TheDailyGold: Gold Retest Coming. What to do?...

Published: Mon, 11/11/19

 
The Daily Gold
Jordan Roy-Byrne, CMT, MFTA
 
 

WEEKLY NEWSLETTER

Monday, November 11, 2019

 
 
 

Here are 5 excellent, actionable items for you.....

 

Gold Retest Coming...

Gold & gold stocks are headed for a retest of what were previous resistance levels prior to the summer breakout. 

Video: Stock Market Breakout Impact on Precious Metals

Important topic. The answer and analysis here is nuanced. Its not a one-word or one sentence answer. 

10-Bagger Pod: Gwen Preston's Strategies on Finding 10-Baggers

Gwen discusses the characteristics of 10-baggers with a focus on discovery plays but also considers juniors at other stages. She also offers several companies to consider. 


Message of the Markets Right Now

Great post here w/ some excellent charts. Are we in the early stages of a global reflation in equities?

 
 

Commodities Break 8-Year Downtrend!

This is from BlackRock. Even they can see Gold has a bright future. But of course they have to pump up stocks too. 


 
 

Premium Snippets

Chart 1: Gold Bull Analog


This is the best historical comparison for Gold currently. For the gold stocks its the early 1960s but for Gold the 1996-2003 period looks much like the 2012-2019 period. The 2019 breakout was most similar to the 2003 breakout. 
 







 

TheDailyGold Premium #647


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.

We published TDG #647, a 17-page update on Sunday. This update focused on the sector outlook and buy targets on a handful of our holdings.

That includes one that has been in our watch list for a little while. This producer fits 95% of our criteria and with flying colors. It is approaching what should be an excellent entry point in the days or weeks ahead. If you buy this 8% lower and Gold reaches $1800 then we project 250% (3.5 bagger) upside over the next 18-24 months.

This is a perfect time to subscribe because you can be brought up to speed with our recent updates as well as our company reports. Most are quite recent. I'm also working on a company index which will show each issue an individual company was covered.  

Furthermore, the massive breakout potential in GDX (and GDXJ to follow) is not too far away which means seizing on upcoming buying opportunities will be critical to achieving future gains. 

 

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.