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 [...]

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 [...]

On Wednesday the metal advanced $21.6, or 1.3%, to $1,682.60 an ounce on Comex as investors were more optimistic about Europe.  While the crisis in Europe has worsened, there are now plans being formulated to try to support the European banking system and avoid a deepening European credit crunch that would likely have substantial further [...]

We have seen some major profit taking last week and earlier this week and believe that this cash might return to the market specifically to the resources sector.  On Wednesday the metal added $25.60, or 1.6%, to $1,641.60 an ounce on Comex.  In our opinion, the metal became more appealing after the 2.5 % price [...]

On Wednesday the metal declined $34.40, or 2.1%, to $1,618.10 an ounce on Comex.  On Tuesday gold futures touched a low of $1,531, down $392 from its $1,923 peak just 20 days ago, which is a significant collapse of 20.3%.  Silver declined to $26.17, off 47.5% from its late April peak.  Below are some factors [...]

Here at MiningInvestor.net we have been helping our clients to navigate through the unprecedented levels of heightened fiscal uncertainty as well as slowing economies worldwide and profit from gold soaring to its highest historical levels.   On Wednesday the metal declined $1, or 0.1%, to $1,808.10 an ounce on Comex.  In our opinion, the metal [...]

Here at MiningInvestor.net we have been assisting our clients to navigate through the unprecedented levels of heightened fiscal and geo political uncertainty as well as slowing economies worldwide and profit from the soaring gold prices.  Currently, we are starting to like silver again.  Similar to gold, silver has been simultaneously viewed as a high quality [...]

Due to the unprecedented levels of heightened fiscal and geo political uncertainty as well as slowing economies worldwide we have seen the price of gold soaring to its highest historical levels.  Recently, gold has been simultaneously viewed as a high quality liquid asset, a currency alternative, a diversification mechanism and a volatility buffer. This week [...]

We currently believe in further price appreciation for gold, uranium and the TSX mining sector in general as uranium is reaching its price support level, gold is keeping its safe haven status and the activity in the mining sector is increasing due to the typical fall season upswing. We plan to initiate coverage of uranium [...]

There were concerns on Wednesday about the end of the gold’s bull market when Gold futures dropped 5.6%, its third biggest one-day percentage drop ever.  Gold settled at $1,757.30/oz on Comex down $104. We prefer a contrarian view and would like to entertain a position that this selling is temporary and is a good opportunity [...]