Category Archives: Precious Metals

3 Junior Miners in USA Making Big News at PDAC in 2018

3 Junior Miners in USA Making Big News at PDAC in 2018
Here we go again as this time of year brings a lot of hype to the mining industry as tens of thousands of people from all over the world come to Toronto to present their goods and services at the PDAC convention. Its not uncommon to pay $300+ for a hotel room to hang around the Toronto Convention Center and go to a bunch of parties. However, the more experienced junior mining investors are aware of what has been termed by many the "PDAC curse". The PDAC Curse is becoming more widely known when there has been more selling coming out of the conference than buying. However, things may have changed these past couple of years and we are seeing some bullish reversals coming out of PDAC.
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Gold Is Almost Ready To Make the $1400 Breakout!

Gold Is Almost Ready To Make the $1400 Breakout!
I recently went to the Money Show conference in Orlando and saw a lot of buzz around crypto currency and cannabis but very little about lithium, cobalt, zinc, copper and precious metals. Notice the pricing in lithium and cobalt is surging. Gold is on verge of huge breakout at $1400. Remember the days struggling companies would change there names to dot coms? Now they are adding blockchain to their names to dupe investors into the latest fad. Well I'm not falling for it and either should you! Stick to the metals and commodities just beginning to breakout into multi year highs. Look to early stage explorers and developers known as junior miners with top tier assets and management teams with track records and are debt free. See full report by clicking here or you can download attached pdf. Please comment with your thoughts?
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Multi-Year Breakout in Gold at $1400 Could Boost Junior Miners

Multi-Year Breakout in Gold at $1400 Could Boost Junior Miners
“We see a breakout at $1,400 in gold, which could mean new multiyear highs,” said Jeb Handwerger, editor of GoldStockTrades.com, which offers a newsletter focusing on mining exploration companies. Gold futures haven’t topped $1,400 since 2013. A decline in the value of the U.S. dollar has recently helped boost dollar-denominated prices of gold, but Handwerger pointed out that “many investors have been diverted away from mining into much more speculative areas like blockchain and cannabis.” “Even investment conferences and newsletter writers who were once gold bugs are now cryptocurrency gurus,” and this is very similar to 1999 when gold bulls became dot-com gurus,” he said. “Eventually, we will have another gold rush possibly even bigger than the late 70s but possibly more like the 30s.”
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Year End is the Most Wonderful Time of the Year to Buy Junior Miners

Year End is the Most Wonderful Time of the Year to Buy Junior Miners
Long term experienced junior mining investors knows that the Holiday Tax Loss Selling Season is usually the best time to pick up bargains. Even in down bear market years January and February are usually favorable, however, we may be on the verge of some of the best years in mining ever! Notice the significant rallies off these lows the past 3 years.
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Silver Stocks May Be Cheapest Opportunity In Decade

Silver Stocks May Be Cheapest Opportunity In Decade
Gold miners have kept in line with gold bullion and stocks so far this year. Copper, zinc and palladium have outperformed both stocks and gold. However, silver and silver stocks have lagged behind but I believe they could not only play catch up but they could far surpass the gains of these other metals as their is a record short that may soon have to cover if the US dollar finally breaks down. Silver may be the cheapest and best opportunity in the market right now from a value perspective. If you notice the silver to gold ratio has not reached this high since 2008 and 2002.
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Three #InterestRateHikes Then “Stumble” into #Gold #Silver #JuniorMiningStocks

Three #InterestRateHikes Then “Stumble” into #Gold #Silver #JuniorMiningStocks
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.
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Zinc Hits 5 Year Highs: Is This Canada’s Next Zinc Producer?

Zinc Hits 5 Year Highs: Is This Canada’s Next Zinc Producer?
An exciting metal breaking into 5 year highs is zinc at $1.30 per pound. Its still way below its pre credit crisis highs at $2 but it looks like it could be headed there later this year. Smart investors are scrambling around for the top zinc assets which can get into production in mining friendly stable jurisdictions. At the end of December I saw some of the smartest mining investors the Lundin and McEwen Family putting seven figures into this new zinc company whose Chairman built Blue Pearl, Thompson Creek, Wheaton River... in the last commodity cycle. He has over 35 years of experience. These stocks he built went from pennies to ten+ dollars per share with a billion market cap. I believe this could be one of the top zinc assets in North America. This asset has 4+ billion pounds of zinc at a time when producers were shutting down.
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Why Trump Will Be Good For Precious Metals and Junior Miners

Why Trump Will Be Good For Precious Metals and Junior Miners
This strong US dollar in relation to other collapsing currencies has made it very difficult for miners and explorers over the past few years. The dollar is hitting a 15 year high making it very hard and expensive for our mining and manufacturing sector. That could change quickly under Trump as he has already committed to taking on other nations who have been devaluing their currencies to gain a competitive edge with trade.
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3 Junior Miners Attracting Interest as Gold and Silver Finds Support at 200 Day Moving Average

3 Junior Miners Attracting Interest as Gold and Silver Finds Support at 200 Day Moving Average
Due to Hurricane Matthew and the Jewish New Year I was unable to post updates on the current gold market. However, it is important to note some important developments in our sector. It appears that there was distribution in the precious metals this week during light holiday trading with Hurricane Matthew affecting the Southeastern US where there are a lot of precious metal investors which exacerbated losses taking gold, silver and the junior miners to oversold levels like we have not seen since late 2015. I expect to see a basing around the 200 Day Moving Average which gold and silver have been hitting. This could be great news as that may signal a major secondary buy point for what I believe could be the next major bull market in precious metals fueled by a weak slowing economy combined with soaring government debts and negative interest rates.
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Gold and Silver Pulling Back To Support, Could Fed Meeting Next Week Boost Junior Miners?

Gold and Silver Pulling Back To Support, Could Fed Meeting Next Week Boost Junior Miners?
It appears that gold broke its downtrend and 200 Day Moving Average in early 2016 forming a bullish golden crossover in February. Then in June gold broke 2 year highs and has since consolidated to the breakout point at $1300. Its quite normal after making such bullish breakouts to hold at that level before the next leg higher. This summer gold has taken a breather pulling back to uptrend support. It may still base until the Fed decision next week providing what may be looked back upon as a secondary opportunity for those who missed the Brexit breakout in June.\ Gold and silver both have rising 50 and 200 day moving averages which are bullish showing an upward trend. Notice rallies have been on increasing volume showing possible accumulation. It broke out into new 2 year highs in June following Brexit and has since consolidated returning to the breakout point. This past week it made a weekly bullish engulfing pattern which may signal a short term reversal to the breakout technical target of $23.50. The move may accelerate higher after the Fed announcement next week.
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