Jordan Roy-Byrne and I discuss the recent gold and GDX action that sliced through some key resistance levels. Jordan had a short on the mining stocks but has since closed out that position and is not waiting for that bounce to come. Click Here to Learn About & Subscribe to TheDailyGold Premium
The 11-page flash update was published and emailed to subscribers at 11:50pm pacific time, 8/15. This update includes a trade update, sector update and technical comments on most of our current holdings.
Listen Here…. Play / pause 1x 1.5x 2x 0:00 0:00 25:58 volume The US$ Shortage & Why its Ultimately Very Bullish for Gold iTunesGoogle PlayShare Leave a ReviewClammr ItListen in a New WindowDownloadSoundCloudStitcherSubscribe on AndroidSubscribe via RSS Powered by the Simple Podcast Press Player Brent Johnson brings almost 20 years of experience in the … Continue reading “The US$ Shortage & Why its Ultimately Very Bullish for Gold”
A very brief flash update was emailed to subscribers. One of our trades hit our sell target, so we sold.
In recent days Gold has been more oversold than the gold stocks. Entering this week, the gold stocks were fresh off a major technical breakdown. An upside or downside break can lead to a market stretching beyond what typically qualifies as overbought or oversold. After Monday’s selloff, the gold stocks are hitting oversold levels but … Continue reading “Gold Stocks are Not Too Oversold Yet”
We cover the dollar breakout and the gold stock breakdown as well as Gold, which is ripe for a rally. But how much will it help the gold stocks? Click Here to Learn More & Subscribe to TheDailyGold Premium
The 24-page update was published and emailed to subscribers at 9:45 pm pacific time. The update focuses on the sector outlook and specifically for Gold and the gold stocks. Is Gold ready to rally? Should hedges be sold? How much upside do miners have? These questions are answered in the update.
With GDX breaking down over Jordan Roy-Byrne and I discuss the relationship between the actual gold price and gold stocks. While these two are related the price moves can be very different at times. Jordan also shares some of the levels he is watching for both. Click Here for TheDailyGold Premium
The 6-page flash update was published and emailed to subscribers around 10pm pacific time. Large cap miners (GDX, HUI) have broken down below critical support levels. Is a rally coming? How big? Do we take profits on our short positions? Is it time to buy or short?
The 27-page update was emailed and published to subscribers late Saturday night. In the update we cover the immediate outlook for the sector as well as what we are holding, possibly selling and what we want to buy. We also note the dichotomy going on between the sector at large and the pockets of extreme … Continue reading “TheDailyGold Premium Update #581”