Investing

If you've been waiting for a time to add to, or to initiate, a precious metals position, this is exactly what you've been waiting for. [Let me explain why that is the case.] Words: 299; Charts: 1

Gold has done it! It took 11 yearrs but it finally (albeit unfortunately) crashed through its channel support line of $1,690.00 and 200-day simple moving average of $1,663.07 to close out Thursday at $1,645.90 (with an intraday low of $1,636.00) down $22 from the previous day. Tomorrow is December 21st, 2012, the day the Mayan calendar predicted the world would experience an apocalypic event, so might we be in for a further major decline (just kidding) decline?

Today's world is as uncertain as any we've seen in some time. Sovereign-debt crises threaten major economies in Europe and Japan and the fiscal state of the United States is the worst in non-wartime history! It's no surprise, then, that investors are becoming increasingly attracted to the safety, anonymity and purchasing-power preservation that comes with bullion ownership. That being said, one of the most-often-overlooked benefits of bullion is its ability to help you increase your wealth across currencies, so today I'll show you how owning physical metals — and the most-precious of them all, gold in particular — can help you to boost your global net worth! Words: 896

[Here is a summary of my]...thoughts on the 2011 gold price peak relative to the last time a long term bull market ended (back in 1980): Long-term bull markets almost always end with a bang, not a whimper, and last year's price peak was clearly the latter. A 25% rise over a period of about two months last year [does not an] end-of-cycle, blow-off top [make]. No, I think there's still some room to run for gold if for no other reason than that we haven't even come close to the "mania" stage that characterizes the end of long-term market moves...[Let me explain further.] Words: 359; Charts: 1

The price of silver has been corroding for much of the past year but a variety of signals in recent months suggest that it may not be long before silver begins to shine once again. [This article identifies 5 such signals and/or reasons why that may well be the case.] Words: 643; Charts: 2

The GDX has declined 17% during the past 3 months (3.5% in the past month) and has continued to decline over the past week. It has smashed through the 50-day moving average and the 200-day moving average. Nevertheless, given all the enthusiasm for the future price of gold (and silver) might this well be the time to hold one's nose and buy in before it makes its expected move that would turn the present stench into that of perfume?

According to David Morgan 2013 will be a bullish year in which a new leg up will start with gold going up 10% to 20% and silver a good 30%. That leg up is starting right now, although we probably will not see a substantial acceleration in the leg up like we saw in the first part of 2011 but, obviously, as soon as $50 is crossed an acceleration can be expected. [Morgan explains his position in article excerpts below.] Words: 912

The price per metric tonne of antimony has gone up 700% in the last decade and is expected to rise 5% annually to $20,000/tonne by 2020 at which time global reserves should run out. There is only one antimony mine in production in North America and the company is listed on the TSX.V

$5,000 to $10,000 may not go far in buying the top companies on the NYSE or the Toronto Stock Exchange, but in the junior mining sector, you will be amazed what you can accomplish. You can actually buy thousands and thousands of shares. Yes, these are ‘penny stocks’ but the challenge is to uncover those companies which have the potential to perform well in the coming months. The risk is incredibly high but so is the potential reward. [Let me explain.] Words: 538

The outlook for many junior resource companies in 2013 is grim so investors should focus on those who own quality undeveloped gold and silver deposits in safe stable countries. Such companies offer exceptional value in that they provide the best exposure to a rising precious metals price environment - and the assets the world’s mining companies desperately need. [Let me explain.] Words: 1328; Charts: 15