Submitted by Gold Stock Prophet Blog
Gold dropped about $26.00 dollars an ounce this week, and gold stock fared even worse, with the XAU losing 6.6% for the week. In the previous post I wrote on Tuesday, I said that an explosive move was likely due. Hopefully, from what I have been writing recently, you were […]

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Submitted by Gold Stock Prophet Blog
The following chart shows a gold index called the Dow Jones United States Precious Metals index, (DJUSPM). The index has a different gold stocks composition than the HUI or XAU Indices, and, as such, can sometimes give you a different perspective.

The main point in the above chart is that this […]

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Submitted by Gold Stock Prophet Blog
Gold dropped about $12.00 this week, while gold stocks and silver fared slightly better. In this post, I am going to reexamine the charts that I posted two weeks ago, since I believe that post explains most of what happened this week.
The first chart we have is a daily candle […]

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Submitted by Gold Stock Prophet Blog
Gold and gold stocks were more or less unchanged for this past week. In the last two posts, I said that I was getting mixed messages from the charts I analyze, which seems to make sense now, as the bulls and bears are at about equal force.
I doubt, however, that […]

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Submitted by Gold Stock Prophet Blog
In this post, I thought I would discuss some neat new investment products that I have recently come across. The first one is a product you may have heard of. It is called the Uranium Participation Corp, and, according to their corporate website, the fund’s objective is to:
invest substantially all […]

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Submitted by Gold Stock Prophet Blog
Gold started the week with very little strength, but firmed up towards the end, closing down only about 2.5% for the week. I mentioned in the last post that I was getting mixed signals, and I was not confident of which direction gold would pursue.
Since it is not always possible […]

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