first majestic silver

3 Reasons Why Gold is Holding Up Well - Video

Author, CMT, and Editor @ The Daily Gold
June 27, 2023

It does not feel like Gold has held up well due to the poor performance of Silver, miners and juniors. But after the second sharpest Fed tightening cycle of the last 45 years and sharp increase in real interest rates, Gold is only 7% from its all time high. In the video we discuss three reasons Gold is holding up well.

The Daily Gold

********

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.


The world’s gold supply increases by 2,600 tons per year versus the U.S. steel production of 11,000 tons per hour.
Top 5 Best Gold IRA Companies

Gold Eagle twitter                Like Gold Eagle on Facebook