Hello and good Sunday to you. Here are the few links of the week.... 
 

2016 Outlook for Precious Metals
Published Wednesday evening. Big picture thoughts on 2016. 
 

2016 Technical Outlook: Tread Lightly
Guest post at ZeroHedge. Features a number of charts and strong reasoning. Talks about both the bullish and bearish case.  
 

Kyle Bass Reveals Top Investment for Next 3-5 Years
Post from ZeroHedge includes a video interview with Bass from Wall Street Week.    


Why You Should be Worried about the Junk Bond Route
From the Felder Report Blog. 



Note: If you come across anything worthy of being included, feel free to send it my way!





Premium Snippets 



Chart 1 shows the quarterly chart for Gold. 

Yes, each bar is a quarter (three months). Monthly and weekly charts are certainly more significant than daily charts while a quarterly chart is even more significant than a monthly chart. 

Gold's monthly chart shows the significance of the breakdown in Q2 2013 in addition to the significance of the $1180-$1200 resistance zone. In fact, a quarterly close above that would probably confirm the end of the bear market. Gold's monthly chart shows $970 as a strong target while the quarterly chart shows $930 as the strongest target. We know that $970 and $890 are very strong targets. The $930 level gives us something else to think about. Perhaps the bottom comes at $970 but includes a spike down to $930? Just a thought. 
 

Chart 2 shows the quarterly chart for Silver.    

The quarterly chart for Silver shows the strongest target just below $12. There is a very strong Fibonacci target in that range (around $11.80). I did not mark $10 but that is also a fairly strong target. But $11.40 to $11.80ish is the strongest target when considering my technical work. 



 



These quarterly charts were part of TDG #446, a 28 page update that included reports on two companies we own. One, by my rough calculation is trading at potentially 6.2x 2016 cash flow- at this Gold price, $1060/oz. Considering its production level and assets it should trade at a slightly higher clip. The other company has one of the strongest management teams in the entire industry..yet is a "junior."

We also constructed a Top 15 index that included our favorite companies and some others that are performing well. The index looks so much stronger in CAD$. In US$ it could go either way. It could pop higher or it could break lower. It's nearing a decision point along with GDX and GDXJ. My short-term bias is to the upside but if I sense I'm wrong I will hedge my portfolio. In the scenario in which no rally materializes in January and the miners break to new lows along with Gold then there is the chance the bear market could end sooner rather than later (in 2016). That would be the positive to a failed rally whereas if a rally takes hold and Gold hasn't tested $970-$1000 then we still need to prepare for another leg down later.

Now is a great time to subscribe as we are updating all of our company reports. Six have been updated in the past few weeks and another handful will be updated this month.  

Whether you are accumulating Gold and Silver or want to speculate on promising juniors, our service can help you. We provide objective and actionable research on Gold, Silver and the companies. And we provide fundamental analysis reports of the companies. We also keep our eye on other markets. We are one of the only newsletters in the space that trades a real portfolio. That means our goals are aligned with yours. And we are one of the only editors who is a professionally credentialed analyst.

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I have subscribed to many investment services over my lifetime. I can honestly say Jordan Roy-Byrne has developed not only one of the most analytically accurate, but also has hit the high water mark by making his analysis feel personalized. In addition to a detailed weekly report, he often sends additional emails with daily observations of not only the physical metals and miners, but also related metrics such as the market and currencies. His service is a great integration of history and future probability that has not only helped me make money, but also avoid losing. In fact, the only time I do lose is when I take more aggressive positions than he has recommended, or follow my gut instead of his objective reasoning. It truly is a 5 Star Service at a great price.

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