Bull Back On Track, And The Makings Of a Four-Bagger

I’m happy to report that the bull market in metals and miners appears to have resumed, after a short but strong shakeout that has left many bulls on the sidelines, patting themselves on the back for avoiding a little pain, while forfeiting positions that they now find difficult to buy back. If they won’t show you their actual brokerage statements, odds are they are not making the gains they claim.

Here is a case in point, a quick glance at one of our holdings, would leave the reader thinking “so what? its going up, but nothing spectacular”. Discovery Silver is already up 401% in our accounts, with that common-looking chart, and also not how many times it would have been easiest to ring the register. But that lis not how four-baggers (4x your investment) are made, because the temptation and fear push a person to feel great taking profits at 100%, and if not then, for sure at 200%, you get the point. But each of those levels doesn’t sound too attractive when just 6-10 months later you would be up 400%. The best part is, this stock could easily double from here, and while buyers today would ounly double there money, we would be up 800% at that point. The point is to let your winners run, things go way higher and way lower than anybody could imagine, so cut your losses as well. Don’t settle for a double when you have a ten-bagger or more in your hands. And it just made new bull market highs, its going a lot higher is my bet, and there are many more like it, don’t miss the opportunity in miners, because the window on low-risk entries is closing.