TheDailyGold: 5 Reasons Gold Stocks Will Breakout in 2018...

Published: Thu, 01/04/18

 
The Daily Gold
Jordan Roy-Byrne, CMT, MFTA
 
 

WEEKLY NEWSLETTER

Thursday, January 4, 2017

 
 
 

Happy New Year!

Check out my latest article & video analysis below....

 

5 Reasons Gold Stocks Will Breakout in 2018

We have long believed (since 2016) that 2018 would be the year gold stocks and Gold breakout. Here are 5 reasons gold stocks should breakout this year.

Video: Is the Correlation between Gold & Bonds Changing?

This could be another positive development for precious metals. 

 

 

Commentary


The strength in the precious metals sector has continued as Gold has surpassed resistance at $1300-$1310 and GDX and GDXJ have rallied up to their October highs. We've been expecting a small pullback and perhaps Wednesday was the start. If Gold and gold stocks could make another push higher over the weeks ahead then perhaps they could approach their September 2016 peaks.

In any case, the key for investors is to find stocks that are trading at good values and have potential catalysts.

We added a new position last week and it is acting quite well. The stock could be starting to breakout of a bullish consolidation pattern. 

Another one of our holdings just surged 50% this week. The company has cash, is drilling at two projects and has a joint venture with a major.

If this is going to be a big breakout year for Gold (or in 2019) then we want to try and find the deep value juniors left that have a chance to be 5-10 baggers. 

Not a subscriber? Now is the time to get serious about this sector. Do not wait for the sector to breakout and be forced to buying stuff that is already moved 100%.

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"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.
- Dr. Jeffrey Kern, SkiGoldStocks.com

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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 in 2018.
 

-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.