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Jordan Roy-Byrne, CMT, MFTA |
TheDailyGold: Gold Will Soar When This Happens....
Published: Fri, 04/23/21
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I hope you had a good week. I'm trying to get in some vacation time but I never truly stop working.
People pay me to find big winners. I never stop looking. Do you want to know which stocks will be the big winners? Here are my latest thoughts on precious metals and the current technicals for Gold, Silver, GDX, GDXJ. Click Here to listen to the interview. Will this rebound have legs? Written a week ago but still relevant. This article will give you an idea. Click here to read my article. You may have already seen this but this is very important. In this video I explain this key event and why it will be very bullish for Gold. Click here to watch & listen. Here is Steve Saville on Gold's most important fundamental, right now. Click here to read Having read your past months' newsletters i notice your forecast about when both gold and silver next leg up will take place is less optimistic than other precious metals commentators who assert it is imminent. To be honest your relative "pessimist" medium term future price evolution forecast has proven to be more accurate than the other more optimistic analysts.
Take a look at this chart... The 400-day moving average is an excellent indicator for the gold mining stocks. Here we plot the Dow Jones Gold Mining Index with GDX and GDXJ, and their 400-dma's. These charts remain in bullish shape (12-24 months) as long as they hold their 400-dma's and GDX holds 31. Interestingly, both GDX and GDXJ retraced 50% of their 2020 Covid-rebound during the correction.  Jordan's newsletter The Daily Gold is the best deal in precious metals investing. He is sharp, experienced, honest, doesn't overhype, disciplined, and he is killing it in this bull market with well researched picks that are outperforming the GDX & GDXJ with less risk and better
upside in my opinion. Seriously, check it out.
New-ish subscriber here. Big fan of your work. Your sober analysis of the precious metals market has proven far more accurate than the other voices in the space. So thank you for that. In recent weeks we've added a silver company to our watch list and we're going to add a watch list stock to the portfolio. This junior producer is going to double its production in 18 months. Its relatively cheap, has one of the best charts and can double if the market is flat over the next 12-18 months. We calculate 200% upside at $2000 Gold, and of course more if Gold breaks higher. There's few quality smaller silver plays. In the last few weeks we noted our top silver stock, which I see having 10x potential if Silver runs to $50. However, we found a smaller one that is "adding value" as we like to say and we added it to our watch list. Even though I'm on vacation, I had a zoom call with the company this morning. Want to find companies that will be market leaders and don't require $2000 Gold or $30 Silver to be successful? Find the ones that can add value. Remove metals prices from the equation and you will see which ones require rising metals prices to function. The bulk of my capital is in 8 companies that are or are in great position to add value over the next two years. Factor in $2100 Gold and most of these can be 4 or 5 baggers. Some more. Subscribe now and you get everything up front plus another 6 months of updates 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 Subscribe to TheDailyGold Premium for Only $149
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