Augusta Gold (G.TO)

Thinks their outlook is very positive. They have been having some issues with several of their mines. He likes this one very much.

Likes gold. The only problem with gold stocks is that they don’t often move with the actual commodity. They are usually a jump ahead or behind. Sees no reason to sell anything that has a gold relation to it. This one needs to get back up and through the $23-$24 range. He can see an easy 10% run from here. (See Top Picks.)

Sell: Goldcorp Oct 24 calls at $2.80.

Sell: Goldcorp Oct 24 puts at $2.80.

This had an interesting price today closing at $24. Basically in October you are going to Sell the stock or Buy more. If you buy more, your average cost is going to be around $21. If you believe the thesis that the gold market is experiencing a sector rotation into that space, then very likely it will regress to the mean. If the stock stays the same or goes up, you are going to make $5.60, which is a very good return for 5 months.

The US has the biggest gold reserves over even China. $12.32 model price, a negative 44% to market price. They need more time here. We will see if this gold move is for real later this year.

(Top Pick Jul 31/15, Up 22.50%) It has been a long time coming. Gold is showing new life. This one benefited. Where do you go with your money during negative interest rates. Not a bad time to own a gold stock.

He was quite bearish for a couple of years on gold. Feels the tide is starting to come in for the gold sector. He started putting on positions at the beginning of this year. There are lots of opportunities for those companies that are in a position to make acquisitions. Thinks this is one of those companies. He likes the sector and thinks there could be some legs to this rally. (See Top Picks.)

Just reported and their quarterly numbers were pretty ghastly. Hasn’t owned gold companies for a while. If he wanted a small gold position, it would probably be with Franco-Nevada (FNV-T).

He owns no gold at the moment. He uses it as an inflation hedge. People are going to gold as a fear trade. It has nothing to do with inflation. If he owned a gold company, this would be one of the top choices.

It must be a buy. He likes to buy gold companies on day one, but not day five. You could buy it now and hold it. You missed the first 30%.

When it is time to be buy gold, this is one of your good go to, good quality names, that he would start looking at very closely. Not sure this is the time for gold to shine.

Because of its disappointments in 2015, the new CEO is given an opportunity to come in to right the ship and reduce expectations. He thinks they are lined up for a good year.

Had a bit of an uptick in the last few days, but the longer term trend is clearly lower. Has been wondering why there hasn’t been a bigger uptick in some of these stocks with all the geopolitical risks that we have seen recently. Right now, you don’t want to be pursuing these things.

(A Top Pick Dec 2/14. Down 29.47%.) When he looks at the gold patch, this one is the premier player. They have done very, very well in adding mines. The world’s leader in the industry. Doesn’t see anything materially wrong with the company.

One of the best gold stocks out there. Chart shows that there is a little base being built. Has a lot of history at the $16 level. The 1^st point of resistance would be at around $21. This would be a pretty good stock for a trade. Pretty volatile. Feels gold stocks offer pretty good risk/reward here.

Roughly every 33-35 years, gold hits a peak and it hits a trough, roughly the same time frame. Gold is in a bit of a death spiral. It has been oversold like crazy and sentiment is very bearish. It could have a short 5%-10% upswing. The chart on this company shows the highs and lows are both going lower. Investors should not buy into this kind of trend.