TheDailyGold: The Bearish Gold Bull...

Published: Tue, 05/16/17

 
The Daily Gold
Jordan Roy-Byrne, CMT, MFTA
 
 

WEEKLY NEWSLETTER

Tuesday, May 16, 2017

 
 
Here are the actionable links from last week...
 

The Bearish Gold Bull

Penned Thursday evening. We describe the current situation for gold stocks as a "bearish" gold bull. 

Interview: TDG Interviewed by Kerry Lutz at MIF

We were interviewed last weekend by Kerry Lutz at the Metals Investor Forum. In this interview we discuss the coming global infrastructure build, my fundamental concern for Gold in the short-term as well as a potential summer buying opportunity in juniors. 

Interview with Jay Taylor Media

This interview was conducted Tuesday. We discuss our background, how we got into technical analysis & Gold, our current outlook and a few companies we are following. 

Podcast: Joe Mazumdar at MIF

The interview was conducted at the Metals Investor Forum last weekend. Joe discusses his latest views on commodity prices as well as current developments in the mining and junior mining industry. 

 


Macro & Credit: Another Brick in the Wall

From the excellent Macronomy blog. They discuss the EM vs. S&P 500 trade and reiterate that Gold is not a good bet now but hint it could be in the second half. 

 

Premium Snippets...



Chart 1: Investment Demand for Gold is Currently Weak

We plot Gold and the amount of Gold in the GLD. 

In 2016, the +30% move in Gold was supported by an explosion in investment demand. There are currently 852 tonnes of Gold in the GLD. That is the same amount at Gold's last important low (December 2016).

The lack of strong demand reflects the current fundamental picture which is worsening due to rising real interest rates.  






Saturday evening we published TDG #517, a 34-page update that included some charts on the economy, analysis of US equities and the new Q&A section. Subscribers email us questions and we answer them in the updates. 

This update also included a page of buy candidates and target buy prices. We plan to include this regularly. We also noted our current top 4 stocks in terms of potential over the next 18 months. 

We also discussed some improvements we are making to TDG Premium, including a new membership section of our website where subscribers can download updates, in addition to receiving them by email. Also, the problems with GDXJ has us focusing on building our own GDXJ. 

Consider a subscription today as we can help you get positioned in the junior companies with significant upside potential at reasonable entry points. This is exactly our plan in the months ahead. 

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.

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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.

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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.
 

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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.