So I thought I would write something about what my current investment strategy in the precious metals mining space is. You probably know that I have a large position in a highly speculative exploration stock called Novo Resources. If you think we are currently in...
Continue reading » December 4, 2017 admin Gold & Silver Stocks, Investing Strategies 1 Comment Galina Meleger of Endeavour Silver (EXK) was kind enough to forward me the new “Silver Survey Update 2017” from The Silver Institute, that was just released last week. The report is painting a positive picture regarding the potential for a higher silver price next year...
Continue reading » November 25, 2017 admin Gold & Silver Stocks, Silver No Comment News release from November 14: “GFG Resources Continues to Expand Gold Mineralization 100 Metres West of North Stock with 0.95 g/t Gold over 22.9 Metres” Granted, at first look it does not look that impressive. But, in this business CONTEXT is crucial. Having “barn burner”...
Continue reading » November 15, 2017 admin Gold & Silver Stocks, Horseman's Portfolio No Comment Still inside the box and channel: Hourly chart looks very oversold:
Continue reading » November 15, 2017 admin Horseman's Portfolio, Novo Resources No Comment First of all, Novo Resources recently uploaded their November presentation to their site, which included some thoughts on the gold mineralization at Purdy’s Reward. One statement reads as follows: “Novo has confirmed Comet Well-Purdy’s Reward deposit is a near-shore marine alluvial gold deposit”. Basically rising...
Continue reading » November 12, 2017 admin Gold & Silver Stocks, Horseman's Portfolio No Comment As most of you know I was invited to attend the Precious Metals Summit Conference at Park Hyatt in Zurich this week (props to @Miningbookguy). I had 1-on-1 meetings with management from 21 companies in total. Fortunately I got to meet with every company I...
Continue reading » November 9, 2017 admin Gold & Silver Stocks, Horseman's Portfolio No Comment De Grey Mining recently announced discoveries of more outcropping conglomerates beneath the Mount Roe Basalts near Whim Creek. West discovery: I do not own De Grey, but I own a large chunk of Novo Resources that owns most of the...
Continue reading » October 31, 2017 admin Gold & Silver Stocks, Horseman's Portfolio No Comment First price chart trend line broken. MACD has broken first trend line. RSI has broken two trend lines. Hopefully this turns out like the scenario I described a few months ago: Blood bath phase breaking all technical supports exactly like before the huge Q1 rally...
Continue reading » October 25, 2017 admin Chart of the Day, Gold & Silver Stocks No Comment These are two of my favorite charts at the moment:
Continue reading » October 3, 2017 admin Gold & Silver Stocks, Horseman's Portfolio No Comment In this article I will try to explain how I think regarding my investing philosophy as well as where I think the most alpha is “hidden” today. Setting the scene: 1 – Commodities – Dow Jones ratio: … So commodities are are basically at...
Continue reading » September 30, 2017 admin Gold, Gold & Silver Stocks, Horseman's Portfolio, Silver No Comment