Precious metals appear to be forming a bottom here, and if you were waiting for the slightest sign of strength to get back on the long side of the market, you may do so, as we have just seen it today - gold rose $10 so far along with a small decline in the USD Index. The final buy signal will be given if USD moves decisively lower and PMs would perform well, regardless of the weakness in the general stock market. The latter has broken below its support level, but this might be a fake move, just like it was the case at the end of September. Therefore, we need to wait either for a confirmation in the breakdown, or for a sharp rally, before making final calls. It seems that we might see a decisive action in the abovementioned markets today, and I will cover it in tomorrow's Premium Update.

The coming bottom will provide us with another great buying opportunity or a chance to rebalance one's buy-and-hold portfolio in terms of precious metals stocks, so that you will own the best performing stocks during the following rally. Generally, the Leverage Calculators from the Tools section were designed for this role, and they are still the best Subscriber-exclusive tool for the job. However, during the past few months, I have received many e-mails, in which Subscribers wrote that the calculations behind these tools are rather unclear and the interpretation of the outcome is problematic.

Therefore, a few months ago I started to work on individual gold/silver stock charts that would illustrate the logic behind Leverage Calculators. While I was working on it, several additional ideas popped up such as commenting on the under-, and overvaluation of a particular stock, and creating automatically-updated interpretation of the leverage, and exposure coefficients. For instance, you might have been wondering, whether R-square of 53% is low or high and what does it mean to you.

I am happy to inform you that the abovementioned work has been completed and the outcome is ready to use. From now on, you will get to see my view on each gold/silver stock's exposure and leverage, along with an easy-to-use interpretation. Additionally, you will be able to see details of each stocks performance relative to gold/silver, how much under- or overvalued it is, and much more. Naturally, all of the above is updated on a daily basis (including the interpretation).

Please note that although the new content is available publicly, the true advantage comes from using the new charts along with the Leverage Calculators by creating a ranking of gold/silver stocks first, and then checking details of the top stocks. Without the Leverage Calculators, it would take a lot of time and effort to compare PM stocks with each other. Moreover, the charts themselves do not allow one to conduct simulations of gains with regard to the change in the price of the underlying metal. The reason that I mention this is that I don't want you to think that I'm giving out the Premium content for free. Conversely, the "free charts" are a practical supplement to what you have exclusive access - without that, it remains just a "teaser" to the full version of our service.

Although it may not be visible at the first sight, researching, developing, automatizing and fine-tuning 276 (!) charts is very time-consuming process (which took me many weeks more than I had originally planned), so I would really love to hear your feedback on that matter. Even though I may not be able to reply to every e-mail (more improvements are underway + I need to monitor the markets), I will definitely read and am thankful for all of them.

A picture is worth a thousand words - how many words would that be for 276 high-quality, easy-to-use, extremely practical pictures dedicated to precious metals stocks? A 276,000-word story is quite an amount of information, especially if its told every day in a slightly different way. Click on the link below to check out the newest section on my website.

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