Sep 14, 2010

Great Day for NIA Members

 
 
Gold reached a new all time high today of $1,274.75 per ounce and silver reached a new multi-year high of $20.492 per ounce!
 
On December 11th, NIA declared silver the best investment for the next decade at $17.40 per ounce. Silver is up 18% since then while the Dow Jones has only gained 1%!
 
On February 5th when silver dipped down to below $15 per ounce NIA said, "NIA believes this is a once in a lifetime entry point for those wishing to go long silver at a bargain basement price".
 
On February 8th NIA said, "NIA is betting big that this past week's short-term decline in the paper price of silver was just a temporary wash out, before a huge surge in silver prices later in 2010."
 
We told you on February 8th that NIA's co-founder purchased 1,300 January 2011 $20 SLV call options at a price of $0.89 and we suggested them to you at a price of $0.93. These call options reached a high today of $1.52 per contract up 71% from our co-founder's purchase price and up 63% from our suggestion price in just seven months!
 
NIA called another short-term bottom in gold and silver perfectly on July 28th when we released an article entitled "Gold and Silver Capitulation is Near". Almost everybody on Wall Street was bearish on gold and silver at the time and predicting a collapse in precious metals prices due to "deflation".
 
NIA said on July 28th, "The sentiment on gold and silver has abruptly changed to the negative like nothing we have ever seen before and to us this means the big move to the upside is right around the corner." Since then, gold has risen 22 out of 33 days for a gain of 9% and silver has risen 24 out of 33 days for a gain of 17%!

Some of NIA's gold and silver stock suggestions reached new 52-week highs today including Newmont Mining (NEM) up 57% from our suggestion price, Eldorado Gold (EGO) up 120% from our suggestion price, Ivanhoe Mines (IVN) up 236% from our suggestion price, Silver Wheaton (SLW) up 276% from our suggestion price, and First Majestic Silver (TSX: FR) up 112% from our suggestion price!
 


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