We believe that Canada and the United States are facing very difficult economic times that will affect the stock markets and inflation. It will not be pleasant. Overspending and paying too high prices for many stocks coupled with too much debt are the main culprits. They will take a harsh toll. Keep in mind that […]
Author: BPellerin
Gold Today
1-Central Banks are the larg buyers of the gold bullion…Russia, China, India and others as well. Private investors are there but not in any size by comparison. 2- For gold stocks, understand that the bids are weak if you are sellng but for buying it opens up opportunities to buy at bargain prices. 3-Reported inflation […]
PCMA PRESENTS: COVID-19 AND THE “PERFECT STORM” FOR PRECIOUS METALS with David Morgan
Our good friend and silver guru David Morgan is the featured guest at the PCMA event on May 5, 2020 titled: COVID-19 AND THE “PERFECT STORM” FOR PRECIOUS METALS. You can still register at this link if you’d like to hear him. https://www.pcmacanada.com/events/EventDetails.aspx?id=1371474 David Morgan is a widely recognized analyst in the precious metals industry and […]
Canada sells it’s gold reserves
An article in Canada’s french La Press today announced that Canada had fiished selling off its gold reserves. The last time a country sold their gold it was England at US$275 per ounce in 2002. It turned out to be a bottom (the worst time to sell) as it is now around US$1700 per ounce. […]
$ Cost Averaging…again
Back in 2014, K.C. and I brought up an important technique called “Dollar Cost Averaging.” After a severe decline in the prices of a stock(s) many investors, without analyzing the potential and value of a stock(s) simply sell with little forethought. “Just sell and get me out.” Our best results were stocks that some investors […]
The Boy Who Cried (over) Bitcoin
I’ve written about and given presentations on Bitcoin for years now. As an IT specialist with strong connections to the financial community, you’d expect me to be one of the many people blindsided by the allure of Bitcoin-based solely on its technological appeal. Imagine a reinventing of money. A completely manipulation free currency made of […]
NiceHash gets hacked. $66M USD reported stolen. Latest from CTOBOB
As some of you may know we are hard at work on Bitcoin-related projects. We were affected by the NiceHash Mining theft. Here are the answers to some common questions about the incident. What was stolen? Their Bitcoin wallet. All of it.
“Bitcoin today and gold and silver”…by Bob Pellerin
It goes without saying that most people have heard of crypto currencies. Those digital “dollars” based on something called a block chain. Allow me to confess that I didn’t pay much attention to Bitcoin at first. As an IT expert and a writer about the financial markets many are shocked that I didn’t “get it”. […]
Canadian Mine Analysis Podcast 003 with David Morgan
March 19, 2016 Bob Pellerin is joined by renouned precious metal expert David Morgan of the Morgan Report. Topic: Currency war, silver and gold bouillon coin sales and general market trends.
Very Important Gold Points! Still our view, an opportunity.
1-Gold representation as a percentage of total assets held by large institutions and by various investment funds remains quite low. That could change as we feel that they will soon have to invest in gold and gold mining stocks. As you are aware, it is not easy to purchase gold bullion for many institutions and […]