Jason Hamlin

Gold Stock Bulls Are a Different Breed of Bull

Great article and excellent advice on how to profit during the Gold Stock Bull. I agree that juniors are way undervalued and will be explosive during the next move up. More insights at goldstockbull.com. Subscribers are being sent a list of junior miners we believe will double in the next upleg. Cheers, Jason

Gold Pulls Back - Is There a Deeper Correction Ahead?

Malkiel,
Not sure if you noticed, but gold is up 50% in the past 6 months. I am invested largely in Canadian stocks, which also reap the benefit of currency appreciation. But even if you were in dollar-denominated gold stocks and lost 10% to inflation, that is still way better than you could have done with just about any other investment over the past year. Are you suggesting the Dow or Nasdaq would have been a better place to invest? Sorry, but your analysis just doesn't add up and yes, all of the fundamental reasons to hold gold are still in place.

Gold Pulls Back - Is There a Deeper Correction Ahead?

Comments appreciated. I don't claim to have a crystal ball and I have certainly outsmarted myself plenty of times before, but I don't see it as silly or misguided to take some profits off the table after a huge run. I sold half of my shares in PAL and they proceeded to drop 20% in the next few days. I feel fairly confident that I will be able to invest the proceeds at lower costs in the coming days. Besides, I always maintain a larger core position and trade/lock in profits in a smaller part of my portfolio. Trailing stops are another reasonable approach, but I've had success with my strategy. And don't worry about the joints being bogarted joints Panama Red, we can smoke two joints before we smoke two joints and then we'll smoke two more.

Best of luck to everyone in these markets. Buy and hold is certainly a viable strategy. Buy GDX, SLV, GLD and take possession of some physical metal, then go about your life and check back in a few years. But if you are interested maximizing your profits via trading, viewing my portfolio of junior producers and tracking when I am buying or selling, you can subscribe on my site. goldstockbull.com

Our Favorite Stocks to Watch as the Gold Bull Kicks Back into Action

I am not avoiding silver. I am a huge fan of Silver Wheaton, which is a pure play on silver and included in our list of recommended stocks. I read both Ted Butler and Jason Hommel and agree that silver has some promising fundamentals. However, I expect gold to outperform silver during recessionary periods, which we should be approaching soon (despite rate cuts). Gold is more widely seen as a store of value and hedge against a declining dollar, while silver's price rise may be somewhat suppressed by declining industrial demand from a cooling economy, particularly developing nations. I could be wrong, but those are my thoughts.

How Long Will Gold's Consolidation Last?

Hi Earl. I have read Mr. Butler's articles, but I am not a regular reader. I feel that silver will strongly outperform gold if the general market remains strong. However, if growth in China/India/Brazil slows considerably or the U.S. enters a recession, I think we might see gold outperform silver. Silver's ability to outperform will be largely influenced by continued demand from industrial use. That's my opinion anyway. Waiting for the HUI to shift out of neutral and take out 360. Good luck!