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 >
Markets Bouncing Up
|
Aden Forecast (07/14/2010)
"The markets continued to bounce up nicely this week. And even though today was a pause day, the markets are poised to rise further. The U.S. dollar and the gold price are now finally starting to move in opposite directions once again. The Dollar Index closed at a 10-week low today as it fell below its 15-week moving average for the first time this year, while the gold price moved up and it's holding above its 15-week moving average. This is bullish for gold because it's now back in sync and moving with the euro. This week's jump shows potential for the euro, which is now strong above 1.2700. The Australian dollar is bouncing up the best along with its big increase in consumer confidence. It's now very strong above .8700. The Kiwi, Swiss franc and British pound are also looking good, while the Canadian dollar is holding firmly above .9600. Keep your currencies and we may be buying more soon. With the gold price holding firmly above $1,195, it's saying gold is still strong and the D decline has yet to begin. Silver and gold shares are also holding up and they're firm above $17.90 and 450 for the HUI index." |
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 >