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3 Stocks to Buy on Gold Pullback

Sean Brodrick | June 16, 2009

Gold is pulling back as gold rallies. I think this move is short-term, and the question you should be asking yourself is: “What am I going to buy when gold bottoms?” In this video, I tell you three stocks I’d buy — and two I wouldn’t touch with a 10-foot pole.

Yours for trading profits,

Sean



About Uncommon Wisdom

For more information and archived issues, visit http://www.uncommonwisdomdaily.com

Uncommon Wisdom (UWD) is published by Weiss Research, Inc. and written by Sean Brodrick, Larry Edelson, and Tony Sagami. To avoid conflicts of interest, Weiss Research and its staff do not hold positions in companies recommended in UWD, nor do we accept any compensation for such recommendations. The comments, graphs, forecasts, and indices published in UWD are based upon data whose accuracy is deemed reliable but not guaranteed. Performance returns cited are derived from our best estimates but must be considered hypothetical in as much as we do not track the actual prices investors pay or receive. Regular contributors and staff include Kristen Adams, Andrea Baumwald, John Burke, Amber Dakar, Dinesh Kalera, Red Morgan, Maryellen Murphy, Jennifer Newman-Amos, Adam Shafer, Julie Trudeau, Jill Umiker, Leslie Underwood and Michelle Zausnig.

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This investment news is brought to you by Uncommon Wisdom. Uncommon Wisdom is a free daily investment newsletter from Weiss Research analysts offering the latest investing news and financial insights for the stock market, precious metals, natural resources, Asian and South American markets. From time to time, the authors of Uncommon Wisdom also cover other topics they feel can contribute to making you healthy, wealthy and wise. To view archives or subscribe, visit http://www.uncommonwisdomdaily.com.

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© 2009 by Weiss Research, Inc. All rights reserved.

15430 Endeavour Drive, Jupiter, FL 33478

Sean Brodrick is a natural resources expert and editor of Global Resource Hunter, a monthly newsletter designed to help you ride the commodity supercycle – an ongoing surge in price of food, energy, metals and more.

Sean is also the editor of Junior Resource Millionaire, a weekly service that aims to help you rack up profits on trades with explosive potential in the precious metals, base metals, agriculture and energy industries.

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{ 15 comments… read them below or add one }

Sandra Simmons Tuesday, June 16, 2009 at 10:08 am

I couldn’t understand Sean in his video – the audio was not understandable. I want to know what he said though, so can you post the transcript?

Reply

Allen Finkenaur Tuesday, June 16, 2009 at 10:42 am

Had trouble opening the program. He speacks too fast and not distinctly. Why not put this in print where we can read it?

thanks

allen

Reply

Denis Tuesday, June 16, 2009 at 10:48 am

Hi Sean,
Just listened to your video report.Being Canadian I agree with your two picks of G-tsx,and Newmont Mining. Most north Americans should stick to N.Amer.—-unless your adverse to risk.

Denis

Reply

Stephen Tuesday, June 16, 2009 at 11:02 am

Wish I knew what he is saying.. I am hearing impaired and it’ll be great if it has closed captioned build into it!

Reply

Walter Davies-Owens Tuesday, June 16, 2009 at 12:06 pm

Its all very well for you to say “You should have taken profits”. why didn’t you say. Now I’m stuck with a loss and have to wait for a turnaround. Good Call!! Video way too late.

Reply

Michael Skowronski Tuesday, June 16, 2009 at 12:36 pm

I can’t hear the video. Other videos I watch work fine; I can hear them. But not yours. Check it out yourself, something is wrong with it.

Reply

Marty Tuesday, June 16, 2009 at 5:21 pm

That was smart to dump some holdings before this pullback. I felt it coming as well, but held on to my positions.

Reply

Person with a hearing loss Tuesday, June 16, 2009 at 5:26 pm

You should post the call letters as your speech is difficult to understand by those of us who have a hearing loss…. when you say three letters fast we can’t understand them. Thank you. I was born with a hearing loss, but I am an investor.

Reply

David Inman Tuesday, June 16, 2009 at 7:05 pm

I can never get the video to load. What am I doing wrong. Slow dial up connection in Alaska.

Thanks, Dave Inman

Reply

Pete Tuesday, June 16, 2009 at 8:18 pm

Please use the stock symbols. All of you there are missing the boat on SILVER – Klaus says it is not money ???????? say again ?????? see last contrarian .
There is more gold than silver which is in short supply

See Theodore Butlers columns Blessings Pete

Reply

Gunter Geiger Wednesday, June 17, 2009 at 9:53 am

Sean , agree with th people that you are a little difficould to hear, Now I tune up the volume is better, but when you runn from one short symbol to the next and next You lose me, pls summarize on the end THE Recomendations,you should get out these you should be ,this way I can write down what your recomendations are I am missing them now. Thank You

Reply

ken wallmeyer Wednesday, June 17, 2009 at 1:53 pm

Yes, please just post a letter, something we can read. Video availability and quality is so iffy, makes we want to
delete the e-mail and not even try.
/ Ken Wallmeyer

Reply

Chris Wednesday, June 17, 2009 at 4:18 pm

Sean, you said that we should be out of gold in anticipation of a correction. I don’t recall you making this recommendation in your Uncommon Wisdom reports/videos. Also, you recommended that we stay away from certain gold stocks like Kinross (KGC) since they are laggards and will be an under-performers when gold turns up again. This is contrary to the recommendation of Claus Vogt and Larry Edelson. Is this because your investment time-frame is much shorter than theirs. Or am I missing something? Thank you.

Reply

Sean Brodrick Wednesday, June 17, 2009 at 5:14 pm

Hi, Chris. Look more closely at my videos and my blog. And yes, I’m talking very short-term time frame. Longer-term, I am very bullish.

And heck, this market may make a fool of me yet. Maybe we won’t get a short-term rally in the dollar or a pullback in gold. Stranger things have happened.

best, Sean

Reply

Sean Brodrick Wednesday, June 17, 2009 at 5:15 pm

Gunter, and everyone else who can’t watch the video properly — I put transcripts of ALL my videos on my blog. You can find that at:
http://blogs.uncommonwisdomdaily.com/red-hot-energy-and-gold/

Reply

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