I shorted Seabridge Gold (SA) this morning for a couple of reasons. One, I find the pattern to be very attractive…….
Two – and this is even more important to me – any stock that has to do with gold that has actually been weak lately must be very, very prone to more weakness. I mean – for the love of God – gold keeps lurching to prices never before seen in the history of man. If you own a company that has anything to do with gold that isn't likewise enjoying these tailwinds, something is wrong.