TheDailyGold: Really Bullish Signal During This Correction...

Published: Wed, 03/23/22

 
The Daily Gold
Jordan Roy-Byrne, CMT, MFTA
 
 

WEEKLY NEWSLETTER

Wednesday, March 23, 2022
 
 
 

Good Morning
Precious Metals are correcting but the stocks are holding up very well and even outperforming Gold. 

I was very bullish before this but this development just adds to the bullish evidence. 

Click Here to Read My Article


The beauty of the current setup (and with this sector in general) is juniors and silver stocks tend to lag a bit during the first leg up. If you missed the recent move, no sweat.

In the following video I analyze when and how juniors outperform with respect to a bull move in precious metals. The ratios in the last chart show how much room 1) GDX & GDXJ can move against Gold and 2) how much room GDXJ can move against GDX. 

Click Here to Watch The Video


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In TheDailyGold Premium...



TDG #770 was a heavy text update (with not as many charts).

The update included a lengthy Q&A section as well as commentary on how silver stocks are valued, and how understanding that, colors our strategy in picking silver stocks. 

The update also included a table for a single page that included information on a total of 15 stocks. Each row included a company, it's status (prod/dev/exp), market cap & cash and then 3-4 sentences of commentary.

We put out quite a bit of information but this table (p3 of TDG #770) is an excellent place to start if you become a new subscriber. This is hours and hours of research boiled down to one page with important numbers & current analysis in 3-4 sentences. 


 

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Thanks for reading. I wish you all great health and prosperity in 2022 and beyond!
 

-Jordan
 

Disclaimer: This newsletter is intended for informational and educational purposes only and should not be considered personalized and individualized investment advice. Investment in the precious metals sector contains significant risks. You should consult with an investment advisor and do your own due diligence before making any investment decisions. This email may contain certain forward looking statements which are subject to risks, uncertainties and a multitude of factors that can cause results and outcomes to differ materially from those discussed herein.  
 
 

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