Issue #144
| For all subscribers: For each $25,000 in equity you are trading …
1. CANCEL and REPLACE your order to buy 500 shares of Kinross Gold Corp., symbol KGC, at $4.10 or better. NEW PRICE: BUY AT MARKET. Then place a protective sell stop at $3.58, stop, good till cancelled. 2. CANCEL and REPLACE your order to buy 380 shares of Silver Standard Resources Inc., symbol SSRI, at $8.12 or better. NEW PRICE: BUY AT MARKET. Then place a protective sell stop at $7.47, stop, good till cancelled. 3. Buy 100 shares of Direxion Daily Junior Gold Miners Bull 3X Shares, symbol JNUG, at the market and place a protective sell stop at $25.49, stop, good till cancelled. |
Dear Member,
Gold has exploded higher this morning, without a further pullback, yet the rally is coming almost right on cue, though a bit sooner than I had expected. Gold is up $17 as I pen this issue, silver is up about $0.28.
The action is going to be volatile, so expect some wild swings. Nevertheless, now is not the time to wait any longer — since both metals have now confirmed the recent bottom and have much more upside coming.
Per the above, it is time to adjust your orders and buy KGC and SSRI, at the market. I also recommend getting back into JNUG, at the market.
Please be sure to enter your protective sell stops, also per the above instructions, on a good-till-cancelled basis.
Hold all other positions and related protective stops. If you are not on board any of the existing open positions, please wait for my next signals.
Stay tuned!
Best wishes, as always …
Larry
