Questions & Answers
Addtional List of Interesting Gold Companies
The status of Gold & the Dow as of Today
June 7, 2015
I have had many questions from several subsribers since my FDNN Alert #6 letter, dated May 31, 2015, where I recommended Crestwell Resources (CER) and disclosed 10 stocks I have been buying since December 2014 (see Chart).
Before I give you the answers to the Questions I received allow me to announce the following: I will be attending the Martin Armstrong ‘World Economic Conference’ on November 7 & 8, 2015 in Princeton, New Jersey. My hotel is booked from November 6 to 9.
That Conference has been sold out for many months so, I am lucky that I immediately reserved my Ticket (US$2,500) and booked my rooms early as well.
Several people have stepped up to the plate and are now paying me C$1,000 in exchange for my detailed Report on the Princeton Conference. The timing of the Conference is after the Sept 31/Oct 1, 2015 Economic Confidence Model (ECM) Turnaround date. It certainly will be two (2) days of intense work to benefit my Report and its subsequent readers. I trust I will get some serious insights and an opportunity to ask Marty personally the questions that I and many of you have.
If you want my World Economic Conference Report then please send a cheque in the amount of $1,000 to:
Suite 404 - 2050 Comox Street
Vancouver, BC, Canada V6G 1R8
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Based on how I interpret Martin Armstrong’s writing and his Blog here are a few of the Questions I received and my Answers thereto:
Good to hear from you.
What do you know about Seabridge Gold? If you got a moment, I would like your opinion since you are up in B.C.
You know I am not an advisor but, here is my view on Seabridge Gold - TSX: SEA.
They have a strong Three Pillar foundation:
- Strong hard-nosed, competent and trustworthy Management with a great history of success;
- Great projects in a jurisdiction where Country Risk is minimal;
- They understand Marketing including New-Age Marketing.
I see this as a great Low-Risk yet High-Reward investment.
If you are in at higher 2010 prices then I would average down and if I am correct that Gold will still break US$1,000 (which I am positive that it will) then you could consider averaging down again.
This is a good Company that will give you excellent ROI going into 2017 and beyond.
You can sleep like a baby with this kind of investment.
Question #2 also by Judy
I am looking to put together a small list of gold companies to buy over the next while and I appreciate your thoughts.
All my best,
Judy, here is a list of eight companies (8) gold companies that you can quietly accumulate at I time that reminds me of "the good old days" (buy-low/sell-high).
However, do yourself a favour and buy a bag full of TOP QUALITY Diamonds as well, so that you can put some in your hip pocket when you leave the Country.
You probably have already come to the realization that we ALL are just ‘Economic Slaves’ to the elected representatives and the bureaucracy in our respective countries. They will keep on taxing us into oblivion as long as our representatives can stay in power and continue the live style they have become accustomed to, at our expense. They tax your land, your income and then when you get to spend what is left they tax your purchases as well.
You have 1) land but, it is not mobile, you can’t move it when you want to leave the Country (they tax it); and 2) You buy physical gold but, you can’t take that with you either because, they pick it up on the airport scanners and then you are probably charged with money laundering. However, a little bag of Diamonds cannot be picked up by the airport scanners and you will at least have walking around money away from the maddening crowd in Washington.
Now back to Gold Companies (I met the Management of all of these Companies) Low Risk Medium Risk and High to Higher Risk:
- Yamana Gold (TSX: YRI);
- Silver Wheaton Corp. (TSX: SLW) A Royalty company that I like very much. Great expertise;
- Kaminak Gold (TSXV: KAM) - Looks like a takeover target CEO, Eira Thomas. She is a fireball and great geologist;
- Klondex Mines (TSX: KDX) - Great Company as mentioned in my previous FDNN letter;
- Pilot Gold (TSX: PLG); I don’t like their surfboard marketing concept but it has great Potential
- First Mining Finance (TSXV: FF). This is a Mineral Bank with a smart Management Team. They are focussed on JVs, royalty purchases; equity positions, project interests and earn-ins - I like this concept, it’s similar to Silver Wheaton;
- Balmoral Resources (TSX: BAR) Favourable jurisdiction in Quebec - but, High-Risk/High-Reward;
- Pure Gold Mining (TSXV: PGM) Higher-Risk/Higher-Reward.
There are many others like Kinross, Newmont etc. but the companies noted above are companies with great leverage. Your investment in the High to Higher Risk companies can be as high as 25% of your portfolio because they have the highest leverage.
PS. Add Franco Nevada to that list. It is another great Royalty Company. They pay their entgire Board less than Barrick pays just one (1) of its Directors.
I would like to thank you so much for introducing me to Martin Armstrong via your newsletter so many years ago.
I have been an avid follower, but since I had not been to any seminars, am a little confused as to his Economic Model.
Could you clarify the following for me please?
- 3rd Quarter of 2015, will be the start of the downswing in government and infrastructure. However, Martin did clarify that it does not mean necessarily that the US stock market will turn down, only the Bond market, as capital flows from public to private investments.
According to what I have been reading on his blog, my understanding is that it looks like there will be an upswing in the US market because Capital will be flowing from the EU to the US and there will be a switching out of US treasuries and bond into the US stock market, real estate (high end) and art work. Is this also your reading of the information?
Would the same scenario play out in the Canadian market? What about the US Corporate Bond market?
- Is it still useful to purchase his "2014 World Economic Conference DVD" even though it was produced last year?
- Any other DVDs or Video Streams would you suggest that I watch?
Thanks so much in advance for all your help!
Answer to Deanne:
- September 31/October 1, 2015 will be the Turnaround date as per the Economic Confidence Model (ECM). The Bond Markets will then peak as well at the Bond Markets in the US and Japan will then peak and money will flow into the US equity markets so the Dow, S&P and Nasdaq will commence their upwards movement (Public to Private money flows).
In addition money flows will accelerate flowing from the Euro, Japanese Yen and from elsewhere into the US$. Consequently, it will be a double whammy. Money will flow into US and Canadian Real Estate and other Hard Assets including Precious Metals Diamonds. As well as into US$ denominated Corporate Bonds.
The same scenario will play out in the Canadian market as well but, not to the extent of the US Market. The US$ will be King for a while because, it is the ONLY currency in the world where a person can PARK large blocks of money and in addition the US$ has never been cancelled so investors perceive it to be safe;
- No because, that 2014 Report is history and it will only confuse you;
- Your best bet is to pay me $1,000 and get my Conference Report.
Please feel free to call me any time.
That last 3) remark was a bit self-serving but, Martin Armstrong’s Blog is sometimes very confusing to people and after following his writings since 1985, I did not always feel sure if I was interpreting all of it correctly either therefore, do not take my interpretation as gospel but, just my attempt to unravel it all.
Question #4 - Re: the Price of Gold
(I have BLEEPED out the names of the Analysts mentioned below. Although, I wished they would disclose on whom and what they base their opinions, I do respect their writing skills).
By the way, I was surprised to hear you think gold will go under $1000.00. BLEEP thinks it will go to $700.00
It is hard to believe with China, Russia and India all big buyers that the price goes down.
I believe the price is being manipulated by paper futures. Why would that surprise us as the big banks have been caught manipulating almost everything else.
Answer to Judy:
Judy, I have written about gold breaking $1,000 extensively. The benchmark is $939.50. If gold break below $939.50 - - and then - - goes above $939.50 again then I assure you that - - only then - - THE LOW will be in.
As you know, I have followed Martin Armstrong "The Forecaster" and his Economic Confidence Model (ECM) and his artificial intelligent computer named "Socrates" since 1985. The Turnaround Dates on the ECM have indicated major events well in advance.
In 1985 he told the audience here in Vancouver "when gold breaks $256.50 and - - then it goes above it again - - then I will buy, buy, buy and catch it with my baseball glove.
It did just that in August 1999 - - gold broke below $256.50 to $254.50 and then went quickly above $256.50 again. Anybody that would have bought on that advice would have made a fortune.
I see the same thing happening with the $939.50 benchmark. It may very well go as low as the $600s but, I hope it will be a short lived spike down like in August of 1999.
In the past there have been Analysts, like BLEEP, who followed Armstrong's writings and then wrote articles but, never disclosed that their analysis was based on Armstrong’s writings and perhaps BLEEP you mentioned is in that same category (I read the BLEEP Digest but, not on an ongoing basis).
To me it has become abundantly clear that there are more and more Analysts jumping on the Armstrong bandwagon without disclosing that they are doing so. However, I am up front about disclosing that all my predictions are based on Martin Armstrong’s (Marty) writings and his supercomputer Socrates.
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Yes Friends, Gold will still surprise us for reasons that we mortals never could have foreseen. In other words we needed to expect the unexpected!
For example, last month, it looked like Gold was on its way to a popup into June but, it just traded sideways and failed to close above $1,239 on a Weekly Closing basis and it settled only @ $1,225 . Thus, it did not break the Weekly resistance at $1,239 and Gold continuos to languish (See June 4 Martin Armstrong Blog).
For a start, we expect that the first release of Socrates by Marty will for a start, have about 50 stocks that it will follow. Importantly, I understand that there will be a complete section on mining stocks. Whereas, my focus is on the mining sector I will find that very useful and I am waiting for the Socrates launch with great anticipation.
The DOW: See June 5, 2015 Martin Armstrong Blog.
Friends, always remember, "sell a little too early as well as a little too late",
never be too greedy and try not to sell everything at the top
("you will never go broke taking a profit")!
It is all about making money but, in the mining sector, we still have to be patient for a while. If you are not sure what to do, don't hesitate to call or contact me and ask me what I am doing during these volatile, violent and sometimes difficult to understand Markets.
Stay Tuned for our Next FDNN letter!!
Happy investing from Mining Interactive Corp. in in Vancouver, Canada,
Nick L. Nicolaas
Direct: +1 (604) 657-4058