TheDailyGold: Gold & Gold Stocks Stop Short of Bull Market, Again....

Published: Mon, 03/04/19

 
The Daily Gold
Jordan Roy-Byrne, CMT, MFTA
 
 

WEEKLY NEWSLETTER

Monday, March 4, 2019

 
 
 

Here are 4 great links...

 

Gold & Gold Stocks Stop Short of a Bull Market, Again

Penned yesterday. Gold & gold stocks were looking good until a bearish reversal kicked in before targets were met. What's next?

Interview: Levels to Watch in Miners & Metals

The bullish argument remains in place should miners & metals hold onto the bulk of recent gains.

Fed Perception vs. Reality

Steve Saville discusses what the Fed is really doing versus the perception.   


Time for Gold Bugs to Profit?

From JC Parets. I think watching Silver and the gold stocks moving forward will be especially important. 



 
 

Premium Snippets

 

Chart 1: Bond Yields


We plot a number of bond yields in the chart below. Bond yields are turning higher and this is a headwind for Gold, initially.

The recent rally and the one in 2016 coincided with falling yields. As we can see, yields have made a low and the path of least resistance is higher. If longer-term yields start rising faster that's good for Gold because it signals rising inflation expectations. However if everything is rising together at the same pace that's not good for Gold. Higher yields in the short-term will lead the market to think the Fed could hike again. 
 








 

TheDailyGold Premium #611

 

TDG #611, a 26-page update was published and emailed to subscribers early early Sunday AM.

Last week we anticipated a weak market into spring but we didn't expect such a vicious selloff so quickly. In any case, the path of least resistance is lower at least until the 200-dma's. We'll see how much of a rally that gives us and if recent encouraging breadth holds up. 

In the meantime, we are going to beef up our company reports and try to report on as many companies as we can and not just everything we own. Last year after spring we didn't write as many company reports because we were bearish. This year we want to write as many as we can before the real move higher begins.  

This week we covered a micro-cap company that is on our watch list and is something we probably will buy at somepoint in the months ahead. The good news for buyers is the stock currently has a warrant overhang that is preventing the stock from moving much higher. Based on a $1250 Gold price the stock could be a 4-bagger in 18 to 24 months. If Gold begins a bull market this year or next year the stock could be a 10-bagger. 

Consider a subscription as we can keep you abreast of sector developments and get you invested in the companies with 3x, 5x and 10x potential. 
 

Subscribe for Only $149
 

 

You have an extremely informative, level headed outlook and approach to your investing and I have enjoyed your weekly observations and comments. Especially your insight to questions you receive from your subscribers.


I learn more about what to expect in the PMs from your newsletter and updates than just about any other source. I doubt there is another one with a better record for accuracy and objectivity on the PM markets.


Jordan has displayed excellent short and intermediate term technical analysis, primarily in precious metals of course but he has also been able to apply his skill to other areas as well - proving he is a master of this difficult craft. I have appreciated and benefited from following him.


You are 1 of very few out there or maintains your integrity with what you do. I admire that.


"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

 

 

Subscribe for Only $149

 



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.