Dow 20000, Gold 1400, Oil 50, And Zinc Update
Oil 50: Check
Dow 20000: Almost check
Gold 1400: Perhaps in Q1 17
Zinc: Finally
The Dow model used to forecast the run has worked out brilliantly. As stated earlier, credit goes to the great work by Don Wolanchuk going back to 2000 on Silicon Investor. He is one of the worlds most decorated market timers, that no one seems to know about.
Wolanchuk was crowned "Market Timer of the Year" 19 times from 1989 to 2000, from the Timer Digest awards. He is still nailing it this week, last month, and last year, with me as a witness for almost 17 years:
He can be followed here for free:
http://www.siliconinvestor.com/subject.aspx?subjectid=52296
As you can see, Don has been slaying the bears for the last five years, when he called the bottom on October 4th, 2011:
http://www.siliconinvestor.com/readmsg.aspx?msgid=27680328
Gold 1400
I wrote this last month:
"Get ready for more October/November surprises and the volatility that comes with it.
Gold is most likely heading back to 1400 quicker with Trump than with Clinton. Either way, it's going there and higher for many reasons, even though many analysts are calling for a drop from today's prices."
Oops. We nailed the Brexit within $25 of Gold 1400, and missed it on November 8th. Let's see what next year brings us. Very few would now argue about the gradual disintegration of the EU. Its going to be nasty over the next year.
Norbert Hofer, far-right candidate, conceded defeat in Austria's presidential election Sunday Night. He may be an outlier. Meanwhile, Italy's No vote will be interpreted as another win for the populist movement. With Renzi out, this does not look good for Hollande and Merkel.
Zinc
After 5 attempts over as many years, Zinc finally had the breakout we were waiting for. Our focus was on $TV Trevali, and the rewards were substantial. In a little over a year, $TV ran from 0.245 to $1.41 (476% Gain) on November 24th, closing Friday at $1.35. Over $470 million exchanged hands in this 12 month run.
Talking Our Books
Total BergDex exposure was 82% over 29 stocks. The drop in gold caused many juniors to give up some of their gains in November. One stock that stood out was $XMG MGX Minerals. From a low of 0.14 on November 9th, XMG peaked at .54 on December 1st, closing the week at .40.
December will see further tax loss selling over the next couple of weeks, with few exceptions. The second half of the month will allow for some great buying opportunities, that will delight investors by mid January through March.
There were two new additions to the BergDex. $PAT Patriot One Technologies on November 14th at $1, and $NRL Natan Resources on November 27th at .21.
These are not just random picks. They have over 100 years experience between the three gentlemen, 11 discoveries, and 7 mines that went into production.
Year end will see the BergDex "cleaning out the dog house" on a couple of non-performers, with a few new stocks joining the list.
This is how the BergDex performed for the month, starting with his initial 3 Globe and Mail picks from March 4:
$LIX up 152%
$PGM 92%
$NGZ 389%
That's an average of 211% in 34 weeks public exposure to the entire Globe and Mail subscriber base that read Robert Hirschberg's interview.
Check out the realtime returns on Robert's other picks from his first tweet (plus 18 other public additions) on March 24th:
$BOL Up 20% $CAP 0% $EAM Up 90% $GSH 216% $NFR 169% $NX Down 33% $WML Up 392% WPQ 42%
Later Additions
* April 18: $XMG Up 264%
* April 29: $MAY Down 60% $IDM Up 4%
* May 05: $AVA Up 59% $CWM Up 75% $EMO Up 33%
* May 13: $ASE Up 100% $GPY 62% $SSV 79%
* May 25: $KNT Down 5%
* June 1: $QBA (KWC) Down 65%
* June 9: $AMU Down 22% $AWE Up 275% $TYE Down 67%
* July 4: $CBG Down 12%
* July 25 RJX.A UP 16%
* November 14: $PAT Up 54%
* November 27: $NRL Up 12%
March 24th stocks up average 112% over 8 picks
Recent additions are up 67% over 26 picks
Total BergDex public exposure is 82% average over 29 stocks
(Note: There is a very good chance that $QBA $CAP $NX and $TYE will be deleted from the BergDex at year-end)
$CRH Medical finally made it into the BeckDex 70, 1000% plus list. CRH peaked at $8.48 (Up 1200%) on November 25th, and closed the week at $7.41. From the time we started covering CRH in June 2015, the dollar volume amount was $983 Million.
https://mobile.twitter.com/peedeeheenee/status/614069964257931264
Well done Dr. Holler, Takeover King extraordinaire:
https://mobile.twitter.com/search?q=Holler+peedeeheenee+
$NGZ NRG Metals are one step closer to trading again after announcing a PP, and exercising warrants and options to raise just under $2 million. Strong management, and a great track record, dictates that this will be a top performer in the BergDex 29 in Q1 17.
The BeckDex 70 percentage gains at month end from 2014/15 Lows:
$LIX 511% SBB 246% $IDM 123% $NXE 800% $PTM 81% $SKE 27% $JEM 100% $HPL 100% $IDI 0% $NCA 241% (Was CCY) $MCC 0% $BOL 100% EAM 533% CAP 300% $CRH 1040% $GSH 362% $NFR 437% $NDR 214% $NGZ 900% $NX 43% $PGM 513% $WML 3910% $WPQ 240% $KES 400% $BAR 145% $DMA 100% $MAG 99% $WKM 214% $RLG 1750% $CXO 290% $RST 350% $BAY 219% $WLF 73% $LAG 237% $GGS 1500% $GPH 43% $NEV 150% $IN 114% $TV 451% $BTH 106% $GLH 46% $KRN 12% $PE 3450% $KOR 79% $SSP 273% $RMX 200% $XMG 400% $PRS 344% $MAY 0% AVA 600% $CWM 162% $EMO 300% $ASE 260% $GPY 522% $SSV 1033% $KNT 14% QBA 0% (Was KWC) $ABN 64% $AMU 80% $AWE 650% $TYE 50% $CT 2100% $CBG 133% $GFK 340% $RJX.A 190% $RCU 700% $KGL 127% $PAT 190% $NRL 370%
Over 1000% Exposure
* CRH 1040%
* CT 2100%
* GGS 1500%
* PE 3450%
* RLG 1750%
* SSV 1033%
* WML 3910%
Recent Reports
My Time with Leonard Cohen (November 14)
https://ceo.ca/@50yearbeckfan/closing-time-so-long-leonard
October Month End Report (October 31)
https://ceo.ca/@50yearbeckfan/dow-20000-gold-1400-update
September Month End Report (October 2)
https://ceo.ca/@50yearbeckfan/september-month-end-report
Labor Day Month End Report - Dow 20000 Gold 1400 Update (September 5)
https://ceo.ca/@50yearbeckfan/labor-day-month-end-report-dow-20000-gold-1400-update
10-bagger Hunt: July Month-End Review (August 1)
https://ceo.ca/@50yearbeckfan/10-bagger-hunt-july-month-end-review
The Great Bull Market of 2016 Update and a Portfolio Addition (July 4)
https://ceo.ca/@50yearbeckfan/the-great-bull-market-of-2016-and-a-portfolio-addition
How Elon found US (June 12)
https://ceo.ca/@50yearbeckfan/how-elon-found-us
Ten-Bagger Update: ZZ Top & Muhammad Ali (June06)
https://ceo.ca/@50YearBeckFan/ten-bagger-update-zz-top-muhammad-ali
The Tina Turner Ten-Bagger Tour (May 23)
https://ceo.ca/@50YearBeckFan/tina-turner
Phil Collins and the Inimitable Dr. 7-Eleven (May 8)
https://ceo.ca/@50yearbeckfan/phil-collins-and-the-inimitable-dr-7-eleven
10-bagger update: Billy Joel and a 9-cent porphyry (May 2) https://ceo.ca/@jameskwantes/10-bagger-update-billy-joel-and-a-9-cent-porphyry
The Boss and BeckFan: 10-bagger update (April 25) https://ceo.ca/@50yearbeckfan/the-boss-and-beckfan-10-bagger-update
"I'm with The Police" - TSXV 10-bagger update (April 18) https://ceo.ca/@50YearBeckFan/summer
Eric Clapton: Rock'n Stock Talk (April 11) https://ceo.ca/@50yearbeckfan/eric-clapton-rockn-stock-talk
On Jeff Beck, Elon Musk and the power of intention (April 4)
https://ceo.ca/@50yearbeckfan/on-jeff-beck-elon-musk-and-the-power-of-intention
Kenny Rogers and the immutable law of reciprocity (March 27) https://ceo.ca/@50YearBeckFan/kenny-rogers-and-the-immutable-law-of-reciprocity
From the Four Seasons to Expo 86, and the Birth of CEO.CA (March 20) https://ceo.ca/@50yearbeckfan/from-the-four-seasons-to-expo-86-and-the-birth-of-ceoca
1974 All Over Again (March 13) https://ceo.ca/@50YearBeckFan/1974-all-over-again
The Trickle Down Theory: Large Gains in Junior Miners and Micro-Caps (March 7) https://ceo.ca/@50yearbeckfan/the-trickle-down-theory-large-gains-in-junior-miners-and-micro-caps
Finally, an Acorn for Us Mining Bulls (Feb. 29) https://chat.ceo.ca/@50YearBeckFan/finally-an-acorn-for-us-mining-bulls
Why I Continue to Bet the Jockey in Canadian Micro-Caps (Feb. 21) https://ceo.ca/@50YearBeckFan/why-i-continue-to-bet-the-jockey-in-canadian-micro-caps
The Takeover Kings: $25 Billion to Shareholders and $22 Billion in Current Market Value (Jan. 12) https://chat.ceo.ca/@50YearBeckFan/the-takeover-kings-25-billion-to-shareholders-and-22-billion-in-current-market-value
Betting on the Jockeys: The Yorkton Lithium Express (Oct. 19) http://blog.ceo.ca/2015/10/19/betting-on-the-jockeys-the-yorkton-lithium-express/
This article discusses highly speculative penny stocks. Nothing in this article should be construed as investment or professional advice of any kind. From time to time, the author may transact in securities mentioned. All facts are to be verified by the reader and all readers to do their own due diligence before investing including talking to a licensed financial advisor.
