TheDailyGold: Gold Stocks Inching Closer to Huge Breakout...

Published: Thu, 01/02/20

 
The Daily Gold
Jordan Roy-Byrne, CMT, MFTA
 
 

WEEKLY NEWSLETTER

Thursday, January 2, 2020

 
 
 

Happy New Year!

I want to thank you for reading but more importantly I want to wish you a Happy New Year and great 2020! I wish you all the best in terms of health, wealth and happiness. 


One way we can grow wealthier in 2020 is by capitalizing on what could be a huge breakout in the gold stocks. They are inching closer to that breakout!


I was surprised by the upward thrust last week but nonetheless pleased. Can you tell in the sound of my voice? This interview was recorded Friday. Cory Fleck and I discussed the surge, and among other things, the US dollar and PMs rising with the stock market in 2020. 


 

Speaking of the US dollar, it is technically at an ominous point.

In the chart below we plot the 200-dma and 400-dma. The dollar recently failed at the 200-dma and on Tuesday closed below the 400-dma for the first time in 15 months. 

The dollar made a double top in the fall and lower highs since. It lost its 400-dma and closed below the uptrend line that started in January 2018. 

 



 
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I’ve been reading JRB for over 12 years and a subscriber for 2 years. Excellent, outstanding honest service, best investment newsletter I’ve ever made (and I’ve been through many). My only regret is not being more patient and listening to JRB more closely!


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.
 


Moving onto TheDailyGold Premium...

If you have invested in the right companies and held those positions, you have probably done quite well. 

In the summer of 2018 we bought what has been our biggest position for a while. It has advanced over 300%.

Near the end of last year we bought an exploration company that made a significant discovery in Europe. Its up 160% for us since then.

In early 2019 we highlighted a little-known silver company. Those that bought it then are up well over 300%. 

In the summer of 2019 we bought a junior gold producer which at the time we said had 10-bagger potential over the next 2-3 years. The stock is up nearly 175% and just getting started.

Keep in mind, we don't have 50 picks or even 15 picks like most. And these results are before the gold stocks have made the big breakout we are all waiting for. (Plus I own a handful of others that are up 50%-100%).

Let me help you find the big winners of 2020. I'm focused on finding stocks that have 3x to 5x potential over the next 12-18 months.

 
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"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 Kern, SkiGoldStocks.com

 

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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.