Fronteer Development Group Incorporated (FRG) put in a sparkling performance yesterday when the stock price moved up 8.52% for a gain of $1.00 on turnover of 450,000 in the USA (read more…)

Well there is nothing like a sixteen-dollar Friday to send gold bugs heading for the champagne bottles. And to add to the frothiness Hong Kong and Sydney pushed it further with eight-dollar gain as we write (read more…)

Yamana Gold has been beaten up a lot recently with investors selling for a variety of reasons, despite Yamana being one of the best performing gold stocks of its size.

Firstly Yamana was (read more…)

Kinross Gold has long been one of our favourite gold stocks, performing time and time again and providing us with good leverage to rising gold prices.

During the summer doldrums, we gave two additional BUY signals on KGC, at $11.66 on the 29th June and at $11.48 on the 20th of August. As Kinross is now at $17.35, these appear to have been good calls on our part, as both BUY signals have now produced a profit of roughly 50% in just a few months (read more…)

Team,

Thanks of your comments they are very much appreciated. We take the view that if everyone in the room is in agreement then there is usually only one person thinking.

To recap: all through the summer we have said buy and hold and definitely do not sell during the summer doldrums. We pointed out that after Labour Day things would really heat up and they did. Now we have a situation where we believe gold and gold stocks are overbought (read more…)

Gold and gold stocks have been doing incredibly well over the last couple of months, but nothing goes up in a straight line, and we believe that a correction in gold and gold stocks is imminent, and yesterdays trading could have signalled the beginning of the pullback

Readers of The Gold Prices Newsletter will know that on August 16th we wrote in an article entitleed “Buying Oppotunity in Gold Stocks” that “A great buying opportunity in gold stocks is rapidly approaching, if it is not already here.” That was the day that most gold stocks hit a bottom, and from there many gold stocks have risen 40% or more (read more…)

Last month Gold closed at $731 and the HUI hit 400, which made the job of writing an update more of a pleasure. This month we have gold at $763.60 and the HUI at 404. Gold has gained 4.3% and the HUI has gained 1% (read more…)

Yamana Gold Incorporated aims to produce 2.2 million ounces of gold by 2012 and 1 million ounces by 2009. This company has a market capitalisation of 5.5 billion and has a P/E ratio 75.93.

As an intermediate gold producer Yamana has performed very well and is now approaching its all time high of $15.06 (it closed yesterday at $14.22) should it surpass its previous record then we are in uncharted waters so it go a lot higher (read more…)

For most of yesterday gold bobbed around but closed virtually unchanged, unlike the HUI, which managed to lose nine points or 2.23% over the session.

Now when we look at the HUI’s chart we can see that it has backed off from a high of 420 to 401 in two days of trading (read more…)

The US dollar has fallen 20% against the Canadian dollar since March, 15% against the Australian dollar since August and 7% against the euro in the past 7 weeks, according to an article carried in the ResourceInvestor. Com, so should the US sell gold in order to reduce their deficits (read more…)