Time To Take 45% Profits On Newcrest As The Australian Dollar Falls

By Dan AmossPosted August 5, 2019

With the recent jump in gold prices along with a decline in the Australian dollar, Newcrest’s share price has benefited greatly. We have already hit our target price that Byron King expected by the end of 2019, so let’s take 45% gains on this position now.

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Jim Rickards’ Strategic Intelligence

Dan Amoss

Dan Amoss, CFA, tracks aggressive accounting and other red flags that markets miss. He’s a student of the Austrian School of economics and Daily Reckoning fan since 2000. Agora Financial relies on Dan for macro market commentary as well as profitable plays like his 2008 call to readers to buy Lehman Bros. puts, which...

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Time to Take a 29% Gain on the TLT Treasury Bond ETF

By Dan AmossPosted April 6, 2020

The combination of excessive debt, slowing growth and central bank action due to the coronavirus has pushed TLT much higher in recent months as investors fled from stocks and corporate bonds. But with the likelihood of higher yields now for newly issued Treasury bonds, this would push shares of TLT lower. So, let’s take gains today.

Cut Losses on Our Russia ETF Trade

By Dan AmossPosted August 13, 2018

The relationship between Russia and the U.S. is complicated. At times, it’s improved, and at times it’s worsened. Each time news of new sanctions on Russia arrives, this ETF takes a hit. It happened in April 2018, and it’s happening again here in August. So it’s time to cut our losses…

Let’s Take 41% Profits On Kirkland As It Outperforms The Market

By Dan AmossPosted June 28, 2019

With gold’s recent rally, Kirkland continues to outperform the market with industry-leading operating costs and positive cash flow. Unless the Fed is as dovish as the market expects next month, a correction in gold is likely. So, let’s take 41% gains in this position.

Let’s Take Gains on Two Long-Term Positions

By Dan AmossPosted October 14, 2019

We have two plays that have seen substantial growth this year despite a few downturns in the market and its time to capitalize on these positions for a combined 80% gain.

Sell Alert: Four Positions To Sell

By Dan AmossPosted October 29, 2021

With expectations of the Fed tapering its QE programs, fragile areas of the stock market could be exposed. Weakness in the most fragile stocks would push indexes lower, which could in turn drive outflows from index funds. So, we recommend selling four positions in the portfolio that are vulnerable to broad market weakness.

Take a 61% Gain on the Sprott Gold Miners ETF

By Dan AmossPosted October 12, 2020

Although we prefer having exposure to gold positions through individual stock recommendations, SGDM’s portfolio of high quality gold stocks has had a nice run in recent months. So, now is a good time to take profits.