A High Level Look At A PM Bull Market
David Erfle, Founder of The Junior Miner Junky joins me to take a look at the precious metals market and the bull case right now. There is a process for the bull markets and for the PMs gold moved first, then the majors, then silver just last week, and now the juniors are moving. This is all very encouraging for the gold and silver investors. We then look ahead to after summer and the potential for M&A activity in the sector.
As David offered if you want him to take a look at your portfolio please email me at Fleck@kereport.com.
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Frank for a day.
https://www.youtube.com/watch?v=oMZ4mZ4KA7w
6.07 mark……Filmgate…
XAU…weekly 9/18 low has an AB=CD up completed…Then from the 8/16 high of 114.71 that X point we have retraced .601 back up with this ABC up……..This pattern is a classic perfect Gartley Sell pattern…..Just saying…We do have dying volumes around here…I suspect barring geopolitical stuff we will know by Friday if up or down on miners is correct…Use stops
Gold going higher…….forget the charts………
https://www.zerohedge.com/news/2019-07-23/trump-ok-war-against-iran-now
While President Trump’s position on Iran tends to change with little notice, he backed away from his insistence that he doesn’t want war with Iran on Monday, saying now of the war “it could go either way, and I’m OK either way it goes.”
Trump
Next Wave……your savings good bye….
https://www.zerohedge.com/news/2019-07-23/chinas-nasdaq-style-exchange-sinks-day-2-biggest-traders-lose-1-billion
Ethics Complaint Filed Against Rep. Ilhan Omar; Accused Of Immigration, Tax And Student Loan Fraud
(ORE) (ORZCF) Orezone Gold Corp – Getting it Right in West Africa
by @CRUXinvestor on 22 Jul 2019
A great West African gold story, with a very simple and effective approach to mining. The management team has a long track record of making shareholders money by creating meaningful mining businesses. They have increased their NPV by $140M since we last spoke to $360M.
Their project in Burkina Faso is surrounded by large Gold companies such as B2 Gold, West African Resources, Endeavour, Semafo. They also have large gold investment funds such as RCF, VanEck, Equinox and Sun Valley invested.
Federal Judge Held Robert Mueller Had No Evidence to Support Russian Government …
(ORE) (ORZCF) Orezone Gold Corp – great conversation with Matthew of CRUXinvestor, thanks a lot Excelsior for highlighting this one again, personally I’ll be hoping to see it drop to 0.60-0.65 to grab a piece, but won’t be surprized if market takes it away from me within the next few days, which it looks like , will be all about buying 🙂 and the complex going up
Yes, agreed. That was a good interview with Orezone, and I see it and Hummingbird as 2 likely takeover targets in West Africa. Some of the larger companies may even try to acquire Roxgold or Asanko before things get too heated up in the space.
I like that Orezone navigated their way out of the resource estimate snafu 2 years back and have put out some very solid (even conservative) economic reports lately. ORE is going to be mine, it just comes down to who the operator is going to be.
Cheers!
Good time to buy gold
Ag and Pt moving quite nicely, thank you.