Franco Nevada stock (FNV) continues to rally Last April we noted the leader, FNV would lead the sector, after I bought the wipe out in March. In September we projected another low upcoming with support and the 62% Fib in view. Earlier this month we noted the hard bounce from that low at the 62% Fib. And so here we are, with the precious metals … Continue reading Would Franco Nevada lead them again?

Franco Nevada stock is dropping toward the 62% Fib retrace level As the tax loss selling Olympics appears on the horizon gold stock (with a little diversity into energy and PGM) leader FNV is diving toward the 62% Fib retrace level and below that, support at 124 (+/-). Reference the April 1st post: Franco Nevada Would Lead Them. A personal buy near the lows yielded … Continue reading Gold stock leader Franco Nevada (FNV) burrowing toward a low?

FNV continues to rally (and lead) Franco Nevada does not mine gold. It holds royalties on the gold that Huey (above) digs and wheels out of the bowels of the earth with nothing but a pick, a wooden cart and sheer determination. It is also somewhat (but not heavily) diversified into more cyclical assets than gold. FNV, like most of its Royalty bros is richly … Continue reading The Unstoppable, Over-Valued Golden Beast

When updating the NFTRH Trade Log I sometimes add a little detail about the whats and whys. In this case I want to put up a chart for subscribers (public welcome to consider or discard as you wish). Buying any gold stock is a bit of a risk on a day like today because Trump is threatening missiles and one way to lose money is … Continue reading Franco Nevada (FNV) to Break Consolidation?