Tag: precious metals
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Gold to trigger reversal pattern down to $2100?
The price of gold has defended and bounced off of two week lows, but my technical eyes have caught something. Once again folks, I trade the markets I see, not the markets I want to see. I remain long term bullish gold and silver, but am open to play downside moves. Let me present a…
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Silver on the path towards $50 per oz?
This isn’t going to happen tomorrow or next week or next month, but from a technical standpoint, silver is on the path towards $50 per oz. Gold and copper yesterday (May 21st 2024) printed new all time record highs and the uptrend continues to remain intact. Metals are performing: Some are calling this a new…
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Top 5 stock gainers and losers December 1, 2023: JPWR.H, PM.C, CRD.V
Building on yesterdays report, we will take a quick look at todays top 5 stock gainers and losers up or down double digits on the Canadian stock markets. Here is a summary of the intraday action of assets: Top 5 Gainers Jade Power Trust (JPWR.H) Market Cap ~ $2.67 million Jade Power Trust is a…
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Silver below $20 and Gold below $1800?
On September 19th 2023, I published an article titled “The moment of truth for silver!“. I really meant it. The price of silver was contained between two major trendlines and technical traders were waiting for the break. What got me worried was the fact that everyone’s favorite white precious metal had retraced hard after briefly…
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Ashley Gold (ASHL.C) storms up 41.2% as CEO literally lifts rocks
When people saw Ashley Gold (ASHL.C) was a $0.065 stock a few days ago, they may have ignored it as just another little gold explorer at a time when gold explorers are largely unloved. We wrote about it because we liked the guys behind it, and their plans to work it when everyone else in…
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Golden Opportunity: Unveiling the Potential of Junior Gold Miners in the Battle of USD vs Gold
USD vs GOLD If you’ve ever talked to a proper goldbug and not got into a coma, then you probably remember the reason for investing in the yellow metal. The gold story goes as follows: That’s all great, but let’s be honest, what we’re really after is outsized gains, and with gold hovering around $1900,…
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Silver demand hits record highs in all categories
With headlines of inflation, market uncertainty, bank troubles, impending recession headlines, and geopolitical risks increasing, one can understand why money is running into hard assets. I have always maintained that gold (and silver because it follows the price action of gold!) will go up when there is a sense of a confidence crisis. When people…
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PSA: It is Actually Not Okay to Not be Okay
My mother tells me that “it is okay to not be okay”. This sort of thing comforts me for a moment until I realize that this quirky little phrase can only derive from one place: there are people out there saying and behaving like it is not okay to not be okay. Or (another realization),…
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Gold Mountain (GMTN.V) hits high grade intercepts on Elk Gold Project
My cousin once had a brief conversation with Dolly Parton. He subsequently announced that, “She was the least disappointing celebrity I’ve ever met.” A lot of investors are starting to feel that Gold Mountain Mining (GMTN.V) is the least disappointing gold developer they’ve ever met. In a sector that tends to over-promise and under-deliver –…
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First Glance With Jody Vance: Falcon Gold Crop (FG.V)
In episode 66, Jody chats with Falcon Gold (FG.V) CEO Karim Rayani. FG is an exploration stage company that engages in the acquisition and exploration of mineral properties in the Americas. Jody and Karim talk about the companies recent acquisition of the Newfoundland project, the company’s future drilling plans and what this could all mean…