Daily Boost 09.04.2021 Shine On Uranium

Uranium continues to shine as Sprott removes supply from the market at breakneck speed with their Sprott Uranium Trust vehicle. It will be interesting to see how spot moves next week – will it continue to march higher or take a breather?

In other news, bitcoin is back over $50K, gold and silver got a pop and will oil become more volatile with these missile attacks in Saudi Arabia?

Daily Boost 08.23.2021 Sputnik and the Manic Monday

Uranium continues to creep higher as spot price rose to $33.50 thanks in part to the SPUT (Sprott Physical Uranium Trust) buying more of the physical commodity on the open market.

Today we sold calls / bought Energy Fuels ($UUUU), bought more Denison Mines ($DNN), sold calls / bought Metalla Royalty and Streaming ($MTA), sold calls / bought Innovio Pharmaceuticals ($INO), sold calls / bought Riot Blockchain ($RIOT) and sold calls / bought Canaan ($CAN).

Daily Boost 07.29.2021 Boring Works

Well it was a snoozer day in the markets today. Equities flat. Still we wrote some covered calls on the usual uranium suspects – Energy Fuels ($UUUU( and Denison Mines ($DNN).

We also sold some calls of Transociean ($RIG).

It looks like the precious metals complex – gold, silver, platinum may be waking up here.

Also, check out the cup and handle formation on biotech:

Daily Boost 07.28.2021 Fed Speaks Edition

So you’re telling me its not transitory?

Commodities are back in vogue – well at least for now.

Uranium is starting to glow again. Sold more Energy Fuels $UUUU Sept $6 Calls today. Bought some Energy Fuels $UUUU Oct $6 Calls today. Need a play on Dennys ($DNN) but its in no mans land. Tried writing some Sept puts @ $1 but not a lot of meat on that bone. C’mon Dennys.

Gold and Silver looking good here. Still love royalty cos like Metalla – $MTA – gonna listen to http://www.kereport.com/2021/07/27/metalla-royalty-streaming-a-shareholder-update-on-a-wide-range-of-topics/

Crypto seems to be headed higher but might be a head fake – who knows? Canaan ($CAN) was up like 15% today so there’s that.

We’re buying some Biotech cause why not. New position in IMV Inc. ($IMV) – they are battling Cancer and Covid – so thats awesome.

Oil looking slick. Pun intended. $RIG holding strong.

Silver and Uranium back to earth, crypto catching a bid.

After yesterdays craziness with the #silversqueeze things are settling back to normal in the silver and uranium markets. Ho-hum. And what have we here? Is crypto catching a bid? Bitcoin is at $34,964 as I type this – interesting… we did see Canaan ($CAN) one of our new kinetic rockets and our crypto play move higher.

Ladies and Gentlemen, the #silversqueeze.

We’ve been huge fans of silver for years now, so it goes without saying that we were very intrigued by #silversqueeze trending on Twitter over the weekend.

Today during my lunch break I went down to my local coin shop to see what all the fuss was about. The parking lot was full, but there were only a few people in line outside the building. I called the phone number listed on the sign and eventually got to a live voice. She took my name and phone number, and I received a text a few seconds later. I was #37 in line and my estimated wait time was 4.5 hours!

OK, things were getting a bit more real. I went to McDonalds for some lunch, and then went home and jumped on Apmex.com. Silver Eagles were selling for $41 each – a $12 premium over spot!

Ultimately I decided to skip the line at the local shop and buy a few online for an outrageous premium.

If you are wondering if the #silversqueeze is real, it is.

As for the silver miners, we continue to hold Alexco Resource Corp. – its one of our kinetic rockets.

Shhhh…. Uranium and Silver are sleeping and Bitcoin is dropping

Well, not much is going on in the Uranium and Silver markets these days. Uranium and Silver are rangebound and don’t seem to want to do much of anything these days. For us, thats OK since part of our kinetic rockets strategy is writing out of the money covered calls – which will expire without being assigned if this sleepy action continues.

In other news, bitcoin seems to be retracing some of its surge as of late. As of this writing its at $30,943. We would love to see it retrace all the way back to $23K – for us, that would be go time, however that may never happen. We’ll see.

Alexco Resource Corp. expands silver resource in the Yukon with impressive drill results

Alexco Resources ($AXU) which is one of our new kinetic rockets, announced some exciting drill results today:

ALEXCO EXTENDS BERMINGHAM HIGH-GRADE MINERALIZATION AT DEPTH, INTERSECTS 3,583 G/T SILVER OVER 8.76 METERS TRUE WIDTH AND OTHER SIGNIFICANT RESULTS

We are excited to see this extension of mineralization at depth and look forward to more news as Alexco continues to add to their existing silver resource at Bermingham.

Silver got monkey-hammered today and thats OK with us

Silver was down $1.71 today or 6.29% today from $27.21 to $25.50. We have been buyers recently and see this as another opportunity to accumulate more silver on weakness.

Our favorite play, and a “kinetic rocket” we are building in the silver sector is Alexco Resource Corp ($AXU). Alexco is a pure silver miner with +75% revenue from silver. They are located up in the Yukon and just began concentrate production at the Keno Hill Silver District Mill.

We are not alone in our bullish outlook in silver. Legendary investor Jim Rogers mentioned silver as something he is buying currently in his recent interview with Jake Ducey.

At half the price of its All Time High of around $50 way back in 1980, we still very much like silver here and believe it is very undervalued compared to other sectors in the market.