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By Brian Sylvester |
October 31, 2012
A flood of companies scrambled to capitalize on the rare earths space, overpopulating the sector with too many losing bets, according to the mining strategist with Hallgarten & Co. in London.
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By Jordan Roy-Byrne, CMT |
August 6, 2012
The market bottomed that week and the shares are now on the cusp of a potential double bottom. Some bottoms occur instantly while some take a few months to develop. We believe that gold and the gold stocks are primed to head higher in the coming weeks.
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By J.W. Jones |
March 27, 2012
If my expectations are somewhat accurate, the short term weakness in the Dollar will assist stocks and risk assets in a move above recent highs. In the case of the S&P 500, a move to key resistance at 1420–1450 could occur.
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By Jon Nadler |
March 19, 2012
Gold prices retreated towards the $1,650-$1,655 area this morning as crude oil experienced a small setback and as the dollar climbed slightly on the trade-weighted index (last quoted at 79.82).
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By Jordan Roy-Byrne, CMT |
May 12, 2011
Though gold and silver were able to make new highs in recent months, the gold stocks never did. The shares failed to break out and have fallen back into their consolidations at a time when the sector tends to consolidate and correct.
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By J.W. Jones |
December 20, 2010
With sentiment running this high, retail investors crowding into precious metals, and the dollar receiving no love - this is a perfect contrarian storm. This is the reason that gold could correct deeper and longer than what many investors expect.
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By J.W. Jones |
December 2, 2010
We are seeing head and shoulders patterns developing in several trading vehicles. While these can mean substantial downside is ahead, there is always the potential that they could fail. Failed patterns result in fast, potentially devastating moves.