If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting! http://goldstocktrades.com/blog/wp-content/uploads/2021/01/2021-01-19_13-35-04.mp4 Gold looks ready to double bottom and bounce higher?
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Maritime Resources $MAE.V Exploring For the Gold Source at Depth at Hammerdown
Maritime Resources Reports Additional Results From Its Hammerdown Drill Program, Intersects 29.58 GPT Gold Over 2.16 Metres
29.58 gpt Gold and 12.71 gpt Silver Over 2.16 Metres, Including 54.49 gpt Gold
and 23.01 gpt Silver Over 1.16 Metres at Hammerdown. Hammerdown was last operated by Richmont Mines between 2000-2004 producing 143,000 ounces of gold at an average mine grade of 15.7 gpt Au through a combination of narrow vein open pit and underground mining.
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Don’t Let Coronavirus Get You to Capitulate on Junior Miners! $GDXJ
Important chart update on $SLV $GDXJ $GLD $SILJ...nothing to be concerned about...charts are still super bullish. #gold #silver #juniorminers
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Junior Mining Investors Waiting for Tax Loss Selling Season To End
Remember the best time to start acquiring juniors is during tax loss selling. Find some juniors beaten down for no good reason that have been publishing great drill results.
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Get Gold and Silver Before Middle East Devolves into Civil War
I closely monitor and invest in the junior miners raising money to drill for new discoveries because that is why we are in this sector to make money. The big money in mining is made in getting in before a discovery hypothesis is confirmed through drilling. In some cases sentiment in the markets and sector can be so bad that the market doesn't recognize yet the opportunity. This is where we dig around the press releases and news filing for undiscovered stories not really known yet but could be if they hit on drilling.
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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.
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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.
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Gold Forming Huge Long Term Cup and Handle Flag Pattern
Right now gold has been basing for almost 7 years while the majority of short sighted investors chase momentum into bubble like areas in financial stocks, tech and housing despite the record valuations and despite the warning of a market that has been on its longest run since the roaring 20's which preceded the Great Depression.A little junior I featured a few months ago when it was trading at pennies has just broken through the $1 mark on a world class lithium discovery. A few months ago when I first did the interview many analysts were skeptical now the big banks have jumped on board.
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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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Are You Ready for The 2nd Leg Higher in the TSX Venture in 2018?
Looking at the TSX Venture Chart above it appears the Venture peaked in 2011 and bottomed in 2016. Since the summer of 2016 the Venture has consolidated that first move for over 18 months. It appears that we could be starting the next leg higher with this break of 850. We are also moving into a very favorable time period where rallies occur between January and March.
If you want to take advantage of a new year tax loss bounce you should buy a handful of really quality juniors which are still cheap.
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