Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
THEY DON'T RING THE BELL AT THE CRPTO MARKET TOP! - 20th Dec 24
CEREBUS IPO NVIDIA KILLER? - 18th Dec 24
Nvidia Stock 5X to 30X - 18th Dec 24
LRCX Stock Split - 18th Dec 24
Stock Market Expected Trend Forecast - 18th Dec 24
Silver’s Evolving Market: Bright Prospects and Lingering Challenges - 18th Dec 24
Extreme Levels of Work-for-Gold Ratio - 18th Dec 24
Tesla $460, Bitcoin $107k, S&P 6080 - The Pump Continues! - 16th Dec 24
Stock Market Risk to the Upside! S&P 7000 Forecast 2025 - 15th Dec 24
Stock Market 2025 Mid Decade Year - 15th Dec 24
Sheffield Christmas Market 2024 Is a Building Site - 15th Dec 24
Got Copper or Gold Miners? Watch Out - 15th Dec 24
Republican vs Democrat Presidents and the Stock Market - 13th Dec 24
Stock Market Up 8 Out of First 9 months - 13th Dec 24
What Does a Strong Sept Mean for the Stock Market? - 13th Dec 24
Is Trump the Most Pro-Stock Market President Ever? - 13th Dec 24
Interest Rates, Unemployment and the SPX - 13th Dec 24
Fed Balance Sheet Continues To Decline - 13th Dec 24
Trump Stocks and Crypto Mania 2025 Incoming as Bitcoin Breaks Above $100k - 8th Dec 24
Gold Price Multiple Confirmations - Are You Ready? - 8th Dec 24
Gold Price Monster Upleg Lives - 8th Dec 24
Stock & Crypto Markets Going into December 2024 - 2nd Dec 24
US Presidential Election Year Stock Market Seasonal Trend - 29th Nov 24
Who controls the past controls the future: who controls the present controls the past - 29th Nov 24
Gold After Trump Wins - 29th Nov 24
The AI Stocks, Housing, Inflation and Bitcoin Crypto Mega-trends - 27th Nov 24
Gold Price Ahead of the Thanksgiving Weekend - 27th Nov 24
Bitcoin Gravy Train Trend Forecast to June 2025 - 24th Nov 24
Stocks, Bitcoin and Crypto Markets Breaking Bad on Donald Trump Pump - 21st Nov 24
Gold Price To Re-Test $2,700 - 21st Nov 24
Stock Market Sentiment Speaks: This Is My Strong Warning To You - 21st Nov 24
Financial Crisis 2025 - This is Going to Shock People! - 21st Nov 24
Dubai Deluge - AI Tech Stocks Earnings Correction Opportunities - 18th Nov 24
Why President Trump Has NO Real Power - Deep State Military Industrial Complex - 8th Nov 24
Social Grant Increases and Serge Belamant Amid South Africa's New Political Landscape - 8th Nov 24
Is Forex Worth It? - 8th Nov 24
Nvidia Numero Uno in Count Down to President Donald Pump Election Victory - 5th Nov 24
Trump or Harris - Who Wins US Presidential Election 2024 Forecast Prediction - 5th Nov 24
Stock Market Brief in Count Down to US Election Result 2024 - 3rd Nov 24
Gold Stocks’ Winter Rally 2024 - 3rd Nov 24
Why Countdown to U.S. Recession is Underway - 3rd Nov 24
Stock Market Trend Forecast to Jan 2025 - 2nd Nov 24
President Donald PUMP Forecast to Win US Presidential Election 2024 - 1st Nov 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

SILVER Junior Miners May Lead To Fortune

Commodities / Gold and Silver 2010 Nov 11, 2010 - 05:13 AM GMT

By: Bob_Clark

Commodities Best Financial Markets Analysis Article"There is a tide in the affairs of men, which taken at the flood, leads on to fortune."  I have always loved that quote from Shakespeare's "Julius Caesar".  Every trader and investor should know it by heart.  

Are we a float on a full sea? What vessel will serve us best? 


The precious metals are truly stunning in their ascendancy.  The time has come for the junior explorers to stretch out and run.  This is it, it is go or go not. This is the tide on which fortunes will be won. I thought that this would be a good time to take another look and see how the juniors are performing since I recommended buying them in August.

In the Market Oracle article that I wrote in August titled "time to buy silver nears" I said I thought that the juniors explorers could double in the coming months.  Here is the quote.

....................................

" If my theory that the compression is coming to an end is correct and the juniors continue to trade in a linked fashion, then 100 percent rallies are probably coming."

......................................  

Since then they have doubled and it has only been three months.  Some of the moves have been much larger.  

I want to remind you that many of these companies have questionable management and their underlying holdings of raw, in the ground ore, is also questionable.  Remember Bre-x gold, if you don't you should google it.  The junior sector is full of them, in fact I would go so far as to say that most of the juniors in play today will go off the board at some point.

Here the thing and this is important. This is not that point.

So why do I bring this up?  It is so that if you do venture into the junior metals arena, when you fall in love, maybe you will remember this and look for signs that your true love and the promoter that runs it, may not have your back.  Maybe worse, they may be planning to put a knife in it. The other reason is so that maybe you don't fall in love at all, but keep all your dealings platonic.

Have a harem, not just one.  The rising tide of fortune will lift all boats but some have anchors more firmly stuck in the muddy bottom and may not rise as high.

All of the stocks I used in my analysis are questionable and I didn't give their names in this article although I do own them personally.   

Think of gold and silver as the generals, the fearless leaders.  They have already shown the way and led by example. Now it is time for the rank and file, the foot soldiers, to go bravely into the breach. They are the juniors and some will rise to greatness.  More important is, most will rise.


 
A quick look at the charts shows that many or the juniors are still priced very low.  We see two years in the wilderness with no price appreciation.  If this is the start of an inflationary cycle, as many are proclaiming, then surely we will see the price of  their resources pushed higher over time. They have all doubled in the last few months. There will be a bid underlying them for the foreseeable future.  What I am doing is trading them.  Buying when they fall and relying on the Benanke put to be their life preserver. I don't hear their siren song and cast them off when they become to haughty and proud. 
 
Here is the thing.  Most are flotsam and jetsam that will float up and down on the tide. That is all I ask to make me rich, just float up and down on an undulating sea. I am happy with 20 or 30 percent in a few days.
 
You should know
There is a dark force swimming beneath the waves and there is always the danger that this monster pulls your trading vessel under, never to be seen again.  The naked short seller is in it's element now as the volume increases in the junior sector.  They will be attacking every stock you own.   Selling into every rally.  These counterfeiters are part of the food chain that our soulless social order has bred. They are part of the moral hazard that is giving us the great Red undulating tide of debt. That tide will either drowned you or if taken at the flood, lead on to fortune.

Like Captain Ahab, already dead, Bernanke beckons us onward. It is our destiny. 
 
I have embedded the full fore mentioned quote on my blog for your enjoyment. It has been my friend for many years. I also posted a link to my nightly Evisory, in which I documented buying the bottom stock on the chart above. 
 
I can give you the skills and tools to float you to fortune.  Please see my blog for details.
Always remember the markets are controlled by the few.  When you trade or invest, if you are not with them, you are a victim.

Bob Clark is a professional trader with over twenty years experience, he also provides real time online trading instruction, publishes a daily email trading advisory and maintains a web blog at www.winningtradingtactics.blogspot.com  his email is linesbot@gmail.com.

© 2010 Copyright Bob Clark - All Rights Reserved
Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in