Michael Ballanger

Originally trained during the inflationary 1970s, Michael Ballanger is a graduate of Saint Louis University where he earned a Bachelor of Science in finance and a Bachelor of Art in Marketing before completing post-graduate work at the Wharton School of Finance. With more than 30 years of experience as a junior mining and exploration specialist, as well as a solid background in corporate finance, Ballanger's adherence to the concept of "Hard Assets" allows him to focus the practice on selecting opportunities in the global resource sector with emphasis on the precious metals exploration and development sector. Ballanger takes great pleasure in visiting mineral properties around the globe in the never-ending hunt for early-stage opportunities.

Articles by Michael Ballanger

Having just returned from boating in northern Georgian Bay and an area called The North Channel, I have been by and large out of contact with gold and silver prices since July 22 and am delighted to see that prices have stabilized after...
Four weeks ago, after gold had corrected down from nearly $1,300 to around $1,240, I tweeted out that I was thinking about re-entering the JNUG (Direxion Daily Junior Gold Miners Index Bull 3X ETF) market and proceeded to launch into one...
In recent day and weeks, I have slowly moved to the starboard side of the "Vessel of Public Opinion" where most seasoned veterans (aka "old guys") usually wind up; that is to say that I am now officially "cynical" when it comes to the...
Here are reflections on the state of the stock and bond markets and their effect on the gold market. These missives that I construct periodically usually have as their genesis a "Eureka!" moment while reading a research piece or a written...
As I was walking through the shopping district of Kingston-on-Thames yesterday, I was wondering whether the locals had gotten the memo that the country remained on "High Alert" in light of the Manchester bombings. Here I was in the middle...
A few days ago, I postulated that despite the seasonal weakness most were anticipating in May and despite the sharp increase in Commercial shorting that was still below 2016 levels, the precious metals would buck conventional wisdom and...
As the debate rages on and on and on concerning the global economic expansion (US)/Recovery (Eurozone)/Ponzi (China/U.K.), I am beginning to feel like a tennis ball in the heated heart of the 1981 McEnroe/Borg Wimbledon final being batted...
I have a great number of friends that pride themselves on being "technical analysts" and many of them are actually very good, especially the ones that are students of market history and even more so the ones that are "old" and by that, I...
Herein are the effects of Donald Trump's comments on the US dollar and trade with Canada on precious metal prices. As I muse delightfully this afternoon over my quote terminal, I am enthralled to take note of silver's uncanny ability on...
One of the most bothersome peccadillos of the advisory community, be it emanations from home computer blogs or the Ivory Towers of Wall Street, is the annoying tendency to accentuate good calls and understate bad ones.

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A gold nugget can be worth three to four times the value of the gold it contains because they are so rare.