View as a Webpage
In this update....
- Editorial & Podcast
- Company News
- Premium Sample
Editorial & Podcast...
Precious Metals Decouple from Stock Market
This is a very important editorial, though we wrote it quickly because we are on vacation. Precious metals and the stocks especially have decoupled from the stock market. What does that mean going foward? We also discuss this with Greg Weldon. See the link below.
Podcast: Greg Weldon says Technicals Diverging from Fundamentals
Company News...
First Majestic announced its friendly acquisition of Orko Silver, who owns the La Preciosa project. FM adds another strong development asset to its portfolio and at the right time and price.
Corvus Gold's partner announces 2012 bulk sample production at Terra project.
Balmoral Resources reports more high grade results which includes 23.8 g/t Au over 6.7 m and 16.5 g/t Au over 6.2 m.
Premium Sample...
In the past week we updated our analysis of another growth-oriented producer (within one update) and earlier today we sent a brief update in which we discussed how our decoupling theory could play out in the coming months. The current trends in markets could be readying for a big shift in the coming months. That being said, it is always important to have a plan and to moderate your risk by selecting the right stocks and timing and scaling into your positions correctly. We've been bullish on the gold stocks this year. GDXJ is down 17.9% and GDX is down 12%. Though we've been wrong on that, because we've focused on market timing and stock selection, our model portolio is up 30.5% year to date. Sure, some luck is involved and we make mistakes but we care deeply about helping subscribers make money and learn something along the way.
Click Here to 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.
This newsletter is intended for informational and educational purposes only and should not be considered investment advice. The author is not a registered investment advisor. You should consult with an investment advisor and due your own due diligence.
|