Subscribe for 12 months with recurring billing - $199

Buy 12 months of subscription time - $199

 

Search Silver Prices
Silver Price
[Most Recent Quotes from www.kitco.com] Our RSS Feed

Silver Updates by Mail

Enter your email address:

Follow Us on Twitter
« Silver To Climb 38% In 2013 - "Possibly Over $50/oz" Say GFMS | Main | SmartMetals just got even better! »
Monday
Nov262012

We Are About To Crush 15 Years Of Resistance In Gold & Silver

Today John Embry told King World News that we are about to crush 15 years of resistance in gold and silver.  Here is what Embry, who is chief investment strategist at Sprott Asset Management, had to say:  

Friday was a solid day, but I could have bet my life that we would see exactly what’s transpired today.  There has been no follow through whatsoever and that’s become the norm.  Essentially, they don’t want people to get excited about this sector, so when it pops up in price they make sure there is no follow through.”

But you have to understand the extent to which the gain on Friday was fought.  There were explosions in open interest on the COMEX.  Open interest in gold contracts increased over 14,000 contracts.  Open interest increased almost 4,000 contracts in silver.  

These are big numbers....

Please click here to read for the rest of this interview between John Embry and Eric King of King World News.


Regarding www.skoptionstrading.com. We are pleased to inform you that we have now achieved more than a 500% return since inception.

If you wish to join a winning team then please become a subscriber via this link:

Our model portfolio is up 505.98% since inception

Our trading success rate is 91.30%

95 profitable trades out of 104.

An annualized return of 78.31%

An average return of 35.55% per trade

Subscribe for 6 months- $499

Subscribe for 12 months- $799 

Our annual performance figures are as follows:

2009 We made a profit of 23.89%

2010 We made a profit of 158.66%

2011 We made a profit of 40.95%

In 2011 we outperformed:

S&P by 42%

HUI by 53%

Gold by 31%

Silver by 41%

The 2011 Annual Report by be accessed via this link.

Also many thanks to those of you who have already joined us and for the very kind words that you sent us regarding the service so far, we hope that we can continue to put a smile on your faces.

To stay updated on our market commentary, which gold stocks we are buying and why, please subscribe to The Gold Prices Newsletter, completely FREE of charge. Simply click here and enter your email address. Winners of the Gold Drivers Stock Picking Competition 2007  

If you are new to investment in the precious metals sector then you may wish to subscribe of our FREE newsletters regarding gold stockssilver stocks and uranium stocks, just click on the links and enter your email address. 

PrintView Printer Friendly Version

EmailEmail Article to Friend

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>