Gold closed at $913.70 on Friday night and the yellow metal has taken quite a beating since peaking at over $1033 per ounce.

We expressed our concerns about a correction in gold and we took profits on some of our gold stocks that were showing great gains from our multiple BUY signals over the summer (read more…)

Gold has just opened in Asia and is trading at $947/oz, up $2.40/oz as we prepare this update, which should put a smile on the face of all gold bugs.
We have recently expressed our concerns about a pull back in the precious metals markets as it has been quit a run up and a breather maybe be due before resuming the march onwards and upwards (read more…)

As the main members of the team have been on the road for the last three months, travelling over the UK, America, and to Fiji before going down under, we have not been able to do our monthly portfolio update since October. Much has changed since then and so we have updated our portfolio to show where we stand on the various gold stocks that we follow (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…)

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…)

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…)

The summer is usually a tough time for gold and gold stocks as investors, “Sell in May and Go Away and Don’t Come Back Until Labor Day”.

However here is a summary of our investments and their progress so far (read more…)

The summer doldrums have arrived bringing a truckload more negativity than we expected. Our decision not to sell in ‘May and Go Away’ does not look too good as of today but will sit through this period, as we believe that the move upwards could come quicker than most people expect and we don’t want to be caught on the sidelines (read more…)

Below is a short review of our investments to date (read more…)

A quick update of our portfolio shows an overall increase in the value of our investments of around 32.6%, since July 2006 (read more…)