Erik Wetterling – Tracking The Market Reactions To Newsflow In 3 Gold Exploration Stocks
Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins us to review how he is tracking the market reactions to newsflow in 3 gold exploration stocks. We get into some of the specific valuation and trading nuances around the on-going exploration programs for Headwater Gold (HWG.CN) (HWAUF), Condor Resources (CN.V) (CNRIF), and Altamira Gold (ALTA.V) (EQTRF).
*In full disclosure, the companies mentioned by Erik in this interview include personal positions in his portfolio, and they may also be site sponsors on The Hedgeless Horseman website at the time of this recording.
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Sharpen your toes you are going all in! DT
Phony data, phony programmed action and people telling non-truths. Everything normal.
Unemployment rate down … must have only surveyed Elementay School Students in sweat shops.
Most sheeple are clueless,
I bought a few yesterday and today including more IPT and BBB.
I’m all in on Impact, brutal silver day and it is holding up so far, same with Santacruz.
Impact, IPT.
IPT, weekly Ichi, not sure how to interpret this but there is much higher volume at this bottom.
I bought EXK today too. The company’s in good shape but needs higher silver like most do.
Monthly:
https://stockcharts.com/h-sc/ui?s=EXK&p=M&yr=13&mn=11&dy=0&id=p53713585305&a=1389382081&r=1702074336244&cmd=print
It won’t surprise me if it goes lower on Monday and I’ll buy more if it does.
78 minute:
https://stockcharts.com/h-sc/ui?s=EXK&p=78&yr=0&mn=1&dy=11&id=p57240376129&a=1553440232
IMO we are at a confluence of indicators and $1.04 USD is a line in the sand for medium term, if it breaks to the up side it becomes a question of whether the PMs can attract investment money over and above interest rates… I think they are undervalued enough to give us a good run at it but probably wont break to the upside until the dollar actually does roll over under current levels.
5 figure losses this week during the Rally.
SILJ:GDX looks great which is doubly great considering silver’s 10% drop this week. Silver stocks and especially junior silver stocks typically fall much more than senior gold stocks during weeks like this one. It is also a great sign that SIL and SILJ are down about half as much as silver from their highs.
https://stockcharts.com/h-sc/ui?s=SILJ%3AGDX&p=W&yr=3&mn=7&dy=0&id=p15085546820&a=1553462601
Good news …. My 40 year old Nephew wants to know where to buy physical silver.
FREAKY FRIDAY AGAIN………………………… have a great one….