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Our subscribers are aware; we do not make predictions on the markets performance.
That said, we attempt to read everything we can get on hands on as well as
listening to many of the top analysts within the precious metals arena.
To us, there seems to be a consensus forming (is this a good thing?) that
gold, silver and the mining stocks will move basically sideways to down over
the next several weeks with the consolidation ending by late August. If correct,
investors are advised to exercise patience (damn this is difficult) while continuing
to seek opportunities for the coming (is there any question?) up-leg.
Again, the 'consensus' we read is gold has 'probably' bottomed but we may
have one or two more scary moves down which will no doubt shake out the weak
investors/non-believers of this bull market before the next up-leg begins.
True believers of this bull market will be taking advantage (as have we) of
the exceptional buying opportunities presented to us with this decline/consolidation.
We have written many articles over the last year or so addressing different
ways long-term investors can participate in the bull market including
the purchase of gold bullion, mutual funds, ETF's (exchange traded funds),
and common shares and long-term warrants of the mining and energy companies.
For short-term investors, (those with a one year or less time horizon)
and those willing to accept more risk can also consider the use of call options
and leaps on their favorite mining shares (if available) as well as warrants
expiring within one year.
We invite you to visit our website and
read some of our articles including, Mining Stocks - Options, LEAPS & Warrants, Why
Warrants - Why Now? and Why Warrants - Why Now, Part 2.
Patience, due diligence and timing our entry points, we confidently believe,
will lead investors to incredible gains in the coming months.
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