Chen Lin’s Secret to Finding the Next GoldCorp

by JT Long
The Gold Report

Chen Lin, author of the popular stock newsletter What Is Chen Buying? What Is Chen Selling?, knows the smart time to look for the next big gold company is when everyone else has left the sector. With China making moves to invest trillions in commodity-hungry infrastructure, Lin is traveling the world looking for the companies with the right projects in the right places making all the right moves. In this interview with The Gold Report, he shares some of the insights from his recent travels and discusses three companies with potential to be the next Goldcorp.

The Gold Report: You’ve written that the China-led Asian Infrastructure Investment Bank (AIIB) could lead to a boom in commodities. We recently saw that South Korea is joining a number of European countries and signing on, despite U.S. reservations. Do you see this as a threat to U.S. fiscal dominance?
Chen Lin: I think this is a first step for China. The country has a huge reserve, $4 trillion, much more than it needs on the balance sheet to stabilize its currency. The rest is wasted, collecting no interest. China made some huge mistakes in the past through poor acquisition decisions because of faulty lending standards.
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3 Triple-Digit Stocks With Upside Potential of At Least 40%: Apple (NASDAQ: AAPL), Gilead Sciences (NASDAQ: GILD), NXP Semiconductors (NASDAQ: NXPI)

It's a common misconception among new investors, and one that even veterans occasionally make: assuming that a stock's price is the ultimate determinant of value.
Of the more than 7,000 stocks currently listed on U.S. stock exchanges, just 428 have a share price of $100 or higher. By comparison, there are more than 900 companies to choose from with a share price of $5 or less. The perception of being able to buy more shares of a lower priced stock, as well as the idea that it'd be easier for a $5 stock to double in value than a $100 per share stock, tends to lead novice investors and short-term traders away from some very trustworthy and high growth potential triple-digit price tag stocks. (more)
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ECB To Steal Greek Bank Deposits As Greece To Default Within Two Weeks Sending Shockwaves Around The World!

kingworldnews.com /
Today one of the greats in the business warned King World News that Greece will default within two weeks, sending shockwaves around the world!  He also stunned KWN when he said what the ECB is about to do to Greece.
James Turk:  “The situation is Greece is deteriorating rapidly, Eric, and the implications extend far beyond the euro.  KWN readers need to be ready just in case there are some nasty surprises over the next couple of weeks that roil markets around the globe….
Continue reading the James Turk interview below…
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Iconix Brand Group Inc (NASDAQ: ICON)

Iconix Brand Group, Inc., a brand management company, owns, licenses, and markets a portfolio of consumer brands across women’s, men’s, entertainment, and home primarily in the United States and internationally. The company brand portfolio includes Candie’s, Bongo, Badgley Mischka, Joe Boxer, Rampage, Mudd, London Fog, Mossimo, Ocean Pacific, Danskin, Rocawear, Cannon, Royal Velvet, Fieldcrest, Charisma, Starter, Waverly, Ecko Unltd, Marc Ecko Cut & Sew, Zoo York, Sharper Image, Umbro, and Lee Cooper brand names. It also has interest in Artful Dodger, Material Girl, Peanuts, Ed Hardy, Truth or Dare, Billionaire Boys Club, Ice Cream, Modern Amusement, Buffalo, Nick Graham, Hydraulic, and Strawberry Shortcake brands. Iconix Brand Group, Inc. licenses its brands directly to retailers and wholesalers for use across a range of product categories.
Take a look at the 1-year chart of Iconix (Nasdaq: ICON) below with added notations:

ICON has been trading sideways over the last 3 months. During the sideways move the stock has formed a common pattern known as a rectangle. A minimum of (2) successful tests of the support and (2) successful tests of the resistance will give you the pattern.
ICON’s rectangle pattern has formed a resistance at $36 (red), which was also support back in October, and a $33 support (green). At some point the stock will have to break one of the two levels.

The Tale of the Tape: ICON is trading within a rectangle pattern. The possible long positions on the stock would be either on a pullback to $33 or on a breakout above $36. The ideal short opportunity would be on a break below $33.
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Ross Clark on Equity Markets, and Josef Schachter on Oil and Gas. Ted Dixon Discusses Insiders.

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The Top 10 Dow Dividend Stocks for April

It’s hard out there for income investors.

10-year Treasuries are yielding just 1.9%, the dividend yield on the S&P 500 is also stuck right around 2%, and investors are mired in a constant will-they-or-won’t-they with the Federal Reserve.
Interest rates look like they’ll finally edge higher this year, but the Fed’s general dovishness means any rate hikes will probably be fairly insubstantial.

Luckily, there are still plenty of solid blue-chip dividend stocks out there. They’re a little riskier than pure fixed-income investments, sure, but they’re also a lot likelier to appreciate over the next five years or so, which won’t be true for bonds if rates finally advance.
With that said, today we’ll look at the top 10 dividend stocks in the Dow Jones Industrial Average — a set of blue chips that each yields more than 3% currently: (more)

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Kyle Bass Warns “The Fed Is Backed Into A Corner… Equities Are My Biggest Liquidity Worry”

zerohedge.com / by Tyler Durden on 03/28/2015 – 19:15
While Kyle Bass is usually the smartest man in the room, among this crowd he is Einstein as he carefuly explains – while sitting politely during status quo interruptions – the real state of the world “the unintended consequence of QE has been to widen the income gap,” what is behind the Potemkin Village of the stock markets, how The Fed is “backed into a corner” of raising rates against their will, and why bond yields (at the long-end) will drop further. Currency wars are net positive, as Greg Ip suggests, and will not end well, as he concludes in one section, “why haven’t all the Yen left Japan already?”

“How many rich people do you know today that are poorer than they were at the peak in 06/07 (apart from Dick Fuld), I don’t think I know any.. QE has been distributive to the rich… but now that the world has started this policy it is unable to end it…

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