Silver Squeeze, Gold Fails & GDX Breadth
It was an interesting week in the precious metals complex. There appeared to be the start of a short squeeze in Silver (hedge funds were heavily short) but it ceased at important resistance. Meanwhile, Gold closed the week on a weak note, losing $1340-$1350. The gold stocks, like Silver closed the week below technical … Continue reading “Silver Squeeze, Gold Fails & GDX Breadth”
TheDailyGold Premium Update #566
The 30-page premium update was published and emailed to subscribers late Saturday night. In the update we provide our latest thoughts on the sector, its short-term outlook and updated buy target prices for our favorite stocks. Speaking of our favorites, we provide updated thoughts on one of our favorites (the one with massive long-term potential). … Continue reading “TheDailyGold Premium Update #566”
Interview: Encouraging Signs for Precious Metals but No Breakouts Yet
With the silver market leading the way for precious metals today there are some very encouraging signs for the sector. We are not seeing any breakouts yet but let’s watch where the markets close this week. Jordan Roy-Byrne, Founder of The Daily Gold joins me to share some of the factors that have him encouraged … Continue reading “Interview: Encouraging Signs for Precious Metals but No Breakouts Yet”
Juniors are Close to Breaking Downtrend
A few weeks ago we wrote that it may not be Gold’s time yet but a few recent developments suggest its time could be sooner than we anticipated. Although Gold failed to breakout last week, we should note the positive action in the miners. Over the past seven trading days the miners have strongly … Continue reading “Juniors are Close to Breaking Downtrend”
TheDailyGold Premium Update #566
TDG #566 was published and emailed to subscribers on Saturday evening. The 27-page update covers some of the positive divergences within the precious metals sector that bode well for continued strength and perhaps a breakout in Gold soon. The update also included portfolio commentary and immediate support or buy price targets for our holdings (p2-p3). … Continue reading “TheDailyGold Premium Update #566”
Video: Gold & Gold Stocks are Setup for Big Runs but When?
Gold failed at resistance Wednesday but remains in position to breakout anywhere from very soon to in the summer. Its increasing relative strength has brought it very close to a breakout. Meanwhile, the stocks are trading in tighter and tigher ranges and are set to move up aggressively and sustain it if Gold can close … Continue reading “Video: Gold & Gold Stocks are Setup for Big Runs but When?”
TheDailyGold Premium Flash Update (4/12)
In this flash update we cover the sector technicals and mention the stock we just bought. It was covered in a recent weekend update.
Interview: War & Other Factors Driving Gold
Jordan Roy-Byrne, Founder of The Daily Gold joins me for another look at the metals outside of war fears. The metals experienced a nice spike today but are pulling back and especially for silver could give up all those gains. It is more important to understand what is building for the sector rather than hoping … Continue reading “Interview: War & Other Factors Driving Gold”
Which is Right: Gold or Real Rates?
Readers know that I have beaten this drum all too often. Gold’s major fundamental driver is declining or negative real rates. There is a strong inverse correlation because Gold is money. That’s what JP Morgan said and he’s far more qualified to understand than quotable celebrities like Mark Cuban. But I digress. … Continue reading “Which is Right: Gold or Real Rates?”
TheDailyGold Premium Update #564
The 29-page premium update was published and emailed to subscribers on Saturday evening. This is one of our best and most informative updates over the past several weeks. The update contains a report on one of our favorite Silver companies, some solid Q & A, and we mention the key developments over the past week. … Continue reading “TheDailyGold Premium Update #564”
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