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 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 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 … Not only does the JPY have an almost perfect correlation with the gold price, but the japanese M2 money supply seem to track gold pretty well.
Continue reading » June 1, 2017 admin Gold No Comment The miners have taken a real beating over the last couple of weeks, and as of now GDXJ (Junior miners) are below the floor of the giant wedge formation (Bearish)… Notes: Below wedge floor (Bearish unless it’s a fake break, which in that case would...
Continue reading » May 5, 2017 admin Gold, Gold & Silver Stocks, Silver No Comment When it is finished I am looking to put it up online for public use. When up, it updates every minute or so. I personally use it to find out what companies that are currently cheap compared to peers. This spreadsheet is comprised of producers and late stage...
Continue reading » May 4, 2017 admin Gold, Gold & Silver Stocks, Silver No Comment USD/JPY has been the driver for a lot of different asset classes for quite some time. It showed unusually high correlation with SPY, gold, silver and the miners. The atrocious ending action near resistance may prove to mark at least some form of rally in...
Continue reading » April 26, 2017 admin Gold, Gold & Silver Stocks, Silver, Silver & Guld No Comment Perhaps you have heard about the issues Van Eck have had in regards to GDXJ, in that the ETF has experienced such big inflow volumes that it started to push 10%+ ownership in some miners. This has led to operational problems and can lead to...
Continue reading » April 20, 2017 admin Gold, Gold & Silver Stocks, Horseman's Portfolio, Silver, Silver & Guld No Comment Background In the last couple of days, some of my best performers have been Novo Resources and Orca Gold. These two companies performed pretty well despite gold posting a minor decline. I have personally found that the mentioned shares seem to trade somewhat differently compared...
Continue reading » April 19, 2017 admin Gold, Gold & Silver Stocks, Silver, Silver & Guld No Comment Gold popped on Trump’s comments about wanting a weaker dollar as well as a low rate environment going forward: Miners yawned. Especially the junior miners index (GDXJ) that was yet again capped at the “You Shall Not Pass” Trendline: The...
Continue reading » April 12, 2017 admin Gold, Gold & Silver Stocks No Comment 
