• Click to Visit Mr. Lee’s articles

    22 Aug, 2017

    Lee authored insightful articles that talk about Robert Friedland Vanadium Quotes, Death of Uranium, Dollar Breaks Down Rising Yields etc

  • Why John Lee is a big bear on oil, and bull on vanadium

    22 Aug, 2017

    August 22, 2017 by John Lee, CFA (https://twitter.com/johnlee25893955?lang=en) In this article, I will share my insights on oil, lithium, and vanadium Oil Supply World crude oil production has increased 50% since 1985, Source: EIAPowered by YCharts.com with unconventional crude oil production accounting for the majority of the crude oil production increase since 2010. Source: Berman, ‘The Crude Oil Export Ban—What, Me Worry About Peak Oil ?’, Forbes, 17 Aug 2017, Technology has […]

  • The vanadium bull (500%) and one vanadium stock that few talk about

    01 Aug, 2017

    Today, August 1, the price of vanadium pentoxide (V2O5), reached US$12.4/lb, having more than doubled from US$5/lb at the time when I started covering vanadium 8 months ago.

  • Chairman John Lee’s Open Letter to Shareholders

    23 Jun, 2017

    June 23, 2017 by John Lee, CFA (https://twitter.com/johnlee25893955?lang=en) June 23, 2017 Ulaanbaatar, Mongolia Dear Investors and Shareholders, It’s been nearly eight years now, since I joined Prophecy in October 2009. I remember then, Prophecy was trading at $6 a share on the TSX Venture Exchange. By making several opportune project acquisitions and raising market awareness, the company managed to trade at over $100 a share in the first half of 2011, while […]

  • When Robert Friedland Talks Vanadium, I Pay Full Attention

    08 May, 2017

    May 08, 2017 by John Lee, CFA (https://twitter.com/johnlee25893955?lang=en) Mr. Robert Friedland is the recipient of the 2017 Northern Miner’s Lifetime Achievement Award, and when the legendary mining billionaire offered his rare insights on vanadium in a recent interview with The Northern Miner, I paid my full attention. Mr. Friedland stated: “We think there’s a revolution coming in vanadium redox flow batteries,” he says. “You’ll have to get into the mining business and […]

  • Renaissance of Vanadium (in Energy Storage)

    17 Mar, 2017

    March 17, 2017 by John Lee, CFA (https://twitter.com/johnlee25893955?lang=en) I have owned shares of uranium mining companies in the past, anticipating the inevitable rebound of nuclear energy following the Fukushima nuclear plant accident. However, through my recent research into the renewable energy sector and vanadium batteries, I became bearish on nuclear energy and sold my shares in Energy Fuel Inc. (TSX: EFR) and Fission Uranium Corp. (TSX: FCU) in February 2017. Why? In […]

  • Renewables with Vanadium Batteries to Reshape $27 billion Off-Grid Energy Market

    23 Jan, 2017

    January 23, 2017, John Lee, CFA While the cost of renewable energies such as wind and solar have come down greatly in recent years, low availability continues to handicap renewable energy in certain energy markets. In this article, I will examine the great growth opportunities in renewable energy for vanadium batteries in the $27 billion off-grid energy market. Cost of Electricity by Source (from Wikipedia) “In November 2015, the investment bank Lazard […]

  • Whack-A-Mole: Dollar, Interest Rates, Equities, Commodities, Gold in 2017?

    05 Jan, 2017

    With US major equity indices near all time high, investors concluded 2016 with great optimism. A new era is dawning with Trump’s US presidential election victory in November. The US Dollar Index broke through the psychological 100 level, reaching a decade high as investors chased rising yields and subscribed to the prospect of an improving US economy (“Make America great again!”) The Dow Jones Industrial Average index reached a new all-time high […]

  • Vanadium Redox Flow Batteries: The Next Big Wave After Lithium Batteries

    19 Dec, 2016

    December 19, 2016 by John Lee, CFA Renewable energy sources have expanded significantly in recent years, especially wind and solar. One of the largest issues with wind and solar energy sources is the need to store and release the electrical energy produced. A promising storage technology is vanadium redox flow batteries that will increase the demand for vanadium. An example of the significantly expanded renewable energy sources is wind energy. Global wind […]

  • $26 Near-Term Silver Target by Prophecy Chairman John Lee

    08 Nov, 2016

    November 7, 2016 Three months ago on August 8, 2016, I wrote an article titled: “Gold to Thrive in a Fiat Ponzi with Negative Yield” in which, I presented the following charts and said “Why would you want to own yen or euros with negative yield, when you can own gold? – the real money. As an added bonus, there is no quantitative easing (QE) with gold… It took gold approximately 7 […]

  • Gold to Thrive in a Fiat Ponzi with Negative Yield

    08 Aug, 2016

    Aug 8, 2016 I came across a very interesting article by David Rosenberg titled “Bonds are the new stocks and stocks are the new bonds”1 in which, Mr. Rosenberg made several astute observations: 1 D. Rosenberg, “Bonds are the new stocks and stocks are the new bonds” Financial Post (22 July 2016) “…as the first of the boomers turn 70, [2016] was the year that for the first time ever, roughly $13 […]

  • Shocking Breakdown of China’s Foreign-Exchange Reserves is Bullish for Gold

    01 Jul, 2016

    July 1, 2016 I want to focus on the composition of China’s foreign reserves, explain why the liquid portion of the reserves may be much smaller than widely believed, and how that situation is bearish for RMB and bullish for gold. According to Wikipedia: “The foreign-exchange reserves of China are the People’s Republic of China holdings of cash, bank deposits, bonds, and other financial assets denominated in currencies other than China’s national […]

  • Silver’s Rare Golden Cross Shows Rally Has Further to Run

    29 Jun, 2016

    Silver’s 32 percent surge this year has taken its 100-day moving average above the 500-day measure for just the third time this century. When the so-called golden cross occurred in 2002 and 2009, prices advanced at least 66 percent before the phenomenon was reversed. “It tells us the bull market in silver could have further to run,” said Jonathan Butler, a precious metals strategist at Mitsubishi Corp. in London.

  • The stock market, iron ore, Bitcoin – is silver next for Chinese momentum investors?

    16 Jun, 2016

    June 16, 2016 The roulette game all started in the fall of 2014, about 2 years after Chairman Xi Jinping came to power and became the General Secretary of the Communist Party of China. Xi Jinping had campaigned for socialist economic reform, including a sweeping anti-corruption drive, cutting excess production capacity, tightening of housing credit, and clamping down on gaming in Macau. Public feedback was initially positive. However, largely as a result […]

  • Lee’s RMB Devaluation, Chinese Foreign Reserve and Gold

    19 Aug, 2015

    RMB Devaluation, Chinese Foreign Reserve and Gold Price August 19, 2015 On May 29, 2015, The Wall Street Journal reported: “On May 22, 2015, Yi Gang, the Vice-Governor of the People’s Bank of China (the “PBoC”) said at a forum in Beijing that “It’s not necessary”1 to bolster growth by devaluing the yuan. Mr. Yi pointed to China’s trade surplus, which has narrowed in recent years but remains relatively large, indicating Chinese […]

  • Butching It At Pulacayo In Bolivia — The Calandra Report

    22 Dec, 2014

    LA PAZ I mean, Butch and his partner, that Sundance Kid. Not the quasi-butch miner mannequins pictured just below. The two outlaws’ fingerprints are all over the Pulacayo Silver Mine about an hour’s flight from cloud city La Paz. The high-grade mine, with silver, zinc and lead, is in southern Potosi Department. Which mining officials just told me Today Monday is much more tranquillo than the hard-nosed miners in the northern part […]

  • Silver to Follow Uraniums Explosive Path to $20’s?

    22 Feb, 2005

    By: John Lee | Tue, Feb 22, 2005 http://www.safehaven.com/article/2633/silver-to-follow-uraniums-explosive-path-to-20s Silver $7.38, SRL.v $1.92 If you have studied the silver market, you will discover the Uranium market is almost a carbon copy of the silver market. i.e. chronic mine supply and demand deficit, depletion of above-ground stock pile, increasing industrial (inelastic) demand (meaning demand unaffected by rising silver/uranium price). Believing in everything being connected, I laid the charts of Uranium and silver side […]