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

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.
I was sitting in my rustic abode on the shores of lovely Lake Scugog last evening, a houseful of family all reveling beautifully as outside the wind howled and the snow whirled while neither man nor beast dared venture into the frigid...
Last week I felt that if gold broke $1,180, it could see another $140 downside, taking it to the December 2015 lows of around $1,045. I also saw that the Relative Strength Index (RSI) was at the extremely low levels usually associated with...
One of the more striking developments in the bizarre world of gold and silver trading has to be the recent settlement between Deutsche Bank (DB) and a class-action group that alleged bullion banks (DB, Scotia and HSBC) were manipulating...
The correction in the gold and silver stocks and, more importantly for us, the miners ETF (GDXJ) is rapidly coming to a close. Without embarking on a flight of verbosity and overstatement, here in a nutshell is why I see a bottom in the...
The heat I took last week over my "Back up the Truck" call was somewhat comedic in that every guru out there was urging "extreme caution." Meantime, what was I telling you that I was doing? I was buying every gold/silver share and call...
Here is the recent correction in the gold market, subsequent to the moves by bullion banks. I have been writing these missives since mid-1986, when I was able to hide under the cloth of "client service" rather than "investment research"...
When people use the term "money," it usually refers to a unit of currency used in the transacting of business and commerce. A woman works cleaning houses for a week and gets paid in a number of currency units and then goes to the...

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Gold's special properties mean that it has a greater variety of uses than almost any metal.