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By Jordan Roy-Byrne, CMT

The various large-cap gold stock indices are readying for a major breakout. As we’ve noted, this isn’t just a breakout through 2008 highs but a breakout through highs dating back to 1980. Yes, there are some gold stock indices like the Barron’s Gold Mining Index and others, which show a 30-year base dating back to 1980. This will be a historic breakout for the gold stocks. Read more…

I don’t know what it is going to take in order to slow down the PTQ rumor mill, but this madness needs to stop. Today I received an email from a reader asking me to confirm if Petaquilla has suspended production per a brief article posted on the Panama-Guide.com website. I am responding on GoldStockMania.com for the benefit of all PTQ investors who also may be concerned about this issue. Let me say this very clearly, “Gold Production has not been suspended at PTQ’s mine!” I also confirmed this with Petaquilla’s Investor Relations, per the message I received this morning. Read more…

Last week I received an email about Petaquilla Minerals (PTQ, PTQMF) from a GoldStockMania.com reader concerned about their recent share price reaction to the gold refinancing news release.  I am sure he is not the only one wondering why the stock price did not react favorably to the news release. Here are my thoughts on what it will take to get Petaquilla Minerals’s share price off the ground and into orbit where it belongs.

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At last, Petaquilla Minerals ( PTQ, PTQMF) has put out a news release on the ongoing efforts to refinance their $70 million debt. Many were concerned about the amount of time it was taking to get their refinancing completed. In fact, this uncertainty lead many to speculate that things were not going so well a Petaquilla.  As of yesterday, Petaquilla put the concerns of many to rest with their news release shown below. Read more…

No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility. Click image for clip and additional info. Read more…

By Toby Connor, GoldScents

I want to discuss something that came up on the blog Friday.  An anonymous poster hinted that we were going to see more gold weakness in the days ahead because big money had to sell their positions.  Folks, big smart money traders don’t sell into weakness.  These kinds of investors don’t think like the typical retail investor who is forever trying to avoid draw downs.  Big money investors take positions based on fundamentals and then they continually buy dips until the fundamentals reverse.  The fundamentals haven’t reversed for gold so I’m confident in saying that smart money isn’t selling its gold, it is using this dip to accumulate. Read more…

Here is another quick update for those of you (like me) who have invested in Petaquilla Minerals. I received an email from PTQ’s investor relations today with a new nugget of information of which I will discuss briefly below. I also would like take a moment or two and review PTQ’s pricing action since my last update. Read more…

I found this interesting article this morning over at zerohedge.com reporting that certain parts of the state of Michigan might be starting an alarming trend for the for the Feds and the dollars they print…that is…people using gold and silver as money!

I hope this catches on like a wildfire all over the US as this would definitely send a strong message to those people who claim to work in Washington for the best interest of US and its citizens… Would you considering using gold, silver, and copper coins in place of dollars? Read more…

By John Townsend, The TSI Trader

At the time of my most recent article we had just begun the stock market rally out of the July 2^nd bottom and I suggested the rally would be able to continue higher, which it did, until the SP-500 1100 level stopped it on 3 consecutive days.  Since then, we have taken 45 points off the index and today began a successful rally from 1057 that ended the day at 1083. Read more…

By Toby Connor, GoldScents

Just like the stock market, gold runs in cycles (all markets do because the humans that trade these markets go through periods of optimism and periods of pessimism). Read more…

By Toby Connor, GoldScents

In my last article Bear’s Beware I warned that shorts were running the risk of getting caught in an explosive rally as the intermediate cycle was due to bottom. Well, it did bottom and bears have watched their profits quickly evaporate as the market has surged out of the intermediate cycle low. Read more…

By Jordan Roy-Byrne, CMT, The Daily Gold

Once again we see another bearish piece on Gold in the WSJ. Rather than attack the author personally, we want to illustrate how the article is another example of the lack of any quality gold commentary both in general and in mainstream publications. Read more…

By John Townsend, The TSI Trader

The stock market, we know, moves from one emotional extreme to the other. Fear to greed, back to fear then greed, and so on. A good stock trader should always be asking him/herself, are we at an extreme now and if so, which one? Read more…

I am really, really disturbed by this article, which discusses a new tax reporting revision that was sneaked into the recently passed health care reform bill which will force coin and bullion dealers to now file a 1099 tax form for any purchase/sale of bullion worth $600 dollars or more in 2012. Massive taxation was discussed in 6 Months til Largest Tax Hike in US History and cited as one of the primary benefits of expatriation in my article 10 Benefits of (Exiting the US) Expatriation. The more I see this sort of stuff coming from our greedy, needy, desperate, and corrupt federal government, the more I can’t wait to someday become an expat too! This really makes my blood boil! I believe this is a very clever move by the Federal government to do a number of things to harm the physical gold market. Read more…

By Claus Vogt, moneyandmarkets.com

The stock market’s rise since the March 2009 lows was nothing more than a bear market rally. Yes, it was a huge rally, but not out of the realm of similar historical examples. Low trading volume, still high valuations and lingering economic problems — especially within the real estate sector and the banking system — have been strong arguments for my outlook. And the history of burst real estate bubbles could serve as a blueprint for our current dilemma. Read more…

By Jordan Roy-Byrne, CMT, The Daily Gold

Tell this to a baby boomer or a middle aged person and they would be quite skeptical. Their neighborhood financial advisor or planner doesn’t advocate Gold. It is too dangerous. It could drop to $500. Gold stocks? Hell no! After failing to get you out of stocks not once but twice in the last ten years, your advisor tells you its time to play it safe. You need to save more. Read more…

By John Townsend, The TSI Trader

On Tuesday afternoon the markets continued to sell off – still. It seems like it will never end. Big red candles on every chart I look. The VIX, the temperature gauge of fear, is rising again and the news headlines are filled with gut wrenching uncertainties about US Municipals, foreign countries that are characterized as ticking time bombs and opinion that we are headed for another Great Depression. Read more…

Well, it looks like it will not be too long before taxes start going up here in the United States. This is one of the primary reasons cited for expatriation in the article, 10 Benefits of (Exiting the US) Expatriation. I believe that Federal, State, & local governments don’t have much of a choice anymore but to raise taxes consistently from here on out as they become more desperate to replace lost revenues from the effects of a sick economy. I am willing to bet that steady tax increases (even new taxes) are certainly in the cards for US citizens and businesses no matter which party is in power. Anyway, the following article is a good read, I am not too sure though that some of our desperate congress folks looking to get re-elected this fall will not come in and delay some of the taxes to a further date in the future instead of Jan 1, 2011. Read more…

By Toby Connor, GoldScents

I’m going to go through some signs that rabid bears might do well to pay attention to because I think the market is very close to a major bottom.  (That doesn’t mean we are guaranteed to make new highs, although we might.  Just that we can probably expect an explosive rally soon, even if it ultimately turns out to be a counter trend rally in an ongoing bear market). Read more…