The Int'l Speculator in its Nov. 7, 2014, issue, downgrades Xtra-Gold Resources Corp. (recently 22 cents) to a sell from a hold. The newsletter said buy four times between April 6, 2011, and Oct. 5, 2012, at prices ranging from 86 cents to $1.90. Assuming an investment of $1,000 for each buy, selling the $4,000 investment at 22 cents yields a loss of $3,344. The writer says the tiny amount of revenue Xtra-Gold generates will not be enough to save it in the event of a market crash. This month the Speculator's usual emphasis on buy advice has been replaced with holds and sells. It says buy nothing, hold great companies, sell weaklings ... wait "to buy near a new, much lower bottom -- or in a month or two, when the present danger has passed."
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