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Jordan Roy-Byrne, CMT, MFTA |
TheDailyGold: The Next Buy Opportunity in Gold & Silver...
Published: Tue, 09/22/20
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With Monday's breakdown, no one can dispute that precious metals are in correction mode. I've been warning about the potential for a break below $1920 in Gold.
For my latest take on the immediate sector outlook, take a listen to my video here, published Sunday afternoon. In other news, the 10-Bagger Podcast is back! I interviewed Don Durrett, of goldstockdata.com, who is a walking encyclopedia when it comes to gold stocks. We discuss the current market, how to find 10-Baggers right now and plenty of companies. We discussed among other things, silver juniors, how technical analysis can be useful and why you should be skeptical (but not a cynic) on various claims by people and companies in the industry. Perhaps you could use this correction to rebalance your portfolio. In this audio commentary, I discuss how to structure a portfolio of juniors with the objective of growth and capital appreciation. You offer such an excellent subscription service. In my opinion, your analysis is so sophisticated and accurate, but yet it is very simple to follow and learn from. I have also subscribed to 3 other newsletters, but up to this point, yours is the BEST! The other writers don't give enough good, solid reasons why I should buy their recommendations. The 2 things I ABSOLUTELY LOVE about your updates are the technical analysis of support and resistance. And the possible upside and downside of each pick. I need SOLID reasons why I should consider buying something. Great work Jordon. You’re the best in your space probably the best in all PMs
Jordan has been way more accurate than most metals analysts and the people who pretend to be analysts.
I have tried quite some subscription over the years and yours has been best of all hands down.
Moving along, here is an updated valuation chart. This chart shows the historical price to net asset value of the gold stocks ScotiaBank covers. It's not all gold stocks but it is a decent metric. The current valuation remains well below even the lows of most of the 1985 to 2011 period.  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!
In TDG #692 published Sunday we reiterated the potential for the sector to correct more in price, should Gold drop below $1920. We also highlighted the few points in history that best compare to today (in Gold) and what potential Gold price is implied over the coming weeks and then just after the end of 2021.
We added one company to our tier 1 watch list and another to our tier 2 watch list. The tier 1 company is a developer with a solid, economic project that also has scaleable upside. That is my favorite feature for a producer. If bought 10-15% lower, I see this company having up to 4x upside. My goal is for us to invest in things with 3x to 5x potential over the next 18 to 24 months. Make sure you get into the best stocks with the most potential. We could see some very good entry points coming. 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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