Last week GDX and GDXJ were down almost 12% at their lows on Thursday. Since then, they’ve recovered but only a tiny fraction of recent losses. The crash did result in the miners reaching an extreme oversold condition while trading around long-term support at their December 2016 lows. It was the perfect setup for … Continue reading “Gold Stocks Crash! Now What?”
The 23-page update was published emailed to subscribers at 11:25 pm pacific time. The update covers the immediate scenarios for Gold and gold stocks as well as potential upside targets during a rally. The update also covers our latest thoughts on our holdings.
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