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 >
Fed Game-Changer
|
Gold Stock Technician (03/18/2009)
"We believe that today's Fed announcement will be one that has long-lasting and far-reaching ramifications, which are especially bullish for Gold and Gold Stocks. It is, in our studied view, an instant 'Game-Changer' of the most epic sort. Today's news is likely super bullish for gold and silver, and super bullish for the gold stocks. While in recent months, some had argued that a flight to quality trade could push gold much higher, that kind of movement positively pales in relation to the kind of price action, which we are likely to see as the U.S. government turns a blind eye, and allows the dollar to decline. In our view, the price of gold is now likely to begin a large-scale third wave advance very capable of pushing gold to prices of several thousand dollars per ounce in the next two 18 to 24 months. For gold, today's news is likely nothing less than a match to a powder keg and we expect that going forward gold will be trading in a very dynamic manner." |
PRINT THIS PAGE
EMAIL THIS PAGE
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.
More Experts
"We expect PGLC's Relief Canyon site to be meaningfully advanced in 2016." (12/16/15) Pershing Gold Corp. - Heiko Ihle, Rodman & Renshaw More >
"ICG continues to stand out as one of the most active junior exploration companies globally." (12/9/15) Integra Gold Corp. - Michael Gray, Macquarie Equity Research More >
"We are initiating coverage on NMI with a Buy rating." (12/9/15) Newmarket Gold Inc. - Heiko Ihle, Rodman & Renshaw More >
"TV's mill throughput was up 19% MOM; zinc recovery improved by 9%." (12/9/15) Trevali Mining Corp. - Joseph Gallucci, More >
"THO pays a good dividend and produces at the lowest quartile costs." (12/9/15) Tahoe Resources Inc. - Gwen Preston, Resource Maven More >