Answer: From my Week in Review, "I went long Friday at 11:00am, the senior gold mining producer Placer Dome (NYSE: PDG). I believe there will be a significant 10 pct to 15 pct up move in PDG in the next 30 days. This is an Intra-Month trade (18 sessions or fewer)."

Now, in the equivalent of precisely four (4) trading sessions later, PDG is up +10.4 pct.

First, I really don't know why I can sense what's going to happen in markets before it does. I guess it's a combination of art and science, learned over a period of time.

Second, I don't know why I write about it, and expose myself potentially as lacking credibility. That might come from the confidence I have in being right more often than I'm wrong, as well as my desire to be as clear in my communications as possible.

And thirdly, I cannot put myself in a position of having to follow up and tell readers what to do with their money. Not only do I lack the time or focus, I am not licensed as an investment advisor. I've been there, done that. Now I'm thinking of doing it again, but not from Canada, or the U.S., as much as I like these countries.

Really, this blog is just a chance for me to meet people, tell them what issues are important, how with my experience I look at capital markets, and so forth.

That's the best I can do.

Yes, gold contracts did trade up this morning, to where it is presently $435.80. It has touched $436.00. When it makes that kind of a move, goldminer stocks will do well.