How about doing coverage in your newsletter on Rye Patch, Orex, or Exeter. I really think over the next 2 years all 3 companies will be taken out by larger or mid tier companies for a nice pop. (Rye Patch will likely be taken out by Coeur once they do more exploration, using the incoming revenue from the Net Smelter Royalty from Coeur). (Orex management already has a track record for building companies that get taken over by majors). Exeter is definitely going to get taken out now that they have the water on-site, which de-risks, and good feasibility studies that they are marketing around.

LPG; you’re very correct. SELECTIVITY is the key currently. The companies with some modicum of responsibility are starting to perform. All boats are lifted only with a sky rocketing gold price. We have stabilization of the PM pricing but don’t expect a “go to the moon” situation for some time yet.

Don; the technicals are starting to look positive for platinum. The daily chart shows a trading range with platinum at the lower portion of the trading range. The 50 day MA is moving down to intersect pricing. That’s the first obstacle Platinum will have to get by. You’ll know in the next 2 weeks whether pricing moves lower off the 50 day MA or not. The Weekly is also trading sideways with the momentum indicators now moving in a neutral position versus moving down. That’s a positive. The indicators will make a choice toward the end of the month or into early January whether they want to reverse momentum or not. The strength of the move down is starting to be compromised. The monthly chart (THE MOST IMPORTANT ) still shows a bias to the downside with the potential low being at the 200 month MA which comes in about 1100. However, the pricing doesn’t have to bottom right at that MA which it didn’t the last time it moved toward it. My summation would be that I would bet you start to see momentum shifting favorably in January—-your odds increase if the Pricing holds against the 50 day MA—hope this helps.

the stock market should have already turned over…………..we have been calling for that , when DOW was 14,000…………this night mare is sure to continue, since, the politicians are now totally controlled by the BANKS…………….

several years is not likely. I will bet within a year.

If a person wanted to stay safe they could buy EnCana for oil, Cameca for uranium, First Majestic for silver and Goldcorp for gold IMHO. I don’t own any but may dip into them.

Yes, I can explain the surge in PVG. Yesterday I had to choose between buying PVG@5.30 or TGD@.95. I bought TGD, so of course PVG took off. It never fails!
BB

MS 70 FOR SURE……………………………..

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Billy; I’ve said many times in the past that no one can divine the future especially as you get further out. There is no system that is accurate in timing. I can give you very good odds on the movement of the markets 2- 3 weeks out but to go beyond that is like flipping a coin. The further out the less the odds are that you’re going to get it right. Now, based on my charts, I feel we’ll probably see the previous high no later then 2019. This is based on a number of charts I follow. Will I be right?—-I don’t know but this is my best educated guess at the current time. Is this depressing to me as it relates to the miners?—NO. I say this because some of the miners will get their act together and decrease their costs which will morph into higher prices. Of course, this will take some time but time is now on our side for a lot of the miners. Interestingly, the dollar is right now right at the 200 month MA—-and it appears it’ll take it out next week. However, I would then expect a pullback since it would be rare to see it scream right through that huge resistance. However, it appears that gold is currently not influenced any longer by the movement of the dollar and that’s a good thing.

I also disagree with that analyst, Billy. Here is why. We are already looking at cyclical lows in miners whose source extends all the way back to early 2011. The length of the correction is nearing 47 months in the case of the companies as a group.

Lets keep one important thing in mind….what goes down eventually always goes up again.

By deduction this long period of losses and declines in the gold mining sector does not indicate to me that gold has a great deal more to fall (if at all). Referring back to a chart that was posted yesterday on this site titled “SWOT Analysis” we can see that this current mining bear is now the longest on recent record.

Our conclusion should not therefore be that miners will go into yet a deeper multi-year funk based on the judgement of that TV analyst saying gold will fall further in the future because it has theoretically reached a cyclical top.

That conclusion cannot be correct if you know anything about ccycles.

In fact, miners are telling us that (gasp!) the bull run in gold that began over 12 years ago is in fact still intact. (Note to my friends here who will object to my change of position on this topic:…..try to forgive me but I was wrong and the charts now prove it). We do indeed live in interesting times. I now believe that golds ascent was merely interrupted by interventionist policy but that it will still complete its natural life cycle that was previously in play.

So if the longest bear market in miners in modern history is coming to an end it can only mean one thing Billy. That is that precious metals prices are soon to embark on another move upwards that eventually will take them significantly higher.

It is also telling us in clear terms that there is trouble in the world of currencies firstly and as an aside that debt has now overwhelmed efforts to contain it at a time when servicing of said debt is becoming increasingly difficult. I believe we should all know by now that significant currency devaluations still lie ahead for major markets including the Yen, euro, dollar and many others. Gold prices are the measure of those declines even if we cannot see it easily due to how different currencies are measured against one another in a relative way.

I say that because gold acts as our barometer of the economic health of the world and when its price rises in all major currencies as it is now doing we ought to listen very carefully to what that early warning system is broadcasting.

Gold will be on the rise again this year. So will many other commodities. This is also to some extent desirable from a Central Bank perspective because there is no surer way to inform the investment community of the presence of inflationary impulses than to see gold to rise against the dollar.

This is also part of the reason I believe that the dollar is setting up to decline in 2015.

Meanwhile, if there ever was a 9 year cyclical gold rule it is about to be broken and miners are key to this interpretation. There is little doubt in my mind that the collapse of oil stocks and oil prices in conjunction with the deep lows seen in gold and silver miners are now playing a role in setting up the escape valves for those wise enough to time an exit from an equity rout that we will see in the latter part of this year.

My contention is we will see a rotation into precious metals as the equity market corrects its current excesses and that those will act as shelter until stock markets embark on their next moves higher. Much higher in all probability but that will take a while to play out.

So in short, deep simultaneous declines in crude and gold (and many other key commodities) are a signal to start planning on reallocating out of overinflated stocks and into hard assets.

Your guess will be as good as mine as to when the turn actually comes though. We have not yet seen a parabolic rise in equities that would indicate we are near the end. In short, I am saying I think your TV analyst is wrong. Gold will be going much, much higher before this is over.
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SWOT Analysis tells us that the bear in gold miners is almost at an end — MUST READ.
http://www.kereport.com/2014/12/19/swot-analysis-months-attractive-entry-point-gold-equities/

YOU SIT DOWN FIRST BEFORE YOUR RULER ! https://www.youtube.com/watch?v=ss6uHI22lok