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Healthy, Bullish Correction in Gold Stocks

Corrections are a good thing. As we wrote last week, they pave the way for new buyers and new adopters of the trend. In turn, the trend strengthens. During the bull market of the 2000s, the corrections in gold stocks were mostly long, multi-month consolidations.  The brief cyclical rebound from 2008 to 2011 was the … Continue reading

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Interview: Pullback in Gold & Silver Stocks

Jordan Roy-Byrne joins me to share some details on the note he sent to subscribers last night. It’s a detailed look into the current correction in gold and silver stocks. Click Here to Learn About TheDailyGold Premium

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Interview: Many Different Ways to a 10-Bagger

In this interview, Jordan Roy-Byrne of TheDailyGold.com offers his outlook on gold and the junior gold sector. He also shares the primary GDXJ technical data point newer investors should focus on as well as discusses utilizing stop-losses on GDXJ. Jordan reveals his portfolio breakdown with the types of mining companies he owns. He also shares … Continue reading

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TheDailyGold Premium Update #676

The 25-page update was published and emailed to subscribers just after midnight EST. In this update we cover 8 companies we don’t own, the technical setups in our stocks and some key technical levels in Gold & Silver.

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Textbook Bullish Setups in Gold & Gold Stocks

It appears the Gold sector is in a correction that could become its most serious since March.  GDX has corrected 13% while GDXJ has corrected nearly 15%. Silver meanwhile has held up much better than Gold, which failed to break resistance at $1760/oz.  During the rapid rebounds of 2008 and 2016, corrections in the gold … Continue reading

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Precious Metals Hit Resistance

The precious metals sector may have begun a correction on Wednesday.  The miners (GDX, GDXJ) sold off after reaching significant resistance levels while the metals are trading just below significant resistance levels.  We mentioned these targets in our article last week. GDXJ has pulled back a bit after testing 7-year resistance while GDX has pulled … Continue reading

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