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Interview: About a Correction in Gold Stocks

Jordan Roy-Byrne joins me for a close look at the action in gold stocks in a broad sense. There are a lot of analysts waiting for a correction but the stocks keep moving higher. Jordan and I discuss what a reasonable correction would look like and where he sees opportunity in the sector. Click Here … Continue reading “Interview: About a Correction in Gold Stocks”

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Short-Term Risk Rising but Trend Remains Very Bullish

Trying to assess the potential for a correction in precious metals (and in miners especially) is quite tricky, given the current context. Last week we argued that markets often make powerful and sustained upside advances following significant breakouts. In this context, an overbought condition can become very overbought and persist for a while, during a … Continue reading “Short-Term Risk Rising but Trend Remains Very Bullish”

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TheDailyGold Premium Update #682

The 17-page premium update was published and emailed to subscribers late Saturday evening. In this update we run through everything we own (p4-p9) and assess the upside potential. Note this is easier to do with producers, development companies and late stage explorers. However, in many cases exploration is the wild card. It can unlock a … Continue reading “TheDailyGold Premium Update #682”

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Interview: Does $1800 Gold Price Near All-Time Highs Make Gold Buying Risky Now?

The price of gold has exploded this year with gold now trading around $1800 and close to the all-time highs it set on the technical analysis charts back eight years ago. Mining stocks and gold have both outperforming the stock market this year, but people are worried about the risks of a correction with gold … Continue reading “Interview: Does $1800 Gold Price Near All-Time Highs Make Gold Buying Risky Now?”

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Interview: What Stage of Bull Market?

With gold breaking out again and the stocks, both large and small, moving higher it has everyone wondering just how early stage is this bull market. I chat with Jordan Roy-Byrne today about the significance of these breakouts for the metal and stocks. We discuss whether he thinks this is still early stages of the … Continue reading “Interview: What Stage of Bull Market?”

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Early Signals of What’s Coming in Juniors

Precious Metals have not broken out. Not yet. Gold closed the week at $1790 and Silver at $18.32. They have yet to breach critical resistance levels at $1800 and $18.75.  But the junior sector has broken out.  Both GDXJ (juniors ETF) and GOEX (explorers ETF) eclipsed 7-year resistance and made new daily and weekly highs.  … Continue reading “Early Signals of What’s Coming in Juniors”

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Interview: Smaller Gold Stocks a Barometer of Optimism

Jordan Roy-Byrne joins me today to first recap the recent monthly and quarterly close for the precious metals. Gold just had the second highest monthly close in history and the highest quarterly close of all time. On the gold equities side, stocks are still a long was from their highs of almost a decade ago. … Continue reading “Interview: Smaller Gold Stocks a Barometer of Optimism”

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