Tag Archives: precious metals

Big News Expected in the Gold Miners Before BMO and PDAC

The Junior Gold Miners $GDXJ are holding the 50 DMA and forming a cup and handle. We could see a bounce starting soon. Big news is expected from some junior miners before the annual BMO and PDAC events in early March which are the biggest mining conferences of the year.
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2 Big Conferences Next Week Could Boost #JuniorMiningSector

Important developments are taking place this week as investors return from the end of the summer doldrum season.  Conference season picks up this weekend and next at the Metals Investors Forum and the Precious Metals Summit in Beaver Creek.  Both are sold out!!! I expect to see a consistent flow of news and for gold…
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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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3 Top Advanced Junior Gold Stocks Breaking into New Highs Outperforming GDXJ

After one of the most exhausting and traumatic bear markets in junior mining history the 2016 rebound has been quick and powerful. We are witnessing a massive uptrend that has rarely seen pullbacks. Its been very hard for the investors who have been short precious metals or in cash to acquire meaningful sized positions. Gold and especially silver are breaking out and look very powerful.
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Returning To A Gold Standard: Why Gold and Silver are Beginning This Historic Breakout

For years I have been highlighting precious metals as a store of value and high quality gold explorers and developers with the potential to leverage those gains, despite them being completely out of favor. Seeing a historic irrational correction in gold and silver, exacerbated by manipulation from several banks, I continued to highlight the virtues of patience and fortitude. I also tried to teach the virtue of ignoring the news and the mass media whose attempt is to make you off balanced and misdirecting you to sell your precious metals so you can buy into inflated stocks/sectors on the verge of their own crash like Bre X, Enron, Counrtywide and Bernie Madoff.
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Precious Metals and US Treasuries Seen as Safe Haven as Oil and Stocks Crash in 2016

It is important to study the beginning of trading in January as major pools of capital tend to re-position around this time for the new year 2016. So far this year it has been ugly, one of the worst starts in history. Oil is crashing below $30 down over 20% year to date. The Nasdaq and Russell 2000 are already down more than 10% year to date. Mostly all markets are in the red except precious metals and treasuries.
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Jeb Handwerger: “Picking the top 2 Stocks on OTCQX® in 2014 is a Great Blessing”

In 2014, something very interesting happened. Despite the bear market in the junior sector, two mining companies, which I'm a shareholder of and which I spoke about numerous times in 2014, led the entire OTCQX. No. 1 was Western Lithium USA Corp. (WLC:TSX; WLCDF:OTCQX). No. 2 was NioCorp Developments Ltd. (NB:TSX). Western Lithium had a 2,566% increase in daily trading volume in 2014. NioCorp gained 394% in market cap. They were the top two of the best 50 OTCQX® companies. Picking the top 2 out of 10,000 public companies from all over the world during the worst bear market in mining history and an unprecedented stock market bubble has been a great blessing. This is why investors are attracted to the junior mining sector. If you do your homework and pick the stories that have exceptional fundamentals, you can realize exceptional gains. Two gains like that can offset a lot of losses.
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The 2 Junior Gold Miners Breaking Out Higher Despite Gold Correction

Only two weeks ago I published two reports on two junior gold miners on the verge of huge breakouts and bullish reversals. Despite the gold price consolidating over the past few weeks after a breathtaking January, these two miners are making great breakouts on huge volume on major fundamental and technical advancements.
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Fiat Currencies Are Crashing, Precious Metals Are Breaking Out

In late 2014, I expected gold to bottom and that there would be a massive January effect that would lift gold, silver and the junior miners in 2015. Currently, gold is breaking above the critical 200 day moving average and the critical $1300 psychological barrier on a breathtaking move of almost $200 an ounce in less than two months. The period of lower highs appears to have ended. However, it is reaching a short term overbought condition, so a correction or consolidation is warranted and quite healthy. Investors should expect a stabilization and look for a pullback to add to positions. The long term downtrend appears to have ended so the 50 and 200 day moving averages should act as magnets of support not resistance.
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China Must Look Abroad For Metals and Energy To Support Growth

Headlines about a Chinese economic slowdown may get good web traffic, but the real story is that China is buying up uranium and other resources around the world, says Gold Stock Trades writer Jeb Handwerger. Meanwhile, tensions in Russia highlight the massive country's resource dominance in natural gas, oil, uranium, platinum group metals, rare earths and nickel. Handwerger tells The Mining Report that North America is already acting to develop resources that can meet both domestic and international demand—and this global geopolitical uncertainty is an investment opportunity.
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