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TheDailyGold Premium Update #737
The 33 page premium update was published and emailed to subscribers early Sunday AM.
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The 33 page premium update was published and emailed to subscribers early Sunday AM.
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Gold and gold stocks, in particular, have made a short-term low. The gold and silver stocks have been fairly oversold, while the smaller juniors have been very oversold, so a rebound is not surprising. I was hoping to see GDX and GDXJ test $30 and $41 and reach extremely oversold readings, but I digress. While … Continue reading
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The real bull market in Gold won’t begin until stagflation hits, which should coincide with the end of the handle on Gold’s cup and handle pattern. Then Gold and gold stocks will outperform the stock market. Gold’s correction compares with three bull market corrections. Their data helps us assess a bottom in Gold and potential … Continue reading
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The 19-page update was published and emailed to subscribers early Sunday AM.
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Boy, that escalated quickly. Last week we noted that the gold stocks were oversold but failed to mount any rally even as Gold had rebounded as much as $80/oz. Silver, which had been leading Gold, consolidated in a bearish fashion. In the context of a larger correction, that price action was ominous. Once Gold peaked, … Continue reading
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Jordan Roy-Byrne, Founder of The Daily Gold join us to share his outlook for the gold sector, mostly related to the stocks. We discuss a couple analogs to past gold market corrections, when lead by the stocks, and how investors are viewing the sector over other investment opportunities. Click Here to Learn About TheDailyGold Premium
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The 33-page update was published and emailed to premium subscribers Sunday afternoon. The update includes the usual 1-page summary but also an additional 2-page commentary on the state of the market and big picture outlook for this cycle.
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Many breadth and sentiment indicators argue for a sustained correction in the stock market. The last three declines in the stock market over the past 6 years coincided with the three most recent significant lows in Gold and gold stocks. Click Here to Learn About TheDailyGold Premium
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Jordan Roy-Byrne, Founder of The Daily Gold joins me for a look at the short term charts for gold and silver. We also compare the gold stocks, which really haven moved, to the slow rise in gold. As for Silver there is the potential of the metals setting up a bear flag in the short … Continue reading
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The 2-page update was published and emailed to subscribers late Tuesday evening.