New Warrant on a Must Have Gold Company and More...

In this issue:

• New Warrant on a Gold Company

• Our Short Term Revision on the Markets

• Two Great Sources for Market Views

• Could This Time Be Different? Repeated from April 4th

• New York Hard Assets Investment Conference - May 9th & 10th

New Warrant on a Gold Company

We notified all of our Gold Subscribers on Thursday of a new warrant to begin trading on Friday.

The warrant is on a fairly new gold company will excellent experienced management and great Canadian properties. This has become the darling and go-to company by many analysts, but few, if any know about this warrant.

We would like to give you the name, but do not dare risk upsetting our current subscribers, so we encourage you get a subscription with us and get started as this is just one of many warrants that you need to know about.

Not a current subscriber - SIGN UP NOW

This warrant surprised even us with a large first day trading volume of close to 1 million warrants, thus bringing great liquidity. The warrant closed at C$1.45 on Friday and is still GREATLY Under Valued, in our opinion.

All of the details on this warrant are available in our warrant database including our leverage calculations so you can see how we approach the exciting and profitable opportunities for warrants.

The of the company will be the first name you see after logging into our Members section as the most recent warrant added.

Our Short-Term Revision on the Markets

As you probably know, we had been waving a caution flag since early in the year for gold, silver and the shares for the short-term. We actually did not incur much, if any, damage as the markets basically traded in a tight range and shares as measured by the HUI and the XAU did not keep pace with the metals.

However, we notified subscribers last Thursday morning that we had closed all of our hedges and were establishing or re-establishing some of our earlier positions.

What a great call as many subscribers have told us.

Gold and silver and the shares are currently moving higher and it looks like a lot more to come.

Two Great Sources for Market Views and Commentary

We would encourage all readers to bookmark the following two websites for great market views and commentary by some of the best in the business:
 

King World News

Financial Sense Newshour

The excellent interviews on both sites are by some of the biggest names in the business and are more geared to the Macro Views of the world and how this will affect our portfolios, gold and silver, etc.

New York Hard Assets Conference

We will be attending this conference on May 9 and May 10 in New York and presenting a 45 minute workshop. We encourage all subscribers and readers to put this on your radar screen of places to be. We look forward to seeing you there. For more info.

Could This Time Be Different?  (From April 4th)

Seemingly at times when markets perform for extended periods of time beyond the expectation of the masses, markets participants start proclaiming "this time is different".

Remember back in 1999 when the NASDAQ and the internet bubble was in full swing? Share prices were exploding based upon nothing more than investor excitement and bidding prices to the moon. The cry of "this time is different" was in the air, and air it was as eventually the markets broke. Investors lost billions of dollars and frankly had no one to blame but themselves.

Is it possible that "this time is different" could ever be appropriate and truly happen?

Are we now witnessing such an event?

Many analysts are looking for substantial declines in gold and silver, markets dear to most of our readers and subscribers. While another group of analysts continue to look for substantially higher prices.

Now let's be clear on our timing: virtually all analysts are bullish on the long term prospects for gold and silver and frankly we agree, the party has probably only begun.

The issue of discussion is for the short term (up to 3 months) and intermediate term

(3 - 6 months) for the price of gold and silver and shares.

Cycles, technical analysis, etc. have seemingly failed (to date) as the price of gold and silver (especially silver) have continued to climb and hit highs.

Considering the fundamentals and the big macro picture it is difficult, in our opinion, to build a case against rising gold and silver prices.

Central banks buying of gold, the world debt situation, nothing but fiat currencies, the growing middle east crisis and the list goes on and on.

How in the heck can gold (and silver) do anything but go up?

Which is our point, "could this time be different" and could gold and silver continue to climb without the benefit of a serious consolidation?

Perhaps -- if ever there was a time to believe "this time could be different", this could be it. But we don't want to bet the farm on continuing higher prices.

We have been cautious on gold and silver and shares since early in 2011 and while the metals have increased slightly and hit new highs on Thursday March 24th, most shares have not hit new highs as measured by the HUI (Gold Bugs Index) and the XAU (Gold and Silver Index). And with the exception of a few silver companies, share prices of most companies have not exceeded their 2010 year end prices.

Investors who listened to our early caution have not incurred any losses and if you sold and raised cash, you have not given up much (if any) in the way of gains. In other words, net, net, you have lightened up your portfolio while maintaining a core position in gold, silver and silver, and you now have a nice cash position.

Don't forget that Cash is a position and a very important position and allocation for your portfolio. The time will come to deploy this cash.... but not yet.

Each investor must be comfortable with their portfolio and willing to accept the risk and reward profile that they have created. Some investors are willing to accept more risk than others. While others are more conservative in their allocations.

Investors must be able to sleep at night without the concern over how the markets will open the next morning. Find the balance that is right for you. If you have too much exposure then take some money off the table. If you feel like you are under weighed then increase your investments. Simply, it is your portfolio and your money and you must be comfortable.

Our Gold Subscribers have unlimited access to our Warrant Database and also access to my personal portfolio and to our Insider Trading data with Buy and Sell recommendations. My personal portfolio now includes over 80 different positions.

...."Get yourself positioned to take advantage of this once in a lifetime ride."

If you are not a current subscriber SIGN UP NOW

For current subscribers we greatly appreciate your business and trust you are taking advantage of your subscription to our services.

    Dudley

Dudley Pierce Baker - Owner/Editor - Guadalajara/Ajijic, Mexico
Bruce Ross - Webmaster and Administrative Assistant - Phoenix, USA

Jeff Baker - Assistant Editor and Administrative Assistant, El Paso, USA

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