Tag Archives: silver

Gold is Climbing And The Miners Should Follow

Gold has many drivers and many narratives. While much of the mainstream investing news talks about gold in relation to the federal reserve, or the US CPI, or some kind of warning about US deficits, the truth is that this … Continue reading

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Gold and GDXJ have Room to Run

As you can see with the charts above and my notes, I’m trying to find a decent target to reduce but the most I can really do is say that I don’t think they’re done climbing yet. Perhaps we have … Continue reading

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What to do with my PM Explorer stocks…

The reason I picked on LGDTF in particular here is because it is my largest gold explorer holding. It is one of many gold exploration stocks that has a great story. Here’s the description from its website at https://libertygold.ca/ Highly … Continue reading

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Precious Metals Miners: Strategy for the Next Spike

I’ll start with my thoughts on the S&P 500. I have heard plenty of takes, including many that call for a downturn due to lagged effects from interest rate hikes, bank trouble stemming from commercial real estate, a looming recession, … Continue reading

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Will Gold Prices Lead to a Spike in GDX and GDXJ?

I’m going to start with charts today, then discuss my opinions on where things are headed and why. The S&P 500 is still sitting at all-time highs. This isn’t a trend I want to short right now, but I’m not … Continue reading

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Gold Soars While Miners Remain Cheap

As you can see, gold looks like its ready to push out to new highs while gold miners are still carving out a bottom. My preferred narrative for why is that the big buyers right now are foreign central banks … Continue reading

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Seasonal Low Point for Gold Miners

I’ll start with a chart of the S&P 500. I’m not long, but I’m not comfortable shorting this either. Now on to gold miners. Seasonally, late February tends to be a low point for the sector. Gold miners certainly look … Continue reading

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How GDX and GDXJ trade relative to the price of gold

Last week I wrote about my favorite gold miner, EQX, so I was originally planning on writing about the laggard royalty plays – MTA and UROY. This information is easier to find than normal because there are endless youtube presentations … Continue reading

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Betting on Gold Mining with EQX

This week I decided to place a sizable bet on Equinox Gold, so I’ll start by explaining why. The founder of EQX, Ross Beaty, has been in the mining business for a long time. His last major success was creating Silver … Continue reading

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A Closer Look at my Precious Metals Mining Stocks

I blew my short trade in AAPL. Fortunately it wasn’t much money, but it’s still disappointing when you get a stock move right and you still get it wrong in your account. Here’s what happened in a couple charts: Here’s what … Continue reading

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