Hot Penny Stocks

Luiri Gold Limited is pleased to announce that the Attorney General of Zambia has informed the Ministry of Mines and Development that it has no objections to them entering into discussions with Luiri in order to find an amicable settlement on the issu…

The stock rose like crazy yesterday and reached a peak of 0.28 before going steady again at 0.21 close price. – penny stocks

Cortona resources is going at a discount , thanks to a  capital raising. For those already  Holding shares it could be a good thing and a bad thing as the share price has gone down because of the capital raising ,but then existing  shareholders will also get a chance, with a fully underwritten renounceable 1-for-2 [...]

That’s compared to paper or electronic money which isn’t rare, it is ‘perishable’ in that it can be erased by the click of a button, but it’s just as easy to produce more of it, also by the click of a button.
The one thing paper money has in common with gold is that it’s relatively [...]

Marketmen said gold soared in tune with global rates, where prices touched a new peak of USD1,070.80 an ounce on weakening of dollar against its major rivals. Besides, buying activity gathered momentum as stockists indulged in creating fresh positions to meet demand from jewellery fabricators ahead of Diwali, they said. In London, gold set a [...]

Gold is Money
‘Gold is money and nothing else’ – JP Morgan, testifying to the Pujo Committee, 1913.
Gold’s recent breach of the symbolic US$1,000 level has elicited a predictable amount of commentary from mainstream analysts. The problem is, much of it is ill-informed. Due to the general amnesia of most market analysts, of all asset [...]

The gold buffs have not had a riveting time of late – well at least compared to equities. And gold stocks have not had such a great time either.
You can see from the chart below that the precious metal is going no-where:

click to enlarge
Having topped US$1008 on July 20 this year it has been locked [...]

MORNING MARKET REPORT
(Gold is the August contract on the NY Mercantile Exchange. Silver, copper and oil are the September contracts.)
NEW YORK – A strong earnings-driven rally ran out of steam on Wednesday for Wall Street’s blue chips, but the technology-heavy Nasdaq extended its winning streak to 11 days.
The Dow Jones Industrial Average fell 34.68 points, [...]