Look to yields and the USD to determine future moves in the PMs
Jordan Roy-Byrne joins me today to step away from the gold charts and look to the bond market and USD as barometers for the precious metals. With yields looking like they have topped a couple weeks ago the direction which is now falling yields is very important. As for the dollar the question remains, is this year when we see the dollar breakdown?
Click here to visit Jordan’s site for more metals commentary.
Matthew posted this gdxj chart last week, its playing out nicely.
https://stockcharts.com/h-sc/ui?s=GDXJ&p=D&yr=0&mn=9&dy=0&id=p81954252536&a=713770028
Ten Bagger Podcast – 2019 Ceo.ca #1 Stock Picker Shares Expertise
The Daily Gold – Jordan Roy-Byrne #AudioInterview
“@Goldfinger won the 2019 stock picking contest over at Ceo.ca, so he may know a thing or two about spotting potential 10-baggers. He shares his expertise and provides a stock pick for 2020.”
Gwen Preston’s Strategies on Finding Potential 10-Baggers
The Daily Gold – Jordan Roy-Byrne #AudioInterview
“Gwen Preston discusses the characteristics of 10-baggers with a focus on discovery plays but also considers juniors at other stages. She also offers several companies to consider.”
David Erfle Focuses on Developer Optionality Plays for 10-Baggers
The Daily Gold – Jordan Roy-Byrne #AudioInterview
“David Erfle, editor of the Junior Miner Junky newsletter focuses on oversold, deep value developer type of companies and their ability to be 10-baggers in a metals bull market. He discusses a few of his 10-baggers and also a few stocks he sold or didn’t buy which became 10-baggers.”
These Stocks Can be 10-Baggers at $2500 Gold
The Daily Gold – Jordan Roy-Byrne #AudioInterview
“Don Durrett, goldstockdata.com is very knowledgable about the entire spectrum of gold and junior gold stocks. In seeking out 10-baggers, he favors development stories that “look like” optionality plays. He shares more than a handful of potential 10-baggers should Gold reach $2500/oz.”
An Information Advantage & Patience Can Lead to 10-Baggers in Microcaps
The Daily Gold – Jordan Roy-Byrne #AudioInterview
“Self-taught speculator Luc Ten Have scours micro-caps and penny juniors to find companies with among other things, the right management and share structure. He then is extremely patient. He discusses the importance of share structure, management and how one can get an edge.”
I can see a few 10 baggers should gold move up $1000.
Take my word for it I believe that even a move of $250 would show big numbers! Been in the game since 1982 b!
I agree Big Al that even a move up of $250 in gold would be very significant for most of the related miners.
E, which are those stocks?
Miklo – Almost all the mining stocks would surge big if Gold added $250, but the smaller producers with bigger impacts to their margins, and advanced developers with improving economics would likely have some of the largest moves.
I was kinda making an obvious sorta comment about 10 baggers with a $1000 increase.
A $1000 increase would cause most if not all of jrs to increase 10xs.
The only guess would be time frame.
Right now it looks like the only people in the jr market are goldbugs, maybe some people that think they see the future, but when gold breaks $1800…..and we are getting closer to that.
Resistance at about 1560 is breaking now, $1800 could break this year.
If that happens right after doldrums….look out.
Not gonna matter what you own, heck, I should be looking for another 1/2 cent share.
I dont have one in mind this time.
There’d be a lot of 30+ baggers if gold goes up 1000.
Gold has held up very well considering the action since November but is at resistance here that will probably keep it in check somewhat until next month.
GLD:
https://stockcharts.com/h-sc/ui?s=GLD&p=D&yr=1&mn=0&dy=0&id=p00854078972
There are Future 10-Baggers in the Uranium Sector
The Daily Gold – Jordan Roy-Byrne #AudioInterview
“Justin Huhn, @UraniumInsider tells us why we should not forget this sector, why the long-term fundamentals are bullish and when the trend may turn up for good.”
Yes yes yes. A question of ‘when’ not ‘if’.
Damn. I was checking out goldon when I came across their name while researching either pure gold or rzz properties but it didn’t intrigue me enough to go deeper……🙄
Trump at Davos:
https://youtu.be/izz6dYHlQ3w