Tuesday, April 9, 2024

Good Morning!

Where is this move in Gold going over the next few years?

In the following video I consider the history of cup and handle patterns, multi-decade breakouts and Gold's own history to hazard a guess at the outlook for this cyclical bull market. 

Unsolicited Subscriber Feedback.....

Jordan is awesome. I recently subscribed to his premium service. His research on individual miners is 2nd to none. But the educational material alone is worth the cost. My dad traded miners and metals for 50 years. He taught me a lot. But I’ve learned so much from Jordan in a short period of time. From Eric V.

You have a rare combination of skills: deep knowledge of the PM market, a historical perspective on how it tends to behave and what can be expected, a remarkable ability to find good stock picks and analyze their potential.  Besides all that you seem to have great common sense and a practical streak. That must be what keeps us subscribing.   Solid reliable analysis and no BS.

Thanks for the fantastic work you do, Ive been in this sector since 2002 and your is the best analysis I've seen.

First, a compliment. I so appreciate your well researched, thoughtful reflection with specific, clear stocks that have 5 bagger potential. You make it look easy (with only hundreds of hours of research) to find great opportunities.

In TheDailyGold Premium.....

In TDG #877 we covered most of the universe of junior silver stocks.

We made a table showing 21 silver stocks, their market caps and resources. Three pages of commentary followed. In a week or two we may publish a table of our most favored junior silver stocks (similar to our Top 10 Table).

In our commentary we mentioned our two favorite optionality plays for Silver. They are valued at roughly $0.25 and $0.18 per Silver-equivalent ounces in the ground. (And by silver equivalent we mean Silver and Gold. No base metals).

These two companies were valued at $0.80-$0.90/oz in the ground at the 2021 Silver peak. What do you think they will be valued at $50 Silver? What if Silver breaks $50? 

In TDG #877 we also adjusted our Top 10 Company Table by dropping two companies.

We wrote that we were trimming two positions (selling 1/2 and 1/4 respectively) because we anticipated near-term underperformance.

We are adding to a silver stock that has a quality, economic project at $22 Silver, and is valued at only 33% of its value at the 2021 peak. Its valuation could potentially rise 8x-10x if Silver hits $50 in a few years.