Where’s the value in gold stocks – Majors or Juniors?
Erik Wetterling, Founder of The Hedgeless Horseman joins me for a discussion on the gold stock sector and the balance between the majors vs the exploration companies. It’s important to do your own due diligence to judge how the stock has moved compared to the overall sector.
Click here to visit Erik’s site and follow along with his reports.
GARY…….I think is correct……JMO
Congress.(demswhits)…….passing those new gun laws…..humm 2nd Amendment…..
Bonzo, you might have to ask Joe for some of that stimulus money.
China Joe’s handlers won’t let real citizens get near him.
bonzo, I have added some NUG as well. Would think there could be some excitement once 5 rigs are on site 🙂
erik, nice to hear you bought more NUG.V. What would you think it could sell for if they find a 50 million oz deposit of gold like Post-Betze?
I can’t give you a good answer but the best part is that I don’t think we need to be sharp shooters in that case… Rather be somewhat right than exactly wrong… Meaning I like stories where the prize is not say 1-2 Moz which might be a must for a deposit to become a mine somwhere… If the theoretical prize is 50 Moz then we would probably be happy with anything from 4 Moz to 50 Moz. It will take a lot of time to somewhat prove up 10+ Moz but if we had a 50 Moz deposit confirmed I would think the economic value would be many billions.
3 green days in a row. However, Fed next week and beatings must start again.
JUST A NOTE………
SEC…..is going after Greg Mannorino…..
I do not think Powell and Yellen …..like him…..truth hurts…
He has passion and has the energy to taunt the “money changers”.
Why are they going after him. He says the same stuff we do.
You do not have a TV(UTube) station……..
They are going after, …..FOR FRONT RUNNING…..he said……
Don’t you have to have a server close to the market to front run. I thought hedge funds did that or the New York Fed.
I do not know David…..
here is the memo…..Mar 10
Lions some people/persons have reported me to the SEC complaining that I am “front running” trades via this newsletter. I did receive a letter from the SEC which I sent to my attorney regarding this matter. I was advised that I cannot post specific trades however, I can post “trade suggestions.” For example, I can post stock tickers followed by a trade play suggestion as I posted earlier today.. below is what I posted earlier. AND THIS BELOW WILL BE MY NEW FORMAT POSTING TRADE SUGGESTIONS FOR YOU MOVING FORWARD.
Instead of front running it sounds more like giving investment advice without being a licensed broker/ financial advisor or something of that nature. Front running, I think, is using a computer to spoof trades or influence direction of markets electronically. Something like beating market actions by being a head of the trades probably by using algos to influence algos. What do I know. May be nothing more than a warning situation.
David…….. I do not know….. just posted what was reported…..
OOTB, all your social media is being recorded including all your emails. You have been warned: You’re promoting fake news. SMCS social media credit score is coming big tech will make certain that this will be the new paradigm. Everything you do should be anonymous including all your emails. Your posting your real name. Anyway, everything I do is invisible. I stopped a few years ago and have emails just set up for business and then communications for fake news is separate anonymous email including posting here. My name is not associated with anything and I do not post on social media Facebook never did. Greg Hunter was kicked off YouTube. The hammer’s coming down on everyone that isn’t pro establishment. One day they’re going to say sorry you can’t do this and you’re going to be surprised that you’re in a bad situation because the social media score well undermine all your movements and anything you want to do in life including transportation especially.
…….I never did facebook, nor tweeter….. 🙂
Credit…… Go and Own NO MAN……
Nothing to do with credit though it’s a social credit score rating your social activities nothing to do with money. They’re going to judge you as a person and if you’re not a bot then you’re not in the club.
Fear Not……If, you live in fear, you are not living…..
Nothing harmful that takes God’s people by surprise should cause them to fear. Realistically, we know fear is a natural response. But it is not our only option. The Lord is with us even when unexpected trouble arrives. Rarely does the person who falls victim to a terrorist’s bomb or a mass murderer’s bullet expect the sudden attack, but the believer must not fear even terror. Jesus taught His followers not to fear those who kill the body. He said they cannot kill the soul (Matthew 10:28). David writes in Psalm 27:1: “The LORD is my light and my salvation; whom shall I fear? The LORD is the stronghold of my life; of whom shall I be afraid?”
Dear Jerry. That’s a beautiful comment. Thanks for that one.
Norrareal 1968………Thank you for the kind words….
Holy Grail, you can’t hide from Big Tech they already know everything about you and it’s all stored in the cloud. There is no such thing as privacy anymore, technology is like rust it never sleeps and it is more relentless with each passing day. Our species likes to think we are special, we are not and we will not be able to handle the change that has been wrought upon us by ourselves. It took millions of years of evolution to perfect homo sapiens and in just the last hundred years we have altered our surroundings to the point that we will not be able to evolve fast enough. DT
Test
DT & OOTB, sorry guys have to just discuss this another time. We are kind off subject I believe and I reckon so. There is much information though. END.
BOYS! Time to get out of gold stocks and get into Peter Skiff tweets!
Hillarious but insanely it is true! We are living in bizarro world end times!
If it doesn’t open to it…it’s around the 40 minute mark.
Society has lost all better judgment last several years I’ve been criticized for it. That’s worse than the tulip mania 1634. No physical asset whatsoever and just a digital copy on the screen makes no sense at all it’s time to check out. It lasted a couple years and destroyed a lot of people most of the population I believe. Maybe I should start stockpiling dog duty that’ll be next. This is a bizarro WORLD, no doubt and it’s off the rails. Some people say ” ever upward” however are we divorced from reality here ? because this society is sleep walking right off the edge of a cliff. All the strong evidence is indisputable and piling up.
Just because the U.S. has started another arms race doesnt mean the end of the species will happen.
Russia/China are planning to build a moon base, which if we know the Chinese, will rapidly become a city.
So after the americans destroy the world the chinese and russians will move back in.
No worries, life goes on.
You said, no worries life goes on. Life will go on, but what kind of life are we going to be living and who are the survivors. Canada’s already been swallowed up by the Chinese and the Chinese military has already moved in. The perils out there and dangers are multiplying with no end in sight. Not going to list them all because I’m not going to make this my life’s work.
Everyone must do their own due diligence and then decide from there. There’s nothing positive here to see however that’s what makes the world go around everyone has a different opinion. You have yours, I have mine. There is the other side of the coin too, we could break out in a 1920s prosperity boom. We all know what happened after that and I don’t rule it out so there’s always a possibility of something else taking place. Regardless, we are definitely on the wrong path so this is not going to end very well at all.
Where the heck did you get this, the chinese have moved into canada?
Gotta tell ya, I live here, have friends from 1 end to the other and nobody has mentioned seeing any chinese moving in.
I dont think there is anything really to worry about, the americans might kill us all but thats not a big deal, we simply start from the stone age again.
Everything I’ve read and heard and even Matthew and Bill they are both very concerned live up in Canada and they said that Chinese military is present. We were discussing it on the weekend thread that’s on the discussion for markets not politics. You just have to do your own due diligence and even Bidden is sold out to the Chinese so it’s very serious.
And yes I agree with you we could go back to the Stone age. Very true.
Does anyone own NVGLF or am I out on an island by myself? Hey bonzo I own a boatload of NULGF as well so you’re probably screwed. I have alot of Novo too and I want to own Eskay but not at current prices. Same with Eloro. I think LOMLF is a good long term hold but I think it might be dead money unless gold explodes higher. Same with Irving. I wish Rob at Novo would also run Irving. I’ll probably snap up some Irving if it goes to $1.
I agree 100% with Erik and was glad to hear that Eskay is his biggest holding as I bought more@1.45 last week, as well as more LOMLF, TLRS, GLDXF, and GOTRF. Gary Savage said he thinks gold may have bottomed. All my cash is gone now so I’ll have to sell some more Shell or drug stocks if I want to buy more miners, unless NULGF finds an elephant and I can sell it for several dollars a share.