Tuesday 10 January 2012

The Daily Reckoning
Dear Daily Reckoning Reader,

Byron King just finished his video session for the upcoming gold video series.

It’s been a flurry of activity ever since we first discovered gold’s mispricing — and ultimately decided to host this Gold-Pricing “Malfunction” video series. Designers, researchers, video specialists and gold experts are all running around the office here in Baltimore in an attempt to beat the clock.

Problem is we don’t know when the bell tolls, so to speak.

At least gold is doing its part to extend the window of opportunity a little longer...more on that from Bill below.

“We don’t think gold is going to go up this year,” Bill Bonner ventured on Friday. “It’s been up every year for the past 11 years — the most durable bull market in recent history.

“It’s ready for a rest.

“Even so, we should probably expect it to go up again. Because the danger of thinking it will go up is far lower than the benefit of thinking it will go down.”

And if it falls to $1,400...or even $1,200...that’s just an opportunity to load up on more.

And right on cue, gold stocks are going nowhere this morning. The HUI index sits a hair below 520...still on the low end of the trading range where it’s been mired since October 2010.

But an examination of the HUI-to-gold ratio — literally the HUI divided by the gold price — reveals a historic buying opportunity...



By this measure, gold stocks are nearly as good a value as they were during the panic lows in early 2009. From there, the HUI doubled in less than two years.

The above chart jives perfectly with research we’ve been doing on our own: We’ve uncovered an anomaly within the gold market that’s occurred only four times in the last 33 years. The smallest gain this anomaly has delivered is 74%. But it’s also generated as much as 219%.

We’ll show you the updated chart tomorrow...and we’ll tell you why the window of opportunity might be closing very soon. For now let me assure you our own research checks out against reputable experts including resource investing guru Rick Rule...fund genius Frank Holmes...and our own aforementioned Harvard-trained geologist Byron King.

They’re among six experts we’ve assembled for an online seminar on this very rare opportunity. Here is a picture of Byron recording his segment this morning in the library attached to my office...



In Mr. King’s left hand is an iPhone. In his right hand is a quartzite rock with gold ore. Guess which one is worth more?

More to the point, Byron names his favorite gold stock of the moment during his talk...and you can access it free. You can also get the sessions with Rick, Frank, Chris Mayer, Michael Pento and Nick Bruyer.

Every one of them is free. And several of our speakers will reveal their single-best opportunity to profit from the rare gold-pricing anomaly. They’re available starting Thursday...and access is yours as soon as you sign up...for free. Here’s where to do so.

Sincerely,

Addison Wiggin
Executive publisher, Agora Financial

P.S. We don’t know for sure when this window of opportunity will close. What we do know is that the deadline for signing up to learn how to play it is Wednesday, Jan. 11, at midnight.