TheDailyGold: Near Term Risk in Gold, Now Increasing...

Published: Sun, 08/11/19

 
The Daily Gold
Jordan Roy-Byrne, CMT, MFTA
 
 

WEEKLY NEWSLETTER

Sunday, August 11, 2019

 
 
 

Here are my top links of the week...

 

Near Term Risk in Gold, Increasing

This move may have another push but risk is rising now. 

Video: Best Historical Comparison for Gold Stocks

This brief video contains a new analog chart.

Why Euro Collapse will Precede US$ Collapse

From Steve Saville. Great post, as usual. 


The Bond Yield Continuum & Gold

Great piece from Gary Tanashian, one of my favorite authors.

 



 

Premium Snippets

Chart 1: Silver Rebounds


In the chart below we plot the rebounds in Silver following its 4 mega-bear markets and the crash during the global financial crisis.

If Silver follows the average of the 4 rebounds it would reach $23.50 by the end of March 2020. That's less than 8 months from now. 
 






 

TheDailyGold Premium #634

 

We published TDG #634, a 19-page update late Saturday evening. 

This update included a full 5-pages of a Q&A section. Topics discussed included growth oriented producers, silver stocks for the next 6 months, prospect generators and several questions on specific companies.

On a different note, Gold against foreign currencies made another all time high. In dollar equivalent terms it would be trading at nearly $1950. So Gold continues to be extremely strong against foreign currencies.

If the sector does correct, I'm looking forward to trying to find the things I missed as well as uncovering future winners that I may not own. 

Buy value and buy companies that can add value over the months ahead. Don't chase and don't worry too much about metals prices. Look for charts that are not too overbought but close to breakouts. 

Consider utilizing 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.


 

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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.