Here are the Links of the Week...

Video: Gold Stocks Oversold but its too Soon to Buy

Published Sunday evening. Its a 12 minute video.

Interview: Technical Outlook in Metals

Published Wednesday. A few days old but still relevant.

What is GLD's Inventory Telling Us

From Steve Saville, one of my favorite gold analysts. 

Trade War Impact on Prices, Stocks & Global Economy

Timely post from Upfina, a great site for economic info & analysis. 

Chart 1: Gold Seasonality

I'm not big on seasonality as I've usually concluded that the trend of the market plays a much bigger role. That being said, this is hard to ignore. Moreover, given my bearish outlook on Gold for the next few months and the potential for a key low by the end of summer, this carries even more weight.
 

Chart 1: NY Fed Probability of Recession in next 12 Months

This is up to 27%. I have to think if it clears 30% anytime this summer then we could be seeing rate cuts within 9 months.
 

 

TheDailyGold Premium #621

We published TDG #621, a 24-page update on Sunday morning.

Some investors want a growth-type of company (in the precious metals sector) without having to take on the usual, high risk. These are hard to find given the lack of a bull market in Gold.

However, I think we own one and the second one, we profiled in the update. In a stable Gold price environment over the next 2 to 3 years this company could have upside of 150%. If Gold returns to $1800 in that time frame, the stock could have 5x upside. The stock is correcting now and we gave a clear buy target. Its a level with significant confluence of support. 

The sector is oversold now but broken. We want to see it get more oversold and then reach strong support levels. That's the time to be bullish again at least for a rebound. If the fundamentals align (rate cut) than the sector can rocket higher. 
 
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

 

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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.