Get Ready for Gold and Silver Stocks to Soar

Gold is approaching a triple-buy signal. Many signs are pointing to surprising strength that could lead to some big returns in the coming year. The upswing in gold stocks, even when gold was down recently, is a sign of strength in preparation for a large rally.

Today I saw one of my favorite silver picks, Endeavor Silver (EXK), up almost 7% while silver was up less than 1%. Sterling Silver (SRLM.ob) has been up about 10% each of the last three days. Silver Wheaton (SLW) is kicking into gear again. Silver stocks are leaving the station at high speed. Expect to see gold stocks doing the same shortly. 

For gold, I recommend Yamana Gold (AUY), Northgate Minerals (NXG - gold and copper), Meridian Gold (MDG), and Minera Andes (MNEAF.ob). I've got some GoldCorp, but have been unimpressed with the performance of that stock and don't think it will see the same gains as my smaller companies. 

Uranium remains red hot: be sure you've got some leading Athabascan Basin companies like Denison Mines, JNR Resources, and Consolidated Abaddon. These are Canadian stocks, but you can get US versions on the pinksheets - but be sure to use limit orders to buy some. It's a crazy place, the pinksheets. But a few thousand dollars in the Athabascan Basis can do your future portfolio a world of good.

For tracking junior silver, gold, uranium, and energy stocks, I recommend Casey Research's newsletter services. I've been very pleased and have made some good money with the knowledge they provide. The Energy Speculator and the International Speculator are extremely well researched and valuable publications, and relatively inexpensive. But do your homework!

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