We as investors have a hard time focusing on more than one thing at a time. Lately, the theme has been “can they stop the stock market from falling”. I have not followed the market(s) this closely in quite some time, simply because so much...
Continue reading » March 24, 2020 admin Gold & Silver Stocks, Horseman's Portfolio, The Economic Depression No Comment These are interesting times… We see mine after mine getting shut down due to the Corona Virus while some of the largest gold refiners in the world have also shut down. This is of course a limiting factor to the physical gold supply. Furthermore, it...
Continue reading » March 23, 2020 admin Gold & Silver Stocks, Horseman's Portfolio, The Economic Depression No Comment As many will have noticed there are currently physical gold and silver shortages reported all around the world… Examples: The largest seller of precious metals in the Nordic countries is completely out of gold and silver coins. Jim Rickards recently tweeted this: From the front...
Continue reading » March 22, 2020 admin Gold & Silver Stocks, Horseman's Portfolio, The Economic Depression 2 Comments CLICK HERE to read the News Relase from Prime Mining (PRYM.v).
Continue reading » March 20, 2020 admin Gold & Silver Stocks, Horseman's Portfolio, Prime Mining No Comment US dollar: up up up… The US dollar continues to soar which is wreaking havoc across the globe. Every single loan which is expressed in US dollars has become meaningfully more expensive in just a few days. The Bloomberg Dollar Index is currently at an...
Continue reading » March 19, 2020 admin Gold & Silver Stocks, Horseman's Portfolio No Comment I have been catching some knives in primarily three producers: Premier Gold Mines, Argonaut Gold and OceanaGold. All three have had problems like missed guidance etc but at some point they get so low that the surprises tend to come to the upside. At these...
Continue reading » March 19, 2020 admin Gold & Silver Stocks, Horseman's Portfolio No Comment NR: “Prime Mining: Los Reyes new resource in Q1, main deposits have linkage potential” Article: “5 Reasons Why Prime Mining Corp (PRYM: TSXV, PRMNF: OTC) is likely undervalued”
Continue reading » March 19, 2020 admin Gold & Silver Stocks, Horseman's Portfolio, Prime Mining No Comment Quinton Hennigh, who was very early to worry about Corona (much earlier than most which I can attest to), talks about the Corona virus with Jay Taylor. Must listen: LINK Youtube:
Continue reading » March 17, 2020 admin Gold & Silver Stocks, Horseman's Portfolio, The Economic Depression No Comment If we are headed for deflation, if only temporary, then cashed up juniors with little to almost no fixed costs and high margin producers with little debt would be the best choices. The cash will go up in purchasing power and the higher margin producers...
Continue reading » March 16, 2020 admin Gold & Silver Stocks, Horseman's Portfolio, The Economic Depression No Comment At this moment, cash is king. It is outperforming stocks, (paper) gold, commodities and mining equities. What we are seeing in the world economy is highly deflationary. The thing is that neither the banking systems, economies, nor Central Banks can stand deflation. Given the record...
Continue reading » March 16, 2020 admin Gold & Silver Stocks, Horseman's Portfolio, Investing Strategies No Comment