TheDailyGold Newsletter: 8/14 Update

Published: Tue, 08/14/12

Daily Newsletter
-
Tuesday, August 14, 2012
 
Argonaut Gold
Corvus Gold Huldra Silver Inc.
 

In this issue...

- Editorials

- Gold & Silver

- Sponsor News

- Premium Snippet

 

Editorials...

Read why we believe that stock selection is paramount when investing in the Gold/Silver space. The reality is, if you can find the best performing stocks, not only will you earn substantial returns but you will consistenty outpace the sector. We attempt to do so in our premium service and recently began focusing more on stock selection. 

How much more downside is there in Europe? We posted some charts and valuation data but offered more insight in a premium update yesterday. 

Tiho at TSOL asks if we should expect more QE.

 

Gold & Silver...

Gold failed again at resistance at $1625. There is support at $1585. 

 

 

Silver failed at resistance. There is good support at $27.00.

 

Sponsor News...

Corvus Gold's JV partner is commencing test production at the Terra project in Alaska. 

First Majestic Silver reported its Q2 financial results today. Some numbers are down year over year. For all silver producers, keep in mind that the average price of Silver in Q2 2012 is down substantially from Q2 2011. This is why I like looking at figures quarter to quarter rather than year over year. 

Argonaut Gold is next up....

 

Premium Snippet...

Yesterday we sent a brief update with our commentary on the European situation. We believe the European equity markets could be sending a message. 

Aside from that, in our last update we reviewed portfolio positions as well as those highest on our watch list. We also provided 7 rules that we follow when investing and speculating in this sector. This is not a conventional sector and after three cyclical bull markets and three cyclical bear markets, it is time that investors learn something and apply it in the upcoming cylical bull market. 

Subscribe to our Premium Service

 

Wishing you health and profits,

Jordan

 

Disclaimer: Sponsor Companies are only sponsor companies of TheDailyGold.com. Do not construe sponsorship with a recomendation. We are not a registered investment advisor and information and analysis provided is for informational and educational purposes only.  
 
Argonaut Gold
Corvus Gold Huldra Silver Inc.