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Jordan Roy-Byrne, CMT, MFTA |
TheDailyGold: Gold's Bull Market Has Barely Started...
Published: Wed, 03/17/21
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After a sharp correction in Gold and gold stocks, people are wondering and asking if the bull market is over. What?
It's barely even started. We discuss in an article penned a few days ago. Click Here to read the article. Part of the argument is explained in this video. If you prefer the video version, click here to watch the video. In doing a bit more company research these days, I've found a few flaws here and there in various companies. In this video I discuss 5 potential flaws a junior company might have. Avoiding companies with any of these flaws helps me tighten up my research and focus. Click Here to watch the video. Incrementum publishes one of the best annual reports on everything Gold and investing in Gold. Click Here to see a preview w/ charts.  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.
Here is a chart of the Nasdaq. It looks similar to 1999-2000. Tech stocks have started to weaken. I don't know if that continues or if it will make another run higher. The acceleration after 2018-2020 looks similar to the acceleration after 1998-1999. Volume exploded during both accelerations.  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. TDG #717 included a company report and notes on a few companies on our watch list. The technical stuff was light. The short-term trend is higher. The rally will continue into spring. Circling back to companies, I wrote a report on one of our most profitable companies that we recently trimmed. If I gave you some hints you might guess it. But, if you are looking for a Silver company with, in my opinion, what could be some of the best assets, this is the one. They are on track to be the next Silvercrest but they have a good shot to exceed what Silvercrest has done. I added a company to our watch list and am looking forward to learning more about it. It likely has a likely economic deposit with potentially 1M oz Au already and barely a US $30 Million market cap. It looks like they could get to 2M oz Au. If they could get to 3M oz Au, that would raise its value from here significantly. I'm researching another company I'm likely going to add to the watch list. This is another company with ~1M oz Au but strong potential to increase it significantly. Their project has the makings of a low cost, high margin tier 2 type of project. The company could become a takeover target in a year or two. I love trying to find the next big winners for subscribers. There is a lot of quality out there to be had with 3x, 5x, and 7x potential. Thanks a lot for the update on (redacted). Very well written. I really enjoy your company updates. And I think I'm going to swap out of (redacted) in favor of (redacted) now. "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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