There is a highly respected

    PM miners question for you

    Posted by jasper on 6th of Jan 2011 at 05:42 am

    There is a highly respected guy who produces a monthly newsletter. He's primarily seen as a tech expert, however, he manages his own portfolio and follows important trends and creates and preserves wealth. His name is Fred Hickey and the annual subscription is only $140, I think.


    In any event, as already stated gold remains in a long term bull market and has been steadily rising. He believes there is yet to be a final blowout top normally associated with bull markets, so pullbacks can be bought, although to a lesser extent than previously as we're nearer the end than the beginning. Although the costs are rising, as long as gold continues to do so each quarter then the eanrings will continue to do so. NEM for example is likely to have an average price of gold over $100 higher than last quarter.


    With the excellent indicators here, then I'd recommend concentrating on the individual stock setups and the GDX indicator too. They have shown to work well and Matt and Steve do a brilliant job. Also, for those working these tend to last a little longer.

    Hope this helps and good luck.

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