Archive for the ‘Precious Metals’ Category

Yamana Gold, Inc. (USA) – (NYSE:AUY) -a gold producer engaged in the acquisition, exploration, development and operation of mineral properties in Brazil, Argentina, Honduras and Nicaragua. 
Yamana Gold Inc. has traded well over the past 52 weeks from a low of $10.88, and a high of $17.47. Today (NYSE:AUY) closed up $1.51 (9.80%) to finish the trading day at $16.92. Since PoulTrend Alert was Announced on 10/19/2011 at $15.01 has climbed over 12%. Currently I have (AUY) Rated a BUY, HOLD and a yearly target price at $20.00

Things to Like!

  • Pays out a solid 0.05/1/18% Dividend/Yield.
  • Own Properties in one of the fastest growing Emerging Markets in Brazil. 

Vista Gold Corp. – (NYSEAMEX-VGZ) -The Company is currently engaged in the evaluation, acquisition, exploration and advancement of gold exploration and potential development projects.
Vista Gold Corp. over the past 52 weeks has traded at a low of $2.40 and a high of $4.59. Today (NYSEAMEX:VGZ) closed up $0.33 (9.51%) to finish the trading day at $3.80. Since PoulTrend Alert was Announced on December 28th,2011 at $3.06 has climbed over 20%. Currently I have (VGZ) Rated a Buy, HOLD and a  target price of $4.75

Things to Like!

  • Has several gold projects in Mexico, Australia,
  • It also owns approximately 25% of the shares of Zamora Gold Corp., which is a company exploring for gold in Ecuador. 

Great Panther Silver Limited.- (NYSEAMEX:GPL) – Also known as (Great Panther) of which is a silver mining and exploration company. Great Panthers main focus is the mining of precious and base metals from its properties in Mexico. Two main primary mining properties are Guanajuato and Topia Mine

Great Panther over the past 52 weeks has traded as low as $1.78, high $5.04. At close today closed up +0.16 (6.45%) to finish the trading day at $2.64. Currently I have (GPL) Rated a Hold with a target price of $3.25.

May Want to Add to Watch List!

Coeur d’Alene Mines Corp (NYSE:CDE) – A Primary silver producer which is engaged, through its subsidiaries, in the operation and ownership, development & exploration of silver and gold mining properties and companies located within the United States, South America, Australia and Africa.

Great Panther Silver Limited (NYSE:AMEX-GPL) – Also known as (Great Panther) is a silver mining exploration company. This companies main activities are on the mining of precious and base metals from their wholly owned properties in Mexico. The Company has two primary mining properties: Topia Mine and Guanajuato Mine. The Company’s wholly owned subsidiaries include Minera Mexicana el Rosario, S.A. de C.V., Metalicos de Durango, S.A. de C.V. and Minera de Villa Seca, S.A. de C.V.

Over the past 52 weeks not only has this stock traded as high as $5.04 a share, since the New Year Great Panther Limited has climbed from $1.95 to just over $2.40 a share.  Not only do I feel this Stock will have gains the coming months ahead, any decent news out on this company could spike investors attentions. Currently I have Great Panther Silver (GPL) Rated a BUY, and as of 1/21/2011 have added (GPL) to the PoulTrend Alert List!

U.S. President Barack Obama at Cairo University

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Gold finally has rebounded 1 percent Today following a 3 percent drop from the previous session. This being as prices are now more affordable, and attractable to bargain hunters out there. However it also showed the risk in investing in the Gold Rush of which is upon us. With the 3 percent drop it was the most volatile day for gold in the last two weeks. This all happened after Spot Gold hit a record high of $1920.03 on Tuesday. Still however gold’s long term bullish trend remains as their is still global struggle. As reported at Reuters.com

“Concerns about economic growth in the United States,and the euro zone will keep supporting gold prices. Even though we may see liquidation repeatedly along the way, gold will continue to rise toward $2000,”the dealer said.”

Things of which added to the gold risk was the fact that Germany‘s industrial output had an unexpected jump in July, of which is offering the world positiveness that Europe‘s largest economy could avoid the major recession of that has been talked about as of late.

Thursday is the big day as all Investors will be watching President Barack Obamas speech on job creation to the Congress, this being after data has showed the economy staying flat for the month of August.

Personally I think it might be a good time to buy (GDX, GDXJ, GG, ABX, NEM) of which are at irresistible prices compared to (GLD)

Disclosure – Currently I do not hold any position in the (GDX,GDXJ,GG,ABX,NEM,GLD) However plan to initiate a position in the next 72 hours.

Yamana Gold

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Watch for this week Gold to surpass its Previous high of $1913.00 this week.
Factors!
Currently Gold at $1909 an ounce. If there is a sell of stocks this morning, watch for many to invest back into Gold, bringing gold over its 52 week high, and to new highs!!!
Watch List!
SPDR Gold Trust (ETF)  -GLD
Market Vectors ETF Trust – GDX
ETFS Gold Trust  -SGOL
iShares Gold Trust (ETF) –IAU
Randgold Resources Ltd. (ADR) -GOLD
Vista Gold Corp. -VGZ
Historical gold price in USD and inflation adj...

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When I called a PoulTrend Alert on 8/1/2011  SPDR Gold Trust (ETF) (GLD) was trading at $158.00. On Friday (GLD) Climbed $5.11 (2.96%) to $177.47 of which is still $7.35 off its 52 week high of $184.82. This 52 week high of which was hit on 8/22/2011. Since Friday gold has surged higher again after the Federal Reserve Bank Chairman Ben Bernanke gave a speech which indicated that the easy monetary policy would continue. With this being said Gold could soar again to old highs around $1900.00 an ounce or even higher. However be aware the one thing that traders must guard against is of course another margin hike by the CME group. Could this happen of course but do not forget back in April when Silver rally was sky rocketing, and there was four separate margin hikes of which ultimately killed the rally.

Currently I am Long Gold, and Silver! and (GLD)UGL)(SLV)(GDX)

Disclosure – Currently I have a position in (UGL) however do not hold a position in (GLD),(SLV), and have no plans to initiate a position in the next 72 hours.

Photo Disclosure- I do not own nor claim to own this chart photo. This chart can be found at the URL listed below Photo.

 

 

http://www.kitco.com/ind/Handwerger/aug252011.html

The current two dimensional HP logo used on co...

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This week added to its 3 week tear on sell offs and marked for the S&P’s largest sell off since March 2009. With global news being the biggest concern many are worried since the worlds largest banks have slashed economic growth forecasts.

Some of the S&P’s stocks of which were hit the hardest this week included

Alcoa Inc. (AA) since August 1st, has dropped from $14.75 to $11.23. Loss of $3.54 or close to a 24%

Hewlett-Packard Co. (HPQ) since August 1st, has dropped from $34.94 to $23.60. Loss of $11.34 close to a 32%

Caterpillar Inc (CAT) since August 1st, has dropped from $100.99 to $79.97. Loss of $21.02 close to 21%

Alcoa Inc. (AA) is talked to of fallen because of economic growth forecasts. With this being said this does not look great for Alcoa Inc. (AA) with the fact that 80% of their revenue is based solely on aluminum and alumina if their is a decline in the demand for these products this could hurt them. Personally I do not think their will be a Huge loss in the demand for (AA) Aluminum. With the fact that Alcoa Inc. (AA) operates in 31 countries if a few countries lower demand some of the other countries of which they have involvement with may increase demand which would balance it back out.

Hewlett-Packard Co. (HPQ) plunged 27% of the 34% just this week. This being the worst loss or drop for (HPQ) since October 1987 and the market crash. What caused all of this, their was talk of confidence, and a shift in strategy looking forward. Personally it may be investors catching on that the Cloud may rid of the Computer. It may also be their may be concerns of (HPQ) continuing to have flat numbers.

Caterpillar Inc. (CAT) also plunged because economic fear that the demand will not be there.  The fact is (CAT) has performed almost all predictions the this past year. There EPS was phenomenal, and Revenue Sky Rocketed. The reason I think there was such a large sell of was because there may be a bit of time before they hit those numbers again. This does not mean that they cannot or they are losing Market share because they are not. If anything I think Caterpillar (CAT) is in a wonderful position right now. I would not put it past (CAT) to still beat Analysis predictions even if the economy slows down for a bit. If anything this will give them opportunity to find more ways to stay in the forefront of this sector.

The sell off may continue for sometime however do not be discouraged overtime the stock market will reemerge not to mention. August 15th Warren Buffet made these comments

“I like buying on sale,” said Buffett, Berkshire’s chief executive officer. “Last Monday, we spent more money in the stock market buying than any day this year.”

Disclosure – Currently I do not hold a position in any of the above stocks, nor do I plan to hold a position within the next 3 trading days.

(GLD)- A Gold trust investment trust of which holds gold and issues shares in Baskets of 100,000 shares. This is in exchange for deposits of gold. The objective of the trust is for the Shares to reflect the performance of the price of the gold bullion. They provide investors with a way to invest into gold. The trusts shares represent units of fractional undivided beneficial interest in and ownership of the Trust.  World Gold Trust Services, LLC is the sponsor of the trust. The Gold is held by HSBC Bank USA.

With Gold continuing to hit record highs GLD obviously will continue to grow. After hours gold hit a record $1780 an ounce. Right now gold is around $1738 an ounce up around $29.00 for the trading day. With the fact that many analysis continue to say that Gold is safe haven (GLD) is still interesting to investors out there.

(GLD)- Over the past year  has increased over $30.00 +22% to $169.00. (GLD) does have off days but as of late has really shined. I believe until there is a big jump in the United States Dollar, and a real formula on handling all the debt situations in the United States, GLD is going to continue to look solid in an investors eyes. As of right now (GLD) is trading up +1.30 % or $+2.20. Another thing to look at is Volume, which already today is at 26.16M with AVG Volume around 18.30M. This showing that there is a ton of buying, and selling going on. Personally I feel the ones who are selling are simply just wanting to cash out take some of the gains, and re position themselves to get in before it tops $170.00. In the next coming week, It is possible for (GLD) to eclipse $180.00. Come November, and December $200.00 is possible. The 52 week high for (GLD) is $170.33 and once it gets topped their could be a big upside potential in the forecast.

Currently I have called a POULtrend Alert on (GLD) when it was trading at $158.00 back on 8/1/2011. Since the alert (GLD) has climbed $11.00 or %6.50 percent.

Disclosure –  Currently I do not hold any Position in (GLD) nor do I plan to in the next 3 Trading Days.

Gold

Photo was found on http://wfoster2011.wordpress.com/2011/08/04/gold-rockets-to-new-record-high-of-1663-50-an-ounce/