“Hey, Rick!” writes long-time subscriber Joe M. “Bob Moriarty, John Mackenzie and Jeff Kern have all given buy signals within the past few weeks, and that’s good enough for me. Could you give some possible entry points in Hecla, Vista Gold, Coeur d’Alene, Bema, Eldorado Gold – or anything that you’re in tune with?” Surely, Joe. We’ll consider these stocks and many others in real time come Tuesday morning, when Rick’s Picks holds a special Q&A session. Special in what way? Well, usually I take questions only during scheduled session hours. This time, though, to give subscribers who live outside of North American a chance to participate, I’m going to open up the e-mail chute starting MONDAY evening at 8:30 p.m. EST. Quite a few Australian subscribers have asked for this, since, for them,  it’s 3 a.m. the next day when we’re busy chatting away around lunchtime in New York.

Concerning the bullish consensus on gold, the three guys you’ve mentioned pack almost as much force as the Earth’s rotation. We turned bullish on gold ourselves within two ticks of the Dollar Index’s high on February 8, and managed to buy some shares in DROOY and Canyon Resources at their exact lows (respectively, 1.21 and 0.82). Still, I’m not willing to stick my neck out too far, since both the XAU and the HUI have yet to hit bullish tripwires that will allow us to relax some. I plan to take the rally in bullion and precious-metal shares one day at a time, especially since the mining stocks appear to be  lagging physical gold and silver so far. Anyway,  if the likes of Bema, Coeur d’Alene and Vista really are on their way to the moon this time, we won’t be giving up much if we happen to miss the initial explosion – and not that we necessarily will. To take Bema as an example, the stock would need to surpass the 3.07 peak made on January 7 to create a bullish impulse leg on the daily chart. We’d want to buy a pullback from above that price, for sure, but in the meantime, what’s the rush?  

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