TheDailyGold: Gold Stocks Forming Bullish Consolidation...

Published: Tue, 07/16/19

 
The Daily Gold
Jordan Roy-Byrne, CMT, MFTA
 
 

WEEKLY NEWSLETTER

Tuesday, July 16, 2019

 
 
 

Here are 4 great actionable links...

 

Gold Stocks Forming Bullish Consolidation

The gold stocks (and Gold) have held up quite well amid potential negative news. 

Video: Why is Silver Lagging?

Recorded Wednesday. A 6 minute video with analysis on why Silver is lagging and what needs to happen for it to move higher with Gold. 

Gold & Inflation Expectations

Another good one from Steve Saville. 

 

July Macro Update

From the Fat-Pitch. These monthly posts are excellent. Contains numerous data, charts and analysis. 

 

Premium Snippets

Chart 1: Silver Stocks (SIL)


Below is a daily chart of SIL with the 200-dma and 400-dma.

SIL appears to have emerged from a double bottom. At present the stock is digesting its recent surge and doing so in bullish fashion as it holds above the 200-dma which is now sloping up. The RSI is acting bullish.

SIL has remained below its 400-dma for nearly 2 years. A break above it and $27.50 would be significant. A strong push above that resistance would trigger a measured upside target of $32-$33.







 

TheDailyGold Premium #630

 

We published TDG #630, an 19-page update late Saturday evening. Like the past update, this one featured a lengthy Q&A section. 

In one question we covered our top holding and what has to happen for this stock to make a major run. It is the stock that every investor in miners or juniors must own. It has been a big winner so far but we detailed how it could more than triple from here. I'm confident it could double as long as Gold remains above $1300. 

The entire portfolio has performed quite well over the past month so there isn't any laggard or anything that stands out as too cheap at the moment. We do have a little bit of cash and some names on our watch list. One is a junior silver company that is extremely cheap right now. We think its the cheapest silver company on the market. 

Consider a subscription. This move could have a lot more upside and you should utilize our expertise to make sure you are in the stocks that will perform. 

 

Subscribe for Only $149

 

I have seen and tried a few of the news letters. Yours is by far the best, yours is the only one that really gets the technical analysis down. Fundamentally I really like your picks they are all low risk minimal downside with huge upside. I have found some of the other news letters pick a lot of risky exploration stocks or they simply have far to many companies. You seem to sift through the best and recommend a simple more condensed list with big upside.


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.


 

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.