Yamana Gold had a Stellar 2011 / 2012 year.  Since Q4 of 2012 the stock began to fall aggressively as gold retreated.  As one of the few solid gold miners around the $10-15 range, this stock looks extremely attractive as a long term buy and hold. Last weeks candle came with strong volume, but ended close [...]

Silver prices have continued lower today. The price is at an extreme and a critical junction. Below is a weekly chart that has equidistant levels overlaid on it.   The main point of this chart is to demonstrate that a 200 week moving average isn’t something that has been touched since mid-2009.  Silver clearly went parabolic in [...]

      Silver on a Weekly Chart - Fibonacci Analysis   Fibonacci Sequence These values and the ratio / percentages between specific numbers appear to come up in systems such as markets. Fibonacci relationships – Source: Wikipedia: Elliott Wave Principle R. N. Elliott’s analysis of the mathematical properties of waves and patterns eventually led him to conclude that [...]

  As silver jumps, and the Eur/Usd collapses, an act that does not have a modern precedence, plays out in Cyprus.  It appears that depositors will be paying for a bank bailout via one time levy against all depositors in the country.  The original proposal was for a 6.75% levy on depositors that have <€100K, and 9.9% levy on depositors with [...]

Repost: 1/21/11 New reality slowly setting in It is no surprise that China’s political and economic power has increased dramatically over the last decade. But what is surprising is the lack of recognition from governments and citizens of the western world that China wields substantial power during current negotiations. This new reality can be seen from [...]

Goodbye Penny, Hello Riskless Profits The purpose of this article is to illustrate an arbitrage opportunity that has been created by the new Rounding Guidelines suggested in the wake of the Canadian penny’s discontinuation.  The implications of this arbitrage opportunity are explored at an individual and business level.  Since business must act in the interest [...]

Silver 10 year chart Silver 6 month chart Alexco Resources updates mining estimated jumps more than 8%. This chart looks very promising. Candle over the 200 day ma. Alexco Resources axu / axr weekly chart The stock is a bit exuberant but expect only a short term correction (1 to 2 week sideways action). 2 [...]