Here are 4 actionable links for you.....

Market Action Suggests Downside in Precious Metals...

The technicals are weak and the sector isn't reacting to potential good news.

Interview: QE or Rate Cuts More Significant?

I discuss the immediate outlook as well as 2020 outlook. 

The Coming Great Inflation

Great post by Steve Saville, one of my favorites. Must read!

Does Terrible Soft Data Indicate a Recession?

From Upfina. Not necessarily. 

Chart 1: Bond Yields

We plot various bond yields. 

Back in 2017 and into 2018 the 2-year yield was leading bond yields higher. The yield curve was flattening because the 2-year was rising faster than long-term yields. A flattening curve is bullish for stocks and bearish for Gold.

Rate cuts are obviously bullish for Gold. But so too is a steepening curve, even if all yields are rising. In that scenario, longer-term yields rising faster than the 2-year is what is bullish for Gold.

Are we now seeing the start of that?
 

 

TheDailyGold Premium #643

We published TDG #643, a 19-page update Sunday. 

We have expected Gold and gold stocks to retest their breakouts and Friday could be the start of the selloff that leads to those retests. Gold has strong support at $1370 and $1400 while GDX has strong support at $24-$25.

During the rebound we took a few profits and boosted our cash position. We are looking to increase the quality of our holdings during this correction and consolidation and we've started to do that.

The update included a report on a new buy we made just days ago. (Subscribers were notified before we bought and the company was mentioned a few times in recent weeks).

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.