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Archive for 2011

Gold – enhanced portfolio performance during booms and reduced losses during turmoils.

Icon Written by Elena Kazimirova on October 26, 2011 – 11:10 pm

Due to the unprecedented levels of heightened fiscal uncertainty as well as slowing economies worldwide we have seen the price of gold soaring to its highest historical levels this summer followed by a major profit taking selloff this October.  Recently, gold has been simultaneously viewed as a high quality liquid asset, a currency alternative, a [...]

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Gold and Currency Correlation – Moving Markets

Icon Written by Dan Schwartz on October 26, 2011 – 6:00 am

The markets fluctuate every minute, hour, day, weeks, etc. Making money on the markets is entirely linked to how well an investor can predict the direction of a trade. Predicting the direction seems easy, putting the trade on and waiting for it to work in your favor is where the challenge lies. One of the [...]

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Looks Like The Sky is Not Falling

Icon Written by Jeff Howlett on October 25, 2011 – 6:00 am

Maybe, just maybe some semblance of reality might be filtering into the markets.  The markets have had a good run over the past three weeks and were up again yesterday – and maybe it is for the right reasons, not just on speculation regarding Greece and whether there will be a complete rescue or a [...]

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Exploration expenditure picks up.

Icon Written by Elena Kazimirova on October 19, 2011 – 11:02 pm

On Wednesday the metal declined $5.8, or 0.4%, to $1,647 an ounce on Comex. The investors were reluctant to place further orders on gold in anticipation of the euro zone’s summit this weekend.  Gold also suffered due to the trading changes by the U.S. Commodities Futures Trading Commission that limited the number of commodity contracts [...]

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The Best Place to Hold Gold May Be Under Your Mattress

Icon Written by Dan Schwartz on October 19, 2011 – 6:00 am

There has been an interesting trend of late. Everyone is well aware of the rise in the price of precious metals, particularly gold, but the unstable economic environment many investor are now asking themselves a fundamental question. “Where is the safest place for me to to store my gold?” For many, it’s not a bank, [...]

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SILVER PURSUIT ANNOUNCES LA LUZ DRILL RESULTS

Icon Written by Gold Admin on October 18, 2011 – 8:33 pm

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Vancouver, British Columbia – Silver Pursuit Resources Ltd. (TSX-V: SPF) (the “Company”) is pleased to report on recent results from its La Luz copper-gold property (the “Property”) located 50 kilometers north of Alamos in Sonora, Mexico. In July 2011, the [...]

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New Highs and New Lows

Icon Written by Jeff Howlett on October 18, 2011 – 11:18 am

Last week I was doing some research on the TSX Venture exchange after reading an article on the “winnowing” out of smaller junior mineral exploration companies.  What I found was most interesting.  Last week the venture exchange actually rose some 85 points, and you saw the customary advancers and decliners as you might suspect. OK. [...]

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URASTAR STARTS DRILLING AT THE BLACKPOINT Au-Ag PROPERTY IN NEVADA

Icon Written by Gold Admin on October 18, 2011 – 10:49 am

Vancouver, Canada, October 18, 2011. –UraStar Gold Corp. (“UraStar”) (TSXV: URS) wishes to announce that drilling has commenced on the Blackpoint Au-Ag Property in Nevada.  The drilling program, which will consist of at least three (3) holes, is designed to test for high grade gold which is believed to lie peripheral to or beneath the existing [...]

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MEADOW BAY GOLD TO HOST INVESTORS CALL ON FRIDAY OCTOBER 14 AT 11:00 AM EST TO DISCUSS NEW DISCOVERY AT THE ATLANTA GOLD MINE IN NEVADA

Icon Written by Gold Admin on October 13, 2011 – 12:57 pm

Vancouver, BC -October 13, 2011 Meadow Bay Gold Corporation (“Meadow Bay Gold”) (TSXV:MAY.V) (OTCQX:MAYGF) advises that due to significant investor interest in the new porphyry-hosted gold discovery announced earlier today (link to news release) it will host an investor call on Friday October 14, 2011 at 11:00 am EST. Robert Dinning, CEO will chair the call. [...]

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MEADOW BAY GOLD DISCOVERS PORPHYRY-HOSTED GOLD MINERALIZATION AT ITS ATLANTA GOLD MINE PROJECT IN NEVADA

Icon Written by Gold Admin on October 13, 2011 – 11:26 am

Vancouver, BC –October 13, 2011 Meadow Bay Gold Corporation (“Meadow Bay Gold”) (TSXV:MAY) (OTCQX:MAYGF) is pleased to report assay results from three additional core drill holes of its drilling program at the Atlanta Gold Mine in Lincoln County, Nevada. The purpose of the drill program is to test for thickness and grade of gold and [...]

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