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hector

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About hector

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    Centurion
  1. Thanks for the reassurance DrB. One of the reasons I still hold is due to your holding and continued enthusiasm. I think the best strategy is to hold on until end of the year when gold should be definitely higher and McEwen has reported better full year on year production and further drill results. I believe 1.8 is currently the fair value so doesn't make sense to sell now. And that fair value is rising all the time.
  2. There's no follow through here. Every time I post here with excitement is the top of the move. It really sucks. Shoulda bought First Majestic.
  3. Mux 1.97 Resistance smashed Expecting 2.2 to hit. Can't stop now.
  4. Feel like an idiot after all the yo-yoing, but I hope this time it will finally break 1.85, and then we will aim for DrB's target of 2.2.
  5. These 'people' are a different type of species to the rest of us. Let us ignore them like we ignore the chimps.
  6. Not a smooth ride this week but we have this: McEwen Mining Exploration Drives a Potential New Source of Production
  7. Indeed. Gold has gone through its correction when the Fed tightened last year. The Fed cannot tighten anymore and gold has broken out. As I said just before the breakout, that was the last we've seen of $1290 gold forever. It will never again go below that price.
  8. Agree with the analysis DrB. Here's to a smooth ride to 2.2.
  9. What do we think about MUX today? Currently trading back at 1.85. It's been a good boy. There is talk on Stockhouse that traders are gunning for a short squeeze. And that could send prices to $3. Also could be down to low liquidity before July 4 perhaps?
  10. In mid February I wrote this: No reason why stocks should end up lower over the year if USD depreciates relative to assets. In fact all fiat currencies are depreciating rapidly and that is why stock markets the world over are rising despite the fundamentals being crappy. I'd say we will probably be still around these levels (after a lot of ranging/whipsawing) at the end of the year. Possibly in the UK stocks at least we will continue a general rise into July to reach the top of the monthly range and then come back down the rest of the year to either the middle or bottom of the range. (FTSE 6580 - 7770) I am using the month of July as a mental milestone, particularly for the UK markets.
  11. BTC has topped for now. Was a combination of altcoin capitulation back into BTC and new capital coming into BTC off the back of Libra. Now I expect the easy gains to be made by investing in the depressed altcoins. ETH/BTC ratio has strong support at 0.025 and with the sell pressure taken off it is expected to bounce back to range resistance at 0.035.
  12. I see a small bounce at least for HK10. But silver is now falling again, and the extradition protests are not over.
  13. Still rising: BTC 12k ETH 340 I don't want to be harsh but a trader musn't deny reality. Crypto will have its place in the capital structure. He who has the dollar, makes the rules...?
  14. Best thing to do IMO is to focus on long-term value like housing or banking stocks. We know that banks will be bailed out. If you want a bargain, how about Deutsche Bank stock?
  15. I'm not buying industrials or tech stocks, because for me the reason for doing so would be to hedge against inflation, not because stocks are undervalued.
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