A focus on gold and gold stocks
Jeffery Kern from SkiGoldStocks.com joins us to focus on gold and gold stocks. Check out his website by clicking here
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I posted on docs talk about gold and miners, watch Glencore, miners was very weak against gold price when Glencore was heading down now miners are going up with Glencore rally regardless of gold price
Yes, the miners could simply be trading with the stock market OR… it could be that they are acting as a leading indicator as they often do. In other words, gold could follow the miners higher rather than vice versa.
Last week we were observing that the miners weren’t following the price of gold and we felt they might be foretelling lower gold prices.
Not me…
Agreed. I like seeing the miners moving up ahead of a price increase in PMs.
Great interview with Dr. Kern!
All mining stocks are having a little sunshine:
Very good, humble comments Dr. Kern. Thanks for putting your 3-4 week updates on 321 gold.
Dr. Kern and his Ski system are the real deal. When his system tells us we’re in a bull market there is an extremely high probability that we are.
Matthew-
Coming from you as a very astute critical thinker – that is HIGH praise indeed
Peace
Marc
Marc, what Jeff has accomplished with Ski is extremely impressive.
Btw, I want to point out that we can have a very good run higher even without a Ski “true bull” market.
Peace my friend.
Remember – fellow korelinites – a lot of these people are short term traders – I am mentioning this as a long term investor….HEY we cant redo the past – the worst bear market in the PMs in the last 50 years….but you can PREPARE for the future…I have stayed for the PAIN – OUCH!!!!!…now, finally get prepared for the gain…the next 3 to 5 years SHOULD be somethin to see and profit from….I finally learned and my patience and (lack of panic) will START TO PAY OFF……
All the best!!!
Marc
Thanks for getting Jeffrey on the show again Al. It has been a long time. I really appreciate his insights and the system he uses.
Thanks for having Dr. Kerns in…………….
Noticed he said, he just bought back in……..sold on Friday, and is back in at higher prices.
Remember , the boyz have the paper price controlled………..
SO anything can happen………….jmho
EXPECT THE UNEXPECTED…………………….CCF
Do they have the physical to deliver …
I doubt that they do……….
Off topic but AWSOME piece.
http://thumbnails.cbc.ca/maven_legacy/thumbnails/11/353/current_20151001_70589_uploaded.mp3
I would not normally listen to ROBERT…..but, he did have some good points, I might change my mind on the guy, since, he indicated he was not party to the Glass-Seigal , under Clinton, and voiced concern over the matter. I will give him the benefit of the doubt…………………………..oh, thanks for post……………..ootb
Gold and silver is like everything else in this physical world :supply vs. demand…except at the LBMA and COMEX….when it breaks down because the paper game is up…..um, prices will explode higher…oh and BTW, the people that have postioned to manipulate or influence the paper price…are ALREADY…positioned to profit from this by actually holding the REAL THING….
As a pure chartist I must say I have no idea what the SKI approach is but if it suggested selling on Fri that’s ….(I’ll be polite)….NO indicator short term or long term suggested selling on Fri they were all buy signals in fact the really short term indicators suggested buying more Fri…hmmm
Ski has nothing in common with standard TA.
For example:
http://www.skigoldstocks.com/preview/update080505.php
Yip go with the Don
https://m.youtube.com/watch?t=18&v=ZyKIvnied-o
Miners………..looked good today…………….a lot of GREEN…..
Yeup, you can call me Mr. Greenscreen. My mining portfolio is up about 15% in two days.
SOUNDS GOOD…………MMG……………………..OOTB……
As I mentioned a couple days ago, I have been watching for THE stocks that are rising MUCH HIGHER than GDXJ (during these upswings) and then watch them when there is a correction. I think these stocks will be the ones to buy and hold for a LONG time.
The stocks in my portfolio that are following this pattern, for the last 2-day rally: Alexco (+15%) and Pretium (+12%), and Claude (+11%).
What are a couple of your stocks that did really well over the 2-day period (I know you like the <50M cap, so Alexco is probably in there)
Brian
P.S. The Rubicon move today was amazing. I thought about buying a block when it was down 35%, but did not (kicking myself)
Yes AXU has been good and I still like SPM and nearly tripled my stake into the recent low. I nearly doubled my position in CEM when it plunged. I can’t name many others since they are thinly traded and I need more.
You might remember that I mentioned GMX a couple months ago —it has doubled since then.
I still own Claude too.
I forgot to mention AR (Argonaut Gold). It’s pretty liquid and can move fast.
Jeff goes purely on his signals so it doesn’t diminish his system one bit to voice an opinion because he was asked.
That was in response to a comment that no longer exists.
EVERYBODY – uses Rothchilds slogan – ad nauseum: Buy when there is blood in the streets – ahhhh, it doesnt get much bloodier than this….this is a 50 YEAR bottom…so what will you do….what will you do….shiver in the corner or lock, load and fire! Not Investment Advice..:)