I almost never go fan boy on any individual stock and most especially not on any individual CEO or other company management type. In the gold sector that sentiment is amplified x1000. My friend Scott, a gold fund guy who makes it his business to get know management and only stick by those he values, introduced me to Minera Alamos (MAI.V), which I have held … Continue reading Interview With Doug Ramshaw of Minera Alamos
See this dreck being peddled at Kitco (by way of Gold-Eagle). Gold prices remain under pressure following weaker-than-expected Philly Fed manufacturing survey The gold market continues to see some technical selling pressure, finding little traction as sentiment in the manufacturing sector remains extremely negative, according to the Philadelphia Federal Reserve. Wait, is there any other kind of selling pressure than “technical” selling pressure? The Philly … Continue reading Some Gold Market Hilarity on a Down Day
And in this story stock’s case that place is in a booked profit of 27%. Sure, the pattern targets higher levels. But as the Trade Log noted… I am taking the 27% profit in hand in CRSP rather than wait for some future story stock profit in the bush. Raising cash. And that cash raising is ongoing. Profits – including in the gold sector – … Continue reading CRSP: Story Stocks Have Their Place
Existing home sales fell. Jobless claims increased. Fed’s Williams “more concerned about lower inflation than higher”. All that stuff is positive, not negative, for the gold stock sector. Gold stocks needed a pullback and here it is. Moving on, the Silver/Gold ratio it getting dinged – as it should – amid the economic angst and supposed lack of inflation. And the TSX-V is in line … Continue reading NFTRH+; Target Reached in This key Index
Here is one of those occasions where NFTRH+ shifts from individual stock charts to an informal update. Yesterday per the Trade Log I had the need to raise cash into the last part of the day. “Increased GDX on the pullback. Taking the profit on CEF, which went up driven by silver, which itself could probably use a breather. Profit taken in BTG to raise … Continue reading NFTRH+; Pre-Market Status & GDX Chart
