Before we move to today’s big announcement, here’s a quick comment on the current market situation:
Gold, silver and mining stocks paused today, which is something that is commonly seen after significant upswings and yesterday’s rally in the sector was quite significant. Prices are where they were yesterday and everything that we wrote yesterday is up-to-date today. This is even the case with our indicators – we mentioned that the SP Extreme #2 Indicator had flashed a buy signals and the same was actually the case based on yesterday’s closing prices – SP Extreme #1 Indicator also flashed a buy signal. The only new implication here is that the rally in gold and mining stocks is likely to be in place for at least 2 more weeks, starting today. The previous buy signal for silver is also in place.
Summing up, we continue to believe that being long gold, silver and mining stocks from both: speculative and investment point of view, is a good idea.
Moving on to today’s big announcement - we have granted you access to our new investment tool, which is, to our knowledge, the most comprehensive on the Internet.
It enables you to quickly find your top picks for ETFs and ETNs. You'll find it here:
Here's what you'll love about it:
We scored individual investment vehicles according to their usefulness for long-term and short-term trades & we included all other characteristics that matter when it comes to finding a ETF or ETN that fits you best:
- Leverage,
- Exchange on which the ETF / ETN is traded,
- Links to other ETF / ETN funds,
- Closeness to the real metal,
- Fund's owner's reputation,
- Launch date,
- Tracking error,
- Costs,
- Ease of investing,
- Description of each ETF / ETN,
- Our comments on each of the ETNs / ETFs
You have received this tool 2 months before it will go public. Enjoy:
At Sunshine Profits, we'll keep creating investment tools that help you grow your portfolio by making the analysis of the world's precious metals information fit your preferences toward risk, investment horizon and exposure to a particular part of the market.
Thank you.
Sincerely,
Przemyslaw Radomski, CFA