Central Fund of Canada’s Weekly Chart & NAV Discount

Where once “gold enthusiasts” (to quote a particularly annoying gold/gold stock pumper) once drove the premium on CEF to the 15-20 range, it has been steadily pinned in discount territory throughout the majority of the bear market. Now, I am not sure if part of this has to do with competing vehicles out there or the Sprott acquisition, or if maybe this is just representative … Continue reading Central Fund of Canada’s Weekly Chart & NAV Discount

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NFTRH; A Value Proposition in Gold & Silver (med. priority)

Now that everyone seems to hate or at least have moved on from the precious metals, let’s take a closer look. This morning I made a simple post about gold noting that its status of a higher low to December needs to hold to keep its volatile uptrend intact. So that level (1238.30 to be exact) can be used as a ‘stop loss’ on a … Continue reading NFTRH; A Value Proposition in Gold & Silver (med. priority)

Precious Metals Fundamentals From Different Angles

We are (finally) on the anticipated bounce in the miners.  They will need to exceed a few key resistance levels we are watching to even think about getting bullish beyond a bounce.  But people did get too bearish and the sector needed relief.  So… Also, the sector’s macro fundamentals have not fully come in line (per my personal gauges).  You may remember my old Macrocosm … Continue reading Precious Metals Fundamentals From Different Angles