Login

Enter your username and password below

MIDAS June Portfolio Update

Dan Amoss
By Dan AmossPosted June 10, 2022

The long correction in junior gold and silver stocks continues as investors are fearful of what the Fed’s tightening plans will do to gold prices. But the longer we are in a negative real interest rate environment due to high inflation, the better gold performs as a store of value relative to the U.S. dollar. It has been a fairly quiet month in the portfolio as juniors gear up for summer 2022 drilling season in the Northern Hemisphere. For now, Dan gives guidance on all the open positions in the portfolio.

You Must Be A Subscriber To View This Content.

If you are already a subscriber, click the login button below to get access. Not yet a subscriber? Checkout our publication below and get access today!

Jim Rickards’ Gold Speculator with Dan Amoss

Login

Dan Amoss

Dan Amoss

Dan Amoss, CFA, tracks aggressive accounting and other red flags that markets miss. He’s a student of the Austrian School of economics and Daily Reckoning fan since 2000. Agora Financial relies on Dan for macro market commentary as well as profitable plays like his 2008 call to readers to buy Lehman Bros. puts, which...

View More By Dan Amoss

Related Posts

MIDAS January Portfolio Update

Dan Amoss
By Dan AmossPosted January 8, 2021

The breakeven inflation rate has been rising steadily because investors are expecting plenty of inflation over the next decade – even if we see scant “official” inflation in the near term. Since Jim expects stimulus programs to stimulate inflation, and not real economic growth, the TIPS market and the gold market should benefit. For now, Dan updates the latest developments for all our open positions in the portfolio.

MIDAS November Portfolio Update

Dan Amoss
By Dan AmossPosted November 13, 2020

We viewed gold’s sharp decline this week as a short-term dip and a great buying opportunity for investors. Buying during drawdowns and riding the upswings for profits is a winning combination. For now, Dan updates the latest developments for all our open positions in the portfolio, including a sell alert for gains last week.

MIDAS August Portfolio Update

Dan Amoss
By Dan AmossPosted August 13, 2021

All of our positions that are still rated buy look attractive, especially after the correction in gold. Jim doesn’t expect this gold correction to last much longer, because a variety of factors could emerge to propel the metal into its next significant rally. Look for more macro guidance from Jim in his next Gold Note. For now, Dan gives guidance on all the open positions in your portfolio.

MIDAS June Portfolio Update

Jim Rickards
By Jim RickardsPosted June 11, 2021

Deeply negative real yields on Treasury bonds are a classic bullish signal for gold prices. And right now, real yields are as low as they’ve been in decades. With rising gold prices, you’ll want to hold several of our stock recommendations, which are diversified across geography and stage of company development. For now, Dan gives updates on all the open positions in the portfolio, including a ticker symbol change along with several buy limit price changes. Also, one position has moved from buy status to a hold.

MIDAS February Portfolio Update

Dan Amoss
By Dan AmossPosted February 11, 2022

Gold prices have held up remarkably well as broad recognition that the Fed is going to make a policy mistake could occur over the next few months. And when that recognition spreads, gold and gold stocks could embark on their next significant rallies. For now, Dan gives guidance on all the open positions, including significant updates on the financing package announced by Sabina Gold & Silver (SGSVF) and the long-awaited Pre-Feasibility Study released by Integra Gold (ITRG).

MIDAS December Portfolio Update

Dan Amoss
By Dan AmossPosted December 11, 2020

Our positions has moved sideways for the most part in recent weeks as the gold consolidation continued. Some positions are outpacing others, but our view of any particular stock has not changed very much. We don’t expect this consolidation to last much longer because the conditions for gold to surge higher in the weeks ahead are favorable. For now, Dan updates the latest developments for all our open positions in the portfolio.