In this update...

Here are some things from premium update #351 sent out earlier today....


Below is our Silver bear analog chart showing all of the bear markets in Silver. The current is in black. It is very similar to the 1983-1986 bear which ended about a month from now. At the June 2013 and December 2013 lows, the current bear was the 2nd worst ever (aside from the bubble collapse). The gold stock analog chart made a very strong case that the bear ended in December. This chart makes a very strong case that the bear is likely to end very soon. New lows would be a buy signal, not a sell signal.  




Another chart included in the premium update is this one, which plots the S&P 500 and the Nasdaq during the 2002-2003 equity market bottom. Gold stocks were in a long topping process. It took 15 months for them to have their first breakdown and that could be why the current bottoming process (11 months in) is taking longer than usual. Both the S&P 500 and the Nasdaq bottomed in October 2002. The circle shows the next decline which setup a higher low and the start of a very strong move higher. During the decline the S&P shed 15% and the Nasdaq lost 17%. After that, both indices surged for 10 months, not even correcting more than 5%-7%.    



My friend Tiho Brkan, who has nailed the turning points of the bear market, told me a few weeks ago he'd be "very bullish" after the next low.

This past week we took profits on non-core positions, sold some recent additions to the model portfolio and in turn, scaled back our exposure considerably. We were positioned to run with the breakout but when it failed and left a strong reversal, we had to admit our error and cut our longs. The next low, whether it comes in June, July or September, is likely to mark the last great buying opportunity before the bull market begins in earnest. In todays update we also looked at potential buy targets for 7 of our favorite stocks. My initial guess is the weakest stocks will decline near their December lows while the strongest and high quality companies will retrace only some of the gains and not the majority.    

For those who have questions about our premium service, click here to check out a 3-minute video which describes our service in more detail. This video is also on our signup page here.

Unlike other services you don't have to wait to receive the updates or report. You receive tons of material (well over 150 pages of analysis, research and guidance) up front plus everything that comes over the next 6 months. It has been a great start to the year and now we are preparing for a bump in the road before what should be a very strong end to the year. Consider subscribing to our professional analysis and research. 

Thanks for reading. I wish you all great health and prosperity in 2014. 

-Jordan

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