Tuesday, August 13, 2024

Good Morning!

I know the gold stocks have underperformed Gold in recent weeks but fear not. 

The macro setup for gold stocks is the best in 20 years, says Gary Tanashian.  

We discuss that and plenty more.

Topics include Gold & Silver technical targets, stock market outlook, disinflation/deflation, and stagflation. 

Click below to watch and listen.

Gold's true fundamentals are also strengthening. 

Central bank buying and De-dollarization are nice but Gold needs its true fundamentals to begin a secular bull market.  

In TheDailyGold Premium...

In TDG #895 we assessed the technicals and support levels on our Top 10 and Watch List stocks.

We also covered one watch list company in more detail and covered another company, which we added to our watch list.

The first company is a no brainer takeover target in the next 12-15 months. Management owns over 25%. The stock corrected 20% but rebounded yesterday.

I do not expect this company to be a 3 or 4 bagger from here but I see 100% upside and maybe 150% upside into the takeover.

The other company, if it's not acquired in the next few years could have 7x to 10x upside over the next 3-4 years. It was trading at 0.25x NAV by my calculation. 

Thank you for reading.

I wish you all the best in 2025 and beyond.