TheDailyGold Newsletter: November 21 Update

Published: Wed, 11/21/12

Daily Newsletter
-
Wednesday, November 21, 2012

Argonaut Gold
Corvus Gold Huldra Silver Inc. Balmoral Resources
 

(Housekeeping note: I will have a clickable link for the entire email, in the next email. This is for those who have trouble seeing this one).

In this update....

- Editorials

- Podcasts

- Company News

- Premium Snippet

 

Editorials...

Last night we posted an editorial titled, Monthly Charts Clarify Prognosis for Gold & Silver. It is amazing how the monthly charts really clarify (right now) what is happening in the precious metals markets.

Steve Saville, has an article titled: Increasingly Bullish Prospects for Gold Stocks.


Podcasts...

Last Friday we interviewed returning guest Greg Weldon who discusses the central banks, China, the S&P 500 as well as Gold & Silver.

Greg offers a free 30-day trial to his research.  

 

Company News...

Canaacord has a $15.50 target on Argonaut Gold which is currently trading around $10.00. Argonaut of course had a monstor Q3.

Balmoral Resources is now up to a $20M cash position thanks to the recent warrant exercise. The company currently has a $76M market cap or an enterprise value of $56M.

 

 

Premium Snippet...

A few days ago we put out an 18-page update on our model portfolio positions as well as the current outlook for Gold, Silver and the shares. We discussed our near-term buy strategy and what we would not buy immediately.

As of Sunday, year to date, the model portfolio was up 31% while GDXJ (our benchmark) was down 13%. I know the gold stocks have struggled but our performance proves that even in bear markets or neutral markets it is possible to find the winners and make money.  It takes patience, discipline, some market timing skill and most important, selecting the best companies.

Sometime three to six months from now we think this bull market could really takeoff. The shares have bottomed and like the metals, are in consolidation mode. The longer this consolidation lasts, the more momentum would be generated from the breakout and the more sustainable that breakout would be.

In our next update we are looking at a "watch list" of companies. If you own gold and silver stocks, there is no better time to consider a subscription. It would be an honor to work for you.

Click Here to Learn More About our Premium Service

Wishing you health and profits,

Jordan

 

Disclaimer: Sponsor Companies are only sponsor companies of TheDailyGold.com. Do not construe sponsorship with a recommendation. We are not a registered investment advisor and information and analysis provided is for informational and educational purposes only.



Argonaut Gold
Corvus Gold Huldra Silver Inc. Balmoral Resources