About seven weeks ago, gold miners starting a rising chart pattern (see GDX below) at the same time interest rates (see TBT –below in same chart) began weakening and the US Dollar started lower (not shown). No question all are interrelated. Continue reading
CLSK traded as high as $42.60 in January of 2021 has now corrected more than 50%. The news however, (below) keeps getting better and better. Continue reading
Two ETF Charts for you today: Small Cap Silver miner ETF SILJ and Large Cap Gold Miners ETF GDX
One individual miner stock chart to share: Karora Resources KRRGF)* $3.30 Continue reading
The “big” mover last week was Recon Africa (RECAF)*. They control 28,000 sq kilometers in Africa. Namibia and Botswana to be exact. Government relations and local people’s relationships appear good. Government wants the resource developed as country income and locals near projects, desire the jobs and income. In-country and international environmental groups are in opposition to drilling fossil fuels in an environmentally sensitive watershed. Continue reading
Enjoy the $5.00 plus move higher in Galaxy Digital (BRPHF)* $31.50, and then, let’s let the bliss of the moment go. Multiple positive articles and the ones below don’t even cover the outstanding fourth quarter linked here. Continue reading
The News is very Positive for the Shares.
LOTM considers both MKTY and Galaxy Digital long-term buys, subject to opportunistic buy-in prices and your trading, investment, or speculative objective goals.
Galaxy Digital announced that: Continue reading
The Inverse ETF – TBT – 20 -30-year Treasury and the GDX VanEck Gold Miners are currently trading as mirror images of each other. This is not always the case and will not always be the case in the future. Both are responding to rising and falling interest rates. I will leave you to figure out how you are going to trade this relationship, but Gold Miners are rising in price, and long-term interest rates are falling – represented by the falling Inverse ETF, TBT. Continue reading
