Ned Schmidt – The Balance Between Metals Upside vs Downside
Ned Schmidt, Founder of The Value View Gold Report thinks that the broad metals sector has limited downside when compared to major market averages. Ned is even more excited about silver pointing again to the net short position of spec traders and the tight range it has been trading in.
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Ned Schmidt: “By this time next year, the price of gold/silver will shock all of us.” I’m going to write this statement down. He could be right and I’m hoping he is!
Is that a shock up….or a shock down………..
UP, without a doubt.
Agree, but Jerry’s question did make me think!
🙂
5k gold and $100 silver won’t shock me.
In the short-term I’d settle for $1400 Gold and $20+ Silver. Any thing over that is gravy.
I thought gold should have been stronger today , with everything going on……….
Oil conflicts with Saudi and Iran……
Israel and Syria
China in the South China Sea
Apple……rotten to the core……
https://www.zerohedge.com/news/2018-05-11/apple-stops-reporting-cash-held-overseas
(JAG) (JAGGF) Jaguar Mining – The Turnaround Continues
April 17, 2018 – Simple Digressions
In my article on Jaguar Mining published in October 2017 I made the following conclusion:
“In my opinion, the latest announcement should be considered as the beginning of the remarkable turnaround in the company. After the catastrophic first half of 2017, now Jaguar is in a much better shape”
“In my opinion, this year we should see a continuation of a turnaround in the company. In this article I discuss the recent developments and present my estimates for 2018.”
https://seekingalpha.com/article/4163562-jaguar-mining-turnaround-continues?page=1
(JAG) (JAGGF) Jaguar Mining Reports Q1 2018 Financial Results; Increasing Cash Flow and on Track to Achieve Gold Production Guidance of 90,000-105,000 Ounces in 2018
May 10, 2018
Rodney Lamond, President and Chief Executive Officer, Jaguar Mining commented, “Our continued focus on cost control, productivity and company-wide operational excellence programs has delivered strong operating cost performance in the first quarter, where we saw a significant increase in our operating cash flow. Lower consolidated cash operating costs improved 13% to $800 per ounce sold, AISC improved 3% to $1,289 per ounce sold, which puts us on track to achieve our 2018 cost guidance, especially when factoring significantly lower costs relative to suspended operations at our higher cost Roça Grande Mine.
“Our strategy over the last 24 months has been to deploy capital only towards high priority exploration projects and initiatives that will provide the best return and add to our large mineral resource base to grow our long-term sustainable gold production. We have seen the benefits of these investments. Pilar Gold Mine is continuing to grow its production base, and we expect to see increasing production at Turmalina Gold Mine by the second half of 2018.”
Crypto gonna put you silver and gold dinos out to pasture. Since 1970 S&P up 30x. Gold up 27x. Crypto up how much? Thank you! And unlike weed which ran hard for about a year, crypto running hard for 9 YEARS strait!
One more low and LOAD UP ON SILVER.
Ira Epstein’s Metals #Video (5/11/2018)
Technical Analysis, Gold, Silver, Copper, Platinum
i see that novo is moving ahead of the anticipated bulk sample results, looks like someone has gotten and advanced peek.