TheDailyGold: Will Bear Market & Recession Takedown Gold & Gold Stocks?

Published: Thu, 04/07/22

 
The Daily Gold
Jordan Roy-Byrne, CMT, MFTA
 
 

WEEKLY NEWSLETTER

Thursday, April 31, 2022
 
 
 

Good Morning
To answer the question in the subject line, it's unlikely.

In fact, the recession & bear market to come is likely what gets Gold to go my $4,000 target before 2025.   

I analyze the question, the history & more in this video...

Click Here to See the Video



Meanwhile, the correction in precious metals continues...

How long will this last? What are support levels? What will end the correction and push Gold past $2,100? 

Check out my article, penned yesterday. 

Click Here to Read the Article


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This chart shows Gold's average performance during & after a correction in a bull market. 

Gold is following the average quite closely, but I do think once it clears $2,100, it will accelerate faster than the blue line. 



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In TheDailyGold Premium...



As this correction continues, we have a few more months to buy quality juniors at cheap or reasonable prices. You may be able to buy some 10%-15% lower. 

Those already positioned don't need to worry. The market will do the work for you. No need to worry about a 10%-15% decline. It won't matter in the long run.

Now is the time to subscribe. Get knowledge, get educated and get positioned soon. Gold usually moves ahead of my own expectations. I don't want you to have to buy quality 30%-40% higher than it is now. Subscribe today. 


 

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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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