Today is the last day of August and for metals bugs it’s a case of good-bye and good riddance. Torpedoed portfolios lurch directionless in turbulent shark infested waters. Some investors have already thrown in the towel; others wish that had joined them. Are we about to join them? (read more…)

Some of our readers have suggested that we have an aversion to larger gold miners such as Barrick Gold Corporation. Is this aversion steeped in some psychological need to support the under dog or is all about performance (read more…)

Class is forever.
Form is temporary.

Agnico-Eagle Mines Limited is a quality gold mining stock and now is great time to add a few more to the portfolio (read more…)

There are many indicators that we can use to guide us through this minefield of a market. Today we are examining just one of them and that is the HUI to GOLD Ratio.

We will kick off with a look at the chart (read more…)

In hindsight it may have been better to sell in May and wait for the summer to drift by. During the early part of May the HUI index was above the 340 levels and now it stands at 312. However in July it jumped to 370 before being caught in the recent global sell off (read more…)

After a long period of will she, won’t she, breakout of this trading range, she did, to the downside. The global sell off took no prisoners as every market was hit including precious metals.

Friday brought us relief as the Federal Reserve intervened with a loosening of the financial constraints and the markets responded with a bounce. The rate cut is (read more…)

If the charts are anything to go by then we can see that the correlation between the US Dollar and Gold remains intact. A broad statement based on what we have witnessed over the last few weeks (read more…)

The Wall Street journal on-line has just reported the following:

“Fed Cuts Discount Rate to 5.75%, Citing Raised Economic Uncertainty”

WASHINGTON — The Federal Reserve, declaring that increased economic uncertainty poses risks for U.S. business growth (read more…)

A number of readers have asked us to explain the US Dollar Index as various researchers and analysts including ourselves refer to it, so here goes.

In order to monitor and track the performance of the US Dollar on the global stage we compare it to (read more…)

A great buying opportunity in gold stocks is rapidly approaching, if it is not already here.

In spite of the fact that there was no significant downward move in gold prices yesterday, we saw gold stocks take a (read more…)