TheDailyGold Premium Update #515
Saturday evening we published TDG #515, a 32 page update in which we reiterated our near term concern for the sector. We noted that although the bull market may be on pause or may not truly begin for perhaps another few quarters, the industry itself and industry fundamentals are much stronger than in 2014-2015 and could easily withstand a 10% drop in the Gold price and perhaps more. Hence, we are seeing various and numerous juniors performing well or at least holding up well in recent weeks.
We also concluded that over the next few months we want to buy value and buy catalysts. The ideal buy situation is a company that is a good value, is trading near strong support and has a potential catalyst coming.