TheDailyGold Newsletter: Weekend Update

Published: Sun, 11/25/12

Daily Newsletter
-
Sunday, November 25, 2012

Argonaut Gold
Corvus Gold Huldra Silver Inc. Balmoral Resources
 

In this update....

- Editorials

- Podcasts

- Gold & Silver

- Premium Snippet

 

Editorials...

George Soros has increased his Gold position by 47%, and his position in GDX by 130%. He also added a $9M option call position in GDX. My friend Tekoa Da Silva dissects it here. Also, recall that John Paulson increased his Gold position by 26% in Q2 2012.  The big boys are getting more bullish on precious metals!


Podcasts...

We spoke with Mickey Fulp who sees a junior rebound starting in January. He also discussed commodity prices, Uranium and named a few companies he owns. 

 

Gold & Silver...

Gold's move on Friday may have confirmed the recent low. More importantly, Gold could be on its way to $1780 and $1800.

 

Silver is showing more strength than Gold. Now $33 is support while the next upside target is $35. 

 

Premium Snippet...

This morning we sent to subscribers a 10-page "watch list" update which reviewed a handful of companies and three of those are very high on our watch list. We did review a handful of prospects which includes a new Gold royalty company with some small streams, which will go public shortly. We also renewed a new producer which looks very intriguing and a potential producer in 2014.

We discussed our near-term plans for the model portfolio which is up 34% in 2012 while GDXJ is down 9%. Achieving this performance requires stock picking and some market timing to reduce risk. That is the focus of our service. If you pick the right companies you will consistently make money and outperform the market. Also, if you employ market timing techniques then you will learn how to buy when risk is low, when to take profits and when to sell (to prevent those small losses from becoming huge losses). An example of one thing we like to do is take profits on something that looks tired or is too extended. Then we rotate those into something else that has low risk and looks ready to move. All requires tremendous discipline and patience- two things we've learned through losing money (which is the greatest education in this game).  

For just $149, you can get our service for six months. At the San Francisco Hard Assets conference we had multiple people telling us this was too cheap. That's not your problem. If you signup now, you are forever locked in to this rate!

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