Gold Up - Silver Down - General Market Down Big Time - LT Bonds Down - Dollar Up a bit

Both silver and gold were up again earlier, but now gold is up and silver is down a bit. The general market is down big time and is a drag on the miners. 

It is times like these in uncertain markets that try one's patience. We must learn to hang tough at these times and possibly seek buying opportunities. I will attempt to keep you posted on any trades I make. Remember that what seems correct for me may not be for you. BUYER & SELLER BEWARE!

Make your plans carefully, commit them to the Lord, and wait for Him to provide the results. Praise King Jesus daily.

Mine Web:
Gold, silver rise in early trade

Spot gold hit a new record high and silver touched new 31-year peaks in early trade on Monday as the safe-haven appeal of the metals lingered.  HERE.

Mine Web:
IAMGOLD sells minority stakes in Ghana mines to Gold Fields, faces uncertainty in Burkina Faso
In growing its kitty of cash to $1 billion by selling Tarkwa and Damang, IAMGOLD says it wants to move on to mining projects it controls wholly. This is one of my core holdings. HERE.

Mine Web:
How much is the gold price really rising
The rise in the gold price in terms of other currencies than the dollar has not been as significant although the latest moves suggest that gold is making real gains - or rather that currencies are falling vis a vis gold. HERE.

Mine Web:
Silver like "gold on steroids"- Brian Ostroff
Brian Ostroff of Windermere Capital delves into the gold-silver value proposition and is more bullish on gold stocks than on the metal itself and loves silver. Gold Report interview. HERE.

Miners from Scottrade:

Currencies from KitCo:

 Some Prices: FVITF 6.06; OLVRF 1.7549; BYDDF 3.61; TBT 37.07 (Bonds down a bit): DOW off 219 to 12123.14; SPX off 21.95 to 1297.73; Gold up 3.10 to 1489.50; Silver off 0.35 to 42.70. The miners are not leading the precious metals and are suffering some along with the down general market. Silver must have been hit again, and is going contrary to gold when last week both were rising in unison.

Best to each, Doug