In this issue...
- Editorials
- Podcasts
- Gold & Silver
Editorials...
Here is today's editorial: Long-Term Technical Outlook for Gold & Silver. We discuss the 1-2 year outlook.
Also we recently posted the question of how much more downside potential in Europe. Positive price action at support, terrible sentiment and compelling valuations are a recipe for major bottom. Could we have seen the low in Greece, Italy, etc?
Podcasts...
We spoke with Tiho Brkan who makes a very strong case that a bear market is coming in the S&P 500. He is unsure of what will happen with Bonds and similarly with precious metals. However, as a fund manager he owns Silver and is looking to increase his position.
The interview is here
Sponsor News...
First Majestic has won three awards for its leadership in the category of social responsiblity.
We all know that mining is often a dirty business whose actors often employ questionable judgement, morality and ethics. Recently, we saw how nasty and grisly this business is with the deaths in South Africa.
First Majestic has been a tremendously successful company. In fact, it resides in the category of some of the best performing stocks in this bull market. Rangold Resources, Agnico Eagle, Silver Wheaton and Silvercorp are others. But First Majestic in my opinion has been the best performing company that was founded after the secular bull market began. And it has the pipeline, track record and financial strength to continue growing.
The fact that the best performing junior company in this bull market continues to win awards for social responsibility is truly remarkable. Congrats to FM for its success and doing things the right way!
Gold...
Gold inches its way higher, closer to resistance and breakout territory....
Meanwhile, Silver has made a small breakout and is leading Gold higher in the short-term.
That is all for today...
Have you considered our premium service?
Learn more about 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 recommendation. We are not a registered investment advisor and information and analysis provided is for informational and educational purposes only.
|