GLD (Gold): It sure looks like a bull market I must say. We are at a very very very interesting spot right now since we are close to potentially breaking the multi year resistance line in purple. MACD is also close to a...
Continue reading » January 14, 2018 admin Chart of the Day, Gold, Gold & Silver Stocks, Silver 2 Comments With renewed strength in gold and reading a few articles/tweets from good analysts that expect gold to be ending the year not far from its all time highs, I thought it would be timely to just do a quick post about what my focus is...
Continue reading » January 13, 2018 admin Investing Strategies, Uncategorized No Comment Just a quick look at some charts GDXJ vs GLD (Weekly) … Miners are nearing a break out of a large wedge (Would be bullish miners relative to gold) GDXJ vs GLD (Daily) … GDXJ/GLD RSI trend line is...
Continue reading » December 20, 2017 admin Gold & Silver Stocks No Comment “Contrarian investing” description via investopedia.com: Contrarian investing is a type of investment strategy distinguished by buying and selling against the grain of investor sentiment during a specific time. A contrarian investor enters the market when others are feeling negative about it and the value is...
Continue reading » December 13, 2017 admin Gold & Silver Stocks 1 Comment A few days ago I posted the graph seen below and suggested that we were in for some pain in the mining space. So far it has been going according to plan, with both metals and miners nosediving since the start of the week. I...
Continue reading » December 8, 2017 admin Chart of the Day No Comment “Another Tradable Low Coming” – Tfmetalsreport.com “Monetary Update For The Dollar” – Goldmoney.com “The War On Gold Intensifies…” – Sprottmoney.com “Economist Jim Rickards on Gold Versus Bitcoin…” – Businessinsider.com “Gold’s Global Supply: Heading For Cardiac Arrest” – theassay.com
Continue reading » December 7, 2017 admin Recommended Reading No Comment 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 Since I get a lot of questions and emails about what I think about company X or Y and I am unfortunately unable to answer every question due to my “work pipeline” already being full to the brim, I thought it was a good idea...
Continue reading » November 14, 2017 admin 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