USD dollar index is down 0.34% to 107.500 this morning, with the 10-year yield up 0.37% to 4.654% and the 30-year yield up 0.06% to 4.872%.
Gold (+0.64%), silver (+1.44%), and 0il (-0.51%) are up, and copper (-0.04%) is down.
Stock index futures are mixed, with the DJIA (-0.30%) down 133.8; the S&P 500 (-0.07%) is down 4.3 points, but the NASDAQ (+0.01%) is up 3.25 points. Risk barometer Bitcoin (+2.59%) is up $2,660 to $105,180.
GTCH/GGLDF PEA
Investors have woken up this morning and started to accumulate one of the cheapest stocks and best buying opportunities that I have encountered in over 45 years, carving up markets: Getchell Gold Corp. (GTCH:CSE; GGLDF:OTCQB).
Stocks
Stocks continue to advance as the Trump squeeze continues. Yesterday afternoon, between 3:00 pm and the close, a classic short squeeze gripped the S&P and NASDAQ as traders scrambled to get onside.
This is shaping up more like 1981 every time I glance at a long-term chart.
Want to be the first to know about interesting Gold investment ideas? Sign up to receive the FREE Streetwise Reports' newsletter. | Subscribe |
Important Disclosures:
- As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Getchell Gold Corp.
- Michael Ballanger: I, or members of my immediate household or family, own securities of: Getchell Gold Corp. My company has a financial relationship with Getchell Gold Corp. I determined which companies would be included in this article based on my research and understanding of the sector.
- Statements and opinions expressed are the opinions of the author and not of Streetwise Reports, Street Smart, or their officers. The author is wholly responsible for the accuracy of the statements. Streetwise Reports was not paid by the author to publish or syndicate this article. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Any disclosures from the author can be found below. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy.
- This article does not constitute investment advice and is not a solicitation for any 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. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company.
For additional disclosures, please click here.
Michael Ballanger Disclosures
This letter makes no guarantee or warranty on the accuracy or completeness of the data provided. Nothing contained herein is intended or shall be deemed to be investment advice, implied or otherwise. This letter represents my views and replicates trades that I am making but nothing more than that. Always consult your registered advisor to assist you with your investments. I accept no liability for any loss arising from the use of the data contained on this letter. Options and junior mining stocks contain a high level of risk that may result in the loss of part or all invested capital and therefore are suitable for experienced and professional investors and traders only. One should be familiar with the risks involved in junior mining and options trading and we recommend consulting a financial adviser if you feel you do not understand the risks involved.