Thursday, August 29, 2013

Precious Metals & Miners Flash Short-Sell Signal

It has been a bumpy ride for precious metal investors over the past couple of years and unfortunately we do not think its over just yet. But we feel fortunate to have our trading partner Chris Vermeulen on our team walking us through this.

Today Chris is telling us that the good news is that the bottom has likely been put in for gold, silver and gold miners BUT the recent rally in these metals and miner looks to be coming to an end. While we could see another pop in price over the next week or so the price, volume and momentum seem to be stalling out.

What does this mean? It means we should expect short term weakness and lower prices over the next month or two.

Here are three charts Chris posted several months. Their forecast were based off simple technical analysis using cycles, Fibonacci and price patterns. As you can see we are not trading at our key pivot level which we expect selling pressure to start to increase and eventually overpower the buyers sending the prices lower.....Click here to see Chris' complete chart work and article.



Wednesday, August 21, 2013

"Beating the Market Makers" webinar replay.....Can you be on the same side of the trade?

John has decided to replay Tuesdays wildly popular "Beating the Market Makers" webinar on Thursday August 22nd at 2 p.m.. Our trading partner John Carter of Simpler Options is going to teach you more in one hour, for NO COST, then you could learn in 3 months. John is going to show us in detail how he uses a weekly options trading method that puts you on the same side of a trade as the market makers. A good place to be.

Over 10,000 traders watched the live webinar on Tuesday and John does limit seating so sign up right away before traders fill all of the slots.

Just Click here to Register Now

Here's what he'll be covering...

- How to be on the same side as the Market Maker
- How to protect yourself in a trade
- How to pick the right stock at the right time
- What Wall Street doesn't want you to know about weekly options
- The one simple trick to put the odds in your favor

And much more......

This timely webinar replay will take place on Thursday, August 22nd at 2:00PM Eastern Time.

Click here to register

After you register you will receive reminder emails automatically so you don't miss the webinar. I don't know if they'll be recording this, or if he'll ever share this information again, so don't miss out.

We'll see you in this free training class, then we'll see you in the markets. Will you be trading with us....or against us?

The Gold ETF Trader

Market Makers.....Can you be on the same side of the trade?


Andrey Dashkov on Peak Gold

By Andrey Dashkov, Research Analyst


In the mining business, it is said that grade is king. A high-grade project attracts attention and money. High grade drill intercepts can send an exploration company's stock price higher by an order of magnitude. As a project moves to the development stage, the higher the grade, the more robust the projected economics of a project. And for a mine in production, the higher the grade, the more technical sins and price fluctuations it can survive.

It is also said that the "low hanging fruit" of high-grade deposits has all been picked, forcing miners to put lower-grade material into production.

You could call it Peak Gold.....and argue that the peak is already behind us. Let's test that claim and give it some context.

One of the ways to look at grades is to compare today's highest-grade gold mines to those from the past. We pulled grade data from the world's ten highest grade gold mines for the following chart.


As of last year, grades at the richest mines have fallen an average of 20% since 1998. However, except for 2003, when the numbers were influenced by the Natividad gold/silver project (average grade 317.6 g/t Au) and Jerritt Canyon (245.2 g/t Au), the fourteen-year trend is relatively stable and not so steeply declining. The spike in 2003 looks more like an outlier than Peak Gold.

However, these results don't provide much insight into the resource sector as a whole, one reason being that the highest-grade mines have vastly different production profiles.

For example, Natividad—owned by Compañía Minera Natividad y Anexas—produced over 1 million ounces in 2003 from ore grading over 300 g/t gold, while the San Pablo mine owned by DynaResource de Mexico produced only 5,000 ounces of gold from 25 g/t Au ore in the same year.

This made San Pablo one of the world's ten highest-grade operations in 2003, but its impact on global gold supply was minimal. In short, the group is too diverse to draw any solid conclusions.

We then turned to the world's top 10 largest operations, a more representative operation, and tallied their grades since 1998.


The picture here is more telling. Since 1998, gold grades of the world's top ten operations have fallen from 4.6 g/t gold in 1998 to 1.1 g/t gold in 2012.

This does indeed look like Peak Gold, in terms of the easier-to-find, higher-grade production having already peaked, but it's not as concerning as you might think. As gold prices increased from $302 per ounce at the end of 1998 to the latest price of $1,377, both low-grade areas of existing operations and new projects whose grades were previously unprofitable became potential winners.

Expanding existing operations into lower-grade zones near an existing operation is the cheapest way to increase revenue in a rising gold price environment. So many companies did just that.

Indeed, the largest gold operations—the type we included in the above chart—would be the first ones to drop their gold grades when prices are higher, simply due to the fact that what they lose in grade they can make up in tonnage run through existing processing facilities. Larger size allows lower-grade material to be profitable because of economies of scale. New technologies have helped to make lower-grade deposits economic as well.

So, at least until 2011, the conventional wisdom of "grade is king" was being replaced by "size is king."
However, production costs have been increasing as well—and have continued increasing even as metals prices have retreated in recent years. Rising operating costs and capital misallocations (growth for growth's sake, for example) are at least partly to blame for miners' underperformance this year.

Suddenly, grade seems to be recovering its crown. It remains to be seen whether more high-grade discoveries can actually be made, or whether Peak Gold is actually behind us.

The Takeaway

Truth is, there is no king. Grade and size, although among the most important variables in the mining business, tell only part of the story. Neither higher grades nor monster size prove profitability by themselves—the margin they generate at a given point in time is what matters most. And then what the company does with its income matters, too.

Now that the industry has moved on from a period of reckless expansion, we expect investors to become more demanding of the economic characteristics of new projects coming online. Existing mines that processed low-grade ore in a rising gold price environment are now judged by the flexibility they have to cut costs, increase margins, and persevere through gold price fluctuations.

It's true that high enough grade can trump all other factors in a mining project, but it's the task of a company's management to navigate the changing environment, control operating costs, and oversee the company's growth strategy so that it creates shareholder value.

The resource sector has had a sober awakening, and now we see many companies changing their priorities from expansion to profitability, which depends on many parameters in addition to grade. This is a good thing.
As for Peak Gold, if that does indeed turn out to be behind us, the big, bulk-tonnage low-grade deposits that are falling out of favor today will become prime assets in the future. It'll either be that or go without.

Times may be tough, but the story of the current gold bull cycle isn't done being written. The better companies will survive the downturn and thrive in the next chapter. Identifying these is the ongoing focus of our work.

How about a project that's high grade and big? We recommended a new producer that has such an asset, and it hasn't been this cheap since its IPO. Find out who it is in the August issue of Casey International Speculator. Start your risk-free trial with 100% money-back guarantee here.



Tuesday, August 20, 2013

Market Makers.....Can you be on the same side of the trade?

Tonight, Tuesday August 20th, our trading partner John Carter of Simpler Options is going to teach you more in one hour, for NO COST, then you could learn in 3 months. John is going to show us in detail how he uses a weekly options trading method that puts you on the same side of a trade as the market makers. A good place to be.

As of this morning over 10,000 traders have registered and John does limit seating so sign up right away.

Just Click here to Register Now

Here's what he'll be covering...

- How to be on the same side as the Market Maker
- How to protect yourself in a trade
- How to pick the right stock at the right time
- What Wall Street doesn't want you to know about weekly options
- The one simple trick to put the odds in your favor

And much more......

This timely webinar will take place on Tuesday, August 20th at 8:00PM Eastern Time.

Click here to register

After you register you will receive reminder emails automatically so you don't miss the webinar. I don't know if they'll be recording this, or if he'll ever share this information again, so don't miss out.

We'll see you in this free training class, then we'll see you in the markets. Will you be trading with us....or against us?

The Gold ETF Trader

Market Makers.....Can you be on the same side of the trade?


High Range Close in Gold, Looking Overbought at this Level

October gold closed higher on Tuesday and the high range close sets the stage for a steady to higher opening when Wednesday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near term. If October extends the aforementioned rally, June's high crossing at 1424.00 is the next upside target. Closes below the 20 day moving average crossing at 1325.40 would confirm that a short term top has been posted. First resistance is Monday's high crossing at 1382.40. Second resistance is June's high crossing at 1424.00. First support is the 20 day moving average crossing at 1325.40. Second resistance is the reaction low crossing at 1272.10.

September silver closed lower due to light profit taking on Tuesday as it consolidated some of the rally off June's low. The high range close set the stage for a steady to higher opening when Wednesday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near term. If September extends the rally off June's low, the 38% retracement level of the September-June decline crossing at 24.704 is the next upside target. Closes below the 20 day moving average crossing at 20.746 are needed to confirm that a short term top has been posted. First resistance is Monday's high crossing at 23.605. Second resistance is the 38% retracement level of the September-June decline crossing at 24.704. First support is the 10 day moving average crossing at 21.703. Second support is the 20 day moving average crossing at 30.746.

Don't miss todays webinar with John Carter

Saturday, August 17, 2013

How to Beat the Market Makers....Free Webinar with John Carter

John Carter of Simpler Options is going to teach you more in this one hour webinar, than you could learn in 3 months. And he's doing it just for you....our readers. Register here asap since John does limit seating.

Here's what he'll be covering...

*     How to be on the same side as the Market Maker
*     How to protect yourself in a trade
*     How to pick the right stock at the right time
*    What Wall Street doesn't want you to know about weekly options
*    The one simple trick to put the odds in your favor

And much more

This timely webinar will take place online but seating is limited due to the high demand.

Click Here to Register

After you register you will receive reminder emails automatically so you don't miss the webinar. I don't know if they'll be recording this, or if he'll ever share this information again, so don't miss out.

See you in this free training class.

Then we'll see you in the markets, as we put John's methods to work,

The Gold ETF Trader


Be on right side of this market, protect yourself, BE HERE


Friday, August 16, 2013

Adam weighs in ...... Is Gold Indicating Trouble Ahead?

Is it time to go long gold in a big way? Our trading partner Adam Hewison, President of INO.com and Co-creator of MarketClub, has come out with his call on gold for the near term. Are you trading with him or against him?.....

As another trading week comes to a close, it is worth noting that gold is closing at a nine week high for a Friday. I believe that this is a significant event, and believe that gold has now put in a base to move higher later this year and next year.

It's a little ironic that hedge fund traders, like George Soros, recently divested themselves of their long gold positions, as it now appears that the market has put in a major base and wants to move higher.

Our long term monthly Trade Triangle for gold continues to be in a negative mode. However, this Trade Triangle [click here to get a free trial of Adam's Trade Triangle technology] is slowly beginning to flatten out and I would not be surprised to see it change to green in the not too distant future. In today's report, I will be covering gold and a gold stock that you may want to trade, as it flashed a major buy signal today.

I will also be covering some very interesting stocks that I think have potential on the upside after their recent correction from their highs, as well as my analysis of the major markets and what I am looking for in next week's market.

Have a great trading day and a super weekend,
Adam Hewison
President, INO.com
Co-Creator, MarketClub

P.S.  Click here to check out Adam's INO TV. It's FREE!



John Carter's "Dirty Secrets of Weekly Options".... New Video


What makes THIS different?

They say that those who can't DO...teach. Does THIS prove that phrase wrong? 

In this 7 minute video, John Carter of Simpler Options shows his REAL account balance, his winning AND losing trades that has racked up amazing profits. How did he grow his account? Simple.

Using the methods he teaches in this 7 minute video. See his account and learn his methods. Please feel free to leave a comment and tell us if you can see yourself using these methods to trade commodities, equities or even currencies.

Watch John's "Dirty Secrets of Weekly Options" video now


Will 1,650 Offer Buying Support for the SP500?

Earlier this week we shared with our readers a great article from our trading partner J.W. Jones where he covered in detail the loomimg correction in the equity markets. Now what? Here's a follow up article that includes the trades J.W. closed this week.......

In my most recent article, I discussed how I was expecting U.S. financial markets to reverse to the downside in the near future. I illustrated the various divergences in a variety of underlying technical indicators which have issued warnings in the past.

Unlike many financial journalists or newsletter operators, I am an option trader first and a writer second. My primary focus is typically to sell option spreads that focus on the passage of time for profitability and/or take advantage of large implied volatility spikes which help to improve my probability of success on each trade taken. Unfortunately in 2013 Mr. Market has not accommodated my style of trading as we have had very low volatility most of the year.

Low volatility levels many times force option traders to take more directional trades which ultimately leads to lower probabilities of success. I still take advantage of stocks that have had implied volatility spikes, but ultimately this market has forced theta sellers to get more aggressive, take more risk, and accept less potential profitability.

I have recently closed several winning positions with members of Options Trading Signals service during the August expiration. Several positions were actually closed Thursday August 15th for gains.

However, what might surprise readers is that several positions that I closed for gains this week and even today were long biased positions. In fact, one of my largest winning trades for the August monthly option expiration cycle was the EWZ Call Debit Spread that was essentially long Brazilian equities.

Here are the detailed results of J.W.'s recent trades


New video....John Carters weekly options method to beat the market makers at their own game!


Three urgent steps to take right now as interest rates begin to explode higher

FIRST, other than for trading purposes, exit all sovereign bond holdings. There is the possibility of one more drop in interest rates, but the long term reality is that bond prices are going to fall.

SECOND, exit the most vulnerable interest sensitive stocks. See our list below of 25 STOCKS TO DUMP RIGHT NOW.

THIRD, beef up your income portfolio with these three rock solid companies my research analysts have found that thrive on rising interest rates."

Just click here to read John Mauldins, Chairman of Mauldin Economics, entire article "Three urgent steps to take right now as interest rates begin to explode higher"



What makes THIS different? In this 7 minute video, John Carter shows his REAL account and trades
 

Thursday, August 15, 2013

How Hedge Fund Managers Beat Market Makers at their own Game

2013 will be remembered as the year the retail investor was introduced to the world of trading options. And our readers have been lucky enough to follow our trading partner John Carter of Simpler Options as he teaches us how to successfully trade options using his "unique weekly model".

A couple of times a year John is willing to produce a new video and bring us his latest take on trading options including showing us his recent trades from his personal account. What do you need to do to understand this system?

Just click here to watch his new video!

Here's what you'll be learning......

    *   How he has made $650,000 this year beating the market makers at their own game

    *   The Dirty Little Secret of Weekly Options

   *   Why weekly options are his favorite way to trade options

    *   The account size you need to trade weekly options....[Here's a hint...any size]

    *   Your goal as an options trader

    *   And so much more...


Watch the video and please feel free to leave a comment and tell us what you think about the video and what you think about using his weekly options trading model.

The Gold ETF Trader


Watch "What Wall Street Doesn't Want You to Know about Trading Options"


Monday, August 12, 2013

The SP500 Enters Major Correction Period

Our trading partner David A. Banister of Market Trends Forecast releases his call that the SP 500 is close to confirming new correction. Says 1685 support is the key. Here's the details based on his Elliot Wave research.

The SP 500 has been on a tear since late 2012 with the SP 500 bottoming at 1266. The rally though we have been charting out as part of a “Primary wave 3″ uptrend for this Bull market cycle from March 2009, and we are likely entering a Major correction or what we would label “Major wave 4″. Since the 1266 lows, we have had Major Wave 1, 2, and now 3 completed at 1710. We are entering Major wave 4 which should correct 23-38% of the entirety of Major wave 3, which was 444 points.

This correction will be confirmed with any close below 1674 and nails in the coffin begin with any close below 1685 on the SP 500 index. Primary wave 1 of this super bull cycle ended at 1370, a 704 point rally. Primary wave 3 will likely be larger than Primary wave 1 and I am projecting a top between 1900-2000 on the SP 500 before it’s completed. The current correction is Major wave 4 of Primary wave 3, which has 5 Major waves required. With that said, our projections are for 1605 on the shallow side and 1540 on the deeper side for Major wave 4 of Primary wave 3.

Now it is possible that we may extend a bit higher yet in Major wave 3 to 1736-1772, but only if we hold the 1685 support lines which the market is basing around currently. In any event, at our Trading service we have been aggressively taking profits in the past two weeks on multiple positions while still holding a few open at this time.

Below is a chart showing our projected correction pivots of 1605 and 1540, subscribers will be updated on a regular basis. Just click here to join Banister with a 33% discount on his trading service and also receive Precious Metals (GOLD) forecasts on a regular basis every week.

812 SP 500


John Carter releases DVD version of "Spread Trading Strategies for any size Account"....Click Here to get your copy!


Saturday, August 3, 2013

The Market Trend Forecast....Our Latest Market and Gold Views

The staff at TMTF have continued to correctly project the wave patterns for months now for their subscribers in the SP 500 Index. Their latest views were to look for a minor wave 3 top at 1698 with a pullback minor wave 4. They hit that on the nose with a 23.6% fibonacci retracement of minor wave 3 as the index hit 1676.

Since that point, TMTF outlined a Wave 5 pattern that should take the SP 500 to 1736-1771. Several weeks ago they patterned out 1768-1771 as a perfect target for a Major wave 3 high. This will be followed by a 125-200 point SP 500 correction if we are correct.

Below is the latest chart update outlining what we project ahead. A run to 1736-1771, followed by a 120-200 point correction for Major Wave 4 in the SP 500. Subscribers get multiple updates each week.

Click here to join us today for a 33% discount at Market Trend Forecast

81 tmtf


Get our FREE Trading Webinars Today!