I want to predicate this by stating that any trade-in mining stocks right now is dependent on the ability of gold and silver to sustain an uptrend or a least move side-ways, without the successful intervention in the market by the Fed and its agent bullion banks. You can keep an eye on the industry using resources like the robinhood app and investing when the time is right. Of course, you can read the robinhood review before using the app but it’s something to really consider if you’re serious about your investments.
Having said that, I wanted to update a trade/investment idea that I first posted at the end of July. The short term play on this idea worked out. I think this idea offers the potential for a short term move of 10% and a longer term investment return of at least 30%. I also believe that this stock will outperform its peers and the HUI index.
You can access this trade here: Mining Stock Research Reports. It’s the first item on the list.
I have added some updated information and some graphs which I use to explain my investment rationale. I also have included an options strategy section with specific strike-price/strategy ideas. This idea was originally published at the end of July. If you think may you have already purchased it, please email me and I would be happy to share the updated material with you.
This stock has been hammered, along with almost every other mining stock since gold has been methodically taken lower through intense market intervention in the sector by the Fed and its agent bullion banks. It has dropped 33% from late July thru late September.
However, it has outperformed its peers during this period AND has diverged positively from the HUI index. It has carved out a series of higher lows since the 3rd quarter of 2013. On the assumption that the gold take-down has run its course and gold is headed higher through the end of the year – This stock is set up to provide either a profitable short term trading opportunity and/or a spectacular investment rate of return through at least the end of the year.
If my short term call is accurate, you can make 10x to cost of the report with just 100 shares of this stock.