November 13, 2014
Re: Gold Moving Forward
Henk Krasenberg and I have known each other since 1987 when I first met him in his office in Amsterdam. Over the years we have become friends (buddies) and we always have free flowing frank discussions and debates mostly revolving around the mining industry.
Henk has represented many exploration and mining companies and introduced those Companies to his substantial database of investors and fund managers worldwide.
Recently he changed his Modus Operandi (MO) by focussing on QUALITY investments only, mainly in the Precious Metals and Diamond industries. He is consolidating his publications into a new and improved 'European Gold Centre' website which will be completed soon and will include his 'Goldview', 'Mining in Africa', 'Mining in Mexico' and 'Mining in Europe' publications.
Although Henk Krasenberg and I do not see eye to eye on THE low in gold and the TIMING thereof, we totally agree that, as he says, “this situation cannot and will not last and I am sure that gold will come back and with revenge too”.
I am one of those guys Henk writes about when he says: “If the guys out there want a $900 gold price, let them have it and let’s get it over with”. His excellent November 10, 2014 editorial comment on gold entitled ‘BACK IN THE DANGER ZONE?’ certainly is beneficial and a quick and worthwhile read.
Henk and I may not agree on THE low and the exact TIMING of when gold will turn but, we do agree that investors should do their homework now and prepare for what is coming by researching QUALITY companies with “viable projects” to add to their portfolios. Companies, as Henk says “that are having production potential, proven resources or acquisition attraction”. Yes, the CYCLE will change and, once it changes, QUALITY companies will return many, many times your initial investment.
In any event, research, invest and then sit back patiently and wait for the next Euphoric CYCLE going into 2016.
I can testify that you can rely on Henk’s honest and forthright writing and I urge you to see the types of QUALITY companies he writes about for the longer-term as we move forward.
I do not WANT a $900 gold price but, based on Martin Armstrong and his computer (Socrates) I do believe in CYCLES and that we will break $1,000 before gold goes prime time. Since 1985 I have followed Martin Armstrong and he has, over the years, proven to me that his computer generated Reversal System actually works.
Socrates eliminates all human emotions and, unlike us humans, Socrates, the computer, is totally unbiased.
There is a Martin Armstrong documentary at the Dutch film festival ‘the Forecaster’ which is sold out, indicating that there are many more investors in the world who follow Marty. The Dutch film crew of the Forecaster started this project in December 2011 at a Martin Armstrong conference in Philadelphia at which I was present and they followed him to all his speaking seminars to complete the documentary. Here is a Preview of the Forecaster and as soon as I can see that documentary I will certainly do so.
In today’s Blog Marty stated: "We have to be concerned that the Cycle of War turns back up next week. NATO has reported that Russian troops have now invaded Eastern Ukraine. In the ‘Cycles of War Report’ we wrote that target will be November 19/20, 2014 (2014.8871) where we should see some escalation in activity. It appears this may be correct and on point. Caution should be advised next week.”
The rattling of sabres should be positive for Gold which enforces Dave Skarica’s view on Gold in the near-term. Dave has been accumulating JNUG, the Dirextion Daily Junior Gold Miners Bull 3x Shares NYSE in the past week. Dave expects the gold stocks to see a strong bounce here followed by a retest of the lows or a lower low in December.
Looking at both the Martin Armstrong’s Cycles of War and Dave Skarica’ views, the JNUG may be a good bet right now!
It is all about making money!
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")!
Stay Tuned for our Next Alert!!
Happy investing from Mining Interactive Corp. in in Vancouver, Canada,
Nick L. Nicolaas
Direct: +1 (604) 657-4058