Now that the Fed has met and increased interest rates for the third time, I
expect more capital to rotate from overvalued stocks to the junior miners
similar to what we saw after the dot com crash. This bubble in stocks
could be on the verge of a precipitous fall which could abruptly wipe out
the capital chasing stocks higher into nosebleed levels. Bitcoin and paper currencies are losing favor while gold and silver may
come back later this year and certainly in 2018 when many of the major
producers are set for a supply shortfall. As stocks correct and treasury
yields rise with rising inflation more investors will flock to our illiquid
junior mining sector seeking tangible assets for protection and a hedge
against hyperinflation.
Read more
Stroke Detection Device Breaks Out on Huge Volume As They Advance Through FDA Process
For months now I have been telling my readers about a relatively unknown medical device company that could be on the verge of earning a fortune with a device that could prevent strokes with a cheap test that could be installed in Primary Care Offices. The stroke epidemic especially here where I live in South Florida is out of control. In the US there are around 800k strokes annually costing the healthcare system billions. There has got to be a better and easier way to prevent and screen for strokes.Technically the chart is forming a cup and handle. Look for a breakout on large volume. The handle has been forming for six weeks and I expect a bounce off the 50 DMA
Read more
Zinc Stocks May Be Top Buy of #PDAC2017 As Commodity Soars to 5 Year Highs
Zinc may be one of the best commodities to own right now as it
is breaking out into new highs. Supply remains tight. Look for zinc
developers with management who knows zinc with great track records.
Read more