by irdadmin | Sep 8, 2017 | Financial Markets, Gold, Precious Metals
In the July 27th issue of the Mining Stock Journal, I discussed briefly the run-up in Novo Resources‘ stock (NSRPF, NVO.V). At that point the stock, which had gone parabolic, was trading at US$1.93 for a $225 million market-cap. In defiance of any type of fundamental...
by irdadmin | Sep 1, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
I found it amusing that Mohamed El-Erian wrote an opinion piece for Bloomberg which asserted that gold is not much of a “safe haven these days.” His thesis was entirely devoid of material facts. His underlying rationale was that safe haven capital was...
by irdadmin | Aug 27, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
I had not noticed until I looked mid-day today (Thursday, Aug 24th) and saw that the HUI index was above 200. It ended up closing just above 200. I want to see it hold above 200 dma and move higher from there before I get excited. But the chart has become mildly...
by irdadmin | Aug 21, 2017 | Financial Markets, Gold, Precious Metals
While I will maintain, until proven wrong by the test of time, that Bitcoin and Cryptocurrencies are nothing more than a temporary fad, investing with a long term outlook (20-30 years) gives the investor the best probability of generating life-style changing wealth....
by irdadmin | Aug 4, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
First this, but don’t take our word for it: The US Dollar is under considerable pressure. Week after week, we talk about how the dollar has been going down for the count. It can only take so many hits. Gold and silver are the safe haven assets to own through a...
