New additions: Superior Gold Inc (SGI) Newly formed company led by Chris Bradbrook Ex CEO of New Gold and founder of Crocodile Gold Latest video presentation can be found HERE. Total land package: 644 Km2 in Western Australia (tier 1 jurisdiction) Flagship asset: The...
Continue reading » September 25, 2017 admin Gold & Silver Stocks, Horseman's Portfolio 2 Comments Hopefully we will make some kind of bottom around today’s levels. Some junior miners suffered declines that smells a bit like capitulation selling. Looks like we have seen this action before, not too long ago…
Continue reading » September 18, 2017 admin Chart of the Day No Comment Even though the rally in precious metals has already run for quite some time, silver is looking very interesting in terms of more upside potential ahead: Gold-Silver ration rolling over…?
Continue reading » September 7, 2017 admin Chart of the Day, Gold, Silver No Comment Took a few hours last night to have some fun with some charting tools I rarely use, and this is what I came up with (some obviously fits better than others): Silver Gold … I did it just for fun, but...
Continue reading » August 21, 2017 admin Gold, Silver No Comment 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 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