Just how important is the reversal in gold stocks today?
David Erlfe, Founder of The Junior Miner Junky joins me today to take a look at the nice upward reversal in gold stocks today. Garnering a buy throughout the day this action has David thinking there could be another push higher before the pullback that everyone is expecting happens. Overall a very encouraging day for metal investors.
Click here to visit David’s site and learn more about his newsletter.
Hilly and Billy…..pulled out a good one…..with the help of BARR…..
All is going as planned……..the shadow govt cia, perverted mines continue ….
minds ……the gold mines will be next…. 🙂
And if you don’t like the characterization of Hillary as a CROOK, forgetting all the kick-backs and pay-for-play speaking fees she received there’s still:
https://www.politifact.com/truth-o-meter/article/2016/may/25/fact-checking-claims-clintons-stole-200k-furniture/
Tell Hilly to get the YELLOW CAKE off her teeth……….
Maybe Frank has a tooth brush…. 🙂
Maybe , she has a BARR of soap…… 🙂
Frank Holmes – Macro Factors All Point to a Much Higher Gold Price
by @PalisadeRadio on 20 Aug 2019
https://ceo.ca/@palisaderadio/frank-holmes-macro-factors-all-point-to-a-much-higher-gold-price
I was thinking more of Frank G……….and the yellow cake……..Uranium One…..
I guess ,…..Hilly Billy Frank and Gates can all meet in Haiti and split up the rest of the island…… 🙂
Just think……..and she is so lovely , she should get the nomination for best dressed , in the pant suit division…….. 🙂
What a shame, she will miss the debates
This is how Wall Street has been operating for far too long. It does what it wants in contravention of the law,
Just LAW BREAKERS………with the help of Govt.
(REG) (RGLSF) Regulus Resources Episode 1
The Upside Potential at AntaKori| Part 1
(REG) (RGLSF) Regulus Resources – August 2019 Corporate Presentation
Adding Value Through Continued Discovery
• Significant Copper-Gold resource
• Brownfield project near two existing mines
• Significant growth potential
• Land agreements in place
• Favourable jurisdiction – Peru
Copper Charts
August 21, 2019 – Pete’s Corner (Pete Panda)
“A raw collection of copper-related charts I collected over the last months. I post it now as it is interesting to see the number of copper focused articles are diminishing in the recent weeks with current copper prices not fitting into the bull story…(Thank you trade war).”
A call with John
July 5, 2019 – Pete Panda
A call with John Black, CEO of Regulus (REG.V) and Aldebaran (ALDE.v)
(TML) (TSRMF) Treasury Commences Exploration Program and Downhole IP Survey at Goliath Gold and Provides Project Update
Aug 19, 2019
(TML) (TSRMF) Treasury Metals Granted Federal Government Environmental Assessment Approval for the Goliath Gold Project
Aug 20, 2019
“The Project, as proposed by Treasury, consists of the construction, operation, decommissioning, and remediation of an open-pit and underground gold mine and associated infrastructure located 20 kilometres east of the City of Dryden, Ontario. The proposed Project could create up to 450 jobs during construction and 250 jobs during operations over the life of the project. The Company continues to complete requirements for final authorizations and permits.”
“The Minister’s approval of the EA is a significant de-risking milestone for the Goliath Gold Project and our shareholders. The Company has made major commitments and efforts to advance the Project, and we would like to thank the local communities, the representatives of the local Indigenous communities, the public, and the various government agencies for their work and participation throughout the EA. We look forward to the continued advancement of the Project,” said Greg Ferron, Treasury Metals Inc.’s Chief Executive Officer.
Good news for Treasury. They have had some good drill results in past. I added some:
Agreed. Treasury Metals is a solid development-stage company that few retail investors are paying attention to as they cross milestones and continue to have success, but I’m sure their are larger producers with eyeballs on them as they work towards construction and moving into production.
I like them for a medium-longer term play where they’ll get re-rated during the “Golden Runway” phase of moving from construction into production, and then they’ll likely be taken over a year after that for a nice exit strategy.
Ever Upward!
(EQX) (EQXFF) Equinox Gold Completes Share Consolidation
by @newswire on 20 Aug 2019
“Equinox Gold completed the Consolidation in order to pursue a dual listing on a U.S. stock exchange. The Consolidation reduced the number of Equinox Gold’s outstanding common shares from 566,278,712 common shares to approximately 113,255,742 common shares.”
https://ceo.ca/@newswire/equinox-gold-completes-share-consolidation
(RNX) (RNKLF) RNC Minerals Produces 7,873 ounces of gold in July 2019
@newswire on 21 Aug 2019
https://ceo.ca/@newswire/rnc-minerals-produces-7873-ounces-of-gold-in-july
Billionaire Hedge Fund Owner Mark Mobius Says Gold Is Going Up, Up, Up
Kitco News – Tuesday August 20, 2019
In an interview with Bloomberg TV Tuesday, veteran investor Mark Mobius, who created Mobius Capital Partners LLP last year, reaffirmed his bullish outlook for the yellow metal.
“Gold’s long-term prospect is up, up and up, and the reason why I say that is money supply is up, up and up,” he said. “I think you have to be buying at any level, frankly.”
Mobius also reiterated his recommendation that “investors should hold about 10% of physical gold in their portfolios.”
Old Mobius , has been around a long time……..I would think he knows what he is talking about….certainly knows foreign markets………….jmo
Agreed OOTB. Mark Mobius is iconic and a Billionaire Hedge Fund Owner knows when an asset class comes into season. Cheers!
Blast from the past………..Did you remember when Mobius , use to appear on Lew Rukeyser, …Friday , Wall Street Week……
https://www.google.com/search?q=Lew+Rookhouser&rlz=1CAXGER_enUS724US725&tbm=isch&source=iu&ictx=1&fir=7Q7WY6PdKxuyqM%253A%252CTNGE5q6ojJbrCM%252C_&vet=1&usg=AI4_-kR4kPt4tDplIJPv4O9ckIwrletOUw&sa=X&ved=2ahUKEwjnjoSZs5bkAhVE7qwKHcfLBJ4Q9QEwBXoECAgQDw#imgrc=7Q7WY6PdKxuyqM:
Bill Holter’s Commentary
Mark Mobius is pretty mainstream…is common sense making a comeback?
During an interview with Bloomberg, Mark Mobius said that at this point investors should buy gold “at any level.”
Constructive GDXJ chart from Goldfinger:
@Goldfinger – “$GDXJ low volume pullback looks to be complete as the junior #gold miners significantly outperform gold today with a 3.6% gain. ”
Lot’s of green on the screen in the Silver producers today:
Symbol – #Silver #Producers Change % on day
$EXN Excellon Resources Inc. +13.98%
$MYA Maya Gold and Silver Inc. +10.00%
$IPT IMPACT Silver Corp. +7.69%
$USAS Americas Silver Corporation +6.00%
$GPL Great Panther Mining Limited +5.80%
$BHS Bayhorse Silver Inc. +5.26%
$FSM Fortuna Silver Mines Inc. +5.25%
$AG First Majestic Silver Corp. +5.11%
$EXK Endeavour Silver Corp. +5.04%
$HL Hecla Mining Company +3.29%
$PAAS Pan American Silver Corp. +3.26%
$SSRM SSR Mining Inc. +3.15%
$SVM Silvercorp Metals Inc. +2.75%
$SMT Sierra Metals Inc. +2.38%
$HOC.L Hochschild Mining plc +0.59%
$FRES.L Fresnillo Plc +0.55%
$CDE Coeur Mining, Inc. +0.41%
There was also lots of green on the screen in the Silver Explorers and Developers today:
Symbol – #Silver #Explorers & #Developers – Change % on day
$REX Orex Minerals Inc. +50.00%
$UFO.L Alien Metals Limited +24.32%
$ABRA AbraPlata Resource Corp. +15.38%
$PSL Prospero Silver Corp. +13.33%
$RYO Rio Silver Inc. +12.50%
$SVL.AX Silver Mines Limited +11.43%
$MSV Minco Silver Corporation +10.96%
$DV Dolly Varden Silver Corporation +10.17%
$AXU Alexco Resource Corp. +8.38%
$IVR.AX Investigator Resources Limited +7.41%
$SIL SilverCrest Metals Inc. +7.22%
$SVE Silver One Resources Inc. +7.14%
$KTN Kootenay Silver Inc +7.14%
$AUMN Golden Minerals Company +3.96%
$MAG MAG Silver Corp. +3.79%
$MMG Metallic Minerals Corp. +3.13%
$SBR Silver Bear Resources Plc +2.70%
$AUN Aurcana Corporation +1.92%
$BCM Bear Creek Mining Corporation +1.38%
$ASL Argentum Silver Corp. +1.27%
$CD Cantex Mine Development Corp. +0.94%
What a move today from (REX) Orex Minerals!
Maybe this news just registered with investors:
Orex and Pan American Sign Letter Agreement for Sandra Escobar Project in Durango, Mexico
08-Jul-19
I think “the correction that everyone has been expecting” is probably over.
https://stockcharts.com/h-sc/ui?s=GDX&p=D&yr=1&mn=0&dy=0&id=p69612673796&a=683589795
Kootenay Silver is acting very well following last week’s big move:
https://stockcharts.com/h-sc/ui?s=KTN.V&p=W&yr=5&mn=6&dy=0&id=p11653882522&a=670511036
It’s been a nice to see KTN finally on the move the last few weeks.
Looking at that chart, it finally popped its head above fork resistance to breathe the free air.
https://lunkiandsika.files.wordpress.com/2011/09/shawshank-redemption-poster-1994-rain.png
(SWA) (SRMMF) Sarama Resources Extends Strike Length of Mineralisation at South Houndé Project to Over 12km
@accesswire on 21 Aug 2019
https://ceo.ca/@accesswire/sarama-resources-extends-strike-length-of-mineralisation
Pure Gold Mining (PGM)(LRTNF) – Funded to Production H2/20, High-Grade, Low AISC
by @CRUXinvestor on 21 Aug 2019
Jaime Carrasco – Nobody is in the Precious Metals Sector Yet
by @PalisadeRadio on 21 Aug 2019
Dow-Gold ratio, the banking sector, and the potential for Gold and Silver over the next few years.
https://ceo.ca/@palisaderadio/jaime-carrasco-nobody-is-in-the-precious-metals-sector-yet
Dan Oliver on Kitco. Cory used to feature Mr. Oliver but hasn’t for some time. He has some thoughts on ‘lack of conduits for capital to enter PM arena. Interesting conversation with D. Triples down with $3000 call for gold. https://www.kitco.com/news/video/show/Kitco-NEWS/2524/2019-08-21/Expert-Triples-Down-on-$3000-Gold-Call-No-Doubt#_48_INSTANCE_puYLh9Vd66QY_=https%3A%2F%2Fwww.kitco.com%2Fnews%2Fvideo%2Flatest%3Fshow%3DKitco-NEWS
Off Topic, but ? ! !
The crook to run in 2020 ?
https://dailycaller.com/2019/08/20/hillary-clinton-50000-plate-fundraiser-democrats-dnc-2020/