Doc is shifting his focus to something other than gold stocks – Listen to find out where he sees value now
Doc is back and shares where he is finding value in stocks. We start with his thoughts on gold, GDX, and silver. Then we move to the area and stocks that he is watching and has been buying.
KER webinars – I have 1 webinar this week with IsoEnergy. IsoEnergy is growing a new Uranium discovery in the Athabaska Basin. The webinar is tomorrow April 29th at 1pm PT. Click here to sign up
Bonzo, have you seen the big move by NAT the last 2 days?
Yes, but I sold my NAT long ago.
Bonzo, I’ve owned a ton of AXU for some time and continue to add tads on every pullback. I love the fact USAS has come off its’ highs and am adding on every pullback. I also own EXK. The prettiest woman in my view is my wife of many years. The current crop has to do artificial machinations to bring them to the beauty they want—they don’t understand however that natural beauty is the best there is. Our governor recently caved to pressure and changed her mind on a lot of restrictions. Better late then never.
Good picks Doc. I also own all 3 AXU, EXK, and USAS and have been buying the dips in that trifecta as well. Lots of room to run higher for these miners.
Ever Upward!
By the way I agree that Uranium miners are acting rather peppy. I was adding to a few of mine like UUUU, URG, UEC, NXE, and AEC in mid March, and now realize I should have added more than I did, however, I’ve been thrilled with the action lately on the spot price moving higher, the supply destruction all over the globe with hardly any production online other than in Kazakhstan, and then Cameco with both large mines on care and maintenance and a decision to make about buying in the spot market, or wrangling in a few utility buyers to make them a longer term off-take agreement at much higher prices — either way prices will keep moving higher in the high $30’s in the medium term. Of course the real fireworks in the sector won’t start until prices get back into the high $40’s and low $50s.
Ur-Energy (URE) (URG) – To know it’s not a surprise
CRUX Investor – Apr 24, 2020 #VIDEO
Interview with Jeff Klenda, President & CEO of Ur-Energy (TSX: URE, NYSE: URG)
Klenda gives us his take on the US Dept of Energy’s announcement yesterday. The release of the document Resolving America’s Competitive Nuclear Energy Advantage.
The market had a mixed view with retail investors expecting more detail about how the uranium miners would benefit from an overhaul of the nuclear energy complex. Klenda is more circumspect and details what he believes the impact will be.
1:56 – US Nuclear Working Group Announcement: interpretation and Market’s Reaction
5:36 – Important Report Yet Little Specifics: What This Means for Uranium Miners
10:46 – Devil’s in the Detail: Ur-Energy’s Future Involvement
12:38 – Concerns of Geopolitical Security: Agreements with Russia
17:26 – Spot Price: How Will the Announcement Affect it?
22:46 – Next Piece of News: When and What Should be Expected
In addition to mostly US based Uranium stocks (except for my Nexgen position), I still eventually plan on adding more of the Canadian companies as things proceed higher. I’ve owned Denison, UEX, ALX Uranium, in the past, and would be interested in picking up Skyharbour, IsoEnergy, and Purepoint as well.
I’ve also done well in the past Centrus (LEU) and Lightbridge (LTBR) as nuclear fuel companies, but unfortunately missed their recent moves higher.
Still for now there has been solid action in the US-based companies. I’d consider adding Azarga to the the mix in the US as well, and maybe Laramide, but I’m mostly stocked on Ur-Energy, Energy Fuels, UEC corp, and Anfield Energy.
Ready for the Uranium sector to really awaken and get on the move. Just the recent blips lately have been pretty exciting.
MD spouting bullchit?…what
https://www.naturalnews.com/2020-04-28-two-doctors-california-statistical-nonsense-coronavirus.html
lol
Mike Adams “defends liberty” but thinks lockdowns were necessary. THAT’s an lol.
Smashing rights “for the greater good” is how despotism begins.
true..but he was trying to emphase mitigation…While commenting on the whole unnatural crisis is the ploy to impliment the globalist controls…Two seperate problems..
mitigation
globalism using virus as control trigger
emphasize…sorry past my bedtime…
and he points out that the mitigation may still be a failure, only known in retrospect…
and that the globalists may actually over sell the viral thing successfully into a global forced binary vaccination euthanasia mechanism…
unprecedented events to say the least
Someone on another site shared this from Bob Hoye: “Today’s hysteria about the SARS-CoV-2 flu has been a deliberate promotion by ambitious control freaks.”
Hoye is right.
Matthew has seen this work…worth repeating….
https://www.youtube.com/watch?v=eq3jjzI8Gdo
treachery and deceit and false narrative to control the herd….nothing new under the sun…the false prophets always have words for you and then you give your monies for this worthless transaction…You hope THEY are smarter than you…they are not…they are frauds hiding in their systems and beating you with their legal defense mechanisms and other worse punishments…GLTA
They want you dead fool..
https://www.brighteon.com/68c3afc6-b2ec-4b51-8d3c-96aa968b5c98
WHO CDC ECDC NHC
That is the data source…The data comes from the corrupt system, true…. but statisticians adjust for bias all the time…so, not insurmountable correction….
I just finished watching Chris Martensons pod cast and he has a good way of accounting for the Covid fatalities.
You find out what the average death rate is and attribute the number of deaths after that to Covid.
https://www.youtube.com/watch?v=OJVXwzF93Qc
The miners are getting ready for big moves and I bet it’s a good sign that so many have been shifting their focus away from them.
Important resistance just above for XAU…
https://stockcharts.com/h-sc/ui?s=%24XAU&p=W&yr=11&mn=9&dy=0&id=p41463586829&a=618520531
GDX:DIA hit resistance last week:
https://stockcharts.com/h-sc/ui?s=GDX%3ADIA&p=W&yr=5&mn=5&dy=0&id=p90659082667&a=725998743
Hi Mathew:
I know this is Doc’s blog but I am going to take the time to address your comment about people wearing masks being “Sheep”
Here is the comment:
Most people wearing masks are sheep. If your youngish and healthy and never wore one for the flu, your a sheep.
The first thing I’m going to say is that you wear a mask not to protect yourself, but to keep from infecting someone more vulnerable than yourself.
You know like thinking about some one other than yourself. If you are lucky enough to have a n-95 mask, you will be protecting your self as well.
Dr Chris Martenson Phd in Pathology has been on top of this since the get go and he has stated many times that there is much more to learn. He has continually pointed out that this is much more than a “flu”
I have all the time in the world for you Mathew, but you are way off base on this.
Hi John, I’m pretty sure Martenson has no degrees of any kind in pathology.
I disagree about the reason to wear a mask. In fact, I disagree strongly. The same goes for any reason to take vaccines. Embracing personal responsibility in all aspects of life is among the highest virtues and reflects the opposite of selfishness.
Just think, if a lot more people would take care of just one person, (thyself), there’d be much more peace in the world. It’s a show of respect that you do what you can to avoid burdening others. Then those truly unable to provide for themselves would receive all the charity they could ever need, and not just monetarily. My view on this would not change even if I am “way off base” on the virus.
Mr. Kruschke,
This is an engineered fascist marxist communistic take over. Our unsustainable monumental debt and our economic conditions in the last couple quarters was deteriorating rapidly. The false flag covid-19 was used to divergent the attention and exonerate The Western Imperialists Central Planners who control the world from being held accountable from a once in a generation historical epic economic collapse. This is the reset in the first stage or phase.
The first stage of communist society before the total disappearance of capitalism. Control exercised by the associated producers in planning the economy and, with it, all of social life.
Exactly right. The virus is absolutely nothing compared to what the central planners are up to.
This will be much bigger than a “once in a generation” collapse.
I concur with the both of you on this, that being said I don’t plan on dying anytime soon
Regardless where the virus came from, This is an epic Government failure on multiple levels.
I have said before that the economic collapse was just a matter of time. Admittedly the FED and the Central banks have kept the ponzi going longer than I expected.
The comment was about wearing a mask. It would be nice if the both of you could stay on point.
John, I addressed the mask.
Hi Mathew:
You also referenced a flu.
We are less than 4 months into this and the U S Fatalities have surpassed both the 2017-2018 and the 2018-2019 flu seasons.
You have to look nook no further than the Aisans how they got a handle on Sars and Mers wearing masks.
I agree that the lock down was overblown and the hit to the economy is going to be severe.If everybody had a mask on, there would be no need for isolation. Of course you cannot even buy a decent mask yet.
Mr. Kruschke,
The mask is to prevent the public from communicating to inhibit and restrain to band together to fight this tyranny. This is social control. Its Nazi fascist Marxist communistic phase one roll out.
John, the deaths are vastly overstated.
Josey:
It if this is an orchestrated financial take down,How come they don’t let the stock market collapse?
Why did the Aisans finally get a handle on SARs and MERS wearing masks?
Mathew:
I adressed the death number already. Take the average number of deaths and the number after that attribute to Covid.
Mathew:
The average number of deaths prior to Covid.
The average number of deaths after Covid.
There is your number.
John,
This is only phase one. It’s all being orchestrated because they don’t want to cause the financial system to completely be annihilated at this point in time until they have everything in place to control the populace.
Covid-19 is massive fraud on a global scale please click on the link below. The Western Imperialist Elite Central Planners have unlimited amounts of capital. Trillions at their disposal they control every nation on earth except for Iran and North Korea and a couple others. That’s soon to change that’s why Kim Jong Un may have gone into recluse. Regardless, all the propaganda how Gates, Bezos and Buffett all these billionaires are so rich it doesn’t compare to the elite Central planners they have trillions of dollars to change any outcome they want. These are very very wealthy families who are trillionaires, the Rothchilds etc. JP Morgan in the early 20s comparatively adjusted for inflation had a net worth of over four hundred billion dollars at that time. Donald Trump was placed in office by the elite Central planners because they knew they could deceive the public into believing that the economy was going to be great because he’s a successful billionaire. What we’re experiencing now is only a minuscule fraction of what’s to come in the monumental historic financial crash that will be unleashed in phase two and so on and so forth.
John, the NYSE dropped 40% in 4 weeks versus gold and 38% versus the dollar. Is that not a collapse? BUT, Josey didn’t make the claim that you say he did. Economic collapse and market collapse are two different things, especially when the latter is denominated in a currency that is collapsing in purchasing power. The Fed is going to destroy the value of the dollar and that is supportive of the nominal value of the stock market. Stocks might hold up or even rise from here nominally but will go much, much lower in real (gold) terms.
Remember, this is a reset and far from completion. This is a reset that the citizens and the populace all over the world will be enraged as austerity measures will be implemented because of monumental colossal debt including all government’s, public-private, municipalities, and cities are in debt past their eyeballs especially America are all unsustainable. The reason for the catastrophic new paradigm reset.
Thanks for the response guys.
I appreciate very much your perspectives.
Every day I become a little wiser.
Thank You
John, you’re welcome. Some of the most highly intellect individuals are completely being deceived including very high net worth individuals including billionaires.
Here’s a quote below that’s more relevant today than any time in history.
They call it The American Dream because you have to be asleep to believe it, George Carlin
Here’s a remarkable clip from George Carlin he predicted this coronavirus pandemic years before it happened. Actually, let’s call it a plandemic. Hands down, it was engineered by the Elite Central Planners for obvious reasons in all the commentary on this thread.
Josey Wales is spot on………Glad to see some with a brain show up…..
Thank YOU BIG OWL……………
OOTB Jerry,
This might be the primary casualty in society no brains required. It’s funny how everyone considers honesty to be a virtue but yet no one wants to hear the truth.
Josey………And that is the truth……..IMO
OOTB Jerry, I hope your hair dryer club friendly ! LMBOTTM 🛎️
Massively bullish big picture:
https://stockcharts.com/h-sc/ui?s=%24GDM&p=W&yr=10&mn=0&dy=0&id=p77696759758&a=715025543
Hi guys! I am back from an involuntary absence (not prison) :).
I´ve traded TXG, SBSW, FR, WDO and NVO back and forth with nice gains. I currently have no exposure to neither and am waiting for a pullback.
Now, I see great bullish sentiment everywhere, esp at Twitter, and cant help to Think we are in for a smaller correction. I sure hope so bc I want in again at lower prices.
What do you Think? Is this going “straight up” (with minor corrections) or are we going to see nice buying opp soon?
Hi Miklo, I think the miners are going higher before they pullback significantly even though they have gone straight up for the last 6 weeks. The juniors look particularly good and if they do pull back from here first, I don’t think it will be very much.
Silver also looks good and should outperform gold very soon.
SLV weekly:
https://stockcharts.com/h-sc/ui?s=SLV&p=W&yr=6&mn=0&dy=0&id=p23186614529&a=727972963
Thanks Matt!
Since GDX broke out of the 7-yr resistance at 31 and now it sits at 33,81, it would make sense it would come back to test the 31. The only Q is when? PLUS, there are two gaps between 31 and 33,8. They should be filled.
https://twitter.com/sich8/status/1255276107986845697/photo/1
What do you Think of the stocks I named before? I know a lot of you like smaller players but I´m kind of fed up with them not performing in this stage. They will have their day but its not now.
Miklo, I agree. The question is one of timing. Will we see a pullback now or a little later? I still think a pullback of decent size will happen later, not now.
Each of your picks look good technically and it’s no surprise that gold-focused TXG and WDO are leading the way. Both are overbought on the daily charts but are just getting started from a weekly perspective. The other three probably have more upside now. You can trade the short term or just hold, in my opinion. You’ll do very well either way.
The sector is in a new phase following the virus/economic collapse and most people aren’t bullish enough about what’s to come. By the same token, people aren’t bearish enough about the implications for society in general.
GDX is now battling major speed line resistance that is based on its all-time high and all-time low:
https://stockcharts.com/h-sc/ui?s=GDX&p=W&yr=10&mn=0&dy=0&id=p43785937822&a=542616395
GDX daily chart breakout:
https://stockcharts.com/h-sc/ui?s=GDX&p=D&yr=1&mn=0&dy=0&id=p69281767853&a=737051172
Silver is finally getting ready to move:
https://stockcharts.com/h-sc/ui?s=%24SILVER&p=W&yr=9&mn=3&dy=0&id=p10796440872&a=745125344
But lots of resistance starting around 16.50…
https://stockcharts.com/h-sc/ui?s=%24SILVER&p=W&yr=7&mn=3&dy=0&id=p54508458256&a=547788271
The 50 week MA has (bullishly) crossed above the 200 week MA for the first time in almost two years:
https://stockcharts.com/h-sc/ui?s=%24SILVER&p=W&yr=3&mn=11&dy=0&id=p09105368494&a=607925717
Silver broke out of short term fork resistance today:
https://stockcharts.com/h-sc/ui?s=%24SILVER&p=D&yr=1&mn=5&dy=0&id=p57552536075&a=647228156
Fork yeah! Silver, it is time to get on your bike and ride…
“Get on your bike and ride”…… referencing Queens Fat bottom girls by any chance??? 😎
Good one!
https://www.youtube.com/watch?v=LjnDKle4t8s
Greg Hunter
War on the middle class (Mike Maloney)
https://www.youtube.com/watch?v=md57kUylmuw
Those who have a problem with free markets should hear what Mike has to say.
Fed pledges to keep rates near zero (steal from you) until full employment, inflation come back
https://www.cnbc.com/2020/04/29/fed-decision-fed-pledges-to-keep-rates-near-zero-until-full-employment-inflation-come-back.html
SILJ and GDXJ look great compared to GDX and that is a bullish sign for the sector in general.
SILJ:GDX has an RSI(14) reading above 50 for the first time in four months:
https://stockcharts.com/h-sc/ui?s=SILJ%3AGDX&p=D&yr=0&mn=7&dy=0&id=p88790753674
Hey Doc!
Are taking som profits here or are you adding/neutral?
Doc, I am glad your governess will now let you ride your motorboat and jet ski, mow your lawn, and visit your summer cabin. Has she cancelled the cherry seed spitting contest this year? Don’t forget that Ann-Margret turns 79 today and Julie Christie just turned 80. Which did you like better? Or did you prefer Ursula Andress or Irene Pappas? Why is it that the movie actresses of 50 years ago were so much prettier than the current crop? Is this because of global warming? Glad to hear you like HL and SSRM. What about AG, PAAS, USAS, EXK, WPM, and AXU? I own all as well as HL, SSRM, and PSLV.