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Video: Correction in Precious Metals & How to Handle it
Precious Metals are correcting now. Here’s what you should do and what you should not do. Click Here for TheDailyGold Premium
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Precious Metals are correcting now. Here’s what you should do and what you should not do. Click Here for TheDailyGold Premium
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Last week we wrote that near-term risk in precious metals (Gold and GDX especially) was rising and a correction could begin soon. As Gold nearly reached major resistance at $1550/oz, the miners already began to correct. That negative divergence is an ominous signal for the sector in the short term. However, the good news is, … Continue reading
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The 17 page premium update was published and emailed to subscribers early Sunday AM. The update includes a new report on one of our favorite companies, which has 5-bagger potential over the next 12 months, as well as a lengthy Q&A section in which we found a new name to add to our watch list.
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The 1-page flash update covers the immediate sector outlook and a development in one of our largest holdings.
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Jordan Roy-Byrne, Founder of the Daily Gold joins me to share his thoughts on how the gold stocks are reacting compared to some other highly correlated markets. There is good reason for a correction in gold and the stocks are telling us that however this run just keeps on going. Remember a correction would be … Continue reading
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Last week was another strong one for the precious metals sector. Gold gained a whopping $51/oz or 3.5%. The gold stocks (GDX, GDXJ) advanced by roughly 6%. Silver gained 4%. Momentum in the sector began to build once Gold surpassed resistance at $1420-$1425/oz. We had noted the lack of resistance from $1425 to $1525-$1550/oz. Gold … Continue reading
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The 19-page update was published and emailed to subscribers Saturday evening, US time. In the update we present our short-term outlook for the sector as well as risks and opportunities.
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We give our answer in the video. Click Here for TheDailyGold Premium
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The 7-page update included comments on the sector and its current standing as well as an updated company report on our largest holding.
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Jordan Roy-Byrne, Founder of The Daily Gold joins me today to share some of the charts he thinks are the most important for gold investors. Gold against foreign currencies is at an all time high but look at where gold is against the USD. There’s a big disconnect there. Also the trend of gold moving … Continue reading