Gary thinks this is a big day for gold!

Big Al
September 16, 2015

Gary is kicking off today with some very bullish comments on gold and the commodities. He is offering a special guarantee to those who subscribe to his newsletter. Click below to check it out.

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    Sep 16, 2015 16:20 AM

    Oil has broken above the 50 day as I expected it would very soon after the long consolidation. It is headed toward 48 to 50 soon and then to the 200 day within a week or two if we can get a massive short covering panic. This should get the s&p above 2000 soon. I have buying XOP and BP. XOP has recently fallen from 56 down to 35.

      Sep 16, 2015 16:30 AM

      We asked rick this question today.

    Sep 16, 2015 16:22 AM

    Definition of mutually exclusive.

    Gold and up.

      Sep 16, 2015 16:28 AM

      Right now anyway you seem to be in the minority

    Sep 16, 2015 16:25 AM

    I agree with Gary.

      Sep 16, 2015 16:27 AM

      Lot of folks seem to right now.

      Sep 16, 2015 16:28 AM

      I agree with Matthew so I agree with Gary.

      Sep 16, 2015 16:32 AM

      ditto +2

        Sep 16, 2015 16:50 AM


          Sep 16, 2015 16:17 AM

          I agree with SD Marc’s “ditto” of Frank From Moscow’s “Ditto +2” of Gabriel’s agreement with Matthew, about agreeing with Gary.


    Sep 16, 2015 16:30 AM

    I missed the GDX move but will try and start a position on a dip.

    Sep 16, 2015 16:34 AM

    The dollar is not confidence-inspiring.

      Sep 16, 2015 16:37 AM

      The dollar is having a small bounce from the 200 day and should break down quite soon within a few days.

        Sep 16, 2015 16:43 AM

        I can’t get live quotes on the dollar but right now it’s just .01 above yesterday’s (rising) 200 day. I agree that it should break down soon if it isn’t doing so now.

          Sep 16, 2015 16:58 AM

          It is at 95.39 now -.39%. 11:58am est.

    Sep 16, 2015 16:35 AM

    In my geographical area, AG still unavailable, as it has been for several months, at a reasonable premium. Not the case for AU.

      Sep 16, 2015 16:44 AM

      I was waiting for my 100 ounce bars for almost two months in 2008. Scotia bank did not even take order. Eventually I paid a premium from Royal bank and got the bars.

      Sep 16, 2015 16:51 AM

      Interesting, not the case over here.

    Sep 16, 2015 16:36 AM

    Technician and chartist Clive Maund is talking about ‘Laugh in your face’ contrarian indicator because people would now laugh at you if you ever talk about investing in gold sector…

    Sep 16, 2015 16:36 AM

    Gary, where can I find this sentiment data about gold?

      Sep 16, 2015 16:46 AM

    Sep 16, 2015 16:39 AM

    Gary, I second your opinion. If today is not the reversal, we are not too far from it. I remember you predicted that this summer WILL be the weakest period in this cycle and it turned out true (so far). Hope you are right on this prediction as well. Regardless what, I am staying in. So far, all my persistent holdings have worked even include China “A” shares. Most of my positions are added in the last three years and I am holding to the end. For PM shares my loss is around 90%-30%, I will wait for them to turn positive. I still hold a profit with ETF and physical.

    Sep 16, 2015 16:42 AM
    Sep 16, 2015 16:43 AM

    Gary sounds genuinely excited. I’ll just pretend that I bought all my stock at current prices! Thanks for your report.

      Sep 16, 2015 16:53 AM

      Pleasure Reverend.

    Sep 16, 2015 16:51 AM

    Avi Gilburt’s comments to subscribers last Saturday seem only slightly more cautious than Gary’s. I’m uncomfortable enough to buy some HL this morning. Also like URA……….

    Sep 16, 2015 16:51 AM

    exactly ha. too!!!

    Sep 16, 2015 16:53 AM

    Nice if Gary is right but I dont see 20% as a big deal, (especially in 2 months) with the risks involved I dont feel profits are much worth even mentioning until 100% at least.
    (I know alot of guys here are after 2-5% trades etc, 2 itch his own)

    Market just opened and we have a few up close to 10% in 2 hours, I expect 100s of % gains in gold stock, other wise they not worth it.

      Sep 16, 2015 16:56 AM

      Market just opened? Where are you bb?

      Sep 17, 2015 17:46 AM

      If you had together some base hits with 7-20% gains, then it doesn’t take many of those trades to be far in excess of 100% gains. Now on smaller explorers I just hold them to let them do multiple triple digit increases, but we need a rebounding metals market for that to happen, along with more mergers. However, this is not that kind of market, and if you want to make some coin at present it is only happening by trading both the long and short side of the trends.

      To each their own though, as I know many people are just looking to position in quality companies or ETFs when the sector hits it’s bottom. Nothing wrong with that other than you needing to have kept waiting the last 4 years and counting.

    Sep 16, 2015 16:06 AM

    O love it when Gary gets excited!

    Sep 16, 2015 16:23 AM

    I do love it when Gary gets excited about things.

    However, is there not still a possiblity that this gold rally is a pricing in of no Fed rate hike? That could make it a bit like the rally to around $1365 in late 2013 on the no taper decision, a one day daily up cycle. It’s a bit of an I will eat my hat moment!

    I hope that Gary is right though – and at least his opinion has been forming over a number of weeks which gives it some strength.

    Sep 16, 2015 16:27 AM

    Hi Gary what happens if the $1000 in the mining stocks goes above $1200 and then goes back below $1000?

    I am guessing that the refund would be only if the $1000 never goes to $1200, because if it does go to $1200 at any time, that would still be a decent trade and you could get out there.

    Sep 16, 2015 16:52 AM

    this is another big time prediction on gold, well I’ll take the opposite of that trade probably near week’s end.
    you said same on oil when it popped up to 50’s. It churned and headed back down well below 40. Now it’s trying to get back to 50.

    we’ll see but I do give you credit for not fence sitting.

    Sep 16, 2015 16:44 AM

    Can I hold my hand up and say that I have no idea.

    My gut tells me to sit and wait until we hear from the Fed and then, if they don’t raise rates, to jump onto gold and silver… and I suspect oil also…

    If they do raise rates then, well, I don’t know. I honestly don’t.

    I admire Gary’s call here – what he says here and on his website – makes a lot of sense but I don’t see how anyone can invest prior to such an important date. I want to but, um, I lack the courage.

      Sep 16, 2015 16:04 AM

      I also would not do anything until tomorrow. Strange things can happen.

      Sep 16, 2015 16:09 AM

      Perhaps it will be a non-event?
      After waiting for several years, expectations are pretty much already accounted for in prices. There could be some volatility before/after, like the purported short-covering in gold this morning.

    Sep 16, 2015 16:06 AM

    TOPIC: (AXU, AXR). Interesting move on Alexco with very heavy volume today. As usual, I have no clue why. Anybody have a guess?

      Sep 16, 2015 16:39 AM

      Team shorty pants probably thought they were going to short it to zero and are now getting an education they won’t forget. If so, they might think twice the next time they’re certain about the imminent demise of a junior miner.

    Sep 16, 2015 16:01 PM

    I won’t be doing jack until the central planners finish their brouhaha and announce the result.

    Sep 16, 2015 16:28 PM

    If not we will be waiting for Gary after school lets out. 🙂

    Hey BIG AL. My Bit Coin stock is up 85% today.

    BITCF 6,925 0.0029 +81.25% 20.0825 +9.0025 -238.22

    But I am still in the hole.

      Sep 16, 2015 16:16 PM

      How do you feel about investing in that company?

    Sep 16, 2015 16:24 PM

    Kitco interview with Jordan Roy-Byrne (09-16-15) about precious metals and miners.

      Sep 17, 2015 17:53 AM

      Good interview with Jordan, and I concur with his thought process.

    Sep 17, 2015 17:07 AM

    how many X do you have to understand & look at history to see that gold goes HIGHER in a rate hike scenario…