Jason Hamlin

SEMAFO: Junior Gold Miner Shines

Haha. Yes, stay away from SEMAFO. The share price of this "non existent" pink sheet company has nearly QUADRUPLED since I wrote this article.

View my current portfolio at: goldstockbull.com

Current Gold Price Is Not a Bubble

Agree. Gold is heading much higher. $1350, $1,500, $2,400 and beyond.

I also believe CEF is a great buy at the moment, since they just had an offering and their premium came down. It almost always catches back up in the following few weeks.

Sold Gold

I think China will support gold aggressively around the $1,000 mark, so I'm not too concerned about a big correction. Booking profits around these levels is probably wise, but I would never be shorting gold during these times. It could absolutely spike any day if dollar dumping ensues, which is just a matter of time.

Four Major Developments Gold Investors Should Watch

How insincere to paraphrase and leave out important context. Do you work for Fox News or something?

COMEX Commercial Traders Have Taken the Largest Net Short Position Against Gold & Silver Ever on Record...

...it is interesting to note that the commercial net short position increase was actually less than the increase in total open interest. In other words, despite taking record short positions against gold, they were unable to absorb all of the buying pressure. This is further evidenced by the fact that gold has held onto recent gains and continues hovering around the $1,000 mark.


On Sep 15 04:36 PM User 377624 wrote:

> "COMEX Commercial Traders Have Taken the Largest Net Short Position
> Against Gold & Silver Ever on Record ... While this news is usually
> very bearish ... My takeaway ... is that the news is bullish..."
>
>
> Who are you trying to convince?

Too Early to Take Profits in Gold

Agree with the author 100%. I think gold will reach $1,250 before any meaningful correction. Historically, these uplegs last around 20 months and put in gains of about 70%. The current rally has lasted 10 months and has gained only about 40%. Much higher to go!

Gold: The Moriarty Warning

Any good analyst will caution investors after a significant and sustained move to the upside. I don't view Moriarity as a particularly worthwhile indicator of the future direction of the gold price. He's just advising taking some profits off the table, which is a safe move.

I don't agree that with the notion that gold can't continue climbing higher at this juncture and I don't think great caution is warranted.

The last two major uplegs both began in September, both lasted just under 2 years and both put in gains of around 70% (Sept 04 - May 06 and Sept 06 - March 08).

The current upleg started in November of 08, is less than a year old and is only up 39% thus far. Furthermore, the current move is coming off a 6-month consolidation around the $950 level, which suggests it should have the legs to continue higher. About 30% higher if history is any indicator.

Not only the technical picture points higher, but the fundamentals are a perfect storm for higher prices as well. China is buying and encouraging their citizens to do the same, Russia is buying, central banks have become net buyers and Indian investors are making up for slouching jewelry demand with new ETF demand. More and more investors are also requesting physical delivery, which is hurting the ability of paper shorts to manipulate. All of this against the back drop of record deficit spending and a crashing dollar and you have the right ingredients for much more upside.

My prediction is that while it is always prudent to take some profits off the table, Moriarity and others are way too early to be talking about any significant correction. While small pullbacks will happen along the way, I think gold will reach $1,250 before any meaningful correction/consolidation.

Four Major Developments Gold Investors Should Watch

I believe you and I regularly check gold priced in several currencies.

This article focuses on relatively new developments in the gold market. The dollar is the obvious key driver of the advancing gold price, so I didn't feel the need to re-hash that point.

Cheers


On Sep 15 08:21 AM chap08 wrote:

> You could delete your 4 items and replace them with one: the dollar.
> If you don't believe me, take a look at the gold price in a range
> of other currencies.

Four Major Developments Gold Investors Should Watch

This is simply not true axelrod. The vast majority of investors have little or no gold in their portfolios. Walk around the streets and ask Joe public if they know how to invest in gold, what the gold price is or why owning gold is important. You will get blank stares.

If/when there is a rush into gold, it will overwhelm the relatively tiny market and push prices much higher.


On Sep 15 09:15 AM axelrod608 wrote:

> I've often heard that the time to buy anything was when there were
> no buyers left and the time to sell anything was when everyone was
> buying. These days every cabbie, every shoeshine boy and every waitress
> is giving unsolicited advice to "buy gold". That may not constitute
> fundamental research, but it has been on my mind. I don't have an
> answer other than to hedge every dollar I have in gold.

Four Major Developments Gold Investors Should Watch

Exit strategy? What is that?

I use stop limits to protect capital and I diversify my portfolio. This mitigates my risk.


On Sep 15 08:32 AM Jordan Lindsey wrote:

> As a trader my primary concern is risk. You seem to only be concerned
> with the possible reward side. What happens if your magical $1,000
> price level does not hold? What is your exit strategy? You do have
> an exit strategy right Jason?

Western Lithium Stands to Profit from Electric Car Stimulus

Yeah, good point.

While brine is *usually" cheapest, followed by clay, it all depends on the quality of the material...

Until the 1990s, most came from a hard-rock compound called pegmatite, mined in North Carolina and used in glass and ceramics. That's the form found in Canada. The preferred current source is brine, from salt flats. Some, like Western Lithium's, is in wet clay.

Brine is considered the cheapest to mine and process; pegmatite, the most expensive. But brines aren't equal: Their lithium concentrations vary widely as does the presence of contaminants, notably magnesium, which must be removed. It can be cheaper to develop a good rock or clay source than low-quality brine.


On Aug 16 11:55 AM romorris wrote:

> Give us a cost comparison to get lithium from clay versus brine and
> your article would be convincing (one way or the other).

Western Lithium Stands to Profit from Electric Car Stimulus

I wasn't aware of the company before it ran up. Wish I would have been. Timing is a tricky thing and it might be wise to wait for a pullback. However, I think most investors are just starting to look into lithium plays and that we have a few more weeks of mania buying before any significant profit taking/pullback. Time will tell.


On Aug 16 12:47 PM Alan Young wrote:

> Jason, why didn't you tell us to buy WLC *before* it ran up 50% in
> 3 days (.70 to 1.15)? Buying now would be chasing. At the very least,
> wait for a pullback to the gap at .82 (seekingalpha.com/symbo...).

A Long Look at Lithium: Chile's SQM Poised for Growth

I like SQM, but I think better returns will be had from junior lithium players such as WESTERN LITHIUM (WLCDF.PK).

www.westernlithium.com/

Eric Coffin: Stick with Gold Exploration Stories That Work

Evolving and East Asia are excellent mining plays that I've been tracking for while. Incredible gains over the last few months!

I also like Premium Exploration (PMMEF) and CMC Metals (CMCXF). Juniors like these are going to absolutely explode when gold finally breaches $1,000 and moves towards new highs.

Become a premium member and get these picks before everyone else jumps on the bandwagon and inflates the prices...

www.goldstockbull.com/.../

Quadra's Mega-Project a Game Changer - Canaccord Adams

With the economy likely to be flat or declining for some time, I am staying away from base metal plays. We haven't seen inflation ratchet up yet, but this is due to the banks hording 90% of the TARP funds they have received and thus the cash has not flowed through the economy. At some point, the massive amount of the printing, borrowing and spending will debase the dollar and create inflation, if not hyperinflation. In the end, we are most likely looking at stagflation for a number of years.

Industrial metals are not the place to be in this environment. I believe it will be much more lucrative to own miners of monetary metals, such as gold and silver. While a falling stock market will crush copper miners, gold and silver provide insurance against the backdrop of a currency crisis.

Is Raser Technologies a Bargain, Or Just Cheap?

Nice call out of Alpha, Tom. All negative comments and all about the same company seems a bit odd. The person is obviously trying to create negative sentiment towards Raser.

How do you think Nevada Geothermal (HTM) compares to Raser? Do you like one better than the other and why?

Thanks,
Jason