Gold and Silver at 4 Year Lows

Silver - Large Pic w Bars

Gold and Silver haven't been this low since 2010.

ecall when Stallone unleashed THE EXPENDABLES on us or Ben Affleck redeemed himself in THE TOWN.  That's also the last time gold and silver was this low.

Silver Surfer

Just when you thought it was dead, Mastery nailed the bottom.

Last week we talked up silver and its miners in Back to the Gold and Silver Hedge (GLD, SLV, KGC, SSRI, SLW).  We hoped you listened.  They have finally bounced and the big winner is Silver Standard Resources Inc. (USA) (NASDAQ:SSRI).

 

Goldfinger - Gold Overdose James Bond

Back to Gold and Silver we go.

We are likely to experience a minor correction or at least a few negative days from here.  It's time to get back into the oversold gold and silver stocks.  That means iShares Silver Trust (ETF) (NYSEARCA:SLV),  SPDR Gold Trust (ETF) (NYSEARCA:GLD) and miners Kinross Gold Corporation (USA) (NYSE:KGC), Silver Standard Resources Inc. (USA) (NASDAQ:SSRI) and Silver Wheaton Corp. (USA) (NYSE:SLW).

Die Hard Glass

Silver investors are as beat up as John McClane. Can they pull the glass out of their feet yet?

Silver and its Miners have been a volatile and disappointing trade for 2013.  However the shorts have poured into these stocks and raked in massive returns.  If you shorted Silver Standard Resources (SSRI), Silver Wheaton (SLW) or Pan American Silver Corp (PAAS) this year congratulations.  However the Hater-Aid fueled party could be nearing and end.

Obama

Sorry shorts, silver stocks made a big comeback. 

 

Last week we highlighted 4 Silver Stocks that Deserve Attention.  Today all four names reversed course and bounced from their lows. 

Silver Surfer

Silver must be going to zero, right?  Come on.

It appears the market has given up on silver despite the turmoil that could inflict the market with a looming March 27th deadline and today's Sequestration March 1st date.  When there is weakness, there is opportunity.


Mr. T - Pain

Pain was the dish served up to the RIM haters.  Welcome Black Friday / Cyber Monday 2012.

Thanksgiving 2012 trading week was all about Research in Motion (RIMM),.  It was also a great week for Cyber Monday / Black Friday stocks such as Amazon.com Inc (AMZN) and Google (GOOG).  Not to mention the  iShares Silver Trust (SLV) setup for a potential beautiful trade.

Silver - Large Pic w Bars

Silver is up but we think an even bigger breakout is on the horizon.

The handle portion of the cup & handle formation in the iShares Silver Trust (SLV) is almo

Beastie Boys - Licensed to Ill Tape

Ali Baba and the 40 thieves would steal these stocks if they could.

Zillow Inc. (Z) shares were crushed this week to the tune of almost one-third of their values.  Despite the Zillow jump off Mastery believes it could be a great opportunity to buy on weakness. Silver via the iShares Silver Trust (SLV) makes a compelling trade and we review the latest Obama Stock Picks.  Stocks that could benefit with four more years of Obama include Smith & Wesson Holding Corp. (SWHC), First Solar (FSLR), Vanguard Health Systems Inc. (VHS), and more. We review the week a la 1897 Beastie Boys.

 

Cup and Handle formation in Silver (SLV)

Silver-Scottsdale

Classic cup and handles formation in the iShares Silver Trust (SLV). What could go wrong?

With Bernanke on the job for at least another 4 more years, QE to infinity is intact - which means inflation hedges like Silver will be money in the bank for investors.

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