By Jason Hamlin, on November 29th, 2006
We wrote about Newcrest Mining a few months ago, highlighting the company as a prime takeover target. Newcrest is Australia’s leading gold mining company, boasting a relatively low trading price and a politically stable home. Newcrest, which has a market value of more than $A7.2 billion, has long been viewed as an attractive takeover [...]
By Jason Hamlin, on November 14th, 2006
MarketWatch just published an article entitled Dollar on Path for a Crisis. We couldn’t agree more. The timing of this crisis should coincide nicely with wave III of the current bull market and may very well be the fuel to ignite gold’s next big run.
The dollar is moving toward a crossroads. The [...]
By Jason Hamlin, on November 6th, 2006
The HUI technicals are looking beautiful on all fronts and giving a screaming buy signal. We were burned the last time the technical signal was so clearly bullish, as it was followed by quick 20% drop that led to the recent correction. Whether you believe it was blantant manipulation or not, we find [...]