Lightening Up on Gold

April 15, 2017

I spent the last week taking profits on my gold holdings.  I’m lightening up. This is not to say that I think the gold run is over.  I don’t.  I think it’s just beginning. But, my favorite gold trading vehicle, NUGT – Direxion Daily Gold Miners Bull 3x Shares NYSE + BATS, which was trading […]

Read the full article →

Inflection Point 2017

April 8, 2017

So, where are we at?  Are we at an inflection point, a turning point, or will it be more of the same? The general market, as measured by the S&P 500, peaked at the beginning of March, and has faded since.  However, if you measure performance since the start of the year, it’s still up, […]

Read the full article →

Killer Fees

April 1, 2017

Today is April Fool’s Day, but instead of crafting some elaborate joke (like telling you that if the farmer’s don’t tap the Maple Trees quickly enough the pressure from the maple sap will build up and cause the trees to explode), I will tell you a story about fools: you and me. If you invest […]

Read the full article →

Why You, and the Market, Should Not Worry About the US Health Care Debate

March 25, 2017

UPDATE: After I published this post early Saturday morning, Scott Adams wrote this post on Trump and Healthcare, which makes the point much better than I just made it, so feel free to skip my post and read his instead.   Over on the Buy High Sell Higher Forum, Beginner has raised the issue of […]

Read the full article →

Canada Goose IPO: Proof of a Market Top?

March 18, 2017

Normally in these weekly musings I talk about gold, which had a nice bounce after the FMOC meeting on Wednesday, but since I have nothing more to add than that, let’s instead examine a more interesting story: Canada Goose – GOOS.TO on Toronto, or GOOS in New York. The shares IPO’s on New York at […]

Read the full article →

The Speed of Light

March 11, 2017

I did not know that. It’s amazing what you can learn from Twitter. (You can follow Buy High Sell Higher on Twitter, but I seldom have anything to say that is as profound as the thoughts of Amused Chimp). What does this have to do with anything? Nothing, so let’s talk about gold, and interest […]

Read the full article →

Gold, The Dollar, and What Happens Next

March 4, 2017

Follow me on this one: What does President Trump want? That’s easy: jobs.  Make America Great Again by creating jobs.  How?  Bring manufacturing back to America.  Why did manufacturing jobs leave America?  Many reasons, but a high US dollar doesn’t help.  If you want to manufacture at home and sell abroad, you want a low […]

Read the full article →

When to Buy and When to Sell

February 25, 2017

Last week I reported on the hedge fund that specializes in short selling who issued a report saying that NDM.TO – Northern Dynasty Minerals had a worthless asset.  The stock went from $4.20 at the close on February 13 to below $2.60 the next day, and kept falling to $1.81, intra day on February 22.  On […]

Read the full article →

Northern Dynasty Minerals Crushed by Short Sellers – Buying Opportunity

February 18, 2017

I haven’t discussed it here before, but NDM.TO – Northern Dynasty Minerals, is an interesting story.  It has been a favorite recommendation of many newsletter writers (including Casey, Stansberry, and TD Securities, ), and I have no hesitation in reporting that it has been a greater winner for me over the last year. As you […]

Read the full article →

Gold: Time to Go All In

February 11, 2017

Let’s look at the charts, shall we? As the 10 year chart of gold shows, the down trend that began with the peak in 2011 is still in place.  We are not yet in a new bull market, but it would appear we are getting close. The uptrend and downtrend lines will collide in the […]

Read the full article →