A number of our readers are fans of the junior section of the precious metals mining sector with the Market Vectors Junior Gold Miners ETF (GDXJ) forming part of their investment strategy. The mantra of juniors, juniors, is also alive and well in cyberspace, so we thought that it might be prudent to touch base with this ETF.

The dash from $1425/oz to $1563/oz came to a halt today on news that is perceived to be good for the USD. The technical indicators are firmly in the overbought zone so a breather was on the cards. Note that the RSI had peaked well above the ‘70′ level and has now come back slightly, to sit at 73.50, still oversold, so this correction may continue for a few more days.

Finally, a new all time high for gold prices.

Libya is one of the worlds major oil exporters so the concern about the outcome of the current civil unrest is most certainly warranted.

We kick off with a quick look at the chart for gold and as we can see both the 50dma and the 200dma are moving up nicely in support of gold prices.

Exclusive interview with Keith Neumeyer, President and CEO of First Majestic Silver Corp., followed by  an overview of the company and our […]

A strange start to the year and a strange end to a volatile week, so we take a whiz across the air waves in order to get a ‘feel’ of whats going on, so this will be a mixed bag of data.

The run up in gold prices attracted investors to the gold and silver mining sector and for those investors looking for significant exposure, producers who do not forward sell their production provide the vehicle to take advantage of the improvement in gold prices.

Gold prices almost returned to take tea with the 50dma after 2 down days, but today she just wasn’t in the mood […]

One of the neat things about living in New Zealand, a country with a small population, is that you can actually get […]

Team, We know it has been a rough couple of days, however, silver prices showed its true strength today as it bounced […]

We kick off with a quick look at the ‘weekly’ chart of iShares Silver Trust (SLV) which shows the sudden jump in […]