As investors who are totally invested in the precious metals market with nothing at all in the mainstream sector we tend to regard ourselves as having a contrary viewpoint. So according to the dictionary we are opposite in nature, altogether different and are inclined to oppose stubbornly (read more…)

Fronteer has announced that the acquisition of NewWest Gold is now complete giving Fronteer an additional 3.5 million ounces of gold equivalent to add to its resource base. The statement went on to say that (read more…)

An announcement is expected tomorrow from BHP Billiton that the gold reserves at Olympic Dam are 50% bigger than previously thought, which could make it the biggest gold mine in the world.

A spokesman in London said (read more…)

Today we decided to take some profits off the table as both gold and the HUI are in the sell zone in our opinion (read more…)

According to the Wall Street Journal Yamana Gold Incorporated have finally managed to acquire Meridian Gold Incorporated (read more…)

The chairman of the Federal Reserve Board Ben Bernanke cut the interest rates by 50 basis points to ease the pain of all those with mortgage payments to make.

However from what we can see mortgage rates have actually moved up thus causing more pain for home owners (read more…)

What a difference a month makes! Gold closed at $731 and the HUI hit 400, which makes the job of writing this update more of a pleasure. We will start with both the chart of the HUI and the chart of gold. Both have moved to higher ground aided by the Federal Reserve who pitched in with a 50 basis points rate cut (read more…)

As we can see from the chart of the US Dollar the fall continues from the 82.0 level in mid August to 78.61 yesterday for a loss in value of 4.3% (read more…)

A rather nice start to the day it has be said! The summer is well and truly behind us and the activity is starting to ramp up if you are a precious metals bull (read more…)

The Governor of the Bank of England lost his nerve yesterday and flooded the capital markets by providing a further £10 billion of emergency money.

Mervyn King who a few short weeks ago appeared to have found his backbone by standing steadfast and not coming to aid of the ‘free’ market, panicked (read more…)