Fortuna Silver Mines - Long Term PitchforchRSI & stochastics are positive.
This is a great long-term play to get leverage from rising silver prices.
Miningstocks
I'm Bullish On Gold Mining StocksIt's an extremely simple chart, but It does imply a pretty good RRR trading opportunity.
These prices were last seen in 2013, so this is quite a significant break of resistance.
First Majestic Silver : Pitchfork RetracementsHealthy Upleg and Bullish RSI.
This stock is a great way to play the bull silver market.
It is a cult stock, with famous and great management.
This is the largest silver producer (operations mainly in Mexico) with long term reserves.
Great long term play.
Not cheap but marginal when looking at the current silver price...
An Obvious Investment. Profits 100%+.Everyday you hear of recession and taking a quick look at gold stocks, they seem to be the safe haven and profit maker during financial uncertainty. Take a quick look at New Gold during the recession years of 2009-12. Gold stocks rose with the price of gold and this stock under $1 is an absolute must buy.
NGD is in line with its historic lows of 2008 and has only up to go from here. A slowdown is happening, recession is inevitable. Some say that Bitcoin is the answer, but, large investors and institutions will direct their funds from Bitcoin to gold , gold stocks, and precious metal mining stocks. The price of Bitcoin would drop during a recession as investors will seek safe havens. Bitcoin does not have the stability to be considered a safe haven as it can drop 20-40% in a single day. You can rest at night knowing that gold at most falls $40-50 a day, but averages $5-10 swings per day. That is true monetary stability.
- Buy In : $0.90-0.99
- Short Term Target : $1.30 or 30%
- Long Term Target : $7.00 - $10.00 or 600-900%.
The signs are everywhere, the numbers prove it. Most of Europe is in recession. Import/Exports are down. China's GDP is the lowest in 25-years. Brick and Mortar stores are closing faster than ever. Massive restructurings = massive layoffs. This is sounds like 2008 all over again. Be prepared, invest smart.
Quantitative Easing & Rate Cuts = Bullmarket in Mining Stocks.You've seen the news lately, the Federal Reserve has taken unprecedented actions BEFORE a recession has even hit. The Fed has already cut rates 3-times and restarted their Quantitative Easing, although not officially calling it that.
Predictions and Possibilities for 2020:
2008 Style Recession.
Dollar Run.
Debt Bubble Pop.
We can not sit and say things are great as you may hear on mainstream financial media. These steps taken by the Fed are VERY bullish for precious metals and mining stocks. These are our recommendations, each will reach at least 300%:
ASM: Avino Silver and Gold Mines
NGD: New Gold
B2G: Barrack Gold
Check our "An Obvious Investment" chart, you will see that our NDG has already seen 10% growth since posting. It's time to be money smart.
B2Gold - Multi-year Breakout Multi-year breakout is confirming as the price rebounded on the upper-channel resistance during the last 3 weeks.
3.50p/5.15p target 3rd swing Summer 2020 - BULLISHCheck timeline properly.
Every year around spring a swing starts on the upside as we kick start drilling operations.
BoD are all aligned with shareholders at a much higher price, why? because they believe in the project.
We ask ourselves why they would do a placing now? Because that's what normally mining companies do ahead of drilling as they need the cash.
Why BoD didn't go in at a cheaper price? Perhaps they are all inside & can't buy. Bear in mind Directors (non-NED) have all about 10% together.
plant operating, high grade oxide deposit drilled (CE) & found massive sulphides.
Barrick as potential suitor for the company as a partner
Lumwana mine. It processes lower grade ore and has high costs as ore is I believe contaminated with uranium. 100km from Arcm!
CEO Bristow likes doing deals. Sees copper as area to move into
Regis Resources Head and Shoulders Bottom.I have been reading Bulkowski. Exhaustive amount of information to be digested.
Here is a trend reversal pattern.
Inverse head and shoulders formed on Regis Resources and it gapped up this morning on opening increasing chances of success. The tall and tight nature of the formation is also a predictor of success. Average gain on this pattern is around 30+% according to Bulkowski
GOLD and mining stocksrequest on what i'm watching. too many to list and watch. feel free to comment on your fav's...
Long Perth MintPerth Mint has positive MACD with stochastic between 30-50 and the trend is moving upward.
I see it as a profitable long.
$NAK - Spec Gold Play Huge Upside 10 X++++++++++++++++++++++++++NAK , trading at .39 - .40 currently is waiting for a major catalyst with environmental impact statement approval
This would open the world’s biggest undeveloped gold silver and copper mining project,
Some quick facts, because I think this approval could happen at any time so readers should do own DD quickly because I might be busy to update here
- Pebble deposit is one of the greatest stores of mineral wealth ever discovered
- Recent Insider Buys
- Gold Silver , Precious Metals etc ..looks to be entering a new BULL CYCLE as Global Monetary policy is to debasing currency world wide.
finance.yahoo.com
SCAM idea from borker??Apparently I received a call from a broker today who insited on me buying this CDE stock at 3.48 USD (price they expect to get during today's session).
This company is supposed to have just signed an important contract that will make the price go to 5 or even 6 USD within 3 months. Maximum loss they expect is 15%.
Apparently more than 30 analysts from this company agreed that the stock can only go up. No doubts.
The whole thing sounded so much like The Wolf of Wall Street movie so I just decided to listen to what he had to say for fun. I would never put money over the phone under these circumstances so I decided to test his idea here instead.
Profit 1 at 5.00 USD
Profit 2 at 6.00 USD
Stop Loss at 2.95
Deadline: 3 months
Let's see how bad of a scam it was!
S&P 500 versus GoldThe 1.5-year-old declining resistance line (magenta) has proven too strong for the 4 year rising support (blue) which was broken just last week due to the record drop in the US indices. The drop was due to a combination of a market that had been overzealous and priced to perfection in an increasingly deteriorating economic environment. The coronavirus certainly added fear to the markets as it is looking increasingly likely that the service sector globally is going to get hit pretty hard in the coming months.
This break-down of a 5-year consolidation, especially with an initial fake breakdown and fake breakout attempt, appears to be hinting at gold outperformance over stocks over the next 12-24 months. The ratio needs to continue putting in lower highs and lower lows to validate the gold>SPX thesis. Central banks response to the carnage in stock markets is going to tell us a lot. How stocks and gold respond to the shift in monetary policy will also be extremely valuable data.
I want to stress that with this SPX to Gold Ratio, SPX/XAUUSD ratio, is that we don't know if this pattern is going to break higher or break lower. Breaking higher into a hyper mania similar to 2000 Dotcom is still possible, the next few months will be telling us, but it's also possible we're near the limit that this current stock bubble can maintain. Rates and economic growth were a lot higher in the 90s which you could argue enabled/justified the massive overvaluation. And by many measures (not at all) the current markets are the most overstretched that they've ever been. For example value versus growth is the most skewed its ever been in favor of growth. Commodities are basing at 40-year lows. The gold mining sector versus their own product is the most undervalued it has ever been. If you think gold has the potential to rise 20%, 50%, 150% or more in the coming 1-5 years, then a position in both the metal and the mining sector is a no brainer. Utilizing funamdental and technical analysis we can find the best companies and make timely and strategic purchases over time. Your odds of making a profit are better when you buy something when it is cheaper than normal. Everyone's piling into what's done well for the past several years - that's classic momentum investing and can cost you dearly if we're near a significant top in US indices. I much prefer buying things when they're on fire sale.
Be watching how central banks respond and how gold and spx respond to the central banks. This multi-year triangle consolidation is coming to an end and when these triangles breakout in a direction, it is not uncommon for it to be followed by extremely volatile moves in the direction of the breakout that can last for years.
Nordic Mining $NOM.OL is one to watch for 2020Nordic Mining prepares for lift-off
There hasn’t been a greenfield development of a mine in Norway for between 30 and 40 years but Nordic Mining is looking to change that via construction of its flagship Engebo rutile and garnet project.
www.mining-journal.com
Nordic Minining OSL:NOM just presented their Definitive Feasibility Study for the Nordic Rutile project at Engebø, Norway.
Once financing falls into place for this up and coming mining company, this stock should be a buy and own asset for the next decade.
Exercise extreme caution in the short term.
Engebø Rutile and Garnet
The realization of the Engebø project will establish Nordic Mining as a long term supplier of high grade rutile and garnet products.
www.nordicmining.com
K92 mining on an absolute tearK92 has been having a very good couple of months.
The parallel trend channel established recently is strong. The MACD is going off the charts, however, suggesting potential trouble ahead. For now, the bulls remain in full control.
Gold Miners - SPX500 Ratio: Opportunity of a LifetimeAs you should know, ratios are measured from 0-1. The Gold mining sector hit its all-time high in 1984, registering a 0.9 on the ratio.
An individual company can go to zero, but an entire sector like metals cannot unless humanity gets wiped out. The mining sector is the closest to zero it has ever been. The last time it was this low was when gold bottomed in the year 2000 and the ratio bottomed at 0.03. Currently, the ratio sits at 0.025. I couldn't figure out how to make tradingview show additional decimals. In 2011 the ratio hit 0.2. That move from 0.03 to 0.2 from 2000-2011 was a roaring bull market in metals.
In the next chart, I'm going to publish, you will see that not only is the gold mining sector the cheapest it has ever been versus the US stock market, it is also the cheapest it has ever been versus the price of gold itself. For those paying attention, the opportunity in precious metals is right now.
A lot of investors right now are suggesting to sit on cash in preparation to buy a crash. In my opinion, the cash you should be sitting on is metals, not dollars. The mining sector is a long-term hold in my eyes. I also see intermediate profit opportunities in swing trading the metals in the 6-12 month TF.
AXM.V -- $47M mcap play with a proven $900M+ GOLD depositAXM.V should be on the radar of every #gold investor. $47M mcap company with NI-43-101 compliant resource worth $700M+ USD in the Central African Republic and other promising projects in Africa. Rapidly improving security situation and recently announced strategic partner point to a major opportunity, imo.
Bullish MACD cross on the daily chart, bullish RSI/Stochastic following a gap up on the Strategic Partnership LOI announcement. The line "First Strategic Partner" in the latest news release seems to indicate that more material developments are on the way.
BARRICK FINALLY TURNS AROUND! SOLID EARNINGS! STRONG BUYROCK SOLID EARNINGS REPORTED THIS MORNING
Barrick Gold (GOLD) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.06 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 21.43%. A quarter ago, it was expected that this gold and copper mining company would post earnings of $0.10 per share when it actually produced earnings of $0.15, delivering a surprise of 50%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Barrick Gold, which belongs to the Zacks Mining - Gold industry, posted revenues of $2.88 billion for the quarter ended December 2019, surpassing the Zacks Consensus Estimate by 0.84%. This compares to year-ago revenues of $1.90 billion. The company has topped consensus revenue estimates two times over the last four quarters.
Great Job Mark Bristow, CEO
Semafo (gold mining) has significant upsideImproving gold prices and reopening of tentatively closed mine in Angola leads to strong upside potential. Fib level at 0.236 confirmed increasing likelihood that 0.382 is next stop.
