New positions (“lottery tickets”): Cache Exploration Inc Silver Spruce Resources K2 Gold Corporation New positions (starter positions): Redstar Gold Corp Excellon Resources Inc Liberty Gold Corp Pure Gold Mining Inc Added to existing positions in: Otis Gold Corp (top 5 holding) AbraPlata Resource Corp Dolly...
Continue reading » August 9, 2017 admin Gold & Silver Stocks, Horseman's Portfolio 3 Comments First off, we did get a bearish MACD-cross on GDX today: Now I will present some charts for a few of the junior miners that I own: Orca Gold Inc Newrange Gold Corp Otis Gold Corp Sage Gold Inc Bonus...
Continue reading » August 7, 2017 admin Gold & Silver Stocks, Horseman's Portfolio No Comment This past week ended on a negative note for the mining indices since GDX and GDXJ seem to have been rejected at the down trend ceiling once again (even though some big individual names have pretty bullish charts): GDXJ:GDX Isn’t looking that great...
Continue reading » August 5, 2017 admin Chart of the Day, Gold & Silver Stocks No Comment Let’s take a quick look at the junior miners (GDXJ): … GDXJ looking very promising. GDX on the other hand is unfortunately not as advanced… Let’s simply hope Newmont is a front runner and that the mining complex will follow, since...
Continue reading » August 1, 2017 admin Gold & Silver Stocks No Comment Bought (relatively big positions) Abraplata Resource Corp Silver explorer focused on Argentina ~23 MUSD market cap Flagship project: 81.3Moz Ag + 755Koz Au = 1.9Moz AuEQ Significant shareholders: 13.7% Management, 19.9 Silver Standard Comments: Very cheap based on P/Resources, Seems very underfollowed (My broker didn’t...
Continue reading » July 31, 2017 admin Gold & Silver Stocks, Horseman's Portfolio 2 Comments Given that the US dollar index and especially USD/JPY is tanking while real rates are going lower, gold and silver should be up strongly ATM. Unfortunately there seems to some resistance keeping the metals from heading higher. One factor that I personally believe is playing a...
Continue reading » July 20, 2017 admin Gold & Silver Stocks, Market Flash No Comment There is nothing normal or rational about this chart at all. This chart is reflecting a world where central banks have distorted and destroyed any idea of a functioning market by taking rates to zero (or even sub zero), while suppressing bond yields through...
Continue reading » July 18, 2017 admin Chart of the Day, Gold, Silver, The Economic Depression No Comment Via David Brady – https://twitter.com/GlobalProTrader (a must follow) Gold Silver I can’t overstate how extremely encouraging I find these charts to be. Smart money is the most bullish on gold since 2006. This at a time when the miners are nearing...
Continue reading » July 15, 2017 admin Gold, Gold & Silver Stocks, Silver No Comment Bought: Osprey Gold Biterroot Resources Brixton Metals Impact Silver Trimmed positions: Telson Resources
Continue reading » July 8, 2017 admin Gold & Silver Stocks, Horseman's Portfolio No Comment – Source: David Brady ( https://twitter.com/GlobalProTrader ) These values are not that different from when the last major bottom took place…
Continue reading » July 3, 2017 admin Chart of the Day, Gold, Gold & Silver Stocks, Silver No Comment