Group items tagged

The stock market typically experiences a September slump, but with last month's steep drop, volatile trading and bull run, investors shouldn't be surprised to see a break from the norm this year.

Precious metals seemed to lose their luster this week as investors attempted to sell off wins to account for the losers in their portfolio. With a seemingly declining value as a safe haven against the dollar the precious metal bull run of the last several months may be coming to an end.

Gold has been on a bull run since the start of July but investors began profit-taking on Tuesday afternoon in advance of Federal Reserve Chairman Ben Bernanke's Jackson Hole announcement expected on Friday. Bernanke's statements regarding potential Federal support for the economy may have a major influence on the future of gold.

A lot of selling has already taken place, making it difficult for institutions to buy in-size without running stocks up.

Red Metal continues to assess properties within the resource-rich III Region in Chile, extending its exploration with Quantec Geoscience.

Red Metal's aggressive growth strategy, which entails acquiring, exploring and developing gold-copper projects, has positioned them well to benefit from the ascent of precious metals.