Wednesday, March 13, 2023

Good Morning!

Three months ago we wrote a report a junior gold company in TDG #866 and teased it here.

From the report:

A very reasonable 7x multiple equates to a market cap of $850 Million. That is a potential 2027 target, and it does not account for a bull market in Gold. The stock clearly has 10-bagger potential in three years if there is a bull market in Gold....."

The stock has surged 67% since my report.

Consider subscribing to TheDailyGold Premium, where I work to uncover the highest quality juniors with the highest potential. 

Whether it is a stock or a commodity, history shows that breakouts from multi-decade bases can lead to extraordinary gains. 

In this video we cover some of the most important breakouts in history and what that implies for Gold, and later, Silver. 

Video: History Informs us About Gold's Breakout Potential (10 Min)

Gold Breakouts & Silver Performance

Here we plot Gold, Silver and Silver vs. Gold at the bottom. The vertical lines mark Gold breakouts.

Silver's performance against Gold post-breakout is mixed but in every case (ex 1972) it eventually strongly outperforms Gold.

In TheDailyGold Premium.....

In TDG #873 we focused on Gold, Silver and gold stock performance following major Gold breakouts.

We answered some subscriber Q&A's regarding concerns about a recession negatively impacting precious metals and lack of performance from Silver and the gold stocks.

Another point we made is there were 3 drivers of gold stocks' poor performance against Gold. Now there is only 1 driver.

When Gold breaks out and makes a trending move (i.e., 2002-2003, 2005-2006, 2009-2010), miners and juniors can strongly outperform.

Select juniors can dramatically outperform GDXJ. We work to uncover those in TheDailyGold Premium.  

You can immediately get up to speed by downloading TDG #872 and reading the Top 10 & Watch List Tables on pages 3-4 and downloading our 2023-2024 Company Reports File.