"The "golden" days lie ahead for silver and investors who get exposure to this commodity and stocks in the sector; in my view, there is no better silver miner than the 119 year old Hecla Mining (HL)," says Ian Wyatt.

The editor of Top Stock Insights explains, "The company is one of the oldest miners in the U.S. and operates in Alaska and Idaho.

"Over the past 12 months, silver has lagged increases in gold by a large margin and that will not last. Investors buy silver for the same reason as gold, inflation.

Continue reading Helca Mining (HL): 'No Better Silver Miner'

Helca Mining (HL): 'No Better Silver Miner' originally appeared on BloggingStocks on Wed, 08 Sep 2010 10:00:00 EST. Please see our terms for use of feeds.

Hecla Mining (HL) closed at $6.28. Gold is recently down 0.66% to 1133.70 according to Bloomberg. Hecla Mining December and January option implied volatility of 80 is near its 26-week average of 82 according to Track Data, suggesting non-directional price movement.

Monster Worldwide (MWW) closed at $16.29. MWW December option implied volatility is at 60, January is at 57; versus its 26-week average of 57. Options were active on November 18 on volume of 56,606 contracts according to Track Data. Average daily volume is 12,750 contracts according to IVolatility.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.

Options Update: Hecla Mining trending higher with rising precious metal prices originally appeared on BloggingStocks on Thu, 19 Nov 2009 09:15:00 EST. Please see our terms for use of feeds.

In The Aden Forecast, the Aden sisters explain, "Gold and silver recently moved well into record high territory, and it looks like they are poised to head even higher.

"Most impressive, gold's leading indicator still has room to rise further before it reaches the high area. This tells us that gold's current C rise is very strong and it's now likely headed to our next target level near $1200. Meanwhile, December gold will remain super strong above $1,020.

Continue reading Gold and silver favorites from resource experts

Gold and silver favorites from resource experts originally appeared on BloggingStocks on Tue, 20 Oct 2009 19:40:00 EST. Please see our terms for use of feeds.

With gold turning down from its recent highs, some have questioned whether the 6-year bull market in metals may be ending. According to Mary Anne and Pamela Aden, the evidence points to the opposite conclusion. Indeed, they note, "Gold and silver have everything going for them and their rises have a lot further to go."

Here, the resource experts and co-editors of The Aden Forecast explain the six key factors they see that are pointing to higher metals prices.

The first two reasons are spending and money. They explain, "The world is swimming in money and that's the fuel that's been driving money assets and commodity prices up. But the magnitude of what's currently happening has never been seen before in world history."

The Adens points out that the U.S. is the world's largest debtor nation and "the government keeps spending money it doesn't have."

Since the government doesn't want to cut spending or raise taxes to reduce its debt, they note, "It simply produces money to cover its expenses, which is what governments throughout history have always done, and this amount is also huge."

In fact, in just over the past year, they observe, the amount of paper dollars that've been created is equal to half the value of all the gold that's ever been produced worldwide over the past 2,000 years, which is about $2 trillion. And it's not just the U.S. "Other countries are pumping out money like mad too. In Europe, for instance, money has been growing at the fastest rate in 17 years."

Continue reading The six reasons to own gold and silver

The six reasons to own gold and silver originally appeared on BloggingStocks on Fri, 02 Mar 2007 11:45:00 EST. Please see our terms for use of feeds.