The Mining Package Is Available
We are excited to tell you that as of Friday the Mining Package is now available for purchase and was announced to those who signed up to receive notification on Saturday. The response has been great so far and you will be impressed with the research that took 9 months to come to fruition.
The upside potential for the mining companies we have researched is huge; from 100% to 500% or more, but the most important aspect to achieving these returns is the timing in purchasing the recommendations and we help you with that as well.
We will also be adding to the list as time goes on depending on which option you choose including 10 junior mining stocks. Also, as part of this service you will receive the ETF Research Trading Service we are rolling out in 48 hours for free for a certain time depending on which Mining Package you sign up for. We are doing all we can to help you make money with the best information possible.
You can view the various options for the Mining Package by clicking on the link below. There is something for everyone.
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If you have any questions on anything, feel free to contact us.
Rolling Out New ETF Research Trading Service in 48 Hours
Please note: We are sorry to do this, but happy at the same time because we are expanding our ETF analysis. The ETF analysis provided here the last 7 months is moving to a pay service that will provide the research needed to trade 27 different leveraged ETFs. We believe you can make some very good profits with this information each week, even each day. You have seen examples of this analysis the last 7 months, but we have improved upon it during this trial period and now are ready to roll it out mainstream.
The cost for the service will be $300/qtr or $1,000 a year (a $200 discount) for the life of the subscription as long as it is renewed. Basically you are getting the analysis for $2.75 to $3 a day, depending on the option chosen. If you want to try the service out and are not sure, sign up for the $300 service and you can switch to the annual service to take advantage of the savings. We really believe you’ll like this service and the insight it provides.
We will continue to provide Current Thoughts on the economy and the gold and silver markets here 5 days a week.
You will have two more days of the ETF analysis and we will point you where to sign up for the ETF Research Trading Service tomorrow. For now, if you are interested in this new service and want to continue to receive good trading research, you can sign up for it by clicking the link below. As mentioned earlier, for those who purchase the 1, 2 or 3 year Mining Package Option, you will receive this service free for 6,9 or 12 months.
Click below and provide your information to show your interest.
…On to the markets…
Gold and silver are still green for the weekly trend, but are down a bit in Asia as they struggle with the $1,200 and $17 mark once again. You’ll recall that not too long ago they were in a range and finally broke to a lower low in that range with gold falling below $1,190 and settling at only $15 from its November low of $1,132. I still think we hit these lows and I won’t turn real bearish again until we get below $1,190 once more in gold. Right now we are sitting at $1,197.10 in Asia.
JNUG would have been a difficult play on Friday as it was weak most of the morning and finally broke to a higher high in the afternoon, only to crash over $1 by the end of the day. You may have been stopped out if you went long depending on how wide you kept your stop.
JDST would have been impossible to play as it fell most of the day after a move higher in the AM. It did show some strength at the end of the day but it wasn’t a move I would have attempted.
Either JNUG (GDX, NUGT, GDXJ) or JDST (DUST) will break out of this range and you’ll find possibly a real nice move to take advantage of. I don’t need to choose a direction right now as it is difficult to see at present, so I would use the over $1,200 bullish and under $1,190 bearish range for your ETF trades at present.
The fun in UWTI ended Friday with it falling 17.20% after the Saudi conflict with Yemen bump in the oil price reversed course. The volume was very heavy as traders dumped oil related plays.
DWTI however gave us a very nice trade but it took most of the day to get there. A move over 118.42 could have been played to over 125, an almost 7 point move. I may have stayed long but because of the volatile nature of oil the last week, I wouldn’t feel real confident of it. It can move to 130 quickly and wil find some resistance in the 135-140 range. As readers know I am in the deflation camp still and see lower prices for oil ahead with bounces like we just had along the way (same of course goes for gold and silver). That said, look for the storage report for a possible game changer or continuance of the trend.
DGAZ is still the play moving up another 3.10%. It’s green in every category; daily, weekly and monthly now. Again, a deflationary play. UGAZ isn’t anyting I would want to be long in at present as we wait for another storage report come Thursday.
RUSS broke to a higher high and then a lower low where you may have got stopped out. But once it broke that higher high again, you may have traded it for a profitable trade to at least come close to breaking even for the day on it. This doesn’t occur often but that’s ok. The same goes for RUSL on Friday.
TNA had a little move over 86.69 to either 87.11 or the close at 87.31. It could see a break out once it moves over 88. Can run to 92. I lean this way barring any news as I still lean bullish the markets but futures are down a bit right now.
TZA had a nice run but I think the party is over. A move below 10.38 would confirm this. When you go against the trend you scalp only. This would have been a difficult scalp today and you would have got out flat or with a small loss.
SVXY had a nice move up as the volatility move reversed course. UVXY fell 2.50% to close at 15.24 possibly on its way to break the 52 week low it set before Saudi/Yemen as long as the stock market moves higher and no more conflicts arrive. It may become a good swing trade coming up here soon. This trade alone, when it eventually develops, can pay for your entire ETF Research Trading Service for the year (or longer)!
Lots and lots of data coming out this week. Will be some market moving numbers for some of these trading days, so be aware of reversals.
Doug Eberhardt is a 28 year financial services veteran and precious metals broker selling gold and silver at 1% over wholesale cost. Doug has written a book to help investors understand how gold and silver fit into a diversified portfolio, how to buy gold and silver, and what metals to buy. The book; “Buy Gold and Silver Safely” is available by clicking here Contact phone number for Buy Gold and Silver Safely is 888-604-6534
Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with capital you can’t afford to lose. This is neither a solicitation nor an offer to Purchase/Sell futures or options. No representation is being made that any account will or is likely to achieve gains or losses similar to those discussed in this outlook. The past track record of any trading system or methodology is not necessarily indicative of future results.
All trades, patterns, charts, systems, etc. discussed in this outlook and the product materials are for illustrative purposes only and not to be construed as specific advisory recommendations. All ideas and material presented are entirely those of the author.