 |
Jordan Roy-Byrne, CMT, MFTA |
TheDailyGold: Here's Exactly When Gold Correction Ends...
Published: Fri, 08/13/21
|
|
|
Last week, I wrote that Gold would not do anything until the stock market corrects.
With respect to the ongoing correction in Gold, this call or prediction is more definitive. My title is click bait but this article is 2x longer than my usual articles and I think the substance backs it up. Click Here to Read My Article If you want to hear it from the horse's mouth, here is my interview with my friend Trevor Hall from MiningStockDaily. Click Here for My Interview ------------------------------------------------------------------------------------------- I have seen and tried a few of the newsletters. 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 newsletters 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.
Subscribe to TheDailyGold Premium for Only $149 ------------------------------------------------------------------------------------------- In TDG #738, I included an updated report on one of my favorite exploration companies. The stock is getting hit and in the report I mentioned it could have 20% more downside. That was before the Sunday gold smash. Here is the very start of the update summary:
First let me say this is an important update. Make sure you read it all the way through.
I was way off last week with the view the path of least resistance would be higher in August. The precious metals sector is at risk of a real liquidation over the next few months. This should lead to a significant low, but we aren’t there yet and not that close yet. As a result, losses need to be cut now and some profits taken to build cash. I also wrote a few pages about how the portfolio could change for 2022. Nothing is definitive yet but I gave a list of 10-11 companies that could fit the portfolio for 2022, given my current expectation of a bottom in the first half of the year. (I think that's when the Fed hikes). Anyway, I own most of the companies already. But I'm excited to delve into companies on my watch list and some other ones that could become a great value over the months ahead. We have to own the quality stocks that have big potential. That compensates for the risk in this sector. Now is a great time to subscribe as we will be updating company reports every week and writing some new ones. Subscribe to TheDailyGold Premium 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 -------------------------------------------------------------------------------------------
|