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Jordan Roy-Byrne, CMT, MFTA |
TheDailyGold: Breakdown or Bottoming in Gold Stocks...?
Published: Thu, 08/26/21
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Last week, I wrote about the breakdown in the gold stocks (specifically HUI & GDXJ). Read about that here.
For my latest thoughts and to hear it from the horse's mouth, here is my interview with KEReport. The day before I did an interview with MiningStockEducation, in which we discussed some larger, fundamental issues. My statements were more nuanced and perhaps vague, rather than the definitive calls most people listen for. That is because there are plenty of moving parts. Click Here to Listen to the Interview ------------------------------------------------------------------------------------------- I have seen and tried a few of the newsletters. Yours is by far the best, yours is the only one that really gets the technical analysis down. Fundamentally I really like your picks. They are all low risk minimal downside with huge upside. I have found some of the other newsletters pick a lot of risky exploration stocks or they simply have far too many companies. You seem to
sift through the best and recommend a simple more condensed list with big upside.
Subscribe to TheDailyGold Premium for Only $149 ------------------------------------------------------------------------------------------- Here is a chart of GDXJ with some of my custom breadth indicators. The new 52-week lows data below is correct below. The indicators show GDXJ is, at worst, at its second most oversold point in the past 5.5 years. Will it rally soon or make a final bottom at $35?  ------------------------------------------------------------------------------------------- "I am simply a pure market-timer for a broad basket of gold stocks and precious metals. Jordan, on the other hand, has provided superior STOCK-PICKING abilities over the longer-term. I am familiar with most gold stock subscription services over the past 30 years. I rarely provide endorsements of any kind, but Jordan's ability to analyze individual gold/silver stocks has been among the top 5 services over the past decade. First and foremost, I respect his integrity. -Jeffrey Kern, SkiGoldStocks.com Subscribe to TheDailyGold Premium for Only $149 -------------------------------------------------------------------------------------------
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