BIG divergence between the stock market and the underlying fundamentals: Margin debt at all time highs: “Irrational exuberance” indicator at highest point since at least 2001: To sum up: There are bubble warning signs pretty much everywhere one bothers to look. This...
Continue reading »
June 21, 2017 admin
Chart of the Day, Market Flash
No Comment
No one could have escaped hearing financial media pundits talk about how bad rate hikes are for gold. What is interesting is the fact that since the start of FED’s latest hiking cycle in late 2015, gold has actually rallied right after each hike (Potentially with the...
Continue reading »
June 20, 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
Palladium Blows the Whistle on the London Metals Market – David Jensen Experience is Overrated – Michael Batnik Legendary Investor Jim Rogers Expects the Worst Crash in Our Lifetime – Business Insider
Continue reading »
June 18, 2017 admin
Ekonomiska depressionen, Gold, Silver
No Comment
Next two weeks will be the most interesting ones for the miners in many months… We are nearing the end of a multi month triangle and bumping up against a downward trend ceiling that goes all the way back to 2011. When this...
Continue reading »
June 16, 2017 admin
Gold, Gold & Silver Stocks, Horseman's Portfolio, Silver
No Comment
Action over the last two weeks New positions: Bitterroot Resources (re-entry) Avino Silver and Gold Mines (re-entry) Impact Silver (re-entry) Brixton Metals (re-entry) Americas Silver Corp (re-entry) Golden Arrow Resources Corp (re-entry) Klondex Mines Red Eagle Mining Almadex Minerals Aurvista Gold Corp Most new positions are...
Continue reading »
June 16, 2017 admin
Horseman's Portfolio
No Comment
I decided to compare the charts of two “alternative currencies”, namely gold and the relatively new phenomena Bitcoin. One having been a monetary asset for millennia and the other one being a new digital form of currency for the lack of a better word. The charts...
Continue reading »
June 13, 2017 admin
Gold, Market Flash
2 Comments
I picked up some VIX (Volatility Index) 2x longs early in the day since the VIX was trading at a 24(!) year low. It was only a day trade and I only held it for a few hours. I might as well have kept it...
Continue reading »
June 9, 2017 admin
Horseman's Portfolio
No Comment
Nasdaq began to drop on massive volume during the latter part of the day. It was even and heavy selling across the board, including the ultra caps such as Facebook, Amazon, Netflix, Google (FANG) and Apple.
Continue reading »
June 9, 2017 admin
Horseman's Portfolio
No Comment
According to this graph, we are currently at a point in time with the best risk/reward for a value investor (contrarian) in the commodity space, in decades. Situations like this are obviously very rare and should be taken advantage of IMHO.
Continue reading »
June 8, 2017 admin
Gold, Silver
No Comment
