Gold Makes Bullish Breakout as Investors Fear Higher Interest Rates $GDXJ

By Jeb

Its been a great week for the beaten up gold investors as capital sought safety as a market panic started. In reality, the stock market was way overbought and needed at least a shakeout which it has done pulling back to the rising 200 DMA. For months I have been early seeing declining momentum and insider selling in the Large Caps. Despite that the share price of large cap equities continued into nosebleed territory. I was taught years ago that the smart investors sell into rising markets and buy into declining markets. That’s how the intelligent investors get in early. You can witness this phenomenon possibly through the divergence between momentum and price as we see in chart below. The trend is a friend until its broken on huge volume. During this week’s market selloff gold remained the true safe haven not crypto as was promoted by the young 20 year old know nothings.

If that moving average does not hold then the 7 year bull market in the S&P 500 could be ending. This fear has helped the beaten down Junior Gold Mines ETF (GDXJ) make a reverse head and shoulders breakout crossing above the 50 DMA and closing above 3 month downtrend. Since the selloff in mid August Momentum has been increasing which usually happens before a classical technical breakout. Smart money buys when prices are declining and before a turning point you can see momentum increasing. When you take inflation into account gold is the cheapest its ever been.

What is causing all this ruckus in the markets? All eyes are on US interest rates which have been dangerously rising to levels not seen since before the 2008 credit crisis. The Chinese may be already selling bonds to fight against Trump Trade Wars. Rising interest rates are already hitting transportation stocks especially auto makers. Soon I expect housing and real estate to get hit and then possibly the banks. Avoid margin debt and adjustable rate loans in this financial environment.

During this brutal bear market in gold and silver as investors chased fake and ridiculous fads, I have maintained my faith in positioning in high quality and well managed junior miners with the ability to survive. Don’t let these manipulated and crazy markets shake you out especially when the fundamentals for gold have never been better. There is about to possibly start a massive short covering in gold if we can possibly hit $1250. This recent summer capitulation combined with record short position on gold could cause a dramatic move once the tides start reversing which may have started this week.

Any more panics or black swan events could cause a possible $100 move in gold. Recently the emerging markets especially in South America, Asia and Mid East are struggling with crashing currencies. JP Morgan CEO Dimon says rising interest rates, declining emerging markets and geopolitical flareups could possible derail the economy.

For months I warned about rising rates and possible margin calls from investors overextended. The USA has a major student loan crisis that could be even bigger that the housing bust.

How am I focusing my holdings? I’m looking for new gold and silver discoveries that could gain recognition from major investors. Exploration has been ignored for years and that is where I see greatest opportunity.

1)I’m interested in the Pilbara Gold Rush in Australia and have been following Pacton Gold $PAC.V $PACXF which is still relatively unknown but could be on a fast track to a discovery. They released news this week which you should read by clicking here… Exploration is underway on two properties. They just acquired more land around Novo $NVO.V and with just a $34 million market cap they have become one of the largest land holders in the Pilbara.

2)Check out $tml.to $tsrmf which I bought some this week which is possibly the most undervalued gold developer in Canada right in Ontario between Goldcorp’s Red Lake and New Gold’s Rainy River. Cash costs could be the lowest of advanced Canadian Developers! Could move higher as gold price improves. Takeout target?

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For informational purposes only. This is not investment advice. May contain forward looking statements.

Disclosure: Author (Jeb Handwerger) owns shares and I want to sell them for a profit. Sponsors are website advertisers so that means I have been compensated and have a conflict of interest to help boost awareness of this story. The content of this article is for information only. Readers fully understand and agree that nothing contained herein, written by Jeb Handwerger about any company, including but not limited to, commentary, opinions, views, assumptions, reported facts, calculations, etc. is to be considered implicit or explicit investment advice. Nothing contained herein is a recommendation or solicitation to buy or sell any security. Author is not responsible under any circumstances for investment actions taken by the reader. Author has never been, and is not currently, a registered or licensed financial advisor or broker/dealer, investment advisor, stockbroker, trader, money manager, compliance or legal officer, and does not perform market making activities. Author is not directly employed by any company, group, organization, party or person. The shares of these companies are highly speculative, not suitable for all investors. Readers understand and agree that investments in small cap stocks can result in a 100% loss of invested funds. It is assumed and agreed upon by readers that they will consult with their own licensed / registered financial advisors before making investment decisions. Readers …read more

From:: GoldStockTrades.com

Trump Signs New Law Boosting US Critical Metal Projects

By Jeb

SLL Interview Template

For many years, I have asked my readers to learn more about our national security being totally reliant on foreign imports of our must crucial minerals and metals needed for our newest technologies. At times I even suggested to contact your local elected officials and make them aware of dire importance of a domestic secure supply of these most critical elements. I have been warning for close to a decade about a coming crisis among modern industrial nations posed by China’s draconian and monopolistic maneuvers in the implementation of a rare earth quota system. See the full article on Seeking Alpha written more than seven years ago entitled, “The Fast Growing Rare Earth Crisis In The United States”.

Fast forward eight years after little support from Obama, the rare earth industry (REMX) as well as other critical battery and clean energy metals such as lithium, cobalt, graphite …etc could receive an important boost. Late last year under the new Trump Administration an executive order was signed ordering federal agencies to end this monopoly of critical metals by China. Lithium Ion Battery materials was identified as crucial for America’s economic future to have a secure domestic supply. See the President’s Order by clicking here…

Finally, our readers are being heard by the highest level of US Government. This could be huge for our US domestic holdings in critical minerals. As my readers are well aware we put top US domestic assets on top of our portfolio list.

Despite this remarkable move by President Trump to end this Chinese domination of our most important minerals, most of our junior mining stocks in rare earths, lithium, uranium, graphite, nickel and cobalt are still completely ignored.

Most investors just are passive and want the trillion dollar tech stocks without realizing none of their little gadgets will work without these materials. Sure we can try to substitute with other metals but your phone may look like this.

This pullback and basing period may be nearing completion soon in our junior miners especially in lithium, cobalt, graphite and rare earths. I expect there to be some significant developments this second half with Tesla possibly turning a profit and reaching production levels for its Model 3.

If you are looking for rare earths in USA the only one that was available on the major US exchanges was Molycorp who owned the Mountain Pass Property. They went under and sold it the Chinese. There is no major cobalt producer in the USA. There are a few US uranium names on US exchange like UR Energy $URG Uranium Energy $UEC and Energy Fuelss $UUUU that could benefit from Trump’s executive order.

For lithium there is just one mine in production in North America operated by Albemarle $ALB in Nevada which was the first lithium brine mine in the world. The US controlled these metal industries for many decades but now just rely on imports from the Lithium Triangle Chile, Argentina and Bolivia.

However, over the past few years lithium prices are soaring, trade concerns are elevated which increases the chances of once again developing new projects right here in the USA. Right now, there are a few companies exploring for lithium but there is one that is developing a new extraction technology that can recover lithium as a byproduct of current chemical brine operations that are already permitted.

Standard Lithium $SLL.V $STLHF just put out data about the lithium grades of its brines in Arkansas that show excellent grades. They are almost done with a maiden resource report which could be published in the near term. The brines come from preexisting oil and gas wells.

Robert Mintak, CEO of Standard Lithium stated “With our key agreements and partnerships in place, a maiden resource report and a demonstration plant on the horizon, we believe the Company’s southern Arkansas projects are set to play a leading role in the next wave of lithium producers.”

“Standard Lithium Reports Up To 461 Mg/L LI From Brines At Arkansas Project”

Southern Arkansas has one of the world’s largest brine resources thats been used by companies such as Albemarle to produce bromine. That brine could also possibly produce lithium. Standard Lithium’s approach is much different than the others who want to build up a new mine from scratch. Here these assets have existing infrastructure and permitting which costs a lot of these new mines years to permit and finance. Standard Lithium has strong backers and raised over $20 million earlier this year to support this development. Despite all this progress, the stock has been trading under a $1 despite the big money being given at $2.10. So the stock is on sale but may not be for long as they start publishing more news about resources and pilot plant. I expect a short term rally to at least the 200 Day Moving Average at $1.75. Look for a weekly close above its 50 day moving average around $1.10.

Listen to a recent interview with Andy Robinson and Robert Mintak by clicking here…

Best wishes,

Jeb

Disclosure: Author (Jeb Handwerger) owns shares and I want to sell them for a profit. Sponsors are website advertisers so that means I have been compensated and have a conflict of interest to help boost awareness of this story. The content of this article is for information only. Readers fully understand and agree that nothing contained herein, written by Jeb Handwerger about any company, including but not limited to, commentary, opinions, views, assumptions, reported facts, calculations, etc. is to be considered implicit or explicit investment advice. Nothing contained herein is a recommendation or solicitation to buy or sell any security. Author is not responsible under any circumstances for investment actions taken by the reader. Author has never been, and is not currently, a registered or licensed financial advisor or broker/dealer, investment …read more

From:: GoldStockTrades.com

Are You Ready For the Fall Fireworks in Gold – Silver After Labor Day?

By Jeb

Over the years, I have come into contact with some of the smartest fund managers in the gold business and the intelligent money was very excited to see this selloff in gold as a long-term discount buying opportunity. Long-time investors know that the summer months are usually down that is why they call it the summer doldrums when investors go on vacation and price and volume levels usually decrease.

July was unique in that you had a very strong US dollar due to the collapse of the currencies in China, Turkey, and Venezuela. A rise in the US dollar coincided with a record short position on gold not seen since the end of 2015 and major retail funds liquidating their precious metal positions. This triple whammy caused a capitulation in gold below $1200 per ounce this summer and new lows for most major miners including Goldcorp (GG), Barrick (ABX), and Newmont (NEM). The junior miners (GDXJ) were hit even harder with many stocks hitting new lows.

One way to go poor in investing is by following the masses. The consensus opinion is usually wrong at turning points. The last time we saw this record short position in gold was at the end of 2015 before a powerful rally. The record short position is actually now even greater than the end of 2015 and coincides with the tech bubble in 2000 when gold was under $300 an ounce.

In addition to this record short position, we are witnessing retail funds leave the precious metals space most notably Vanguard. Short selling combined with huge funds liquidating has caused a short-term panic. Investors know that new uptrends begin after a climax bottom or selling capitulation. Recent volume spikes in early August may have signaled that the selloff peaked.

What does this record short position and precious metals fund liquidation mean to smart contrarian value gold investors?

on seekingalpha for free by clicking here!!! Please comment. I talk about Pilbara, Golden Triangle and Nevada!

…read more

From:: GoldStockTrades.com

NuLegacy Gold $NUG.V $NULGF Could Be Onto Next Goldrush in Cortez Trend 8.7 meters of 16.92 grams/ton gold

By Jeb

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For years NuLegacy Gold’s $NUG.V $NULGF CEO James Anderson has been championing the exploration in Nevada’s highly desirable Cortez Trend believing that his company could be onto what could be the next great gold mine of this prolific belt. Mining investors know that it is on the Cortez Trend where the most profitable and safest mines in the world can be found.

Barrick’s (ABX) Goldrush mine on the Cortez Trend in Nevada could be its biggest winner. Construction is set to start by 2022. “Goldrush currently has proven and probable gold reserves of 1.5 million ounces and measured and indicated gold resources of 9.4 million ounces, with significant potential to identify additional resources once underground access to drill the deposit is established.” (Barrick Website) There have been very few discoveries like Goldrush in the past 20 years.

If Barrick (ABX) wants to come back its success lies on focusing on Nevada. They need to find more Goldrush’s and that is why I believe they are going to possibly buy NuLegacy $NUG.V $NULGF while it is still cheap.

I saw NuLegacy CEO James Anderson when he joined me on a mining and metals fishing trip around the BMO conference in Miami. James said he really was excited about this year’s program and believed they would be successful.

News today looks like his forecast is being proven credible. “Drill hole SR18-02C, a -70º angle core hole drilled as a 100-meter step-out to the west of the currently defined Serena zone, encountered 8.7 meters of 16.92 grams/ton gold within a broader interval of 22.1 meters grading 6.59 grams/ton gold starting at a vertical depth of 258 meters.”

Look at the Board of Directors of NuLegacy you will see former executives for Barrick and Ed Cope who was the lead exploration man for Barrick states, “…The grade is excellent, and reminiscent of the grades Barrick found while drilling Goldrush several years ago.”

Things are moving fast here four follow up holes then about a dozen more in mid-September. NuLegacy hired a Barrick Geologist Charles Weakly who worked on Goldrush. He stated, “Everything we saw at Goldrush exists on the Red Hill property…our methodology for finding higher grades is improving constantly.”

Barrick and Oceanagold are already insiders. Toqueville Gold is also a major fund backing NuLegacy as an insider. You got the smartest shareholders and the best technical team. Remember these guys are looking for a grand slam giant deposit.

As the CEO stated before in an interview “Elephant-sized deposits [are] the goal. That is why we have been given the mandate and the geological brain trust to step out and drill some of these high-impact targets. It’s the home run that people are looking for.”

Please see their latest news by clicking here

Please phone 604-639-3640 contact James Anderson (CEO) at james@nuggold.com, Albert Matter (Chairman) at albert@nuggold.com or visit www.nulegacygold.com send them a quick hello and congrats and let them know you found out about NuLegacy from your friend Jeb Handwerger. It would be greatly appreciated.

This could be just the beginning and the breakout needed for NuLegacy Gold. Please note for full disclosure I am a significant shareholder and they were a sponsor in the past so I may have a conflict of interest and could benefit from a higher share price and increased volume.

Disclosure: Author (Jeb Handwerger) owns shares and I want to sell them for a profit. Sponsors are website advertisers so that means I have been compensated and have a conflict of interest to help boost awareness of this story. The content of this article is for information only. Readers fully understand and agree that nothing contained herein, written by Jeb Handwerger about any company, including but not limited to, commentary, opinions, views, assumptions, reported facts, calculations, etc. is to be considered implicit or explicit investment advice. Nothing contained herein is a recommendation or solicitation to buy or sell any security. Author is not responsible under any circumstances for investment actions taken by the reader. Author has never been, and is not currently, a registered or licensed financial advisor or broker/dealer, investment advisor, stockbroker, trader, money manager, compliance or legal officer, and does not perform market making activities. Author is not directly employed by any company, group, organization, party or person. The shares of these companies are highly speculative, not suitable for all investors. Readers understand and agree that investments in small cap stocks can result in a 100% loss of invested funds. It is assumed and agreed upon by readers that they will consult with their own licensed / registered financial advisors before making investment decisions. Readers understand and agree that they must conduct their own due diligence above and beyond reading this article. Author is not responsible for any perceived, or actual, errors including, but not limited to, commentary, opinions, views, assumptions, reported facts & financial calculations, or for the completeness of this article or future content. Author is not expected or required to subsequently follow or cover events & news, or write about any particular company or topic. Author is not an expert in any company, industry sector or investment topic.

…read more

From:: GoldStockTrades.com

NuLegacy Gold $NUG.V $NULGF Could Be Onto Next Goldrush in Cortez Trend

By Jeb

31503071_1984664684938962_3447470549423357952_n

For years NuLegacy Gold’s $NUG.V $NULGF CEO James Anderson has been championing the exploration in Nevada’s highly desirable Cortez Trend believing that his company could be onto what could be the next great gold mine of this prolific belt. Mining investors know that it is on the Cortez Trend where the most profitable and safest mines in the world can be found.

Barrick’s (ABX) Goldrush mine on the Cortez Trend in Nevada could be its biggest winner. Construction is set to start by 2022. “Goldrush currently has proven and probable gold reserves of 1.5 million ounces and measured and indicated gold resources of 9.4 million ounces, with significant potential to identify additional resources once underground access to drill the deposit is established.” (Barrick Website) There have been very few discoveries like Goldrush in the past 20 years.

If Barrick (ABX) wants to come back its success lies on focusing on Nevada. They need to find more Goldrush’s and that is why I believe they are going to possibly buy NuLegacy $NUG.V $NULGF while it is still cheap.

I saw NuLegacy CEO James Anderson when he joined me on a mining and metals fishing trip around the BMO conference in Miami. James said he really was excited about this year’s program and believed they would be successful.

News today looks like his forecast is being proven credible. “Drill hole SR18-02C, a -70º angle core hole drilled as a 100-meter step-out to the west of the currently defined Serena zone, encountered 8.7 meters of 16.92 grams/ton gold within a broader interval of 22.1 meters grading 6.59 grams/ton gold starting at a vertical depth of 258 meters.”

Look at the Board of Directors of NuLegacy you will see former executives for Barrick and Ed Cope who was the lead exploration man for Barrick states, “…The grade is excellent, and reminiscent of the grades Barrick found while drilling Goldrush several years ago.”

Things are moving fast here four follow up holes then about a dozen more in mid-September. NuLegacy hired a Barrick Geologist Charles Weakly who worked on Goldrush. He stated, “Everything we saw at Goldrush exists on the Red Hill property…our methodology for finding higher grades is improving constantly.”

Barrick and Oceanagold are already insiders. Toqueville Gold is also a major fund backing NuLegacy as an insider. You got the smartest shareholders and the best technical team. Remember these guys are looking for a grand slam giant deposit.

As the CEO stated before in an interview “Elephant-sized deposits [are] the goal. That is why we have been given the mandate and the geological brain trust to step out and drill some of these high-impact targets. It’s the home run that people are looking for.”

Please see their latest news by clicking here

Please phone 604-639-3640 contact James Anderson (CEO) at james@nuggold.com, Albert Matter (Chairman) at albert@nuggold.com or visit www.nulegacygold.com send them a quick hello and congrats and let them know you found out about NuLegacy from your friend Jeb Handwerger. It would be greatly appreciated.

This could be just the beginning and the breakout needed for NuLegacy Gold. Please note for full disclosure I am a significant shareholder and they were a sponsor in the past so I may have a conflict of interest and could benefit from a higher share price and increased volume.

Disclosure: Author (Jeb Handwerger) owns shares and I want to sell them for a profit. Sponsors are website advertisers so that means I have been compensated and have a conflict of interest to help boost awareness of this story. The content of this article is for information only. Readers fully understand and agree that nothing contained herein, written by Jeb Handwerger about any company, including but not limited to, commentary, opinions, views, assumptions, reported facts, calculations, etc. is to be considered implicit or explicit investment advice. Nothing contained herein is a recommendation or solicitation to buy or sell any security. Author is not responsible under any circumstances for investment actions taken by the reader. Author has never been, and is not currently, a registered or licensed financial advisor or broker/dealer, investment advisor, stockbroker, trader, money manager, compliance or legal officer, and does not perform market making activities. Author is not directly employed by any company, group, organization, party or person. The shares of these companies are highly speculative, not suitable for all investors. Readers understand and agree that investments in small cap stocks can result in a 100% loss of invested funds. It is assumed and agreed upon by readers that they will consult with their own licensed / registered financial advisors before making investment decisions. Readers understand and agree that they must conduct their own due diligence above and beyond reading this article. Author is not responsible for any perceived, or actual, errors including, but not limited to, commentary, opinions, views, assumptions, reported facts & financial calculations, or for the completeness of this article or future content. Author is not expected or required to subsequently follow or cover events & news, or write about any particular company or topic. Author is not an expert in any company, industry sector or investment topic.

…read more

From:: GoldStockTrades.com

What Gold Correction? Retail Interest in Explorers in the Golden Triangle BC Heating Up!

By Jeb

Interest rates are rising in the USA along with higher costs of living. Real Estate in many metropolitan areas is overpriced and unaffordable for the average professional. Apple has become a trillion market cap and the stock markets is in bubble territory on its greatest run since the roaring 20’s. The times couldn’t be better for those who have lived a high lifestyle in stocks and real estate brought about through zero interest rates and record amounts of debt. For the average gold investor they could be down in the dumps as the price breaks below $1200 and the junior mining market has been down for close to 8 years since its record high of $1900. We had a reprise for half a year in early 2016 but the record short position has once again decimated the exploration and development mineral industry.

A rally from this continued slump is long overdue. Its very important during these challenging time to look for opportunities that have huge discovery potential. During these downturns it is the few companies that are active that really are able to draw the attention from the smart mining investors. I’ve avoided cannabis and crypto as this is not real in my book and I just don’t get it. I’d rather stick to real discovery potential.

Remember it is with the drill bit that you can turn pennies into dollars and reap ten bagger gains.

The Golden Triangle in BC Canada has so much potential as global warming has led to a receding of the glaciers and discovery of new outcrops. Its one of the few areas if you hit high grade gold it can move a stock from dimes to dollars. Just look at Garibaldi and GT Gold from last year. Some good results such as Aben came out this week. Also keep an eye on news today from Goliath.

Goliath Resources $GOT.V may be onto something as they raised over $3 million in a tough junior exploration market to drill in 2018.

How did they raise this money for grassroots exploration in a declining junior market? They have new greenfield discoveries which many scientists and technical experts are quite excited about.

They are fully funded to drill this year. All four of their properties have brand new discoveries with gold, silver and/or copper in exposed bedrock at surface. Check out Goliath Resource $GOT.V presentation by clicking here…

Also today they just announced a new discovery and released a video which highlights the incredible potential…

https://www.youtube.com/watch?v=aDsyKWlLCBo&feature=youtu.be

Also see my recent interview with the CEO of Goliath $GOT.V by clicking here…

https://youtu.be/N9NwAx-72qE

Another company I’m interested in is Lorraine Copper $LLC.V $LRCPF who owns the Stardust Project also in North Central BC. They recently announced the launch of the 2018 field program. The objective of the 2018 field program is to further explore and expand mineralization identified in a 2.2 kilometre corridor of polymetallic Carbonate Replacement System mineralization.

They are partnered with the famous Mark O’ Dea (Fronteer Gold and True Gold) from Sun Metals under the Oxygen Capital Banner. Some of my subscribers remember when we followed Mark at Fronteer Gold. They are an extremely successful geological team.

There is a high grade nature of mineralization that was previously intersected and may indicate a strengthening system with copper, moly, gold, zinc, lead and silver. I hope to get in touch with management soon to do an interview with subscribers.

Check out the recent news by clicking here…
https://www.lorrainecopper.com/lorraine-copper-announces-start-to-2018-field-work-at-stardust-project/

Best wishes,

Jeb Handwerger

Disclosure: Author (Jeb Handwerger) owns shares in these sponsored companies Goliath and Lorraine and I want to sell them for a profit. Sponsors are website advertisers so that means I have been compensated and have a conflict of interest to help boost awareness of this story. The content of this article is for information only. Readers fully understand and agree that nothing contained herein, written by Jeb Handwerger about any company, including but not limited to, commentary, opinions, views, assumptions, reported facts, calculations, etc. is to be considered implicit or explicit investment advice. Nothing contained herein is a recommendation or solicitation to buy or sell any security. Author is not responsible under any circumstances for investment actions taken by the reader. Author has never been, and is not currently, a registered or licensed financial advisor or broker/dealer, investment advisor, stockbroker, trader, money manager, compliance or legal officer, and does not perform market making activities. Author is not directly employed by any company, group, organization, party or person. The shares of these companies are highly speculative, not suitable for all investors. Readers understand and agree that investments in small cap stocks can result in a 100% loss of invested funds. It is assumed and agreed upon by readers that they will consult with their own licensed / registered financial advisors before making investment decisions. Readers understand and agree that they must conduct their own due diligence above and beyond reading this article. Author is not responsible for any perceived, or actual, errors including, but not limited to, commentary, opinions, views, assumptions, reported facts & financial calculations, or for the completeness of this article or future content. Author is not expected or required to subsequently follow or cover events & news, or write about any particular company or topic. Author is not an expert in any company, industry sector or investment topic.

…read more

From:: GoldStockTrades.com

Junior Mining Stocks: Buy Fur Coats During A Summer Heat Wave

By Jeb

Buy Fur Coats During A Summer Heat Wave…buy junior miners during the summer doldrums when most people are snoozing.

My Father grew up in the garment business as his dad had a successful tailor and dry cleaning business in the South Bronx right off the Bruckner Blvd. One of the first lessons he taught me was buy the highest quality winter gear during a heat wave in the summer. Most people don’t even look out a few weeks let alone a few months. Use other people’s shortsightedness as an advantage to get bargain basement opportunity.

Although its the summer doldrums and its hard to stay focused on the markets, we must not ignore the few areas in the mining sector that are really drawing the attention of the markets. Eventually our sector will come back and could possibly lead. Look at oil and copper a couple of years ago it was in the basement and now it has led over the past year. It almost moved up so high recently that I got nervous for a short term pullback. Same with gold miners they will eventually come back into favor as the explorers are having a hard time finding new economic gold deposits. There will be more investments into the juniors notice the recent strategic move of Goldcorp to take a position in Allegiant Gold which I featured only a few weeks ago right here…

Let’s look at three current positions that I have recently featured. Since early May some of our featured companies are up exponential. This has come at a time when frankly the junior mining sector has sucked. In some ways its almost as bad as the end of 2015.

Nevertheless, don’t give up hope. Attention should be paid as there is a major conference in Vancouver all next week run by the big boys Sprott, Rick Rule and Doug Casey. I expect a lot of news going into that conference and possibly buying in the market as you have the top mining promoters and investors who can afford the $900 entrance fee. Unfortunately, I will not be able to attend but I will have subscribers there that could report back.
http://www.cvent.com/events/2018-sprott-vancouver-natural-resource-symposium/custom-17-1bdaa1f10192419d9f2f6ef3b95b8f23.aspx

First off there are two areas that many of my active subscribers are currently interested in and that I expect to see a push at the conference. One of them is the golden triangle in BC. Its getting a lot of interest. Last summer a few stocks went from pennies to dollars as they hit with drilling. I think we could see another summer of great results thanks to the global warming in that area that has led glaciers to recede and new gold targets to be found. I recently highlighted and bought shares in the open market of $GOT.V Goliath Resources run by Roger Rosmus.

They are drilling two new discoveries during this season. Management is very confident that this year’s drilling success will have a positive and material impact on the market cap. The stock is on the verge of a major cup and handle breakout at $.28 where the next stop could be $.40 according to the technicals. Give Roger Rosmus a call if you would like to learn more!


Goliath Resources Limited
Mr. Roger Rosmus
President and Chief Executive Officer Tel: +1-416-488-2887 x222
Check out the recent exploration news here…
https://goliathresourcesltd.com/wp-content/uploads/2018/07/GOT-news-release-2018-Surface-Exploration-Program-Commences-July_5_2018-1.pdf

Another area which could start gaining momentum again is the Pilbara in Western Australia. Eric Sprott has been adding to his position Novo and I expect more bulk sampling news which could prove more continuity in the region. I expect some news before this upcoming conference. As you know I recently bought shares and have been highlighting Pacton Gold $PAC.V as our pick. Novo may be bought out soon by Kirkland Lake with some development success which could put all the eyeballs on Pacton which Sprott just bought into when the company raised around $5.5 million and now control the 3rd largest position in the Pilbara Region.

The chart is excellent looking to form another breakout above $.90. Its been one of the best performers on the TSX Venture in 2018. It could be just the beginning if Novo makes some positive developments going into this Sprott Conference in Vancouver.
For more information on Pacton Gold contact 1-(855)-584-0258 or info@pactongold.com and ask to speak to the Chairman Dominic Verdejo
Check out their recent news by clicking here…
http://pactongold.com/index.php/investors-en/news-releases/193-pacton-gold-to-acquire-highly-prospective-bellary-dome-project-in-pilbara-mining-region-where-multiple-nuggets-discovered

Finally I would like for you to look at an interview with Plateau Energy Metals $PLU.V $PLUUF. You may remember it as Plateau Uranium but it has changed its name as they have made a huge lithium discovery which they have taken from discovery to a possible maiden resource any day now which could knock the socks off the lithium industry! It could be big. I wouldn’t be surprised if this could be soon taken out by a Lithium Americas or possibly the Chinese once they have that maiden resource in hand as early as the next couple of weeks.

Please listen to this interview as this is quite exciting times for $PLUUF!

https://www.youtube.com/watch?v=ec_4CrUHXzE

Best wishes,

Jeb Handwerger

Disclosure: Disclosure: Author (Jeb Handwerger) owns shares in these sponsored companies and I want to sell them for a profit. Sponsors are website advertisers so that means I have been compensated and have a conflict of interest to help boost awareness of this story. The content of this article is for information only. Readers fully understand and agree that nothing contained herein, written by Jeb Handwerger about any company, including but not limited to, commentary, opinions, views, assumptions, reported facts, calculations, etc. is to be considered implicit or explicit investment advice. Nothing contained herein is a recommendation or solicitation to buy …read more

From:: GoldStockTrades.com

Get Out of Cannabis and Crypto and Move Into Gold and Silver

By Jeb

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Summary

1)2018 has seen so much volatility in the equity and bond markets after going straight up since 2009.

2)”Everything” bubble is simply the result of record low negative real rates manipulated by Central Bankers to prevent deflation by all means possible.

3)The ending of QE combined with increasingly inflationary concerns has sparked the US to start raising rates.

4)Unwinding of easy money policies could be quite painful.

5)Stay away from margin and company’s with any debt on their books.

One of the most overlooked stories in 2018 has been the volatility in equity and bond markets. The “everything” bubble is simply the result of record low negative real rates manipulated by Central Bankers to prevent deflation by all means possible. In 2008, the US banks were on the verge of collapse, the Fed since that time has tried every effort to protect the economy with easy money policies.

The result since 2008 has been remarkably effective. Unemployment in the USA is at record lows only ten years following the government bailouts of banks and the auto sector. The real estate foreclosure crisis has been completely turned around.

We must not forget that for every action there is a reaction. The unwinding of easy money policies could be quite painful. The ending of QE combined with increasingly inflationary concerns has sparked the US to start raising rates. Bond yields are now the highest in many years spiking higher taking the investment world by storm. Real interest rate hikes are happening for the first time in many years. The Fed has started warning investors about rising risks most notably recently with Deutsche Bank.

First hit is now Italy who has always lived the sweet life heavily indebted. Next will be Greece or maybe Spain or Portugal and the PIIGS as interest rates increase. Don’t worry about Spain, Greece and Italy they will be bailed out by the EU again with another lifeline. Instead, be concerned for many young people living in debt. They may have jobs now with record low unemployment. Nevertheless, in many cities such as NYC, LA and Miami the average teacher can’t afford a place to live.

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As rates rise again to historic levels, I expect to see many more delinquencies. The recent concerns at Deutsche Bank may be just the beginning.

I remember how fast these bank panics happen. First it started with Bear Sterns then Lehman and then AIG. All during that time the pundits in the mainstream media said there was nothing to worry about and that housing and the markets were booming forever and ever.

A similar phenomenon could be happening right now. We have so many warning signs of another crash. The biggest one is the major increase in bond yields in 2018. Not only have rates moved higher but it jumped quickly the most in many years.

I expect the recent warning signs from the Fed Reserve on Deutsche Bank to be just the beginning as debtors who became over leveraged to low rates pay the price now as rates rise quickly. I don’t believe the Fed is done raising rates until there is a severe market downturn.

There is no doubt that highly leveraged borrowers at record low interest rates will come into trouble. This begs the question how many of the banks still have derivative exposure like AIG and Lehman.

Remember statistically we have up to 50% corrections or more once every 10 years or so. I know you don’t like to hear it but this is the second longest bull market since the 1920’s which led up to a major crash and the Great Depression. We are in the midst of trade wars not seen in 100 year since the Smoot Hawley Era which many blame as one of the accelerants in deepening the Great Depression’s devastating effects.

How does one protect oneself? Stay away from margin and company’s with any debt on their books. You might want to look at hedging against the financials, real estate and bonds (TBT). Stick to small cap stories with no debt over large caps with debt and look to see if they have real assets preferably in the form of some sort of commodity in the ground. The mining sector (GDX) which has been under attack by the activists and unloved for years may actually be one of the best places especially gold (GDX), silver (SIL) and copper miners (COPX). The energy (XLE) and agriculture (DBA) sector may also be safe areas which over time could outperform during a potential bear market panic.

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Conditions point to a bear market and possible flash crash this summer. Please prepare for real estate and stock market valuation to come back to earth as rates move higher.

What is deeply discounted right now and could soar again if we see double digit inflation like in the 1970’s? The junior miners could be the best place especially right now the beaten down exploration stocks which have been brutally neglected by the major producers for years. I recently went to a mining conference in NYC put on by 121 Mining and met with some of the top CEO’s and Fund Managers.

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One of my really smart professional subscribers Art pointed out Shanquan Li. Mr. Li manages the Oppenheimer Gold and Specialty Minerals $OGPSX. Before entering the investment sector he was a director of a think tank for the Chinese Government and then joined Brown Brothers Harriman before joining Oppenheimer where he has been for 22 years managing the precious metals fund since 1997 building it to just under $1 billion under management. He has significantly outperformed his peers recently with picks such as Kirkland Lake $KL, Endeavour $EDV and Newmont $NEM. The fund pays a yield of 2.99% and has four stars from Morningstar. …read more

From:: GoldStockTrades.com

Gold Forming Huge Long Term Cup and Handle Flag Pattern

By Jeb

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It was the late 90’s and I was graduating from high school and at that time the US dollar and stock market were quite strong as we were in the midst of the dot com bubble. Looking over the charts with my Dad who was a trader since the 30’s we saw a complete lacking of investment in gold and the junior mining explorers after the 1997 Bre X scandal.

Gold went below $300 an ounce and there was no money funding the explorers. The stocks drifted lower to pennies per share. That is when I decided in my late teens to dedicate myself to this sector as I expected another gold rush. One thing you know is that gold and silver always comes back.

I went to the Mining Conferences in NYC investing in the sector and started studying metallurgical and chemical engineering when guys like Rob McEwen and Rick Rule were still relatively unknown. Then as gold turned higher following the terrorist attacks while I was in college, my little penny stocks went to dollars and some got bought out and became part of majors.

Incidentally, right now gold has been basing for almost 7 years while the majority of short sighted investors chase momentum into bubble like areas in financial stocks, tech and housing despite the record valuations and despite the warning of a market that has been on its longest run since the roaring 20’s which preceded the Great Depression.

For many months we have been warning about increased volatility and the rising risks of additional flash crashes as the Fed raises interest rates. I am still following that thesis and expect gold to once again come back into favor as delinquencies rise and foreclosures increase.

One area that has recaptured the attention of the mainstream in the success of Eric Sprott and the new gold rush in Western Australia. See my recent Seeking Alpha article discussing the new gold rush by clicking here… Take a look at this little junior which Eric Sprott just invested some big money into right next to Novo and is a featured company.

In other news, a little junior I featured a few months ago when it was trading at pennies has just broken through the $1 mark on a world class lithium discovery. A few months ago when I first did the interview many analysts were skeptical now the big banks have jumped on board. Its good to stay ahead of the curve here so make sure you sign up for my free newsletter!

Its very important we still look at silver which should outperform gold once we see a precious metals breakout. Recently the ratio hit 80 to 1 which is usually a point where the mining sector hits bottom and turns around. Its only a matter of time before this sector bottoms and when this finally occurs look for the silver stocks to outperform. At current silver prices producers aren’t making profit. While I wouldn’t want to be a producer I may want to hold onto some great US silver assets.

Between 1987 and 1990 Tenneco Minerals completed a feasibility study after an intensive drilling campaign and announced plans to construct a $35 million mill at this property before the recession in the early 1990’s.

Now a little junior which I featured many months ago has published an updated resource which can be found here.

classification tonnes grade Ag (g/t) ounces silver
Indicated 2,064,000 84 5,560,900
Inferred 3,172,000 70 7,143,900

The Mineral Resources were estimated from 133 drill holes, 19 of which were drilled by this little junior in 2016 and 2017.

Finally, I plan on attending the 121 Mining Conference in NYC next week.

Here are a few of the leading fund managers who will be sharing their latest plays and market intelligence:

Ethan Levine, MD & Co-head Resources, Commonfund Capital
Peter Grosskopf, CEO, Sprott
Shanquan Li, Portfolio Manager, Oppenheimer Gold & Special Minerals Fund
Murthy Nuni, Founder & CEO, Marshall Funds
Chris Mancini, Research Analyst, Gabelli Gold Fund
Daniel Oliver, Founder, Myrmikan Capital
Trey Reik, Senior Portfolio Manager, Sprott Asset Management
Ryan McIntyre, Co-Portfolio Manager, Tocqueville Asset Management
Neil Pereira, Global Infrastructure & Natural Resources Mining Division, IFC
Jon Lamb, Portfolio Manager, Orion Resource Partners
Joe Archibald, Partner, Pandion Mine Finance
Adam Crown, Financial Advisor Wealth Management, Morgan Stanley
Leigh Goehring, Partner, Goehring & Rozencwajg Investment Funds

Don’t delay, join over 200 of your investment peers including myself at New York’s largest mining investment summit. Register here!

Disclosure: Jeb Handwerger is not a registered investment advisor! Junior Mining Stocks are very risky! Buyer Beware!

Assume Author (Jeb Handwerger) owns shares in feature companies and that I want to sell them for a profit. Feature companies are website advertisers so that means I have been compensated and have a conflict of interest to help boost awareness of this story. The content of this article is for information only. Readers fully understand and agree that nothing contained herein, written by Jeb Handwerger about any company, including but not limited to, commentary, opinions, views, assumptions, reported facts, calculations, etc. is to be considered implicit or explicit investment advice. Nothing contained herein is a recommendation or solicitation to buy or sell any security. Author is not responsible under any circumstances for investment actions taken by the reader. Author has never been, and is not currently, a registered or licensed financial advisor or broker/dealer, investment advisor, stockbroker, trader, money manager, compliance or legal officer, and does not perform market making activities. Author is not directly employed by any company, group, organization, party or person. The shares of these companies are highly speculative, not suitable for all investors. Readers understand and agree that investments in small cap stocks can result in a 100% loss of invested funds. It is assumed and agreed upon by readers that they will consult with their own licensed / registered financial advisors before making investment decisions. Readers understand and agree that they must conduct …read more

From:: GoldStockTrades.com

Top Gold Exploration Team in Nevada Trading at Huge 50%+ Discount

I recently interviewed Robert Giustra Chairman of Allegiant Gold $AUAU.V $AUXXF who introduced us to what I consider one of the best exploration stocks in Nevada. See the full interview by clicking here…

https://www.youtube.com/watch?v=6Wa1Te-g2O0

Jeb Handwerger

Hi Robert! Allegiant is a new company but it is managed by the most experienced technical gold exploration team in Nevada that have a track record of finding economic gold mines.

Robert Giustra

Allegiant checks all the boxes for a junior gold exploration company. Its the right story at the right time in the right place managed by the right people. What I mean by the right people is the track record of the leader Andy Wallace who is personally responsible for many gold discoveries in Nevada which have became famous gold mines. His group started out under the leadership of John Livermore and the team currently includes Pete Chapman, who is also credited with some major gold mine discoveries. This is such an impressive team. I’m just not aware of any others with a track record like this in the junior gold exploration industry. We are very fortunate to have this team leading the gold exploration efforts for Allegiant.

Jeb Handwerger

I saw a statistic that only one in a thousand prospects becomes a gold mine. You not only have these explorers with an impressive track record of finding economic gold mines but you have others on the team and Board who worked with the majors.

Robert Giustra

When you have a team like the one we have, it increases the chances of success. We have an extensive portfolio of well defined targets on projects that have been selected by the Cordex Team. In addition to Andy, we have added some corporate and capital markets strength with Russel Ball, who only a few months ago was CFO of Goldcorp and prior to that he was CFO of Newmont. Those are two of the three largest gold mining companies in the world. We also have the former president of Eldorado Gold, which has more than a billion-dollar market cap. We have expertise at all levels of the management team, from boots on the ground technical experience to capital markets experience.

Jeb Handwerger

Allegiant is focused on gold exploration in Nevada, which most investors know is one of the best gold mining jurisdictions in the world. Tell us about the projects.

Robert Giustra

The portfolio is unique because it is backstopped by a more advanced project, the Eastside gold project, which has approximately 750k ounces of gold defined in a pit and additional ounces outside the pit. We have some really great drill targets that were defined by Andy Wallace and the Cordex Team. Allegiant plans to drill ten projects this year. Remember these are not recycled projects. They were all identified by the Cordex team through grassroots prospecting, which is how Andy and the team have been successful in the past. The team gets out into the field and get their hands dirty.

Jeb Handwerger

Let’s talk about that Eastside Project. You added an extra drill rig. What’s happening there?

Robert Giustra

Eastside is the most advanced asset. There is RC and Core being drilled now. Core is stepping out 300 meters to the south of the existing pit and the RC drill is stepping out 300 meters to the west. We’re drilling about 50 holes with the goal of doubling the number of ounces in the pit and hopefully reducing the strip ratio. We’ve drilled 18 holes which 11 holes have already been announced. Drilling will take us into September.

Jeb Handwerger

Allegiant is a new company, it just trading in the US for about two months. Its valuation appears to be low compared to other Nevada explorers. Could you comment on this?

Robert Giustra

We’ve only been public for a couple of months and just got an OTCQX listing, which is vital as it is a US story. Our story is American Gold as John Livermore and his protégé, and our CEO, Andy Wallace discovered the Carlin Trend in Nevada, which started a major gold rush and created a whole new gold industry in the state. We have a large US following. Our valuation is extremely modest as value is only being assigned to one project, Eastside, which has ounces in the pit. None of the upside in the other 13 projects is being reflected in the company share value or the nine other projects we plan to drill this year.

Jeb Handwerger

This undervaluation could change, especially if you make a new discovery, as there are relatively few shares outstanding. Could you discuss the share structure and the shareholder support you have?

Robert Giustra

We have around 6k shareholders, 4k shareholders in the USA, 2k in Canada. One of the largest shareholders is Van Eck, the largest gold fund in the USA. Its not often to see a tight share structure like this.

Jeb Handwerger

Gold could be about to breakout into new 10 year highs when looking at in Canadian dollars and top gold explorers in the best mining jurisdictions will come back into favor as the producers can not replace their reserves. Stick to teams with track records like the Cordex team at @allegiantgold $AUAU.V $AUXXF. The gold breakout could soon be here! Allegiant Gold starts life as an attractive explorer with a proven exploration team, a portfolio of promising targets in mining-friendly jurisdictions, and ~$4 million in cash. Allegiant Gold shares heading to 90 cents, Beacon Securities said. It was currently trading at more than half off that below 45 cents.

Thanks Robert for being here with us today!

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Robert Giustra

My pleasure Jeb.

Author (Jeb Handwerger) owns shares in Allegiant Gold and the company is a website advertiser so that means I have been compensated and have a conflict of interest to help …read more

From:: GoldStockTrades.com