Thursday, January 25, 2023

Good Morning!

Precious Metals have had a rough January. 

Miners have lost 10%-11%. Gold is down 2.7% and Silver has lost 5%.

I have written quite a bit about Gold's super bullish cup and handle pattern. Although Gold has held up really well and has had multiple opportunities, it has not cleared $2100.

That begs the question.

What is the status of this pattern?

Why can't Gold break-out?

Take a few minutes to read my article.

Article: Status of Gold Cup & Handle Pattern (4 Min)

Every Gold Bug and newsletter writer is talking about the gold stocks as undervalued.

The gold & silver stocks are definitely cheap. But are they undervalued? There is a difference.

I explain in this video (includes chapters), which includes some valuation charts. 

Video: Gold Stocks are Cheap or Undervalued? (15 Min)

In TheDailyGold Premium.....

In TDG #865, I updated our Top 10 Company List & Watch List. 

I dropped one company from the Top 10 List back down to the Watch List. I also updated my comments on each company on each list.

The Top 10 & Watch Lists are in table format that contains the company name, status (producer/developer/explorer), current market cap & cash position and roughly 100 words.

The value to you is you can look at both tables and gain an understanding of our favorite companies and valuable quantitative information in 15 to 30 minutes. 

And then you could download the Company Reports File for more information.

In TDG #866 I wrote about the 3 macro scenarios for 2024. I concluded that one of the scenarios would lead to another scenario in late 2024 or early 2025.

I also provided technical analysis on 14 different companies with a focus on current support & resistance levels as well as the long-term trend for each stock.