Michael Ballanger of GGM Advisory Inc. shares his thoughts on silver company, Norseman Silver to tell you why he believes this stock is a Buy.Six weeks ago, I sent out Email Alert 2023-131 that told everyone that I was adding to Norseman Silver Ltd. (NOC:TSX.V; NOCSF:OTCQB) in the CA$0.035-$0.05 range. I added another 200,000 to the 800,000 I owned in the 2023 Trading Account to arrive at a new co...Read More
LONDON, 29 November 2023 - Data from BullionVault shows that over the 3 years since the Covid Crisis began, women have chosen to invest in gold at a faster pace than men, says German personal finance website Das Investment today."In times of crisis," says the report, "people increasingly rely on precious metals, with gold in particular being the focus."This trend is now increasingly evident among...Read More
Michael Ballanger of GGM Advisory Inc. shares his thoughts on the current movements in the market, as well as some stocks he believes may be worth your attention.This is Thanksgiving Weekend in the mighty U. S. of A, which is the biggest holiday travel day of the year and precedes the mighty "Black Friday" shopping event when crowds break down the doors at Apple stores across the country because a...Read More
Analysts note that U.S. inflation is coming down and that interest rates are coming down at the same time.Many assume this is good news for the economy and especially good news for stocks. But that superficial analysis does not hold up to scrutiny.With regard to interest rates, it is true that the yield-to-maturity on 10-year Treasury notes has dropped from 5.0% to 4.33% in recent weeks.But the dr...Read More
Cameco Corp. (CCO:TSX; CCJ:NYSE) — the godfather of the uranium trade — has moved to all-time highs, with the spot price hitting US$80.00/lb. From Trading Economics:"Uranium prices in the U.S. surged past US$80 per pound for the first time since January 2008 in November, soaring past pre-Fukushima disaster levels amid high demand and risks to supply. Fossil fuel volatility and decarbon...Read More
Cameco Corp. (CCO:TSX; CCJ:NYSE) — the godfather of the uranium trade — has moved to all-time highs, with the spot price hitting US$80.00/lb. From Trading Economics:"Uranium prices in the U.S. surged past US$80 per pound for the first time since January 2008 in November, soaring past pre-Fukushima disaster levels amid high demand and risks to supply. Fossil fuel volatility and decarbon...Read More
Cameco Corp. (CCO:TSX; CCJ:NYSE) — the godfather of the uranium trade — has moved to all-time highs, with the spot price hitting US$80.00/lb. From Trading Economics:"Uranium prices in the U.S. surged past US$80 per pound for the first time since January 2008 in November, soaring past pre-Fukushima disaster levels amid high demand and risks to supply. Fossil fuel volatility and decarbon...Read More
Silver just shot up, and given whatthe stock market is doing, it makes perfect sense.Namely, it’s most likely the final partof the rally in them both, and the same is the case for gold and mining stocks. Echoing Early 2022Starting with the stock market, it’sstill the case that the shares are following their early-2022 path.What I wrote about it previously, remainsup-to-date:Stockssoare...Read More
Following nearly two years of rate-hike induced panic attacks, investors suddenly found inner peace following this month's cooler-than-expected CPI report.Everyone's now convinced the Fed has whipped inflation and won't raise rates again this cycle. The herd can't stop buying semiconductors, languishing IPOs, and beaten-down tech stocks. Melt up season has begun and there's very little standing...Read More
Silver just shot up, and given whatthe stock market is doing, it makes perfect sense.Namely, it’s most likely the final partof the rally in them both, and the same is the case for gold and mining stocks. Echoing Early 2022Starting with the stock market, it’sstill the case that the shares are following their early-2022 path.What I wrote about it previously, remainsup-to-date:Stockssoare...Read More
Silver just shot up, and given whatthe stock market is doing, it makes perfect sense.Namely, it’s most likely the final partof the rally in them both, and the same is the case for gold and mining stocks. Echoing Early 2022Starting with the stock market, it’sstill the case that the shares are following their early-2022 path.What I wrote about it previously, remainsup-to-date:Stockssoare...Read More
Cameco Corp. (CCO:TSX; CCJ:NYSE) — the godfather of the uranium trade — has moved to all-time highs, with the spot price hitting US$80.00/lb. From Trading Economics:"Uranium prices in the U.S. surged past US$80 per pound for the first time since January 2008 in November, soaring past pre-Fukushima disaster levels amid high demand and risks to supply. Fossil fuel volatility and decarbon...Read More
Silver just shot up, and given whatthe stock market is doing, it makes perfect sense.Namely, it’s most likely the final partof the rally in them both, and the same is the case for gold and mining stocks. Echoing Early 2022Starting with the stock market, it’sstill the case that the shares are following their early-2022 path.What I wrote about it previously, remainsup-to-date:Stockssoare...Read More
Cameco Corp. (CCO:TSX; CCJ:NYSE) — the godfather of the uranium trade — has moved to all-time highs, with the spot price hitting US$80.00/lb. From Trading Economics:"Uranium prices in the U.S. surged past US$80 per pound for the first time since January 2008 in November, soaring past pre-Fukushima disaster levels amid high demand and risks to supply. Fossil fuel volatility and decarbon...Read More
Silver just shot up, and given whatthe stock market is doing, it makes perfect sense.Namely, it’s most likely the final partof the rally in them both, and the same is the case for gold and mining stocks. Echoing Early 2022Starting with the stock market, it’sstill the case that the shares are following their early-2022 path.What I wrote about it previously, remainsup-to-date:Stockssoare...Read More
How do the wars in Ukraine and Gaza impact global economic growth and the U.S. economy in particular?Both wars are ongoing and cataclysmic impacts may yet be felt. Here's where events stand at the moment. Let's start with the war in Ukraine...From a strategic perspective, the situation in Ukraine resembles a smaller-scale version of the situation in Europe in late 1944. At that point, the Allies h...Read More
Gold stocks have mostlyground lower to sideways since spring, leaving this contrarian sector reallyout of favor again. Yet both the metaland its miners’ stocks are early on in their strongest seasonal rallies of theyear. From late October to late February,gold tends to enjoy excellent gains which the gold stocks leverage. Given 2023’s great winter-rally setup, gold&rs...Read More
Investors in Dakota Gold Corp (NYSE American: DC) are likely pleased with themselves, as the company recently announced its highest-grade intercept to date, proving the richness of the firm's Richmond Hill Gold Project.For those unfamiliar with Dakota Gold Corp. (DC:NYSE American), it's a gold exploration and development company explicitly focusing on revitalizing the Homestake District in Lead, S...Read More
Hi,Gold has long been seen as the refuge for investors who are concerned about economic downturns and inflation. And it's tempting to attribute the metal's price movements to factors like supply and demand, the dollar and interest rates. But Elliott wave analysis shows the actual driver of gold prices is ... market psychology.Elliott wave analysis is the only method that objectifies market psychol...Read More