G o l d M i n i n g M i l l i o n a i r e

Larry Edelson’s Gold Mining Millionaire Quick-Start Guide This manual is for the exclusive use of members to Larry Edelson’s Gold Mining Millionaire ...
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Larry Edelson’s

Gold Mining Millionaire Quick-Start Guide This manual is for the exclusive use of members to Larry Edelson’s Gold Mining Millionaire Copyright © 2016 by Weiss Research

Published: June 2016

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All rights reserved. No portion of this guide may be reproduced without written permission from the publisher.

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Contents Introduction to Larry Edelson’s Gold Mining Millionaire ............................................................. 3 The Service ..................................................................................................................................... 4 The ‘Gold Mining Millionaire’ Investment Vehicles ..................................................................... 8 Trading Signals, Portfolio Diversification and Risk Management ............................................... 10 Getting Started .............................................................................................................................. 15 What to Expect .............................................................................................................................. 17 Your Membership Benefits ........................................................................................................... 22 Frequently Asked Questions ......................................................................................................... 26 Addendum: About Warrants ......................................................................................................... 28 About the Editor............................................................................................................................ 29 Research Trading Analyst………………………………………………………………………..31

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Introduction to Larry Edelson’s Gold Mining Millionaire Dear Member, I admit it: I love gold. I’ve traded the yellow metal for decades and have experienced much more than my fair share of success. I suppose I’m best known for urging my readers to buy gold bullion at $255 per ounce in 2001. So I’m delighted to welcome you aboard my Gold Mining Millionaire. Especially now, where gold and silver have finished nearly five years of bear market action, and where mining shares have been taking out the trash. Fortunately, I kept my members clear of the carnage in precious metals over the past five years and helped them wrack up profits on the short side. And though no one can foresee the future with precision or guarantee profits, as I see it, this manual is your first step toward harnessing the opportunities the markets present to us. And make no mistake — I expect plenty of profit opportunities in the months ahead. I’ll be managing this service using my time-tested strategies I’ve personally used throughout my investing career to manage my own money, based on documented realtime results that have already spun off very large profits on individual trades and solid wealth growth overall. I believe there are a tremendous amount of opportunities to come, and I’m excited to have you along on the next leg of what I believe could be an incredible profit journey. But before we get started, allow me to offer you a few words of wisdom: As every experienced investor knows, past performance is never a guarantee of future results. All investment involves risk. And with any trading approach, some trades will inevitably be losers. So even though I have complete confidence in my approach, it’s important that you determine if you can and should apply similar strategies in managing your own portfolio. Sincerely, Larry Edelson

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The Service Mission As has always happened in times of crisis, millions of investors worldwide are turning to mankind’s greatest “safe harbor” investment: Gold. And while owing gold bullion, gold-related ETFs, and senior gold mining companies can be profitable, I’ve found that owning junior mining companies can be even more profitable. In fact … From February 6, 2001, to the present day, the best-performing senior mining shares produced gains of up to $1.40 for every one-dollar gain in gold bullion. But historically, my studies show that the best junior mining shares outperform gold bullion by as much as 69 to one! Right now, you have a once in a lifetime opportunity to build a select portfolio of junior mining stocks that you can trade in and out of, aiming to turn an investment of just a few thousand dollars in each into as much as $1,000,000 or more just a few years from now. That’s why we will focus exclusively on the very best junior mining companies that money can buy.

Understanding My Trading Methodologies My analysis for choosing investments for the Gold Mining Millionaire is a three-step process: Step 1. Macro-economic, which includes everything from analyzing the U.S. dollar’s moves and the geopolitical developments that drive them … to looking at company and precious metals fundamentals ... to monitoring the impact of news and analysis on metals prices … to determining pricing patterns … and much more. My macro analysis is an ongoing process. It helps me to formulate my medium- and long-term views, and the best ways to make money from them. Here are just a few of the items I watch very carefully, to help me zero in on the opportunities that I believe offer you the best risk-reward potential in this vital and, well, “growing” space.  The U.S. dollar  Precious etals supply and demand — in particular, I examine trends in the total supply of the specific market being analyzed 4

 Specific trends within the industry (i.e., central bank activity)  Hedging activities  Merger-and-acquisition activity  Research and development  Key industry players  Activity among the small-cap and junior companies in that industry  Demand  Trends in total global demand  Trends in country/regional demand  Investment and speculative demand  Industry demand  Company fundamentals (i.e., sales, earnings, cash flow, debt)  Natural resources’ reserve bases  Quantitative and qualitative analysis of reserve bases  Mining and production costs, and efficiency trends  Hedging policies  Management quality and depth  Growth strategy Once I am satisfied that I understand the value drivers of the junior mining companies that I am considering, I then turn to ... Step 2. My deep fundamental company research. With an estimated 4,000 junior mining shares available — and only 5% of them generating 90% of the industry’s profits — it’s important to know how to pick the best ones. Here’s my seven step process … 1. Great management: The people running the company must be experienced and competent with a record of past successes. 2. Location: Companies with properties that are near successful mining operations are a safer bet than those in unproven areas. It’s also important that the mine’s properties feature important infrastructure like roads, electricity and water. And be in politically 5

stable countries and regions. 3. PROVEN reserves: The properties owned by the mining company must have proven, quantifiable reserves of gold and other minerals in the ground. Mines with only “estimated” reserves should be avoided. 4. Lower production costs: A mine that extracts gold at a cost of $500 per ounce is going to be far more profitable than a mine that has to spend $1,000 or more to mine an ounce of gold. 5. Low debt: I generally look for a ratio of less than 1 to 1 debt to equity, provided the terms and/or creditors are friendly. 6. No hedging: Hedging or “selling forward” lowers mines’ profits as gold prices rise. At a time like this, it’s important to avoid miners who employ such practices. 7. Plenty of capital: Each company must have sufficient amounts of cash available to acquire, explore and develop new mining properties. In most cases, you can obtain this information from the company’s website. Some companies are more organized about it and make the data easy to find, while others are sloppy and make it very difficult and tedious work to pin down the true numbers. In those cases, I recommend going straight to the SEC filings on the company, available through www.sec.gov. Step 3. My cyclical and technical analysis. These tools help to … Validate or invalidate the macroeconomic trends  Clearly Define risk entry points for trading positions Define timing to help nail down profits during short-term market moves up and down Define sideways markets to identify additional profit opportunities and when to hedge existing positions Components of my technical view include ...  Technical and cyclical analysis within monthly, weekly and daily time frames  Key support and resistance levels  Specific price action relative to volume  Market sentiment indicators  Pattern recognition 6

 Retracement (correction) levels But all that isn’t enough. So that’s where my third level of analysis comes in ... Step 4. The final, most important layer: Using my tried-and-true proprietary trading models to determine entry and exit points ... and define risk and money management. Not to worry. I’ll discuss all of the above in greater detail — especially the third and final layer of my decision process, in a few moments. First, I want you to know everything about the investment vehicles being used ...

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The Gold Mining Millionaire Investment Vehicles The junior gold mining market is large and diverse. This service seeks to cover as many of these companies as possible. In short, wherever I feel there’s a profit opportunity, I will strive to bring it to your attention. The Gold Mining Millionaire will trade in two basic investment vehicles …

Investment Vehicle No. 1: Junior Mining Stocks Buying the shares of junior miners will be our primary investment vehicle. And there’s little doubt as to why … In my master study covering the entire period of the last bull market in gold, the yellow metal surged 653%. The best-performing senior mining share posted a 389% gain. Not bad. But during the same period, the five best-performing junior mining stocks absolutely blew the senior miners away: Golden Queen: Up 1,742% ... Silver Standard Resources: Up 1,869% ...Turquoise Hill Resources: Up 2.480% ... Klondex Mines: Up 2,982%, and ... McEwen Mining, up 3,301% (eight times better than the best-performing senior.) Conclusion: The best performing junior mining stock outperformed gold by five to one ... and produced $8.50 in gains for every ONE dollar generated by the bestperforming senior mining stock.

Investment Vehicle No. 2: Junior Mining Warrants A warrant is a security that entitles you to buy an underlying stock at a fixed price during a specified period of time. If that sounds like warrants and options are similar, you’re right — but there is one very important difference: While options tend to expire in a few days, weeks, months or maybe a year or two, warrants give you the right to buy a stock at a set price at any time for up to 15 years. With some warrants, you could pay just a few pennies on the dollar for each warrant, and the profit potential is truly amazing: 8

 If you had invested just $1,000 in a specific warrant on Peabody Corp on June 26 of last year, you could have sold it for $191,587 on September 1.  You could have invested $1,000 in a select warrant on Coeur Mining on November 2, 2015, and sold it for $2 million on February 17 of this year.  And if you had invested just $1,000 in a different warrant on Coeur Mining on November 2 of last year, you could have sold it on December 31 for a cool five million dollars. That’s a total gain of 499,900% in less than 60 days. Granted, catching the entire move in any one of these would have been difficult, but that’s okay because even if we could catch just a small fraction of these moves, the profits can be enormous. Right now, for example, my work indicates that one of my favorite miners should post a gain of at least 190% (an extremely conservative estimate) over the next two years. If I’m right, a specific warrant on this stock could deliver a 2,302% gain by 2018, turning every $10,000 I invest into more than $230,000. My models also tell me that a second stock I’m studying could post a 422% gain by 2018. That would indicate that a particular warrant on the stock could soar 5,677%, turning every $10,000 into more than $570,000. I’m also eyeing a warrant on a junior mining share that I believe will post a 261% gain by 2018. If I’m right, a warrant on this stock would soar 5,917%, turning every $10,000 into more than $690,000. And another warrant I’m studying now could soar 6,897%, when the underlying stock hits my price target, turning every $10,000 you invest into more than $699,000. In full disclosure, these target prices on these warrants are very aggressive, even by my standards. These picks are an illustration of the sheer power these warrants have and how they could make you a not-so-small fortune for years to come. So even if we could catch a small fraction of this move, it could secure your financial future. And even in the worst case scenario, the most you can lose is your small investment plus any commissions. This is truly an investment that lets you sleep at night but when you wake up, you could be a millionaire. Never forget: No market EVER moves higher in a straight line. Temporary pull-backs are not only inevitable; they’re HEALTHY in every bull market. Not only do they give you the opportunity to add to your junior miner positions at lower prices, they can create substantial new profit opportunities! 9

Trading Signals, Portfolio Diversification and Risk Management This is one of the most important parts of this operating manual. I want you to have as much understanding of my trading methods as possible — and how I also use various tools and techniques to reduce risk and maximize profits. First, as mentioned previously, my approach to the markets involves four analysis levels. The macroeconomic or big-picture view is level one. Then, I dig deep into the fundamental factors effecting junior miners. This is level two. During the third level, I hone in on the markets by using a combination of technical and cyclical analysis. These methods help me identify the markets that I think are best to trade ... that are either in a trending mode or about to enter an important trend that I can jump into. But by far the most-important part of my analysis is the fourth level — using my tried-and-true proprietary trading models. Models I developed over my 39 years of trading the markets. They are technically based, taking their cues from market price action itself, and determining the extent of the trend — be it a bear trend, a bull trend, or sideways action (where no positions are taken). I have broken down this section into subsections …

How my signals are generated I’ve long been a great proponent of technical trading systems. Reason: While fundamental analysis can give you a good handle on the larger macroeconomic trends and forces impacting any market, they cannot help with the all-important TIMING of market moves. That’s where technical analysis comes into play. Technical analysis, in a nutshell, may be defined as the forecasting of price moves based on the study of past price moves. It’s as simple as that. The studies I use sometimes involve daily indicators — for the short-term moves, while the weekly and monthly charts and indicators let me zero in on the intermediateand longer-term moves. The techniques vary. From chart analysis, to far-more-complex methods that use indicators of many sorts, some of which are mathematically computed based on price, 10

often including up and down volume, advance/decline data and other inputs. These indicators are used to help assess whether an asset is trending and, if it is, the probability of its direction and of continuation. While there are many tools technicians use, I use my OWN — developed and adapted over my 39 years of real-time trading experience. It involves multiple types of analysis, all computerized to eliminate emotions and potential personal biases. They may be summarized with the following three levels ... FIRST, price history is filtered by a simple dual moving average to determine the actual trend that may already be in motion. This is a rather simple filter, but extremely accurate in keeping one on the right side of the markets. Without disclosing more confidential information than I should, this filter behaves as follows: When the shorter-term moving average is above a long-term moving average, the market under study is considered to be in an uptrend. Therefore, only buying, or implementing long positions, is considered. Bearish positions are automatically eliminated from consideration. Conversely … When the shorter-term moving average is below a long-term moving average, the market under study is considered to be in a downtrend. Therefore, only selling, or implementing bearish positions, is considered. Bullish positions are automatically eliminated from consideration. This filter, while very simple, does an amazing job of keeping one on the right side of markets. The system then goes to the very next level … Second, it scans for breakouts or breakdowns. The system looks at every market, analyzing literally millions of data points, to determine if a market is breaking out to the upside, going sideways, or about to break to the downside and begin a bear trend. It uses proprietary signals I’ve developed to determine those breakouts or breakdowns. Only markets that give clearly defined indications of a breakout or breakdown are considered for a trade. A breakout being a bullish trade; a breakdown, a bearish trade. Third, it then takes those signals and measures for my all-important proprietary reversal signals. Don’t be deceived by the name I call them, “reversal signals.” These are the signals that put all the meat on the bone, so to speak. If a market is breaking out, but my reversal system says it’s not, the trade is filtered out. Only markets that are breaking 11

out and confirmed by my reversal system then qualify for an actual trade. And finally, and perhaps most importantly, are my Artificial Intelligence Neural Net models that help me nail down the timing of highs and lows for the securities. After all, timing is more important than price. Without accurate timing, even the best forecasting methods and research will ultimately fail. But when all is said and done, the beauty of this service, though, is that I do all this heavy lifting for you! There’s no need for you to get into any of the details. The final decision on whether to act — or not — is of course, always yours. The exact amount you buy or sell and the precise prices that you enter are also in your domain to decide.

The critical nature of risk management Risk management involves many different measures and techniques. But no matter what, always keep in mind that proper risk management and profit preservation are what separate steady, profitable strategies from the volatile and unprofitable ones. I use the following time-tested strategies for risk management for ALL of my trading. As you trade along with me, you too will learn from these techniques … First, I always limit risk for a particular trade to a predefined amount (Larry’s Law #1), almost always as a percentage of account equity. Generally, the figure ranges from 2.3% to 2.8% but sometimes it can vary a bit more. For example, let’s say I want to buy a stock and my system tells me not to risk more than, say, 2.8% of account equity for the trade and to use a sell stop to reduce risk $3 below the current price of the stock. If your account size for buying stocks is $100,000 — then you don’t want to risk more than $2,800 on this trade, or $100,000 times 2.8%. And since the system stop for the trade is $3 lower than the stock’s current price, in order to contain risk at roughly $2,800 — then the maximum number of shares you would buy is 933 shares ($2,800 divided by $3). Importantly, as you can see, this calculation is related to risk and not to the actual amount of capital that may be deployed in the total portfolio. That is determined by other measures I monitor, including those related to being properly diversified. Position-sizing for risk management is a critical component for success. How much you should trade, and the amount to invest is always up to you. You are in control of your account. Not me. But I will always tell you how to manage your risk by … 12

Helping you determine how many shares to trade B. And always identifying stop-loss levels for the trade Second, use stops for every trade (Larry’s Law #2)! These are actual instructions to your brokerage that requires it to trigger actual buy and sell orders as soon as certain price levels are reached or exceeded. And since most trading these days is electronically based, those stops are monitored nearly 24/7 by your broker’s systems. Plus, the stops I use are almost always “Good-TillCanceled” — meaning they remain effective until the stop is either hit, canceled or replaced with another order I issue. While stops are never perfect, they go a long way in helping you to limit your risk. The calculation of the stop price is done by my computer, taking into account several factors, including position-sizing, as noted above. It is further mitigated by other criteria, such as the average trading range of the underlying security over the prior 39 days (a figure I have found optimal for helping to further define risk) and a few other variables. When you receive an alert from me, I’ll give you the price you need to know so you can choose to place your own risk-reducing stop if you chose to make the trade. One caveat: With some junior miners — and especially with warrants — there may be times when using stops is not called for. Such reasons may include not wanting to tip off any other big traders or groups of traders as to what position(s) I have recommended, and more, essentially disguising the portfolio to help you maximize your profit potential. No matter what, when I do not give you a specific stop, I will explain to you exactly why, and of course, I will monitor the position like a hawk and still advise when to exit it, good or bad. Third, I move the stop to further reduce risk as the position moves into profit territory (Larry’s Law #3). My systems continually calculate market factors such as volatility and average trading ranges to find the optimal point to adjust the stop as the position moves into profit territory. That has the effect of always looking to reduce risk even further, and lock in profits while staying positioned for potentially more. Larry’s Law #4: Always diversify a portfolio. It helps to smooth out normal market swings, even within a single sector. Larry’s Law #5: Be flexible. Be able to use both trend-following strategies and contrarian strategies. This in turn allows you to … Larry’s Law #6: Take advantage of both up and down moves. Using, for example, 13

call and put options, or inverse ETFs, when appropriate. And finally … Larry’s Law #7: Never overtrade. There are two ways investors overtrade. One is simply having too much activity in your account and not letting the market dictate your entry and exit points. Typically, those investors trade solely with their guts, and they get in and out way too often. The second is deploying every red cent of your capital, and being 100% invested at all times. That’s no good, either. You have to know when not to invest, and how much money to deploy when you do. With all of my laws at work at all times, I never put myself in a position where I have trouble sleeping at night or … even in a situation where I feel I have to monitor the markets every second of the trading day … and I would suggest that neither should you. Grouped together, my “Larry’s Laws” are perhaps the single-most-important force in making great strides on the path to trading success. Will following these laws completely eliminate ALL of your risk? No. And trading leveraged investment vehicles can involve risk that some investors are not comfortable with. So it’s up to you to determine what level of risk works for you. Now, let’s keep going, because the next few sections will tell you precisely how to start trading and receiving your actionable alerts!

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Getting Started Before you proceed any further, make sure this program is right for you. The investment and trading methodology I use in Gold Mining Millionaire is designed to provide you with terrific upside profit potential as central banks the world over undoubtedly start a massive wave of money-printing, yet again. However, all investments entail a certain degree of risk. This is a speculative program for investors with sufficient discretionary capital. If you currently require all, or nearly all, of your capital to generate the income you need to live on, this program is not for you. You should NOT use funds allocated to retirement, healthcare, long-term care, college tuition, or similar basic needs. And never use borrowed money. Naturally, past performance is no guarantee of future success, and losses can and do happen. In fact, sometimes you may have more losing trades than winning ones. That’s what most successful traders experience. But please keep in mind that it’s not how many winning trades you have that matters. It’s how you control risk and how you let the winners you do have rack up the profits. Most professional traders never have more winning trades than losing trades. If anyone tells you otherwise, they are selectively telling you about their winning trades or streaks, and not disclosing their losers. But in actual trading, no one can ever be consistently right more than 50% of the time and, often, they are right far less. The key is, I repeat, limiting your losses while letting your winners run. As an example, consider the following, using simple math: Let’s say I do 10 trades. Of the 10, seven are losers, fully 70%. But because I control my risk carefully, I lose no more than $500 per trade, including commissions to my broker. My total loss on seven trades is $3,500. On the other three trades, I have winners that I let properly run. I make an average of $2,000 — after broker commissions. My total gain: $6,000. Put another way, you lost $3,500 on seven trades, BUT made $6,000 on three trades. Your net profit: $2,500. Think that through again: 70% of your trades lost money; only 30% made money. Yet you made $2,500! With that simple math, you can readily see that it’s not how often you win, but how 15

you … A. Control risk, and B. Let your winners run. Of course, this is just a hypothetical example. The actual results I achieve can vary — for better or worse. Having said that — if you are comfortable with these parameters, and, after consulting with your financial and other advisers — you feel that an aggressive investment program is appropriate in your financial situation — proceed to the next step, which is making sure you have the type of account and broker you need for this service. Gold Mining Millionaire is designed for a minimum trading capital of $25,000. Make sure your brokerage account is ready to trade stocks and warrants of junior mining companies. Be psychologically ready to trade the metals from both sides of the market, long and short. This next phase of the precious metals bull market is going to see a lot of big swings, and I plan on taking advantage of them in both directions, making money on quick trades on the long side, and also profiting from the inevitable corrections that will come. When gold is on a tear, it doesn’t wait for you, me or anybody else — and its movements sure don’t conform to any pre-conceived monthly publishing schedule. You need to be ready to move when the market does — to jump in when prices are surging … to move to the sidelines during the inevitable short-term pull-backs … THAT’S how you maximize your profit potential … THAT’S how you minimize your risk of loss ... THAT’S how you seize the potential to rack up huge profits, month after month! What you buy and how you buy is up to you. You have to do what’s right for yourself and your own portfolio.

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What to Expect You’ll receive all your issues by e-mail. To ensure that all of your important alerts and issues reach you in a prompt and consistent manner, we encourage you to add the following address to your personal e-mail address book: [email protected] Plus, you can receive them by SMS to your cell phone as well. That way, you’ll be sure to never miss an alert or issue I send you. To sign up for SMS notifications, simply fill out the opt-in form by going here:

https://gold.moneyandmarkets.com/getting-started To access the form, you will be prompted to enter your Username and Password, which was sent to you via e-mail when you joined the service. You’ll also receive a link to each issue, available at: https://gold.moneyandmarkets.com/analysis You’ll receive three types of communications (via e-mail, SMS and on my Web site), which I’ll detail below.

Type 1: Trade Alerts These brief issues will provide content explaining what’s happening in the market. They’ll also contain my new “buy” ideas as well as “sell” signals. These alerts will contain specific trading ideas and parameters to consider when deciding what instructions, if any, to give to your broker. First of all, remember that Gold Mining Millionaire is an educational service providing trading ideas. It does not provide “do-or-die,” “must-buy-must-sell” trading instructions. This is why I also provide my fundamental analysis and views and explain my analysis in the alert itself. This is why it is always important for you to consider all of my trading ideas in the context of that research, which I refer you to at the beginning of each trading alert. Since these are TRADING alerts, they are designed to grab your attention, and the subject line of the e-mail will always say: Trade Alert: with a short indication of the action I’m recommending No matter what alert, to purchase or sell, I will always provide the following: 1. Quantity. How many shares or ounces to buy or sell. Sometimes, that will be the 17

actual quantity, while at others, I may simply specify what percentage of your available trading funds should be allocated to the trade. 2. Description of the security. Gives you all of the information necessary to either place the trade online or give your broker. This includes: a. Symbol b. Price. This is the suggested buying or selling price of the security. c. Stop price to help reduce risk, almost always entered as a Good-Till-Canceled stop. Each of these types of trade alerts will be very easy to understand and, if you decide to make the trade, act upon. Since time is of the essence when trading, and the signals are largely computergenerated, these trade alert issues will simply contain all the important information you need to enter your order — whether the instruction is to buy or to sell.

Type 2: Trading Revisions These types of issues are also market-driven, and will be sent when there is a change in the buy or sell price, or in a stop that’s being used to reduce risk. Like the Trade Alerts, the subject line for these types of e-mail alerts will always be: “Trade Alert” — so they grab your attention. That way you will know immediately that action needs to be taken.

Type 3: Follow-Up Issues These issues will be editorial in nature. They will contain content from me describing ... What I am seeing in the markets, and why. My views on the latest economic and market developments, and any news impacting the markets. You get my weekly updates on junior miners and precious metals — complete with the fundamental and technical analysis designed to help you maximize your profit potential while minimizing your risk of loss. You get regular online briefings — my opportunity to give you my longer-term analysis of the markets; where we’ve been, where we’re going — and also your opportunity to ask me anything you like about our strategy and the positions we’re 18

holding. You get 24/7 access to the Gold Mining Millionaire website — your new home on the web, complete with real-time prices for gold, silver, platinum, palladium and copper … plus powerful tools for managing all of your metals investments … and a complete summary of all of our open and closed trades. You get full and free access to me through the “Editor’s Mailbag” — for prompt answers to any questions you have about my forecasts, strategies and positions: You’ll never have to wonder where I stand or what you should be doing next. Progress reports on the positions considered to be “open” — stemming from the trading suggestions made in Gold Mining Millionaire. These types of issues can include information regarding fundamental or technical factors that may have an impact on the open positions (good or bad), as well as analysis of economic trends that could affect them. These wrap-up issues also refer you to my members-only website where you can review the trading history of closed positions. To help track the performance of a hypothetical investor who chooses to follow my recommendations in my Gold Mining Millionaire, we determine the market price of each security one hour following transmission of my trading recommendations with the following exceptions and disclaimers: 1. If I recommend entering or exiting with a stop order, the trade is not considered executable until the stop is hit. 2. In the event that we receive copies of confirmation statements from a member on a particular trade, we use that figure instead. 3. In all cases, the results we publish are before commissions, and the actual results of each investor, may vary due to differences in prices achieved and broker commissions paid. Unlike actual performance records, hypothetical or simulated performance results do not represent actual trading and may not sufficiently compensate for market factors, including liquidity.

Receiving Your Issues and Alerts How many? There is no fixed schedule for my alerts. However, at a minimum, I expect there will be no fewer than two issues per week, and more if market action warrants it, including at least one editorial issue. I aim to make this service as easy-to-follow as possible. And I want you to keep in 19

mind that market opportunities don’t appear on a fixed schedule. But just because the global markets are open nearly around-the-clock, that doesn’t mean you have to worry about being on standby to trade them! In addition to communicating with you a few times a week during regular U.S. market hours, you may expect to receive the occasional alert in the pre-market or in the aftermarket, if there is a compelling opportunity to seize or a protective move to make. However, I don’t expect to contact you any earlier than 7 a.m. or later than 6 p.m. Eastern Time. This should give you adequate time to receive the issues, absorb them, contact your broker and enter the order. This is a VIP service in which we will do everything we can to accommodate your individual communication needs. (Please see “How to Reach Us” for more specifics.) However, please understand that we cannot customize the recommendations themselves. This is not an individually tailored advisory service. It is strictly a publication that goes to all paid members with the same content at the same time. When you receive an alert from me … 1. Make sure you read and understand the alert. Every issue contains important information. So do read them. Also note that if you feel a particular trade idea is not for you, or you have a reason to make a modification, that’s up to you. You are the final arbiter. Only you can decide which ones to act on … which are suitable to you … and when to act on them. I do, however, recommend that you follow my trading suggestions as closely as possible. 2. Call your broker with the order, or enter it online. Each of my trade alerts contains instructions on exactly what to say to your broker if you decide that you would like to make that trade. Once you decide that the trade is right for you, read these word for word; your broker will probably want to go over the order with you over the phone. Or, enter them online with your broker. 3. Don’t worry about watching every gyration in the market. It’s normal for investments to fluctuate without a change in the fundamental trend, and those fluctuations could have a significant impact on the daily value of your positions without really making a significant difference in the final outcome of the trade. 4. Avoid investing excessive quantities that might jeopardize your capital. Some people say: “If I can aim for a $10,000 profit with my first recommendation, why not double or triple the bet?” That approach may be acceptable if it’s a small percentage of your liquid assets, but more often than not, it can reduce the chances of long-term success. 20

To maximize your chances, my trades are designed to spread your capital out over a period of time and give you a diversified portfolio with a major focus on risk management, as noted in previous sections above. 5. Don’t expect profits on every trade. That’s not possible. Plus, as I explained earlier, it’s not how often you win that counts; it’s how you manage risk and how you manage your winners that really makes for a positive track record. So always bear that in mind.

Some Additional Tips … There are huge potential profits just waiting out there. But due to the increased volatility in the global financial markets, there are also pitfalls you must carefully avoid. So, it is essential that you follow these guidelines: 1. When I recommend using a stop to enter a buy or sell, NEVER ignore that stop and use a market order instead. This is VERY IMPORTANT. When I use a stop order to initiate a long or short position, that stop signifies a breakout or breakdown in the market. If you act on it before the stop is hit, you are not acting on any appropriate signals and are just guessing what the market will do. That’s a surefire way to LOSE money. 2. When you trade the securities that I recommend using a limit (i.e., Good-TillCanceled) order in Gold Mining Millionaire, never pay more than the price I specify. Chasing a price will only cost you more money. 3. Don’t fret if you aren’t able to buy or sell right away. My stop orders are designed to signal an extension of a trend, or a reversal. If you act before they are hit by the market, you are not acting on a signal, and I repeat what I said above — you are merely tossing a coin and taking a chance. 4. Follow my recommendations closely. Money management is an important part of success with the Gold Mining Millionaire service. I aim to manage risk in a disciplined and consistent manner, often by using stop-loss orders when necessary to reduce your risk of loss. By doing so, this strategy prepares your portfolio for success. As I said before, it is totally up to you to decide on whether or not to make the trade, but if you do decide to make the trade, be sure you follow my recommendations as closely as possible— and exercise discipline at all times. And always be sure to take advantage of ...

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Your Membership Benefits This is a VIP service, where I am determined to give you not only the best profit opportunities under the sun, with very carefully managed risk — but also the best service. But it’s up to you to take advantage of the member benefits you receive. To review them ...

MEMBER BENEFIT #1 24/7 access to my Gold Mining Millionaire ONLINE: You get 24/7 access to my Gold Mining Millionaire ONLINE website. This is your new destination site that contains all the research, analysis, news and information you’ll need to build your million-dollar junior gold miner portfolio. Just point your browser to our members-only website and you’ll have full access to my working papers and research on every junior mining stock I follow. You’ll get to come into my private trading room every day to review my latest research and in-depth analysis on gold, silver, and other precious metals, plus the latest developments and breaking news on dozens of junior mining stocks worldwide. And I’ll do something else I’ve never done before: For the first time ever, I’m going to let you see the research BEHIND my recommendations with excusive tools, including ...

Portfolio Tracker: Gives you a quick overview of every junior mining stock I recommend buying, holding, or selling including the profit or loss on each position, limit price, profit targets, next earnings reporting dates, and more ... Gold Mining Millionaire Watch list: My comprehensive list of the best junior mining shares – the pool of stocks I’ll be drawing my recommendations from. You’ll be able to see at a glance the price of each stock in relation to the value of its assets – including its proven reserves of gold, silver and other metals. This shows you the true value of the company in real terms! Plus, you’ll get to watch me evaluate the list in real-time looking for the select stocks that offer the best profit potential … My Exclusive Cycle Charts: I’ll give you VIP access to my proprietary Artificial Intelligence and neural net cycle charts for gold, silver and every company in our portfolio – so you can see the forces at work behind every share you own …  Timely Trade Alerts: Plain-English, easy-to-follow “buy” and “sell” recommendations for each position in our portfolio including price limits, stops, profit targets and more … Follow Up Editorial: Regular issues covering the latest developments affecting our stocks and macro news that impacts precious metals including my analysis … 22

 Jr. Miners Earnings Calendar: I’ll keep you abreast of the latest quarterly sales and earnings reports from my watch list of select junior mining stocks. Plus, you’ll be able to access each company’s earnings report and quarterly conference call – all with the click of your mouse. … Exclusive CEO Interviews: Listen in as I hold management accountable for every development and hold their feet to the fire about results and business strategy… Earnings Summary Podcasts: Detailed follow-up analysis of CEO interviews, quarterly results, and any changes in our positions that I believe are warranted … And an Editor’s Mailbag where you can ask me or my staff any questions you like about Gold Mining Millionaire any time you like. I can’t give you advice that’s tailored to your financial situation, age, family commitments, or other personal circumstances. But I will do anything I can to help you get maximum value out of my service. The Web site is available at https://gold.moneyandmarkets.com/

and your username and password can be found in the welcome e-mail you received from me.

MEMBER BENEFIT #2 Live online video briefings You’ll receive e-mail invites from me when I hold live online video briefings. I’ll give you my forecasts for ... and keep you posted on all the key forces that impact the precious metals markets — always aiming to further maximize our profits and help reduce risk. You’ll also receive advance information on any improvements I’m making to my trading approach, any changes — and why. PLUS, I’ll answer your most frequently asked questions, LIVE! To make sure you never miss a single session, I’ll have the video recording posted to the members-only Web site and I’ll also be sure to e-mail you a complete transcript for easy reference.

MEMBER BENEFIT #3 Members-Only VIP Helpline. You’ll also receive access to our Members-Only VIP Helpline. The second you joined my Gold Mining Millionaire, you became a Very Important Person in my book — and I’ve made sure you’ll get the personal, kid-glove treatment every step of the way. 23

How to Reach Us Gold Mining Millionaire is an exclusive service — our professionals are on standby to assist you. I want to make sure you know how to contact us whenever you need more specific assistance with my recommendations. So, feel free to contact us at 1-800-291-8545 if you have any questions related to this service, such as: How to set up your account How the service works and the investment vehicles I will be using Understanding trading instructions For any questions about your subscription — renewals, changes of address, a retransmission of an issue, etc., there are two ways to reach us: 1. Phone: 800-291-8545 (best option) 2. E-mail: [email protected] To avoid delays in responding to your questions or processing your requests, include the name of this service — Gold Mining Millionaire — as well as your full name. If you are changing your e-mail address, please include both your current and new information. To temporarily suspend service for any reason, please e-mail us the date you wish to suspend service and the anticipated date you expect to resume the service. Although we can’t give you advice tailored to your individual needs, your personal Customer Care Representatives will do their best to provide answers to all your questions about the service and the trades. PHONE is the best way to reach us for routine questions about your subscription, changes of address and non-receipt of Gold Mining Millionaire issues. Please call our Customer Care Center at 1-800-291-8545. And remember, you may also E-MAIL any questions to [email protected]. If you experience any transmission problems, please contact us immediately at 1-800291-8545 for assistance in resolving the problem. I urge you to periodically check your email program to ensure that you are accurately and promptly receiving my recommendations and alerts.

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Important E-mail Information E-mail makes it easy for you to retrieve your issues from anywhere in the country or around the world. But be aware that problems can arise when using e-mail. Several email service providers have recently decided not to deliver incoming e-mails unless the sender’s address is located in your address book. To ensure that all of your important trading instructions and issues reach you in a prompt and consistent manner, we encourage you to add the following address to your personal e-mail address book: [email protected]. If you have any questions on this topic, please call us at 1-800-291-8545.

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Frequently Asked Questions Q: I missed a trade because of two days of back-to-back meetings at my office. What should I do to catch up on the trade? A: If you occasionally miss a trade — for whatever reason — let it pass. Trying to catch up on a trade will most likely result in a loss for you. Instead, wait for my next trade recommendation. Remember, discipline is the key to making good profits. Also, please do contact your Customer Service representative to discuss alternate ways of sending you the issues, such as another e-mail address, to your cell phone or to your hotel. Q: I have an open position that is cheaper now than when I first purchased it. Should I add more shares at this lower price to “average down” my cost basis? A: Only if I recommend doing so in a subsequent issue. It will depend on what signals the underlying security is giving me. Sometimes the signals will warrant adding more to positions; sometimes they don’t. Q: I am a new member and I read about a trade that was recommended before I signed up for the program. Should I follow those instructions now? A: No, as I stated previously, if you don’t get into a trade — for whatever reason — be patient and wait until you receive a new, fresh trade recommendation from me. Q: Sometimes I feel like getting more aggressive with some of your recommendations and swinging for the fences. Sometimes it’s to make up lost ground in my portfolio, and sometimes it’s because I just feel stronger about the trade. Any guidelines on when and how I should get more aggressive? A: It’s always up to you to act — or not — on any trading recommendation I make. It’s also up to you how much to invest each time. However, I discourage you from getting more aggressive on any one particular recommendation. Instead, it’s far better to be consistent in how you trade — and to follow my lead as closely as possible. Q: Can I send in a list of my personal portfolio holdings for you to do research on so that you can tell me which I should buy more of and which to sell? A: While we appreciate the confidence you have in our company, unfortunately, we are not able to provide individual advice on any investment, the structure of your individual portfolio, or any other analysis of your individual finances. Q: My last name begins with a “Z.” Does that mean I am always at the end of the line 26

in receiving your issues? How does your delivery system work? A: We make every effort to make sure the order of our transmissions is fair to all members. Each morning, we compile a fresh list of all of our members’ e-mail for all of our services. This information is then uploaded into our e-mail software — so that we can be ready to send out urgent trading recommendations at a moment’s notice. The member contact data is compiled in a different random order each time and is never sorted by name or e-mail address. So, on any given day, your issue may be sent first, last or, more likely, somewhere in the middle. This is designed to ensure that all members are treated equally by the technology we use. Most important, the entire transmission is usually completed in a very short period of time, substantially reducing any time differences between the first and last recipients.

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Addendum: About Warrants A warrant is a transferable, quoted security that is similar to an option. The owner of a warrant has the right — but not the obligation — to buy the underlying stock at a certain price up until a specified exercise date. Warrants, like options, trade on exchanges. Unlike an option, a warrant is issued by a company, not an exchange. Also unlike an option, when a warrant is exercised, the underlying stock is delivered by the issuing company, not an investor holding the shares. Warrant certificates have stated details regarding the underlying stock, the specific expiration date, and the exercise price. Warrants tend to have long expiration dates. Let’s look at an example … Shares of XYZ are currently priced at $10.00 per share. Warrants for one share of XYZ with an exercise price of $25 are currently selling for $1.00. The expiration date on the warrant is May 1, 2021. We decide to buy one warrant. What have we bought? We have bought the right to purchase one share of XYZ at $25 up until May 1, 2021. If the price of XYZ rises above our exercise price $25 prior to May 1, 2021 — let’s say to $30 — we can exercise our warrant for $25 and immediately sell the shares for $30. We’d make a profit of $5, excluding the $1 we paid for the warrant in the first place. If the price of XYZ falls below our exercise price of $25 — let’s say to $20 — we would be out of luck. After all, it wouldn’t make sense to exercise our warrant and pay $25 for XYZ stock when it’s selling for just $20. We can also just hold onto the warrant without really planning on exercising it. And that’s not a bad idea because warrants tend to move up in price in step with their underlying stock. And that could be very profitable. Here’s why … Considering our example again, let’s say after purchasing our warrant on XYZ for $1.00, the price of XYZ goes up to $11 from $10. Meanwhile, your warrant also increases in price to $1.50. At first glance, that may not sound like a lot. But if you do the math, while XYZ went up 10% ($10 to $11), our warrant on XYZ went up by 50% ($1 to $1.50). That’s a big difference and shows the power of warrants. But don’t forget: The opposite is true as well. If XYZ were to drop by 10% to $9, our warrants would drop by 50% to $0.50. 28

About the Editor Tens of thousands of investors rely on Mr. Edelson’s forecasts. Billions of dollars have been traded based on his research and analysis — and for one good reason: Larry Edelson has been right about the future an astonishing number of times throughout his 39-year career. Investors who have heeded his forecasts have had the opportunity to earn tremendous amounts of money. Mr. Edelson is one of the few analysts alive who has accurately predicted every major twist and turn in the gold market since the late 1970s. The last time he predicted rising gold prices — in late 1999 — the yellow metal rallied 533% to over $1,900 per ounce. That would be enough to multiply your money more than six times over. Edelson also called the top of the gold market in September 2011, telling his newsletter members that the rally in gold and silver was over for the time being. Gold prices began falling on cue. In 2002, Larry warned that the U.S. dollar would plunge. In fact, the Dollar Index fell more than 41% to a low on March 17, 2008. Then, in 2014, Edelson announced that the bear market in the dollar was ending and that the greenback would rise against virtually all other currencies. Mr. Edelson is also known for accurately predicting the collapse in oil and grain market prices in 2014 and early 2015 — two events that took many professional commodity traders by surprise. Larry Edelson’s stock market forecasts have been equally prophetic: In 1987, Mr. Edelson accurately warned of the largest collapse in U.S. stock market history. And he also predicted that, after the crash, the market would rally to new highs by 1989. The Dow lost nearly 23% of its value in a single day — on October 19, 1987, just as Edelson predicted. Then, it rallied nearly 73% to a new high on October 9, 1989, just as he had predicted. Mr. Edelson is also one of only a small handful of analysts to publicly warn that the U.S. housing market would crash in 2008 — and that a brutal recession would follow. By early 2009, the U.S. real estate and credit crisis had left the stock market in tatters. Most investors — and most analysts — were avoiding stocks like the plague. But in March — within two weeks of the exact bottom in the market — Edelson very publicly announced 29

that the worst was over; the stock market was about to rally. Over the next seven years, the S&P 500 rose more than 252%, just as Edelson predicted. What’s more, all of these forecasts, warnings and recommendations are matters of public record; they were published and posted on the Web in real time. When Mr. Edelson speaks, investors listen.

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Research Trading Analyst, Dave Dutkewych With over 15-years of professional investment experience, David Dutkewych has worked in a number of different roles within the financial services industry. He has held positions as an investment associate, financial analyst, market analyst, commodities analyst, trader, and writer. Previously, David worked at Weiss Research as an editor and market analyst for a number of years before joining a small wealth management company and later served as the Director of Advertising Operations at Bankrate, a NYSE listed financial services company. David is the Editor of Free Money Investor and serves as Trading Analyst for two Weiss Research publications: Ultimate Stock Options and Supercycle Trader. Dave Dutkewych combines both in-depth technical knowledge of stock ratings and many years of experience with portfolio management. David is a CFA Charterholder and is a member of both the CFA Institute and The CFA Society of South Florida. He holds a bachelor’s degree from the State University of New York at Geneseo and he received his MBA from Palm Beach Atlantic University.

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