Jordan Roy-Byrne

Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association. He is the publisher and editor of TheDailyGold Premiuma publication which emphasizes market timing and stock selection, as well as TheDailyGold Global, an add-on service for subscribers which covers global capital markets. He is also the author of the 2015 book, The Coming Renewal of Gold’s Secular Bull Market which is available for free. TheDailyGold.com was recently named one of the top 50 Investment Blogs by DailyReckoning and WalletHub.

Articles by Jordan Roy-Byrne

Gold and gold stocks have rallied as expected and the consolidation in the miners in recent days looks bullish. GDX and GDXJ have digested the recent recovery quite well as gold is testing resistance around $1200/oz. While the price action...
Although we expected a rally in the gold mining sector, we have been surprised by its strength and recent buying pressure. From the lowest ticks, Gold has rallied less than 6% but GDX has gained 25% and GDXJ has soared 36%. This rebound...
Gold has suffered recently in the wake of higher real interest rates, while thanks to higher yields the US Dollar Index has reached a 14-year high. Stronger real rates hurt gold. However, so does a stronger US Dollar, which remains the...
Gold and gold mining stocks were setting up for a rebound until the market suddenly priced in tighter policy from the Federal Reserve. Both nominal and real yields surged and that pushed an already oversold sector below key support.
Gold and gold mining stocks have been very oversold…but have struggled to rally. The sector looked to be starting a rebound until Friday’s decline which pushed gold to a new low. However, positive divergences remain in place as gold stocks...
Last week we wrote that gold was broken but noted the oversold condition in the precious metals sector as well as the relative strength in the gold stocks. At one moment last week, the gold stocks were trading above where they were in mid-...
Last week we wrote that the 2016 bull market in gold and gold stocks had gone off course. It had moved too far out of the historical boundaries to remain a bull market. There was also other evidence of such including, but not limited to...
While we expected additional weakness in gold and gold stocks (weeks ago) we did not quite expect the kind of selling the sector experienced in the wake of Donald Trump’s election victory. The market reacted by sending bond yields...
The gold stocks continue to correct their epic +150% rebound that began in January and ran into the summer. Last week it was the poor relative strength in the miners that hinted the correction had more to go in both time and price. This...
You have heard it before from us and probably elsewhere: The miners lead Gold. We have seen this every major turn dating back 16 years and it can also be the case with respect to short and medium term trends. While the precious metals...

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China is the world’s biggest gold producer with more than 355 tons annually. Australia is second.