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Goldminers

Silver Junior Miner Value Hunting - SPA / SPAZFSpanish mountain has very little debt and is highly leveraged to the price of silver. Very little downside here, tons of mid & long-term upside potential. Intrinsically undervalued company & assets. They're sitting on a literal mountain of silver trading well below their 2016 peak. Conservatively I see SPA / SPAZF increasing 150% in 2020. All this requires is SPA getting back to its 2016 high when silver was at $19. If we get $21 or $25 silver, which I believe is highly likely in 2020, then a 1.5 bagger in Spanish Mountain is pretty much guaranteed. It could fall from 9 cents to 6 or 5.5 cents, which is a 30-40% loss, and it could easily rise 150%. That's an extremely favorable risk-reward. If silver were to rise to $30, SPA could rise 400%. 50$ silver would give us close to 1000% gain in SPA. And eventually, when we get 3 digit silver. Whether that's $100 silver or $500 silver. Juniors such as Spanish Mountain could become 20-100x baggers. Think long-term ;)
TSXV:SPALong
by Ludwig_Von_Mises
1
YRI : Long SetupThere are 3 reasons why I chose YRI Stock : I am looking forward to a downward movement in USDCAD . (More explanation on Related Ideas.) I also follow up the stocks related to the precious metal sector traded in the S&P 500 Index . I think that precious metals are discounted according to the World indices.This is the most important reason. (More explanation on Related Ideas.) Technically, this chart is suitable for long position too. Parameters Position Size : I recommend a small portfolio weight just in case. Risk/Reward Ratio : 1/3.49 Stop-Loss : 4.16 Goal : 6.36
YLong
by Noldo
6
Silver Target of $26 as Silver Plays "Catch Up" to GoldSilver had a nice surge earlier in the year as Gold surged to $1550. Overall, Silver has underperformed gold this year and remains undervalued relative to gold. As the metals finish and round out of this consolidation (retest of the breakout) look for gold to move towards $1711 and $1834. Silver and Platinum will both follow gold's move and will outperform. We could see $26/oz Silver and $1200/oz Platinum as soon as the 2020 spring. Silver needs to hold above key support, which lies around $15.65-$16.10. A break below this would not be good for the metals market. I will be accumulating shares of junior silver miners throughout this consolidation. Miners can be volatile. Know your risk tolerance, know what you're trying to achieve.
TVC:SILVERLong
by Ludwig_Von_Mises
7
Gold Mining Sector is a No-Brainer. Cheapest it has ever beenGold miners versus the price of gold itself is the cheapest it has ever been. The gold mining sector cannot go to zero and it is the closest to zero it has ever been. How often does one get the opportunity to enter a sector at generational Value investors should love this sector. - fundamentally undervalued. basing at all-time lows - Gold achieved 6-year highs in the dollar this year and all-time highs in all other currencies. - Tremendous amounts of malinvestment and toxic debt. - Central banks openly expressing they will provide all the liquidity the market needs. Increasing acceptance of negative interest rates, including in the US Federal Reserve. No signs in sight of money printing slowing, precisely the opposite.
TVC:XAULong
by Ludwig_Von_Mises
5
Metals Correction is Almost Over. Onto Higher Targets for SilverGold broke out of a 6-year base this year, leading the other metals and commodities. 6-year base breakouts don't just end in 1-month surges. We have higher gold targets following this correction. $1711 and $1834 gold targets in the next 3-5 months. To us, this correction is an accumulation opportunity. When silver rallies to $25, silver miners will have a ton of ground to cover. Some are speculating on a more significant decline in gold prices. We could certainly correct to the low $1400s but it will be a short-lived correction not a new bear trend. Low 1400s is overly optimistic in my opinion. I don't think we'll see below 1434, but if we do, that's just another chance to buy more for cheaper.
NYSE:EXKLong
by Ludwig_Von_Mises
1
Gold and Silver Miner Buying Opportunity At Gold current prices, Spanish Mountain and many other junior miners are severely undervalued. Merely a move back to previous highs would be significant. In the event that we see a 1970's or early 2000's style gold rally in the coming decade, junior miners such as Spanish Mountain will perform incredibly. I continue to believe that the gold mining sector has enormous potential that is being overlooked. I am anticipating more of a pullback in gold, which would coincide with a little more downside in SPAZF. Even if we don't see that pullback, I will continue to dollar-cost-average in SPAZF and other miners for long-term investment. This is not trading or investing advice, merely educational research. DYODD
OTC:SPAZFLong
by Ludwig_Von_Mises
1
Hochschild Mining - Gold miners in demand amid uncertainty.Technical Analysis Hochschild Mining was a higher yesterday against a backdrop of red in UK markets. The shares appear to have been in the process of bottoming out over the past few months and have now completed an inverse head and shoulders bottom. This is a powerful reversal pattern and suggest there will be more upside over the medium term. Fundamentals Hochschild Mining currently ranks above average in our fundamental model with exceptional scores on value and momentum metrics. The shares have significantly outperformed the market over the past 1 to 3 months and we expect this to continue. Pros The company recent produced its 2nd best production performance in its history. RBC Capital Markets reiterated their ‘Outperform’ rating on the 5th July 2019 with a 260p price target. Global markets are in decline which could prompt even more demand for safe haven assets like gold. Cons The overall market is very volatile. This could impact the performance of all assets in the short term. Berenberg bank issued a sell rating on the 17th July 2019 with a 165p price target. Recent market declines have been short lived, if this occurs again investors may seek risker assets. Entry At Market (208p) Stop: 192.40p Target: 277p
LSE:HOCLong
by Investamate
Wesdome Gold MinesIn the precious metals mining industry a large part of equity prices reflect the price of gold and silver. But in this herd of mismanaged elephants and lottery tickets, there exists a few properly managed nuggets that are hidden in the piles of wasted ore. Wesdome is one of those companies. When the gold market really takes off investors will eventually realize this (many already have), and as hot money rolls into mining companies, outfits like Wesdome can be easily overlooked against the larger cap majors. But eventually the smart money finds the well managed companies. This is a long-term hold. Much like Kirkland Lake was a couple of years ago. Watch it shine with Gold and expect a healthy return in the medium term. (assuming banksters don't smash gold).
TSX:WDOLong
by risk1911
LONG CDE - Company just broke out of a 8 year down trendCDE is a great buy here as the stock has broken out of a 8 year down trend starting in 2011. CDE has lagged other silver miners slightly during these recent silver breakout (). They are optimizing recovery and costs at current claims and have a great deal of exploration and potential for new claims in the works. They have suffered from aggressive short selling as of late - see: fintel.io , but this should just fuel a spike in the stock as Silver moves to its next resistance point of $17.30. Technically resistance at $5.20, then $5.75.
NYSE:CDELong
by chandldj
1
Vaneck Vectors ETF: Medium term sell opportunity.GDX has printed a Death Cross (MA50 crossing below the MA200) on a similar trading pattern as in 2016. The RSI price sequence is also identical, indicating that at least one more bearish sequence is due. With MACD turning at -0.277, it is an optimal opportunity to short. Our TP is 19.00. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
AMEX:GDXShort
by InvestingScope
Gold Related: Strong Sell Head and shoulders reversal pattern formation complete on gold . Wait for confirmation with bounce off the 1290 neckline. Suggest using a short position on futures options or mining etfs (JNUG, JDST) watch gold closely and cover to stop loss should price rise above the pattern's neckline. Watch for breach of trendlines as indicated in chart to invalidate the trade. Price Target 1: 200 day moving average currently at $1251 Price Target 2: $1215 as i dicated by measuring destance from top of head to the neckline. FOREXCOM:XAUUSD TVC:GOLD AMEX:JNUG AMEX:JDST AMEX:DUST AMEX:NUGT AMEX:GDXJ AMEX:GDX AMEX:GLD
TVC:GOLDShort
by HandofGold
1