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 >
Aden Forecast "A renewed rise is clearly underway and gold is poised to rise further."
| Report | Gold |
| Date | 04/29/2010 |
| Loaded Date | 04/30/2010 |
| Title | Debt Weight |
| Quote | "Yesterday's downgrade of Greece's debt to junk status caused a selloff in the U.S. and global stocks markets, the currencies and commodities. Portugal's debt was downgraded, too. Gold, the U.S. dollar and bonds jumped up. Today's downgrade of Spain's debt, however, didn't have the same effect as the markets are rebounding some. Nevertheless, concern is growing that the debt mess will spread and as a result, gold is benefiting from safe haven buying. Gold continues to surge, closing at a new high for the year today. A renewed rise is clearly underway and gold is poised to rise further, in spite of the dollar's strength. The gold price is very strong by staying above $1,145. Gold has now broken above all of its resistance levels, with one exception. Its next and last hurdle to overcome is the November closing record high at $1,218. A clear close above this level would signal that a strong double C rise is underway and $1,300 would then be an easy target. Gold shares are following gold as the XAU index jumped up to a 3½-month high today. It's super strong above 170 and also headed higher. Silver is lagging somewhat but it's looking good too and very strong above $17.80. Keep your positions, and buy new ones in gold and the strongest metals shares." |
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 >