Here is our latest piece:
The Real Price of Gold Holds the Cards for Gold & Gold Shares
We have two great interviews with two great minds on macroeconomics and markets. John Brynjolffson, formerly of Pimco, now manages $750M in client assets at Armored Wolf. He is very bullish on Gold over the long-term. Yesterday we spoke with Greg Weldon who is a former commodities trader and now a commodity trading advisor, author and prolific analyst who puts out great research for the sophisticated investor. He's also a great poker player. Links to the interviews are below.
John Brynjolffson, CFA
Greg Weldon, CTA
Greg's Services for Sophisticated Investors
In sponsor news...
Congratulations to Huldra Silver, who recieved its permit and will be on the way to production at its Treasure Mountain in BC.
Corvus Gold reported more high-grade drill results and the stock is respondingly nicely.
First Majestic Silver released a new 43-101 and pre-feasibility study for its Del Toro project, which will become the company's biggest mine by the end of 2013.
In today's update for subscribers we wrote a report detailing our philosiphy for investing and speculating in this bull market in precious metals. After the performance of the sector today, it appears last week's bottom has been confirmed. Whether the next cyclical bull market begins now or later this year, one should definitely have a list of stocks ready to take advantage of the next cyclical bull market. We of course have our listed and noted for subscribers our 3 favorite companies for the next 2-3 years.
Back in the dark days of 2008 we held only three stocks....Gold Resource Corp (GORO), First Majestic Silver (FM) and Silverstone Resources (SST). We had big losses on these positions but we believed they would perform well in the next cyclical bull market. GORO would bottom at $2 and rise to $30, FM bottomed at $0.86 and rise to nearly $26 while SST rebounded and was acquired by Silver Wheaton which at the time was at $7. It rose to $47.
Did we sell all at the exact top? Hell no! But, if you held these for a few years you were very happy and overcame the 2008 collapse by miles.
We are working for subscribers to find the huge winners of 2012-2015 and we discussed that in our recent update.
Subscribe to our newsletter for 6-months and for $149 you receive our recent updates, a wealth of information, analysis and guidance.
Nine days we ago published an editorial predicting that a major bottom could occur that week. Of course, no one is always right and market timing is a difficult game. We put ourselves and credibility on the line because we believed a major bottom was possible. We didn't do it to attract attention. The evidence was very strong and investors needed to be aware. Other analysts followed suit AFTER us. Today's bottom certainly confirms it was a bottom, though time will tell if it was a major bottom.
Are we always right? Do we always avoid losses? Do we find every big winner? Of course not. But, we believe our services are a great fit for every gold investor out there.
Enjoy the recovery and consider a subscription.
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