Taking advantage of further price weakness in the junior exploration arena Last Monday (March 16) represented a glorious opportunity to bag high-quality gold stocks at prices that bordered on the surreal. You had to be quick though, the sell-off lasted less than one hour before buyers rushed in pushing many of the stocks I follow […]
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Updating the stocks on our list after a brutal week of trade
On Thursday, Mar. 12, the Dow fell 2,352 points—its largest single-session point drop on record. The following day, on Mar. 13, the Dow powered nearly 2000 points higher, its largest single-session point gain in history. This extreme volatility was inevitable. The longest-running bull market in history was driven by artificially low interest rates and accommodative […]
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Market volatility, stink bids, and HighGold Mining
Markets caught what-for last week as the last vestiges of greed turned into abject fear. The reason: an emergency 50 point rate cut by the Fed—one that telegraphed panic from the gatekeepers of the U.S. economy—brought about by the pressure COVID-19 is exerting on corporate profits and earnings forecasts. During the tumult, U.S ten year […]
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HighGold Mining, Defense Metals, Coral Gold, and general junior sector volatility
“Be bold and mighty forces will come to your aid”—someone famous once said that. It might’ve been Francis McDormand. I don’t need to recap what happened last week in the broader markets, cept to say the selling was across-the-board, indiscriminate. In the resource arena, much of the price weakness we witnessed was exacerbated by the […]