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.

Michael Ballanger Articles

There are occasions in my life where being correct in a trade or a forecast or an event absolutely fails to excite me. Like predicting the death of a pet or the failure of a business, there is absolutely no joy in waking up to the...
Here is a really good question. Anyone out there lose money trading gold and silver or related mining shares in the past couple of months? I did. My friends did. The bulk of the managed money (hedge fund) players did. However, it's all "...
It was two years ago this week that I proclaimed that we were witnessing the final lows in the 2011–2015 bear market in the precious metals as gold traded down to $1,045 amidst total capitulation by the Large Specs and after massive short-...
As you all know by now, I have absolutely zero knowledge of anything related to the "blockchain" technology, which translates into "I don't own Bitcoin and would not touch HIVE Blockchain Technologies Ltd. (HIVE:TSX.V; PRELF:OTC) with a...
So there you have it. A clear breakout to all-time highs confirmed by every measure everywhere with momentum charging ahead and high-fives and champagne corks flying about with reckless abandon and serial glee. To quote Chuck Prince, who...
In late August, we decided to anchor our boat out in a place called Indian Harbour, a wonderful "safe haven" for boaters that love northern Georgian Bay, in an effort to make the most of what has been an absolutely dreadful summer for most...
For most of the past eight weeks, the financial media have been attempting to tilt the scales of conversation away from the weak macro backdrop in favor of the new initiative on Afghanistan and/or the Trump White House and/or domestic and...
Each year since 1987, I have always used the final two weeks of the month of August as a shopping period in a manner not unlike the “Back-to-School” kind only the wares I seek are junior precious metals stocks as opposed to school uniforms...
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...

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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.