7:50PM I am far from perfect and I am wrong about many things all of the time but I think overall there is nobody who has been more right than me over the past few years!
Gold hit a new all time high on Friday of $1,263.70 per ounce! Silver was up $0.40 on Friday to $19.175 per ounce!
On February 5th of 2010 I told you to LOAD UP on SLV January 2011 $20 calls at $0.80 and they finished Friday at $1.54!
I started telling you in mid-2005 that we had a housing bubble. I told you on countless occasions beginning in mid-2005 to sell your Real Estate and buy gold around $450 per ounce. My first ever speculative rating of 1 gold pick was Metallica Resources Inc (MRB) on January 13th 2006 at $2.22 and it was later acquired by New Gold and hit a high of $8.34 for a gain of 276%.
On May 20th 2008, I told you to put 75% of your portfolio into DGP, the double-long gold ETN. DGP was $22.64 at the time and it closed Friday at $34.30! The Dow Jones was 12,828 at the time and is now down to 10,450. Those who listened to me in May of 2008 are up 52% on DGP while those who invested in Dow Jones stocks lost 19%!
This means somebody who listened to me and put $250,000 into DGP on May 20th 2008 would have $380,000 today while those who put $250,000 into Dow Jones stocks would have only $202,500 today.
Those who didn't listen to me and bought Dow Jones stocks in May of 2008, would need to see a future return on their portfolio of 88% just to catch up with those who listened to me and bought DGP!
Fannie Mae and Freddie Mac were both delisted from the NYSE last week. I said on August 7th, 2006, "Right now I believe Fannie Mae (FNM) and Freddie Mac (FRE) are great shorts/put options plays and they will crash within the next year. I will discuss them more in the future."
That's right, I started calling for the demise of Fannie/Freddie in 2006 and in early 2008 I suggested put options in both of them that gained at their highs by hundreds of percent!
On January 1st 2009 I sent an alert entitled "Most Important Lebed.biz Alert I Ever Wrote".
DGP was $18.09 at the time and I said in this alert, "I strongly believe it (DGP) should be the largest position in your portfolio." DGP is now up 90% since this alert!
I also predicted huge gains in silver stocks and said that my favorite pure silver play was Silver Wheaton (SLW) at $6.49. SLW closed Friday at $21 up 224% since this alert!
I also said that as a speculative silver play you should consider Silver Falcon Mining (SFMI) at $0.06. SFMI hit a high this year of $0.47 up 683% since this alert!
Plus I said that my favorite small-cap agriculture play was Gulf Resources (GFRE) at $0.30. GFRE later did a 1 for 5 reverse split making my split adjusted pick price $1.50. Then it moved from the OTC BB to the NASDAQ and went on to hit a high of $14.94 up 896% since this alert!
The other two stocks I mentioned in this alert were DROOY, which gained by as much as 90% afterwards and POT, which gained by as much as 75% afterwards!
The main thing I was wrong about is gold isn't $2,000 yet and DGP isn't between $50 and $100 yet, but I am sure they will be soon!
Here is my January 1st, 2009 alert:
***Most Important Lebed.biz Alert I Ever Wrote***
Thu, Jan 1, 2009 2:24 pm
Happy New Year! 2009 will be our BIGGEST year ever because of Gold, Silver and Agriculture! God has blessed us with the knowledge that the biggest boom of our lifetimes is coming in 2009 and we have the opportunity to buy these Gold, Silver and Agriculture stocks before everybody else!
There is no doubt in my mind, those who weren't blessed with the same knowledge as us... will see the purchasing power of their U.S. Dollars get wiped out in 2009. Our country's 37 year old experiment of a fiat currency that is unbacked by Gold is coming to an end.
The U.S. has abused its status of having the world's reserve currency for far too long. We are on an unavoidable path towards hyperinflation. At this point, nothing can be done to prevent the Dollar from collapsing.
Gold in 2008 outperformed just about every other type of asset. Gold finished the year up 5% while the DOW was down 34%, oil was down 59%... and almost all world stock markets and other commodities were down big!
If it wasn't for the forced liquidations after Lehman collapsed that forced hedge funds that were leveraged up 20 to 1 to sell all their assets... Gold would already be $2,000 per oz right now.
All of the hedge funds that speculated on Gold and bought it on huge leverage in early 2008 are now gone. The artificial pressure from deleveraging that held Gold down is now a thing of the past! There will be nothing to prevent Gold from going to $2,000 per oz in 2009!
I believe the only speculators still in Gold right now are short sellers... and we are about to see them get killed in January. Once Gold breaks $1,000 per oz again, I believe we will start to see a run on the Dollar and a huge rush into Gold.
Would you want to own a stock with a CEO that was diluting shareholders each day by issuing billions of new shares? Of course not, because the stock would go to subpenny. Why would anybody want to own Dollars when the Federal Reserve is about to print trillions of them in 2009 to bailout every bank in America and fund stimulus plans that will add no production to our economy?
Believe me, the current talk in the media of deflation is the biggest bunch of BS I ever heard. It is impossible for there to be deflation when the money supply is about to expand faster than it ever has in history.
The forced liquidations in commodities and the bursting Real Estate bubble along with retail stores going out of business... have created temporary market forces that give the illusion of deflation. This has tricked Bernanke into believing he could lower interest rates down to 0% with no consequences.
In order for our economy to ever rebound... Americans need to stop spending and start saving money. The government is doing everything possible to try and encourage more consumer spending... when consumer spending does not create a strong economy, production does!
Americans don't need to buy a new iPod, plasma TV, and cell phone every year. We are perfectly fine with what we already own. Our savings rate is now 0%, we need it to rise to 10% so that we can invest our own money into building factories that produce solar panels, wind turbines, fuel efficient automobiles,.. and other products that we can export to the rest of the world!
Obama is completely clueless... we can't jump-start an economy that is phony. All Obama is going to do with these stimulus plans and bailouts is create massive amounts of inflation and jump-start Gold!
I know so many people that were multimillionaires in 1999 and lost everything when the dot-com bubble burst. The only reason we didn't have a steep recession is because Greenspan created a new bubble, the Real Estate bubble.
Those who sold their dot-com stocks in 1999 and bought Real Estate did quite well. Those who listened to me in 2005 and sold their Real Estate and put their money into Gold are doing quite well right now! I predicted at $400 per oz Gold that it would go to $1,000 and I was right... but we were very early to the party in 2005. The real party is about to get started in 2009!
Unfortunately, the boom we are about to see in Gold will not be enough to prevent our economy from collapsing... because our country doesn't produce much Gold. It is up to you as an individual to save yourself and load up with physical Gold, Gold ETF's/ETN's, and Gold stocks right now.
If you don't listen to me now... you will be buying Gold stocks eventually when your neighbors are doing it... but at that point many of them will be 1,000% higher than where they are now.
Right now, the message I am spreading to you... is being spread by only a handful of others. Meanwhile, there are millions of people who think it is necessary to bailout Ford and GM. Americans have been brainwashed by the mainstream media... but eventually my message will get out there and become the mainstream view.
I love our country very much... but considering that 98.6% of American voters chose one of two Presidential candidates that both supported the bailouts... it really shows you just how stupid the average American is. It's not their fault... most of them are honest hardworking people, they just don't know where to turn for advice.
I am not an investment advisor, but those of you who have been members of Lebed.biz since 2003 know that I have discovered more huge winners than just about anybody else and my views on the economy have always been consistent. I never flip-flop like Jim Cramer and others who the media put on a pedestal.
If millions of people knew about Lebed.biz, the world would be a much better place... but I prefer keeping our membership base small and exclusive. If everybody knew what we know about the market and the economy, we wouldn't have an opportunity to profit off of everybody else's stupid mistakes.
I love each and every one of you... and I appreciate all of your support. I know a lot of people were stressed when DGP fell to below $12, but hopefully you averaged down. I told you it was a once in a lifetime buying opportunity and a gift from heaven and I was right. DGP is back to $18.09 and I strongly believe it should be the largest position in your portfolio.
DGP is an ETN that tracks Gold and is leveraged two-to-one. Meaning, it is designed to make double the gains of Gold. I predict we finish 2009 with DGP trading between $50 and $100 per share. If the two-to-one leverage is too risky for you, then I suggest the regular Gold ETF, GLD.
There is also some counterparty risk with DGP since Deutsche Bank runs it, but I don't think there is a chance in hell of Deutsche Bank failing. Remember, I predicted the collapse of Lehman in March when everybody said they were strong. I know a thing or two about the financial strength of banks.
When it comes to individual Gold stocks... my favorite Gold stock for 2009 is DRDGOLD (DROOY). DROOY is a profitable, producing Gold company in South Africa that has been in business since 1895. Looking back a year from now, it will be mind-boggling to think that this stock finished 2008 at just $5.57. In 1979-1981 it made a run from $15 up to over $500! Another huge run like this is possible during the next few years!
For those of you who are gamblers... I believe Silver Falcon Mining (SFMI), currently $0.06, could become one of our biggest winners in 2009. This is a pink sheet stock that is not currently a fully reporting company. This creates a lot of risk, but with risk comes the potential for huge profits. SFMI could literally be sitting on a mountain full of Gold! They now have rights to properties on War Eagle Mountain in Idaho that have previously produced $370 million worth of Gold at today's prices.
Best of all, 202,000 tons of waste reserves have been left behind on the mountain and SFMI has already transferred large amounts of it to their new mill in Melba, ID, which is getting ready to open any day now! I am making plans to visit SFMI later in January to see everything first hand! My gut feeling is SFMI could make an absolutely huge move in the upcoming weeks. Just don't invest what you can't afford to lose!
I believe Silver, the metal itself, has a chance of making even larger gains than Gold in 2009. SIlver right now is not receiving any monetary premium like Gold, but it will very soon. When Gold reaches $2,000 per oz this year, it will be expensive for Americans to purchase a significant amount of Gold for their Dollars. If for $2,000 you can purchase one Gold coin or 100 Silver coins, many Americans will go with Silver because it physically looks like they are getting a lot more for their Dollars.
As of right now, my favorite pure Silver play is Silver Wheaton (SLW), currently $6.49. It has a P/E of just 16.81 and they expect to produce 19 million ounces of Silver in 2009. The stock is way down from its 52-week high of $19.54 and I believe it could head back there by the summer.
2009 will also be a huge year for agriculture stocks. Everybody who went to college for the past decade went to get a job on Wall Street, and nobody wanted to become a farmer. Most farmers are old and there is a major shortage of them.
As the Dollar loses its value... agriculture will likely be the only thing that keeps pace with Gold and Silver. Everybody needs to eat and not only is there a lack of farmers, but there is a lack of financing available to open a farm, and climate change has made farming more difficult.
Potash (POT), which finished 2008 at $73.22, is my favorite large-cap agriculture play. They are the largest fertilizer company in the world with insane profit margins. It is trading with a trailing P/E of 7.64 and a forward P/E of only 5.42. Time is running out to buy POT below $100, in my opinion.
For a small-cap agriculture play, I love Gulf Resources (GFRE). At $0.30 it has a P/E of only 1.59. They are one of the largest producers of Bromine in China. Bromine is a chemical that is very important for agriculture and POT has been investing heavily into Israel Chemicals, the world's largest producer of Bromine. This tells me GFRE is in the perfect place at the right time. GFRE sells all their Bromine domestically and is completely isolated from the problems in our country.
Please spread our message to those you care dearly about. Together we can make a difference.
(My firm Lebed Biz LLC was compensated by a third-party (Monmouth Consulting) $10,000 cash for SFMI investor relations services. We expected to be compensated by SFMI 900,000 restricted shares, but we never received these shares.)
6.18.10 Congratulations on BSIC up 29%!
8:15PM My latest stock-to-watch Earthstone Energy Inc (BSIC) has been breaking out big the past couple of days! BSIC closed today at $1.35 up 29% since I announced it as my speculative rating of 2 pick on May 3rd at $1.05! Congratulations to everybody!
I am currently researching hundreds of companies and I hope to have a new huge stock-to-watch for you soon!
6.7.10 Silver up 4.2% today! Unbelievable!
12:45PM After my alert last night discussing why I believe "Silver Mania" is almost here based on the fundamentals of silver, we are seeing an explosion today in silver prices! Silver is up 4.2% today to $18.14 per ounce!
In my opinion, never in our lives will we come across a bigger investment opportunity than silver! I am currently researching many silver companies and hope to have some new huge silver picks later this summer!
6.6.10 Silver Mania is Almost Here!
11:35PM A lot of people are looking at the price of silver (still below $18 per ounce) and they are depressed that we aren't yet seeing "Silver Mania", which I have been predicting for years. Don't be discouraged, I am more confident than ever that "Silver Mania" is coming soon and it will be the biggest boom in world history!
It was just announced that the U.S. Mint sold 3,636,500 silver American Eagles in the month of May, the most sold in a single month since the coin debuted in 1986. The U.S. Mint is now selling 43,638,000 silver American Eagles on an annualized basis, which is more than the total U.S. production of silver from all of our country's mines combined!
Now, here is another interesting way to look at it. The U.S. Mint also sold 190,000 gold American Eagles last month, a record for the past 10 years. The U.S. Mint is now selling 2,280,000 gold American Eagles on an annualized basis.
With silver at $17.41 per ounce and gold at $1,220 per ounce, the dollar value of the mint's current annualized American Eagle sales is $759.7 million for silver and $2.78 billion for gold. So in other words, U.S. investment demand for gold is currently 3.66 times higher than silver.
The world's total silver bullion inventories available above ground today are only 1 billion ounces, compared to 2 billion ounces of gold. This means there is $17.4 billion worth of silver bullion inventories in existence, compared to $2.44 trillion worth of gold bullion inventories.
The total value of the world's gold inventories are worth 140 times more than the world's silver inventories, when U.S. investment demand for gold is only 3.66 times higher than silver!
Total world production of silver is currently around 850 million ounces annually and 750 million ounces get consumed for industrial purposes! This leaves only 100 million ounces of silver available for investment demand each year, worth a pathetic $1.7 billion. Compare this to the $1.6 TRILLION the U.S. Treasury will borrow this fiscal year!
The bottom line is, nobody understands just how tight the world's silver market is and with the U.S. dollar rapidly being debased, investment demand for silver is about to explode. Silver has all of the same monetary qualities as gold. In fact, silver is actually a much better currency than gold because it can be used to barter for small items.
In my opinion, never in our lives will we come across a bigger investment opportunity than silver! I am currently researching many silver companies and hope to have some new huge silver picks later this summer!
5.13.10 Must See Documentary
6:45PM A new documentary just came out this evening called Meltup, which proves beyond a shadow of a doubt that hyperinflation is coming to the U.S. This is quite possibly the best documentary you will ever see.
I strongly recommend watching Meltup right away and telling everybody you know about it: click here.
5.12.10 Our SLV calls hit $2.04! Unbelievable!
1:45PM Our January 2011 $20 SLV calls just hit $2.04 up 155% since my February 5th alert when I said, "It may be time to literally LOAD UP on SLV calls big... mainly the longer term ones like the January 2011 $20 calls, currently $0.80."
5.11.10 It's crazy how right I was!
6:00PM On February 5th, silver prices were slammed down to below $15 per ounce and I sent an alert saying it was nothing more than manipulation by JP Morgan and to LOAD UP on January 2011 $20 SLV calls at $0.80! Those SLV calls closed today at $1.85, up 131% since sending my alert!
5.3.10 New Stock to Watch Just Posted!
4:10PM Earthstone Energy Inc (BSIC), which I announced this morning as my new stock-to-watch with a speculative rating of 2, my second highest level of confidence, was up 36% today to close at its high of $1.41 on huge volume of 324,407!
What a strong start for BSIC! Our success is unbelievable!
9:30AM I just posted BSIC as my new stock-to-watch with a speculative rating of 2, my second highest level of confidence!
5.1.10 New Stock-to-Watch Monday!
2:20PM I will be announcing a new stock-to-watch Monday morning!
My last stock-to-watch Rediff.com India Ltd (REDF), hit a high on April 20th of $3.42 up 49% since I announced it as my speculative rating of 2 pick on March 31st at $2.29!
Be ready Monday morning for my major announcement!
4.20.10 REDF hits $3.42 up 49%! Congratulations!
4:15PM My latest stock-to-watch, Rediff.com India Ltd (REDF), hit a high today of $3.42 up 49% since I announced it as my speculative rating of 2 pick on March 31st at $2.29! Congratulations to everybody!
4.12.10 Our WEL being acquired by HAL!
10:45AM It was just announced that Halliburton (HAL) is acquiring our Boots & Coots (WEL) in a stock and cash deal worth about $240 million!
WEL just hit $2.98 up 89% since I announced it as my stock-to-watch with a speculative rating of 2, my second highest level of confidence, on October 17th, 2007 at $1.58!
For comparison, the Dow Jones is down 21% since October 17th, 2007!
4.8.10 Our USEG 9th biggest gainer today!
5:10PM US Energy Corp (USEG) was the 9th biggest percentage gainer on the NASDAQ today gaining 15% to $7.06! USEG is now up 21% since I announced it as my latest oil and gas stock-to-watch on February 28th at $5.84! Congratulations!
4.1.10 REDF up 24% in two days! Unbelievable!
4:30PM Rediff.com India Ltd (REDF) closed today up another 8% to $2.83 and is now up 24% since I announced it as my latest stock-to-watch yesterday morning at $2.29! I believe REDF is just getting started!
12:00AM Rediff.com India Ltd (REDF) is a steal here at its current price of $2.61, in my opinion! I believe we will look back at REDF later this year as having been one of the biggest no-brainers in history!
India is now my favorite emerging market besides China. In fact, I am starting to like India even more than China because India's central bank recently purchased 200 metric tons of gold from the IMF.
REDF's market cap is only $76.3 million when the company has $48 million in cash and no debt! This means REDF's actual business minus their cash position is being valued at only $28.3 million when it has 85 million registered users and $18.37 million in trailing twelve month revenues! According to Alexa, REDF is now the 8th most popular site in all of India, ahead of Wikipedia and Twitter!
China's leading pure Internet play BIDU now has a market cap of $20.75 BILLION and is trading for over 30 times sales. It wouldn't surprise me to see REDF start to play catch up to BIDU soon! REDF was as high as $27.50 in 2007 and there has been almost no dilution since then. Quite simply, REDF could have astronomical upside potential from its current levels!
I believe Wall Street will soon go crazy over REDF! This stock has been all but forgotten about, but I believe it is an absolute steal at these levels and it is only a matter of time before the investment community begins to take notice once again!
Don't doubt me about REDF! I am not saying for you to buy it, all I am telling you to do is research it immediately and follow the stock closely! I am confident you will be thanking me soon!
3.31.10 New Stock to Watch Just Posted!
11:25AM I hope you are researching my new stock-to-watch Rediff.com India Ltd (REDF)!
According to Alexa, REDF's web site is the 8th most popular in all of India, behind only Google, sites owned by Google, Yahoo! and Facebook! REDF is more popular in India than Wikipedia and Twitter!
India has a population of over 1.1 billion people! Chinese Internet plays like BIDU, SOHU and SINA are now worth billions! India is my favorite emerging market besides China and I believe REDF has astronomical upside potential!
REDF is sitting on $48 million in cash with no debt and 85 million registered users!
10:40AM I just posted REDF as my new stock-to-watch with a speculative rating of 2, my second highest level of confidence!
3.29.10 New Stock to Watch Just Posted!
4:25PM Theragenics Corporation (TGX) hit a high today of $1.84 up 26% from yesterday's closing price of $1.46 and up 14% from this morning's opening price of $1.62! TGX traded huge volume today of 937,700 and was today's biggest percentage gainer on the NYSE!
10:00AM My new speculative rating of 2 pick Theragenics Corporation (TGX) has a book value of $2.34 per share with $45.3 million in cash, working capital of $59.6 million and shareholder equity of $77.7 million!
TGX has grown revenues from $43.7 million in 2005, to $53.1 million in 2006, to $61.3 million in 2007, to $66.4 million in 2008 and $77.2 million in 2009. TGX was profitable in 2009 with net income of $3.1 million!
TGX is the world’s largest producer of palladium-103, the radioactive isotope that supplies the therapeutic radiation for their TheraSeed® device, used in the minimally invasive treatment of localized prostate cancer. Almost half of TGX's TheraSeed® sales in 2009 were channeled through CR Bard (BCR), a $8.2 billion NYSE company.
In January, TGX signed an agreement with Core Oncology, Inc. for the distribution of TheraSeed® palladium-103 brachytherapy seeds. Under the terms of the agreement, TGX will be the exclusive palladium-103 seed supplier to ore for the treatment of prostate cancer in the U.S. and Canada.
TGX is now working with both BCR and Core Oncology, two of the largest companies in the industry!
I consider TGX to be an undiscovered gem with astronomical upside potential at these levels and I suggest you research it immediately!
12:00AM I just posted TGX as my new stock-to-watch with a speculative rating of 2, my second highest level of confidence!
3.23.10 RVMIF doing amazing up 17% today!
5:30PM Revett Minerals (RVMIF), my latest stock-to-watch with a speculative rating of 1, my highest level of confidence, was up 17% today to $0.467 on huge volume of 1,351,531! On the Toronto exchange it traded even higher volume of 1,803,084!
This is RVMIF's highest close since my profile! It is unbelievable how successful my speculative rating of 1 picks have been over the years! I believe RVMIF is just getting started!
The judge's decision in regards to Rock Creek could come at any time now!
3.22.10 Shocking China Trade Deficit! Great news for SINO!
5:10PM My latest stock to watch Sino-Global Shipping America (SINO), which I gave a speculative rating of 2, my second highest level of confidence... finished today up 15% to $4.18!
SINO's revenues were up 48% last quarter and after today's news that China expects to report a shocking trade deficit for the month of March, I am extremely confident that SINO's high on March 16th of $4.95 won't be its high of 2010!
China has the world's largest foreign currency reserves and the country is now looking to diversify those reserves by importing commodities from other countries, including Australia, where SINO has opened a wholly-owned operating subsidiary.
SINO was recently named one of the top 10 shipping agency companies in all of China. They have local branches in seven of China's 76 ports and contractual arrangements in all other ports in Mainland China in which they do not have branch offices.
SINO has over $7.1 million in cash and no debt, and a market cap of only $12.15 million!
If you haven't read it yet, click here for the article from China Daily today.
I am aware of no company better positioned to capitalize on China's import boom than SINO! Sure, there are larger companies in the industry, but when you look at SINO's low valuation I believe it has the biggest upside potential!
2:25PM According to an article out today by China Daily, China is set to announce a record trade deficit for the month of March! This is absolutely shocking! My prediction of China becoming a net importer is already coming true! Read the article from China Daily by clicking here.
This could be absolutely HUGE for my latest stock to watch Sino-Global Shipping America (SINO), which I gave a speculative rating of 2, my second highest level of confidence.
After surging from my profile price of $3.18 up to a high of $4.95 for a gain of 56% in two days, SINO dipped during recent days to finish yesterday at $3.62 but today it is up 9% to $3.94.
I have a feeling that SINO's high of $4.95 on March 16th won't be its high for this year! SINO is sitting on $7.1 million in cash and with a market cap of $11.45 million it means SINO's actual import business minus their cash position is being valued at only $4.35 million when its revenues in the most recent twelve months were $21.64 million!
I consider SINO to be the company that is best positioned to capitalize on China's upcoming import boom. SINO was recently named one of the top 10 shipping agency companies in all of China. They have local branches in seven of China's 76 ports and contractual arrangements in all other ports in Mainland China in which they do not have branch offices. They even have a wholly-owned operating subsidiary in Perth, Australia, which is where China will be receiving a large amount of their commodity imports from!
3.19.10 Civil War Tomorrow
10:00PM I'm afraid that a civil war is going to breakout tomorrow in Washington, DC. Dozens of organizations from across the spectrum will be there to protest and I believe all hell is going to break lose. The country has never been this divided before and it is only a sign of things to come. In no way do I advocate violence and I hope all of the demonstrations are peaceful... I just feel many people are about to reach a boiling point.
If the Healthcare Bill passes on Sunday, it will be the final nail in the coffin of the U.S. economy. It is absolutely impossible for this 2,000 page plus bill that nobody has read or can understand, to reduce healthcare costs... it's absolutely impossible.
The average American has become dependent on the U.S. government. They see healthcare costs rising and they believe the crisis can only be solved if the government does something about it. The truth is, healthcare costs are skyrocketing because the government is too involved already. This bill is going to make healthcare a lot more expensive and whoever votes yes for it will be committing career suicide in Washington.
Americans want things for free and the politicians who lie and bull$%*t the most by promising the most things that our country can't afford, are the ones who get elected and stay in office. Besides Ron Paul, there are no true libertarians in Congress who believe in limited government and protecting the constitution. Our country most likely won't wake up until after the U.S. dollar collapses and at that point, it will be too late.
We are at the beginning stages of a "melt up". It's possible that five years from now, the Dow will be 50,000 but it won't mean anything if gold is $50,000 per ounce and silver is $3,000 per ounce. Companies that mine for gold and silver and produce real things will by far outperform the rest of the market this decade.
I will continue to work tirelessly to bring to you the stocks that I believe are the most undervalued with the greatest upside potential!
3.16.10 Wow, what a HUGE day we had!
5:05PM Sino-Global Shipping America Ltd (SINO) hit a high this morning of $4.95 up 56% since I announced it this past weekend as my new speculative rating of 2 pick at $3.18!
Endeavour International Corporation (END) hit a high today of $1.48 up 20% since I announced it as my stock-to-watch on February 28th at $1.23!
My #2 pick for 2010 Bullion Monarch Mining (BULM) was up 9% today to $0.73. BULM today announced record quarterly revenues of $1,501,769 up 49% over the year ago quarter. BULM's net income for the quarter was $285,324!
BULM's net income would've been substantially higher but they accelerated their payments in their joint venture to develop the Bom Jardim and Bom Jesus mining properties, with exploration spending last quarter of $772,941!
BULM remains one of my favorite gold stocks in the world today! Even though it is already up 92% from my initial profile, I believe it still has astronomical upside potential!
11:25AM We just released a new economic news update video, please watch immediately: click here.
3.15.10 SINO finishes up 35%! Unbelievable!
5:05PM Sino-Global Shipping America Ltd (SINO), which I announced this weekend as my new stock-to-watch with a speculative rating of 2, finished today up 35% to $4.30 on huge volume of 239,060! SINO was the second biggest percentage gainer in the entire market today!
1:50PM Sino-Global Shipping America Ltd (SINO), which I announced this weekend as my new stock-to-watch with a speculative rating of 2, my second highest level of confidence, is the third largest percentage gainer in the market today up 27% to $4.05!
3.13.10 New Stock to Watch Just Posted!
4:15PM My new speculative rating of 2 pick Sino-Global Shipping America Ltd (SINO), currently $3.18, has a market cap of only $9.24 million when the company is sitting on $7.1 million in cash and no debt!
SINO was just named one of the top 10 shipping agency companies in all of China! Yet, when you subtract the cash from SINO's market cap, their business is being valued at only $2.14 million when it has revenues of $21.6 million!
SINO went public on the NASDAQ less than two years ago at $7.75 and in its first day of trading it finished up 80% to $13.98. Two days later the stock gained another 97% to a high of $27.49.
It wouldn't surprise me if the huge interest in SINO at the time of its IPO returns soon!
China is now the world's largest creditor nation and I expect to see a huge boom in Chinese imports in the years ahead, and I believe SINO is the best company to capitalize on this boom! SINO has local branches in seven of China's 76 ports and contractual arrangements in all other ports in Mainland China in which they do not have branch offices.
SINO even has a wholly-owned operating subsidiary in Perth, Australia, which is where China will be receiving a large amount of their commodity imports from!
SINO is 63% owned by insiders! I consider SINO to be my biggest China stock discovery since SGAS, which went from my August profile price of $0.42 up to a high of $1.39 for a gain of 231% in less than three months.
Research SINO immediately! It may be the best decision of your life!
1:15AM I just posted SINO as my new China stock-to-watch with a speculative rating of 2, my second highest level of confidence!
3.9.10 U.S. Treasury Incompetence/Economic News Update Video
11:10PM Do you want to see how incompetent the U.S. Treasury is? I mean seriously, this is so shocking that it is actually extremely funny... spread the word about this to everybody: click here.
11:00AM We just released a new economic news update video, please watch immediately: click here.
3.8.10 RVMIF/RVM off to amazing start!
5:25PM Revett Minerals (RVMIF) is off to an amazing start! RVMIF was up 24% today to $0.414 on huge volume of 1,241,769 and on the Toronto exchange RVM was up 20% to $0.42 on unbelievable volume of 2,207,204!
RVMIF gapped up this morning both in the U.S. and on the Toronto and closed only slightly higher from the opening price, so I realize nobody is actually up 20% or 24% yet. However, I believe RVMIF's long-term upside potential is astronomical and today certainly bodes well for the future of the company!
3.7.10 RVMIF's upside potential is astronomical!
5:35PM I believe my new speculative rating of 1 pick Revett Minerals (RVMIF) has astronomical upside potential at its current price of $0.335!
After processing 3,735 tons of ore per day in 2009 and producing 1,127,739 ounces of silver and 8,567,765 pounds of copper, RVMIF is now processing 4,401 tons of ore per day and expects to produce 1,290,500 ounces of silver and 10,749,703 pounds of copper in 2010!
RVMIF is sitting on one of the largest permitted undeveloped silver deposits in the world with its Rock Creek prospect! Rock Creek is estimated to contain 229 million ounces of silver and 2 billion pounds of copper and once in production RVMIF believes it will produce about 6 million ounces of silver and 52 million pounds of copper per year and have a mine life of 25 years!
Silver Wheaton (SLW), which recently hit a new 52-week high of $17.80 up 381% since I announced it as one of my top 10 picks for the next 4 years on November 3rd, 2008 at $3.70, is now the largest shareholder of RVMIF owning 16.6% of RVMIF's issued and outstanding shares! SLW is the best managed silver company in the world and has a market cap of $5.3 billion! SLW obviously sees the same potential in RVMIF that I do!
In my opinion, silver prices are poised to breakout above $20 per ounce in the months ahead. The U.S. dollar rally has run its course and those who are long the U.S. dollar and short the Euro, will soon have to reverse their trades. The world's biggest debt crisis is not in Greece, but it is here in the U.S. The U.S. is never projected to have a balanced budget ever again!
When China stops buying our treasuries, all of our deficit spending and debts will need to be paid with outright money printing, and the need to own gold and silver will become apparent to all! I expect the gold/silver ratio to decline from its current level of 65 back down to 16 in the years ahead... as the world once again begins to recognize silver as real money and not just an industrial metal!
Silver is the best precious metal available for use in small barter transactions. When the dollar collapses, you will need to trade an ounce of silver for your groceries in the black market. Gold will be less commonly used in bartering and will mainly be used for large transactions.
The physical supplies of silver today are tight as can be. JP Morgan is short a large amount of paper silver that is unbacked by any physical silver position, making it a naked short position. At some point when the lack of physical silver becomes well known, the price of silver is just going to explode like nothing you have ever seen before!
I am more confident about the price of silver skyrocketing than I was about the Real Estate market collapsing in 2006! Be sure to research RVMIF tonight and hopefully you will be thanking me soon! RVMIF also trades on the Toronto exchange under the symbol RVM.
3.6.10 RVMIF, my new spec rating of 1 pick!
4:15PM I am extremely excited to announce Revett Minerals (RVMIF), currently $0.335, as my new silver stock-to-watch with a speculative rating of 1, my highest level of confidence!
RVMIF has increased its silver production for five consecutive years and in 2009 produced 1,127,739 ounces of silver and 8,567,765 pounds of copper! RVMIF plans to increase production in 2010 to 1,290,500 ounces of silver and 10,749,703 pounds of copper!
RVMIF's largest shareholder is Silver Wheaton (SLW), one of our biggest silver winners of the past year! I made SLW one of my top 10 picks for the next 4 years on November 3rd, 2008 at $3.70 and it recently hit a new 52-week high of $17.80 for a gain of 381%! SLW now owns 16.6% of RVMIF!
RVMIF is currently producing at its 100% owned Troy Mine in Montana, which was discovered by Kennecott in the early 1960s.
However, the reason why I believe RVMIF could become one of our biggest winners of all time is because of their 100% owned Rock Creek project. Rock Creek is one of the largest permitted undeveloped silver deposits in the world. It is estimated to contain 229 million ounces of silver and 2 billion pounds of copper!
Environmental groups are putting up a huge fight trying to stop RVMIF from developing Rock Creek but RVMIF is committed to developing Rock Creek with the most environmentally benign form of mining known today... underground mining that will be virtually undetectable to people and animals on the surface, using safe, organic, biodegradable additives to separate the copper and silver minerals from the quartzite rock!
A status conference has been set for March 17th, 2010 in the Federal District Court of Montana to discuss the status of legal proceedings and RVMIF's intent to file its 20 day notice to proceed in early April. Considering the huge economic impact Rock Creek will make in the State of Montana, I believe the odds are in RVMIF's favor that the project will proceed.
In my opinion, stocks of silver miners are set to outperform just about every other type of investment in the world over the next few years. Silver prices were up 6% last week alone, after I predicted a major breakout in the price of silver last weekend!
Silver prices are up 14% since I said to load up on SLV calls on February 5th and it is my understanding that JP Morgan has not been increasing their short position during this recent run up. I believe silver could be getting ready to explode above $20 per ounce in the months ahead and the sky is truly the limit for the price of silver!
Be sure to research RVMIF immediately! This is a stock you may want to tell your friends and family members to also research because I am extremely confident about it!
For all my Canadian Lebed.biz members, I like silver a lot more than gold so I am happy with our silver medal in hockey! RVMIF also trades on the Toronto exchange under the symbol RVM.
3.5.10 My new speculative rating of 1 pick: RVMIF!
10:15PM I just posted Revett Minerals (RVMIF) as my new silver stock-to-watch with a speculative rating of 1, my highest level of confidence!
11:10AM This weekend I will be announcing my biggest new silver stock-to-watch of 2010!
I predicted after the market closed last Friday that silver would breakout big this week. This has been the second biggest week for silver of 2010! Just today alone silver is up another $0.269 to $17.445 per ounce!
I am also happy that my four new stocks-to-watch from last weekend all made decent gains this week: KAZ, USEG, END, and CXPO are up 5%, 6%, 12% and 1% respectively this week, but remember I only gave each of them speculative ratings of 5 and I told you I was saving my biggest new stock-to-watch until later in the week!
I am leaning towards giving my new silver stock-to-watch a speculative rating of 1, my highest level of confidence!
3.4.10 Be ready this weekend!
1:15PM This weekend I will be announcing my biggest new silver pick of 2010!
I will definitely be giving it a speculative rating of at least 2 (my second highest level of confidence), but I think I am leaning towards giving it a speculative rating of 1, my highest level of confidence!
You will be shocked when you learn about this producing silver company!
3.3.10 Silver up again! HUGE pick coming!
10:15AM Silver is up another $0.176 today to $17.24 per ounce and I am getting ready to announce what could become our biggest new silver stock-to-watch of the year!
Be ready for my HUGE announcement coming very soon!
3.2.10 Silver breaking out like I predicted!
1:30PM I predicted this past weekend that silver would breakout big this week and silver is currently up $0.516 today to $16.985 per ounce!
The SLV January 2011 $20 calls just hit $1.19!
I said on February 5th, "If this flush out isn't over now, it is close to being over. It may be time to literally LOAD UP on SLV calls big... mainly the longer term ones like the January 2011 $20 calls, currently $0.80."
I will be announcing one of my biggest silver stocks-to-watch of all time very soon!
2.28.10 Four New Stocks to Watch
8:05PM I just posted four new stocks to watch: BMB Munai Inc (KAZ), US Energy Corp (USEG), Endeavour International Corporation (END) and Crimson Exploration Inc (CXPO). I gave each of these stocks to watch a speculative rating of 5.
I was planning to make a huge announcement tonight of another stock to watch that I am extremely confident about, but because USA lost the hockey game, I won't be announcing it until later this week.
3:40PM Let's go USA! If we win this game I am going to celebrate by announcing some new stocks to watch tonight!
Be ready for my new stocks to watch after USA wins this game!
Sorry to all my Canadian Lebed.biz members I still love you!
2.26.10 Silver breakout coming next week...
6:15PM Silver prices reached a 15 day high today. I believe a major breakout in silver is coming next week.
I still love the SLV January 2011 $20 calls, currently $1.03.
I believe the U.S. dollar rally has run its course. Too many people are now bearish on the Euro and long the U.S. dollar as a result. This trend of everybody going long the U.S. dollar as a safe haven is not going to last forever. Gold and silver will soon be looked at as the only real safe havens. It takes time for mindsets to change but trust me they will.
In my opinion, most of our favorite gold and silver stocks are likely to reach new 52-week highs in the short-term.
2.24.10 Jersey Shore Gold
1:50PM Jersey Shore Gold is now out! If you hate the Jersey Shore television show, you will love this new video! Tell everybody you know to watch asap! Click here to see Jersey Shore Gold.
2.16.10 Silver rebounding big, like I predicted!
12:10PM Silver futures are up over 4% today to $16.10 per ounce!
I said on February 5th, "If this flush out isn't over now, it is close to being over. It may be time to literally LOAD UP on SLV calls big... mainly the longer term ones like the January 2011 $20 calls, currently $0.80."
The SLV January 2011 $20 calls are now up to $1.05!
2.8.10 CATASTROPHE ahead, pray for your loved ones!
4:40AM Read This Full Alert, it is EXTREMELY important...
An economic catastrophe is coming in 2010, but this crisis will be the complete opposite of late-2008/early-2009...
I've been saying for months that I believe the stock market is ridiculously overvalued. Many companies that are dependent on the American consumer have stocks that are trading above where they were in 2006, at the height of the Real Estate bubble. A couple weeks ago we saw the beginning of a stock market correction, which should continue for some time to come.
In the past year, I have seen thousands of self-proclaimed "stock gurus" appear all around the Internet, creating web sites with fake track records... hyping worthless pink sheet stocks with no assets, revenues or any hope of ever succeeding. Most of these people probably know less about the stock market than my dog, yet I see some of the stocks they hype trade tens of millions of dollars in volume, before they ultimately crash.
To me, this is a sign of a dollar bubble. If there are so many people out there willing to buy the stocks of worthless pink sheet companies (stocks I would never mention in my newsletter no matter how much money I was offered), it means the world is awashed with dollars and a hyperinflationary catastrophe is likely to come a lot sooner than anybody expects.
What I strongly urge you to do right now... is take advantage of these bargain basement prices in silver. JP Morgan controls the paper silver market, with a massive naked short position that is unparalleled to the size of all short positions that have ever existed in the history of all commodities. But I'll get back to that in a second.
There is a good chance that the country of Greece could soon default on its debt, which many people are concerned will spread throughout Europe and cause a sovereign debt crisis. The conventional wisdom on Wall Street today is that the U.S. economic crisis is over and the U.S. economy is recovering, but now Europe will experience the same economic collapse we saw in late-2008/early-2009.
Therefore, the Euro, which in October surpassed the U.S. dollar as the currency of choice for new foreign currency purchases by central banks around the world, has been taking a hit. The U.S. dollar has risen vs the Euro for four weeks in a row and the Euro is now at a 7-month low vs the U.S. dollar.
Unfortunately for Greece, they don't have a printing press that they can use on their own. It's similar to the crisis in California. Greece might need the European Central Bank to bail them out, just like California might need the U.S. Treasury and Federal Reserve to bail it out.
I find it unlikely the European Central Bank will bail out Greece and in my opinion, a default by Greece wouldn't be enough to collapse Europe's economy. But in the U.S., I find it extremely likely the Federal Government will eventually bail out California, which would create tremendous inflation and crush the U.S. dollar.
Investors that are selling Euros and buying U.S. dollars as a safe haven, are making the worst possible decision. If you go by the REAL U.S. GDP, and not the fluffed up consumption based GDP, the U.S.'s total debts are a lot higher percentage of GDP than Greece. Also, the U.S.'s budget deficit as a percentage of tax receipts is more than double Greece.
The real financial crisis is RIGHT HERE in the U.S. and NOT in Europe. The Europe sovereign debt crisis is being used as a DISTRACTION to prop up the U.S. dollar for a little while longer, allowing the U.S. to get deeper into debt.
What's even more crazy is that many people are now calling China's economy a bubble! China has a population of over 1.3 BILLION people and most of them still don't drive a car. It's IMPOSSIBLE for China's economy to be a bubble. They are the world's largest CREDITOR nation. I was against China's $586 billion stimulus plan which certainly overheated certain parts of their economy, but at least they funded it with their own money (unlike the U.S. which borrowed and printed their stimulus money). Certain pockets of China's economy need to correct in the short-term... but over the long-term China is GUARANTEED to take over the U.S.'s status as the world's superpower!
Anyway, because of the so-called "sovereign debt crisis" in Greece, and China cutting down on lending to cool down their growth... as well as Obama calling for a "spending freeze" in the U.S., which is a joke because Obama's spending freeze will cover only a tiny portion of discretionary spending but not until 2011 after another 7% raise in discretionary spending in 2010... the U.S. dollar has been rallying. Gold, but especially silver... have been HAMMERED down from their recent highs.
Trust me... this is the BUYING OPPORTUNITY of a lifetime for gold, but ESPECIALLY silver. Is this definitely the bottom for gold and silver before they reach new highs later this year? I don't know... maybe not. But if you look at the silver ETF SLV trading 31.7 million shares on Friday more than 2.3X its average volume... this flush out is VERY close to being over, in my opinion. Margin calls, panic selling (with 2008 still fresh in people's minds) and other factors helped contribute to the sell off...
JP Morgan was responsible for the bulk of silver's decline... driving it down through the moving averages. They manipulate silver paper prices without physically delivering any silver... and it's my belief that their silver short position is covered by derivatives that will be impossible to unwind because the physical silver simply isn't there.
I am hoping and praying that COMEX implements new contract limits in the months ahead... because this silver manipulation is blatant and shouldn't be allowed to continue. Try to find a 1 oz silver coin for sale for $15! You can't, NOBODY wants to sell physical silver for $15 per ounce! If we had a fair market on COMEX, silver would trade based on supply and demand, and would already be above $25 per ounce. Like I said the other day, the U.S. mint sold more American Silver Eagles last month than the entire YEAR of 1996. That's just here, China is now encouraging their citizens to buy silver bullion.
As you know, I am a believer that Goldman Sachs would be bankrupt today if it wasn't for the bailout of AIG... and Goldman's ability to borrow for free from the Fed. Goldman Sachs and JP Morgan are the two biggest EVILS that exist in our country today... and will lead to its downfall. Their record bonuses to their employees, who speculated with taxpayers money (with the implicit backing of the U.S. government) ... will soon work its way through the system... driving up the prices of consumer goods and services.
Americans are already becoming outraged at JP Morgan and Goldman Sachs paying out record bonuses while real unemployment (including those who are underemployed or gave up looking for work) is north of 20%... but the REAL outrage will come soon when massive price inflation becomes evident. Major civil unrest will soon be here when the cost of filling your refrigerator with food is more than the average American's mortgage payment.
It's such an insult for Goldman Sachs to actually say they are launching a $500 million small-business loan program, when they paid $16.2 billion in compensation last year. I know so many honest, hard-working young entrepreneurs with great ideas looking to start a small business and can't get a loan. The Microsoft's, Coca-Cola's and disease curing companies of the future now have ZERO chance of being founded in the U.S. They will all be formed overseas and New York will lose its financial capital of the world status to Shanghai, Hong Kong, London, Tokyo, Abu Dhabi and others.
Even if the Federal Reserve starts raising interest rates in the near-future, the damage has already been done. It will be impossible to mop up the excess liquidity that exists today, without raising interest rates to 10% or higher.
Therefore, Americans will soon have a choice...
1) Do we continue buying overvalued stocks, many of which are likely to correct substantially this year.
2) Do we once again speculate in Real Estate, with banks about to flood the market with foreclosed properties that have been held off the market in order to artificially suppress inventories.
3) Do we hold U.S. dollars, bonds and treasuries, with Bernanke getting ready to monetize our $12 trillion national debt, $60 trillion in unfunded liabilities and $2 trillion per year plus in deficits for years to come.
4) Do we buy gold and silver, which have always retained their purchasing power and will protect from inflation better than any other asset.
The world will choose OPTION 4 once they WAKE UP! There is NO DOUBT in my mind about it. Gold and silver stocks will see the biggest gains, but only if you pick the right companies... that's why I flew all the way to Mexico to explore the mine of my #1 pick. I care about my members more than anybody else in the world, which is why I work 15 hours a day researching companies and studying the economy, and maybe go out drinking at a bar in NJ only once or twice per year.
It sickens me seeing all these celebrities bragging about the money they donate to Haiti, just for good publicity. Although I believe all humans are equal and I feel bad for what happened to the people of Haiti, I have donated ZERO dollars to Haiti. NOBODY in the U.S. can afford to donate to Haiti... we need to spend our time and money getting the word out about our problems HERE!
When I was in Guanajuato visiting my #1 pick, I visited the most beautiful church in the world... The La Valenciana Church. This church was made possible by the silver produced by my #1 pick's La Valenciana mine (it's no longer in production but they plan to reopen it soon), which for 250 years produced 1/5 of the world's silver! Click here for a picture of me in the church.
I was overcome with emotion while in this church. What I realized is, I no longer care about myself and I certainly don't care about making money for myself. I care about helping as many people as possible survive the real crisis that lies ahead. I said a prayer there for all Lebed.biz members that god help us do as much as possible to spread our message to everybody we love.
I feel very blessed that 'The Dollar Bubble', which I produced with the help of some of my best friends... has surpassed 472,000 views since Thanksgiving. It wouldn't have been possible without all of your help. Thank you again for spreading the word about 'The Dollar Bubble'. Steve Liesman from CNBC called us to feature it on his show, but we turned him down because CNBC did nothing to warn about the Real Estate bubble and collapses of Fannie and Freddie like we did in 2005/2006. CNBC is nothing more than a propaganda tool for the elite.
On another topic... there is ZERO chance of another deflationary spiral period of forced liquidations driving gold and silver back down to October of 2008 levels. When you have India buying 200 metric tons of gold, they are a real buyer without the use of any leverage.
TAKE ADVANTAGE of these gold and silver prices! I never said before that you should LOAD UP on an option like I did on Friday with the SLV January 2011 $20 calls at $0.80, but I STRONGLY believe in what I say and don't think it is possible I will be wrong.
Please remember options trading is extremely risky and not suitable for all investors.
2.5.10 Silver Manipulation, LOAD UP on calls!
2:50PM What we are currently seeing in the silver market can be described in no other way than massive manipulation by JP Morgan, who controls the paper market in silver.
The movements in the paper price of silver we are seeing right now in NO WAY reflect the true supply and demand for physical silver.
U.S. Mint sales of American Silver Eagles broke a record in January! U.S. Mint authorized buyers purchased a total of 3,592,500 Silver Eagle coins in January! Only one January had previously broken the 2 million mark, January of 2008. That's more American Silver Eagles sold in one month than the entire year of 1996!
Check out this chart of the annual sales of American Silver Eagles: click here.
JP Morgan has done a good job at flushing out paper silver longs and demoralizing them, by driving silver down through all of the moving averages. However, while JP Morgan may have won game 1 in 2010, they have yet to win the set and match.
If this flush out isn't over now, it is close to being over. It may be time to literally LOAD UP on SLV calls big... mainly the longer term ones like the January 2011 $20 calls, currently $0.80.
2.3.10 SHSH higher than ALTO like I guaranteed
7:40PM Conolog (CNLG) finished today at $2.98 down 33% since I sent out an alert on Monday saying I felt it was a short at $4.45! Congratulations to everybody!
1:20AM About two weeks ago I had many people emailing me about a gold stock ALTO asking for my opinion and forwarding me newsletters hyping ALTO as being worth $7 per share.
I told you on January 22nd with ALTO at $0.38, that I guarantee my new stock-to-watch SHSH would soon be trading higher than it. ALTO has since then fallen by 58% to $0.16 and my SHSH is now trading for $0.17.
ALTO will continue to crash... and SHSH over the long-term could become a huge winner... because it is a real silver exploration company.
I try as best as possible to do as much due diligence on my picks as possible. Just the other day I flew all the way to Mexico to visit my #1 pick for 2010 Great Panther Silver (TSX: GPR)'s Guanajuato Mine, going over 1,000 feet underground exploring their operations first hand and taking pictures for you to see.
There is simply no reason for people to speculate on a garbage company like ALTO, when there are real companies like GPR and SHSH out there that could become the biggest winners during the biggest boom of our lifetimes!
Also, I am very proud that our Capital Gold, formerly CGLD, just started trading on the AMEX under the symbol CGC.
My firm Lebed Biz LLC was compensated by a third-party (B&D Capital Partners) $20,000 cash for a one-month GPR investor relations contract which has since expired. We could potentially be compensated more for providing investor relations services regarding GPR in the future, although no agreements have been made at this time.
2.1.10 I like SLV calls and CNLG as a short
12:45PM Conolog (CNLG), which is up over 100% today, is a short here at $4.45.
It has done three reverse splits since 2003 and the company has never been able to make a profit.
12:00PM I believe silver prices have a very good chance of rising to $30 per ounce over the next 12 months. Silver is up about 2% today to $16.50 per ounce and appears to be bouncing from what could be a short-term bottom that holds permanently. Even if it doesn't hold and silver dips to $15 per ounce first, I still believe silver prices will explode later in the year.
Currently, the SLV January 2011 $20 calls are priced at only $1.18. If I am right about silver, these calls have a chance of rising to $10 over the next year.
I am currently on a losing streak with options picks. After picking huge winners in 2008 which included FNM, FRE, TOL, LEH, and JPM puts, I have had several losers in a row including JPM, F and AAPL puts.
Because some of our put option plays in 2008 gained at their highs by as much as 698%, 534%, and 465%, I believe overall I have a very good options track record.
Remember, most options expire worthless. The odds are you will lose on most options plays, but if you are lucky your winners will more than make up for the losers.
Options trading is extremely risky and speculative and not suitable for all investors.
1.22.10 SHSH will soon be higher than ALTO (guaranteed)
4:55AM I cannot express in words how sickened I am to see almost a dozen phony newsletters with fake track records hyping ALTO (a so-called gold exploration company whose only asset is less than $1,000 in cash) as being worth over $7 per share. I predict ALTO will soon crash to below $0.10.
My new stock-to-watch SHSH is a real silver exploration company, with $1.8 million in long-term investments and $4.1 million in property, plant and equipment.
SHSH's market cap at $0.195 is only $7.3 million compared to ALTO's market cap at $0.38 of $30.3 million. I believe SHSH is at least a ten times better company than ALTO.
SHSH is well diversified with 1,224 acres of exploration property in the Idaho Lakeview District, 534 acres of exploration property in Shoshone County Idaho, 2,444 acres of exploration property in Central Idaho, 580 acres of exploration property in North Idaho, 320 acres of exploration property in Montana, 620 acres of exploration property in Arizona, and 380 acres of exploration property in Mexico.
While ALTO is a fly-by-night company trying to take advantage of investors eager to invest for the upcoming gold/silver mania, SHSH has been around since 1969.
SHSH is now aggressively pursuing a transition from its current status as an exploration company to once again becoming a fully operational company. In the near future, SHSH will have the capability of producing gold from its newly acquired Rescue Mine and Mill in Warren, Idaho, and is now making silver concentrates from stockpiled ore at its Lakeview Mill.
SHSH is a completely unbiased pick and I have given it a speculative rating of 2, my second highest level of confidence.
For the past year, junior exploration companies for the most part have been left behind during the recent run in gold/silver stocks, but REAL juniors like SHSH have the potential to make the BIGGEST gains over the next 5 years.
During the years 1975 through 1980 (before I was born), some juniors like Lion Mines and Azure Resources made percentage gains of 542,757% and 217,900% respectively. I believe the inflationary crisis ahead will be much worse than back then.
It's important not to waste your investment dollars on a company like ALTO, that has no chance of succeeding... when SHSH has an excellent chance of becoming a HUGE winner!
I guarantee SHSH will soon be trading higher than ALTO. Remember, this is just my honest opinion and I could be wrong. Don't listen to me. There are truly no guarantees when it comes to the stock market.
9:20PM I just posted Shoshone Silver Mining (SHSH), currently $0.165, as my new stock-to-watch with a speculative rating of 2, my second highest level of confidence!
1.12.10 GPR hits $1.14, my #1 pick for 2010!
11:55AM My #1 pick for 2010 Great Panther Silver (TSX: GPR) just hit $1.14 up 30% since I released my top 10 list on New Years Eve at $0.88!
GPR just reported yesterday that 4Q 2009 production was a record 625,288 silver equivalent ounces a 26% increase from Q4 2008! It includes 390,026 ounces silver, 2,456 ounces gold, 205 tonnes lead and 248 tonnes zinc. This marks 13 out of 16 successive quarterly increases since GPR commenced production in 2006, and 2009 represents the fourth consecutive year of production growth for GPR!
For the full year of 2009, GPR produced 2,202,456 silver equivalent ounces, a 22% increase over 2008, and 6% higher than the target for 2009 of 2.07 million Ag eq oz. Total metal production for the year includes 1,456,830 ounces silver, 7,151 ounces gold, 871 tonnes lead, and 1,057 tonnes zinc.
Click here to see a chart of GPR's production every quarter since 2006.
My firm Lebed Biz LLC was compensated by a third-party (B&D Capital Partners) $20,000 cash for a one-month GPR investor relations contract which has since expired. We could potentially be compensated more for providing investor relations services regarding GPR in the future, although no agreements have been made at this time.
1.11.10 One of our biggest days ever!
6:15PM Today was one of our biggest days in history! Congratulations to everybody!
Great Panther Silver (TSX: GPR) hit a high today of $1.09 up 24% since I announced it as my #1 pick for 2010 on New Years Eve at $0.88! GPR today announced record 4Q and full year 2009 silver production that surpassed their previously announced target!
Silvercorp Metals (SVM), my new stock-to-watch with a speculative rating of 1, my highest level of confidence, hit a high today of $7.59 up 13% since I announced it on December 15th at $6.69. SVM is also one of my top 10 picks for 2010!
Entree Gold (EGI) hit a new 52-week high today of $3.49 up 44% since I announced it as one of my top 10 picks for 2010 on New Years Eve at $2.43!
First Majestic Silver (FR-T) hit a new 52-week high today of $4.52 up 107% since I made it my stock-to-watch on February 19th at $2.18! FR-T is also one of my top 10 picks for 2010!
Ivanhoe Mines (IVN) hit a new 52-week high today of $17.93 up 569% since I announced it as my #4 pick for the next 4 years on November 3rd, 2008 at $2.68!
Gulf Resources (GFRE) hit a new 52-week high today of $14.94 up 1,598% since I announced it as my stock-to-watch with a speculative rating of 1, my highest level of confidence, on December 13th, 2008 at a split adjusted price of $0.88 and up 999% from its opening price on December 15th, 2008 of $1.36!
Silver Wheaton Corp (SLW) hit a new 52-week high today of $17.80 up 381% since I announced it as one of my top 10 picks for the next 4 years on November 3rd, 2008, at $3.70!
Eldorado Gold Corp (EGO) hit a new 52-week high today of $15.40 up 269% since I announced it as one of my top 10 picks for the next 4 years on November 3rd, 2008, at $4.17!
Endeavour Silver Corp (EXK) hit a new 52-week high today of $4.48 up 191% since I made it my stock-to-watch with a speculative rating of 2, my second highest level of confidence, on February 19th at $1.54!
My firm Lebed Biz LLC was compensated by a third-party (B&D Capital Partners) $20,000 cash for a one-month GPR investor relations contract which has since expired. We could potentially be compensated more for providing investor relations services regarding GPR in the future, although no agreements have been made at this time.
10:45AM My #1 pick for 2010 Great Panther Silver (TSX: GPR) just hit $1.08 up 23% since I released my top 10 list on New Years Eve at $0.88!
GPR's production rose last quarter by 34% to 597,057 silver equivalent ounces and revenues were up 104% to $8.9 million with a $5 million increase in earnings from mining operations to $4.2 million!
GPR plans to increase annual production to 3.8 million silver equivalent ounces over the next three years while building their NI 43-101 compliant resources to 40 million silver equivalent ounces!
My firm Lebed Biz LLC was compensated by a third-party (B&D Capital Partners) $20,000 cash for a one-month GPR investor relations contract which has since expired. We could potentially be compensated more for providing investor relations services regarding GPR in the future, although no agreements have been made at this time.
9:45AM My #1 pick for 2010 Great Panther Silver (TSX: GPR) just hit $1.06 up 20% since I released my top 10 list on New Years Eve at $0.88!
My firm Lebed Biz LLC was compensated by a third-party (B&D Capital Partners) $20,000 cash for a one-month GPR investor relations contract which has since expired. We could potentially be compensated more for providing investor relations services regarding GPR in the future, although no agreements have been made at this time.
1.6.10 Another AMAZING day! Unbelievable!
5:20PM My #1 pick for 2010 Great Panther Silver (TSX: GPR) was up 3% today to $0.97!
Silvercorp Metals (SVM), my new stock-to-watch with a speculative rating of 1, my highest level of confidence, hit a high today of $7.39 up 10% since I announced it on December 15th at $6.69. SVM is also one of my top 10 picks for 2010!
Entree Gold (EGI) hit a new 52-week high today of $3.25 up 34% in just the past three days after I announced it as one of my top 10 picks for 2010 on New Years Eve at $2.43!
NGAS Resources (NGAS) hit a high today of $2.10 up 24% in just the past three days after I announced it as one of my top 10 picks for 2010 on New Years Eve at $1.70!
Today's gains for some of my other top 10 picks for 2010 include: HL +6%, (TSX: FR) +2%, CGLD +3% and DROOY +5%!
Ivanhoe Mines (IVN) hit a new 52-week high today of $16.92 up 531% since I announced it as my #4 pick for the next 4 years on November 3rd, 2008 at $2.68!
Gulf Resources (GFRE) hit a new 52-week high today of $14.20 up 1,514% since I announced it as my stock-to-watch with a speculative rating of 1, my highest level of confidence, on December 13th, 2008 at a split adjusted price of $0.88 and up 944% from its opening price of December 15th, 2008 of $1.36!
Eldorado Gold Corp (EGO) hit a new 52-week high today of $15.38 up 269% since I announced it as one of my top 10 picks for the next 4 years on November 3rd, 2008, at $4.17!
My firm Lebed Biz LLC was compensated by a third-party (B&D Capital Partners) $20,000 cash for a one-month GPR investor relations contract which has since expired. We could potentially be compensated more for providing investor relations services regarding GPR in the future, although no agreements have been made at this time.
1.5.10 I'm speechless about our success!
5:20PM Copper Mountain Mining (TSX: CUM) hit a new 52-week high today of $2.55 up 96% since I announced it as my big pick on August 21st at $1.30 and up 88% from its opening price on August 24th of $1.36! CUM is also one of my top ten picks for 2010!
Entree Gold (EGI) hit a new 52-week high today of $3.18 up 31% in just the past two days after I announced it as one of my top 10 picks for 2010 on New Years Eve at $2.43!
NGAS Resources (NGAS) hit a high today of $1.94 up 14% in just the past two days after I announced it as one of my top 10 picks for 2010 on New Years Eve at $1.70!
Ivanhoe Mines (IVN) hit a new 52-week high today of $16.17 up 503% since I announced it as my #4 pick for the next 4 years on November 3rd, 2008 at $2.68!
Gulf Resources (GFRE) hit a new 52-week high today of $14.06 up 1,498% since I announced it as my stock-to-watch with a speculative rating of 1, my highest level of confidence, on December 13th, 2008 at a split adjusted price of $0.88 and up 934% from its opening price of December 15th, 2008 of $1.36!
Eldorado Gold Corp (EGO) hit a new 52-week high today of $14.88 up 257% since I announced it as one of my top 10 picks for the next 4 years on November 3rd, 2008, at $4.17!
Congratulations to everybody!
My firm Lebed Biz LLC was compensated by a third-party (B&D Capital Partners) $20,000 cash for a one-month CUM investor relations contract which has since expired. We could potentially be compensated more for providing investor relations services regarding CUM in the future, although no agreements have been made at this time.
10:50AM Entree Gold (EGI), which I announced on New Years Eve at $2.43 as one of my top 10 picks for 2010, just hit $3.18 up 31% in the past two days!
EGI's joint venture partner Ivanhoe Mines (IVN) just hit a new 52-week high of $16.13 up 502% since I announced it as my #4 pick for the next 4 years on November 3rd, 2008 at $2.68!
1.4.10 What an AMAZING way to start 2010!
5:05PM Every single pick from my new top 10 list was up big today!
My #1 pick for 2010 Great Panther Silver (TSX: GPR) finished today up 9% to $0.96 on HUGE volume of 2,011,693, compared to its average daily volume of only 759,561!
Copper Mountain Mining (TSX: CUM) hit a new 52-week high today of $2.30 up 77% since I announced it as my big pick on August 21st at $1.30 and up 69% from its opening price on August 24th of $1.36! CUM is also one of my top ten picks for 2010!
Here are today's daily gains for the other eight stocks on my top ten picks for 2010 list: BULM +13%, DROOY +5%, SVM +5%, CGLD +2%, EGI +17%, (TSX: FR) +5%, NGAS +8%, and HL +5%!
Gulf Resources (GFRE) hit a new 52-week high today of $13.73 up 1,460% since I announced it as my stock-to-watch with a speculative rating of 1, my highest level of confidence, on December 13th, 2008 at a split adjusted price of $0.88 and up 910% from its opening price of December 15th, 2008 of $1.36!
Ivanhoe Mines (IVN) hit a new 52-week high today of $15.82 up 490% since I announced it as my #4 pick for the next 4 years on November 3rd, 2008 at $2.68!
Eldorado Gold Corp (EGO) hit a new 52-week high today of $14.87 up 257% since I announced it as one of my top 10 picks for the next 4 years on November 3rd, 2008, at $4.17!
Congratulations to everybody!
My firm Lebed Biz LLC was compensated by a third-party (B&D Capital Partners) $20,000 cash for a one-month CUM investor relations contract which has since expired. We could potentially be compensated more for providing investor relations services regarding CUM in the future, although no agreements have been made at this time. My firm Lebed Biz LLC was compensated by a third-party (B&D Capital Partners) $20,000 cash for a one-month GPR investor relations contract which has since expired. We could potentially be compensated more for providing investor relations services regarding GPR in the future, although no agreements have been made at this time. We could potentially be compensated for providing investor relations services regarding BULM in the future, although no agreements have been made at this time.
9:45AM My #1 pick for 2010 Great Panther Silver (TSX: GPR) is up 12.5% today to $0.99 on its first trading day of 2010! I consider GPR to be the most undervalued producing silver company in the world today with the greatest upside potential!
My firm Lebed Biz LLC was compensated by a third-party (B&D Capital Partners) $20,000 cash for a one-month GPR investor relations contract which has since expired. We could potentially be compensated more for providing investor relations services regarding GPR in the future, although no agreements have been made at this time.
1.1.10 ***My Top 10 Picks for 2010***
12:00AM I am extremely excited to announce my Top 10 Picks for 2010!
10) Hecla Mining (HL), currently $6.18
HL is a repeat from my last top 10 list. HL's financial situation has completely turned around from a year ago. HL reported net income last quarter of $22.5 million on revenue of $95.2 million compared to a loss of $7.2 million on revenue of $68.5 million in the year ago quarter. Their cash position increased by $27 million to $85 million from the previous quarter in 2009. This was one of HL's best quarters in their hundred-year history. HL is now the U.S.'s largest silver producer and second and third largest producer of zinc and lead, respectively.
9) NGAS Resources (NGAS), currently $1.70
NGAS is a bet on a future recovery in natural gas prices. NGAS's revenues were down last quarter by 53% over a year ago due to lower natural gas prices, but NGAS increased production by 5% to 1 Bcfe and reduced their debt during the quarter by $45 million. NGAS is well positioned to prosper when natural gas prices inevitably rise once again in the future.
8) Copper Mountain Mining (TSX: CUM), currently $2.08
CUM sold 25% of their Copper Mountain Project in 2009 to Mitsubishi for $28.75 million. CUM ended the last quarter with a huge cash position of $54.2 million. CUM has placed orders through SMS Equipment for more than $70 million worth of Komatsu mobile mining equipment to be delivered in stages over the next 18 months. Preproduction mining is scheduled to start in June 2010. CUM is almost done pouring the concrete foundation for their mill in preparation for the erection of the building steel in the spring of 2010.
7) First Majestic Silver (TSX: FR), currently $4.07
FR recently reported a 30% increase in 3Q silver production to 1,089,481 silver equivalent ounces and a 22% increase in 3Q revenues to $16.8 million. GPR's cash operating costs were down 27% to $5.56 per ounce and they reported a 141% increase in mine operating earnings to $4.1 million. FR's new La Encantada plant is expected to increase production significantly, up to approximately 6.3 million silver equivalent ounces in 2010.
6) Entree Gold (EGI), currently $2.43
EGI is another repeat from my last top 10 list. EGI's joint-venture partner Ivanhoe Mines (IVN) and largest shareholder Rio Tinto (RTP) both signed the long-awaited Oyu Tolgoi Investment Agreement with the Mongolian government in October of 2009. This sets the stage for potential future development of EGI's Lookout Hill portion of the Oyu Tolgoi project, which contains the Hugo North Extension and Heruga deposits. Oyu Tolgoi is the world's largest and richest, undeveloped porphyry copper-gold-molybdenum project.
5) Capital Gold (CGLD), currently $0.891
CGLD's net income last quarter was up 52% over a year ago to $2.939 million. CGLD is now trading with a trailing P/E ratio of less than 16. CGLD is almost done constructing their new leach pad and installing their new crushing and screening module, which are both expected to be operational in January, increasing CGLD's annual production capacity to 70,000 ounces of gold. CGLD recently increased their proven and probable gold reserves by 64.7% to 1,504,000 ounces.
4) Silvercorp Metals (SVM), currently $6.60
SVM is my latest speculative rating of 1 pick. SVM is the largest and lowest cost primary silver producer in China. SVM produced 1.2 million ounces of silver last quarter at a cash cost of negative $6.33 per ounce. SVM has $79 million in cash and no long-term debt. SVM is working to grow its resource base through exploration and acquisitions.
3) DRDGOLD Ltd (DROOY), currently $6.84
DROOY was my #1 pick on my last top ten list and after initially surging 197% in early 2009, DROOY underperformed later in the year after an earthquake damaged their Blyvoor mine and its workers went on strike for several weeks. DROOY recently sold 60% of their Blyvoor mine to Aurora Empowerment Systems for 296 million rand or about $40 million and Aurora agreed to provide the mine with a capital facility of 80 million rand. Aurora's funding will allow the Blyvoor mine to get back to producing high grade gold and DROOY now has the cash needed to boost production of their Crown surface treatment facilities, which have the potential to double the ore processed from 1.2 million to 2.4 million tonnes per month.
2) Bullion Monarch Mining (BULM), currently $0.68
BULM has a royalty agreement with Newmont Mining (NEM) to receive a 1% royalty on NEM's Leeville/East Ore mine. BULM recently reported record quarterly royalty revenue of $1,378,135 with record net income for the quarter of $655,000. If you annualize BULM's net income last quarter you get $2.62 million. BULM's current market cap is only $26.31 million giving it a P/E ratio of 10 based on last quarter's net income annualized.
1) Great Panther Silver (TSX: GPR), currently $0.88
GPR recently reported a 34% increase in 3Q silver production to 597,057 silver equivalent ounces and a 104% increase in 3Q revenues to $8.9 million. GPR's cash operating costs were down 62% to $5.48 per ounce and they reported $4.2 million in quarterly earnings from mining operations. GPR has a three-year strategy to accelerate annual production to 3.8 million silver equivalent ounces and increase NI 43-101 compliant resources to 40 million silver equivalent ounces. I consider GPR to be the most undervalued silver producer with the greatest upside potential.
My firm Lebed Biz LLC was compensated by a third-party (B&D Capital Partners) $20,000 cash for a one-month CUM investor relations contract which has since expired. We could potentially be compensated more for providing investor relations services regarding CUM in the future, although no agreements have been made at this time. My firm Lebed Biz LLC was compensated by a third-party (B&D Capital Partners) $20,000 cash for a one-month GPR investor relations contract which has since expired. We could potentially be compensated more for providing investor relations services regarding GPR in the future, although no agreements have been made at this time. We could potentially be compensated for providing investor relations services regarding BULM in the future, although no agreements have been made at this time.
12.31.09 ***24 Hours from Now***
12:00AM 24 hours from now, I will be releasing my top 10 picks for 2010!
Take a look at how my last top 10 picks list performed from November 3rd, 2008:
1) DRDGOLD Ltd (DROOY), November 3rd, 2008 price: $3.56 High in 2009: $10.59 +197%
2) Gold Double Long ETN (DGP), November 3rd, 2008 price: $12.70 High in 2009: $32.97 +160%
3) Entree Gold Inc (EGI), November 3rd, 2008 price: $0.82 High in 2009: $3.16 +285%
4) Ivanhoe Mines Ltd (IVN), November 3rd, 2008 price: $2.68 High in 2009: $15.19 +467%
5) Silver Wheaton Corp (SLW), November 3rd, 2008 price: $3.70 High in 2009: $17.45 +372%
6) Hecla Mining Co (HL), November 3rd, 2008 price: $2.39 High in 2009: $7.47 +213%
7) Yamana Gold Inc (AUY), November 3rd, 2008 price: $4.66 High in 2009: $14.37 +208%
8) Eldorado Gold Corp (EGO), November 3rd, 2008 price: $4.17 High in 2009: $14.82 +255%
9) iShares Silver Trust (SLV), November 3rd, 2008 price: $9.62 High in 2009: $19.11 +99%
10) Newmont Mining Corp (NEM), November 3rd, 2008 price: $26.30 High in 2009: $56.45 +115%
Average Gain at Highs in 2009: +237%
It's often very difficult if not impossible to buy at our exact pick prices and/or sell exactly at their highs. These are unaudited numbers and may not be exactly accurate. Past performance is not an indicator of future returns.
12.28.09 SVM just broke $7!
9:45AM Silvercorp Metals (SVM), which I announced on December 15th at $6.69 as my new stock-to-watch with a speculative rating of 1, my highest level of confidence, just broke through $7!
SVM is the largest and lowest cost primary silver producer in China! I am extremely confident SVM could become one of our biggest winners of 2010! Research SVM immediately!
12.15.09 New speculative rating of 1 pick: SVM
11:10AM I just posted Silvercorp Metals (SVM), currently $6.69, as my new stock-to-watch with a speculative rating of 1, my highest level of confidence! SVM is the largest and lowest cost primary silver producer in China!
11.30.09 What a day for SEED!
6:45PM Origin Agritech Limited (SEED) hit a new 52-week high today of $13.53 up 608% since I announced it as my huge agriculture stock-to-watch with a speculative rating of 2, my second highest level of confidence, on December 7th at $1.91! SEED traded unbelievable volume of 31,797,812!
11.24.09 The Dollar Bubble: just released!
12:00AM I am thrilled to announce to you right now that The Dollar Bubble was just released a few minutes ago!
Be one of the first to see the eagerly anticipated documentary the whole world will soon be talking about by clicking here.
The best way to give thanks this Thanksgiving week is by telling your friends and family to watch The Dollar Bubble!
11.23.09 Wow, what an unbelievably HUGE day!
4:40PM Origin Agritech Limited (SEED) was the biggest percentage gainer on the NASDAQ today and hit a new 52-week high of $10.58 up 454% since I announced it as my stock-to-watch with a speculative rating of 2, my second highest level of confidence, on December 7th at $1.91! SEED traded record volume of over 44.1 million shares!
Agria Corporation (GRO) hit a new 52-week high today of $4.53 up 175% since I announced it as my stock-to-watch with a speculative rating of 1, my highest level of confidence, on May 18th at $1.65!
DGP, the double-long gold ETN, hit a new 52-week high today of $30.66 up 141% since I announced it as one of my top 10 picks for the next 4 years on November 3rd, 2008, at $12.70!
I started telling you in May of 2008 that you should put 75% of your portfolio into DGP and I am guessing that DGP has outperformed over 95% of all stocks since then!
iShares Silver Trust (SLV) hit a new 52-week high today of $18.61 up 93% since I announced it as one of my top 10 picks for the next 4 years on November 3rd, 2008, at $9.62!
Silver Wheaton Corp (SLW) hit a new 52-week high today of $16.72 up 352% since I announced it as one of my top 10 picks for the next 4 years on November 3rd, 2008, at $3.70!
Hecla Mining (HL) hit a new 52-week high today of $6.77 up 183% since I announced it as one of my top 10 picks for the next 4 years on November 3rd, 2008, at $2.39!
Yamana Gold (AUY) hit a new 52-week high today of $13.90 up 198% since I announced it as one of my top 10 picks for the next 4 years on November 3rd, 2008, at $4.66!
Newmont Mining (NEM) hit a high today of $54.87 up 109% since I announced it as one of my top 10 picks for the next 4 years on November 3rd, 2008, at $26.30!
Barrick Gold (ABX) hit a new 52-week high today of $45.82 up 48% since I made it my stock-to-watch on October 11th, 2008, at $30.03!
IAMGOLD (IAG) hit a new 52-week high today of $20.13 up 108% since I made it my stock-to-watch on January 9th, 2008, at $9.20!
Royal Gold (RGLD) hit a new 52-week high today of $55.55 up 104% since I made it my stock-to-watch on November 18th, 2005, at $25.84!
Congratulations to everybody!
11:00AM Origin Agritech Limited (SEED) is the biggest percentage gainer on the NASDAQ today and just hit a new 52-week high of $9 up 371% since I announced it as my stock-to-watch with a speculative rating of 2, my second highest level of confidence, on December 7th at $1.91!
SEED announced over the weekend that they received approval for the world’s first genetically modified phytase corn!
I predicted this on March 17th in my alert, "Lebed.biz Alert - Why I believe SEED is set to soar!" when I said the following...
"SEED is currently awaiting approval from the Ministry of Agriculture (MOA) for their Phytase corn product. This would mark the first genetically modified organism (GMO) corn product approved for commercialization in China.
Phytase is currently used as a mandatory additive in animal feed in Europe, Southeast Asia, South Korea, Japan, and Taiwan for environmental purposes. It is used to breakdown phytic acid in corn, which holds 60% of the phosphorus in corn. Phytase increases phosphorus absorption in animals by 60%.
SEED's product will allow animal feed producers the ability to eliminate purchasing phytase and corn separately. It will eliminate the need for mixing the two ingredients together, saving time, machinery, and labor for the animal feed producers.
According to the China Feed Industry Study, the corn seed market in China is worth $1 billion and the potential market size for SEED's Phytase product alone could be $200 million annually.
China's government recently approved a comprehensive $3 billion GMO implementation program supporting GMO seed products!"
Congratulations to everybody! Our success is unbelievable!
11.22.09 The Dollar Bubble is almost complete!
6:15PM The Dollar Bubble is almost complete. I can't promise you anything but I am hoping to see it released sometime within the next few days so that you can share it with your family on Thanksgiving.
Trust me, this is the most important economic documentary ever produced in world history. I spent hundreds of hours helping produce it and I was just one small part of the team.
11.21.09 The Dollar Bubble, be ready!
4:15PM I am pleased to announce the name of the documentary I have been spending 14 hours per day helping produce... The Dollar Bubble. I promise this will be the most shocking, informative and educational economic documentary ever produced in the history of the world.
You will learn more in a half hour by watching The Dollar Bubble than economics majors at Harvard learn their entire time as a student. Hopefully everybody in Congress will watch so we can help educate them to the truth about the economy.
Most Americans have been brainwashed into believing the financial collapse of October 2008 through March 2009 was a once in a lifetime panic and now the worst is behind us and our economy is getting back to "normal".
Unfortunately, they don't know what normal is... because they have been living inside of a bubble, The Dollar Bubble, which is getting ready to burst and when it does, the whole economic system will collapse and come to an end.
Be ready for The Dollar Bubble - coming soon!
11.16.09 What an INCREDIBLE day! Wow!
4:30AM Gold hit a new all time high today of $1,143.25 per ounce!
DGP, the double-long gold ETN, hit a new 52-week high today of $29.26 up 130% since I announced it as one of my top 10 picks for the next 4 years on November 3rd, 2008, at $12.70!
I started telling you in May of 2008 that you should put 75% of your portfolio into DGP and I am guessing that DGP has outperformed over 95% of all stocks since then!
Silver hit a new 52-week high today of $18.45 per ounce!
iShares Silver Trust (SLV) hit a new 52-week high today of $18.13 up 88% since I announced it as one of my top 10 picks for the next 4 years on November 3rd, 2008, at $9.62!
Silver Wheaton Corp (SLW) hit a new 52-week high today of $16 up 332% since I announced it as one of my top 10 picks for the next 4 years on November 3rd, 2008, at $3.70!
Hecla Mining (HL) hit a new 52-week high today of $5.94 up 149% since I announced it as one of my top 10 picks for the next 4 years on November 3rd, 2008, at $2.39!
Eldorado Gold Corp (EGO) hit a new 52-week high today of $13.89 up 233% since I announced it as one of my top 10 picks for the next 4 years on November 3rd, 2008, at $4.17!
Yamana Gold (AUY) hit a new 52-week high today of $13.27 up 185% since I announced it as one of my top 10 picks for the next 4 years on November 3rd, 2008, at $4.66!
Newmont Mining (NEM) hit a high today of $53 up 102% since I announced it as one of my top 10 picks for the next 4 years on November 3rd, 2008, at $26.30!
Barrick Gold (ABX) hit a new 52-week high today of $44.46 up 48% since I made it my stock-to-watch on October 11th, 2008, at $30.03!
IAMGOLD (IAG) hit a new 52-week high today of $19.12 up 108% since I made it my stock-to-watch on January 9th, 2008, at $9.20!
Royal Gold (RGLD) hit a new 52-week high today of $52.75 up 104% since I made it my stock-to-watch on November 18th, 2005, at $25.84!
2:55AM Gold futures are up another $13 to $1,130 per ounce this evening! The U.S. dollar collapse I have long been predicting is beginning right now!
I am in LA working day and night on the sequel to Hyperinflation Nation!
The whole world will be talking about this new earth-shattering documentary when it is released sometime within the next few weeks! Be ready! I promise you will be shocked and astonished when you see it!
This will be the best economic documentary ever produced in the history of the world! I guarantee it!
Best,
Jonathan Lebed
11.9.09 Incredible day! Important announcement!
5:40PM Today was a huge day with gold soaring to a new all time high of $1,111.70 per ounce and silver reaching a two-week high of $17.78 per ounce!
My predictions I have been making for years are beginning to come true and there is just so much going on right now with the economy that I believe now is a perfect time to make a sequel to Hyperinflation Nation. In fact, I am already beginning to work on it now and hope to have it ready either late November or early December!
DGP, the double-long gold ETN, hit a new 52-week high today of $27.64 up 118% since I announced it as one of my top 10 picks for the next 4 years on November 3rd, 2008, at $12.70!
I started telling you in May of 2008 that you should put 75% of your portfolio into DGP and I am guessing that DGP has outperformed over 95% of all stocks since then!
Ocean Power Technologies (OPTT) hit a new 52-week high today of $10.17 up 62% since I announced it as my stock-to-watch with a speculative rating of 1, my highest level of confidence, on May 27th at $6.26!
Silver Wheaton Corp (SLW) hit a new 52-week high today of $14.92 up 303% since I announced it as one of my top 10 picks for the next 4 years on November 3rd, 2008, at $3.70!
Eldorado Gold Corp (EGO) hit a new 52-week high today of $13.54 up 225% since I announced it as one of my top 10 picks for the next 4 years on November 3rd, 2008, at $4.17!
Endeavour Silver Corp (EXK) hit a new 52-week high today of $3.42 up 122% since I made it my stock-to-watch with a speculative rating of 2, my second highest level of confidence, on February 19th at $1.54!
Hecla Mining (HL) hit a new 52-week high today of $5.67 up 137% since I announced it as one of my top 10 picks for the next 4 years on November 3rd, 2008, at $2.39!
Newmont Mining (NEM) hit a high today of $51.30 up 95% since I announced it as one of my top 10 picks for the next 4 years on November 3rd, 2008, at $26.30!
First Majestic Silver (FR-T) hit a new 52-week high today of $3.65 up 67% since I made it my stock-to-watch on February 19th at $2.18!
Capital Gold Corp (CGLD) hit a new 52-week high today of $0.93 up 138% since I sent out my special alert about it on December 17th at $0.39 predicting it would be the next Gold stock to take off!
Barrick Gold (ABX) hit a new 52-week high today of $43.50 up 45% since I made it my stock-to-watch on October 11th, 2008, at $30.03!
IAMGOLD (IAG) hit a new 52-week high today of $17.87 up 94% since I made it my stock-to-watch on January 9th, 2008, at $9.20!
Royal Gold (RGLD) hit a new 52-week high today of $52.43 up 103% since I made it my stock-to-watch on November 18th, 2005, at $25.84!
12:15PM Ocean Power Technologies (OPTT) just hit a new 52-week high of $10 up 60% since I announced it as my stock-to-watch with a speculative rating of 1, my highest level of confidence, on May 27th at $6.26!
OPTT just announced on Friday that it has received a A$66.46 million grant from the Federal Government of Australia to build a 19 MW wave power project off the coast of Victoria, Australia!
Congratulations to everybody!
10.26.09 GRUS hits $10.44 we up 1,086%!
5:00PM Gulf Resources (GRUS - formerly GFRE) hit a new 52-week high today of $10.44 up 1,086% since I announced it as my stock-to-watch with a speculative rating of 1, my highest level of confidence, on December 13th at a split adjusted price of $0.88!
GRUS gapped up the morning after my announcement to $1.36 and it never looked back. GRUS was perhaps the market's biggest winner and best growth story of the past ten months!
Here is a quote from my original alert about GRUS, "(GRUS) is one of the biggest discoveries of my life and I doubt you will see this stock trading at these levels ever again. I never tell you to buy any stock... but if there was ever a stock that I strongly suggest you should consider buying immediately... this is it right here."
Congratulations to everybody! Our success is unbelievable!
10.22.09 Wow! SGAS hits $1.39 we up 239%!
12:50PM Sino Gas International (SGAS) just hit a new 52-week high of $1.39 up 239% since I announced it as my stock-to-watch with a speculative rating of 2, my second highest level of confidence, on August 4th at $0.42! Congratulations to everybody!
11:45AM Sino Gas International (SGAS) just hit a new 52-week high of $1.25 up 198% since I announced it as my stock-to-watch with a speculative rating of 2, my second highest level of confidence, on August 4th at $0.42!
10.21.09 BULM could surge much higher shortly!
1:00PM In the precious metals royalties business we have two market leaders. Royal Gold (RGLD) is the largest gold royalty company and Silver Wheaton (SLW) is the largest silver royalty company. Both RGLD and SLW have been huge winners for Lebed.biz members.
RGLD is currently trading for 26 times sales and SLW is trading for 30 times sales. These price/sales ratios may seem high, but they're really not because precious metals royalty companies receive royalties on gold and silver mines but they don't have to pay for any of the production costs!
I believe Bullion Monarch Mining (BULM) is the biggest precious metals royalty opportunity at this time!
BULM is receiving a 1% royalty from Newmont Mining (NEM)'s Leeville/East Ore mine. According to NEM, the mine is producing 3,200 tons of ore per day with 0.41 ounces gold per ton of ore. That's 1,312 ounces of gold per day or 478,880 per year.
With $1,065 gold, that's $510 million per year in revenues to NEM of which BULM's 1% royalty would equal $5.1 million.
If we take the median of RGLD and SLW's price/sales ratios we get 28. Imagine what a 28 price/sales ratio would mean for BULM. With $5.1 million in annual revenues possible, that's a potential market cap of $142.8 million.
With 38.7 million shares outstanding that would equal a potential share price for BULM of $3.69 per share.
Remember, I am not an analyst and I am not making any projections or target prices. Do your own research and make your own investment decisions.
We have not been compensated for BULM. We could potentially be compensated for providing investor relations services regarding BULM in the future, although no agreements have been made at this time.
10.20.09 SGAS hits $1.13! Congratulations to everybody!
10:20AM Sino Gas International (SGAS) just hit $1.13 up 169% since I announced it as my stock-to-watch with a speculative rating of 2, my second highest level of confidence, on August 4th at $0.42!
10.16.09 BULM now a 100% perfect technical buy!
3:40AM According to Barchart.com, BULM is now a 100% perfect technical buy! See for yourself here.
That's right, all 13 of BULM's short, medium and long-term technical indicators are now a buy!
We have not been compensated for BULM. We could potentially be compensated for providing investor relations services regarding BULM in the future, although no agreements have been made at this time.
10.15.09 I am extremely confident about BULM!
4:30PM Bullion Monarch Mining (BULM) was up 15% today to a record close of $0.92 and is now up 142% since I made it my stock-to-watch with a speculative rating of 1, my highest level of confidence, on June 1st at $0.38!
12:00AM Call your friends and family members tonight... tell them to write down the symbol BULM and check back to see where it is trading at the end of 2009 compared to where it is now!
I cannot express in words how undervalued I believe BULM is here at $0.80.
BULM is receiving a 1% royalty from Newmont Mining (NEM)'s Leeville/East Ore mine. BULM's 2009 revenues reached $3.725 million with net income of $1.7 million!
BULM has been buying back their own stock. Current shares outstanding are only 38.7 million giving BULM a market cap of just $31 million. This means BULM is trading for only 18 times 2009 net income!
With gold at $1,065 per ounce, if gold prices average a 25% higher price in fiscal year 2010 than fiscal year 2009, common sense says we could potentially see BULM's net income rise to $2.125 million or more this year. NEM currently has a P/E of 39. That same P/E with potential net income of $2.125 million would value BULM with a $83 million market cap or around $2.14 per share.
Therefore, I believe BULM is extremely undervalued just with their 1% royalty on the Leeville/East Ore mine from NEM alone, but there is a tremendous amount of hidden value here that not many people know about.
First of all, BULM believes NEM owes them royalties on a 256 square mile of interest in the renowned Carlin Gold Trend in Northeastern Nevada, surrounding the Leeville/East Ore mine. BULM's lawyers are representing the company on a contingency basis to seek these royalties and the court recently denied NEM's claim that a 1993 Nevada court proceeding and judgment invalidated or adjudicated BULM's additional royalty interest.
BULM recently named Barrick Gold (ABX) as an additional defendent in the lawsuit. While it is impossible the predict the outcome of the proceedings, if BULM is successful it could mean a substantial increase in royalties from NEM.
BULM owns 80% of EnShale, Inc., which has licensed the rights to patent #6,709,573 for extracting oil from shale. EnShale has acquired leases on 4,650 acres of state-owned land in Eastern Utah. Gary Aho, a geologist with significant experience in oil shale and mining, has estimated the oil resource on this land at 666 million barrels.
EnShale has completed fabrication of a pre-production plant and has stockpiled 5,000 tons of oil shale that has been crushed and screened and readied for processing. EnShale's processing plant is designed to produce up to 150 barrels of oil per day at full production. EnShale will be conducting various tests with its demonstration plant to prove out its proprietary process and complete its design.
There are a couple of companies we have profiled in the past with oil shale extraction technology or oil shale leases, and these companies currently have market caps above $50 million. It is my belief that BULM's interest in EnShale is currently receiving almost no valuation at all, but certainly has the potential to add significant valuation to BULM's market cap.
BULM has rights to receive a 3% royalty from NEM's Maggie Creek Property. This property is not yet in production but is adjacent to NEM’s Gold Quarry mine, which is a producing gold mine.
BULM owns a lead, silver and copper property located in Ophir, Utah, and is currently entertaining offers from Kennecott Copper and others to explore it.
BULM owns 1% of Gold Mountain Exploration and Development Company and will be receiving an additional 9% interest shortly. Gold Mountain's main asset is a 50% interest in the Sumpter Oregon gold property which consists of 13 patented mining claims located approximately 10 miles west of Sumpter, and 40 miles southeast of Baker City in Eastern Oregon. During fiscal year 2010, BULM plans to attempt to acquire a larger interest in Gold Mountain.
BULM has a deal with Dourave Brazil and is currently paying them $80,000 per month for 22 months to acquire a 1/3 interest in the Bom Jesus and Bom Jardine mining properties in the State of Para, in Northern Brazil. Dourave Brazil is an extremely capable exploration company with the expertise needed to bring a mine into production.
BULM could be the biggest undiscovered gold gem in the market today!
We have not been compensated for BULM. We could potentially be compensated for providing investor relations services regarding BULM in the future, although no agreements have been made at this time.
10.14.09 I am extremely confident about SGAS!
5:10PM Sino Gas International (SGAS) was up 48% today to $0.90 on huge volume of 444,236!
SGAS hit a high earlier in the day of $0.99 up 136% since I announced it as my stock-to-watch with a speculative rating of 2, my second highest level of confidence, on August 4th at $0.42!
This comes just one day after my speculative rating of 1 pick Ocean Power Technologies (OPTT) surged 45% in a single day!
Congratulations to everybody! Our success is unbelievable!
12:05AM Call your friends and family members tonight... tell them to write down the symbol SGAS and check back to see where it is trading at the end of 2009 compared to where it is now!
I cannot express in words how undervalued I believe SGAS is here at $0.61.
With our SNEN being acquired, SGAS is now my absolute favorite China stock.
SGAS's market cap at $0.61 is only $19 million when their trailing net income is $2.755 million! That's a P/E of less than 7 when SGAS is now entering their strong season and grew their customer base last year by 36%!
The value of SGAS's already installed gas pipelines alone is $26.9 million. SGAS has a book value of $1.87! That's right, the stock is currently trading for less than 1/3 of book value when the company is extremely profitable!
I consider SGAS to be an extremely safe play. 60% of SGAS's revenues last quarter came from sales of natural gas, mainly to households. These are recurring revenues that SGAS will continue to receive unless people want to stop paying their natural gas bills and freeze to death. The other 40% came from new connections to their natural gas distribution network. SGAS connected 7,218 new residential households last quarter compared to 5,848 in the same quarter one year ago!
10.13.09 OPTT biggest gainer in market today!
5:20PM My speculative rating of 1 pick Ocean Power Technologies (OPTT) was the BIGGEST percentage gainer in the entire market today!
OPTT hit a high of $8.79 up 40% since I announced it as my stock-to-watch with a speculative rating of 1, my highest level of confidence, on May 27th at $6.26!
OPTT announced a deal today with Lockheed Martin to develop wave energy systems for use in future utility-scale power generation projects!
Congratulations to everybody!
10.12.09 SNEN being acquired for $1.90!
10:10AM Sinoenergy Corporation (SNEN), which I made my stock-to-watch with a speculative rating of 2, my second highest level of confidence, on July 23rd at $1.49, just announced this morning they are being acquired by Skywide Capital Management Limited for $1.90 per share!
10.9.09 SGAS looks ready for major breakout...
1:20PM Sino Gas International (SGAS) is probably my favorite China stock at this time. It looks ready for a major breakout here at $0.52, in my opinion!
This company is slowly becoming discovered and is a true undervalued gem!
SGAS owns and operates 37 natural gas distribution systems serving approximately 100,900 residential and five commercial and industrial customers in China!
SGAS's net income during the last 12 months has been $2.755 million. Fully diluted, SGAS has 31.3 million shares outstanding giving it a market cap at $0.52 of $16.28 million and a trailing P/E of less than 6!
SGAS has shareholder equity of $58.6 million giving it a fully diluted book value of around $1.87 per share! SGAS has no long-term debt!
SGAS's residential customer base grew last year by an unbelievable 36% and we are now entering SGAS's strong season!
10.8.09 Wow, what a HUGE day we had!
6:40PM Gold hit a new all time high today of $1,061 per ounce while silver hit a new 52-week high of $17.955 per ounce!
Silver Wheaton Corp (SLW) hit a new 52-week high today of $14.17 up 283% since I announced it as one of my top 10 picks for the next 4 years on November 3rd at $3.70!
Coeur d`Alene Mines (CDE) hit a new 52-week high today of $23.50 up 273% since I made it my stock-to-watch with a speculative rating of 1, my highest level of confidence, on March 10th at $6.30!
Nevsun Resources (NSU) hit a new 52-week high today of $3 up 400% since I made it my stock-to-watch on October 11th at $0.60!
Yamana Gold (AUY) hit a new 52-week high today of $12.42 up 167% since I announced it as one of my top 10 picks for the next 4 years on November 3rd at $4.66!
Eldorado Gold Corp (EGO) hit a new 52-week high today of $12.42 up 198% since I announced it as one of my top 10 picks for the next 4 years on November 3rd at $4.17!
Hecla Mining (HL) hit a new 52-week high today of $5.10 up 113% since I announced it as one of my top 10 picks for the next 4 years on November 3rd at $2.39!
PowerShares DB Gold Double Long ETN (DGP) hit a new 52-week high today of $25.43 up 100% since I announced it as one of my top 10 picks for the next 4 years on November 3rd at $12.70!
iShares Silver Trust (SLV) hit a new 52-week high today of $17.62 up 83% since I announced it as one of my top 10 picks for the next 4 years on November 3rd at $9.62!
Congratulations to everybody!
10.7.09 New Stock to Watch
9:40AM I just posted a new stock to watch with a speculative rating of 1, my highest level of confidence!
10.6.09 Gold hits new all time high of $1,042!
6:25PM Ivanhoe Mines (IVN) hit a new 52-week high today of $13.70 up 411% since I announced it as one of my top 10 picks for the next 4 years on November 3rd at $2.68!
Silver Wheaton Corp (SLW) hit a new 52-week high today of $13.83 up 274% since I announced it as one of my top 10 picks for the next 4 years on November 3rd at $3.70!
Coeur d`Alene Mines (CDE) hit a new 52-week high today of $22.37 up 255% since I made it my stock-to-watch with a speculative rating of 1, my highest level of confidence, on March 10th at $6.30!
Nevsun Resources (NSU) hit a new 52-week high today of $2.50 up 317% since I made it my stock-to-watch on October 11th at $0.60!
PowerShares DB Gold Double Long ETN (DGP) hit a new 52-week high today of $24.64 up 94% since I announced it as one of my top 10 picks for the next 4 years on November 3rd at $12.70!
10:40AM Gold just hit a new all time high of $1,042 per ounce! I have been telling you to Sell Real Estate and Buy Gold since 2005 when Gold was around $450 per ounce and today Gold is the only type of asset in the world that is at a new all time high!
Last year during the financial crisis, the world misread the situation and bought U.S. dollars as a safe haven... when I was telling you the U.S. dollar is the riskiest asset of all and Gold is the only real safe haven!
It looks like the world is finally waking up and figuring out what I have been telling you for years! This is just the beginning of Gold Mania!
10.5.09 EGI and IVN new 52-week highs! Congratulations!
4:30PM Entree Gold (EGI) hit a new 52-week high today of $3.16 up 285% since I announced it as my #3 pick for the next 4 years on November 3rd at $0.82!
Ivanhoe Mines (IVN) hit a new 52-week high today of $13.37 up 399% since I announced it as my #4 pick for the next 4 years on November 3rd at $2.68!
Congratulations to everybody!
10.2.09 What a HUGE week we had!
6:50PM It was announced this week that our Sunair Services Corporation (SNR) is being acquired for $2.75 per share in cash! I predicted this buyout when I made SNR my stock-to-watch with a speculative rating of 2, my second highest level of confidence, on April 7th at $1.75!
Gulf Resources (GFRE) hit a high this week of $1.99 up 805% since I announced it as my stock-to-watch with a speculative rating of 1, my highest level of confidence, on December 13th at $0.22 and up 485% from its opening price on December 15th of $0.34!
Entree Gold (EGI) hit a high this week of $2.95 up 260% since I announced it as my #3 pick for the next 4 years on November 3rd at $0.82!
Congratulations to everybody!
(We have not been compensated for SNR. A SNR shareholder has referred us investor relations business concerning other companies worth approximately $345,000. We expect this shareholder to continue to refer us more investor relations business in the future. This could be a conflict of interest and you should assume that our opinion on SNR is biased.)
9.29.09 Our SNR being acquired! I predicted it!
2:20PM It was just announced today that Massey Services is acquiring Sunair Services Corporation (SNR) for $2.75 per share in cash!
I predicted this buyout on April 7th when I made SNR my stock-to-watch at $1.75 and gave it a speculative rating of 2, my second highest level of confidence! Congratulations to everybody! This is insane!
(We have not been compensated for SNR. A SNR shareholder has referred us investor relations business concerning other companies worth approximately $345,000. We expect this shareholder to continue to refer us more investor relations business in the future. This could be a conflict of interest and you should assume that our opinion on SNR is biased.)
9.15.09 IVN hits new 52-week high we up 370%!
12:45PM Ivanhoe Mines (IVN) just hit a new 52-week high of $12.60 up 370% since I announced it as my #4 pick for the next 4 years on November 3rd at $2.68! Congratulations to everybody!
9.11.09 Our economy has OVERDOSED, yes OD'd!
2:10AM Our economy has OVERDOSED on money printing. If you compare the U.S. economy to a heroin addict... we are at the point where you feel just about as good as you can possibly feel... right before you die from doing too much of it. I believe the entire stock market is near a top... except for gold and silver stocks which will likely rise tens of thousands of percent higher.
I was in NYC on Thursday and stopped by the Rodman & Renshaw conference... and the people there looked high as a kite. The investment bankers on Wall Street are getting rich again... but have absolutely no clue what is about to transpire. They act like the financial crisis last year never even happened. They think Bernanke solved everything, our economy is perfectly fine, and a new secular bull market has arrived.
The prices of stocks can do ANYTHING priced in dollars... because our currency is not real, it's all an illusion. The Dow can go to 15,000 next year but if Gold also goes to $3,750 per ounce... the Dow will actually be down 58% priced in real money.
I am seeing countless signs every day that our stock market is in a BUBBLE and I have never been more bearish than I am right now. When you see natural gas, the fundamentally weakest commodity, bounce 25% in the past week and now airline stocks starting to rally... you know a major disaster is ahead.
There is an OVERWHELMING amount of excess liquidity sitting on the sidelines thanks to Bernanke holding interest rates at 0% for the past nine months. This money won't go into overvalued stocks forever. In order for stocks to continue rising, their fundamentals need to improve... but U.S. stock fundamentals won't improve until jobs are created.
NO jobs for the poor and middle class are being created. These are the people who Obama and Bernanke promised to help. Instead, Obama and Bernanke have stolen their money and transferred it to Wall Street. Goldman Sachs is getting ready to pay out $11 billion in bonuses this year when they produced NOTHING to earn this money. They simply gambled with Main Street's money just like they were doing before the collapse last year.
The major banks like JP Morgan that are short gold and silver... are trying DESPERATELY to manipulate gold and silver prices down. They think if they can hold gold below $1,000 and knock it down $10 or $15, the leveraged up hedge funds will get frustrated and sell it off to $900. It worked 3 times so far but I doubt it will work this time. The world is waking up and realizing that gold and silver are the only real safe havens.
It is my understanding that JP Morgan got the backing for their short positions though derivatives from China and now China is making plans to default on their derivative contracts. If this takes place, JP Morgan's short position in gold and silver will be exposed as a naked short position that must be covered.
The reason there is such a huge discrepancy between the paper and physical gold and silver prices is because of these naked short positions. Try to buy a 1 oz gold or silver coin on eBay and you will pay anywhere from a 5% to 25% premium over the spot price. This tells me the major banks have sold more gold and silver in the paper markets than what actually exists.
Some people are criticizing me saying our success in 2009 is only because the market has been doing so well. I have clearly proven that I have a real stock and options picking strategy that I have stuck with since 2005. If you don't see this by now... then don't judge me by my performance this year. Judge me by my performance once things get bad again.
I don't flip flop like everybody else out there. I see guys on CNBC like Dennis Gartman who say they are bullish on gold right after every rally and then bearish on gold right after every decline. They flip flop depending on which way the wind blows. I never flip flop, my strategy is for the long-term and it will stay the same until we see hyperinflation... which is just about inevitable at this point.
Most of America believes that because our country has operated with a huge national debt and increasing budget deficits for so long... we can just keep on doing it forever. Nothing can be further from the truth. Eventually interest rates will go up and when they do... just the interest payments on our national debt will be trillions of dollars per year.
I don't know how Obama could even be considering health care reform at a time like this. Obama needs to spend 100% of his time working to reduce the size of government and cut government spending. But instead, every action he takes is setting up a disaster down the road that we will never recover from.
I am waking up early Saturday morning and taking a train over to Washington DC for the 9/12 March on Washington.
You might think I want Obama and Bernanke to keep doing what they are doing because it guarantees our investment strategy will succeed... but here's the thing... even if they reverse course immediately we will still probably see $5,000 per ounce gold and $300 per ounce silver.
If they stay on the same path the dollar will become so worthless than we could see gold and silver go to billions of dollars per ounce. I don't want that to happen because at that point we will see civil unrest, food shortages, martial law, etc... and millions of Americans will be forced to emigrate. Nobody in their right mind wants to see that.
9.10.09 Our UNG calls up 83% in one week!
3:40PM Last Thursday morning I picked the January 2010 UNG $10 call option at $1.15 and it just hit $2.10 for a gain of 83%!
9.09.09 Our UNG calls up 65% since Thursday!
10:10AM On Thursday morning I picked the January 2010 UNG $10 call option at $1.15 and it just hit $1.90 for a gain of 65%!
9.08.09 Our UNG calls up 43% since Thursday!
11:40AM On Thursday morning I picked the January 2010 UNG $10 call option at $1.15 and it just hit $1.65 for a gain of 43% already!
Usually my timing is not perfect, but with this option play it couldn't have been any more impeccable! I predicted Thursday would be the final wash out day for natural gas and was right!
Natural gas inventories may now be at record highs, but inventories are so high that there is no where left to store it. The fundamentals for natural gas have gotten so bad that they only have room to improve. A cold winter could be coming up and many natural gas producers are on the verge of going bankrupt. Supplies will surely decline at the same time that Boone Pickens is urging the U.S. to power automobiles with natural gas!
9.04.09 Our UNG calls already up big!
2:50PM Yesterday morning I picked the January 2010 UNG $10 call option at $1.15 and today it is already up to $1.40 for a gain of 22%!
I think this rebound in natural gas is just getting started! We had a very mild summer, but it is possible we could have a very cold winter. Regardless, the world won't be flooded with natural gas forever. Boone Pickens is pushing to have automobiles in the U.S. powered by natural gas and demand will surely pick up. Plus, many natural gas producers are likely to close up operations if prices stay this low, meaning supply will drop dramatically. The perfect storm is coming for a huge surge in natural gas prices over the long-term!
9.03.09 Gold and Silver Mania is Beginning!
8:00PM Somebody emailed me the other day a quote from Warren Buffett, "Gold gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head."
Well, Warren Buffett needs to wake the f&@k up because if I was in space looking down at the U.S., I would be scratching my head about Americans using a printing press to create fiat money and then walking around believing one piece of paper is worth more than another because it has an extra zero printed on it.
Last year during the U.S. financial crisis when the stock market collapsed, the world rushed out of stocks and into U.S. dollars. I said repeatedly that they escaped a hurricane but are now in the path of a tornado, because the real crisis that we need to be concerned about is the hyperinflation that will come as a result of the government trying to prevent a recession. Americans bought dollars because they were looking for a safe haven, but dollars are actually more risky than stocks because they represent no real value at all. Gold and Silver are the only real safe havens out there and finally the world is beginning to wake up and figure it out.
It's funny watching CNBC and seeing how stupid they are. They are trying to figure out why Gold and Silver prices are skyrocketing and are clueless. One guest today chalked it up to Indian wedding season coming up, LOL. Then, when they finally got frustrated about trying to figure out why Gold and Silver are rising, they spent the rest of the show arguing about whether the economy is having a "U", "V", or "W" shaped recovery.
I got news for CNBC, the economy is not recovering! We are in a brief period of euphoria because the massive money printing by the Federal Reserve has driven stock prices up to artificially high levels, but now that Gold and Silver prices are rising, these stock market gains will quickly evaporate when valued in real money. The only time we can truly talk about the stock market reaching a bottom is when the Dow bottoms at one ounce of Gold. If we see the Dow fall to 5,000 and Gold rise to $5,000 per ounce, then maybe we will be close to a bottom for stocks.
We've seen the Dow/Gold ratio fall from a high of 44 in 1999 to a low of 7 a few months ago, before rallying back to 10 and then to its current level of 9.4. In 1973, we saw a similar bounce in the Dow/Gold ratio from 7 to 10, but then the next move was down to 4. I think it's very likely a move in the Dow/Gold ratio to 4 is likely in 2010 which means if the Dow stays around 9,000 we would be looking at $2,250 per oz Gold.
Historically, during periods of high inflation, Silver prices have soared at a much faster rate than Gold. The Gold/Silver ratio is currently 61, but it always returns to 16. If we see $2,250 per oz Gold next year and the Gold/Silver ratio returns to just 30, we could be looking at $75 per ounce Silver.
My new huge Silver play that I will soon be announcing is currently producing Silver at less than $6 per ounce and their production is growing rapidly! This is my top Silver pick for the next decade and I believe it could become our biggest Silver winner of all time!
2:15PM Gold prices were up $22 to $978.50 per ounce on Wednesday and are up another $19.20 to $997.70 per ounce today!
DGP, the double-long Gold ETN, is up another $0.65 today to $22.50!
The Silver ETF (SLV) just hit a new 52-week high of $16.02!
This could be the big rally getting underway that I have long been predicting! Gold and Silver Mania is coming!
10:15AM I believe UNG call options are an excellent opportunity here. I believe UNG is due for a huge bounce and today could be the final wash out.
Natural gas inventory numbers will be out at 10:30AM. It might be a good idea to get some calls now and then average down if UNG falls more after the numbers are out.
I like the UNG January 2010 $10 calls here at $1.15.
9.01.09 Time to consider AAPL puts!
12:20PM I like the Apple (AAPL) January 2010 $150 puts here at $8.
Everybody I know who purchased an Apple iPhone is getting rid of their iPhone and switching to RIMM's Blackberry. We are also seeing many companies like PALM, NOK, and GRMN come out with new high-tech smart phones to compete with AAPL's iPhone.
On average, 35 analysts are projecting AAPL will grow revenues by 10.2% this year to $35.79 billion and by 17.4% in 2010 to $42.01 billion.
With AAPL rallying from a low of $78.20 to its current price of about $167, I believe these projections are already factored into the price of the stock and it will be impossible for AAPL to meet these numbers.
AAPL's products have saturated the U.S. market. Everyone who wants an iPhone or iPod already has one and with unemployment continuing to rise, they are the last thing Americans need to spend their money on.
In my opinion, AAPL is likely to miss on upcoming earnings estimates and the stock will crash from these levels.
8.28.09 Debt Slave is now out!
9:20PM Debt Slave is getting rave reviews from just about everybody who watches it!
I worked on it day and night for two weeks straight and believe it came out absolutely incredible! Spread the word to everybody you know!
9:20PM Debt Slave will probably be the most shocking and controversial movie you have ever seen about the economy, but it needs to be that way... because we need to wake the country up so that Americans are no longer brainwashed by CNBC and the rest of the mainstream media.
Be ready at 3PM EST tomorrow for the release of Debt Slave!
8.26.09 Debt Slave, my new movie is coming Friday!
11:15PM The last movie I helped produce, Hyperinflation Nation, has been an overwhelming success with 175,000 people watching it in less than two months!
I have been helping produce a new movie, Debt Slave, and it will be released on Friday!
Debt Slave will expose how Americans are under the mental control of the mainstream media and have been setup as sheep to be slaughtered. The movie is a wake up call for Americans to question everything they hear in the mainstream media and prepare for the real economic crisis that is ahead!
I believe you will love Debt Slave and tell everybody you know to watch it!
8.25.09 Our IVN and EGI market's biggest gainers today!
10:10AM My #4 pick for the next 4 years Ivanhoe Mines (IVN) is the NYSE's biggest percentage gainer today and my #3 pick for the next 4 years Entree Gold (EGI) is the AMEX's biggest percentage gainer today!
IVN just hit $10.63 up 297% since I announced it as my #4 pick for the next 4 years on November 3rd at $2.68!
EGI just hit $2.48 up 202% since I announced it as my #3 pick for the next 4 years on November 3rd at $0.82!
We never before had the top percentage gainer on both the NYSE and AMEX at the same time! Congratulations!
8.20.09 Our copper plays skyrocketing! Unbelievable!
5:35PM My two copper exploration plays from my top 10 picks for the next 4 years, IVN and EGI, are both skyrocketing!
IVN hit a high today of $9.30 up 247% since I announced it as my #4 pick for the next 4 years on November 3rd at $2.68!
EGI closed today at $1.57 up 91% since I announced it as my #3 pick for the next 4 years on November 3rd at $0.82!
China has been using their foreign currency reserves to load up on the copper needed to build their massive infrastructure and economic-development projects! IVN and EGI's prospects are located in Mongolia, which is right above China!
8.15.09 ***New Put Option Play***
5:35PM The only put option play I announced in 2009 so far, the JPMorgan (JPM) September $20 put, was a complete disaster and will likely expire worthless.
My previous 11 put option plays from 2008 were huge winners including the JPMorgan (JPM) March $40 put which gained at its high by 534%, the Toll Brothers (TOL) December $20 put which gained at its high by 465%, and the Lehman Brothers (LEH) July $35 put which gained at its high by 698%.
I only announced 1 put option play in 2009 compared to 11 in 2008 because I knew the market was going to rally big. Today, I believe the market is overbought and we need to once again start considering put options for the next crash.
My new put option play is the Ford Motor Co. (F) January $7.50 put, currently trading for $1.14.
F, at its current price of $7.83, is trading above where it was in July of 2006 during the height of the real estate boom when Americans were able to take out unlimited home equity loans to buy cars. F has seen huge dilution since then, there are about 74% more shares outstanding today than in July of 2006.
F fell to as low as $1.01 in November of 2008 and was below $6 just one month ago. I believe F is artificially high today due to the government's "cash for clunkers" program.
Just in case you aren't familiar with "cash for clunkers", the government is paying Americans $4,500 to trade in their used car if they purchase a new car.
While this will artificially inflate F's sales in the short-term, I believe it is already factored into the price of the stock and as soon as the program is over... F's sales will collapse to below where they were before the program began.
I can't see how F could possibly go much higher than it is today and believe it has tremendous downside risk.
8.11.09 SNEN hit $2.63 up 77% since July 22nd!
4:45PM Sinoenergy Corporation (SNEN) hit a high of $2.63 today up 77% from its July 22nd closing price of $1.49! As you know, I announced SNEN on the morning of July 23rd as my new stock to watch with a speculative rating of 2, my second highest level of confidence! Congratulations to everybody!
4:35AM Sinoenergy Corporation (SNEN)'s closest publicly traded comparison is Clean Energy Fuels Corp (CLNE).
CLNE does almost the exact same thing as SNEN, but while SNEN is in China... CLNE is in the U.S. and their largest shareholder is Boone Pickens who owns about 53% of the company.
Boone Pickens is one of the most successful oil investors of all time and while he has given up on building his wind farm... he is pushing full speed ahead with CLNE because he knows natural gas is the fuel of the future for vehicles around the world because it is cheaper and cleaner than crude oil!
CLNE has a market cap of around $510.92 million with revenues during the most recent twelve months of $129.77 million and a net loss of $41.92 million.
SNEN has a market cap of around $34.75 million with revenues during the most recent twelve months of $47.3 million and a net profit of $9.76 million.
CLNE is trading for 3.94 times sales and they are losing tons of money!
If SNEN traded for 3.94 times sales the stock would be $11.69 per share!
CLNE is also trading for 2.34 times book value!
SNEN has a book value of $3.67 per share. If SNEN traded for 2.34 times book value the stock would be $8.59 per share!
While SNEN is down about 68% from a year ago, CLNE is down only 30%. The reason for the discrepancy is simple... one of SNEN's largest shareholders was a hedge fund that went out of business and was forced to liquidate all of their shares while CLNE's largest shareholder is Boone Pickens who is a billionaire and wasn't forced to sell anything.
In my opinion, SNEN is a much stronger company and the stock price has a lot of catching up to do with CLNE! In fact, with China's stock markets performing much better than U.S. stock markets, I believe we could see SNEN return to new 52-week highs quicker than CLNE!
We could see SNEN make a monster short-term rally, especially now that it is rated a 100% perfect buy.
8.10.09 It's official, SNEN is a 100% perfect buy!
6:50PM Barchart.com just updated this evening and is now ranking Sinoenergy Corporation (SNEN) a 100% perfect buy based on its technicals: click here to see for yourself.
SNEN was the sixth largest percentage gainer today out of all NASDAQ stocks with volume over 500,000!
SNEN finished the day up 18% to $2.18 on huge volume of 594,601! This is SNEN's highest closing price since I announced it as my speculative rating of 2 pick on July 23rd at $1.49!
I believe SNEN is just getting started and you have seen nothing yet! SNEN's trailing P/E is only 3 and it has a book value of $3.67!
12:30PM Sinoenergy Corporation (SNEN) hit a high of $2.25 this morning and is one indicator away from being a 100% perfect buy on Barchart.com: click here to see for yourself.
SNEN has incredible fundamentals with a trailing P/E of 3! This is a China play in the natural gas automobile fueling business... which I expect to be one of the biggest boom industries in China for the next decade!
8.08.09 Earnings week ahead for SGAS and SNEN!
12:00AM Sino Gas International (SGAS) and Sinoenergy Corporation (SNEN) are my two picks to become our next Gulf Resources (GFRE) and both of them are due to report their 10-Q's next week!
If SGAS and SNEN's quarterly results indicate an economic turnaround in China, both of them have the potential to explode like our GFRE did in the recent weeks and months!
SGAS generated $2.33 million in net income during the last nine months or $3.1 million annualized. SGAS's fully diluted market cap at $0.485 is only $14.55 million giving it a P/E of only 4.7 based on $3.1 million in annualized net income. SGAS has a fully diluted book value of $1.94.
SNEN generated $9.76 million in net income during the last twelve months. SNEN's market cap at $1.85 is only $29.5 million giving it a trailing P/E of 3. SNEN has a book value of $3.67.
SGAS and SNEN both remind me of when I discovered GFRE at $0.22, which hit $1.45 this week!
8.05.09 SGAS hits $0.55, GFRE hits $1.45, this is insane!
10:40AM Sino Gas International (SGAS) just hit $0.55 and I believe could move much higher in the short-term with 2Q results coming this month. Last year they released 2Q results on August 14th so we can assume the timing will be similar this year.
SGAS's 1Q results were unbelievable. Despite 1Q historically being one of SGAS's weakest quarters, revenues were up 16% over a year ago to $5.038 million and net income was up 132% over a year ago to $345,637.
SGAS's 2Q results will almost certainly show a huge improvement over a year ago because it was in the 2Q of last year that SGAS reported major non-recurring expenses.
SGAS reported net income in the last nine months of more than $2.33 million or $3.1 million annualized! SGAS's market cap at $0.55 fully diluted is only around $16.5 million which means its P/E based on its trailing nine month net income annualized is only 5!
Many American utility companies have P/E's of 10 to 15 when they have no where near the growth SGAS is seeing in China! SGAS's customer base grew by an unbelievable 36% last year!
More updates on SGAS to come!
10:00AM GFRE just hit $1.45 up 559% since I announced it as my speculative rating of 1 pick on December 13th at $0.22 and up 326% from its opening price on December 15th of $0.34! Congratulations to everybody!
8.04.09 GFRE closes at $1.20, absolutely incredible!
4:25PM GFRE closed today at $1.20 up 445% since I announced it as my speculative rating of 1 pick on December 13th at $0.22 and up 253% from its opening price on December 15th of $0.34! Congratulations to everybody!
10:35AM GFRE just hit $1.09 up from when I made it my stock-to-watch with a speculative rating of 1, my highest level of confidence, on December 13th at $0.22!
I believe SGAS has similar upside potential! It is up about 19% this morning to $0.50 on strong volume!
SGAS generated $2.8 million in net income last year (excluding $1.2 million in non-recurring charges) and currently has a fully diluted market cap at $0.50 of only $15 million. This means SGAS has a P/E of only 5 when they grew their customer base last year by 36%!
Many American utility companies with no where near SGAS's growth have P/E's of 15!
SGAS has a fully diluted book value of $1.94 per share!
9:30AM I just posted SGAS as my new stock-to-watch with a speculative rating of 2, my second highest level of confidence!
8.03.09 GFRE hits $0.974, new stock-to-watch in morning!
10:35PM I will be announcing a huge new stock-to-watch in the morning! I will be continuing my quest to bring to you undervalued natural gas stocks because I believe natural gas is the most undervalued commodity at this time.
This is a profitable China natural gas play trading well below book value with a very low P/E! I consider it to be completely undiscovered by the investment community with astronomical upside potential!
My last stock-to-watch SNEN, which is also a China natural gas play... surged as much as 50% in two days following my announcement. My previous stock-to-watch before that... ROYL, another natural gas play, surged as much as 93% in two days following my announcement.
Natural gas prices were up 9% on Monday so our timing could be perfect!
6:00PM GFRE hit a high today of $0.974! This is a new high since I announced it as my speculative rating of 1 pick on December 13th at $0.22! Congratulations to everybody!
7.30.09 Congratulations on GFRE! Unbelievable!
9:00PM GFRE hit a high today of $0.80! This is a new high since I announced it as my speculative rating of 1 pick on December 13th at $0.22! Congratulations to everybody!
7.23.09 SNEN
5:15PM SNEN, which I announced this morning as my new stock-to-watch with a speculative rating of 2, my second highest level of confidence, hit a high today of $2.18 up 46% from yesterday's closing price of $1.49 and finished the day up 32% to $1.96 on huge volume of 806,816!
9:40AM I just posted SNEN as my new stock-to-watch with a speculative rating of 2, my second highest level of confidence!
7.22.09 New stock-to-watch tomorrow!
6:00PM I will be announcing a new stock-to-watch tomorrow! I have a feeling you won't be disappointed!
7.15.09 Wow, what a huge day!
4:55PM IVN hit a high today of $9.19 up 243% since I announced it as my #4 pick for the next 4 years on November 3rd at $2.68!
EGI hit a high today of $1.60! I announced it on November 3rd as my #3 pick for the next 4 years at $0.82!
NSU hit a high today of $1.69 up 182% since I announced it as my stock-to-watch on October 11th at $0.60!
7.10.09 What a huge week we had!
8:00PM IVN hit a high this week of $8.65 up 223% since I announced it as my #4 pick for the next 4 years on November 3rd at $2.68!
EGI hit a high this week of $1.50! As you may recall, I announced it on November 3rd as my #3 pick for the next 4 years at $0.82.
Then in December with the stock at $0.65 I said, "I believe Entree Gold (EGI), at its current price of $0.65, has almost no downside. If you buy the stock at $0.65, you are buying a company that has $0.61 per share in cash and practically no debt" and "In the short-term, I will be shocked if EGI is below $1 for much longer. In my opinion, these prices simply will not last and if you don't take advantage of them now... you will be kicking yourself very soon."
7.07.09 IVN hits $8.15 we up 204%! Congratulations!
10:05AM Ivanhoe Mines Ltd (IVN) just hit $8.15 up 204% since I announced it as my #4 pick for the next 4 years on November 3rd at $2.68!
Check out IVN's chart from the time I released my top ten list until now! Congratulations to everybody!
