Sell Gold (Part III) – The Fed is Priced in but the ECB is Not

Investors are advised to read Part I and Part II of this series for background into this report. The series advises investors to take profits in gold relative securities after the commodity’s recent rapid rise. Paper profits in gold-relative securities are at risk now because of a reversion to a realistic understanding of the Fed’s rate outlook, a better looking economic situation, and three fresh catalysts from overseas. I expect these new factors to weigh significantly against gold near-term, and believe they have the power to shock gold back into place at a significantly lower valuation. The first of these imminent international catalysts is the focus of this report. See this full report on gold here.

Precious Metal Securities	03-01-16
SPDR S&P 500 (NYSE: SPY)	+2.4%
SPDR Gold Trust (NYSE: GLD)	-0.7%
iShares Gold Trust (NYSE: IAU)	-0.9%
iShares Silver Trust (NYSE: SLV)	-0.2%
Direxion Daily Gold Miners Bull 3X (NYSE: NUGT)	-11.9%
Direxion Daily Gold Miners Bearish 3X (NYSE: DUST)	+12.4%
Market Vectors Gold Miners (NYSE: GDX)	-4.2%
Market Vectors Junior Gold Miners (NYSE: GDXJ)	-3.7%
Goldcorp (NYSE: GG)	-2.9%
Newmont Mining (NYSE: NEM)	-1.7%
Randgold Resources (Nasdaq: GOLD)	-3.8%
Barrick Resources (NYSE: ABX)	-4.5%
Yamana Gold (NYSE: AUY)	-3.9%
Gold Fields Ltd. (NYSE: GFI)	-8.4%
Silver Wheaton (NYSE: SLW)	-3.6%
Coeur Mining (NYSE: CDE)	-1.3%

Please see our disclosures at the Wall Street Greek website and author bio pages found there. This article and website in no way offers or represents financial or investment advice. Information is provided for entertainment purposes only. DISCLOSURE: Kaminis is short GDX. Please see our disclosures at the Wall Street Greek website and author bio pages found there. This article and website in no way offers or represents financial or investment advice. Information is provided for entertainment purposes only. Article should interest investors in precious metals stocks: Goldcorp (NYSE: GG), Agnico-Eagle Mines (NYSE: AEM), Allied Nevada Gold (AMEX: ANV), AngloGold Ashanti (NYSE: AU), AuRico Gold (NYSE: AUQ), Aurizon Mines (AMEX: AZK), Barrick Gold (NYSE: ABX), Brigus Gold (AMEX: BRD), Charles & Covard (Nasdaq: CTHR), Claude Resources (AMEX: CGR), Commerce Group (OTC: CGCO.PK), Compania Mina Buenaventura S.A. (NYSE: BVN), DRDGOLD (Nasdaq: DROOY), Eldorado Gold (NYSE: EGO), Entrée Gold (AMEX: EGI), Exeter Resource (AMEX: XRA), Gold Fields (NYSE: GFI), Gold Reserve (AMEX: GRZ), Gold Resource (Nasdaq: GORO), Golden Eagle Int’l (OTC: MYNG.PK), Golden Star Resources (AMEX: GSS), Great Basin Gold (AMEX: GBG), Harmony Gold (NYSE: HMY), IAMGOLD (NYSE: IAG), International Tower Hill Mines (AMEX: THM), Jaguar Mining (NYSE: JAG), Keegan Resources (AMEX: KGN), Kimber Resources (AMEX: KBX), Kingold Jewelry (Nasdaq: KGJI), Kinross Gold (NYSE: KGC), Midway Gold (AMEX: MDW), Minco Gold (AMEX: MGH), Nevsun Resources (AMEX: NSU), New Jersey Mining (OTC: NJMC.PK), Newmont Mining (NYSE: NEM), North Bay Resources (OTC: NBRI.OB), Northgate Minerals (AMEX: NXG), NovaGold Resources (AMEX: NG), Richmont Mines (AMEX: RIC), Royal Gold (Nasdaq: RGLD), Rubicon Minerals (AMEX: RBY), Seabridge Gold (AMEX: SA), Solitario Exploration and Royalty (AMEX: XPL), Tanzanian Royalty Exploration (AMEX: TRE), Thunder Mountain Gold (OTC: THMG.OB), U.S. Gold (NYSE: UXG), Vista Gold (AMEX: VGZ), Wits Basin Precious Metals (OTC: WITM.PK), Yamana Gold (NYSE: AUY), Coeur d’Alene Mines (NYSE: CDE), Endeavour Silver (NYSE: EXK), Hecla Mining (NYSE: HL), Mag Silver (AMEX: MVG), Mines Management (AMEX: MGN), Silver Standard Resources (Nasdaq: SSRI), Silver Wheaton (NYSE: SLW), SPDR Gold Trust (NYSEArca: GLD), Market Vectors Gold Miners ETF (NYSEArca: GDX), iShares Silver Trust (NYSEArca: SLV), ProShares Ultra Silver (NYSEArca: AGQ), ProShares Ultra Short Silver (NYSEArca: ZSL), Great Panther Silver (AMEX: GPL), Silvercorp Metals (NYSE: SVM), Paramount Gold and Silver (AMEX: PZG), Pan American Silver (Nasdaq: PAAS) and First Majestic Silver (NYSE: AG).