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Hi Garyst - UBRG
indeed at his bottom
AND
nr 14 on breakout board :)
waiting for the financial :)
You're welcomed :)
*********
I read sometimes ago that copper is considered
a strategic mineral for USA.
A nice day to you
Hi Jufel, please read this:
usually trend of minerals are similar -
....
Just give a look at this market vector that seems to go up
**********
Five Reasons Why The Market Vectors Gold Mining ETF Could Be The Next Monster Trade
Posted by Bryan Leighton on October 13, 2014 at 12:14pm
http://www.traddr.com/profiles/blog/five-reasons-why-the-market-vectors-gold-mining-etf-could-be-the-
One of the most hated commodities in 2014 has been gold. As most of you know, gold is also viewed by many people as a currency. After all, gold cannot be printed or created by a click of a button like most fiat currencies. For the first time in a long time, the leading gold mining stocks are looking primed for a sharp move higher. Listed below are five key reasons why gold mining stocks look poised for a major rally in the near term.
1. The leading gold mining stock stages a sharp upside reversal day on October 8th, 2014. The Market Vectors Gold Miners ETF (NYSEARCA:GDX) surged higher on 114 million shares after making a fresh three year low. When high volume reversal days occur from new multi-year lows it is a bullish technical chart formation. An upside reversal in the Market Vectors Gold Miners ETF tells the chart reader that someone wanted gold down there and indicates conviction buying. This pattern will generally lead to near term upside.
2. It should be note that gold and gold mining stocks have been trading inversely to the USD/JPY currency pair. As the USD/JPY sells off or pulls back this should benefit the precious metals and the gold mining sector. Recently, the USD/JPY has pulled back from the $110.00 level to $107.33. Traders and investors should note that gold has started to rally as this currency pair has sold off. Please remember, the USD/JPY has been the carry trade that has fueled the U.S. equity market since early 2012.
3. Many of the leading gold mining companies have to hedge their bets as a gold producer. In other words, the leading gold mining companies are often shorting gold (betting against gold) to protect themselves in a declining gold market. Should the leading gold mining companies start to close out those hedging positions it could actually inflate the price of gold in the near term. Remember, in 2010 and 2011 there were very few gold mining companies hedging their bets as gold was soaring to new all time highs.
4. Should consolidation start to take place in the industry group it should lead to higher prices for the leading gold mining stocks. Recently, the leading gold company Newmont Mining Corp (NYSE:NEM) was in talks to be bought out by Barrick Gold Corp (NYSE:ABX), but talks stalled out. With such cheap money still available in the market place it only makes sense that gold mining companies would be looking to merge and consolidate. Traders can easily see how well the airline stocks have done once they consolidated that industry group.
5. Foreign countries such as China and India are reportedly buying tonnes of gold. It should be noted that China and India are two of the largest countries in the world. Each country has a population of more than one billion people. This one fact alone could keep a bid in gold for quite a while. It should also be noted that the recent weakness in the European Union and the downgrade of France could have people running for a tangible currency.
General news on Gold
from GDX board
Five Reasons Why The Market Vectors Gold Mining ETF Could Be The Next Monster Trade
Posted by Bryan Leighton on October 13, 2014 at 12:14pm
http://www.traddr.com/profiles/blog/five-reasons-why-the-market-vectors-gold-mining-etf-could-be-the-
One of the most hated commodities in 2014 has been gold. As most of you know, gold is also viewed by many people as a currency. After all, gold cannot be printed or created by a click of a button like most fiat currencies. For the first time in a long time, the leading gold mining stocks are looking primed for a sharp move higher. Listed below are five key reasons why gold mining stocks look poised for a major rally in the near term.
1. The leading gold mining stock stages a sharp upside reversal day on October 8th, 2014. The Market Vectors Gold Miners ETF (NYSEARCA:GDX) surged higher on 114 million shares after making a fresh three year low. When high volume reversal days occur from new multi-year lows it is a bullish technical chart formation. An upside reversal in the Market Vectors Gold Miners ETF tells the chart reader that someone wanted gold down there and indicates conviction buying. This pattern will generally lead to near term upside.
2. It should be note that gold and gold mining stocks have been trading inversely to the USD/JPY currency pair. As the USD/JPY sells off or pulls back this should benefit the precious metals and the gold mining sector. Recently, the USD/JPY has pulled back from the $110.00 level to $107.33. Traders and investors should note that gold has started to rally as this currency pair has sold off. Please remember, the USD/JPY has been the carry trade that has fueled the U.S. equity market since early 2012.
3. Many of the leading gold mining companies have to hedge their bets as a gold producer. In other words, the leading gold mining companies are often shorting gold (betting against gold) to protect themselves in a declining gold market. Should the leading gold mining companies start to close out those hedging positions it could actually inflate the price of gold in the near term. Remember, in 2010 and 2011 there were very few gold mining companies hedging their bets as gold was soaring to new all time highs.
4. Should consolidation start to take place in the industry group it should lead to higher prices for the leading gold mining stocks. Recently, the leading gold company Newmont Mining Corp (NYSE:NEM) was in talks to be bought out by Barrick Gold Corp (NYSE:ABX), but talks stalled out. With such cheap money still available in the market place it only makes sense that gold mining companies would be looking to merge and consolidate. Traders can easily see how well the airline stocks have done once they consolidated that industry group.
5. Foreign countries such as China and India are reportedly buying tonnes of gold. It should be noted that China and India are two of the largest countries in the world. Each country has a population of more than one billion people. This one fact alone could keep a bid in gold for quite a while. It should also be noted that the recent weakness in the European Union and the downgrade of France could have people running for a tangible currency.
Qasp-pretty good this morning :)
let's see how many sales at 3:
think maybe just little dumping
Sirg-no panic sales.
i think it reflects the trend period
on all the penny stock and shares ...
:)
QASP-don't you think it is time
to move the ask up ?
HKUP-UP slowly is better
from a long point of view :)
OR
Or they are waiting for something
In this case, I will thank you
once it has reached USD 8.-/share
And I am serious.
My position is a long :)
Hi DDD101- I think it's a little
exageration a target at 8$
:) beeing positive :)
Hi- they are too concentrated
trying to get at 0.0001
:)
HKUP-private reply to jesusme77
hi-not killing you :)
It's your investment down for xy time.
I'm light invested & think will add sooner or later
&
wish it will be back at 0.1 USD
&
always been a lot of shorts at HKUP:
but I think it could run really very hard.
& also remember this is a down period for
quite all the shares
(& in case of, during the next run think about
the option to sell some at the maximum
price and come back later at a lower price)
Good day to you :)
Hkup: sooner or later will go
back to 0.1 and will pass it :)
Think so+only an opinion :)
you're right :)
probably-but not for sure
:) - will see the next PR
UBRG- Hi Garyst, could it be that the
filing is on his way?
I'm would like to see it.
Gyst- that's great and we know it
but seems that this is the bshrs's time
Patience is needed
Sirg : you're great :)
QASP-pretty good right now :)
quasp's shrhldrs's mystery :)
Gyst-I supposed so, too
& we will have to wait for real news :)
GYST- breakout board nr.19
Lots of time on bb :)
sooner or later will go UP :)
Anyway... Understand + Thanks :)
hi, could you please post it?
thank you
Gyst-what will they do with the money
coming in with the sale and/or royalties
of two of their Peru's claims ?
a buyback of the shares ?
This could be Great ::)
Gyst-news of today,
as I said: sound great :)
(to me, of course)
holding
GYST- Hi Nyc Trader-
thanks for the chart.
Great accumulation - let's wait
and see :)
GYST-in any case, I think that
todays' news is a very good one.
They have space to act
:)
Gyst-really interesting
thanks Cabroncita
GYST :
a reason for me to hold the shares:
"The Company also estimates that its unaudited gross revenue for August 2014 was $73,075.00 This includes gold produced from bulk sampling at all of its operating gold camps and its successful Copper Campaign #2. This compares to its Q2 2014 total unaudited revenue of $123,611.00. The Company anticipates it will have record revenue in Q3."
And you buy, isn't it ?
MA 200 = 0.0011
Hi PPP-you usually have a very good
flair on stocks : I'm following yours
posts on sfor.
Pinky land is quite special :)
Gyst- I would like to see the next
real PR duly released and sticked on board
:)
Hi- someone else has the same opinion
as yours: could be right :)
Gyst-remain nr.2 on breakout board
Gyst-hi think that as they are generating profits
this could have in impact.
Confidence on their work yes, for me is sure.
For R/S will have to wait 20.10
Gyst -think we could see something
better than this during the next weeks.
It's great that they always give informations
to the shareholders.
Concerning the RS - hope they find
another better solution / idea.
A RS could damage the confidence
and after the good results they have
obtained this could be a shame
:) go :)
Both shareholders own a lot of shares
but also, a lot of sales these days ...
and a lot of marked sales
Great 911 at 2 :)