In this issue...
- Editorial
- Podcasts
- Company News
- Premium Sample
Editorial...
Today's editorial is titled: Gold & Gold Stocks Readying for Upturn Against Equities. It looks like it is time again to be a buyer of precious metals and a seller of conventional equities. These ratio charts explain why.
Podcasts...
Corvus Gold is really firing on all cylindars. We caught up with Jeff Pontius who discussed, among other things why there is a lot more upside for Corvus. Click here for the interview.
Also, here is my interview with the Financial Survival Network. The first part contains my thoughts on the precious metals markets. Not a whole lot of actionable info after that.
Company News...
Corvus Gold reported more high grade results at North Bullfrog as well as very positive metallurgical test results.
Meanwhile, First Majestic reported its Q3 production numbers and Silver-eq production reached 2.43M oz, a company record. This means that on an annual basis, the company is very close to producing 10M oz Ag-eq. First Majestic has had a huge move recently but remember that the company has proven to be the most leveraged to Silver and has the management and pipeline to continue to grow its production.
Premium Snippet...
In the past week we've put out two smaller updates. In the first we looked at some of the up and coming and smaller growth-oriented producers. There are about three in the US and one in Latin America. We mention which one we like the most. In the second update we discussed three exploration companies. Two of the three are executing well and appear to have a very bright future.
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Today we are putting out a Global update and I'm showing one chart from the update. This is a monthly chart of the CCI (Commodities). You can see that the recent bottom appears to be a major bottom ala 2001 and 2008. The CCI rallied up to strong resistance at 600. Now it is likely to correct. We anticipate a near-term correction for a few months but believe that the long-term bottom is in.
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Wishing you health and profits,
Jordan
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