|
Chart 1: TDG Junior Index is How Oversold?
Here is our junior index, which is similar to GDXJ.
The chart is ominous as the index has broken a key level of support and really lacks any support until a test of the December 2016 lows. That would be a 15% decline from here. The oscillators in the chart still have room to go before the index reaches that "very oversold" reading we want to see.
Saturday evening we published TDG #516, a 21-page update that was shorter than usual because we spent Friday and Saturday presenting at the Metals Investor Forum. The premium update focused on our thoughts on the sector and introduced a new Q&A section into my updates. It features subscriber questions that I know answer in the updates.
For now we are cautious on the sector due to the poor technicals and worsening fundamental situation for Gold which we touched on in our presentation. Inflation has peaked and commodity prices (another proxy for inflation) are rolling over. Meanwhile, short-term rates and the fed funds rate are still rising...for now. While there could be a relief rally sometime this month, I don't expect a bigger rally to begin until we test lower levels and move into summer.
Consider a subscription today as we can help you get positioned in the junior companies with significant upside potential at reasonable entry points.
Dr. Jeffrey Kern, who we recently interviewed, had this to say regarding our stock-picking abilities:
I am simply a pure market-timer for a broad basket of gold stocks and precious metals. Jordan, on the other hand, has provided superior STOCK-PICKING abilities over the longer-term. I am familiar with most gold stock subscription services over the past 30 years. I rarely provide endorsements of any kind, but Jordan's ability to analyze individual gold/silver stocks has been among the top 5 services over the past decade. First and foremost, I respect his
integrity.
Click Here to Learn More
And these are just a few examples of subscribers' praise......
Your doing an excellent job with your research and your reports! Timely, precise and damn accurate.
Your work is just too good to be missed. I'd like to have your ongoing assessments and views...
I appreciate your service and have some concept of the work that goes into it. Your stock picking is excellent.
I have subscribed to many investment research services over the years, both TA and FA, both within the gold sector and also from different sectors. Your report is right up there amongst the best.
I have been a subscriber for nearly 2 years now, and just wanted to let you know how much I appreciate the work you do. I always look forward to your weekly reports and find the analysis you present to be outstanding.
In my experience (over 30 years in PM’s), your service is one of great value and high integrity.
Thanks for all your great work - charts and analysis is the best there is.
Your service is truly a gem among this industry. I've subscribed to several services over the past year and a half, and I wish I had landed on your site first.
I'm a new member - just want to say how much I appreciate your expert advice but mostly, your direct, honest and zero bullshit approach.
Click Here to Learn More
We seek to own the companies with the best fundamentals that have the best risk/reward potential. We want to own the leaders while avoiding laggards with limited potential.
We tell you what we are buying and selling. Hence, we are completely transparent.
Consider a subscription today as you will receive all of our recent company reports and updates within several hours of your signup, as well as everything we produce for the next 6 months. You pay up front but get significant value up front (in a welcome email). Our goal is to help subscribers make
money and be the best service in its category.
Click Here to Learn More
Weekly updates are sent on Saturdays while flash updates are sent when we make a trade. Reports are sent sporadically. Upon signup you receive all recent reports and updates. Unlike most other editors, we answer subscriber questions.
Thanks for reading. I wish you all great health and prosperity.
-Jordan
Disclaimer: 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 do 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.
|
