I often mention to you that the key is that stocks and commodities should follow a certain angle of ascent in a bull market. Gold exceeded that angle by too much very recently and is correcting to be “in line” with a proper angle of ascent.Spike moves up like we just saw always come back […]
Ray Langevin on gold…update
Ray of Quebec City, has been one of the best long term technical analysts that we have used for over thirty years. He personally does his own long term charts and gives targets. He has been quite good. Here he goes….. In my view, the targets (min. and max.) have been reached on Precious Metals, […]
Gold..our view!
The Gold market …… we expect much more upside…but expect downdrafts and pit-stops. Our analysis suggests that we are now in a very strong market for gold and precious metals stocks which should continue for several years. Few investors get involved when stocks are undervalued. Our analysis also suggests that the Industrial stock market […]
Cartier, Imperial Minerals, Golden Share and QMX
Watching developments closely We soon should be commencing a much stronger market for many of the small cap “junior” exploration stocks. Key point: The increased demand for gold and the diminishing supply will continue for several years; they are now part of a very bullish formula. Juniors having exploration success should be recognized and […]
A Bear market required…
PLEASE PAY ATTENTION! AGAIN ! For a long term bull market in Gold and the precious metals we would need a painful bear market in the industrial stocks such as the Dow Jones Industrials and S&P 500 stocks. I have used this gauge since 1986 when Wall Street Week commentator Bob Stovall pointed it out to […]
Gold…several points to keep in mind…
1…The Gold and Silver mining and exploration stocks are among the most undervalued of all the investment sectors… the mining and exploration stocks have been and will be the focus for the next several years.. ………….. 2…Know well that if after our analysis we choose to invest in for example forty precious metals companies even […]
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. […]
No uptick shorting is killing the markets…
No uptick required for short selling! It’s total insanity….. Shorting with no uptick required…creating chaos and damaging markets This first paragraph is a letter we received from a professional investor and money manager for many decades. As follows: The question is and always has been are the stock markets primarily for the investing public or […]
So true.. Aheadoftheherd.com
The following profound and accurate comment was written by Rick Mills of the Aheadoftheherd.com site “Historically, and especially so today, for all the reasons to like gold, the greatest leverage to rising precious metals prices has been owning the shares of junior resource companies focused on acquiring, discovering and developing precious metals deposits. Importantly, juniors are a cost-effective […]