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PRECIOUS METALS (US $)
Gold 1386.20-1.40
Silver 22.36-0.14
Platinum 1447.50-10.00
Palladium 724.00-11.00
WORLD MARKETS
DOWJONES 1530312
NASDAQ 34590
NIKKEI 14612128
ASX 4964-77
CAC 40 3957-10
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HUI 255-3
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AUS $ 1.3402
CAN $ 1.3332
US $ 1.2932
GBP (£) 0.8551
Sw Fr 1.2432
YEN 130.7700
CURRENCIES ($)
AUS $ 1.0369
CAN $ 1.0320
Euro 0.7733
GBP (£) 0.6612
Sw Fr 0.9605
YEN 101.0500
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Gold / Silver61.99
Gold / Oil14.77
Dowjones / Gold11.04
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Articles related to gold miners
 
Przemyslaw Radomski CFA - SunshineProfits
Timing the Final Bottom in Silver
We would like to start with a question from one of our subscribers today, as we believe that it is a good way to show the distinction between tools that help you spot what direction the market is about to move and those that are better suited to time the exact reversal point, which is – in current circumstances – the final bottom in gold, silver and the whole precious metals sector. Q: (…) One thing that I do is to look for price divergence with RSI and MACD and that is evident in the charts.
Friday, May 24, 2013
Jordan Roy Byrne - The Daily Gold
6 Reasons Why Gold Stocks will Begin a Huge Rally 
1. Huge rallies begin from these conditions Below is the NYSE Gold Miners Index which is tracked by the GDX ETF. Look at the RSI. Not only did it reach a multi-decade low but it has remained oversold far longer than during the comparable periods. In the four previous periods, the market rebounded suddenly and strongly in percentage terms. Meanwhile, the bullish percent index, a breath indicator is more oversold than in 2008. We plot the indicator with a 10-week moving average that
Wednesday, May 22, 2013
FOFOA - FoFOA
Glimpsing the Hereafter 2 
In this, my 400th post, I will peer into the future, to the Freegold revaluation and beyond. But I do not have an actual crystal ball. All I have is logic and reason, and a little help from Another and FOA. So to quote FOA, "If you came with a notion that I am someone who sees the future, grab the children and run far away." But if you came bearing your own logic and reason, then perhaps you will find this post useful. :D I will touch on a few topics that have been the subject of recent dis
Saturday, May 18, 2013
Antal E. Fekete - Gold University
How to protect one’s pension with Gold 
Greed is as old as human race. The last time it overtook husbandry in the realm of gold was over 35 years ago. In 1968 you could still buy gold at $35 per oz. The price had not changed for 35 years, since 1933, in spite of six years of depression; six years of World War II; six years of Marshall give-away; six years of Korean War; six years of escalation of the Vietnam War; the Berlin blockade, the Cuban missile crisis and other Cold War battles. All these historic events have contributed to monetary depreciation in the order of 75 percent. The gold mining industry was badly hurting. Yet it kept producing and selling gold at break-neck speed as if there was no tomorrow. The gold producers of the 1960s, just as those of today, were doped by the paper-money magic. They were coaxed out of their possession of a real asset to exchange it for a phony one. In giving it up at a ridiculous price they were unwitting stooges helping postpone the day when gold could break its shackles. Nobody then or since has bothered pointing out the folly of the inmate who would ingratiate himself to the jail-keepers by assisting them to make his yoke heavier.
Saturday, May 18, 2013
Keith Weiner - Keth Weiner
Theory of Interest and Prices in Paper Currency Part II (Mechanics)
In Part I (http://keithweinereconomics.com/2013/04/22/theory-of-interest-and-prices-in-paper-currency-part-i-linearity/), we looked at the concepts of nonlinearity, dynamics, multivariate, state, and contiguity. We showed that whatever the relationship may be between prices and the money supply in irredeemable paper currency, it is not a simple matter of rising money supply → rising prices. Here is a fitting footnote for Part I. I just bought a pair of Levis jeans at Macy's for $4
Thursday, May 16, 2013
Jeb Handwerger - GoldStockTrades
Physical Gold-Silver Shortage Could Benefit Undervalued Miners 
When it looks as though things couldn't get worse for precious metal mining equities (GDX), that may be just the time to buy for contrarians. Not only are the junior miners (GDXJ) sloping to historic decade lows, but gold (GLD) bullion which has held up considerably well in comparison has been hit hard recently by short selling, bearish bank reports and margin calls. Now after this recent decline there is a palpable sense of panic and fear throughout the resource markets. This is the b
Monday, May 13, 2013
Aubie Baltin
History’s Best Gold Buying Opportunity – Dr Baltin 
There is only one difference between a bad economist and a good one: The bad economist confines himself to the visible effect; the good economist takes into account both the effect that can be seen and more importantly, those effects that must be foreseen. The bad economist pursues a small, present good that will be followed by a great evil to come, while the good economist pursues a great good to come, at the
Monday, May 13, 2013
Przemyslaw Radomski CFA - SunshineProfits
Gold Stocks Are Leading Gold Lower
T.S. Eliot called April "€œthe cruelest month"€ in his famous poem, and without a doubt April was cruel to many gold investors. Sunshine Profits subscribers who followed our suggestions in April avoided a share of the pain. Probably no one suffered more than hedge fund manager John Paulson. He is joined byhedge fund manager David Einhorn whose Greenlight fund took a big hit on its gold miners ETFholdings. Einhorn said recently what we would consider an understatement: "We were somewhat surpris
Friday, May 10, 2013
Scott Wright - Zealllc
Gold-Mining Margins 3
Gold mining is a very tough business.Not only is it highly capital-intensive and chock-full of environmental risks, its revenues are entirely at the mercy of a volatile commodity.It requires some serious mettle to succeed mining gold.But despite super-high barriers to entry and the countless risk factors that come with mining, the world needs gold, and somebody's got to produce it.And believe it or not, a lot of money can be made in this business.At a high level gold mining is like any other bus
Monday, May 06, 2013
Dan Dontrose - The Fundamental View
  Are Gold Miners Ready To Re-Open Hedge Books?
In 2009 news that Barrick Gold was going to close its hedge book to capitalize on what they projected were going to be higher gold prices.  It turned out to be a very bullish indicator that I wrote about here on this blog (and other blogs picked up on it as well). It was at a time when even I was projecting higher gold prices.  Let’s first review their 2009 decision (source Reuters) Barrick Gold Corp (ABX.TO) said on Tuesday it had completely eliminated its fixed-price hedge book, allowing t
Thursday, May 02, 2013
Captain Hook - Treasure Chest
Speculator Optimism Finally In Flush Mode
Lies, lies, lies - and propaganda - anything to get the stock market higher and keep the canaries contained. The powerful and plugged-in bankers and bureaucrats are having their way right now, but this will end abruptly at some point when building pressures in the system blow. These characters have us on a collision course with an increasingly unpalatable future the longer they continue jamming the status quo (think financial repression) down our throats. Increasingly desperate measures are requ
Tuesday, April 30, 2013
Adam Hamilton - Zealllc
Gold-Stock Panic Levels 
Gold stocks have to be the most despised sector in all the markets. Mainstreamers barely even know they exist, while even the vast majority of so-called contrarians scorn them.The sheer contempt for this sector is amazing considering gold stocks were almost certainly the best-performing sector of the past decade.This universal antipathy has driven them to panic levels, by far the markets? best fundamental bargains.Gold stocks weren?t always held in derision.From November 2000 to September 2011, t
Saturday, April 27, 2013
Bud Conrad - Casey Research
Physical Gold vs. Paper Gold: The Ultimate Disconnect 
How can we explain gold dropping into the $1,300 level in less than a week? Here are some of the factors: George Soros cut his fund holdings in the biggest gold ETF by 55% in the fourth quarter of 2012. He was not alone: the gold holdings of GLD have contracted all year, down about 12.
Saturday, April 27, 2013
Silver Shield
  The Silver Bullet And The Silver Shield 
It is both a Silver Bullet to rebel against the Elite's corrupt system and a Silver Shield to protect your family and wealth in a post- dollar world. Buying physical silver is non-violent, non-compliant resistance. Most importantly it works outside of the system and it cannot be stopped
Friday, April 26, 2013
The Gold Report
Portfolio Manager Greg Orrell: 'My Belief in Gold Has Not Wavered'
The Gold Report: How has your bullish view on the gold sector evolved as a series of crises has jolted both the international stock market and the price of gold? Greg Orrell: First off, my belief in gold as a monetary asset has not wavered. Japan basically admitted that it is bankrupt with its intention to aggressively debase its currency. Normally such actions would invoke, and may still, a race to the bottom as each country engages in economic warfare to deal with its debt issues. At this ju
Wednesday, April 24, 2013
The Gold Report
  Gold's Tumble: Panic or Conspiracy? What's Next?
The selloff, though unexpected, has not shaken the faith of many in gold. One big loser in this selloff has been hedge fund manager John Paulson. His contrary bet on gold is reminiscent of his bet against the U.S. housing market, which made him a fortune. John Reade, a partner at Paulson & Co., said the fund's long-term thesis is unchanged. Reade told the Financial Times, "Federal governments have been printing money at an unprecedented rate, creating demand for gold as an alternative currency.
Friday, April 19, 2013
Jeb Handwerger - GoldStockTrades
Look For Comeback In Precious Metals and Miners After Capitulation 
"The main purpose of the stock market is to make fools of as many men as possible." - Bernard Baruch Bear market bottoms are marked by frenzied selling after an extended downtrend of 18 months. Caveat venditor! The record amount of precious metal bears and short sellers getting caught up in this emotional panic may forecast that the downward trend for almost two years in the mining stocks and precious metals may be coming to an end. Capitulation and downward gaps many times mark
Wednesday, April 17, 2013
Adam Hamilton - Zealllc
GLD Holdings Plunge
Gold has faced stiff headwinds lately as investors abandon alternative investments to chase record-high stock markets. Probably the most significant has been the major selling hammering the flagship GLD gold ETF. It has suffered such intense differential selling pressure that its custodians have been forced to dump enormous quantities of physical gold.
Saturday, April 13, 2013
Adam Brochert - Gold Versus Paper
Gold - Are We There Yet? 
It has been a 1.5-2 year sideways affair for the precious metals (PM), depending on whether you look at silver (peak in April of 2011) or Gold (peak in August of 2011). PM stocks, on the other hand, have done quite a bit worse than go sideways. While the more conservative Gold has only fallen a maximum of 20% from its August of 2011 highs, the more volatile silver and senior PM stock indices (e.g., XAU, HUI, GDX) have both fallen close to 50%. The junior PM stock sector has been decimated, with
Sunday, April 07, 2013
Scott Wright - Zealllc
Junior Gold Producers 3
It's well known that a huge chunk of global gold production is performed by a small group of very large mining companies.These mega-miners own the world?s biggest mines, possess the deepest pipelines of projects, and for the most part have large coffers that easily support reserve renewal via organic development and acquisitions.Incredibly just the 10 largest publicly-traded primary gold miners, Barrick Gold, Newmont Mining, AngloGold Ashanti, Kinross Gold, Goldcorp, Newcrest Mining, Goldfields,
Tuesday, April 02, 2013
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