Volatility has taken over with risk on being the preferred trade again

March 1, 2021

Michele Schneider, Managing Director of The Marketgauge Group joins me to discuss how volatility has perked up in a wide range of sectors. Clearly investors are directing money at risk-on assets and Bitcoin. Bitcoin is interesting after the comments from Citibank regarding international acceptance by traders.

    Mar 01, 2021 01:33 PM

    Big Al and Doc might be buying bitcoins today but Bonzo just loaded up the truck with TLRS and hopes that they and NULGF will find elephant gold deposits in Nevada this year.
    It’s not easy to buy IRVRF and TLRS as there’s not much volume.

      Mar 01, 2021 01:07 PM

      Bonzo – As always, good luck to you in your trades sir, and I hope you hit it big in those.

      For today I added to my positions in Silvercorp Metals, Santacruz Silver, Northern Vertex, Integra Resources, Wallbridge Mining, and Defiance Silver. The only selling I did was trimming back some of my Fortitude Gold position.

        Mar 01, 2021 01:33 PM

        Ex, good luck to you too. Maybe gold will find a bottom soon and go back up to the Aug highs and beyond.

          Mar 01, 2021 01:39 PM

          Thanks Bonzo. Yes, looking forward to gold finding bottom, and then making the next run higher.

            Mar 02, 2021 02:36 AM

            Gold Forecast – Expecting a Bottom in Gold this Week

            AG Thorson – March 01, 2021 – FX Empire

            “Gold is below the November low, and our Gold Cycle Indicator reached its maximum bullish reading of ZERO (0). The conditions are ripe for a bottom, in our opinion.”

            “The uptrends in silver and platinum remain strong, and prices continue to lead gold. I see the potential for a breakout and sharp advance over the coming weeks in both these metals.”

            “Several gold miners are back to pre-Covid price levels. I view this as an excellent long-term opportunity and believe we will look back at today’s prices as a gift.”


        Mar 01, 2021 01:39 PM

        I saw the overnight activity after a good start last night. Turned off the computer and wrote off another day.

        Mar 02, 2021 02:14 AM

        Added to ELRRF @ $3.05

    Mar 01, 2021 01:35 PM

    CIti Bank is Like Fauci………Con Jobs…..

    Mar 01, 2021 01:56 PM

    Good thoughts from Michele today. That was a big move higher today of 47% from Canaan Inc (CAN), that she mentioned. They build the bitcoin mining hardware, so it makes sense that the companies selling the “picks & shovels” of the crypto mining world should do well. That’s an interesting angle to play things from.

    Mar 01, 2021 01:41 PM

    First Crowline/BackBox272 may break.

      Mar 02, 2021 02:26 AM

      Humm……is that good management……..
      One in the hand, is worth two in the bush…… 🙂

        Mar 02, 2021 02:33 PM

        Orezone is a Gold focused company, and they didn’t even account for their minimal amounts of Silver in their economic studies. If it was a substantial part of their operations, I’d be against streaming the Silver, but in this case the Silver is not consequential, so raising these funds off a silver stream to continue their exploration to expand their gold resources, without further diluting existing shareholders with any more private placements was good management indeed.

          Mar 02, 2021 02:59 PM

          I will take your word for it, …..since , I have no skin in their game…. 🙂

    Mar 02, 2021 02:48 AM

    (SGI) (SUPGF) Superior Gold Announces High Grade Extension of Plutonic’s Western Mining Front

    March 1, 2021

    – Drill hole UDD23656 intersected 13.7 g/t gold over 8.8 metres
    – Drill hole UDD23653 intersected 52.7 g/t gold over 1.0 metre

    Mar 02, 2021 02:59 AM

    (GBR) (GTBAF) Great Bear Expands 2021 Drill Program: $45 Million Budget and 200+ Drill Holes

    March 1, 2021

    Mar 02, 2021 02:54 AM

    Nice deal for one of matthews favs. Brixton news

    Mar 02, 2021 02:10 AM

    Gold update!ppp

    Good job to the investors that purchased these last two days! Wishing you all the best. I’m no guru but we are awfully close to the bottom..In fact the “ Monthly red candle for February May prove to be the low on a monthly perspective.. That’s what I had envisioned but doesn’t not mean it is factual as of yet. However I like the movement of what I’m seeing. We had what I believe to be a couple of daily smashes with red candles grinding lower all the while getting super tight like a bottoming formation is very close.. I think today is another car bounce in the miners and would like to see a good down down two days in a row with the miners and gold going into that $1682-1695 level and turn Friday with volume.. I’m not sure about you Matt if that can happen I think we are really good to go! That’s what I’m sensing.. I mean I did mention a bit lower in the $1670-$1680 ish but prefer the higher $1691 ish Matt had mentioned as well.

    Get ready imo to make “possibly” some last purchases if this is the bottoming action we see the pattern I’m following does show a violation of that $1707 low on gold which means it breaks that low but not by a lot puts us in that $1688-$1694 range..

    Till next time all the best..

    Have been a buyer of all the stock I own in my portfolio and heavy on two specifically iamgold included!


      Mar 02, 2021 02:54 AM

      Thanks Glen……………Only one more thing to consider …..the new YCC >>. YIELD CURVE CONTROL….from the Fake Fed…… 🙂
      You heard it here first…. lol…. 🙂