Gold stocks buying day TAGS: Gold | Stocks Gold Bug, and Martin Place Securities managing director,  Barry Dawes is buying gold stocks today. A 42% decline in 13 months since the April 2011 high is just enough! Note …Continue reading →

ASX Gold Index at lower trend channel TAGS: ASX | ASX Gold Index | GFC | Gold | Gold Bug | HUI | Index | US$ gold price The US$ gold price made a peak of $1923/oz in September 2011 and since then has consolidated sideways with about 20% volatility.   It may be bottoming ahead of the …Continue reading →

Morning Market Brief: April 5th TAGS: Bonds | coal tax | ECB | Gold | India | Indonesia | Oil futures | Spain Overnight Headlines: Spain had a relatively unsuccessful three- and four-year bond auction with three-year yields rising to 2.89%, up from 2.44% in a Mar’12 auction. €2.59b was sold versus a …Continue reading →

Morning Market Brief: April 4th TAGS: (BCC | British Chambers of Commerce | FMS | FOMC | Gold | India | Indonesia | Italian bonds | Mali | MMK | Russia | Spain | Spanish bonds | unemployment Overnight Headlines: Spain’s unemployed grew by 0.82% in Mar’12 to 4.75m, the eighth straight month of increases. The Spanish Finance Minister told the WSJ that there was “no room for …Continue reading →

Morning Market Brief: January 13th TAGS: APAC | Bonds | CGNPC | China | ECB | economic outlook | Gold | Hong Kong | Italy | Kalahari Minerals | Mario Draghi | Spain | U.S. Treasury Overnight Headlines: The ECB kept rates unchanged at 1%. ECB President Mario Draghi said the euro-zone economic outlook remains subject to substantial downside risks, but pointed out that money provided …Continue reading →

Gold – Breaking 200-Day Moving Average TAGS: Gold Gold continued to suffer overnight. The sell-off was exacerbated by spot gold falling through the technical 200-Day Moving Average, the first time since Jan’09. Gold is now 18% off its …Continue reading →

Morning Market Brief: Nov 22 TAGS: China | France | Gold | mining tax | silver | Spain Headlines: Gold for December delivery fell 2.7% to US$1678.60 Silver for March delivery fell 4.3% to US$31.085 WTI crude for January delivery fell 1.5% to US$96.17 The opposition Popular Party …Continue reading →

Significant upgrade for KBL TAGS: copper | Gold | JORC | KBL | Kimberley Metals | Resources Mineral Hill project | silver | Southern Ore Zone | Upgrade Kimberley Metals (ASX:KBL) has this morning released a further significant upgrade in resources as a result of confirmation of a maiden JORC-compliant resource of approximately 2.0 million tonnes from the …Continue reading →

Morning Market Brief: Oct 11 TAGS: Belgium | BHP | Chim Sao Project | copper | Dexia | European Banks | France | French President | German Chancellor | Gold | Merkel | Olypic Dam | RIO | Santos | Sarkozy | silver | Tasman Resources | Vietnam Headlines: Gold for December delivery gained 2.1% to US$1670.80 Silver for December delivery gained 3.2% to US$31.99 WTI crude for November delivery gained 2.9% to US$85.41 German Chancellor Merkel and …Continue reading →

Morning Brief: Sep 16 TAGS: Areva | Asciano | Gold | John Mulled | Neon Energy | silver | Uranium | WTI Crude Headlines: Gold for December delivery fell 2.4% to US$1782.70 Silver for December delivery fell 2.4% to US$39.57 WTI crude for October delivery gained 0.6% to US$89.40 The ECB has decided, …Continue reading →