Over the last two weeks, the average amount of stocks bought each week by the most informed of investors in North America was a very small $14,000,000 worth of the stocks in the very companies that they(the officers and directors) work at and work for. Nobody knows more about what is going on at their companies than they do. But you sould be aware that the average weekly amount of stocks sold by the same catagory of informed investors was appproximately $315,000,000! That is very heavy selling and while it does not foretell a crash, it can indicate that the market is carrying a high risk value level at least in many stocks. Again and always, there are thousands of companies that are exceptionally undervalued.

However, if you examine the officers and directors buying and selling at the junior mining group, you will find that they continue to be and have been consistent and regular buyers of their own companies’ shares and we rarely find them to be sellers. While it is not a timing tool, it is a solid aid in valuation.