How To Get A 2.5% Discount On Gold And Silver, 10% On Miners, And A 10% Dividend

This series of articles does not aim at predicting where precious metal prices will go, but at showing investors where they can get more value for their money.
In my last update five weeks ago, I wrote about the price of gold:
It is likely to go to the next resistance zone between $1360 and $1380. The net short interest of commercial hedgers represents 20 million ounces, which is significantly above the average since the bear gold market started in 2012. It may mean that precious metal insiders are not confident that the rally will continue much higher.
Gold exactly hit the $1360 mark one week after my article was published. It has since been falling back in the $1200-$1300 range, where it has spent most of the year.
Gold Price Chart

Source: Yahoo Finance.
Gold is an asset for which supports and resistances work well ... until they are broken. It was not yet the time. It will soon be the "good season" for precious metals (November to February). We'll see what happens in the next swings.
Gold Price Weekly Chart

Source: Finviz.
The short interest of commercial hedgers went a bit down (note of caution: COT data are made public with a few days of delay). The situation is similar in silver (SLV) and platinum (PPLT). Platinum has already fallen closer to its support zone than the two other metals, probably making it a better play at this time.
Platinum Price Daily Chart

Source: Finviz.
Palladium has also... Read more