More Big Winners In Our Portfolios

Just a quick post to prove metals and miners are in a bull market. Here are three more of our holdings, and there are many others I will try to show in future posts. The point is that the bull is strong, and very much alive, with much more upside to come. I posted our largest holding the other day, Coeur Mining, which continues to make new multi-year highs today. Even though we are up a lot in these names already, I refuse to sell any shares on that idea alone. Stocks like CDE could double from here, then double again, easily putting the stock up over $33 per share. But remember, for exponential gains that produce “10 baggers”, the earlier and cheaper you have your positions, the easier it is to make multiples on your investment. While they public still has not begun to chatter about the miners, much less chase them up in a buying frenzy, its still not too late to get involved!

Here we see daily charts of SSRM, ASM, and NGD, all big winners for us already, but like CDE, they have much, much more upside to come. Bull markets in miners are something to behold, they rise fast and furious, so far these gains have been relatively tame, but the window is closing on where professionals would be willing to buy. I’m quite sure several of the pros already own miners, with more to come, as other names are showing promise that they will be next to fly. First Majestic (AG) comes to mind, as well as SVM, PAAS, EXK, AYASF, and even the junior explorers have perked up. Own them while they are cheap!

No need to write me that my trendlines are off, I draw them very loosely and don’t use them in my entry or exit orders, only to illustrate the direction of the general trend. I also forgot to add that I recently purchased SLVR, Sprott’s new silver miner etf that also has nearly 20% in PSLV, the physical silver etf by the same company. I like the portfolio, for those looking to get exposure to real juniors and want to diversify among the group, but don’t have the time to keep up on so many individual junior explorers and producers. We are still heavily weighted in the mid-cap producers as they have started to take off higher. I expect that to continue and then we should see the juniors get their day in the sun, some like DSVSF already have rocketed, but many more juniors should follow as the bull matures. We are right in the sweet spot at the moment, its time to get involved or forget the idea altogether, but I think passing on this opportunity will be something to regret.