SEMAFO is undoubtedly one of my favorite junior gold miners. The company is grossly undervalued with 2.3 million M&I ounces of gold and a market cap under $300 million. Annual production should come in just shy of 200,000 ounces of gold, which is impressive for a company of SEMAFO’s size. But the [...]

In the short-term, sentiment and emotion rule the markets more than fundamentals. This type of trading pushes stock prices to extremes, whether the extreme is overbought or oversold. As a contrarian investor, I like to trade against these extremes and invest in the opposite direction of the herd. The wild action in [...]

Upon analyzing over 30 years of data involving the gold price, we conclude that the seasonal lows usually occur in March and June. Quite often however, after the June low a secondary low is experienced in August. This secondary low is usually slightly higher than the primary low. People who have resisted [...]