$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…
Category: Business
$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…
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…
Current Discounts to Expected Value
HOLDING % DISCOUNT ABMBF 34% AGQ 25% BCEKF 51% CPER 14% DMIFF 28% GAU 11% GDX 21% GDXJ 24% HCHDF 56% HL 22% LUCRF 26% NEM 33% PLTM…
Current Edges
An ‘edge’ is defined as follows: A value at which the market has overpriced the odds of continued loss; where consensus estimation errors indicate betting odds are considerably…
Nothing left to load.