When precious metals expert Michael Ballanger looks at the current state of the precious metals markets, he is reminded of that scene from Shakespeare’s Julius Caesar when the wounded emperor looks up into his friend Brutus’ eyes and utters the immortal words, “Et tu, Brute?” Caesar says these words as a large scabbard gets plunged […]
'Et tu, Brute?': It Took a Month for the Commercials to Pull the Trigger… Read More »
Just as the world was breathing a massive and collective sigh of relief that a new bull market in gold and silver had arrived with all the pomp and pageantry of a Royal Wedding, the Barbarians climbed the walls and are now very close to razing the palace, says precious metals expert Michael Ballanger. This
Zero-Hour for the Precious Metals… Read More »
Man-oh-man, the heat I am taking over my recent “Caution” stance on the near-term outlook for gold and silver is now verging on the theatre of the absurd, says precious metals expert Michael Ballanger. Email, tweets, voicemail messages and every other form of indirect confrontation have been used to convince me that my reluctance to
Near-Term Gold Forecast: The Thrill of Victory and the Agony of Indecision. . . Read More »
The event-driven hedge fund Rosseau LP has beat its benchmark by over 50% since inception in 1998, and its founder and CIO Warren Irwin says it does so by going deep, looking at very specific events or situations that are special within industry sectors. Irwin made his name by shorting Bre-X some 20 years ago
There wasn’t much sizzle in the gold equities space in recent years, but that has recently changed. Paul Renken, chief geologist and analyst with London-based VSA Capital, says the recent uptick in the gold price—which he says should stay near current levels for a while—will boost the margins of already profitable gold producers. Renken is
VSA Capital's Paul Renken: Gold and Lithium Companies that Are Sizzling Hot Read More »
Friday’s morning action in gold has been at once both terrific and frothy, wonderful and scary, and redemptive and soothing, says precious metals expert Michael Ballanger. My hedges are all getting blown to smithereens with the miniscule damage to my net worth being vastly outdone by the gargantuan damage to my ego as the power
Kiss the Bear Goodbye (But Wear a Helmet). . . Read More »
Precious metals expert Michael Ballanger says we are actually back in a bona fide, brand-spanking-new, bull market in gold and the gold miners. As I was busy last evening returning a myriad of emails regarding the near-term outlook for gold and silver, I was suddenly hit with the realization that we really are actually BACK
Behold the New Golden Bandwagon. . . Read More »
A cacophony of recession chatter is filling the airwaves. Some experts are already declaring we are in one while others are raising warning flags. Their message has not been lost on the masses: Google searches for the word “recession” have risen to the highest level since 2012. Interestingly, many commentators cite the 20% decline in
Precious metals expert Michael Ballanger believes we are in the very early stages of an absolutely breath-taking bull market in mining stocks and the precious metals, but like the famous Aesopian fable, sometimes it’s the tortoise that wins the race by simply plodding along and exercising patience and a tad of caution. Over the weekend,
Negative Outside Reversal Day: Beware the Ides of March Read More »
Focus Graphite CEO and Director Gary Economo says the tipping point is coming for natural flake mining developers—even during a depressed commodities cycle. This optimistic view is based on the urgent necessity of manufacturers today to source those critical materials and technologies needed to meet globally mandated CleanTech targets in advance of a 2020 deadline.
Graphite: What iPhones, NASCAR and Tesla Have in Common Read More »