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FNV weekly view

Posted by mp9ca on 18th of May 2012 at 12:32 pm

FNV Precious Metals royalty company

Posted by mp9ca on 18th of May 2012 at 12:25 pm

FNV has held up better than most, had good earnings recently. Now trades in NY, and is a royalty company similar to RGLD and SLW, so doesn't have to deal with the complexities of a mining company. Not much of a pattern, but stochastics have recycled, let's see if MACD can curl up and cross..

ZSL

Posted by mp9ca on 15th of May 2012 at 01:19 pm

BTW, the HST tax was

Vancouver Canada real estate prices

Posted by mp9ca on 5th of Mar 2012 at 01:43 am

BTW, the HST tax was voted DOWN in a referendum by BC residents, and will be eliminated next April. My understanding is the old GST of 5% will be reinstated, but this will only apply to new construction. There is a property purchase tax in BC and Ontario on every real estate transaction. As far as mortgages, a 5 year fixed rate is just over 3% for those with good credit, the ARM mortgages are based on the prime rate as set by the Bank of Canada(around 2%), usually within a percent of 2, not the LIBOR rate. The terms are also written differently than alot of US mortgages, such as the ones which reset several percent higher after an initial teaser rate. Canadian mortgages also do not have "points" added to the rate like alot of US mortgages, and I also find the origination fees and other fees (doc stamps etc.) are higher in the US. 

Vancouver's ports has the shortest shipping distance to Asia, and a growing amount of commodities are exported through Vancouver (coal, oil, lumber, wheat etc.). It is also the global centre for mining exploration venture capital, one of the better sectors recently in spite of the volatility. Film and tourism industries also  large employers. The 2010 winter olympics gave us a nice economic boost during the worst of the economic meltdown. It is true the Chinese are bidding up real estate, mainly single family houses in the more desirable areas, but the condo market is softening. Condos near the athletes village were selling for $700-1000/sqq.ft, are no longer selling, and the city had to take back that property from the developer when a NY hedge fund pulled the financing plug. Anyone who bought real estate 5-10 years ago has done well, and one might want to hit the bid now unless you're holding for the long term. It's not be the right time to buy those houses on Mish's article..

THM gold stock

Posted by mp9ca on 2nd of Feb 2012 at 02:00 pm

Coming off the bottom. Possible bull flag, or could be forming a right shoulder of an IHS. Good fundamentals as well with a huge gold deposit in Alaska near highway and power and on land set aside for mining, symbol ITH.TO in Canada, for those who remember rank10, this was one of his favorites..

AUY gold stock

Posted by mp9ca on 1st of Feb 2012 at 01:31 pm

bull flag on the 60 minute chart..

AVL also having a nice move on good volume today

REE update

Posted by mp9ca on 31st of Jan 2012 at 01:15 pm

Next resistance is the $3.90 area

CHGS chart

Posted by mp9ca on 25th of Jan 2012 at 07:23 pm

CHGS rare earth

Posted by mp9ca on 25th of Jan 2012 at 07:22 pm

Looks bullish..

UEX.TO

Posted by mp9ca on 10th of Jan 2012 at 07:37 pm

Uranium junior, nice break out, decent volume. One of Matt's old charts. Takeover target?..

MAT.V

Posted by mp9ca on 6th of Jan 2012 at 01:40 pm

Another rare earth junior, huge volume the other day, bull flag now forming. They have some notable JV partners..

UCU.V

Posted by mp9ca on 6th of Jan 2012 at 11:45 am

Rare earth junior, nice move with the other rare earths, bull flag forming. UCU.V has a nice property in Alaska that has a high percentage of the more valuable heavy rare earths.

Barrick Gold charts

Posted by mp9ca on 21st of Nov 2011 at 05:22 pm

This is a follow up to my earlier post.

Downtrends broken to the upside on both 60 and 15 min charts.

Macd curling up on the 60, let's see if it can cross tomorrow.

Daily chart indicates significant overhead resistance, but is that a hammer candlestick?.. Note the increased buying near the end of day-alot of the large funds must hold ABX, which are supposedly "strong hands"...

Barrick Gold charts

Posted by mp9ca on 21st of Nov 2011 at 01:43 pm

Whoops-itchy trigger finger-here are the chart

Barrick Gold 15 and 60 min

Posted by mp9ca on 21st of Nov 2011 at 01:40 pm

Senior gold producer, pays a nice dividend. Very steep downtrend, usually moves up or at least bounces when it gets this oversold.  Let's see if it can break the trendline.

Italy ETF short idea

Posted by mp9ca on 16th of Nov 2011 at 11:57 am

One to short if trend line and 50 day MA are lost..

PAA.TO Break out

Posted by mp9ca on 7th of Nov 2011 at 01:07 pm

PAAS on NY. SSO.TO (SSRI) also having a nice move

PAA.TO

Posted by mp9ca on 3rd of Nov 2011 at 02:07 pm

Senior silver miner, approaching resistance. Symbol PAAS on NYSE

AUY-here's the chart

Posted by mp9ca on 3rd of Nov 2011 at 02:01 pm

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