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Jordan Roy-Byrne, CMT, MFTA |
TheDailyGold: Gold Stocks Performance Following Market Crashes...
Published: Thu, 04/09/20
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Roughly 4 to 5 years ago I argued that the gold stocks were at a level that could be similar to the 1942 low in the stock market. That was the greatest buying opportunity of all time for stocks.
On a valuation basis, it was 1942 for the gold stocks. But the sector did not quite have the fundamental catalyst needed for the start of a sustained, multi-year bull run. Now it has the catalyst in monetary and fiscal policy not seen since the 1930s. A stock market crash and bear of at least 35% is reliably one of the best catalysts for gold stocks. Read about it here. The article is more thorough but if you prefer the spoken word and a video commentary, then click here. To hear the spoken word from someone else, consider my interview with Greg Weldon. He argues why Covid19 is not a catalyst but an accelerant for Gold. Greg is also offering a 30-minute commentary on Gold for $30, which goes towards the first month of a membership to his Gold Guru service. Click Here to get the 30-minute video. (I'm passing along good work, I receive no commission). Silver is going to be a key indicator given that it will perform well if inflation expectations rise but will underperform if the bear market intensifies. It is looking more and more like the crash was a false breakdown or bear trap. Silver closed below $14 for only one week and did not close the month or quarter below $14. The next strong resistance is at $16.  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 too many companies. You seem to
sift through the best and recommend a simple more condensed list with big upside.
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!
Moving onto TheDailyGold Premium...
In TDG #668, we highlighted our top 8, top 11 and overall top 17 (entire group we are tracking).
For the non-producers we assessed their potential over the next 2-3 years and we were not counting on much more than $21 Silver and $1800 Gold. Right now you can buy a few high quality junior exploration companies that have 5-bagger potential. I'm talking about cashed up companies that have management teams with a track record. There are some where you could take a little bit more risk but gain more than 5x potential. One is going to be a producer likely in 2022 or early 2023. It has well over 10x potential. There are a few others that with exploration success coupled with those metals prices that could be 10 baggers. 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 Kern, SkiGoldStocks.com
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