As you would expect, China's juggernaut economy is devouring precious and base metals at an alarming rate. Heck, the country uses enough construction materials including copper and zinc to build a city the size of Philadelphia each month!

For investors like you and me that can mean one thing: Massive Profits!

And the emerging China story is just the beginning . . .

Over the next year or so, international financial analyst Sam Hopkins will be working with me in an effort to find the most lucrative energy and metal plays in emerging markets. From Vietnam and China to Argentina and Estonia, there’s a wealth of opportunities for commodity investors.

In fact, this Wednesday Sam is going to reveal how you can play Libya's turnaround -- from pariah state to consuming countries' new best friend . . . right from the comfort of your own home. This is an amazing opportunity I know you don't want to miss.

To find out more, click here now.

- Luke Burgess
Editor, GoldWorld.com

Taking Care of the Garden
By Greg McCoach

DENVER, CO -- If you have never seen the dry witted movie "Being There", staring Peter Sellers, I would recommend watching it.

In the movie, Sellers plays the role of Chauncey the gardener, a humble, soft spoken sort who rarely says much of anything. He works as a gardener for a financially well-heeled and politically connected family that barely notice him. That is until one day when he speaks about how life is like a garden, and suddenly he is vaulted into the national spotlight for his great wisdom. It's a classic comedy that I think most of you would enjoy.

I only mention it because managing a junior mining stock portfolio is a lot like taking care of a garden. The analogy I feel is very applicable as we approach the end of the year and enter tax loss selling season.

Just as a garden needs to be watered, pruned, weeded, and cared for, so does your junior mining stock portfolio. It takes constant effort to keep a quality, growing portfolio of juniors for maximum profit potential. This time of year is always a good point to review what is in your garden and consider doing some weeding and pruning of your own.

There are times when we buy a junior mining stock based on a particular story and the story just does not pan out. Instead of keeping the stock in the portfolio hoping it will turn around, it may be time to take your losses (weed and prune) and move on.

The ones we should prune from the portfolio are the companies that have lost value due to the fact that their story is no longer intact. Don't confuse this with good companies who are undervalued right now because we have had a slow market. It is important to understand the difference. Some very good stories are intact but suffering only due to poor market conditions. Those companies represent good buy opportunities at this point and will rebound as the market kicks back into gear.

What I often see amongst the average investor is that they tend to hang on to losers that have very little chance of recovery. Understanding which companies are no longer viable for your portfolio and which ones are worth keeping is an important part of managing a portfolio. The guidelines below may help you in your decision making.

I like to say we sell stocks for three reasons. The first of course is to take profits. The second is to sell to buy something better. And the third would be to sell at a loss to offset capital gains in order to reduce your tax liability.

In the case I mentioned above, you may want to sell an old dog whose story is kaput, in order to buy a newer race horse. But always remember to buy the jockey and not the race horse. I can't emphasize strongly enough how important it is to invest in companies with good, experienced management teams. It is the key to success in junior mining stock investing.

Another point is that it may be good to sell a good company that is in your portfolio to buy something better that will perform sooner. Let's say you have a good company that you are willing to wait on. If you have a new situation that looks exceptionally good that has the potential to perform in a shorter period of time, you may decide to sell some or all of your shares in a good company to get a quicker return in something better.

In order to successfully manage a junior mining stock portfolio, we all have to make hard decisions at times. Just this week, I sold some shares of a company that I believe will do very well. In the end, the reason I sold some shares was to raise some money to purchase shares in a new company that is going into production first quarter of 2007. I feel this new company could appreciate very quickly in the next 4 months while the company I sold may take quite a bit longer to see the same kind of appreciation. In this case, it was a tradeoff I was willing to take. If it turns out that I was right, I could always go back and buy the shares back with the profits in the new company. Getting quicker profits can be a key to success.

It is also good at this time of year to determine if you would like to offset any capital gains with a loss. If you have a losing position(s) you may want to take some of those losses in 2006 so your tax bill in April 2007 is not as big. The key question here is to determine if the net tax savings you will receive in April 2007 are worth selling the shares in XYZ company now. If the company story is not intact, I would definitely sell. If the company could have a nice rebound over the next six months then this becomes a more difficult decision. Is it better to get a bird in the hand (take the tax savings) then to gamble on what the stock will or will not do? That is something you have to decide for yourself.

Whatever your decisions are, staying closely involved with your portfolio is important for success. Continuing to dig, prune, weed, and water, will greatly increase your chances for profits.

- Greg McCoach