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 >
Gold, Silver, Copper Near 2010 Highs
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Aden Forecast (09/01/2010)
"The gold price reached another nine-week high yesterday as silver, palladium and copper jumped up to their April-May highs. Gold has bounced up almost 8% in five weeks as nervous investors run to safety. Uncertainty about government policies, the fragile economy and the possibility of an upcoming double-dip recession is keeping gold firm as it approaches its record high. If gold closes clearly above $1,262.40 basis December, it's then ready to soar. Demand will continue to grow as it did in Q2 when it went up by 36%. The second phase of the bull market is alive and well! Meanwhile gold is very strong above $1220. Silver jumped up, getting an extra boost from copper. If it closes above its May high at $19.66 it could rise to its March 2008 high near $20.80. Above this level, it could soar with gold and copper rising, we could see silver really take off. Silver is strong above $18.40. Gold and silver shares are being great. Keep your positions. The XAU index is strong above 177 and it would be very strong above 186. Copper is the barometer for world growth. It's more than four-month high today is spying the global economy is looking better, and it looks to be leading the stock market higher. Copper is very strong above $3.25 and it's next resistance is $3.63." |
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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.
More Experts
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