New Trade Alert

We start closing out our GLD Puts when the market opens tonight below $1600 down to $1550. 

At $1550 you should be out of all puts and long Gold & Silver again. 

We will start purchasing GLD Jan 2012 & 2013 calls now below 1600 to 1550. 

We will also start purchasing SLV & SLW calls at and below the current Silver price of $27.20 down to 21. 

What a great opportunity we have been presented.

The patient disciplined investors are rewarded once again.

 

Great trade if you got in.

 

Best Regards,

Robert

The Abundance Engineer September 2011 - Patience & Discipline

Patience & Discipline - The Shield & Sword of The Intelligent Investor
There is a time for defence and there is a time for offence. We have been in a defensive mode patiently waiting. This weekend we entered our Gold buying target of 1650. As I said over a month ago when Gold was over 1900 we are buyers at 1650. Read More...

The Abundance Engineer Saptember 2011 - The Media Thrives On Drama

http://www.icontact-archive.com/AMVOGGJthNpK_T9704ZHuklEtxWFlLhT?w=2#.ToAp2eobx5g.blogger

The Abundance Engineer September 2011 - These 100 Analysts Now Say Gold Will Go To $5,000/ozt. – or More!

Headline -  Gold to Reach $5000 an ounce

100 Top Analysts now believe Gold will reach at least $5000 an ounce as a result of excessive debt and deficit spending by the US.

Jim Sinclair the man they call Mr Gold who I had the fortune of learning all about in India. The $50 Million dollar  hospital he built outside Bangalore  provides free medical aid to anyone who needs it. Jim made the bold statement in 2001 when Gold was $250 that it would reach $1500 by 2011.

The formula he used to reach the now famous $1500 figure was given to him by the boy plunger the late great Jesse Livermore.

This same formula today places Gold at $12,500.

http://theabundanceengineer.blogspot.com/2011/09/these-100-analysts-now-say-gold-will-go.html

We are getting lots of interest in Gold from individuals in Singapore, Malaysia, Cambodia, Vietnam, Hong Kong, India & China. The smart ones are choosing to get out of the dollar on a day when we see the  dollar rise as a flight to 'safety' from the Euro. There is only one explanation for the dollar flight to 'safety' it is described in Charles Mackey's Famous book, "Extraordinary Popular Delusions and the Madness of Crowds."

Of course Americans are still big buyers of Gold & Silver and we are helping facilitate the armoured transport out of the US of Americans Precious Metals to safer locations in Asia. Email or call +65 83 066270 for more information on getting your metal out of the US.

"Whatever happens commodities win"

To get acess to our Gold & Silver stock portfolio and Premium newsletter click the link below.  

Best,

Robert McManus

New Trade Alert

I have added a few of the Gold miners to the portfolio. 

 

Nvidia has moved up 20% so I have raised the stop loss to 14.20 to protect our profit.

 

There was a chance to get out of Silvercorp last Friday at 9.20. That would have given a profit on our buy price of 8.50. It is currently down to 6.85.

 

Our Dow Ultra ETF triggered our stop loss for a slight profit at 50.50.

 

Our Silver options are indicating short term downside risk. Our Gold puts are holding their value at 12 cents. Therefore I am still anticipating a very possible short term correction in Gold & Silver. Any corrections are buying opportiunities.

 

Full portfolio here. 

http://dl.dropbox.com/u/23261285/Stock%20Portfolio/Premium%20Portfolio.xlsx

 

Best Regards,
Robert McManus

The Abundance Engineer September 2011 - No Greater Opportunity Than Now

No Greater Opportunity Than Now There has never been a greater  opportunity to wake up than now. Statistics show that the vast majority of people in the world do not believe the Government's story of 9/11. Here is a 5 minute video with a  humerous perspective from a former American Airlines Pilot. http://theabundanceengineer.blogspot.com/2011/09/911-conspiracy-theory.html 911 of course is only the surface. The awareness of the banks mortgage fraud and clever well planned positioning of the retail customer/tax payer as the fall guy for the banks will empower you to seek independent advice. http://theabundanceengineer.blogspot.com/2011/09/central-banking-warfare-model-catherine.html There are ways of protecting your investments, pensions & savings and capitalizing on the expanding debt crisis, banking crisis, pension crisis and currency crisis. You will require an INDEPENDENT advisor who is aware. If you're current advisor is linked in any way with any institution due dilligence would necessitate at least getting a second opinion. Any advisor who has not advised you on Gold & Silver is putting their own commission ahead of your best interests. Any advisor who has your fund in US or European Equities is completely unaware of what is coming down the line. I have spoken to Gerry Ward in the office in Dundrum and for the next 7 days until the 21st of Sptember we are offering a Full Free Financial Consultation. You can call me at the usual number or call Gerry in the office in Dundrum on 01 2965412 and schedule an appointment. Knowledge is POWER. You also have the opportunity to still avail of my discounted promotion of EUR59.95 for our premium  newsletter and alerts below. Our four favourite commodities that see seasonal strength in Q4 are still a recommendation in our portfolio as are select Gold & Silver mining companies. In fact the one commodity I am most excited about hits a seasonal low this week from the 9th to the 16th of September. The upside on this alone will make subscribing worthwhile. "Whatever happens commodities win" Best, Robert McManus Subscribe to this newsletter at www.theabundanceengineer.blogspot.com

Premium Stock Alert

Further information on SilverCorp SVM. It seems a number of companies have been targeted with these anonymous rumours and the allegations are most likely false. If this stock turns around. It is at a 3 year low it could double in a few weeks. The Silver business is a dirty business but billionaires have been made out of it.

If you want to learn more about the Silver business learn a bit about the hunt brothers.

http://seekingalpha.com/article/291712-these-stocks-may-double-after-bernanke-s-bedlam-jeremy-siegel-s-forecast?source=yahoo

We got filled just now on NVDA at 12.70 a good discount buy.

We also just picked up CHK at 30.23

Both have been added to the portfolio.

Best Regards,
Robert

Premium Stock Alert

Dear Investors,

I liquidated SVM in private clients portfolios for a 4% loss on Friday because I didn't like the short term price action. I did not have a valid reason to remove it from the portfolio. Under further investigation it seems there was a large short on the stock and an anonymous letter was sent to the Ontario Securities commission reporting Accounting fraud in the China division. This sounds like someone trying to make money on the short side.

The short selling happened on Thursday and Friday and the price started to drop slightly. The news was released on Friday evening of the labour day bank holiday weekend. It is a serious allegation. Accounting fraud is one of the most detrimental things to a company. However the whole thing sounds very dodgy.

http://finance.yahoo.com/news/Silvercorp-Notes-Large-Short-iw-1745542873.html?x=0 

I am leaving it in the portfolio. Scale down your position or perhaps swap your stock position for a low cost call option out of the money with a Jan 2012 expiry and do not accumulate more. I am happy to accumulate CHK, UNG & TBT on the market correction. I am moving the buy price on CHK to 32.20 

I am also planning to add GDX to the portfolio the Gold Miners vector index. This is how Soros & Paulson invest into the mining sector. I am expecting a bullish upturn in the miners. I am waiting for a little correction back in the Gold price to buy.

I am also seeing SLV outperform SLW. The spot silver price seems to be ahead of the miners.

We are still holding the GLD insurance. It expires on the 30 September. Once we get through end of September I think we will see increased upward movement in the Gold price. There is still risk of a correction between now and then so I am holding. I know some of you sold at 1700 or so on the correction. Good trade. Well done.

II am moving our stop on DDM up to 51 so we are guaranteed some proifit if the market drops back any further.

NVDA price fell to within 4c of our buy price on Friday but did not get filled yet.

I still recommend that your core portfolio be concentrated on long Gold, Silver & Natural Gas we may get short term corrections in these but these dips are buys.

Updated portfolio can be found here.

http://dl.dropbox.com/u/23261285/Stock%20Portfolio/Premium%20Portfolio.xlsx

Best Regards,
Robert McManus

Premium Update

I liquidated SVM in private clients portfolios for a 4% loss on Friday because I didn't like the short term price action. I did not have a valid reason to remove it from the portfolio. Under further investigation it seems there was a large short on the stock and an anonymous letter was sent to the Ontario Securities commission reporting Accounting fraud in the China division. This sounds like someone trying to make money on the short side.

 

The short selling happened on Thursday and Friday and the price started to drop slightly. The news was released on Friday evening of the labour day bank holiday weekend. It is a serious allegation. Accounting fraud is one of the most detrimental things to a company. However the whole thing sounds very dodgy.

 

http://finance.yahoo.com/news/Silvercorp-Notes-Large-Short-iw-1745542873.html?x=0 

 

 

I am leaving it in the portfolio but I have liquidated private clients positions. If you do decide to keep it. Scale down your position or perhaps swap your stock position for a low cost call option out of the money with a Jan 2012 expiry and do not accumulate more. I am happy to accumulate CHK, UNG & TBT on the market correction. I am moving the buy price on CHK to 32.20 

 

I am also planning on adding GDX to the portfolio the Gold Miners vector index. This is how Soros & Paulson invested into the mining sector for quite some time. I am expecting a bullish upturn in the miners as they have lagged the Gold price. I am waiting for a little correction back in the Gold price to buy. Buy GDX below

 

I am also seeing SLV outperform SLW. The spot silver price seems to be ahead of the miners.

 

We are still holding the GLD insurance. It expires on the 30 September. Once we get through end of September I think we will see increased upward movement in the Gold price. There is still risk of a correction between now and then so I am holding. I know some of you sold at 1700 or so on the correction. Good trade. Well done.

 

II am also moving our stop on DDM up to 51 so we are guaranteed some proifit if the market drops back any further.

 

NVDA price fell to within 4c of our buy price on Friday but did not get filled yet.

 

I still recommend that your core portfolio be concentrated on long Gold, Silver & Natural Gas we may get short term corrections in these but these dips are buys.

 

Updated portfolio can be found here.

 

http://dl.dropbox.com/u/23261285/Stock%20Portfolio/Premium%20Portfolio.xlsx

 

Best Regards,
Robert McManus