Here is quite a bit of content & analysis for you.....

3 Tips for Picking Juniors...

Penned Monday. These tips can help you zero in on the best juniors. 

Video: Silver Technical Outlook

I discuss the immediate outlook as well as 2020 outlook. 

Video: Key Support Levels & Gold/S&P Ratio

Recorded Thursday evening. Technical review of GDX & GDXJ

Why We're Selling Gold

From JC Parents. His view is similar to mine. He thinks after a period of "months" Gold will resume higher to $1900 & GDX will breakout. 

Market Begins Pricing in More Rate Cuts

From Upfina. My view is Gold needs to see "cuts" and not a single cut, for the next leg higher to take shape.  

Chart 1: GDX w/ Breadth Indicators

Here we plot GDX along with various breadth indicators. 

GDX's support is at $24-$25 but we should also keep an eye on the breadth indicators. 

The longer-term breadth indicators like the percentage of HUI stocks above the 200-day moving average and bullish percentage index (BPI) have not reached oversold territory despite recent weakness. BPI has come down to 60% but it was below 25% when GDX held around its 200-dma in the spring. Then the percentage of HUI stocks above the 200-dma was around 40%. It remains at 84% now. 

In addition to GDX testing $24-$25, we want to see some of these longer-term breadth indicators become oversold.
 

 

TheDailyGold Premium #642

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

We published TDG #642, a 14-page update Sunday. 

We emphasized that the sector remains in a correction and consolidation and argued why that likely remains so even if the Fed cuts this month.

Sometimes its best to do nothing. But this is a time for research and uncovering the winners of 2020. 

Subscribe for Only $149

 

"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.
-Jeffrey M. Kern, SkiGoldStocks.com


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.