I would never of thought it but its like 20 years have gone by and TSX Venture investors are at same value as 1999. At that time copper was under 75 cents a pound. Now its close to $3 per lb. Gold was under $300 now its above $1200. The junior mining space is the cheapest its ever been and I believe it could be a once in a lifetime opportunity. Meanwhile, the stock and bond market may have already topped. The US dollar is about to be manipulated lower as the US needs to pay back the huge debts with cheaper dollars.Read more
Best Drill Hole in Canada in 2018 $SUNM.V $LLC.V Stardust Property ???
Despite this horrible bear market in junior miners that has been ongoing for several years. This month we saw a major discovery hole come out of BC with Mark O'Dea's Sunmetals $SUNM.V drilling the best intercept ever hit at the property in North Central British Columbia and possible the best drill result in Canada in 2018. They hit over 100 meters of 5% copper equivalent. That is spectacular! Lots more hopefully to come this year.Read more
Gold Stocks Are Cheaper Than Manure, Uranium and Cobalt Breakout
At the end of August I turned bullish on uranium price. Now just two months later the #uraniumstocks are breaking out led by bellwether $CCJ#Cameco which I just bought on the triple top breakout yesterday. Thanks to Jaime Carrasco for this chart showing how cheap gold stocks have become. They are cheaper than manure! This could be the cheapest time to buy gold ever.Read more
Gold Makes Bullish Breakout as Investors Fear Higher Interest Rates $GDXJ
Its been a great week for the beaten up gold investors as capital sought safety as a market panic started. In reality, the stock market was way overbought and needed at least a shakeout which it has done pulling back to the rising 200 DMA. For months I have been early seeing declining momentum and insider selling in the Large Caps. Despite that the share price of large cap equities continued into nosebleed territory. I was taught years ago that the smart investors sell into rising markets and buy into declining markets. That's how the intelligent investors get in early. You can witness this phenomenon possibly through the divergence between momentum and price as we see in chart below. The trend is a friend until its broken on huge volume. During this week's market selloff gold remained the true safe haven not crypto as was promoted by the young 20 year old know nothings.Read more
Trump Signs New Law Boosting US Critical Metal Projects
For many years, I have asked my readers to learn more about our national security being totally reliant on foreign imports of our must crucial minerals and metals needed for our newest technologies. At times I even suggested to contact your local elected officials and make them aware of dire importance of a domestic secure supply of these most critical elements. I have been warning for close to a decade about a coming crisis among modern industrial nations posed by China's draconian and monopolistic maneuvers in the implementation of a rare earth quota system. See the full article on Seeking Alpha written more than seven years ago entitled, "The Fast Growing Rare Earth Crisis In The United States". Fast forward eight years after little support from Obama, the rare earth industry (REMX) as well as other critical battery and clean energy metals such as lithium, cobalt, graphite ...etc could receive an important boost. Late last year under the new Trump Administration an executive order was signed ordering federal agencies to end this monopoly of critical metals by China. Lithium Ion Battery materials was identified as crucial for America's economic future to have a secure domestic supply.Read more
Are You Ready For the Fall Fireworks in Gold – Silver After Labor Day?
Over the years, I have come into contact with some of the smartest fund managers in the gold business and the intelligent money was very excited to see this selloff in gold as a long-term discount buying opportunity. Long-time investors know that the summer months are usually down that is why they call it the summer doldrums when investors go on vacation and price and volume levels usually decrease. What does this record short position and precious metals fund liquidation mean to smart contrarian value gold investors?Read more
NuLegacy Gold $NUG.V $NULGF Could Be Onto Next Goldrush in Cortez Trend
Barrick and Oceanagold are already insiders. Toqueville Gold is also a major fund backing NuLegacy as an insider. You got the smartest shareholders and the best technical team. Remember these guys are looking for a grand slam giant deposit. As the CEO stated before in an interview “Elephant-sized deposits [are] the goal. That is why we have been given the mandate and the geological brain trust to step out and drill some of these high-impact targets. It’s the home run that people are looking for.”Read more
What Gold Correction? Retail Interest in Explorers in the Golden Triangle BC Heating Up!
A rally from this continued slump is long overdue. Its very important during these challenging time to look for opportunities that have huge discovery potential. During these downturns it is the few companies that are active that really are able to draw the attention from the smart mining investors.Read more
Junior Mining Stocks: Buy Fur Coats During A Summer Heat Wave
Let's look at three current positions that I have recently featured. Since early May some of our featured companies are up exponential. This has come at a time when frankly the junior mining sector has sucked. In some ways its almost as bad as the end of 2015.Read more
Get Out of Cannabis and Crypto and Move Into Gold and Silver
At the conference I had dozens of meetings with juniors. One of the things that impacted me most was when the CEO's showed up and mentioned to me that they were recently buying their own shares. This is a very bullish testament to me as an investor and it was nice to see two of the CEO's telling me that they are putting heavy amounts of their own net worth in recently as they believe their own stock has value and should rise.Read more