BullMarketRun.com

As expected, gold is powering higher this morning, currently up $16 to $1,153 as of 7:00 am Pacific time…we don’t believe it’ll be long (within a few weeks) before gold tests its record high of $1,225 set early last month…the strength of the Canadian dollar recently is just another indication of the overall direction and trend (up) that we’re going to see in precious metals, oil and commodities in general in the coming months…Gold Bullion Development (GBB, TSX-V) is strong this morning, up one cent to 12 cents…a whopping 336,000 shares traded in the first 10 minutes…National Bank and Blackmont were the main buyers, and National Bank has been a consistent buyer in this market for some time…Gold Bullion is finding some resistance at 12 cents but we expect that wall will be knocked down convincingly this week…the Venture Exchange is up 21 points to 1,626 as of 7:00 am Pacific time…Ventana (VEN, TSX) appears to be on the rebound which bodes well for all the Colombian plays…