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In this update...
- Links of the Week
- Podcasts: This Week in Markets
- Company News
- Premium Sample: Gold & Gold Stocks
Links of the Week...
Summer Rebound in the Gold Stocks?
Yes, we also thought there would be a spring rebound. We focus on the potential upside, which we'll delve into a bit later.
Alt Investors Hangout Interviews the TDG
We talk precious metals and other markets in this interview.
Explaining the Gold Bull Market
Good piece by Steve Saville
This Week in Markets Podcasts...
Mark Leibovit on Precious Metals
Mark is generally constructive on precious metals but has no desire to call a bottom or put a target out. He is long-term bullish and is currently long GDX for a trade.
Rick Rule on Commodities
In this rapid-fire interview Rick touches on a number of different subjects. He speaks highly of natural gas and uranium.
JC Parets on Equities
JC covers the S&P 500, GDX, Europe, Latin America and also the impact of rising bond yields on equities. He's not bearish on the S&P 500 but he's currently market-neutral in his fund.
Company News...
Corvus Gold Reports New PEA for North Bullfrog
The project has a 23% internal rate of return at $1300 Gold.
Corvus Reports Metallurgy for Yellow Jacket
Preliminary tests show excellent leach recoveries for both Gold & Silver from the North Bullfrog's high-grade area, Yellow Jacket.
Podcast: Corvus founder & CEO Jeff Pontius discusses these news releases.
Premium Sample: Gold & Gold Stocks
Once again another Friday put a dent in what was otherwise a good week for precious metals. We were not totally surprised. In premium update #311 which we sent Thursday afternoon we noted:
Just be patient and look to accumulate in the coming days if we get more weakness or consolidation. Page 13 shows that GDX is at resistance so a slight pullback for a few days wouldn’t concern me.
Earlier we sent out a brief update to premium subscribers which amends our forecast slightly. The following chart shows that these recoveries don't tend to accelerate until the 7th to 8th week. Next week would be week four for the current rebound.
We also opined on Gold with updated near-term targets and opined on the performance of the gold stocks against Gold.
We continue to expect a big rebound this summer but we've tempered our short-term expectations. If we are correct then it would mean we have a few more weeks left to accumulate our favorite stocks before a big and sustained rebound begins.
In Thursday's 16-page update #311 we wrote an initial-intro report on a company we think could be a future growth-oriented producer and a staple of the model portfolio in 2014-2015. It is small right now and has near-term downside potential. We are looking at potential prices 10%-15% lower than here. I won't give anymore hints because it would become obvious but we are optimistic that this company will be quite successful over the next several years.
Consider a subscription as you'll get our 46-page report on US equities, emerging markets, commodities and bonds, our 21-page report on our top 5 growth oriented producers, a report on our favorite explorers & developers (which will be updated soon) and much more.
Wishing you good health and profits,
-Jordan
Disclaimer: Sponsor Companies are paid sponsor companies of TheDailyGold.com website and this free newsletter. Do not construe sponsorship with a recommendation. The author of this newsletter is not a registered investment advisor. This newsletter is intended for informational and educational purposes only and should not be considered personalized and individualized investment advice. Investment in the precious metals sector contains significant risks. You should consult with an investment advisor and due your own due diligence. This email may contain certain forward looking statements which are subject to risks, uncertainties and a multitude of factors that can cause results and outcomes to differ materially from those discussed herein.
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