Wednesday, September 22, 2010

Gold Stocks

For the past 12 months the mantra around here has been trend following.  In mid-June I introduced a basket of gold stocks in the subscription service because it as evident that gold was in an extended UP trend and we needed exposure to the sector beyond GLD and SLV.  Yesterday we added a new pick to replace KMKCF which is being acquired for $2.60 per share.  Eventually I'll reveal the new pick here, but for now, its a subscriber-only pick. 

Nonetheless, here is a graphical representation of how some of the gold stocks in the portfolio are trending along with Gold and Silver.  When a sector is in a trend, this is what we want to see from the individual picks from that sector.  This also argues strongly for adding a few more names, especially from the juniors which are generating some excellent percentage returns.


 ANV Daily Trend Model


AXU Daily Trend Model


GSS Daily Trend Model


TRE Daily Trend Model


GLD Weekly Trend Model




Past performance is not a guarantee of future results.