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Gold Seeker Closing Report: Gold and Silver Gain With Stocks

By: Chris Mullen, Gold-Seeker.com


-- Posted 18 January, 2011 | | Source: SilverSeek.com

 

Close

Gain/Loss

Gold

$1368.20

+$7.50

Silver

$28.89

+$0.57

XAU

208.37

+1.29%

HUI

523.77

+1.52%

GDM

1549.84

+1.66%

JSE Gold

2556.84

+0.57

USD

79.01

-0.09

Euro

133.81

+0.08

Yen

121.07

+0.58

Oil

$91.38

-$0.16

10-Year

3.364%

+0.031

T-Bond

120.4375

-0.46875

Dow

11837.93

+0.43%

Nasdaq

2765.85

+0.38%

S&P

1295.02

+0.14%

 
 

 

The Metals:

 

Gold jumped up to as high as $1376.15 by about 9AM EST before it fell back off into the close, but it still ended with a gain of 0.55%.  Silver surged to as high as $29.052 by midmorning in New York before it also fell back off, but it still ended with a gain of 2.01%

 

Euro gold rose back over €1023, platinum gained $11.50 to $1821, and copper climbed a couple of cents to about $4.42.

 

Gold and silver equities rose over 1% at the open and remained near that level for the rest of the day.

 

The Economy:

 

Report

For

Reading

Expected

Previous

Empire Manufacturing

Jan

11.92

12.0

9.89

Net Long-Term TIC Flows

Nov

$85.1B

-

$28.9B

NAHB Housing Market Index

Jan

16

16

16

 

Tomorrow at 8:30AM EST brings Housing Starts for December expected at 550,000 and Building Permits expected at 560,000.

 

The Markets:

 

Charts Courtesy of http://finance.yahoo.com/

 

Oil ended only slightly lower as Alaska’s restarted pipeline and OPEC’s boosted production were offset by the International Energy Agency’s demand growth forecast that was revised higher.

 

The U.S. dollar index fell in early trade as the euro rose on strong German economic data, but uncertainty over more debt problems seemed to limit losses.

 

Treasuries fell as the Dow, Nasdaq, and S&P mostly rose on better than expected earnings reports.

 

Among the big names making news in the market today were Delta Air Lines, Comcast-NBC, Goldman Sachs, Boeing, Apple, and Citigroup.

 

GATA Posts:

 

Lawrence Williams: There's no substitute for gold as the world order changes

Alasdair Macleod: The failure of derivatives regulation of precious metals

John Hathaway: Debasement, spending sprees argue for gold

Only gold will hold its own among currencies, Hinde study concludes

Dollar system is 'product of the past,' Chinese president says

Check out the Gold Standard Institute

James Turk: Not only commodities are signaling hyperinflation

 

The Statistics:

Activity from: 1/14/2011

Gold Warehouse Stocks:

11,720,752

+66,979

Silver Warehouse Stocks:

104,362,549

-46,643

 

Global Gold ETF Holdings

[WGC Sponsored ETF’s]

 

Product name

Total Tonnes

Total Ounces

Total Value

New York Stock Exchange Arca (NYSE Arca) AND Singapore Exchange (SGX) AND Tokyo Stock Exchange (TSE) AND Hong Kong Stock Exchange (HKEx)

SPDR® Gold Shares

1259.325

40,488,563

US$55,438m

London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra)

Gold Bullion Securities

121.34

3,901,253

US$5,345m

London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) AND NYSE Euronext Amsterdam

ETFS Physical Gold

134.41

4,321,452

US$5,919m

Australian Stock Exchange (ASX)

Gold Bullion Securities

14.21

474,892

US$624m

Johannesburg Securities Exchange (JSE)

New Gold Debentures

51.10

1,643,023

US$2,265m

NASDAQ Dubai

Dubai Gold Securities

0.154

4,962

US$7m

Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 5.768 tonnes.

 

COMEX Gold Trust (IAU) Total Tonnes in Trust: 117.03: -0.55 change from yesterday’s data.

 

Silver Trust (SLV) Total Tonnes in Trust: 10,725.73 - No change from yesterday’s data.

 

The Miners:

 

Almaden’s (AAU) drill results, SEMAFO’s (SMF.TO) magnetic survey, Allied Nevada’s (ANV) metallurgical test results, Ivanhoe’s (IVN) rights certificates, Keegan’s (KGN) bought deal financing, Fronteer’s (FRG) drill results, IAMGOLD’s (AIG) production, NovaGold’s (NG) mailed offer to Copper Canyon shareholders, Fortuna’s (FVI.V) production schedule, ECU Silver’s (ECU.TO) drill results, Apogee’s (APE.V) drill results, and U.S. Silver’s (USA.V) production were among the big stories in the gold and silver mining industry making headlines today.

 

WINNERS

1.  Northern Dynasty

NAK+11.41% $18.75

2.  Buenaventura

BVN +4.48% $44.11

3.  Cardero

CDY +4.37% $1.91

 

LOSERS

1.  Solitario

XPL-7.57% $3.42

2.  Entree

EGI -7.05% $2.90

3.  Richmont

RIC -5.41% $4.55

Winners & Losers tracks NYSE and AMEX listed gold and silver mining stocks that trade over $1.

       

All of today's gold and silver stock news:

Goldstone Announces Eight-Rig Exploration Program Planned for Hardrock Project in 2011 - More
- January 18, 2011 | Item | ShareThis


Bison Gold Resources Inc. Anomalous Rare Earth Element Concentrations Identified in Soils on the Apex Property, Snow Lake, Manitoba - More
- January 18, 2011 | Item | ShareThis


NovaGold Mails Offer to Copper Canyon Shareholders - "NovaGold Resources Inc. (TSX:NG - News)(AMEX:NG - News) today announced that NovaGold has filed its formal offer to acquire all of the outstanding shares of Copper Canyon Resources Ltd. (TSX-V:CPY - News) ("Copper Canyon") with Canadian securities regulators and a registration statement with the U.S. Securities and Exchange Commission and has commenced the mailing of its offer and related documents to Copper Canyon shareholders." More
- January 18, 2011 | Item | ShareThis


ReMac Announces Completion of Acquisition of Corazon Exploraciones S.A. - More
- January 18, 2011 | Item | ShareThis


Adanac Files Audited Financial Statements and Annual Information Form - More
- January 18, 2011 | Item | ShareThis


Cap-Ex to Acquire Labrador/Quebec Iron Ore Properties, Concurrent Financing of $2,400,000, Appointment of Brett Matich to the Board of Directors - More
- January 18, 2011 | Item | ShareThis


Comstock Mining Advances Strategic Plan with Fall 2010 Drilling Results; Encounters 590' of Mineralization in First Dayton Hole - More
- January 18, 2011 | Item | ShareThis


MAX extends mineralized drill interval to 12.1 m of 0.91 g/t Au at Table Top, Nevada - More
- January 18, 2011 | Item | ShareThis


Almaden Intersects 43.96 m of 3.1 g/t Au, 62.3 g/t Ag in Hole TU-10-10 and 1.77 m of 48.98 g/t Au, 1391.7 g/t Ag in Hole TU-10-11 at Ixtaca, Mexico - "Drilling to date on the Ixtaca zone shows good continuity of mineralisation in both horizontal and vertical dimensions. We are very pleased with the results and eagerly anticipate commencing 2011 with a drill program designed to continue testing the strike extent and vertical continuity of the Ixtaca zone, which appears to be marked by strong IP and gold in soil responses for at least a kilometre northeast of present drilling." More
- January 18, 2011 | Item | ShareThis


Pacific Coast Nickel Corp. Purchases Wellgreen PGM and Lynn Lake Nickel Projects From Prophecy Resource Corp. - More
- January 18, 2011 | Item | ShareThis


Fortuna's San Jose Project on Schedule for Production in Q3 2011 - "Fortuna Silver Mines Inc. (TSX:FVI.to - News) is pleased to provide an update on construction activities at its 100% owned San Jose silver-gold Project in Oaxaca, Mexico. Construction activities to date are on budget and commissioning of the mine is scheduled for the third quarter of 2011." More
- January 18, 2011 | Item | ShareThis


Oremex Receives Encouraging Sampling Results at Chalchihuites Silver Project - More
- January 18, 2011 | Item | ShareThis


Amarc Closes $9.9 Million Financing - More
- January 18, 2011 | Item | ShareThis


Bonaventure Settles Debt by Issuing Shares - More
- January 18, 2011 | Item | ShareThis


Eurasian's Regional Strategic Alliance Lands in Haiti Selected for Designated Project Status - More
- January 18, 2011 | Item | ShareThis


Claim Post Resources Commences Drilling on the Dayton-Racetrack Property - More
- January 18, 2011 | Item | ShareThis


Houston Lake Mining Announces Acquisition of Rare Metals Properties, Increasing the Size of the Company’s Pakeagama Rare Metals Project in North Western Ontario - More
- January 18, 2011 | Item | ShareThis


Mill Bay Ventures Inc.: Valentine Mountain Core Re-Sampling Yields 11.95 g/t Gold Over 0.83 Metres - More
- January 18, 2011 | Item | ShareThis


Cogitore Resources Currently Drilling on Four Projects - More
- January 18, 2011 | Item | ShareThis


Eagle Plains/Providence Capital Resume Diamond Drill Program at Iron Range Project, Southeastern BC - More
- January 18, 2011 | Item | ShareThis


First Gold Reports 0.44% Li2O, 196 ppm Ta2O5, 505 ppm BeO, 3,565 ppm Rb, 87 ppm Cs and 187 ppm Ga over 116 Metres Along Strike - More
- January 18, 2011 | Item | ShareThis


Skeena Reports Exploration Update on Tropico Project, Mexico - More
- January 18, 2011 | Item | ShareThis


Compass Gold Corp. Exploration Update and Grant of New License - More
- January 18, 2011 | Item | ShareThis


Diamonds North Identifies 10 Priority Gold Targets on the HI-2 Prospect - More
- January 18, 2011 | Item | ShareThis


Ur-Energy Acquires Exploration Properties in Nebraska - More
- January 18, 2011 | Item | ShareThis


Virginia Grants 163,750 Stock Options - More
- January 18, 2011 | Item | ShareThis


Glass Earth Gold Announces the Closing of Final Tranches of C$4 Million Private Placement - More
- January 18, 2011 | Item | ShareThis


Medusa Mining Limited: Co-O Drilling Adds to Growth Potential - More
- January 18, 2011 | Item | ShareThis


Petaquilla Highlights Operational and Financial Performance - More
- January 18, 2011 | Item | ShareThis


ICN Resources Appoints New Director - More
- January 18, 2011 | Item | ShareThis


Amarillo Gold Corp.: Coffey Mining to Lead Posse Pre-Feasibility Study - More
- January 18, 2011 | Item | ShareThis


GoldLand Holdings Co. (GHDC) Welcomes Roger Scammell as President and Director - More
- January 18, 2011 | Item | ShareThis


Corvus Gold Announces Discovery of New Gold Targets at the Chisna Project, Alaska - More
- January 18, 2011 | Item | ShareThis


Explor Starts Diamond Drilling Program on the Destor Gold Property - More
- January 18, 2011 | Item | ShareThis


Galahad Metals Inc.: 79.37 g Gold/ton Over 3.6 m Intersection in DDH #RG10-02 at Regcourt - More
- January 18, 2011 | Item | ShareThis


Photo Release -- Mexus Gold U.S. Provides Funding for Acquisition of 7,900 Acres in Northern Mexico - More
- January 18, 2011 | Item | ShareThis


Eagle Star Minerals Corp.: Results Up to 44.66% FE2O3 Across 39 Metres, Angico Iron Project, North Eastern Brazil - More
- January 18, 2011 | Item | ShareThis


Calibre Discovers High Grade Epithermal Gold Vein System at the Santa Maria Prospect, Nicaragua - More
- January 18, 2011 | Item | ShareThis


First Mexican Gold Corp. Acquires Contiguous Land - More
- January 18, 2011 | Item | ShareThis


Silver Falcon Mining, Inc. (SFMI) Welcomes Roger Scammell as President and Director - More
- January 18, 2011 | Item | ShareThis


Ardent Mines Limited (OTCBB: ADNT) to Acquire Brazilian Gold Company with Four Significant Properties - More
- January 18, 2011 | Item | ShareThis


MDN Inc.: Fourth Quarter Results at the Tulawaka Gold Mine - More
- January 18, 2011 | Item | ShareThis


Northern Gold Retains Moelis & Company as Financial Advisor - More
- January 18, 2011 | Item | ShareThis


Redhill Resources Corp.: Deflector Deposit Resource Upgrade and Recommencement of Drilling at Deflector - More
- January 18, 2011 | Item | ShareThis


Majescor, SACG and SOMINE Identify New High Priority Geophysical and Structural Targets Within 10km-Long Copper-Bearing Corridor at the SOMINE Property, Haiti - More
- January 18, 2011 | Item | ShareThis


Eurasian Minerals Completes 2010 Exploration Program at the Akarca JV Project, Turkey - More
- January 18, 2011 | Item | ShareThis


Cartier Signs Option and Joint Venture Agreement for its Riviere Dore Copper Nickel Property - More
- January 18, 2011 | Item | ShareThis


Drilling Underway on Southern's Dragoon Project; New Claims Added at Oro Project - More
- January 18, 2011 | Item | ShareThis


Moly Mines Company Update - More
- January 18, 2011 | Item | ShareThis


Rockland Completes Staking of Priority Gold Area, Schefferville Gold Project, Quebec - More
- January 18, 2011 | Item | ShareThis


Brazilian Gold Intersects 86 Metres Grading 1.37 Grams/Tonne Gold and Adds Second Drill Rig at Sao Jorge - More
- January 18, 2011 | Item | ShareThis


Empire Makes Significant New Discovery-Drilling at Bursa Project Intersects 47.35m of 2.02% Copper, 0.96g/t Gold and 21.64g/t Silver including 8m of 9.1% Copper - More
- January 18, 2011 | Item | ShareThis


Avala Resources Announces Completion of Warrant Acceleration - More
- January 18, 2011 | Item | ShareThis


Caza Gold Identifies Strong Trace Element Anomalies Associated With High Gold Values and High Sulfidation Alteration on the Los Andes Gold Property, Nicaragua - More
- January 18, 2011 | Item | ShareThis


PolyMet Closes First $10 Million Tranche of Glencore Financing - More
- January 18, 2011 | Item | ShareThis


AM Gold and Capella Enter Into Letter of Intent to Combine - More
- January 18, 2011 | Item | ShareThis


Treasury Metals Appoints Greg Ferron as Vice President of Corporate Development - More
- January 18, 2011 | Item | ShareThis


Alexis Elucidates Recent Management Changes - More
- January 18, 2011 | Item | ShareThis


Gold Canyon Announces Remaining Silver Assays From 2010 Drilling at Springpole Gold Project - More
- January 18, 2011 | Item | ShareThis


Southern Arc Strengthens its Board of Advisors and Appoints New Chief Financial Officer - More
- January 18, 2011 | Item | ShareThis


Bear Lake Gold: Drilling Update at the Larder Lake Project - More
- January 18, 2011 | Item | ShareThis


Inter-Citic Reports Drill Results From New Exploration Areas. All 41 New Holes Report Gold Mineralization - More
- January 18, 2011 | Item | ShareThis


First Liberty Power Corp Enters Into LOI for New Lithium Property Prospect - More
- January 18, 2011 | Item | ShareThis


Baja Finalizes Fixed Interest Rate on US EXIM Loans at 3.02% and Provides Boleo Project Update - More
- January 18, 2011 | Item | ShareThis


Alto and Foundation to Conduct 6,000m Drill Program on the Coldstream Joint Venture Project, Ontario - More
- January 18, 2011 | Item | ShareThis


Silver Quest Intersects Gold Mineralization at Boulevard, Yukon - More
- January 18, 2011 | Item | ShareThis


Foundation Acquires 60% Interest in Coldstream Project, Ontario / 6,000 Metre Drill Program Planned - More
- January 18, 2011 | Item | ShareThis


Probe Mines Commences Second Phase Drilling on the Cree Lake Project, Swayze Belt, Ontario - More
- January 18, 2011 | Item | ShareThis


Arco Signs 10 Year Access Agreement at Tres Hermanas Property in Oaxaca, Mexico - More
- January 18, 2011 | Item | ShareThis


Mercer Drill Hole MGDH-03 Intercepts Two Mineralized Zones at the Guayabales Gold Project, Colombia - More
- January 18, 2011 | Item | ShareThis


Reno Creek Environmental Baseline Studies On Schedule - More
- January 18, 2011 | Item | ShareThis


Hathor Exploration Limited: Drilling is Underway at Russell - More
- January 18, 2011 | Item | ShareThis


Eduardo Luna Appointed to Creston's Advisory Board - More
- January 18, 2011 | Item | ShareThis


Ashburton Provides Update for the Deep Creek Gold Project, Nevada - More
- January 18, 2011 | Item | ShareThis


Providence Capital / Eagle Plains Resume Diamond Drill Program at Iron Range Project, Southeastern BC - More
- January 18, 2011 | Item | ShareThis


La Mancha Achieves Record Gold Production in 2010 and Targets up to 135,000 Oz in 2011 - More
- January 18, 2011 | Item | ShareThis


Capstone Reports Additional High Grade Intercepts & Timing to Develop Underground Access for Major Step-out Drill Program on the Mala Noche Footwall Zone - More
- January 18, 2011 | Item | ShareThis


Rockgate Significantly Increases Uranium/Silver Resource Size and Grade; adds Copper resource at Falea Project, Mali, West Africa - More
- January 18, 2011 | Item | ShareThis


Lydian Establishes Development Advisory Board as Amulsar Discovery Enters New Phase - More
- January 18, 2011 | Item | ShareThis


Pitchstone Begins Athabasca Uranium Programs - More
- January 18, 2011 | Item | ShareThis


Lara Exploration Ltd.: Agreement for the Sale of Brazilian Nickel Projects to Horizonte Minerals - More
- January 18, 2011 | Item | ShareThis


Willow Creek's Ticker Symbol Temporarily Changes From "WLOC" to "WLOCD" - More
- January 18, 2011 | Item | ShareThis


Gold Hawk Contracts Lyntek Inc. to Prepare an Engineering Design Study for the Oracle Ridge Copper Mine - More
- January 18, 2011 | Item | ShareThis


Earth Dragon Resources Announces Gold Project Joint Venture Agreement in Ghana - More
- January 18, 2011 | Item | ShareThis


Candente Copper Announces Positive Pre-Feasibility Progress Report for the Canariaco Norte Copper Project - More
- January 18, 2011 | Item | ShareThis


BonTerra Files NI 43-101 Technical Report on Quebec Properties - More
- January 18, 2011 | Item | ShareThis


ECU Silver Extends DD Vein on Level 12 of The Santa Juana Mine - "The DD vein was recently opened on level 12 over a strike length of 114 meters grading 3.82 grams per tonne (g/t) gold (Au), 387 g/t silver (Ag), 1.25% lead and 0.48% zinc over an average width of 0.53 meters, including a 12 meters section that graded 4.12 g/t Au and 439 g/t Ag over 1.51 meters. This vein was opened as part of a program to verify the continuity of veins found in the lower levels of the Santa Juana mine which had not been previously verified except by a few drill holes. In this case, the vein was included in the NI 43-101 compliant resources as inferred resources." More
- January 18, 2011 | Item | ShareThis


SEMAFO's Geophysical Surveys Add New Prospective Targets at Mana - Yahoo! Finance - "SEMAFO (TSX:SMF - News) announced completion of a 985-km2 magnetic survey across most peripheral groups of permits and an extensive induced polarization ("IP") survey over the Nyafe-Fofina area at its flagship Mana Mine in Burkina Faso." More
- January 18, 2011 | Item | ShareThis


Apogee Intersects 21.0 Meters Grading 479.43 g/t Silver at Pulacayo and Commences Additional Metallurgical Study on the Pulacayo Deposit - "Apogee Minerals Ltd. ("Apogee" or the "Company") (TSX-V:APE - News) reports assay results from 6 additional diamond drill holes from the ongoing drill campaign at the Pulacayo deposit located in southwest Bolivia. (See Table 1 below). All of the reported holes were drilled from surface." More
- January 18, 2011 | Item | ShareThis


Allied Nevada: Ongoing Metallurgical Test Results Continue to Confirm Milling Recoveries of 87% for Gold and 82% for Silver - "Allied Nevada Gold Corp. ("Allied Nevada" or the "Company") (TSX:ANV - News)(AMEX:ANV - News) is pleased to announce the metallurgical test results of 38 additional composite samples from its wholly owned Hycroft mine located near Winnemucca, Nevada. The Company has compiled these additional results into its metallurgical model for milling oxide and sulfide mineralization. The model, which is now comprised of 137 composites including these new results, indicates average recoveries of 87% for gold and 82% for silver through a grind-flotation (to create a concentrate)-cyanidation of tailings circuit." More
- January 18, 2011 | Item | ShareThis


Ivanhoe Mines Rights to Cease Trading on New York Stock Exchange and NASDAQ on January 25, 2011, and on Toronto Stock Exchange at Noon on January 26, 2011 - "Under terms of the rights offering, all holders of rights must either a) validly deliver their completed rights certificates to the Subscription Agent, CIBC Mellon Trust Company, before the expiry deadline on January 26, 2011, at 5:00 p.m. Eastern Standard Time (EST); or b) provide a notice to the Subscription Agent guaranteeing delivery of their rights certificates within three business days of the January 26 expiry deadline (which will be January 31, 2011), in both cases accompanied by payment of the total applicable subscription price." More
- January 18, 2011 | Item | ShareThis


Keegan Resources Inc. Announces CAD$185 Million Bought Deal Financing - "Keegan Resources Inc. (TSX:KGN.to - News) (NYSE Amex: KGN) ("Keegan" or the "Company") is pleased to announce that it has entered into an agreement with a syndicate of underwriters (the "Underwriters"), pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, pursuant to a short form prospectus, 24,700,000 common shares (the "Common Shares") of the Company at a price of CAD$7.50 per share for gross proceeds of CAD$185,250,000 (the "Underwritten Offering"). In addition, the Company will grant the Underwriters an over-allotment option, exercisable for a period of up to 30 days after the closing of the Underwritten Offering, to purchase from the Company up to an additional 3,705,000 common shares at CAD$7.50 per share to cover over-allotments (the "Over-Allotment Option", and together with the Underwritten Offering, the "Offering")." More
- January 18, 2011 | Item | ShareThis


Fronteer Gold Inc.: Step-Out Drilling at Long Canyon Expands Deposit by 200 Metres and Lays Foundation for Ongoing District-Scale Growth - "Fronteer Gold Inc. (TSX:FRG - News)(AMEX:FRG - News) announces that its recent round of step-out drilling at Long Canyon has continued to return wide intervals of high-grade oxide gold from new areas, demonstrating the ongoing strength and significant growth potential of this new Nevada gold district." More
- January 18, 2011 | Item | ShareThis


U.S. Silver Announces Fourth Quarter and Full Year 2010 Production - "Using metals prices of $28/oz. for silver, $1.10/lb. for lead and $4.25/lb. for copper, equivalent ounces of silver produced totalled 670,000 ounces in the quarter. Unaudited cash cost per silver ounce produced after by-product credits was $13.50 for the year ended December 31, 2010." More
- January 18, 2011 | Item | ShareThis


IAMGOLD Reports Record Quarterly Gold Production and Announces Rosebel Mine Expansion - "The Company announced record fourth quarter attributable gold production of over 310,000 ounces and 2010 total year attributable gold production at the high end of the guidance range of 940,000 to 970,000 ounces and cash cost within guidance of $565 to $585 per ounce. The Essakane mine produced 80,000 attributable ounces in the quarter notwithstanding a three-week interruption in November due to an electrical issue. The Essakane mine attained nameplate throughput capacity in December. In 2009, total year attributable gold production was 939,000 ounces at a cash cost of $461." More
- January 18, 2011 | Item | ShareThis


- Chris Mullen, Gold Seeker Report

 

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Disclosure: The owner, editor, writer and publisher and their associates are not responsible for errors or omissions.  The author of this report is not a registered financial advisor.  Readers should not view this material as offering investment related advice. Gold-Seeker.com has taken precautions to ensure accuracy of information provided. Information collected and presented are from what is perceived as reliable sources, but since the information source(s) are beyond Gold-Seeker.com’s control, no representation or guarantee is made that it is complete or accurate.  The reader accepts information on the condition that errors or omissions shall not be made the basis for any claim, demand or cause for action.  Past results are not necessarily indicative of future results.  Any statements non-factual in nature constitute only current opinions, which are subject to change.  Nothing contained herein constitutes a representation by the publisher, nor a solicitation for the purchase or sale of securities & therefore information, nor opinions expressed, shall be construed as a solicitation to buy or sell any stock, futures or options contract mentioned herein.  Investors are advised to obtain the advice of a qualified financial & investment advisor before entering any financial transaction.


-- Posted 18 January, 2011 | |


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