The lead mining company is still in their list for June. It sold off in May because it came down 15%, but they re-established their position. I made the mistake of not reading the last page, and bought it based on the writeup and didn’t see the stop loss. So I own it without a stop loss.

I am surprised the oil stocks they found are so cheap, less than P/E of 9. I am going to buy a few. Oil is not going to get much cheaper. It may go down short term, pick up for July 4 driving weekend, go down, etc, but long term trends are up.

anxvariety – I subscribe to the Zeal Intelligence (ZI), the monthly letter, and the stock you mention is covered in the Zeal Speculator, the weekly service. However, since all their recommendations are listed on the last page of ZI, I picked it out to buy. But first I needed to know what a Nov 60 call means.

The Zeal newsletter explains that gold moves with the price of the dollar in Phase 1, but on its own in Phase 2.

I read Chris J’s newsletter, and he has his really cool charts analyzing gold, the US$, inflation, and more. He writes that in early 2005, we had a dollar rally, and gold went up. So he found that the US$ doesn’t create fluctuations in the price of gold. He finds gold is more related to inflation. You’ll have to sign up for the newsletter to see this. Does this jive with Zeal? Zeal says in Phase 2 of the gold bull, the dollar and gold are not correlated, but can coincidentally move together. It seems these guys would make the same entry point into gold, just looking from a different angle. Zeal is waiting for a return to the 200dma, while Chris is waiting for all his technical signals to line up. My guess is that they will select the same entry point.