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 >
Correction Over if August Gold Can Better $933
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Dow Theory Letters
"Now the US economy is in trouble. It will require massive government spending to even begin to stabilize the economy. The US in engaged in a wasteful war. The expenses of the war are "hidden" off budget. All of the above go towards weakening the dollar, if not immediately then over the longer term. The case for holding (not trading) gold has never been stronger. Since mid-March, 2008, gold has been correcting. On May 1 August gold struck a low of 855. Gold rallied, then declined to register a higher low at 850 on June 17. From there gold rallied again. The current upside target for gold is 933 recorded on May 22. If August gold can better 933, I believe the base will have been completed and the correction will be over." (6/23/08) |
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