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(6/30/08) - David Morgan's (Silver Investor) latest insights on the silver market


Exeter Resource Corp. (AMEX: XRA, TSX.V: XRC, Frkt: EXB) "Drilling in Q4/08 at Caspiche to establish a NI 43-101 resource estimate." (6/30/08)  
-WENDELL ZERB, B.SC., P. GEOL., CANACCORD ADAMS
Duluth Metals Ltd. (TSX:DM) "One of the easiest projects of the world-class polymetallic mining district - a 'buy' rating." (7/1/08)  
- The Gold Report Interview with John Tumazos
Lake Shore Gold Corp. (TSX:LSG) "Hochschild increases holdings from 35% to 40% placing company in strong position to execute Timmins' development plans." (6/23/08)  
-ANDREW KAIP, HAYWOOD SECURITIES
Gold Fields Limited (JSE/NYSE-GFI) "Fundamental research indicates a 33% upside for the coming 6 to 12 months." (6/13/08)  
- researchoracle.com
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Jul 5, 2008

Market Malaise

Duluth Complex: A World-Class Value Play
The Gold Report recently interviewed John Tumazos, principal and founder of John Tumazos Very Independent Research LLC. Mr. Tumazos, a top analyst according to Institutional Investor, discusses the Duluth Complex, a polymetallic mining district in Minnesota, and the five companies that comprise the Complex. - The Gold Report 07/01/2008

Why Bother with SPDR Gold Share Options?
Long-term options known as LEAPS (Long-term Equity AnticiPation Securities) can be used to advantage by gold bulls in a number of ways. The simplest application relies upon the inherent leverage of options to yield more bang out of every buck tracking gold. - Brad Zigler, Seeking Alpha 07/01/2008

European Central Bank Gold Sales Complete for This Year
...ECB gold sales are probably a bit of an irrelevance at the current time. Other member banks are still selling or purchasing gold, although most analysts reckon that official sales this agreement year are likely to remain short of last year's sales as the gold price's continuing high levels mean that it may be politically unacceptable domestically to sell large quantities of what in effect are part of a nation's gold reserves... - Mineweb.com 07/01/2008

SPDR Gold ETF Debuts in Tokyo
Currently, the SPDR Gold Shares trust has about $19 billion in assets, which translates into nearly 21 million ounces of gold. That makes it the biggest asset-backed gold fund in the world. - Heather Bell, Seeking Alpha 06/30/2008


7-03-08 — Mike Berry, Ph.D. Morning Notes
Today: The name of this game is oil. It is much higher this AM amidst the inaction and blame game in Washington. Pitiful, unacceptible and damaging. From President Bush and the Congress: Happy Fourth of July - to be renamed Dependence Day. . . I apologize for not writing during these very hectic days for the dollar and stocks. We are slowing and inflating at the same time. This is not healthy for equities and yesterday they ALL came off en masse. . . AOL stopped my service for 7 days saying that I had too many clients (was sending too many emails). I must find another service to send out Morning Notes.  Please bear with me. . . A major cancer announcement from Senesco Technologies this AM on its multiple myeloma tests. Please see SNT's web site.

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[Most Recent Quotes from www.kitco.com]


[Most Recent Quotes from www.kitco.com]

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Terrane Metals Corp (TRX: TSX.V) "To deliver environmental assessment application for C$917-million development near Prince George." (6/26/08)  
- resourceinvestor.com
Crystallex International Corp. (KRY) "Could be a 'buy' as possibilities for a permit on Las Cristinas increase." (6/28/08)  
- Gold World
NovaGold Resources Inc. (NG:AMEX,TSX) "I have no doubts that this project will eventually become a mine." (6/27/08)  
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Exeter Resource Corp. (AMEX: XRA, TSX.V: XRC, Frkt: EXB) "Overall, XRA continues to be great value for money with the stock below $4.50.."(6/24/08)  
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"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)  
- Dow Theory Letters
"...it is my expectation that within several years, the Fear Index will climb toward the peak reached during the Great Depression. It will do this as the problems with dollar fiat currency become more apparent, causing a flight from the dollar into the safety and security of gold. The flight out of the dollar is already underway. It’s only a matter of time before the rush for the exits turns into a torrent..." (6/23/08)  
- Freemarket Gold and Money Report