Platinum has had a significant pullback in its bull market, along with gold and silver, while copper reamins not too far from its all-time highs. The message is clear, be long metals and commodities, the only questions should be when to buy and how much (position sizing). Further, look at the forward dividend yields on stocks with rising dividends like Sibanye and Valterra, paying 6.80% and 5.70% respectively! This mid-September is a pullback that should be taken advantage of, to acquire many commodity stocks that are now paying substantial dividends that should rise further, as earnings and cash flow continue to grow. We are also waiting patiently to add to our Australian coal stocks, yielding in the 4-5% range, as well as to our first tranche of uranium stocks such as CCJ, NXE, UEC, UUUU, DNN, and others. Lastly, we didn’t get invested yet in many copper stocks because I suspected the economy would slow down faster than it has proven so far, but if big copper producers such as BHP, RIO, and BVN drop further, I will buy/add in that area, too.

On a nearer-term daily chart, I might be early buying stocks like SBSW in the $11.50 area, we will see, but with a near 7% dividend, I can afford to wait for the return of the bull, which I am quite confident will occur.