During the last two years, divergences between Bitcoin and GDXJ has tended to converge again after a couple of months. With Bitcoin’s recent meteoric rise, this divergence is substantially bigger than what has been seen during this time frame. It will be interesting to...
Continue reading » May 4, 2017 admin Gold & Silver Stocks, Market Flash No Comment Added Dolly Varden Silver Corp Impact Silver Corp Resource Capital Gold Corp Sage Gold Inc Cut Golden Arrow Resources Corp Southern Silver Exploration Corp Arizona Silver Betterroot Resources New positions Gungnir Resources Inc Sunvest Minerals Corp TerraX Minerals Inc Santacruz Silver Mining Teranga Gold Corp...
Continue reading » April 28, 2017 admin Gold & Silver Stocks, Horseman's Portfolio No Comment USD/JPY has been the driver for a lot of different asset classes for quite some time. It showed unusually high correlation with SPY, gold, silver and the miners. The atrocious ending action near resistance may prove to mark at least some form of rally in...
Continue reading » April 26, 2017 admin Gold, Gold & Silver Stocks, Silver, Silver & Guld No Comment Snippet: “The falling average yield in the silver mining industry seems to be overlooked by the majority of analysts. As we can see in the chart above, the primary silver miner’s average yield has fallen from 13 oz/t in 2005 to 7.4 oz/t in 2016. ...
Continue reading » April 24, 2017 admin Gold & Silver Stocks, Horseman's Portfolio, Silver No Comment Perhaps you have heard about the issues Van Eck have had in regards to GDXJ, in that the ETF has experienced such big inflow volumes that it started to push 10%+ ownership in some miners. This has led to operational problems and can lead to...
Continue reading » April 20, 2017 admin Gold, Gold & Silver Stocks, Horseman's Portfolio, Silver, Silver & Guld No Comment Background In the last couple of days, some of my best performers have been Novo Resources and Orca Gold. These two companies performed pretty well despite gold posting a minor decline. I have personally found that the mentioned shares seem to trade somewhat differently compared...
Continue reading » April 19, 2017 admin Gold, Gold & Silver Stocks, Silver, Silver & Guld No Comment Bought some more shares of Sage Gold, Southern Silver Exploration as well as Kootenay Silver. Sold a small percentage of Golden Arrow Resources. Also added a small position in JDST (A 3x leveraged gold junir bear ETF) for hedging purposes. I think the next few days...
Continue reading » April 18, 2017 admin Gold & Silver Stocks, Silver & Guld 1 Comment Gold popped on Trump’s comments about wanting a weaker dollar as well as a low rate environment going forward: Miners yawned. Especially the junior miners index (GDXJ) that was yet again capped at the “You Shall Not Pass” Trendline: The...
Continue reading » April 12, 2017 admin Gold, Gold & Silver Stocks No Comment Gold and silver are having one of their best days in quite some time, while the mining indices GDX and GDXJ are underperforming. Why is this…? When gold and silver is up 1.5% and 2.0% respectively, the rule of thumb is for miners to be...
Continue reading » April 11, 2017 admin Gold, Gold & Silver Stocks, Silver, Silver & Guld No Comment Company profile: Dolly Varden Silver Corp. Fully diluted market cap: 20 MUSD (April 10) Fully diluted share count: 43.3M Number of projects: 2 Flagship project: “The Dolly Varden Project” Project size: 8,800 hectare (wholly owned, 2% NSR) Main product: Silver Grade: High (300gpt+) Bi-products: Lead &...
Continue reading » April 11, 2017 admin Gold & Silver Stocks, Horseman's Portfolio 3 Comments 
