Archive for Opinions

Agreement Facilitates Progress Toward Medical Device Approvals

By The Life Science Report

Source: Streetwise Reports   06/20/2018

This medical device company enters a partnership to provide quality and regulatory services.

In a June 12 press release, Nu-Med Plus Inc. (NUMD:OTC.MKTS) announced a strategic partnership with Millenium Biosciences to provide “company quality and regulatory service.”

Nu-Med manufactures medical devices for delivery of inhaled nitric oxide in hospital and other settings. Inhaled nitric oxide “is presently used in neonate hypoxia therapy (inadequate oxygen level in newborns), COPD (chronic obstructive pulmonary disease) and other pulmonary problems and may have future applications for a variety of other diseases and medical complications that are currently being investigated,” the company stated in the release.

Jeff Robins, president and CEO of Nu-Med Plus, praised Millennium and its leader, Mike D’Amico, in the release, stating, “For the past 30+ years, Mr. D’Amico has been a successful professional in the Quality and Regulatory field in the capacities of quality project management and regulatory affairs. We are excited to have retained Millennium Biosciences as we aggressively step forward pursuing ISO 13485 training and certification for our company along with approvals for our products.”

Want to read more Life Sciences Report articles like this? Sign up at www.streetwisereports.com/get-news for our free e-newsletter, and you’ll learn when new articles have been published. To see recent articles and interviews with industry analysts and commentators, visit our Streetwise Interviews page.

Disclosure:
1) Tracy Salcedo compiled this article for Streetwise Reports LLC and provides services to Streetwise reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following company mentioned in this article is a billboard sponsor of Streetwise Reports: Nu-Med Plus. Click here for important disclosures about sponsor fees. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports’ terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article, until one week after the publication of the interview or article.

( Companies Mentioned: NUMD:OTC.MKTS,
)

Warning All Investors: Global Markets are Shifting away from US Price Correlation

By TheTechnicalTraders.com

Well over a month ago we warned our followers of a “capital market shift” that was taking place in the global markets.  Nearly 3 months before that time, we warned that China’s economy was about to enter a sustained economic downtrend cycle that could be dangerous to the global markets.  Today, we offer further evidence that the global markets are, in fact, shifting away from a price correlation to the US stock market and this move could be a warning sign that emerging markets and global markets could lead the world into an extended stagflation cycle.

Think about this for a minute, as we briefly discussed in our last article, what would happen if the US markets continued to rally on a strong economy with strong consumer participation while the US Fed was slow to raise interest rates while supporting a transitional shift of the US economy towards more manufacturing, technology, and expectations?  How would the world’s economies react to such a shift given their current economic cycles and opportunities?  Would they be able to keep up with the US or would they start to trail further and further behind the US?

It is our belief that any continued strengthening of the US economy could, in fact, present real dangers for many of the world’s economies simply because they may fall completely out of sync with the US stock market as their currencies, economies and consumer expectations fail to keep up with the US capabilities.  How all of this will play out over the next few months/years is our concern.  We know it will result in some tremendous trading opportunities for investors, but it could also create a new class of undervalued assets that could present some real long-term opportunity over the next 20+ years.

Let’s start by taking a look at our China/Asia custom index to show how the past 60+ days have more clearly shown this price disconnect happening.  When you look at this chart, pay attention to how closely this custom index (the candles) have moved in relation to the SPY (the blue area chart overlaid onto the candles).  Notice how the moves in the SPY were relatively closely mirrored by the custom index.  This is a direct price correlation to the SPY over an extended period of time.

Now, focus on the last 6~9 bars on this chart and take a really close look at how the SPY has rallied higher while this custom index has stayed flat to lower over the same time frame.  The only answer for this type of price disconnect is that a global capital shift could be underway that is driving capital out of certain markets and away from risk and danger.  In other words, it is our opinion that the China/Asia markets are starting to be perceived as riskier and more dangerous in relation to the US market and other more mature markets.

 

Now, let’s take a look at the BRICS custom index.  YIKES!!  What happened here?  Through most of 2017, a price correlation can be seen where the BRICS index moved somewhat in unison with the SPY price activity – although in some cases a bit delayed.  Yet, after March 2018, something dramatic happened.  When the SPY rotated lower in late March 2018, the BRICS index stayed relatively flat near the highs.  Then in May 2018, a price disconnect became very evident as the SPY began to rally while the BRICS index began to sell-off – very dramatically.  The BRICS index also broke through the BLUE price channel recently which is another sign that price trends/activities have shifted.

You should now be starting to see what we have been warning you about for months – the global capital market shift that is taking place.  This is happening because mature nations and economies are capable of achieving great economic growth and stability than many foreign markets and because many foreign markets have squandered the last 10+ years attempting to expand externally and not support their fundamental economic needs.  As we have used this example before, a flower only has two modes of operation – flower mode (expand) or survive (keep the core plant alive).  We believe these foreign markets have been in “flower mode” for the past 10+ years and have failed to support the core elements of their economies.

Now, onto more examples, this time Western Europe.  Again, this custom index is weighted with the SPY, so it should reflect some of the price support of the recent uptrend.  Yet, we see the most recent few weeks of this chart have shown a dramatic downtrend?  This would indicate that the European markets/currencies are disconnecting from the US majors at a much more dramatic pace, recently, that they have been over the past few years.  Yikes!

 

What about India & SE Asia?  Our custom India index has shown relatively FLAT recent price activity compared to the SPY.  Overall, our opinion is that India has yet to completely diverge from the US majors and we urge all investors to be aware that any further price breakdown in this India custom index will warn that the Indian/SE Asian economies are losing their battle to stay correlated to the US markets going forward.  Right now, there is evidence of weakness in the India custom index – yet there are limited signs of a broken correlation to the US markets.  It certainly shows that this price disconnect could be happening and likely is happening – yet we don’t have clear signs that this custom index is breaking to new lows (yet).

 

Lastly, lets take a look at our Russia/Eastern Europe custom index for signs of a price disconnect.  This chart is somewhat similar to the India chart (above).  There are signs of weakness and downside price rotation while the SPY has been rallying, yet there is not massive disconnect evident on the right edge of the chart.  We believe the recent downside price rotation within this custom index are the early warning signs of a price disconnect in the early stages of setting up (just like in the India chart).  We believe these charts clearly show that the US market (and other mature economies) are advancing beyond the functional capabilities of many emerging and foreign markets.  What will come from this, if it continues to play out as we expect, is a huge number of opportunities for traders and investors.

 

The next 3 to 5 years are likely to be very interesting and exciting for traders and investors.  These types of moves don’t happen too often and should these markets continue to rotate as we are expecting, we could see some very big currency and foreign market moves over the next few months and years.  You owe it to yourself to stay ahead of this move and learn how to profits from the extended volatility that will likely result from this price disconnect.

We believe we have nailed this analysis as we have correctly called the weakness in China/Asia as well as the global capital shift that is starting to play out in the global markets.  We already know what will likely move and when we should expect these opportunities to set up.  We are preparing our valued subscribers for this move and protecting them by providing them even more detailed research and analysis than you are seeing here.  Visit www.TheTechnicalTraders.com to learn how this could be the biggest opportunity of your trading and investing life and how you need a qualified and dedicated team of researchers to help you stay ahead of these moves over the next 2+ years with our long-term discounted subscription plan and Save 39%.  There will come a time when you will be wishing you had access to our proprietary research and member-only trade alerts and investment positions. Become a technical trader today and prosper with us!

Chris Vermeulen
Technical Traders Ltd.

By TheTechnicalTraders.com

 

Is Panic Selling Great for Technical Traders?

By TheTechnicalTraders.com

Our articles, Technical Trading Mastery book, and 3 Hour Trading Video Course are designed for both traders and investors to explore the tools and techniques that discretionary and algorithmic traders need to profit in today’s competitive markets. Created with the serious trader and investor in mind – whether beginner or professional – our approach will put you on the path to win. Understanding market structure, trend identification, cycle analysis, volatility, volume, when and when to trade, position management, and how to put it all together so that you have a winning edge.

By TheTechnicalTraders.com

Aben Looks for an Instant Replay of 2017 in the Golden Triangle

By The Gold Report

Source: Bob Moriarty for Streetwise Reports   06/19/2018

Bob Moriarty of 321 Gold discusses the drill program of an explorer in the Golden Triangle that had some high-grade holes last year.

I will keep repeating the same message. We are in the timeframe of June/July for a tradable low in gold and silver. The DSI fell below 10 but the COTs do not yet reflect the extreme of emotion required for a vibrant bull move.

For those readers not familiar with supply and demand as a factor in price, manipulation is the worse reason to invest in anything. If you believe that the only issue with why gold and silver sell for what they do is JP Morgan or the fictional “Bullion Banks” manipulating the price 24/7 you really owe it to yourself to consider investments more suitable to your investment style such as Beanie Babies or “Bitcon.”

Bitcon topped in December and has fallen 70% since then. The “True Believers” are yet to realize that over $500 billion of their money went to cliptocurrency heaven never to return but in a year or two they will begin to understand what a bubble looks like when it blows up.

Between those still tossing their pennies into the Bitcon fraud with 1,907 variations and the herd chasing the FANG stocks a lot of money that could have gone into the penny dreadfuls was off chasing a wisp of the will-o. Our beloved President Trump just started a trade war and unlike other wars, with a trade war you always know the score as soon as the first bullets fly. Everyone loses. And you can count on it giving a giant thump to the already unsteady world financial system.

So while the tiny segment of the resource followers climb the mountain to howl at the moon about how unfair markets are, those who understand that supply and demand do matter, as does market sentiment, are preparing for the next move higher. The lower the DSI and COTs go over the next month, the stronger the rally will be. This is not a good time to be whining about manipulation but a wonderful opportunity to start harvesting a crop of low hanging fruit.

As readers may remember I have started writing a book about investing in junior resource stocks. (At least I’m up to starting to think about writing a book. Seriously thinking, mind you.) The company I am writing about today makes a perfect example of why you need to trade stocks and sell when you can at a profit.

Aben Resources Ltd. (ABN:TSX.V; ABNAF:OTCQB) was the subject of a piece last September just before they came out with brilliant results. You should read the piece because it gives a lot of background on Aben and their three key projects. In any case Aben was drilling their Forrest Kerr gold project in the Golden Triangle and was about to release results.

A year ago the Golden Triangle was hot with Garibaldi Resources Corp. GGI up from $0.12 in June to $5.27 in October before starting a major correction to $2.10. I make the very valuable point in Nobody Knows Anything that everything goes up and everything goes down. Also if you don’t take a profit when you can, your only alternative is to take a loss.

If you bought GGI at $0.12 and rode it all the way up, you made $5.15. But if you didn’t sell, you also may have lost $3.05 on the way down. My point is that no matter how brilliant results are, you need to have a plan to sell at a profit or the market gods will bite you on the ass and hand you a loss.

Likewise, Aben Resources was at $0.09 in June of 2017 and rocketed higher, with all of the Golden Triangle sisters, to a top of $0.495 before correcting to $0.105 in November as we drifted into the seasonal low at the end of the year.

Aben chart

Results from Forrest Kerr for the 2017 drill season were as high as 18.9 g/t gold, 16.6 g/t silver and 2.2% copper over three meters. In a hole slightly deeper but in the same zone, results came up as 21.5 g/t gold, 28.5 g/t silver and 3.1% copper over six meters.

Rock value

Rock value

Aben just began a 5,000-meter drill program at Forrest Kerr to follow up on the discovery from last year they call the Boundary zone. Look for assay coming from a variety of companies in the Golden Triangle to start hitting the market in just over a month. Hopefully with a tailwind from the price of gold and silver Aben Resources will duplicate last year’s action.

Aben is an advertiser and I am biased, naturally. I participated in a PP with the company and own shares. Do your own due diligence.

Aben Resources
ABN-V $0.22 (Jun 18, 2018)
ABNAF-OTCBB 78.9 million shares
Aben Resources website.

Bob and Barb Moriarty brought 321gold.com to the Internet almost 16 years ago. They later added 321energy.com to cover oil, natural gas, gasoline, coal, solar, wind and nuclear energy. Both sites feature articles, editorial opinions, pricing figures and updates on current events affecting both sectors. Previously, Moriarty was a Marine F-4B and O-1 pilot with more than 832 missions in Vietnam. He holds 14 international aviation records.

Want to read more Gold Report articles like this? Sign up for our free e-newsletter, and you’ll learn when new articles have been published. To see a list of recent articles and interviews with industry analysts and commentators, visit our Streetwise Interviews page.

Disclosure:
1) Bob Moriarty: I, or members of my immediate household or family, own shares of the following companies mentioned in this article: Aben Resources. Aben Resources is an advertiser on 321 Gold. I determined which companies would be included in this article based on my research and understanding of the sector.
2) The following companies mentioned are billboard sponsors of Streetwise Reports: Aben Resources. Click here for important disclosures about sponsor fees. As of the date of this article, an affiliate of Streetwise Reports has a consulting relationship with Aben Resources. Please click here for more information.
3) Statements and opinions expressed are the opinions of the author and not of Streetwise Reports or its officers. The author is wholly responsible for the validity of the statements. The author was not paid by Streetwise Reports for this article. Streetwise Reports was not paid by the author to publish or syndicate this article. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports’ terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article, until one week after the publication of the interview or article. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Aben Resources, a company mentioned in this article.

Charts provided by the author.

( Companies Mentioned: ABN:TSX.V; ABNAF:OTCQB,
)

Jack Chan Unwraps Trend Reversal and Long Consolidation

By The Gold Report

Source: Streetwise Reports   06/19/2018

Technical analyst Jack Chan charts the latest moves and an ‘agonizingly long consolidation’ in the gold and silver markets.


Our proprietary cycle indicator is up.

 


The gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long term.

 


The gold sector is on a short-term buy signal. Short-term signals can last for days and weeks, and are more suitable for traders.

 


Speculation is in bull market values.

 


Our ratio between gold and gold stocks has been effective in identifying the price action in both bull and bear markets.

– Since breaking down in 2011, the sector has been in a bear market with periods of consolidations before the trend resumed. Untrained eyes would jump at those consolidations as the beginning of a bull market.
– The trend reversed in early 2016 with a breakout, followed by an agonizingly long consolidation so far.

 


Silver is on a long-term buy signal.

 


SLV is on a short-term buy signal, and short-term signals can last for days to weeks, more suitable for traders.

 


Speculation spiked up this week along with OI; should see a pullback.

Summary
The precious metals sector is on a long-term buy signal. Short term is on mixed signals. The cycle is up. COT data is supportive for overall higher metal prices. We are holding gold-related ETFs for long-term gain.

Jack Chan is the editor of simply profits at www.simplyprofits.org, established in 2006. Chan bought his first mining stock, Hoko Exploration, in 1979, and has been active in the markets for the past 37 years. Technical analysis has helped him filter out the noise and focus on the when, and leave the why to the fundamental analysts. His proprietary trading models have enabled him to identify the NASDAQ top in 2000, the new gold bull market in 2001, the stock market top in 2007, and the U.S. dollar bottom in 2011.

Want to read more Gold Report articles like this? Sign up for our free e-newsletter, and you’ll learn when new articles have been published. To see a list of recent articles and interviews with industry analysts and commentators, visit our Streetwise Interviews page.

Disclosure:
1) Statements and opinions expressed are the opinions of Jack Chan and not of Streetwise Reports or its officers. Jack Chan is wholly responsible for the validity of the statements. Streetwise Reports was not involved in any aspect of the article preparation or editing so the author could speak independently about the sector. The author was not paid by Streetwise Reports LLC for this article. Streetwise Reports was not paid by the author to publish or syndicate this article.
2) Jack Chan: We do not offer predictions or forecasts for the markets. What you see here is our simple trading model, which provides us the signals and set-ups to be either long, short, or in cash at any given time. Entry points and stops are provided in real time to subscribers, therefore, this update may not reflect our current positions in the markets. Trade at your own discretion. We also provide coverage to the major indexes and oil sector.
3) This article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports’ terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.

Charts courtesy of Jack Chan

The Fed Is Driving Down Oil Prices

By OilPrice.com

The U.S. dollar has jumped to its strongest level in nearly a year, raising questions about how a strong greenback could act as a drag on debt and oil demand in much of the world.

The U.S. Federal Reserve announced another rate hike a few days ago, which helped edge up the dollar to a new high for the year.

The greenback has “a little room to run,” Kathy Jones, a New York-based chief fixed-income strategist at Charles Schwab, said in a Bloomberg interview. “We have seen softer numbers out of Europe and firmer numbers out of the U.S.” The U.S. Federal Reserve is unwinding its extraordinary monetary intervention after a decade of near-zero interest rates. The Fed has announced quarter-point interest rate hikes twice and is planning on at least two additional increases this year.

Meanwhile, the European Central Bank is heading in the other direction in an effort to keep sovereign bond yields from spiraling out of control, particularly after the recent political turmoil in Italy unnerved bond markets on the continent. The ECB said it would keep interest rates low through at least next summer.

The diverging policy paths for the two central banks points to a further strengthening of the dollar relative to the euro. The Bloomberg Dollar Spot Index jumped to 1,187 in early trading on Friday, the highest level since July 2017. The greenback has strengthened about 6 percent in the past two months.

Source:  Bloomberg

“(ECB President Mario) Draghi came out a little bit more dovish than people thought he was going to be. And that really caused the euro to take a dip and the (U.S.) dollar to go up, which is putting downward pressure on prices,” Phil Flynn, analyst at Price Futures Group in Chicago, told Reuters.

There are plenty of factors influencing oil prices right now, and the OPEC+ decision expected in a few days will be the single most important driver in the near-term. But the U.S. dollar is one important variable influencing oil prices. A stronger dollar helps push down prices because it makes oil, which is priced in dollars, much more expensive in much of the world.

Moreover, emerging markets now account for a majority of oil demand, and nearly all of the growth in oil demand. More specifically, additional consumption over the next few decades is expected to overwhelmingly come from China and India. In 2018, the two countries have accounted for nearly 70 percent of oil demand growth.

As a result, actions from the Fed reverberate through the oil markets. Higher oil prices act as a drag on demand, but a stronger greenback magnifies the expense in local currency.

Some governments are desperate to shield their economies from higher prices. As Reuters notes, the price of a liter of diesel in India is up 27 percent from a year ago, which, while costly, is actually subdued given the 70 percent increase in Brent prices over that time period. The Indian government is stepping in to blunt the impact of higher fuel prices, at great expense to public coffers.

The IEA said last week that oil demand is set to grow by 1.4 million barrels per day (mb/d) in each of 2018 and 2019, although that forecast was vulnerable to several potential pitfalls. “Of course, there are downside risks: these include the possibility of higher prices, a weakening of economic confidence, trade protectionism and a potential further strengthening of the US dollar,” the IEA wrote.

We have already seen some flashpoints flare up this year as a result of both higher fuel prices and currency problems, and while there are always multiple causes to such events, the strength of the U.S. dollar cannot be discounted. In Argentina, the peso lost nearly a quarter of its value relative to the dollar, forcing the government to seek a financial rescue from the IMF. In Brazil, crippling protests over high fuel prices paralyzed the country – prices were particularly painful for the truckers staging the strikes because Brazil’s currency lost nearly 15 percent of its value relative to the dollar, exacerbating the rise in oil prices.

“Currency risks are also mounting for several emerging market economies and some OECD countries,” the IEA wrote in its report. “For example, between the start of April and the end of May, the Argentinian peso has depreciated by 24% versus the US Dollar, the Brazilian real by 12.6%, the Mexican peso by 9.7%, the Russian ruble by 9.2%, the Turkish lira by 14.4%, the South African rand by 7.3% and the euro by 5.4%.”

This currency turmoil threatens oil demand growth. “These depreciations forced some countries to increase interest rates to defend their currency, which could weigh on growth in due course,” the IEA concluded.

By Nick Cunningham of Oilprice.com

Link to original article: https://oilprice.com/Energy/Energy-General/The-Fed-Is-Driving-Down-Oil-Prices.html

 

 

Natural Gas Setup for 32% Move in UGAZ Fund

By TheTechnicalTraders.com

As we all know a picture says 1000 words, which is one of the reasons why I gravitated to trading using technical analysis. I can look at a chart and in seconds understand what price has done and is likely to do in the near future, without knowing a single thing about the company, index, or commodity. Why spend time reading news, financial statements, and other opinions when you can fast-track the entire process with a chart.

So, let’s just jump into the 30-minute chart of natural gas which shows the regular trading hours 9:30am – 4pm ET.

NATURAL GAS 30-MIN CHART WITH OVERSOLD AND TREND ANALYSIS

This chart could not be any more simple. Green bars and green line mean price is in an uptrend and you should only look to buy oversold dips. We got long a 3x natural gas ETN on May 3rd right near the dead low. After a few weeks, price action and longer term charts started to signal potential weakness, so we closed out the position for a simple 32% profit.

 

UGAZ 3X  LEVERAGED NATURAL GAS FUND

Here is 240 minute (4-hour) candlestick chart of the natural gas fund.

 

53 years experience in researching and trading makes analyzing the complex and ever-changing financial markets a natural process. We have a simple and highly effective way to provide our customers with the most convenient, accurate, and timely market forecasts available today. Our stock and ETF trading alerts are readily available through our exclusive membership service via email and SMS text. Our newsletter, Technical Trading Mastery book, and 3 Hour Trading Video Course are designed for both traders and investors. Also, some of our strategies have been fully automated for the ultimate trading experience.

By TheTechnicalTraders.com

 

Goliath Hits the Ground Running near the Golden Triangle

By The Gold Report

Source: Bob Moriarty for Streetwise Reports   06/17/2018

Bob Moriarty of 321 Gold profiles a prospect generator in the Golden Triangle.

The Daily Sentiment Indicator tumbled to a value of 9 on Friday Jun 15th. I have said for weeks that we are due a tradable low in the June/July timeframe and it would need to be below 10. So we are in the timeframe and it is below 10.

It’s just my opinion but I still see too many bulls and I suspect the low is a couple of weeks away. Look for a plunge in speculator silver and gold COTS in the weeks ahead. Since the COTs measure from Tuesday to Tuesday, this week’s values won’t reflect Friday’s drop but I would wager that the plunge on Friday torched some of the PermaBulls still looking for the latest variation of the “Gold Derivatives Time Bomb.”

You don’t have turning points higher when the open interest in silver is at a near record high. Look for lower gold and silver ahead, lower open interest and speculator panic selling coming. The DSI will mark the bottom when it comes.

Meanwhile back at the ranch, the opportunity to pick up quality juniors now on the bargain table is here. We have a new advertiser, Goliath Resources Ltd. (GOT:TSX.V) with an interesting business plan. The shares have already doubled in the last five weeks as investor interest in the Golden Triangle of British Columbia heats up.

If investors think back, GT Gold went from $0.40 to $2.76 in two months after reporting 10.67 meters of 13.03 g/t of gold right at a year ago. The stock has retraced much of the rocket higher to $0.82 but for investors swift of feet there was a wonderful opportunity to take some nice profits. That was about the same time Garibaldi shot from $0.12 to $5.27 based on little more than indications of mineralization at their E&L project in the Golden Triangle.

In early 2017 company President and CEO Roger Rosmus optioned four major projects in BC from the J2 Syndicate. The terms are not cheap but the properties are the most prospective of J2’s suite. As one of the main financiers of J2, Roger had first call on the best properties.

The Lucky Strike project has two high priority targets for Goliath for exploration in 2018. For an option on 100%, Goliath agreed to pay J2 $989,000 over a five year timeframe and a work commitment of just over $6.5 million over the same time. The payments and work commitments are back-end loaded so Goliath can take a flyer on the project for not a lot of cash.

In any case, they are cashed up for the 2018 season and have about 64 million warrants at an average price of $0.18 so potentially another $11.5 million in cash for follow up drilling in 2019.

Goliath’s 2018 drill program at the Bullseye target at Lucky Strike consists of a starter 500-meter drill program going for a 2.4 km by 3.4 km classic text book porphyry. Two of the most prolific placer gold creeks in the district surround the property. The company will be doing IP, trenching, soils samples and mapping before starting the short program.

The other hot property that is part of the Lucky Strike project is called the Kingpin. An extensive polymetallic structure in bedrock is believed to have a potential for another Eskay Creek deposit. Over an area of 830 meters by 130 meters samples have shown 14.6 g/t Au, 118 g/t Ag with zinc and lead as well. This summer’s groundwork is intended to produce targets for a 2019 drill program.

Goliath also intends a small 500-meter scout drill program at the newly discovered Copper King target within the Copperhead property. Copper King shows a volcanic breccia at surface that measures 2,000 meters by 350 meters. Results from last year measure up to 7.97% Cu and 45.4 g/t Ag.

The agreement for 100% on Copperhead calls for cash payments of just over $550,000 over a five-year period as well as a work commitment of $1.2 million during the same five years. Again, the schedule is back-end loaded to allow the most money to be put into the ground first. Naturally, success will make further financing easier and hopefully at higher prices.

Within the same Copperhead project is another property named Golddigger. It is an alteration zone of 115 meters by 95 meters within a 1,200-meter by 150-meter visible zone. Grab samples from last year from a large breccia area assayed 21.1 g/t Au, 214 g/t Ag, 3.25% Pb and 0.26% Cu. The company will do the normal groundwork of mapping and sampling this summer in order to determine the best drill targets for next year.

A natural question for investors would be, why are these properties just now being developed if they are so potential? And the answer is both simple and obvious. Glaciers and ice fields covered all four properties picked up by Goliath until recently. You couldn’t see what was underneath until climate change revealed the riches beneath. So for all practical purposes, these are brand new projects. They were hidden from view for the last 15,000 years.

Goliath is a project generator. They have no intention or ability to take a project to production. They intend to do the basic groundwork to prove the scope of the property and then either vend it to a mid-tier or major or do a joint venture. The drill programs are designed to pick the low hanging fruit and polish them up so bigger companies will see the potential and invest or buy them out.

I found Goliath to be interesting because they understand full well that they are competing for investor dollars with the other thousand or so juniors with interesting stories. They understand that if you don’t tell the story, you don’t have a story and are aggressive in bringing investor eyes to their vision and execution. Their presentation is excellent and anyone really interested in the Golden Triangle should view it.

Goliath Resources
GOT-V $0.22 (Sep 26, 2017)
GOTRF OTCBB 84.5 million shares
Goliath Resources website

Bob and Barb Moriarty brought 321gold.com to the Internet almost 16 years ago. They later added 321energy.com to cover oil, natural gas, gasoline, coal, solar, wind and nuclear energy. Both sites feature articles, editorial opinions, pricing figures and updates on current events affecting both sectors. Previously, Moriarty was a Marine F-4B and O-1 pilot with more than 832 missions in Vietnam. He holds 14 international aviation records.

Want to read more Gold Report articles like this? Sign up for our free e-newsletter, and you’ll learn when new articles have been published. To see a list of recent articles and interviews with industry analysts and commentators, visit our Streetwise Interviews page.

Disclosure:
1) Bob Moriarty: I, or members of my immediate household or family, own shares of the following companies mentioned in this article: None. Goliath Resources is an advertiser on 321 Gold. I determined which companies would be included in this article based on my research and understanding of the sector.
2) The following companies mentioned are billboard sponsors of Streetwise Reports: None. Click here for important disclosures about sponsor fees.
3) Statements and opinions expressed are the opinions of the author and not of Streetwise Reports or its officers. The author is wholly responsible for the validity of the statements. The author was not paid by Streetwise Reports for this article. Streetwise Reports was not paid by the author to publish or syndicate this article. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports’ terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article, until one week after the publication of the interview or article.

( Companies Mentioned: GOT:TSX.V,
)

The Most Convenient Way to Hold Precious Metals

By Money Metals News Service

Most people buying physical bullion believe in the adage “if you can’t hold it in your hands, you don’t really own it.” There is real wisdom in having the total control that comes with physical possession.

A person with a gold coin or bar can travel anywhere and trade for value with anyone, without permission. It exists outside the financial system and cannot be confiscated or “frozen” electronically. And, unlike stocks, bonds, and pretty much all conventional assets, the value of the gold is not reliant upon the good and honest performance of other parties including company executives, bankers, or borrowers.

For most people, having physical possession of their gold and silver is the best idea. But that does not mean that’s the case for all people. Nor does it mean ALL of the metals an investor may own.

Money Metals Depository

There are some pretty good reasons to store a portion of your metals with a vault service. There are even more good reasons to store with Money Metals Depository in particular.

For starters, we can both provide storage AND act as a dealer should you decide to either purchase or sell the metal. There is no better way to maximize liquidity and eliminate costs associated with shipping and insurance.

Depository Clients Can Easily Buy, Sell, or Transfer Online

Money Metals Depository clients can instantly sell stored metals and receive payment within one business day. Considering the time and expense involved in packaging and shipping metals kept at home, that can be quite an advantage.

Shipping precious metals can be a hassle for investors. It must be packaged and hauled to the Post Office. If the metal is lost in transit (albeit extremely unlikely), the party doing the shipping – in this case, the person who is selling – will have to navigate the insurance claims process with the Postal Service.

Vault storage will also be a huge upgrade in terms of physical security. The Money Metals Depository vault is Class III – the highest possible rating. In addition to the reinforced concrete and steel, there are several layers of electronic security and armed guards. And MMD is located directly below the county sheriff’s department which shares our building!

We can provide peace of mind to investors who worry about metal stored at home – or anyone who has a very large holding of bullion.

The metals stored in our vault is routinely audited and always fully insured via an “all risks” policy with Lloyds’ of London and other premier insurers. Investors storing at home and attempting to insure their gold and silver bullion under a homeowner’s policy will find there are some limits and expenses associated.

Vault storage with Money Metals Depository will also make a bullion investor more nimble. Eliminating the cost, delay, and hassle associated with shipping physical metals makes opportunistic trading more feasible.

Avoid the Hassle & Expense of Shipping Precious Metals When You Choose to Sell

People who want to swap based on an opportunity they see in the gold/silver ratio can do that easily. Right now, for example, it looks like a good time to switch gold for silver, given that silver is historically cheap relative to gold, about 77 to 1 at present.

Meanwhile, investors who share an interest in both metals and cryptocurrency will not find a better way to combine and manage the two asset types.

Crypto Currencies

Money Metals Exchange can help anyone instantly swap metals for the most popular cryptocurrencies – or vice versa. And we can provide that service with just a few minutes of set-up.

Volatility in the cryptocurrency markets has been extraordinary. The ability to exit crypto and park funds in more stable and secure gold can be invaluable. As can the ability to instantly switch some of your metals back into crypto when the time is right.

Higher net worth investors with large metals holdings have used vault storage for a very long time. A million dollar gold holding would be difficult to insure outside of a dedicated, professional vault. Storing that much gold without robust coverage against theft is a gamble most people won’t take.

Depositories have generally catered to large investors and institutions. The minimum charges can make storing smaller quantities very expensive.

Money Metals Depository is different in that regard. It was established to serve our existing clientele, regardless of how much metal they wish to store with annual fees start at just $96 year. That is less than the cost of a safe deposit box at most banks and way less than our competitors.

In just a couple minutes, you can sign up for your depository account right here.


The Money Metals News Service provides market news and crisp commentary for investors following the precious metals markets.

Coverage Initiated on Company That Defined ‘Gold Standard of Exploration Success’

By The Gold Report

Source: Streetwise Reports   06/16/2018

A BMO Capital Markets report laid out the investment thesis for this Nevada explorer.

In a June 8 research note, Andrew Mikitchook relayed that BMO Capital Markets initiated coverage on Gold Standard Ventures Corp. (GSV:TSX.V; GSV:NYSE) with an Outperform rating and a CA$3 per share price target “based on a conceptual-stage mine development plan and our expectation for exploration upside.” With the stock currently trading at around CA$1.61 per share, the target implies more than an 80% return.

Mikitchook outlined what’s attractive about Gold Standard Ventures from an investing perspective.

First, through exploration on its Railroad property situated on the Carlin Trend, the Nevada company has defined two gold discoveries, Dark Star and Pinion, which appear to be economic. North Dark Star, for example, shows “grades above peer heap-leach projects,” Mikitchook noted, and should be amenable to open-pit mining.

Second, “the Carlin’s rising star” has demonstrated “visibility on transitioning to development for over 100 thousand ounces per year of production,” the analyst wrote, with high grades from (North) Dark Star driving production initially. A preliminary economic assessment for Dark Star and Pinion is due out in the second half of 2018. The study could also incorporate Jasperoid Wash, depending on results from drilling currently taking place there.

Third, Gold Standard also boasts “significant exploration upside,” with its high probability of making additional discoveries, particularly since initial indications of such already exist. Additional discoveries could potentially be of “grade and/or scale similar to those driving significant gold production to the north for Barrick and Newmont,” said Mikitchook.

The company has ample room to explore on its 12-kilometer Railroad land package, the second largest in the mineralized Carlin Trend.

Additionally, the members of Gold Standard’s exploration team collectively have had great success specifically in the Carlin. Today, they’re concentrating on the Jasperoid Wash.

As for funding, the company has sufficient cash, CA$40 million, to cover its US$28.8 million 2018 exploration budget, Mikitchook reported.

Fourth, Gold Standard is an attractive takeover target based on its “exploration success combined with a proven technical exploration team in one of the top mining jurisdictions and in proximity to substantial Barrick and Newmont mines,” explained Mikitchook. In fact, two companies already have invested in the company, OceanaGold with a 15.5% interest and Goldcorp with a 9.9% stake.

The analyst opined that one of two events would likely catalyze a takeover. The first is the company making one or more additional high-grade or large-scale discoveries. The second is the company advancing the project toward a development decision by reaching permitting and engineering milestones.

In the interim, Gold Standard is expected to keep releasing drill results from Jasperoid Wash and Dixie along with infill/delineation drill results from Dark Star and Pinion.

Want to read more Gold Report articles like this? Sign up for our free e-newsletter, and you’ll learn when new articles have been published. To see a list of recent articles and interviews with industry analysts and commentators, visit our Streetwise Interviews page.

Disclosure:
1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: Gold Standard Ventures. Click here for important disclosures about sponsor fees.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports’ terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article, until one week after the publication of the interview or article. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Wheaton Precious Metals, a company mentioned in this article.

Disclosures from BMO Capital Markets, Gold Standard Ventures, June 8, 2018

 

IMPORTANT DISCLOSURES

Analyst’s Certification
I, Andrew Mikitchook, hereby certify that the views expressed in this report accurately reflect my personal views about the subject securities or issuers. I also certify that no part of my compensation was, is, or will be, directly or indirectly, related to the specific recommendations or views expressed in this report.

Analysts who prepared this report are compensated based upon (among other factors) the overall profitability of BMO Capital Markets and their affiliates, which includes the overall profitability of investment banking services. Compensation for research is based on effectiveness in generating new ideas and in communication of ideas to clients, performance of recommendations, accuracy of earnings estimates, and service to clients.

Company Specific Disclosures

Disclosure 1: BMO Capital Markets has undertaken an underwriting liability with respect to Gold Standard Ventures within the past 12 months.

Disclosure 2: BMO Capital Markets has provided investment banking services with respect to Gold Standard Ventures within the past 12 months.

Disclosure 3: BMO Capital Markets has managed or co-managed a public offering of securities with respect to Gold Standard Ventures within the past 12 months.

Disclosure 4: BMO Capital Markets or an affiliate has received compensation for investment banking services from Gold Standard Ventures within the past 12 months.

Disclosure 6A: Gold Standard Ventures is a client (or was a client) of BMO Nesbitt Burns Inc., BMO Capital Markets Corp., BMO Capital Markets
Limited or an affiliate within the past 12 months: A) Investment Banking Services

For Important Disclosures on the stocks discussed in this report, please click here.

( Companies Mentioned: GSV:TSX.V; GSV:NYSE,
)