GOLD

Let's not keep banging our heads against the wall when there is a clear Wave 3 advance taking place in the precious metals.  I sent out a Gold & Silver Basket to my subscribers earlier this weekend and expect to add more gold and silver stocks going forward.  What follows are three views of the the gold market and a table comparing returns on those charts to returns from a basket of mining stocks during the psat 18 months.  This looks like the real deal to me.

GLD

DGP

GDX

Below is a copy of an email Alert I sent out to subscribers over the weekend, illustrating the potential that individual mining stocks have over even leveraged gold and silver indexes:

Here is exactly why I prefer individual gold stocks to indexes and/or leveraged indexes.  The individual Gold & Silver stocks come from the current list and/or stocks I have written up on my blog during the time period. Note that the SPX for the same period is up +44%.

Dates:  1/1/2009 through 6/19/2010

Gold & Silver Indexes
 
GLD  83.92--->122.83 =  46%
SLV  11.09---> 18.75   =  69%
GDX  31.31---> 54.06  =  72%

          Average = +62%

Select Gold & Silver Stocks

ANV   3.92---> 21.83   = 457%
GSS   1.27--->  4.41     = 247%
TRE   3.50--->  4.90     =  36%
KMKCF 0.30--->1.96  = 553%
SWC   4.84---> 13.53   = 180%
TGB   0.98--->  5.04    = 415%
SVM   2.08--->  7.50   = 260%
     
          Average = +307%