That was Eric Sprott talking Balmoral (BAR, TSX) during his weekly wrap-up. Balmoral is an important piece to the overall puzzle because they own approximately 80% of the belt, the Sunday Lake Deformation Zone (SLDZ) that stretches from Kirkland’s (KL, TSX, NYSE) Detour mine to Wallbridge’s (WM, TSX) high-grade Fenelon deposit.  You can’t get from Detour to Fenelon...

Games vs Gamesmanship: What Game Are You Playing? As it relates to the stock market, and specifically the price action of stocks, every so often we hear the term “games” being bandied about.  When price action is all over the place, when we see wild swings UP and DOWN, for what seems like no particular reason people will say “somebody’s playing games” (or something...

“Cash is trash,” says Ray Dalio.  “You have to have a certain amount of Gold in your portfolio.” That was the founder of Bridgewater Associates, the world’s largest hedge fund (not counting central banks), talking his book a little bit while stressing the importance of diversification all within the context of a crowded trade in “cash” at the World Economic Forum in...

Sad. It’s sad to hear about people that bought stocks at some point in their life, lost money and then quit. I’ll never forget about the time I lost all my money, 100% of it, on my top 2 stocks.  Golden Band and Connacher Oil were my favorites (I believe this was 2012), small Gold and petroleum producers.  Believe me, I’d done my homework.  These were big important...

Almost everybody should be officially back to work this week.  And some are in for a real surprise when they sit down and look at their screens.  Since just a few days before Christmas, Gold is up nearly $80 an ounce – even after today’s correction!  Silver’s up about a buck.  And Palladium.  Wow!  Palladium prices are like out of this world!  Rhodium is going nuts,...

At this moment you don’t have to stick your neck out too far.  You’re not really going out on a limb here.  We’re not waiting and hoping for higher prices anymore. The trend is your friend, and the trend is firmly in place.  So the risks relating to whether or not Gold prices would fall below $1,400 again, thereby making the lives of explorers and miners more...