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Good sign of a bottom. Market is down, Gold is down, most of the miners are down, AN WE ARE Green.
Small bounce. We should go back up pass 7.00 next week.
I couldn't help myself. I bought 500 for 6.57. I am playing the bounce Tomorrow. Good Luck to both of us.
I might grab some Tomorrow.
O yeah! Just picked up 625 @ 6.63...May drop a little further before starting the upward trend...but im not about to risk passing these prices up...
GL man!
Oh ya real great price.
NovaGold Shareholders Overwhelmingly Approve the NovaCopper Spin-Out
http://finance.yahoo.com/news/novagold-shareholders-overwhelmingly-approve-novacopper-130000092.html
Auguries—The Muppet Show
March 15, 2012
By Kevin Michael Grace
Gold was down (at press time) $42.50 (-2.5%) for the week to $1,658.70, and silver was down $1.41 (-4.2%) to $32.50. Reuters attributed gold’s decline to (narrative alert!) “removal of the premium attached to further quantitative easing, with prices giving up almost all of the gains made since January 25 when the Fed signaled the potential for additional policy stimulus.” In addition, “A modest upgrade of the [Fed's] economic outlook gave the dollar fresh impetus and investors an excuse to lighten holdings of bullion.”
This column has noted the MSM’s decision to ignore the substantial quantitative easing promulgated by the European Central Bank. Which was not enough, according to Ambrose Evans-Pritchard of the Telegraph: “M1 money supply growth in the big G7 economies and leading E7 emerging powers buckled over the winter. The gauge…peaked at 5.1% in November. It dropped to 3.6% in January and to 2.1% in February. This is comparable to falls seen in mid-2008 in the months leading up to the Great Recession.”
Read the rest of this article. http://resourceclips.com/2012/03/15/auguries%E2%80%94the-muppet-show/
Just pick up some shares at 7.54. Great price.
We should add soon.
I agree and IMO we should be adding/
The Proof’s In The Porphyry
Northern Freegold Drills Yukon Gold, Silver, Copper, Moly
By Greg Klein
Northern Freegold’s TSXV:NFR January 18 inferred resource estimate was, as President/CEO/Director John Burges says, another milestone in its rapidly advancing Freegold Mountain Project in central Yukon. The Revenue Deposit’s initial 43-101 came in addition to the adjacent Nucleus Deposit’s existing resource of 1.39 million gold-equivalent ounces indicated and 898,000 gold-equivalent ounces inferred.
The boost of 3.66 million gold-equivalent ounces prompted analysts Michael Fowler and Leonie Soltay of Loewen Ondaatje McCutcheon to rate Northern Freegold a speculative buy with a target of $1.44—a steep hike from its January 18 high of
.30.
Read the rest of this article. http://resourceclips.com/2012/02/13/the-proofs-in-the-porphyry/
When Are they planing on mining all that gold they got in the ground? I think the 8.00 range is cheap.
Looks good and CALVF looks great. New highs aroud the corner.
2012 should be very good for us.
Great day and hpefully a big run.
Gold Gains in First Week of New Year -
06-Jan —
Gold winds down the first week of the new year more
than 3% higher than the closing price of 2011.
The yellow metal continues to trade in close proximity of
the 200-day moving average (1633.00) and a definitive
close above this level is still awaited to bolster
bullish sentiment.
The high from 2-weeks ago at 1641.65 is an important level
to watch as well.
Renewed euro weakness was a central theme of the past week, and despite the corresponding dollar strength, gold has displayed impressive resilience. A decent German bund auction failed to allay worries about upcoming periphery debt sales. A point that may have been driven home when the French saw their borrowing costs rise this week amid persistent rumors of an impending downgrade. Spain and Italy will attempt to sell bonds next week and global investors will be eying demand closely. They’ll also be watching to see if the ECB steps in to cover and absence of “real” demand; primarily as an indication of the central banks relentless creep toward full-on quantitative measures.
The marked retreat in the euro, particularly against the dollar and yen suggest the market isn’t terribly optimistic. There continues to be strong interest in dollar swaps and parking of funds in the ECB’s overnight facility, suggestive of ongoing stresses in the European banking system, or perhaps preparation for a black swan event. Deposits in the ECB overnight facility hit a new record high of €455.3 bln last night.
Black swans by their very definition are difficult to predict, but clearly what everyone remains worried about is the EU fracturing. If Greece for example were to exit the EMU — as they again threatened to do this past week — it might well stop at Greece, but then again it might not. There are many respected economists and analysts that maintain that the monetary union can’t possibly hold together in its current form. Many banks and corporations have taken proactive steps to shield themselves for this possible eventuality. Building a cash buffer — accumulating both euros and dollars — is a piece of that reality.
What policymakers in the eurozone (and elsewhere for that matter) are desperate to prevent is a disorderly breakup. If some event were to trigger such a disorderly breakup, the global repercussions would make what happened in 2008/2009 look like a walk in the park by comparison. For the same reason, the ECB would almost assuredly move aggressively to prevent such a catastrophe. I’ve always believed that the Germans need to be scared just enough to squelch their fears about inflation. If that point is reached, the ECB will follow the path blazed by the BoJ, Fed and BoE before it.
It is these twin fears that are underpinning the gold market: The fear that the whole system could still come crashing down around our ears, as it nearly did just a couple of short years ago. And the fear that the central banks will do whatever it takes to prevent that. Truly we are between Scylla and Charybdis.
The central banks are trying to sail exactly between the two beasts, hoping to stay just out of reach of both. It’s not an easy task though, as measures taken by one central bank have negative implications on others seeking to save their own bacon. One slight over or under reaction could trigger a string of events that may well hurdle our collective ship into the maw of one of those monsters.
As the legend goes, Odysseus chose to confront Scylla and risk losing a handful of sailors, rather than to risk the loss of his entire ship to Charybdis (a whirlpool). It is my belief that most central banks view systemic risks, austerity and deflationary depression as that whirlpool. That would make expansive monetary policy and inflation Scylla in this analogy — the lesser of two evils.
By the 8th century BC, when Homer is thought to have written
the Odyssey, gold already had a long history of being used
as money.
And the striking of gold coins would commence just a century
or so later.
So when you think about how best to protect your wealth from
stormy seas and sea monsters, choose something that has
withstood the test of time -
Choose Gold -
Gold production penny bargain play -
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=70627401
God Bless
It sure looks ready for a move higher and maybe 11 by the end of January.
Watching and waiting. I love gold stocks. I saw an article on The Gold Report that says equity funds are more interested in gold stocks than gold itself.
Where is everyone NG looks ready to run.
Gold up and hopefully a break out today.
Looks like a breakout coming and I bet this week.
Novagold Resources N (NG)
11.49 ? 0.78 (7.28%)
Volume: 5,376,673 @ 7:58:07 PM ET
Bid Ask Day's Range
8.5 13.9 11.09 - 11.77
NG Detailed Quote Wiki
A dollar a day is fine with me.
Blast off could occur any minute now today tomorrow or Friday but its coming.
We are close to a break out.
Novagold Resources N (NG)
10.95 ? 0.0 (0.00%)
Volume: 0 @- ET
Bid Ask Day's Range
10.61 10.9 - - -
NG Detailed Quote Wiki
Maybe more tomorrow.
Great news and the market loved it: +23.64%~
Great day and maybe the next take over.
Novagold Resources N (NG)
8.92 ? 0.08 (0.90%)
Volume: 1,243,777 @ 1:32:11 PM ET
Bid Ask Day's Range
8.92 8.93 8.62 - 9.07
NG Detailed Quote Wiki
Auguries — All the King’s Horses
September 8, 2011
By Kevin Michael Grace
In the bad old days, it was popularly believed that the monarch’s touch could cure scrofula. Thank goodness we have put such superstition behind us. Our modern rulers believe merely that their words can cure the economy. Responding to the decision of the Republican Party to not offer a rebuttal to President Obama’s jobs speech today, former Speaker Nancy Pelosi retorted that this “silence” would “speak volumes about their lack of commitment to creating jobs.”
Lest this space be accused of partisanship, it should be pointed out that the Republicans share the delusional Democratic belief that not a sparrow falls to the ground without some politician’s blessing. At last night’s Republican debate, Rick Perry and Mitt Romney went at it hammer and tongs over the question of which of them had triumphed in “creating jobs” in their respective states.
Read the rest of this article: http://bit.ly/u2yVfc
Auguries-The Unspeakable Truth
September 29, 2011
By Kevin Michael Grace
Until this week, one was only dimly aware of what a “viral video” is. Apparently, these Internet sensations that so captivate the kiddies always seemed to involve cats eating spaghetti, Hitler ranting about some current controversy or cats that look like Hitler. On Monday, however, a TV interview involving global finance, of all things, went viral within minutes, and within days had shocked, angered and frightened millions.
BBC News presenter Martine Croxall had asked trader Alessio Rastani about the prospects for the Euro bailout. Instead of dispensing the usual soothing balm, Rastani lowered the boom. The bailout was dead, he said. Why? “The economic crisis is like a cancer. If you just wait and wait, thinking this is going to go away, just like a cancer it’s going to grow, and it’s going to be too late.” It got better—or worse. As Croxall gaped in horror, Rastani declared, “The market is toast.” When asked for a solution, he replied that he didn’t care, as averting disaster was not his job: “Our job is to make money from it.” In any event, “This is not a time for wishful thinking that the governments are going to sort things out. Governments don’t rule the world; Goldman Sachs rules the world.”
Read the rest of this article: http://bit.ly/vvmfmC
Novagold Resources N (NG)
9.27 ? -0.35 (-3.64%)
Volume: 1,877,755 @ 4:57:04 PM ET
Bid Ask Day's Range
9.21 9.27 9.2 - 9.63
NG Detailed Quote Wiki
Yes and IMO we are headed much higher.
Novagold Resources N (NG) fia$8.8 UP $0.41 +4.89%
Volume: 3,055,131 @ 4:39:50 PM ET Strong Demand -
Bid Ask Day's Range
8.7 9.48 8.46 - 8.94
NG Detailed Quote Wiki
microcap thank you -
well the majors picking UP first -
Gold bull making a new bull run
The juniors are starting 2nd -
great time to be bottom fishing
the Greatest Gold Run is to come
God Bless
Nice few days and hopefully just starting
Novagold Resources N (NG)
8.29 ? 0.43 (5.47%)
Volume: 1,799,458 @ 12:50:15 PM ET
Bid Ask Day's Range
8.29 8.3 7.58 - 8.37
NG Detailed Quote Wiki
Novagold Resources N (NG)
6.45 ? -0.21 (-3.15%)
Volume: 2,020,240 @ 4:50:16 PM ET
Bid Ask Day's Range
6.41 11.16 6.45 - 6.79
NG Detailed Quote
Easily, this chart is beautiful
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