The Gold Report
Notable Quotes
"ICG has closed a CA$2.5M flow-through placement." (12/24/15) Integra Gold Corp. - Thibaut Lepouttre, Caesars Report More >
"The exploration upside at MAG's Juanicipio project is substantial." (12/23/15) MAG Silver Corp. - Gwen Preston, Resource Maven More >
"AKG's management continues to deliver on its development milestones." (12/22/15) Asanko Gold Inc. - Nana Sangmuah, Clarus Securities More >
"We are initiating coverage on KDX with a Buy rating." (12/21/15) Klondex Mines Ltd. - Don Blyth, Paradigm Capital More >
"VIT's Eagle is a shovel-ready, fully permitted, prefinanced gold project." (12/17/15) Victoria Gold Corp. - Tom Hayes, Edison Investment Research More >
What Will Silver's New Top Be?
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Morgan Report/Silver Investor
"In my opinion currently, we are likely to see a surge higher because there is a tremendous amount of fear in the financial markets right now. The U.S. dollar continues to sell-off and gold is hitting $1000 per ounce. Silver has entered into another parabolic rise, just like it has in the past. Because Silver is becoming much more sought after as an investment, these moves go further before topping out. Where will the new top will be made? It is possible it has been set at over $21 in the overseas market already. But the pressure to the upside exists still so if we take out the $21 level we might see $25 before any meaningful correction. Whatever the high turns out to be, the correction probably will be just as dramatic as the previous ones. Watch the $19.25 level carefully, if we get a close below that point in the spot (cash market) and it stays for three days there is a high probability this rally is over. Please remember that the comments above are on a short term basis. We invest with the primary trend. Silver's primary is up and we still think $100 silver is possible in a three to five year time frame." (3/13/08) |
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Under SEC rules, analysts are required to disclose their interest in securities that they cover. We strongly encourage you to contact them to understand any potential conflicts of interest they may have.
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