I have been reading a bunch of negative comments regarding gold lately. This Isn’t that surprising since first of all, the COT -report showed managed money (semi dumb money) pushing up their net long positions past recent highs: Friday also delivered a VERY ugly “shooting...
Continue reading » August 20, 2017 admin Chart of the Day, Gold, Silver 1 Comment There are many theories regarding what market that actually leads in a precious bull market. Some say the miners. If it is the junior miners (GDXJ), which is considered riskier than the metals as well as its big brother GDX, then we should be very...
Continue reading » August 16, 2017 admin Gold, Gold & Silver Stocks, Silver No Comment 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 With mining investor sentiment at suicidal levels and much of the “twittersphere” being almost arrogantly certain of a coming sharp decline in gold and gold mining shares ATM, I would like to show why I am not giving up on this recent gold rally just yet:...
Continue reading » August 12, 2017 admin Gold, Gold & Silver Stocks, Silver No Comment Quinton believes the area between Antelope Basin and North Stock Basin may host significant mineralization Notice the high grades encountered in some of these holes at depth (@12:45), [which ended in mineralization!]: Hole ended in high grade mineralization. I can understand why Quinton didn’t...
Continue reading » August 11, 2017 admin Gold & Silver Stocks, Horseman's Portfolio 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 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