11:30 AM Update:

Gold and Silver gets sold off and commodities are rallying along with broader indexes and financials.
Everything seems to be counter intuitive and trading opposite of what would normally be.

What’s normal now a days?  We live and trade in an unprecedented time in the world, where there are no rules and fundamentals.
Keep an open mind to the fact that anything is possible, even financials could rally even thou they are technically bankrupt.
What we hear and see on TV can easily guide investment decisions and fund flows, but this usually ends badly over time as the sheep are always led to slaughter.

Trading decisions must now be made with a short time frame, but staying in the right sector  with the right fundamentals is paramount for the long term.
Gold is still in a long term bull market and price retracements like today should be used to add to positions of strong companies.  I see the majors now trading in line with the gold price movement.  AEM traded to $72.51 yesterday morning, and now trades at $68.50, a $4 move down in 2 days but is still far away from the 52 week high of $88.52 back in Dec 2010.  Juniors are trading in a sideways range, however some juniors are trading higher. 

Take a look at some of our additional portfolio holdings that are holding up today:

SPM-T  Scorpio Mining still trading near 52 week highs at $2.23 today.

GWY-V  Galway Resources still trading near 52 week highs at $1.43 today.

SSL-V  Sandstorm Gold is still trading near 52 week highs at $1.41 today.

KGN--T Keegan Resources trading at $8.48 now, opened below $8.00 and was a great buy this morning.

Buy PPI-V Passport Potash for a long term and a short term trade.  Buy sooner than later because the price has been trending up on low volume.  The company expect to have results of the 43-101 resource calculation later this month and based on our research, it should be a monster potash deposit located in the US.  I have been following the story over the last month and have been buying as low as $0.52 and I have added to my position yesterday at $0.60.  We thing the company has the potential to explode in price over the next few months.

Buy now and hold until the resource calculation comes out later this month, at that time we will evaluate the stock price and determine when a good time to sell will be.