by irdadmin | Dec 23, 2017 | Financial Markets, Gold, Precious Metals
Novo is not worth the $544 million market cap based on Friday’s close using fully-diluted shares. Novo might eventually be worth $600 million or even more. But that reality is several years away. I have been recommending selling to my Mining Stock Journal...
by irdadmin | Nov 20, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals
Let’s face it, the trillions of fiat currency printed by Central Banks globally, which has been compounded by an even greater amount of debt issuance derived from the printed currency, has fomented multiple assets bubbles of historic proportions. Bitcoin is a...
by irdadmin | Nov 3, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
Allegedly (note: emphasis on “allegedly”) Craig “Turd Ferguson” Hemke was awarded a Nobel Prize for his weekly A2A podcast. If true, the award is more legitimate than the Nobel Peace Prize given to Obama and the Nobel Prize for Economics given...
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 | 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...