Two companies are discussed. One, recommended to subscribers a few weeks ago made a huge move while the other is one that appears to be a timely and relatively low risk buy. We think it has potential to triple if Gold goes to $1550.
The 6-page flash update includes comments on a few of our companies and a few notes on the sector.
First we need to define what a breakout actually is. Its when the price breaks a pattern or a range and a new trend is therefore established. Today, people are all too quick to refer to almost every move higher as a breakout. Just google “Gold Breakout” and you’ll see what I mean. … Continue reading “Time for a Breakout in Gold?”
The 22-page update was published and emailed to subscribers Saturday night. This update contains quite a few thoughts on the sector outlook as well as comments on our watch list, trades and a great subscriber Q&A section.
A brief but compact update including a few important, new technical insights.
A golden cross occurs when the 50-day moving average crosses above the 200-day moving average. Its supposed to be a bullish signal and it just happened in Gold. In order to know if this is meaningful, we should check the history and assess the results. We used weekly charts (with equivalent moving averages) so you … Continue reading “The Truth About Gold’s Golden Cross”
The 17-page update was published and emailed to subscribers Saturday night. It’s a shorter update because a caught a very bad and am still sick.
Jordan Roy Byrne joined us at the Metals Investor Forum for a review of the current precious metal market. Jordan believes we’re in for one final decline, perhaps minor, which will lead to an amazing set-up for a major bull market in gold. He’s extremely bullish on a number of mining companies that he believes … Continue reading “Interview with Financial Survival Network at MIF”
The 21-page update was published Monday afternoon. In this update we opine on the sector outlook and our trading strategy for some names we hold and some on the watch list.
Last week we discussed the difference between a rally and bull market. Gold stocks have been in a rally. That rally is now over as gold stocks peaked at their 400-day moving averages days ago and sliced through their 200-day moving averages Friday. Take a look at the charts of any gold stock … Continue reading “Gold Stocks Remain in a Downtrend”