Selling into strength…
We sold aggressively into this week’s breakout in gold and pop in silver, boosting cash reserves to ~50%. Gold has risen over 3 standard deviations from its statistical…
FCM Blog
$HUI, etc. — Gold, Silver and Platinum Stocks an Aggressive Buy
Our cash balance is at its lowest level in years as we aggressively buy shares in gold, silver and platinum miners. The Amex Gold Bugs Index has flashed…
$UNG : Buying Back Gas, Etc.
With an edge of 1.3% and a discount-to-expected value (DEV) of 11%, I bought back Natural Gas this morning. We sold our stakes in GDX, GDXJ and PLTM…
Zephaniah 2
1 Gather yourselves, even gather you, O nation not worthy to be loved, 2 Before the decree come forth, and ye be as chaff that passeth in a day, and before the fierce wrath of…
Recent Bets and a Note on Dissimulation
We bought First Majestic at US $5.63, International Tower Hill Mines at US $0.44, Sibanye-Stillwater at US $6.57. Each, oddly, sports a Discount to Expected Value of 34%.…
$TSRMF : Treasury Metals — Independent Economic Analysis (UPDATED)
REVISED (AUSENCO) (20/11/23) CHANGE Long-Term Price Case $1,950/oz. Au $1,950/oz. Au $1,950/oz. Au Flagship Project Goliath Goliath Goliath Ownership 100% 100% — Mineral Resources (Measured & Indicated) 2,100,000…
Major Indexes are a Sell
The $QQQ flashed a major sell signal on 5/29/2023 and currently sports an edge of -26% and a discount of -4%. Inversely, $PSQ sports a long edge of…
Q2 Updates : $LUCRF $UNG $DXY $STTDF
I am buying diamonds, natural gas and uranium. I have been adding to Lucara on a regular basis throughout the span of their slower-than-expected underground expansion at Karowe.…
$STTDF : Standard Uranium — The Right Explorer at the Right Price
I have begun to load up on highly prospective explorer, Standard Uranium, in anticipation of winter drilling at Sun Dog and inaugural programs at Atlantic and Canary. Standard…
Profit-Taking
Major sell signals flashed in UDN, CPER, GDX, GDXJ, SIL, SILJ, SLV, AGQ, and PLTM. Profits were taken. Derivative gold has a tiny bit of headroom left, while…
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