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Chart 1: Bond Yields & Yield Curve
This chart plots various yields and the yield curve at the bottom (10s and 2s). The yield curve continues to flatten. Again, a steepening yield curve is bullish for Gold. If the curve inverts (goes to below 1.00) then it could lead to steepening which would be bullish for Gold.
The bottom line is if yields are rising (as they are currently) we want to see the 10-year rising faster than the 2-year. That is not happening. The 2-year is exploding higher and pricing in a hike in December and March 2018.
It continues to be a busy time for us and I apologize for not keeping a Sunday schedule for these updates. We've been out of town twice recently and have published quite a few subscriber updates over the past week.
I believe that conditions are lining up for gold stocks to begin an impulsive advance sometime in 2018 that would lead into 2019 and beyond. Fundamentally, while I don't see bullish catalysts for Gold in the near-term, I do see potential catalysts next spring and summer. That would fit well with the historical analysis I've conducted in recent weeks.
If this history repeats with the gold stocks, which we believe it will, then investors and speculators have an opportunity to earn 5x-10x returns over the next few years. We can help you get positioned in the juniors with the potential to achieve such returns. We look for value with a catalyst and then we wait for a proper, low risk entry point. We conduct due diligence via our network in the industry and this helps us zero in quality with high potential.
It would be an honor and pleasure to work for you. My subscribers are my lifeblood.
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You nearly always read the trends and support and resistance extremely well. Please keep us posted if or when the outlook seems to change. which you always do of course. TDG is the most valuable resource for understanding what is possible to understand about the PMs.
I am very pleased with your frequent and timely updates, which is so helpful, considering the high volatility and unpredictability of this market. I have subscribed to other analysts which I have to say don't even come close.
I would add that you are moving to the top of my most valuable mining stock/metals advisor list. Your skills at chart reading have improved over the years, to very high levels. Kudos for that. Your advice on capital preservation in this dangerous trading arena are reliable, as well. In the years ahead, I believe you will continue to rise to the top.
I plan to be a lifetime subscriber to your service....I have made a lot of money with your service...especially with Novo which because of your recommendation I was able to acquire at $1.30.
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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. Novo Resources has contracted TheDailyGold.com for marketing purposes.
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