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Re: OhManIDied post# 47235

Friday, 02/05/2016 4:14:06 PM

Friday, February 05, 2016 4:14:06 PM

Post# of 63744
Your thoughts make sense. Any share accumulated by stealth at current prices means one less share needing to be purchased at a 5-10x premium a year or two down the road.

From the poster spock on another site:
http://goldtadise.com/wp-content/uploads/2016/02/gold.png

THE PARADIGM SHIFT
-> Posted by Spock @ 1:27 am on February 5, 2016 3 Comments on THE PARADIGM SHIFT

Spock strategy going forward for the PM miners:

1. Always hold a core long positions, no matter what happens, or what anybody “thinks” will happen next.
2. Do not naked short the sector, as surprises will now happen on the upside, not downside
3. Hedge the core long positions when appropriate
4. Take selective profits on the hard runners, but deploy funds back in on pullbacks
5. Buy the pullbacks and dips. Do not short the rallies or “tops”, as you may lose your shirt.
6. Biggest mistake will be holding naked shorts extra-day (overnight). Roadkill.
7. Focus most of trading funds into the PM miners. Fortunes will be made.

The DUST days are gone. Do not even think about it. Look for NUGT setups.

To put this bear market into perspective, its been the second worst bear market in gold stocks in 150 years. 150 years…5 generations. It was the perfect storm for the sector, having been hit by everything from soaring $USD to plunging oil prices to outrageous QE by insane bank-sters, who have now created by their actions another perfect storm in the other paddock. Everything that could possibly go wrong for the PM miner sector did go wrong.

It was exhausted and capitulated on 19th January. That was THE low for $HUI and $XAU and $GDM. Spock has no doubts whatsoever about this, and will now trade accordingly, on that basis.

There are some amazing opportunities now in the gold miners. I sold 11 positions yesterday in US and Canada, and have already re-deployed overnight a good part of the funds already into selected Aus gold miners, where some of the setups are extra-ordinary. The AU:XGD index is about to explode to the upside. I already posted the chart yesterday.

Expect HUI at 200 – 250 range within 5 to 7 months. Based on previous major lows.

Follow what I do. i pulled 7 figures out of the last PM miner bull market. I have no doubts I will do it again. But get in early with me, be confident you are on the right side of the trade now. Long.

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