WARNING: If You Own Gold or Silver, Watch This

Author, CMT, and Editor @ The Daily Gold
February 16, 2026

Precious metals markets made a huge move higher and are now in an intermediate term correction, which after some more selling, potentially could evolve into a consolidation  and later a bullish consolidation. So, I know that extreme views always come to the forefront. Gold's going to 6,000, and silver's going to 200 in the next couple months or the bull market is over.

The Daily Gold

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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.

It is estimated that the total amount of gold mined up to the end of 2011 is approximately 166,000 tonnes.
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