Sean Brodrick – Wed 20 Nov, 2019

Where to look in PM stocks moving into next year

Sean Brodrick kicks off today with his thoughts on where the best options are for metals investors. With major gold companies and silver stocks leading the sector will the money trickle down to the juniors in the near term?

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Comments:
  1. On November 20, 2019 at 8:30 am,
    SilverDollar says:

    http://news.goldseek.com/GoldSeek/1574245274.php This video I found very worthwhile. Gary sees the Bullion banks (owners of comex shorts in gold) as behind the eight ball. They seem to have found some force that is willing to challange their positions. Things could blow big if they can’t get relief from some of their huge position.

  2. On November 20, 2019 at 8:55 am,
    Matthew says:

    Sean Brodrick is always good and he knows a bull market when he sees one. Those calling gold’s breakout a “fake out” are fake analysts.
    The following GLD chart shows why gold is running into significant selling in the 1475 area and probably won’t see a new high this year but it also shows that gold has been and still is very strong — as in bull market strong…
    https://stockcharts.com/h-sc/ui?s=GLD&p=W&yr=7&mn=7&dy=0&id=p49449056861&a=701465400

    Silver and the junior miners are a different story and will probably move up significantly before the new year (while gold and the senior miners still do well).

  3. On November 20, 2019 at 9:02 am,
    b says:

    Interesting talk about pot companies.

    They are following the course I mentioned some time ago.
    They go nuts until people realize they dont make money and they will have to be valued as any other company selling anything else.

    Couple things, “skunk” is good pot…really good, its called skunk because it stinks.

    The pot companies are not making money in Canada right now because there are not enuff retail outlets licensed, last I read at least 50% of sales in Canada are not legal.

    Without going into which company is doing what I’ll just say the pot industry is still experiencing growing pains.

    With any luck when things do get worked out the potstocks will have fallen enuff to be 5-10 baggers.