Agnico-Eagle Mines Ltd (AEM) Kinross Gold Corporation (KGC) and Yamana Gold Incorporated (AUY) all have similar chart patterns in that the MACD has recently experienced a golden crossover.

If we look at the chart above of Agnico-Eagle we can see that (read more…)

Gold made a bottom at $651 on August 16th 2007 before rallying to over $1025 by March 2008. The anniversary of that low is less than a week away and we suspect history is going to repeat itself as gold prepares for anther tremendous rally (read more…)

On the 24th July 2008 we made a purchase of the JAN09 Call Options at a strike price of $20.00, paying $2.50 for the contracts in Kinross Gold Corporation (KGC)

This may sound familiar to you as we bought these very same call options in KGC on the 16th June 2008 paying $2.68 per contract and sold them on the 28th June 2008 for $5.30 per contract generating a 100% profit in two weeks. We have re-purchased these call options because we think that the sell off in Kinross has been over done (read more…)

On the 24th July 2008 we purchased more stock in Kinross Gold Corporation (KGC) for an average price of US$18.28, doubling our position in the stock.

The big news is that Kinross have tabled a $1.2-billion bid for Aurelian Resources Incorporated (read more…)

This is just a quick note to inform our readers that we have bought the following positions in today’s trading, and we are giving BUY signals on the same securities (read more…)

Today we acquired more of the stock of Yamana Gold Incorporated for an average price of $15.47 as gold gained $7.50 and silver gained $0.25. We analysed a number of stocks including Agnico-Eagle (AEM) and Kinross Gold Corporation (KGC) etc, but concluded that Yamana offered the greatest upside potential (read more…)

As you can see from the above chart we acquired the stock of gold producer Randgold Resources Limited for an average price of $37.65 per share on the 16th June 2008, it closed today at $45.30 for a gain of 20.30% in less then a month (read more…)

Kinross Gold Corporation has just announced its subscription for 5,000,000 units of stock of the explorer Chapleau Resources Limited. As investors in this company it is good to see them actively pursue exploration companies who offer the future potential of increased reserves. Chapleau are engaged on drilling programmes in both Brazil and Peru.

Kinross Gold Corporation had this to say today’s news release (read more…)

We have had a few requests regarding options trading so we have put together a few notes on the subject with a few links to web sites that explain options in a lot more detail.

As we see them, an options contract is a bet that the underlying commodity or stock will go either up or down (read more…)

The resurgence of gold stocks driven by a leap forward in gold prices, which was triggered by the absence of a rate increase for the US Dollar, might have driven gold stocks too far.

Fresh from our successful foray into the options arena with our trade on Kinross Gold Corporation our ‘opportunity cash’ sits idly on the sidelines looking for deployment. The question is where to now (read more…)