TheDailyGold: What Does This Leading Indicator Say for Gold?

Published: Sun, 04/07/19

 
The Daily Gold
Jordan Roy-Byrne, CMT, MFTA
 
 

WEEKLY NEWSLETTER

Sunday, April 7, 2019

 
 
 

Here are the Links of the Week...

 

This Leading Indicator Looks Bullish for Gold...

Another metal tends to be a leading indicator for Gold around major sector bottoms. Which metal is it?

Interview: What Will Truly Drive the Metals

Recorded Wednesday. Stock market, China rebound, Gold ratios and more. 

What Jobless Claims Mean for Stock Market & Unemployment

From Upfina. Contains analysis of the jobs market and a number of charts. 


Metals Investor Forum in May

Click Here to RSVP for the conference in May in Vancouver, BC. It's Free!


 

Premium Snippets

Chart 1: US dollar Index


Here is the daily line chart of the dollar index. 

The dollar is trading in an ascending triangle pattern which is typically bullish. The range is getting tighter and tighter. We should also note that the speculators are fairly to heavily long. Look for a break one way or another over the next few months.
 






 

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We published TDG #616, a 20-page update on Saturday night.

The update included a report on a junior producer which had a key news event recently. We noted this had to happen for the company's stock to perform well and the news happened. Based on our work if metals prices remain around these levels, the stock could double over the next 12-15 months. If metals begin a bull market, the stock could have 250% upside over the next 18-24 months. 

We are analyzing as many juniors as we can in order to find the big winners and the ones that can win even before Gold begins a bull market. 

Kirkland Lake has been such a massive winner. Do you want to find the next one? We mention the company which has a chance to be a baby Kirkland Lake. If its exploration success continues and positively surprises, the stock could rise 3x or 4x even before metals prices rise. I'm very confident in this company's future.

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. 
 

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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

 

 

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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.