Fwd: How to Play the Gold Rally

---------- Forwarded message ----------
From: Rude Awakening <rude@agorafinancial.com>
Date: Thu, Aug 14, 2014 at 6:56 AM
Subject: How to Play the Gold Rally
To: iammejtm@gmail.com

Buying pressure lifts gold August 14, 2014     How to Play the Gold Rally   Buying pressure lifts gold The best miners on the market Plus: The market that just won't go down...   Greg Guenthner coming to you from Baltimore, MD... Greg Guenthner Gold is showing signs of new life. Of course, everyone wants to know why. Is it the conflict in Israel? What about that Putin guy? One news outlet was even bold enough to blame gold's recent rise on disappointing retail sales. Has this correlation ever worked before? I doubt it. Maybe--just maybe--we have some buying pressure pushing prices higher. "If you read the investment news chatter, a lot of folks are attributing gold's latest jump to a 'fear' trade. The markets are falling so investors ditch their shares and head to the safety of precious metals, they say," explains our resource guru Matt Insley. "But from my perch there's been a lot of pressure building for gold prices over the past nine months - something that you can see clearly in the price history. It appears that we're finally at a point where gold prices and miners could make a breakout move." It has been an interesting year for the yellow metal. After a red-hot start to the year, gold trended lower for nearly three months. Now, it looks like it's trying to hammer out a higher low near $1,300. Now it's time for the million-dollar question... How can you play gold right now? To get the most bang for your buck, I recommend trading gold miners. Why? Because the market has decimated this sector. Gold miners have been dropping since late 2011. And now that they're beginning to bottom out, you have the opportunity to catch some potentially powerful snap-back moves... I told you last week that the miners have been quite the volatile snap-back play this year. After sprinting ahead of the pack during the first quarter, gold mining stocks almost gave it all back before once again jumping out in front of the market back in June. Today, this group of stocks is on the edge of a breakout. To help you get started on the road to mining profits, Matt has two gold miner picks for you to consider: IAMGOLD Corp (NYSE: IAG) and NovaGold (NYSE: NG). "IAMGOLD is a producing miner - so there are ounces coming out of the ground," Matt explains. "At $1,200 gold, IAG is a marginal producer (meaning IAG isn't very profitable under $1,200 gold.) But if gold heads higher, to say $1,400, then this marginal producer will start spinning cash. That's great news for shareholders... "NovaGold, on the other hand, does NOT produce a single ounce of gold, however. Instead it's a development project with what is widely known as one of the world's richest undeveloped gold deposits - holding some 39 million ounces. NovaGold isn't going at this project alone, though. Barrick Gold, the world's largest gold miner, owns a 50% interest in this project. "That's what makes this play such a wild card. Although this mining project has been put on the backburner by Barrick, any tick higher in gold prices could spur an announcement to speed-up development. If that happens the stock could rise 50-100% in a day." If this fresh momentum holds, these two miners could really get going...         New Law Passed Acknowledging Legitimacy of "Underground Banking"   Just recently, California passed a law making a controversial new banking system legal within the state.   This new banking system is already exploding across the globe. It even has its own ATMs up in cities all over the U.S.   The best part of this type of "bank account": You can actually make money with it.   In fact, a simple deposit of $100 back when the system started in 2009 would have exploded into more than $3.5 million by November of last year.   Click here now to find out how this new account could change banking forever.           Rude Numbers Targets, Predictions and Wild Guesses   $9,480 is the median down payment for the cheapest 25% of properties sold in the U.S. in 2013, according to Bloomberg. In 2007, this number was $6,037. $4.90 per share is how much WalMart expects to earn this year. The company lowered guidance this morning... $97 buys a barrel of crude today. Oil is stuck in neutral after yesterday's big drop... $1,314 marks the spot for gold futures. The yellow metal is clinging to its gains from earlier this week. Gold is flat on day (so far)... 1,945 is where you'll find S&P futures this morning. Stocks are looking at yet another positive open today...     Rude Trends When to Buy... When to Sell   "The bounce in the S&P 500 looks textbook so far - the big indexes are adding on some extra points as I write this afternoon, as earnings season comes to a close," my trading buddy Jonas Elmerraji wrote yesterday. "Mr. Market is following the technical cues that we were looking for. No surprises here, at least not yet." As the bearish headlines continue to pile up, the market just won't listen. Stocks are once again set to open in the green today, divergences be damned! There's no sense in fighting the tape. You can't wish stocks higher or lower. Your only weapon is your ability to react to changing circumstances. Those who refuse to adapt will pay the price... [Ed. Note: Send your feedback here: rude@agorafinancial.com - and follow me on Twitter: @GregGuenthner]     Ignore At Your Own Peril Today's Must Read Links   More gas than NINE members of OPEC combined? [must see] What happens when the whole Internet crashes? [urgent] Prediction: Largest Economic Opportunity of the 21st Century     BE SURE TO ADD dr@dailyreckoning.com to your address book.       Additional Articles & Commentary: Join the conversation! Follow us on social media:         The Rude Awakening is committed to protecting and respecting your privacy. We do not rent or share your email address. By submitting your email address, you consent to Agora Financial delivering daily email issues and advertisements. To end your Rude Awakening e-mail subscription and associated external offers sent from The Rude Awakening, click here. Please read our Privacy Statement. For any further comments or concerns please email us at rude@agorafinancial.com. If you are you having trouble receiving your Rude Awakening subscription, you can ensure its arrival in your mailbox by whitelisting The Rude Awakening. © 2014 Agora Financial, LLC. 808 Saint Paul Street, Baltimore MD 21202. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized investment advice. We expressly forbid our writers from having a financial interest in any security they personally recommend to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of a printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company.

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Jeremy Tobias Matthews