There are very few sellers left There were very few sellers left in January 2016 when the devastating “forever bear” was about to end. Six months later and a 150% rebound in the large caps and 200% rise in the juniors (GDXJ) provided sellers an opportunity. They drove the miners and … Continue reading “5 Reasons Gold Stocks Will Breakout in 2018”
With gold moving above $1,300 on the last day of trading in 2017 there are a number of encouraging signs that developed in the last 2 and a half weeks. Jordan Roy-Byrne, Founder of The Daily Gold shares his insights on the price action and what it means for 2018. We look at the recent … Continue reading “Interview with Korelin Economics Report: Encouraging Close to 2017”
The 7-page flash update covers our short-term outlook for Gold and gold stocks as well as two companies including Novo Resources. We discuss the technicals on Novo Resources. The other company is our latest buy. We really like this entry point. The flash update includes our original commentary on this latest buy.
We have published five updated company reports in December. These update include a silver explorer in Mexico, a gold explorer in Africa, an explorer/developer in Canada, a gold/silver explorer in Mexico and another explorer in Canada. Login to download the 78-page, 2017 reports file.
The 34-page premium update was published Saturday evening. It included, among other things two company reports as well as an update on Novo Resources. One of the companies we covered was one of our biggest winners in 2016 but the stock has corrected, is trading at a reasonable value and the company is drilling now. … Continue reading “TheDailyGold Premium Update #549”
Back in early 2016 as precious metals rebounded, our work showed that gold stocks were arguably the cheapest they had ever been. They had the worst 5-year and 10-year rolling performance ever, they were trading at potentially 40-year lows on a price to cash flow basis, they were the cheapest ever relative … Continue reading “5 Charts That Show Historic Value in Gold Stocks”
This was a brief intraday flash update covering Novo Resources. We will have much more in the weekend update.
TheDailyGold Premium Update #548 was published late Saturday evening. The 24-page update included an updated report on one of our top holdings. It was one of our biggest winners of 2017 but has since corrected quite a bit. It is trading around a reasonable entry point. The people involved with this company rate as fantastic … Continue reading “TheDailyGold Premium Update #548”
In recent days the gold stocks (GDX, GDXJ) traded within 1% of our downside targets of GDX $21.00 and GDXJ $29.50. Last week we wrote: “the miners are getting oversold and a bounce could begin from those levels.” GDXJ troughed first last week at $29.84 while GDX printed a low of $21.27 on … Continue reading “Relief Rally in Gold Mining Stocks”
This 7-page flash update was published and emailed to subscribers Friday morning. It was also posted to the website. The update covers the recent rebound in the gold stocks, how far it could run, the outlook for Fed policy and when a fundamental catalyst for Gold is more likely to emerge.