Read ‘Adrian Day Interview, Treacherous Market!, Gold Again‘, e-mailed today StockResearchPortal.com Subscribers – a research Website dedicated to Mining and Oil & Gas Stocks.  The e-mail:

• references an article reporting an interview with Adrian Day of Adrian Day Asset Management where Mr. Day gives his current views on physical gold and gold mining stocks;

• reports on, and links to, a ‘farewell letter’ written to his clients by a prominent hedge fund manager;

• comments, with reference to a current article, on gold and the gold price; and,

• gives an outline of StockResearchPortal.com’s data feature ‘Resource, Stock Indice & Currency Exchange Charts – including ‘how to quickly access them.

In part, the e-mail reads:

“Adrian Day Interview

If you have an interest in gold and gold equities I highly recommend you take the time to read a summary of an interview with Adrian Day (who runs the boutique global investing firm Adrian Day Asset Management) – reading time 5 minutes.  The article, titled ‘Adrian Day: Buy Gold, Sell Wheat‘ has almost nothing to do with wheat, and everything to do with gold, gold producers, and gold explorers.  I commented on that article this morning as follows:

I know nothing about the wheat market. That said, I think whoever concocted the title for this article did themselves and Mr. Day a disservice. This is not really an article about wheat at all. Rather it is a summary of what I see as Mr. Day’s well-balanced views on gold, gold producers, and gold explorers.

I particularly like – and generally agree with – Mr. Day’s comment on the share illiquidity attached to many ‘Junior Explorers’ with small market caps – assuming one holds a large ‘investment position’ that represents a multiple of one day’s average trading volume for a particular company. On a personal level I believe that some of the junior gold explorers are the most interesting and exciting investments around. However, if one is going to invest in junior gold explorers – meaning hold for possible capital appreciation – I say ‘you better do your homework, get to know the management and their philosophies and (in particular) their corporate governance principles and be ulcer proof’. Setting the ‘choice of title’ aside, good interview write-up, Mr. Hougan.

While about 60% ‘there’, we continue to develop StockResearchPortal.com as the ‘go to website’ to do the very type of research I mention in my comment.  I can assure you that if we don’t accomplish our goal it will not be ‘for lack of trying’.

Treacherous Market!

I suggest you read, and think carefully about the contents of, an article titled ‘Abandoning a treacherous market‘ which summarizes a recent ‘farewell letter’ written by Paolo Pellegrini to investors.  Pellegrini, a former Paulson & Co executive who helped that firm make more than $3 billion by shorting sub-prime mortgages (see my earlier e-mails referencing Goldman Sachs role in all of that) apparently announced two weeks ago that he was winding his ‘post-Paulson’ hedge fund down after generating returns for his investors of 40% and 62% in 2008 and 2009 respectively, and warned of what he perceives to be “impending calamity” – reading time 5 minutes.

Gold – Again

Given the number of times I have written recently about ‘Gold’, I am beginning to be concerned I am being seen as something of a ‘gold bug’ by readers of these e-mails.  To be clear, I do believe in physical gold ownership as a ‘safe-haven holding’, but don’t believe in trading it for hoped for ‘swing gains’, and think it only something one should own if they are unconcerned about the price of physical gold on any given day.

That said, I recommend you take the time to read an article titled ‘$6,000 – $10,000 Seen As Realistic Parabolic Top for Gold‘ – reading time 6 minutes.  The article’s author says he expects the price of gold to rise substantially in the next 5 – 10 months, then ….. ” – to continue reading click here

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