Agree Al. Many of the comments on your site are terrific. There is a brain trust out there. I learn something new every day and especially appreciate the guys who do charts and other analysis even if we don’t always agree on the outcomes.

NO MARKET COLLAPSE NO DOLLAR COLLAPSE OK !!!! !!!! THE ELIET ARE VERY HAPPY THE WY THINKS GO !

While the media have been trumpeting recent all-time highs for the Dow Jones Industrial Average and the S&P 500, almost no one has pointed out that the Russell 2000 Index has failed to surpass its highest levels from early March 2014. IWM, a fund which tracks the Russell 2000, reached 120.58 on March 4, 2014 and a lesser-known 120.64 at 8:43:34 a.m. in the pre-market session on March 6, 2014–just after the monthly U.S. employment report was released. Since then, IWM has surpassed 120 several times, although not during April. The media rarely discuss the Russell 2000, which is a shame since one of the earliest clear signs that we had entered the previous bear market was when the S&P 500 and the Dow Jones Industrial Average surged to new all-time highs in October 2007 while the Russell 2000 refused to surpass its July 2007 zenith. In past decades, a similar pattern has also prevailed: the crushing 1973-1974 bear market was preceded by notable underperformance by indices of small- and mid-cap securities in 1972, while the worst bear market in world history during 1929-1932 was foreshadowed by small-cap securities lagging during 1928-1929.

http://truecontrarian-sjk.blogspot.com/

I commented with the link above that I’m long the miners and agree with Chris. Not sure how I messed it up, but No gold 1000 in my opinion!

always appreciate the commentary from Chris and the other daily contributors. Good to hear a variety of opinions — it keeps you honest and causes you to question your thesis (and perhaps revise and adjust where necessary).

Coincidentally, I think Chris and I are somewhat in sync here…
if you get a stock crash which results in a broad search for liquidity, gold/silver and the miners could get down to anywhere.

Barring that, the tone looks pretty good right now, with the over-bought condition that resulted from the first quarter ramp, having been worked off.

One observation I have is that while a higher gold quote would obviously be a tide that lifts all ships, there are a number of junior miners out there with stock quotes that don’t accurately measure their prospects (for example, where the market cap is a fraction of the Net Present Value of Projects).

I want to give a plug to Jay Taylor and his show (where I first learned about the Korelin Economic Report). If you visit the archives for Jay’s podcasts, there are a number of in-depth interviews he has conducted with executives of well-situated junior mining companies. Many good ideas there for your further research/due diligence.

Here is a link to his archives:
http://jaytaylormedia.com/archives/

A few of the interviews I found especially worthwhile:

Eurasian Minerals: 12/24/13
Metanor Resources: 1/28/14
Brazil Resources: 2/18/14

And a link to more recent podcasts, in which you find can find an interview regarding Wellgreen Platinum, on 4/8/14:
http://jaytaylormedia.com/audio/

In terms of disclosure: I own shares in all four of those stocks and have been adding to them on this recent pullback. I am not a registered investment advisor, but offer them up for possible interest and your own due diligence.

Have a great week, everybody.

As a straight man Gary is not a bad looking guy…but you were interviewing Chris temple 😉

Market up after JULY……….Charles Nesser…….then to $2100
What will cause this is ……….THE 250 YEAR CYCLE…….the cycle is in play, all cycles are in play………..Nesser, says that all analysis for get about the HISTORICAL RECORD.

Thanks J…the long…ootb
That was an interesting interview.
Cheers.