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 Service Tomorrow
Please note: We are sorry to do this, but happy at the same time because we are expanding our ETF analysis for you. 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 and most importantly, make money with it.
If you are interested in this new service and want to continue to receive good trading research, you can subscribe to 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.
We will continue to provide Current Thoughts on the economy and the gold and silver markets here 5 days a week.
…On to the markets…
Gold fell below that $1,190 mark today and hit as low as $1,183 but couldn’t break down lower. While I said yesterday that I would become bearish again if we broke below the $1,190 level, many of those that I read say that gold will begin to move up soon. This does fit with a historical pattern of the “good summer months” and is not out of the question. Gold is presently at $1,186.10 and could indeed move higher, but I’ll let the market tell me that and I wouldn’t get bullish until we moved over $1,200 resistance again. Then a play in JNUG would make sense. Some may want to trade JNUG on a higher high tomorrow though. The safe play would be over 18.14, but if we gap down in the morning and break higher, I would be all over it. If this is the case, then JNUG would move to 19-20 then 22 again. If it broke 23 it would then see the 25 to 30 range.
JDST had a move from the mid 9’s to 12 and 13.54 would be the next stop if we do see gold fall below $1,183 down to test the $1,148 level again. I don’t put as high a probability on this as present.
Regarding gold, I’ll say it again and again; this is not the low that I have been waiting for. Any move higher would be a dead cat bounce and we will hit lower lows. So I only give the higher calls by some a 60/40 chance now as I still see pressure on gold. For gold to get to these higher levels over the short term, some of the data that comes out this week abroad has to improve the attractiveness of the Euro and get the dollar to fall from its current level of 97.98. Please let the dollar short term moves guide you with gold and confirm the next move. Same goes for silver.
Is there a chance that the dollar can climb and gold/silver climb with it? Yes, but I don’t put as much belief in that pattern occurring as it is not a normal pattern. It does occur sometimes, but not that often. I like trades that give me good patterns. We’ll find out soon enough what direction it goes, but I wanted to give a wider picture as to what I see as potential and which way I lean over the next few months.
With the new edition of my Current Thoughts I will be talking more about my indicators and getting a little more technical with them and what I see. One of those indicators of course being the phone ringing for my suppliers which is not presently the case and one of the main reasons why I give lower prices a 40% chance (but I give a 99% chance of the Nov. 5th low of $1,132 being taken out at some point).
The story of the day was the big move in stocks with the DOW up close to 300 points at one point. TNA was up 3.62% to close at 90.18. I said yesterday that if it could move over 88 it would run to 92. TNA hit a high of 91.05. Not a bad move for one day for those that caught it. Next up would be the 52 week high of 93.37 and after that another nice run. Please look for data this week to see if there is any potential negative news. I wrote about the data coming out this week and posted a calendar in Sunday’s Current Thoughts.
SVXY continued up with the strong stock market closing at 69.74 or up 2.97%. UVXY close to breaking below its 52 week low of 14. We want that to eventually set us up for a potentially really big move once the stock market peaks (when it finally does).
DGAZ had another small day up to continue the trend and I would still be long and strong until Thursday’s report. Next stops would be 8.22 and the 3 month high of 9.07 which could be hit soon if we get a negative report on Thursday. Things warming up all over and the heaters are turned off.
UWTI fell from the open and then rebounded a bit but never got anything going. DWTI would have also been a tough one to trade. If you did go long in the afternoon on a higher high, you would have got stopped out on that quick fall. These things happen and are part of trading.
RUSL was actually a star today, up 11.71%. It was a steady climb up and it would have been difficult to trade a higher high as we never got a real pullback. RUSL needs a move above 23.15 for a breakout. It may do it this time as long as the U.S. markets are in bull mode. 24 and 25.17 are the next stops before a real nice move would come. But we have been here before. Meanwhile RUSS is under 12 again where it has been a good buy for a trade many times. Trade the short term trend and watch for a reversal in keeping a stop.
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.