Tag: PGX.V
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![Unabated selling, dry powder, the upside of buying when you’re the only bidder in the room – a Guru roundup (Part 1)]()
Unabated selling, dry powder, the upside of buying when you’re the only bidder in the room – a Guru roundup (Part 1)
A ‘medieval battlefield at dawn’ might best describe the current state of the junior exploration arena. Many of the stocks I track have been unseamed from the nave to the chops in recent weeks. An example of this pervasive, unabated selling pressure… The above chart depicts a well-run, cash-rich explorer on the cusp of defining…
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The IMF suddenly got very gloomy: what does that mean for the price of gold?
Today, The International Monetary Fund (IMF) released a statement predicting that the global economy will take a $12 trillion hit from the Covid-19 pandemic. $12 trillion is 60% the size of the U.S. economy – or $1,500 for every man, woman and child on the planet. The 189-country organisation says it will take a minimum…
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Berkshire Hathaway (BRK-A.NYSE): Warren Buffett is my hero but he got this detail wrong
“Nothing can basically stop America,” stated Buffett at Saturday’s virtual shareholder meeting. “The American miracle, the American magic has always prevailed and it will do so again.” Buffett’s opinion (about the resiliency of the U.S. economy) has been right for six decades. Why wouldn’t it continue to be right?
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![Gold Junior ETF (GDXJ.NYSE): gold offered “Hero Role” in re-make of “Apocalypse Now” – accepts gig on Hollywood Squares instead]()
Gold Junior ETF (GDXJ.NYSE): gold offered “Hero Role” in re-make of “Apocalypse Now” – accepts gig on Hollywood Squares instead
Analysts have tied the retreat by gold in part to positioning, noting that data had shown extremely high net long speculative positions in gold futures. Still, the degree of the pullback in light of the continued selloff in equities was widely described as a surprise.
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![High-Risk/High-Reward… Guru’s sub-$20M ExplorerCo shortlist]()
High-Risk/High-Reward… Guru’s sub-$20M ExplorerCo shortlist
Due to the number of companies I have in mind for this one, I’ll dispense with the usual preamble, except to say, gold is looking constructive on the charts (note the accumulation/distribution line), as is the GDX and the GDXJ. All three are holding their ground, and many of the companies I follow in the…
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![Ontario-Quebec ExplorerCos poised for potentially significant gains as the correction in gold matures]()
Ontario-Quebec ExplorerCos poised for potentially significant gains as the correction in gold matures
At the beginning of this year, and several times since, we covered numerous exploration plays on both sides of the Ontario-Quebec border—ExplorerCos kicking rocks and probing the subsurface of prolific geological settings like the Abitibi Greenstone Belt. Only the gold fields of South Africa have outproduced the Abitibi where more than 200 million ounces of…
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Gold opportunities in the Abitibi Greenstone Belt: 13 dirt-cheap ExplorerCo’s for your consideration
Are we on the verge of a new bull market in gold? Will the companies that explore for the stuff – the junior exploration companies aka ExplorerCo’s – rise from the smoldering ruins and come back into the light? We’ve laid down a solid case for this undervalued, under appreciated lot here at Equity Guru…
