TSLA starting to look a little too VW
These two sectors are ready to rise, not pop…
Mining CEO assures patience in this WILL be rewarded ASTRONOMICALLY
With new targets on the Gold Miners ETF
SD Weekly Metals and Markets welcomes a very bullish David Morgan for all the latest on the precious metals and the mining sector.
“The dollar could begin a “meltdown” phase as gold bursts above the neckline in the $1260 area”
“Simply put, it’s the greatest time in history to be an investor in the precious metals asset class….”
In order to become a successful mining investor, you must understand the playbook:
Are We Looking At A Once In A DECADE Opportunity?
History has a tendency to repeat from time to time, and somehow surprise everybody when it does so.
We are officially in the first innings of a 2017 gold rush, as gold demand threatens to outstrip supply for the first time in decades…
Doldrums term is very apt for gold’s summer predicament. It describes a zone in the world’s oceans surrounding the equator. There hot air is constantly rising, creating long-lived low-pressure areas. They are often calm, with little or no prevailing winds. History is full of accounts of sailing ships getting trapped in this zone for days or even weeks, unable to make any headway. The doldrums were murder on ships’ morale.
Eric Sprott’s on Board…
The only “dumb” question regarding gold, silver and mining shares is, “should I own any?”
The Market Event Junior Gold Mining Investors Can’t Afford to Ignore:
The gold miners’ stocks remain deeply out of favor, largely shunned by traders. Since this sector just spent the better part of a year grinding sideways, such bearish sentiment isn’t surprising. But with a giant technical formation nearing a major inflection point, things look to be coming to a head in gold-stock land. A big breakout is nearing, and gold stocks’ deep undervaluation relative to gold argues it will be to the upside.
The best geologists at the big companies, after they’ve reached a level of financial security, leave to develop new gold and silver projects that are often overlooked or rejected by the big companies.
The junior gold miners’ stocks suffered a serious thrashing between mid-April and early May.
The recent major selloff was totally unjustified.
That makes this battered sector a screaming buy right now fundamentally.
The gold miners’ stocks have been slammed by a sharp gold pullback in recent weeks, spawning today’s bearish sentiment.
However, the major gold miners’ accounting earnings already exploded higher in Q1 without Q4’s big writedowns. That leaves the gold stocks wildly undervalued even at today’s prevailing gold prices, let alone where gold is heading in coming quarters. Sooner or later gold-stock traders will realize how irrational their latest bout of excessive fear was. Then they will flood back in with a vengeance, catapulting gold stocks far higher:
Gold stocks are trading at valuations not seen in decades, according to Tom Beck, senior editor of Portfolio Wealth Global. But conditions are ideal for a new gold bull.
A chain reaction is forming the last great gold stock buying opportunity of the decade, says Lior Gantz, editor of Wealth Research Group.
As Billionaire Eric Sprott points out in this MUST WATCH interview with SGT Report, the reason behind the down-move is actually the opposite of what you may think: