This report just is an advertisment.
For nearly a decade now. . .
One best silver stock for 2011 has outperformed the Dow Jones by a factor of 122.
It's beaten the NASDAQ by 11,500%.
And it's crushed the S&P 500 at a rate of 180 to 1!
Put another way:
- A $3,000 investment in this silver play turned into $230,000
- A $17,000 venture paid over $1.3 million
Investors who poured into this best silver stock had one key piece of inside information.
They knew that a massive silver strike would give this unknown company the fifth-largest silver mine in the world. . .
A mine expected to produce 10.9 million ounces a year.
And that's exactly what it did.
Here's an exclusive look at how it all went down (and how it very nearly didn't). . .
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The current situation in the junior mining stock sector reminds me of times when I enjoyed surfing as a young man.
While there were moments of shear exhilaration as the waves would suddenly come alive, there were also moments of monotonous boredom, waiting for the next big set of waves to arrive. In the process, the number of surfers in the water would dramatically change with the circumstances.
The parallels between surfing and investing in junior mining stocks at the moment seem applicable. We are definitely in the boring, monotonous phase where many investors get tossed off this bull’s back.
It was always fun, however, to be in the water or near the beach (market) when the waves suddenly kicked back into gear. Many times those who waited patiently got the greatest reward and enjoyed the best surfing (market action) with the least amount of surfers (investors). As the crowd of surfers/investors who were not near the water (market) would get word that the surf was up and head for the beach, the best action had already passed.
For now, we are just bobbing up and down with the gently rolling swells and positioning ourselves for the next big wave. The wave action is very volatile and can change very quickly just as our commodity and junior resource top stocks 2010 have recently shown. But one thing is clear in my mind, the next big set of waves are on their way!
Bullish Outlook for Precious Metals and Junior Miners
The market is building a foundation for the next major wave higher in both the precious metals and junior mining stocks. Things may remain quiet with the junior sector for the balance of the summer, but I believe we are seeing the spot prices solidify because the fundamentals for this super bull market are not only alive and well but getting better by the week. Just look at the facts...
The U.S. dollar is in a major bear market, the US Government debt levels are completely unsustainable, and the geopolitical front looks tenuous at best.
On top of that, demand for gold is very strong. It’s being sought as a monetary asset, and as more central banks of the world add gold to their reserves. This trend will continue to grow.
Identifiable investment demand for gold was up almost 250% during the first quarter of this year, compared to the first quarter of 2008.
Meanwhile, gold supply is not increasing but looks very stagnant. Mining companies cut exploration and development budgets as a result of the global recession, which has now put them behind the supply/demand curve. And it always takes a long time to bring new supply to the market.
Overall, gold mine production was only up 3% in the first quarter of 2009 compared to the same period last year. And demand is expected to outstrip supply for at least another five years, probably longer. These factors will push gold up for years to come.
We continue to bob in the swells looking for value and exercise patience knowing that the next big wave for the precious metals and junior mining stocks will soon be on its way!
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