TheDailyGold: Gold & Silver Stock Breakout & 2 Great Interviews....

Published: Fri, 04/15/22

 
The Daily Gold
Jordan Roy-Byrne, CMT, MFTA
 
 

WEEKLY NEWSLETTER

Friday, April 15, 2022

 
 
 

Happy Good Friday.

The gold and silver stock indices continue to lead and continue to outperform. I thought their bullish consolidations would continue...

But the mining indices & ETFs (GDX, GDXJ, SILJ) broke out from bullish flag patterns. (Scroll down to see the chart). 

Moving on...

Gold-bug land can be a bit like a cult because many of us think alike, sound alike and have the same predictions. Where's the variety?

I'm always looking for people to interview who have a different perspective. If that is your cup of tea, you might find these two interviews valuable... 


The following gentlemen has kept a low profile over the years and has not done any interviews. I've found him to be one of the absolute best guys to follow with respect to Gold's fundamental backdrop as well as market timing.

Click Here to Listen to the Interview
 


Next, I interviewed Brent Johnson who gets ire from gold bugs because he is a big US Dollar bull. But he's a gold bull too. His primary view is a global sovereign debt crisis is in our future and Gold and the dollar will benefit. 

Click Here to Listen to the Interview

 

-------------------------------------------------------------------------------------------

 
Here are the daily line charts for GDX, GDXJ, SILJ and GOEX (gold explorers ETF). 

They have broken out from bullish flag patterns. Targets were given to premium subscribers last weekend, prior to the breakout.

This move could reach the horizontal blue lines before a meaningful pullback. 



-------------------------------------------------------------------------------------------


In TheDailyGold Premium...



In TDG #773 we updated a company report on one of our holdings that has underperformed over the last 18 months. We added to our position too early but decided to add again.

When a stock is underperforming badly we have to distinguish between that underperformance as a reflection of new negative fundamentals or increased value & potential. With this company, it's the latter. We estimated the stock has 6-bagger potential from last weekend to $3,000 Gold in two years.
  

We covered another one of our holdings that is performing quite well and recent exploration success is creating potential for the company to add even more value than we thought.

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. 

 

-------------------------------------------------------------------------------------------
 

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.