Showing posts with label HUI. Show all posts
Showing posts with label HUI. Show all posts

Tuesday, 9 December 2014

Gold Breaks Above $1,225, Starts Massive Short Squeeze.


  
  Now let's see how serious this bull reversal really is. Gold broke out above $1,225 very convincingly today on lower US Dollar and sell off in the markets. The follow up will be very important now. The dollar trade was very crowded and Long YEN - Short Gold trade can be unwinding very fast now. Fundamentals in supply and demand will be driving this next potential bull leg up.

What Is China’s Ulterior Motive For Gold? – Frank Holmes.


What's In Store For Gold In 2015?


  Very interesting conversation about Gold, market fundamentals, supply and demand  from Scotiabank conference, including Rob McEwen.


TNR Gold: Rob McEwen Webcast on Gold, McEwen Mining and Los Azules Copper.

  

  Last week Rob McEwen has organised the conference call to discuss Gold, McEwen Mining and Los Azules copper. Please visit McEwen Mining website to find out the webcast and latest presentation from McEwen Mining at Goldman Sachs Annual Global Metals & Mining / Steel conference. You have to register to listen to the conference call. TNR Gold shareholders can find very interesting information on the valuation of Los Azules and investment climate in Argentina provided by McEwen Mining.
  Please read our full legal disclaimer and do not rely on any of this information in your investment decisions. You can find all latest TNR Gold information in our regulatory filings and on TNR Gold website.




Friday, 7 November 2014

Jay Taylor: A Triple Bottom For The Gold Miners?



  
  This is what I was talking about, please pay attention to the long term chart of Gold miners - HUI index this time.
  Disclosure - TNR Gold is holding shares of McEwen Mining now after the recent deal on Los Azules Copper, when our company has received NSR Royalty on the whole giant deposit. This picture above demonstrates the recent capitulation and very strong rebound today. What will happen next, nobody knows, but Los Azules, which is primed for M&A now will be a very good asset to have in the turning Gold market.

Gold Short Squeeze - Koos Jansen: When China Will Utilize Its Gold The Price Will Rise.


 "We have a nice rally in Gold today after Gold miners have paved the way by reversing last couple of days. Nobody believes this rally, so we have the very good set up for the real bottom now. Needless to say that gold miners are in a total capitulation and have reached the record oversold levels even below 2008 panic!
  Nobody knows the future, but Koos Jansen will be the very good guide into the China's appetite for Gold and Charles Nenner has made quite a bold call on Gold to bottom now. Any pause in US Dollar growing up into the sky will be welcomed by gold and reignited by the short covering now.
  Swiss Gold Referendum remains the wild card with potential 1,500 t of Gold to be bought by SNB in case of Yes Vote. Read more."

Charles Nenner: Gold Cycle To Bottom, Sees $2,100 Upside Target.


  Charles Nenner has quite a few very impressive calls on different markets. His today calls sound totally contrarian for the mainstream investors. US Dollar is rising to the sky, markets are hitting all-time-highs. Lets put him on the record here today. In this interview he confirms his call for Gold cycle to bottom now and his upside target of $2,100. Chinese seems to be following his ideas ...

  The day will come when even God forgotten juniors will get the bid based on the real assets they hold.


Presentation: TNR Gold Receives Royalty From McEwen Mining On "One Of The Largest Undeveloped Copper Projects".







Kitco:

A Triple Bottom For The HUI?


We now have a 10-year triple bottom for gold shares as measured by the HUI Index. Have we now seen a capitulation in the gold shares? Or are we destined to go still lower?
Actually, in terms of the TSX-S&P Gold Share Index shown below on your left, that question was answered on Friday, October 31, when, on extremely heavy volume, the index fell precipitously from what had been a 110-year low of 160 to a low of 131.04. For a second day in a row it gapped down dramatically at the open. But at least today it didn’t finish on the low. It bounced back from 131.04 to close at 134.62 More on Kitco."