Our focus remains intact. Commodities and Blockchain / Crypto is our “hunting” ground for Ideas. We are beginning to look into some of Cathie Wood of ARK ETF Family of funds for fallen momentum stocks. The addition of Nano Dimensions, (NNDM) is from her list. Continue reading
New Number One Gainer since we conceived this Ten Under $10 for the Double list is – Recon Africa Continue reading
Buying MoneyGram (MGI)* $6.70 for the Ten Under $10 holdings. In related accounts we bought early on Friday at $7.07. We will continue to buy into shares of MoneyGram. See email LOTM April #42 for our MGI comments. I have a working relationship with a charity in Uganda and do business in Vietnam and use international currency transfers weekly. I have a familiarity with the process and believe MoneyGram has an excellent long-term future in the real-time money transfer business. Link to Finviz news charts and stats. TipRanks Target (linked) is $7.75. We are guessing there will be upgrades in analyst’s perspective. Continue reading
MoneyGram (MGI) $7.27
In February 2021, MoneyGram dropped from above $11.50 to nearly $6 on news that Ripple Labs (XRP) was being sued by the SEC. MGI had been using Ripple Labs (XRP) crypto currency exchange to transfer money overseas. MoneyGram announced they would not use Ripple to facilitate the transfer of funds globally. This was due to the SEC lawsuit. Ripple has now settled with the SEC. Continue reading
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
