Here are the actionable links of the week...

Precious Metals Encounter LT Resistance

Penned Monday. Gold, Silver, GDX & GDXJ are all at multi-year resistance.

Interview: Will Gold Reach $1700 or Test $1400 First?

Recorded on Wednesday but published Saturday.

The Market Leads The Fed...Sort of...

From Steve Saville.

Monthly Charts on Key Markets/Assets

From JC Parets. Monthly charts are more significant & carry more weight.

Chart 1: Gold Monthly Charts

Below we plot Gold, Gold/FC, Gold/Euro, Gold/Yen, Gold/Pound

Gold has now passed its 2011-2012 highs when denominated against all the major currencies. (The US$, Swiss Franc and currencies pegged to the US$ are the only ones not yet to pass the 2011-2012 highs).

As you can see, Gold against foreign currencies (Gold/FC) has easily surpassed that 2011-2012 all time high resistance.  
 

 

TheDailyGold Premium #637

We published TDG #637, a 15-page update on Sunday. 

Even if Gold and the large cap miners correct, its possible that juniors hold up well or even some money flows into that space. Recall, early 2009. Gold and the large caps exploded higher and then corrected and consolidated from March into summer. Yet during that correction juniors performed quite well. They just didn't recover as soon as Gold and the large caps did.

But if we see a correction or pause for a little while then it will setup new opportunities and new values. So don't panic if you missed the first wave.  

There is no doubt for the quality of work and expertise that we share this is the best value service you are going to get. Other services charge hundreds or even thousands of dollars and could give less of a shit about their subscribers. Without my subscribers I would have nothing. I work very hard to earn their trust. I look forward to you coming on board.
 

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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.