This can prove to be the catalyst that propels gold and silver higher, and hopefully lead to miners breaking their huge wedge formations to the upside! Judging by the graph below, we have all the right ingredients for a massive short squeeze rally...
Continue reading » August 16, 2017 admin Gold, Gold & Silver Stocks, Silver No Comment 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 At the start of the monstrous leg up in the miners early 2016 one of the most explosive mining stocks out there was First Majestic Silver Corp, which rose over 500% before a severe correction took hold. Many people has probably seen the graph of...
Continue reading » June 25, 2017 admin Gold, Gold & Silver Stocks, Silver No Comment Palladium has been on quite a tear for the last couple of months: The above graph is certainly a very different picture than gold and silver (unfortunately). Can this latest divergence between the metals be a positive sign going forward? Since the bull...
Continue reading » June 18, 2017 admin Gold, Gold & Silver Stocks, Silver No Comment The miners have taken a real beating over the last couple of weeks, and as of now GDXJ (Junior miners) are below the floor of the giant wedge formation (Bearish)… Notes: Below wedge floor (Bearish unless it’s a fake break, which in that case would...
Continue reading » May 5, 2017 admin Gold, Gold & Silver Stocks, Silver No Comment 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 Lets take a look at the correlations during the time period 2017-03-01 to 2017-05-01: Data Observations GDXJ correlation with gold literally went down the drain, with a coefficient of only 0.06! Probably a lot to do with the GDXJ rebalancing. Gold saw...
Continue reading » May 2, 2017 admin Market Flash 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 
