Dear FutureMoneyTrends.com Member,
Since August 18th, we have stated that the markets had shifted, major indexes would begin to decline, and a NEW gold bull market was imminent! And now, one of the best-leading indicators is pointing to a roaring bull market for gold. The two most heavily traded gold stocks, Barrick Gold and Newmont Mining, are having one hell of a move since last summer.
The Bull Market has Already Begun!
Barrick Gold (ABX) is up 68% since September… Newmont Mining (NEM) is up 32% during this period. Gold itself is flat since September, although it is up 7% since early December.
The two most liquid gold stocks are leading indicators, and it appears that 3 months later, gold is beginning to follow the mining shares higher. The juniors had a big washout two weeks ago. However, just as we had been forecasting, the higher-quality names are holding up just fine.
The juniors are closely tied to the gold price. First Mining Finance is up 19% since early December and up 12% for 2016. Nevada Exploration is up 44% since the middle of December and up 25% for the year. It’s just further evidence that a new gold bull market has begun!
Best Regards,
Daniel Ameduri
President, FutureMoneyTrends.com
