Gold Price Action May Be Signaling the Next Big Move Up

The price action in gold and silver this week may be signaling the next big move up. Our sample of technical analysts seem to bear this out and we have little doubt that those fundamentals that have been in place for what seems an eternity are now strongly influencing the bullish decisions of many speculators in precious metals.  Read more

Precious Metals Underlying Strength

Despite stock markets looking increasingly fragile as the dawning realization by investors that the underlying problems of unemployment and weak housing have not been placated by quantative easing (aka money printing), gold, silver, platinum etc. have shown their underlying strength as the recession looks set to continue. Read more

A Great Opportunity To Top Up On Silver & Gold

The stock market has taken a substantial fall in the last two days. The question is whether this is due to the dawning realization by investors that they have been living in a fantasy world. Read more

Nuclear Safety First

Following our recent bullish thoughts on the future for nuclear energy, those more conservative investors who have researched the sector  may prefer to spread their financial commitment across the industry rather than place their faith in one or more individual companies.

With nuclear safety investing first in mind, the Market Vectors Nuclear Energy ETF (NLR-NYSE) fit’s the bill. Read more

Nuclear Power | Uranium Stocks Set To Soar

This is short and to the point! Solar, wind and every other so called clean energy system so far developed or on the ‘to do’ list will not ‘cut the mustard’ in making up the world wide electrical power shortfall as carbon fuels are either phased out for political reasons or simply as resources become scarcer. Read more

Gold Reaches Highest Level For Eight Weeks

Spurred on by a weakening dollar and a strengthening oil price, gold reached its highest level for eight weeks by the New York close yesterday.

The price action this last three months has given this observer a dense of ‘déjà vu’ as the long expected break through to $1000 and above has had so many false starts. Gold – will it, won’t it seems to have been the question that never gets given a definite answer.

Perhaps politicians really do control the gold market as the conspiracy theorists claim. Read more

Uranium Stockpile Held by Bankrupt Bank

The collapse of Lehman Brothers investment bank last September sent shock waves around the financial world and heralded the public awareness of the recession that has continued to worsen.

The media left us in no doubt that the reason for Lehman’s demise was due to the $60 billion of toxic assets held by the 158 year old bank.

Now the news is that Lehman Brothers also held a stockpile of around 450,000 lbs of uranium, the result of a commodities trading contract, gives a whole new slant on the much used expression ‘toxic assets’. Read more

Gold Recovers From Its Plunge!

Two hours ago we wrote that the price action in gold was like a South Sea pearl diver, the deeper his courage and stamina allowed him to dive, the greater his chances of coming to the surface with a fortune.

That has now happened with gold. In two hours the price has jumped from its dive down to circa $880 an ounce to over $940 an ounce.

We just wish that we could convince you that we anticipated such a quick recovery, but of course we didn’t! Read more

Gold Dives Just Like a South Sea Pearl Diver

The deeper a pearl diver has the courage and stamina to dive the greater is the chance of finding a priceless pearl.

We think the same applies to gold. The lower it drops the more potential wealth it will generate for brave and patient investors.

Buying the bottom for the vast majority of us is just a pipe dream but we do have the opportunity to add to our positions when those troughs, like today’s, beckon.

Of course we have to have the funds and, as there are signs that stock markets are firming up, this may present some opportunities to cash in profits or at least take manageable losses in order to be poised for greater profit opportunities elsewhere. Read more

Gold Hangs On By A Whisker

Midday European trading today (Tuesday) saw gold hanging on to the $920 an ounce by a whisker with silver a fraction ahead of last nights NY close but still 5 cents under $13 an ounce.

We can expect further downward pressure on these prices as oil loses more ground and a little positive sentiment creeps back into stock markets on the back of some banks reporting a good start to the year. Read more

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