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Gold & Silver Juniors

 

Gold-Silver Juniors cont. Silvercorp flash

October 11, 2011 - Absolute buy at this price level! (posted March 22, 2011)

 

PATIENCE is a VIRTUE !

 

Many of our objectives have been reached or about to be reached. Note that it is not always evident to calculate NEW objectives. In some cases the % profit is the historic % (since we initially advised the Buy). Earnings are going up by as much as 40% and more and this will in time be reflected in the stock prices.

Our Opinion: Juniors are awake...and are an absolute buy: we have a disconnect between common shares and Gold and Silver shares (click on Gold & Silver shares versus common shares) . Never forget that with these Gold and Silver prices the earnings of the sector rise exponentially.

  • Gold and Silver juniors are far better and safer than any malicious, uncontrolled, non-regulated and Bank manipulated Derivative like Turbo's, options, warrants and other Structured Products.

  • We prefer the Juniors to the Seniors, to ETF's, to Futures, Options and Turbo's . The additional advantage Juniors have, is that they will be taken over by the Seniors as their own gold-ore-reserves decrease.

  • Buy especially those stocks where price has eased back to the 200 day Moving Average (red line on charts)

  • A portfolio made out of the juniors in our shopping basket have gone up by more than 80% since 2009 .


Updated October 11, 2011: BEAR TRAP?! Certainly possible...`Short term objective is 36.5 42.5 - Medium term objective is 75
(+ 114%) - grasp the opportunity to average down your cost !

Junior are higher risk and must be approached with caution. Some of them are to be seen as a healthy alternate for Stock options, Turbo's, Warrants and other uncontrolled, bank manufactured and manipulated instruments. REMEMBER at all times there is A LOT of SHORTING by Banks which provide financial services to Gold Juniors and that the # reason to buy these stocks is that they will in time be taken over by SENIORS.

Derivatives as a rule don't pay dividends. Earnings and dividends are poised to raise exponentially and if you don't have the right stuff, you're not gonna profit from it.

Note the sideward accumulation zone. Beneath and above a VACUUM has developed. The low risk entry points are those on the Stop sell line of 34 1/2 . The Stop buy level is 40 - 42. Once the index breaks through this level, the ideal is to see it positively tested: the index breaks up to example 43 and eases back to 40 before it resumes its null trend. After breakout one can calculate the objective. At this time the Objective is 75 or + 100%..

October 11, it is obvious the support zone of 32 has been broken contrary to the HUI Index (majors).

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[INITIAL BUY ADVICE WAS GIVEN IN 2009] - GOLD and SILVER shares will soon go ballistic....

Short term candle October 10

Chart comment: Obj 37

Long term candle October 10

  • August 4: STRONG SUPPORT right below! Use market correction to add to your positions!!!

  • August 9 - 30: ABSOLUTE BUY

  • September 14: BUY any dip

  • September 21: Once the index clears this accumulation zone, Juniors will FLY

  • September 28: short term trend broken. GAP and ????!

  • October 5: SUPPORT and BOTTOM - BUY and/or bring your cost down.

 

low risk step in levels and oversold = BUY !! - Click on name of stock for profile (all low risk entry points were reached)

 

PF Charts as of September 21, 2011

 

Miranda Gold Corp

Silvercorp metals

Endeavour Silver*

Lake Shore Gold

High River Gold

Silver Standard*

trading zone:40 to 80 cents

read alert: opportunity !

bull run & double top breakout

similar scenario as for Silvercorp?!

same scenario as for Silvercorp

bull run

BUY

HUGE Bullish wedge

BUY

Bullish wedge

BUY

BUY

 

note:

  • Preferred in increasing order those marked by *

  • We have deleted Greystar resources. (GSL.TO)

  • Try to buy on the 200 day Moving Average (red line)

  • Don't be blinded by the potential % profit...!

  • All stock ending with .TO are traded on the Toronto Stock Exchange, those with a .V on the Vancouver Stock Exchange. All other stocks are traded on a major American stock exchange.

  • It more and more seems Silvercorp, Lake Shore Gold and High River Gold are similar stories. Do not liquidate your positions. At this time we probably have a bottom formation for all three...the next weeks will tell us for sure! IMPORTANT is to know that Canadian Juniors have traditionally been the subject of crooked manipulations....and that one MUST first invest in MAJORS before even considering a Junior. Don't forget to consider the proportions as shown on the Investment pyramid before allocating funds.



 

 

 

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