Mining
The Gold Price Report
The Gold Price Report Shayne Heffernan takes a look at gold trading this week. The Gold Price is currently 11.0% below its 200-period moving average and is in an downward trend. Volatility is high as compared to the average volatility over the last 10 periods. Our volume indicators reflect very strong flows of volume into [...]
Asia’s Best Hedge Funds
Separately Managed Account (SMA) is a management service designated individually managed by our senior trader and customized to fit your investment objectives. HCM’s customer funds provide superior risk-adjusted returns through proprietary and fundamental analysis to maximize portfolio returns Employ the HCM Process to ascertain the shareholder strength of every security in our selected market. Evaluate [...]
Shayne Heffernan on the Gold Price and China
Shayne Heffernan as an Economist, trader and venture capitalist writes about a possible gold backing of the Chinese Renminbi. If one compares the dollar amount of base money with the gold reserves, it shows that the dollar is only covered to 16 percent now, in 1980 that number was 168% – because the price of [...]
Gold Price: The Week Ahead
Gold Prices and Gold futures rose from a four-week low, Gold futures for February rose 0.2 % to $1,705.50 . Earlier, gold l touched $1,684.10, the lowest for a most-active contract since Nov. 6. Gold declined 0.4 % this week. Silver March rose 0.1 % to $33.131. Among other precious metals Silver fell 0.4 % [...]
Thailand News: PTTEP & Cove Energy Trading Outlook for Thailand’s Largest Stock Offering
If you are buying PTTEP to secure the right to buy the 142 baht stock as a long term investment you are making the right move, if you are trying to trade it up on the demand from people trying to secure rights, then be fast and exit soon. Thailand’s largest ever stock offering is [...]
Gold Price Ready to Rally ABX, NEW, GOLD will Follow
Barrick Gold (NYSE:ABX), Newmont Mining (NYSE:NEM), Randgold Resources (NASDAQ:GOLD) should rally today as the Gold price begins a move higher. Shares of ABX dropped by 1.7% to $34.94, NEM by 1.4% to $47.04, and GOLD by 2.9% to $104.28 on Monday and all look oversold. The gold price was range bound between gains and losses [...]
Central Banks are still buying Gold
Central Banks are still buying Gold Look at the most recent findings from the World Gold Council we see that ETFs and India kept Gold demand higher in Q-3 of Y 2012. In a detailed review of the report it shows that central banks continued to be buyers of Gold during the Quarter, with 97.6 [...]
Mining Hot List: JAG, PFNO, AEMC, SRGE
Jaguar Mining Inc (USA) (NYSE:JAG), ParaFin Corporation (PINK:PFNO), ARCHER ENTMT MDA CMNS (PINK:AEMC), Southridge Enterprises Inc. (PINK:SRGE) Jaguar Mining Inc (USA) (NYSE:JAG) In the last quarter Jag sold 23,307 ounces of gold at an average realized price of $1,648 per ounce in the quarter, $38m not bad at all. The problem here, the realization of [...]
Gold Prices, Trading and Technicals
China’s economy continues to make strides in its economic road to recovery based on October data. Philip Klapwijk, global head of metals at consultancy Thomson Reuters GFMS, said last week that the country’s gold demand is expected to grow by 1% in 2012 to a record 860 tons. The fiscal cliff countdown came to the [...]
Iron ore prices threaten Chinese miners
Iron ore prices threaten Chinese miners RIO, BHP, VALE “To be or not to be” -that is the hard question for Chinese iron ore producers teetering on thin profit margins that have been squeezed by lower-priced imported ores and sluggish steel demand. Chinese ore miners, who are believed to produce at a cost of US$80-120 [...]
BlackRock’s NYSE:BLK Hambro Bullish on Mines
BlackRock’s NYSE:BLK Hambro Bullish on Mines RIO, BHP The mining sector is far from yesterday’s news in investor circles, even if some people are yet to shake that feeling of skepticism after recent headlines about cost overruns, delays and output shortfalls According to fund manager Evy Hambro Chief investment officer of BlackRock’s natural resources equity [...]
ECR Minerals PLC (LON:ECR) a Bargain
Economist Shayne Heffernan said in a note to traders today that “ECR Minerals PLC (LON:ECR) is a Bargain” THEMAC is the first major asset to take a look at here, ECR a 19% shareholding in THEMAC (22% fully diluted), I would value that investment currently at around $70m. If ECR can consolidate the assets in [...]
Resource America Inc (NASDAQ:REXI) Upgraded
Economist Shayne Heffernan has a dim view of the current Wall St rally but there are some exceptions, today he has upgraded the outlook for Resource America Inc (NASDAQ:REXI) with a price target in 2013 of $10. Resource America, Inc. announced that its Board of Directors has authorized the Company to repurchase up to 5% [...]
Shayne Heffernan Coal Report (NYSE: KOL)
Asia-Pacific mining deals so far this year total $47.6-billion (U.S.), down 23 per cent from a year earlier. However, activity has picked up in recent weeks, led by a $960-million bid by Thai state-controlled energy company PTT to privatize coal miner Sakari Resources. Coal, which meets more than half of Asia’s fuel needs, is attracting [...]
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USD/ZAR South African Rand Outlook
Shayne Heffernan takes a look at the USD/ZAR
USD/ZAR closed above the upper band by 10.6%. Although prices have broken the upper band and an upside breakout is possible, the most likely scenario is for the current …
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UAE Economy Seeing a Spring Boom
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Driven by stable high Crude Oil prices, tourism, diversification and a liberal trade policy, the United Arab Emirates (UAE) witnesses an unprecedented …
Moore, OK is in ruins Monday, Dozens Killed
A monstrous tornado at least a half-mile wide roared through the Oklahoma City suburbs Monday, flattening entire neighborhoods and …
The Hot List
Enviro-Serv Inc (OTCMKTS:EVSV), Medical Marijuana Inc (OTCMKTS:MJNA)
Enviro-Serv Inc (OTCMKTS:EVSV)
EVSV had a stellar dy yesterday, ut it looks like it is just the begining of big things, good …
shoutbox
Guest: bztg, come on shane, lite this puppy up. been waiting too long lets go!!!
Tue, 04/30/13 | 0 Comment
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Guest: gsat get it now. if u snooze u lose
Fri, 04/19/13 | 0 Comment
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