Market Alert sent on April 30th, 2013

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The opening paragraphs of today's Market Alert:

Generally, the comments that we made in last week's Premium Update and the following Market Alert are up-to-date today.

From both the USD and non-USD perspective gold has corrected 50% (or slightly more) of it's April decline and moved lower on Friday once again. The GDX:GLD ratio moved back down on Friday, basically canceling the previous sharp upswing. Other charts/ratios that we cover remain largely unchanged as well.

On Friday we wrote the following:

There is one more important resistance level that was just reached in case of gold. On the long-term gold chart that we've been featuring in our updates, you can see two rising red support lines. Actually, only the lower one is still support - the upper one (based on weekly closing prices) is resistance and it is the latter that was hit yesterday. Assuming that long-term trendlines based on weekly closing prices are important (they are in our view), we can view the current move higher so far as a verification of the breakdown below this level. A continuation of the rally would mean a come-back, but for now we don't see it.

We had seen a temporary move above this important line, but gold declined on Friday and closed more or less at it - without a real breakout.

The following part of the alert includes detailed price targets for gold and silver prices and precise trading plan for the coming days.

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Market Alert sent on April 26th, 2013

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Goldman Sachs has covered its gold short this week. Asians are buying gold so fast that Hong Kong's banks, jewelers and gold exchange are having a hard time to meet demand.

When this correction is done and the bull market takes off again, we want to make sure that you – our subscribers – and ourselves are among those that are invested. Is it time to be already back in the market? In today's Premium Update we look at:

• The outlook for the general stock market, with prices above previous highs
• Low volume levels on Wednesday when gold rallied
• Analogy between current situation and late 2011
• Thursday's early-trading rally
• Silver's underperformance
• Mining stocks in a major and accelerating downtrend (except for Wednesday's rally)
• Top junior miners ranking (our top picks from last rankings outperformed GDXJ by 10%!)

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Market Alert sent on April 24th, 2013

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