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

This week’s appointment of former Bear Stearns’ Chief Economist Larry Kudlow as head of the National Economic Council (“NEC”) will go down in history as one of the worst appointments in U.S. economic and political history.
Dovetailing perfectly with my last missive entitled “Shenanigans”, this week's COT report covers the period of February 13- 20th and is a classic example of price capping by the bullion banks. It ended on the day after President’s Day with...
Back in January, I discussed the likelihood that global equity markets were approaching simultaneous tipping points beyond which legions upon legions of GenX-ers and Millennials would be thrown to the wolves by failing to recognize the...
As I watched Wednesday’s CPI (inflation) number reported by the Commerce Department, I was immediately reminded of that classic scene from legendary WWII flick “Casablanca” where Claude Rains, playing police Captain Renault, shuts down...
One of the things from which I occasionally enjoy a good chuckle is the insecurity displayed by bloggers or newsletter writers that are constantly in need of positive reinforcement derived by reminding readers of their “incredible market...
There are many market historians and technical analysts that like to assess the outlook for stocks based upon the “January Barometer” which, in its most rudimentary definition, says that “as January goes, so goes the market” for the rest...
The face you see above is none other than the man I watched in 1958 (I was five) score an unassisted goal carrying two Maple Leaf defencemen on his back – Maurice “the Rocket” Richard. The Rocket was the first player in NHL history to...
While the moniker for this missive is “Gold and Gold Miners”, I just sit back in absolute AWE as the global equity investors (otherwise known as “Stock jockeys”) have decided that “cash is TRASH!” and despite a massive “miss” in the...
There is one redeeming benefit to writing “forecasts”: they invariably and inevitably reduce you to a quivering mass of humility as the hubris born of luck and circumstance is replaced with the reality of randomness.
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...
In 1934 President Franklin Delano Roosevelt devalued the dollar by raising the price of gold to $35 per ounce.

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