Not Investment Advice

It is important for you to understand, Allan Barry Laboucan is not a licensed investment advisor and all readers should consult a licensed investment advisor before making any investment decision and to consult the company’s latest regulatory filings to fully understand the risks. This site represents the opinion of Allan Barry Laboucan alone. Do not trade in securities you read about online unless you have independently verified all information and understand that speculating in small, speculative securities like those discussed on AllanBarryReports.com often results in total loss. Readers are responsible for their own trades.

Traders These Days

August 22, 2019

Brought to you by:

Advance Gold (AAX.V) - Sirios Resources (SOI.V)

Walker River Resources (WRR.V)

 

Tariff Man Trump makes another of his brain-dead Tweets about fighting with China about trade, and stock traders think the market for gold and gold stocks should react immediately to the upside.

 

It is as if, they all think that the market is so efficient that it should price things in within hours. Minutes and seconds can be too long for traders these days. This kind of active trading is for stock trading junkies. Not people serious about making money investing in stocks.

 

The market is not that efficient, especially in gold stocks, the further down the food chain, the less efficient. Which creates some wonderful opportunities for those with a slight bit of patience.

 

Gold stocks are even less efficient after a pullback, like the one we have seen over the past month or so. As I wrote the other day, gold stocks are oversold and ready to rally.

 

I will start mentioning some names of stocks I think are well prepared to run on the next rally in gold.

 

All the best,

 

Allan

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