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Has the sentiment in gold stretched too far too quickly?

Cory
June 27, 2019

Brian Lundin, Editor of the Gold Newsletter joins me to share his thoughts on the move in gold. We focus mostly on the sentiment in gold which has reached levels not seen since the peak in 2011.

Click here to visit the Gold Newsletter website.

Discussion
33 Comments
    cfs
    Jun 27, 2019 27:05 PM

    https://www.youtube.com/watch?v=d6GUxl4ZxDU

    RT saying good things about US ? !

    cfs
    Jun 27, 2019 27:13 PM
    cfs
    Jun 28, 2019 28:02 AM

    OFF TOPIC: The Death of FAKE News:

    https://www.youtube.com/watch?v=QWW016HzeSU

    cfs
    Jun 28, 2019 28:12 AM
    Jun 28, 2019 28:00 AM

    The Next Bull Market Move Interview – Mike Blady, president, CEO and director of Golden Ridge Resource (GLDN)

    by @bullmarketmove on 28 Jun 2019

    “I believe that every dollar that gets put into the ground in the Golden Triangle is great news for junior explorers in the area. Each year there are more and more large companies looking for opportunities to enter the Triangle and this is directly correlated to the amount of money raised and deployed by the junior explorers. As the price of gold hits six-year highs and the exploration season picks up, I foresee an exciting 2019 for Golden Ridge and its peers in the Golden Triangle.”

    “This year we will be focusing our drilling on the Williams Zone (WZ) as well as following up with some of our high-grade gold hits from last year. We have a much larger and more powerful drill rig this year which will allow us to test the Williams Zone at depth as well as continue to expand the strike length of the zone. Last year we saw an overall increase in grade at depth on the WZ but we were limited by our smaller drill rigs. This year we are going to try and drill some deep holes to get a true picture of the potential of the WZ.”

    “For us a successful drill campaign would be to increase the size of the Williams zone both laterally and at depth and we hopefully will have enough drill data from the last two years to start working towards a maiden resource at the Hank.”

    https://ceo.ca/@bullmarketmove/the-next-bull-market-move-interview-mike-blady-president-ceo-and-director-of-golden-ridge-resource-june-2019

    Jun 28, 2019 28:15 AM

    Long time no see EX,

    Time for a Turnaround :EGO

    https://seekingalpha.com/article/4272493-eldorado-gold-pause-think-next-move?dr=1%20good

    EGO Looks ready for positive news, the Greece election 7 july. The polls show a mining friendly political party in the lead.

    I bought some EGO yesterday. The new baby bullmarket is just started.

      Jun 28, 2019 28:03 AM

      As I mentioned yesterday, EGO’s technicals look very promising

        Jun 28, 2019 28:43 AM

        Hi Richard/Doc
        I know you pointed out that EOG bollinger is narrowing the most
        in a monthly perspective. I hope and think it would break out long term on the upside.

        I bought another interesting stock as well, New gold inc. It seems to have responded well to higher gold price and looks to me it could run along as long as we stay above 1400 usd on gold. It seems NGD had been beaten down a lot lately but now shows some life.

          Jun 28, 2019 28:44 AM

          Typo: EGO

            Jun 28, 2019 28:11 PM

            Even Matthew has recommended both of these stocks EGo and NGD and in both cases higher goldprice is very good to those cause they have relatively high AISC and some other issues. But lately they have some potentially good news on their way. They ate rusky but at the same time it could be very rewarding if everything goes their way

            https://www.google.se/amp/s/www.fool.com/amp/investing/2019/06/25/heres-why-new-gold-rose-as-much-as-146-today.aspx

            Jun 28, 2019 28:25 PM

            Yes, it’s due to their “issues” and high AISC that I said that both “can deliver gains to match those of companies one-tenth their size.”

            On June 24, 2019 at 2:44 pm,
            Matthew says:
            If you want liquidity as well as leverage, you might consider EGO and NGD. Both are appealing technically and can deliver gains to match those of companies one-tenth their size.

            Jun 28, 2019 28:51 PM

            Hi Matthew!
            I must admit that you are a true master on spotting those rare undervalued stocks with your fantastic technical anslysis. I have been around kereport for some years and everything you suggest or point out ( often something valuable) you do it with charts or other documented info. Its really worth a lot the things you contribute to this site.

            Thankโ€™s Matthew, and im looking forward to the next 5 years of a fresh bull market in gold/silver together with you and Kereport.

            Well of course I must conclude Excelsior, who contributes with his large and one of a kind library of companys/stocks which always are relevant and full of important and highly valuable info,
            thankโ€™s EX!

            Jun 28, 2019 28:56 PM

            That’s kind and generous of you, Blue, thank you!

            Jun 28, 2019 28:56 PM

            Sorry my bad english EX, i dint mean to conclude you , hehe
            I meant include you of course

            Jun 28, 2019 28:49 PM

            Hi Blue. Good to hear from you and thanks for the kind words.

            I agree with you about the value that Matthew brings to the KER and I do my best to point out interesting sector news on commodities, individual company stories, and technical/fundamental setups that look relevant.

            Ever Upward!

            Jun 28, 2019 28:49 PM

            Haha! Yes, thanks for not concluding me yet.

            I want to live!! ๐Ÿ™‚

            Jul 05, 2019 05:44 PM

            Matthew is also a dickhead.

    Jun 28, 2019 28:40 AM

    Boys! You better open up your wallets wider for gooooberment! You are getting millions of new “migrant” friends and hundreds of billions will be needed for more welfare spending. And now their coming from Africa. How do you think they get from Africa to Mexico to then invade the border??? Can you say Soros?

    And the Demorats are demanding you pay their healthcare.

    https://nypost.com/2019/06/27/trump-slams-dems-for-backing-health-care-for-undocumented-immigrants/

      Jun 28, 2019 28:47 AM

      No Way…….the morons are getting in Office……LMAO
      The only thing they got going….is Hope ..and better Hope no one finds out what they are doing to AMERICA… ๐Ÿ™‚

        Jun 28, 2019 28:56 AM

        Harris ……is lucky ….she had a bus to ride on , in the 2nd grade….
        Sorry, she had such a bad experience, but, I bet she got a better education on the count of the bus ride out of poverty……JMO
        Lemons to lemon aid………think positive., do not take the above comment as racial…
        Right now……..the school system stinks, and LbGT.XYZ is not cutting the mustard..

          Jun 28, 2019 28:01 AM

          Harris is nothing but a criminal. As AG of Commiefornia she proved that. And she slept with Willie Brown to get where she is today.

          Ride the bus? Someone should have thrown her under the bus.

            Jun 28, 2019 28:16 AM

            Last night she was complaining she had to “ride the bus”…to a school outside her neighborhood…..

            Jun 28, 2019 28:27 AM

            I can’t watch those Demorats…turns my stomach…but I did listen to Woods…he interviewed Lew Rocketwell on it…both of them watch the debates for me. ๐Ÿ™‚

            Jun 28, 2019 28:27 AM

            Rockwell! Dang iPad!

            Jun 28, 2019 28:43 AM

            I watched to see some comic relief…. ๐Ÿ™‚

            cfs
            Jun 28, 2019 28:35 PM

            Harris is indeed the progeny of the scum San Francisco Democrat machine.
            She is a liar, a serial liar.
            Never forget:
            https://newspunch.com/kamala-harris-grandmother-plantation-slave-owner/

        Jun 28, 2019 28:59 AM

        It’s already happening in Commiefornia, Jerry.

        Governor Gabby Nuisance has brought back Obammy’s individual mandate to fine people who refuse to be raped by the medical mafia.

        And he’s going to use the individual mandate fines to pay for the health care of illegal aliens.

        If he and Soros and many other criminals have their way the rest of the USSA will do the same. Did you listen to the DemoRats the last 2 nights? They all want this.

          Jun 28, 2019 28:10 AM

          Commies are going to have a fight on their hands…….in the Heartland
          When citizens have enough crap on their streets, the crap hits the fan…..

            Jun 28, 2019 28:25 AM

            NWO, Banksters, Soros, Deep State…they are doing to the USSA the same thing they did to Germany…break the country through immigration.

            Jun 28, 2019 28:47 AM

            Parents , need to educate the kids……..and not in the public school system….

            Jun 28, 2019 28:16 AM

            And the lgbtqxyz stuff is beyond ridiculous…

    Jun 28, 2019 28:44 AM

    https://www.thetechnicaltraders.com/silver-will-pause-before-going-higher/
    From Chris V…Silver lovers………
    Happy JULY 4th.