Gold is up by $11.30 this morning to $1,740.1 per oz. Gold has now rallied by $66.80 since bottoming one month ago at $1,673.30 per oz. NIA is 100% confident that gold is resuming its cyclical bull market! There are only three gold stocks that NIA is extremely bullish on with its highest level of confidence: Idaho Champion Gold (CSE: ITKO) or GLDRF on the U.S. OTC, GoldMoney (TSX: XAU) or XAUMF on the U.S. OTC, and North Peak Resources (TSXV: NPR) or BTLLF on the U.S. OTC.
Similar to how we consistently described Voyager Digital (CSE: VYGR) as the #1 highest quality publicly traded Crypto company, XAU is the #1 highest quality publicly traded gold company on any exchange anywhere in the world. Similar to how we accurately predicted on December 21, 2020 that CurrencyWorks (TSXV: CWRK) would become the #1 largest gaining publicly traded Crypto company, NPR is likely to become our next 10-20 bagger gold pick but it may take up to 6-12 months for NPR to make its full initial rally.
ITKO has the most momentum at this exact moment and is our #1 favorite gold pick for the immediate short-term future because ITKO is getting ready to break through its most important key breakout point its 200-day moving average of $0.23 per share! Although ITKO dipped yesterday on a weak day for gold... ITKO's profit takers are gone and its 14-day relative strength index (RSI) has returned back down to an extremely healthy 57.41, which means ITKO has massive upside prior to it becoming overbought!
ITKO last broke through its 200-day moving average exactly one year ago today! As soon as ITKO surpassed its 200-DMA key breakout point on April 6, 2020 it immediately exploded by an additional 36.36% during that same day and continued rallying for an additional four straight trading days! Ultimately, ITKO peaked in May 2020 at a price that was 4X above its key breakout point!
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA has received total compensation from ITKO of USD$60,000 cash including USD$30,000 cash for a new six-month marketing contract. NIA's President has purchased 200,000 shares of NPR in the open market. He intends to sell these shares in the future for a profit. NIA's President has purchased 45,000 shares of XAU in the open market. He intends to sell these shares in the future for a profit. NIA has received compensation from VYGR of USD$60,000 cash for a one-year marketing contract. NIA has not been compensated for CWRK but the Chairman of CWRK is also the Chairman of DFLY and NIA received compensation from DFLY of USD$30,000 cash for a six-month marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.