Hawaii Six O – Gary Wagner – Is That A Double Bottom?

Gary Wagner October 30, 2017   As of 4 o’clock EDT, gold futures are trading up $5.50 on the day, with December’s futures contract currently fixed at $1,277.30. This marks the second day of higher pricing in gold. More importantly, the lows seen on Friday match almost precisely to recent lows when gold traded to $1,263 on October 6th. These lows match the lows that were achieved on Friday and, in essence, created a double bottom in gold pricing. Add to that the fact that $1,263 per ounce in gold is exactly a 61.8% retracement of the major rally which occurred from the first week of July and concluded on September 8, when gold prices reached this year’s high at $1,362 per ounce. It is for that reason that the price point of $1,263 is a critical support area. This could be an indication not only of price support at $1,263 but higher pricing in gold in the next few weeks. Much of the recent strength or weakness seen in gold pricing has been directly attributable to the U.S. dollar. Today dollar weakness has been instrumental in supporting stronger gold pricing. The U.S. dollar index is currently trading at 94.33, losing 49 points on the day (-0.52%). Physical gold is fixed at $1,275.70, a net gain of $2.50 on the day. According to the Kitco Gold Index (KGX), a weak U.S. dollar is adding $4.70 worth of value today, with normal selling taking gold pricing down $2.20 on the day resulting in its current price of $1,275.70. Dollars sentiment … Continue reading

Gold Continues To Consolidate and Articles For The Week

October 21, 2017 Hello Investors, One week ago I thought that gold which had closed over $1300 was free to run to the upside. Unfortunately, that was not to be and we have backed down once again with gold closing the week at $1280. We have to face the facts that with the Dow and S&P hitting new highs almost daily and the recent ‘short-term’ strength in the USD, it is only natural for gold to be the laggard, but perhaps not for much longer. Still we have no damage done to the downside and we continue to patiently wait (it is not easy) for gold to breakout of this $1300 area and head substantially higher. All of you receiving this email also recently received an email titled, Renaissance Oil Corp. – An Intriguing Opportunity For Your Portfolio – TSXV:ROE Renaissance Oil common shares had a good week closing up .03 to C$0.265 and the stock warrants, ROE.WT.A closed up .02 to C$0.125, all with good volumes during the week. This, in my opinion, should continue to be an interesting opportunity for investors and their drilling in Mexico will begin soon, just saying……. For me, there is only one way to play this ‘game’ by investing in quality junior mining companies and/or long-term stock warrants trading on those companies. If you are not familiar with stock warrants, you can receive The Stock Warrant Handbook for FREE by visiting, http://CommonStockWarrants.com along with more freebies. However, many investors are finding great opportunities … Continue reading

Renaissance Oil Corp. – An Intriguing Opportunity For Your Portfolio – TSXV:ROE

Editors Note from Dudley Pierce Baker Founder – Editor http://CommonStockWarrants.com http://JuniorMiningNews.com The writer of this piece, Jim Bentein, is a personal friend for many years here in Mexico. Jim, also writes for the Daily Oil Bulletin, out of Calgary, Canada. In full disclosure, I own a position in Renaissance Oil via their stock warrants trading on the TSX Venture as ROE.WT.A . I am not a financial advisor and interested investors should seek the advice of their advisors before buying the common shares and/or stock warrants of Renaissance Oil. ROE – common shares           Closing Price on October 13, 2017 – C$0.235 ROE.WT.A – stock warrants  Closing Price on October 13, 2017 – C$0.105 Additional Resources: Corporate Presentation – September 2017 Research Report – Haywood Securities – August 30, 2017 Research Report – Beacon Securities – August 31, 2017   BY JIM BENTEIN Lake Chapala, Mexico Vancouver-based junior Renaissance Oil Corp., which has become one of the most active participants in Mexico’s recently privatized oil and gas market, has announced that one of the world’s richest men has become an investor in the company and will be a strategic advisor.   Renaissance, in a press release issued on Thursday, announced that Monaco-based Eskandar Maleki has been granted shares and warrants of the fledgling Mexican-focused producer. Maleki, originally from Iran, has a net worth of several hundred millions of dollars and is considered one of the world’s top art collectors. Renaissance announced that it has agreed to issue almost … Continue reading

“Friday the 13th” Was Great For Gold

“Friday the 13th” Was Great For Gold Gold surged ahead on Friday the 13th and once again closed above $1300. This may well be the last time we see $1300 for along time, if ever. I like to show this monthly chart of gold going back to 1998 as it reflects the long-term trend. But most important to me is the 20 month moving average. Notice that since 2001 this 20 MMA has showed us the way. The average has been trending up now for many months and today stands at $1267, while gold closed Friday at $1303 while silver closed at $17.41. Watch the upward sloop of the 20 Month Moving Average. It makes sense that gold has struggled here but it appears we are ready for a serious breakout to the upside. If you see what I see, you should be invested right now or damn soon otherwise why would you be reading this piece? I am here to assist you with some interesting investment ideas in my services and currently there are many opportunities. Resource shares are poised to rocket substantially higher within the next few years with many going up 1,000% and much more. I am basically all in and ready for the excitement to begin and…… For me, there is only one way to play this ‘game’ by investing in quality junior mining companies and/or long-term stock warrants trading on those companies. If you are not familiar with stock warrants, you can receive The Stock … Continue reading

Multi-Billionaire Hugo Salinas Price: We Are On The Verge Of A Worldwide Monetary Revolution That Will Bring The US To Its Knees

October 06, 2017 As we come to the end of the first week of trading in what promises to be a wild October, today multi-billionaire Hugo Salinas Price warned we are on the verge of a worldwide monetary revolution that will bring the US to its knees. This Will Bring The US To Its Knees October 6 (King World News) – Multi-billionaire Hugo Salinas Price:  “Once again, I turn over in my mind the Chinese plan regarding their imported oil, which consists in convincing their oil suppliers to accept yuan in payment (and thus re-directing their sales outside the orbit of the US dollar) with an additional sweetener in case the oil exporters do not wish to hold assets denominated in yuan: the sweetener consists in offering to exchange the yuan received by the oil exporters, for gold purchased on the world markets – and not out of Chinese reserves… Multi-billionaire Hugo Salinas Price continues: “Again, I mention that for the first time in 46 years – ever since that fateful date, August 15th, 1971, when Nixon took the US “off gold” – gold is once again mentioned as part of a commercial deal – and one of great importance.  “There is more than one way to skin a cat” says an old proverb. And there is another way to bring the US to its knees, besides using hydrogen bombs or EMPs. If the US cannot stop China from implementing its “oil – for yuan – for gold” program, then the fate of the US … Continue reading

10 Factors To Propel Gold 10 Fold

10 FACTORS TO PROPEL GOLD 10 FOLD Posted on October 6, 2017 by Egon von Greyerz Inflation is coming and it will have a major effect on the world economy and financial markets. This is one of the factors that will drive gold to levels which few can imagine today. Later in this piece, I am discussing 10 Factors which will make gold surge. NO FEAR Markets are expressing no fear and seem very comfortable at or near all-time tops. There is no concern that stocks are massively overvalued or that bond rates are at historical lows and only have one way to go. Nor is anyone worried that house prices are at levels which most people can’t afford. Money printing and interest rate manipulation has created such cheap financing that most people don’t look at the price of the property but only at the financing costs. In many European countries, mortgages are around 1%. At that level the monthly cost is negligible for many people. Neither the banks nor the borrowers worry about interest rates going back to the teens as in the 1970s. So whilst we are waiting for markets to wake up from the dream state they are in now, what signals should we look for and what about timing. These are the areas that we see as critical and below are our near term and long-term views on: Interest rates / bonds Inflation, Commodities, Oil, CRB. Dollar Stocks Gold INTEREST RATES – ONLY ONE WAY TO GO … Continue reading

Stock Warrants – Prepare & Prosper – Gold Equities Could Experience +1000% Returns Once Again!

  With what has happened in the world of late and what will be unfolding in the next 5 years or so those few investors who fully understand the impact the current economic situation is going to have on future inflation, the USD, interest rates, the stock market, physical gold & silver, gold & silver stocks and gold & silver warrants are going to be in the unique position of being the benefactors of currently unimaginable returns and wealth. All they need do, as I like to say, is “Prepare and prosper!” By: Lorimer Wilson, editor of munKNEE.com – Your Key to Making Money!  The 1970’s Revisited Back in the mid- to late 1970’s, as gold went up from its 1972 low of $60 to $850 in 1980 (and silver to $50), some gold and silver stocks realized absolutely amazing gains – in excess of 10,000% in some cases. I can’t imagine that ever happening again but that is what actually happened back then. It is absolutely amazing, isn’t it? ‘Just’ a 10,000% appreciation would have turned $10,000 into $1 million dollars! Remember, it only takes a few good investment decisions in one’s life to be exceedingly successful and that was such a time. The 1990’s Revisited I know, I know, you think that was then and this is now and increases in excess of 500% let alone 1000% or more would never happen again. Well, that is not the case. During the mini-bull market in gold in 1993-1996 many gold and silver junior … Continue reading

The Base Metal Breakout

  The Base Metal Breakout – Industrial Commodities Threaten Their Decade-Long Downtrend By Sam Broom Summary: * Base metals are showing signs of real strength, with prices across the complex breaking out, or threatening to do so. * Copper and zinc have looked the strongest of the bunch and both have recently broke out of multi-month consolidation patterns. * The moves we are seeing have the hallmarks of a supply (destruction) driven rally, which tend to be sharp and ferocious in nature. * An industry-wide decline in reserve quantity (depletion) and quality (grade), accompanied with a complete lack of new discoveries means we believe we’re likely to see an increase in M&A as prices begin to rise, which is why we’re interested in quality exploration and development stage plays. Every now and then you get a feeling that the market is sending a message. Last week was one of those weeks as we witnessed a whole host of commodities either breaking out of multi-month consolidation patterns, or seriously threatening to do so. The topside moves were generally spread across the commodity complex, but by far the most significant moves were seen in the base metals where we witnessed breakouts across the board, some in rather spectacular fashion. From a higher level, this is best shown in a chart of the Bloomberg Industrial Metal Index, which has now broken out above a down trend that has been in place since the index peaked way back in 2007, over a decade ago. … Continue reading

David Morgan: Silver to $100 and Gold to $5000 by 2018 or 2019

BY COLLIN KETTELL ON SEPTEMBER 10, 2017 David is excited about the future of silver, “I have a lot tied to this sector. I’ve always felt that the highest calling you can have is to live your passion. You can be self-serving and serve others at the same time.” David discusses the gold-silver ratio and why it is very favorable for silver. He is convinced that the bottom is in for precious metals. Silver and gold were strong in 2016, and then we had the sell-off. The leading sector for 2016 was the gold mining sector. This year has been spotty, but we are at 12-month highs as we have retraced all of the earlier losses this year. If you look at the Junior space stocks are not up that far overall there is still lots of value. However, some of the ETF held companies had larger price gains. David discusses what the true price of gold should be in comparison to the M1 money supply and how it has changed over the years. By 2020 he expects we could see $100 for silver and $7500 for gold and why it will likely go beyond fair value. Silver should outperform in the long term once the big money has entered the gold sector. David tells the story about how Warren Buffett purchased 28% of the worlds silver in 2004. This story demonstrates just how tiny the silver market truly is. Talking Points From This Week’s Episode • We will likely … Continue reading

Are You Invested In the Junior Mining Companies?

by: Dudley Pierce Baker Founder-Editor http://CommonStockWarrants.com http://JuniorMiningNews.com Believe it or not, this rally in gold and silver, copper, etc is for real and we look for the junior mining companies to have their day in the sun over the next few years. Today gold is closing over $1320 and silver over $17.50. So, I must ask you a personal question. Are you invested in the junior mining companies shares and/or long-term stock warrants? I sure hope so, if not, I encourage you to get invested soon, very soon. This rally is not going to wait on you and the longer you wait you will be coming in at higher prices. We all know that the resource sector has basically been a bad place to be over the last 5 or 6 years with few exceptions. I have found many of those exceptions for my gold and Lifetime subscribers, and some of those have been 1,000% gains or more. However, in my opinion, the next few years will produce many more 1,000% gains and I want you to be with me on this great journey. Whether you decide to invest in the shares of the junior miners or stock warrants trading on those companies, I will leave that to your personal discretion. However, I encourage you to at least explore and investigate which companies have stock warrants trading. This is what I do for you at http://CommonStockWarrants.com, I provide you with the list, a database of all stock warrants trading in … Continue reading