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Jordan Roy-Byrne, CMT, MFTA |
TheDailyGold: Correction Coming...
Published: Wed, 07/29/20
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I wrote this last Thursday but it remains relevant.
Precious Metals are going to correct So, what do you do before or during a correction? Listen to my audio commentary: 3 Things You Do Now #4 Thing to Do....subscribe to TheDailyGold Premium!
Moving along, what is the upside for Silver over the next few years? Consider the bull analog chart below. Three of the four biggest moves project to around $55-$60. The outlier was the 1976-1980 move that peaked at $130 on this scale! Could the cyclical peak be as early as 2022? 2024? I'll have some thoughts in an upcoming subscriber report.  Moving onto TheDailyGold Premium...
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!
Sunday AM we published TDG #684, which was a lighter update than in past weeks.
Last week I noted that in TDG #682 we covered upside potential for all of our holdings, and in TDG #674 we covered the silver companies. I might do another silver update this weekend, because I want to analyze the juniors based on ounces and grade. I'm also looking at prospects that have 10-bagger potential... In recent updates I mentioned a particular company that I owned but sold in March. I was considering getting back in. The company added a big name as chairman a few weeks ago. In TDG #684, I had a 10-bagger list with 3 names. This company was at the top. I missed my chance. The company reported spectacular drill results yesterday and was up almost 200%! I don't feel bad because I know some subscribers bought and held. I failed to take my own advice...."buy and hold!" My goal is for us to invest in things with 3x to 5x potential over the next 18 to 24 months. If we are lucky we find things with more than 5x potential and some of our stocks still have that potential. Make sure you get into the best stocks with the most potential. I look forward to helping you make money. "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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