Gold Mania Phase Approaching for Junior Miners: Michael Ballanger
The Gold Report: Michael, can you tell us why you believe we are at the psychological and valuation bottom of the trough in the junior mining sector? Michael Ballanger: Using the TSX Venture Exchange . . . → Read More: Gold Mania Phase Approaching for Junior Miners: Michael Ballanger Similar posts: Sprott’s Michael Kosowan on Surviving Death by Paper Cut in Today’s Mining Equity Market The Gold Report: Are you mostly involved in mining investments,... Mining Stocks Now Provide Bargain Trade Opportunities: Florian Siegfried The Gold Report: This is the first time you are... How to Find the Next Tenbagger in Peru: Maria Belen Vega and Ricardo Carrion The Gold Report: Before we talk about specific companies, let’s...
The Gold Report: Michael, can you tell us why you believe we are at the psychological and valuation bottom of the trough in the junior mining sector?
Michael Ballanger: Using the TSX Venture Exchange (TSX.V) as a proxy for the junior mining sector, the TSX.V between 2003 and 2007 traded in a range of approximately 1.5 to 3.3 times the price of gold. In the 2008 crash, it went down to 0.8 times the price of gold. Going back 15, 20, 30, 40 years, the TSX.V had traded on a 1:1 correlation with either the oil price or the gold price. Since the 2008 crash, there has been an immense aversion to risk in the … [visit site to read more]
- Sprott’s Michael Kosowan on Surviving Death by Paper Cut in Today’s Mining Equity Market The Gold Report: Are you mostly involved in mining investments,...
- Mining Stocks Now Provide Bargain Trade Opportunities: Florian Siegfried The Gold Report: This is the first time you are...
- How to Find the Next Tenbagger in Peru: Maria Belen Vega and Ricardo Carrion The Gold Report: Before we talk about specific companies, let’s...