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Junior Gold/Silver Miners Surge (XRA, TGD, AXU, THM, GSS, ASM, FSM, AUMN, KGN, AEM, GG, IAG, GOLD, RGLD, GLD, GDX, GDXJ)

Of the top 25 price gainers today, 15 are gold or silver miners, most are the juniors, and all are up about 9%-12%. Recent weak US employment news and a ...
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Junior Gold Miner Rubicon Gets Permits (RBY, GG, GDXJ)

Rubicon Minerals Corp. (AMEX: RBY) said today that it has received approval from the Ontario, Canada, environmental ministry for its proposed amendments to water, sewage, and air permits at the ...
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Gold & Silver Miners Love Low-Rate Outlook (SLW, PAAS, GG, NEM, KGC, AEM, GDX, GDXJ, SIL)

Silver and gold miners just got some great news today after having lost so much luster in recent months.  The FOMC has now telegraphed that it expects that interest rates ...
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Gold Could Have Been Worse (GLD, GDX, GDXJ, GGN)

Gold took it on the chin today because the Euro Zone bailout is not looking quite as robust nor as inflationary as many market participants have been hoping for.  Living ...
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New Alaska Gold & Copper Mine Clears Major Hurdle (NAK, RIO, AAUKY, ABX, NG, GDX, GDXJ, GLD)

A state superior court judge in Alaska has ruled against an environmental group in a lawsuit aimed at stopping development of the Pebble gold and copper mine project in the ...
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Comex Raises Copper Margin Requirements — Gold & Silver Next? (CME, FCX, SCCO, NEM, ABX, SLW, JJC, GLD, GDX, GDXJ, SIL)

In what appears to be a counterintuitive move, CME Group (NASDAQ: CME) today raised its margin requirements for copper futures contracts. The requirement rose by 15%, from $6,750 to $7,763 ...
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Against the Grain: Early Morning Movers (EK, YHOO, NFLX, FMCN, NEM, NAK, GDX, GDXJ, GLD)

The markets opened in the red this morning but have recovered after the ISM Manufacturing data favored very low growth rather than recession.  There were a number of stocks getting a ...
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The Bursting Gold & Silver Bubble… Both Became The Devil’s Metal (GLD, GDX, GDXJ, SLV, TIF)

On the way up, you heard many $2,000 gold targets.  On the way down, the dooms-day crowd not only gets bold but they come out of the woodwork.  Monday marked ...
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Comex Raises Margin on Gold Again (CME, GLD, IAU, GDX, GDXJ)

Just two weeks after raising margin requirements on its 100-ounce gold contract, CME Group Inc. (NYSE: CME) has bumped the requirement again by 27%. It now costs a non-commercial (speculative) ...
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Rising Gold Demand Is Not Just Speculators (GLD, GDX, GDXJ, TIF)

The World Gold Council has shown that demand from Asia remains high for gold.  High prices be damned!  This was reinforced in the second quarter where total global gold demand ...
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Risk On, Gold and Silver Off — A Little (GLD, IAU, SLV, SIVR, NEM, GG, ABX, GDX, GDXJ, SLV, DBS)

Following an end-of-week rally last week, the DJIA has picked up where it left off and is up about 100 points just before noon today. The NASDAQ and S&P 500 ...
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Why Higher Gold Margins Do Not Matter to Gold Prices (CME, GLD, IAU, GDX, GDXJ)

Less than two months ago, CME Group Inc. (NYSE: CME) lowered margins on its 100-ounce Comex gold contracts in what the company said was part of its "normal review of ...
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Bernanke Discovers That Gold IS A Currency (GLD, SGOL, IAU, GDX, GDXJ, NEM, HMY)

The new gold rush is the same as the ultimate flight to quality... Rather than chasing dollars and getting great income of the United States bond market, gold continues to ...
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NovaGold Might Have Struck it Rich (NG, TCK, GDXJ, GLD)

NovaGold Resources Inc. (AMEX: NG)may have struck it rich.  Last month when we looked at value in gold mining stocks, NovaGold was among the group.  We noted at the time ...
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Gold Sets Another Record High, Silver Punts (NEM, ABX, GG, GLD, IAU, GDX, GDXJ, SLV, DBS, SLW, PAAS, SIL)

As the disagreement on the US debt ceiling turns into a debacle, gold posted a new high near $1,635/ounce this morning before pulling back to trade at around $1,624 late ...
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