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In this update....
- Editorials
- Podcasts
- Company News (New Sponsor!)
- Premium Snippet
Editorials...
Today we explain the meaning of Gold's Relative Strength. Also in this update we provide some quick short-term analysis of the mining stocks and why a rebound should begin within days.
Also my friend Tekoa Da Silva wrote a great article on how to react to the outcome of the US election.
Podcasts...
We interviewed Darin Wagner, CEO of new sponsor Balmoral Resources, which is a promosing exploration company. Listen to the interview and let me know your thoughts on Balmoral.
Company News...
First Majestic reported Q3 earnings of $0.25 per share. They produced 2.4M oz Ag-eq, which is an annual rate just shy of 10M oz Ag-eq.
Argonaut Gold reported Q3 earnings of $0.29 per share and cash flow of about $0.40 per share. They produced over 31K oz Au.
Premium Snippet...
Over the weekend we published a 13-page Global update covering the equity market, commodities, emerging markets and bonds. We reiterated our near-term analysis and projections on bonds and commodities. Our coverage of global markets and various asset classes helps us perfect and refine our analysis of Gold, Silver and the mining shares.
Over a week ago we took full or partial profts in three names. We did that, not because we felt the correction would last longer. We did so because we felt those names had limited near-term potential, we wanted to take profits and it boosted our cash position handsomely. We can always buy back at a better price or look for new ideas which have better risk reward potential. Patience and discipline are the keys to portfolio management. We've learned from our own mistakes in the past so that we can help subscribers avoid those in the future. We will be putting out a premium update focusing on our model portfolio and watch list, likely tomorrow.
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.
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