TheDailyGold Free: Gold & Gold Miners Breakout!!

Published: Sat, 03/15/14

Newsletter
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Thursday, March 13, 2014
 
Argonaut Gold Corvus Gold
 
Balmoral Resources
Bear Creek Mining

 

Good afternoon,

Gold broke past key resistance at $1350-$1360 yesterday while today gold stocks of all stripes (large-GDX, junior-GDXJ, explorers-GLDX) are breaking out after consolidating for a few weeks. 

Click Here for our editorial, just posted an hour ago. It contains three charts including the following which shows this rebound (blue) in comparison to the other rebounds of the past 50 years. 




It is not too late to get involved. While most stocks have gained a great deal, we think new money should focus on your favorites that have endured a correction. Two of our favorites recently corrected 20% after strong rises. That spells opportunity for newbies. Today we added a new name to the model portfolio, a company which has transformed itself after an acquisition. You can't buy everything in one day. Patiently look for opportunity and take advantage when presented. 

Also, we always have an exit strategy. For this new company, we added a 5% position but are using a 15% stop loss. If it closes below a certain level, we'll lose 0.8% of the model portfolio and sell. That is how we can limit losses. It is what we learned from our mistakes, rather than blaming manipulation like so many others in this industry.  

Consider subscribing to our professional analysis and research. It's a pleasure to work for subscribers because with out them we couldn't do what we love. While many other newsletter writers could care less about their subscribers we know that subscribers put faith in us to provide them high-quality, actionable research and analysis.

Upon subscription you get all of our recent updates and reports. You immediately get over 100 pages worth of reports, emailed to you. Not only that but you get our ongoing research and analysis for the next 6 months for less than $1/day.  


Thanks for reading. I wish you all great health and prosperity this year. 

-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 before making any investment decisions. 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. 



 
Argonaut Gold Corvus Gold
 
Balmoral Resources
Bear Creek Mining