TheDailyGold: The Coming Catalyst for Gold Stocks...

Published: Sun, 06/02/19

 
The Daily Gold
Jordan Roy-Byrne, CMT, MFTA
 
 

WEEKLY NEWSLETTER

Sunday, June 2, 2019

 
 
 

Here are the Links of the Week...

 

The Coming Catalyst for Gold Stocks

There is a bullish fundamental development coming soon.

Interview: Gold Stocks & Fed Rate Cut

Recorded Wednesday before precious metals exploded higher. 

In Gold We Trust Report

The 2019 version of the annual report. Over 300 pages of excellent Gold Research!

 

Q1 Corporate Results

From the Fat Pitch Blog. Excellent post with numerous charts and data points.

 

Premium Snippets

Chart 1: Gold Quarterly Chart


Gold has been unable to surpass $1330 on a quarterly basis. It has a bit of momentum now and June is the last month of the quarter. Can it close above $1330 on June 30?
 







Chart 2: Gold vs. 


Here we plot Gold against the various asset classes. We use Gold/Euro as a proxy for Gold/Foreign Currencies.

First we want to see Gold/Euro takeout its February high and then its 2016 high. Second, Gold/Stocks is extremely important. 
 






 

TheDailyGold Premium #623

 

We published TDG #623, a 14-page update on Sunday morning. This update included mostly text with some charts.

We wrote a few paragraphs on each stock we own and its current outlook. We also discussed the stock we are going to buy next week. At $1400 Gold in 2020, it has 4x-5x upside from here if the company executes.

Three of our holdings are in a great situation for this season. They are cheap and trading near long-term support. They are cashed up. And they are about to start important drill programs this summer. Two are going after significant targets. This is what you want as an investor. The risk is mostly priced out of these stocks. They won't be hurt if they miss. If they hit, each could double quickly. 

Turning to the sector, it is poised to rally as the Fed cuts rates. The real question though is if the stock market and economy will enter a downturn or if the rate cuts will stabilize the situation and keep the expansion going. Note that there has never been a bull market in Gold without Gold/Stocks ratio rising alongside. That will tell us if the sector is setting up for another 2016 or new bull market. 
 
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. All of the stocks we own have upside potential without a move in the Gold price.  

 

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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.