Jordan Roy-Byrne
Author, CMT, and Editor @ 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 Premium, a 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.
Jordan Roy-Byrne Articles
Bitcoin, the granddaddy of crypto is in a bear market. And what happened the last couple times Bitcoin was in a bear market? Well, you had a 76% decline here and an 84% decline here. In this video Jordan shows how this will benefit gold.
Have gold and silver already made the low in price for this correction? Were my expectations wrong? Well, my friend, Professor Vince Lanci is going to set me straight.
The truth about gold that nobody is telling you that gold can consolidate for months and months. It can consolidate and correct through the winter and even into the spring. No, we aren't about to see gold go parabolic like 1979, or silver...
The first thing to look for is gold will bottom around the 200-day moving average. It might bottom at the 200-day, exactly. A little bit above at the 150-day or the 170-day or it could go a little bit below the 200-day moving average. So...
If you are a raging bull and you think there's only going to be a small correction for a month or so, you're not ready for it because it could last much longer than that. Let me tell you why.
Most people and most analysis and research that I see is stuck in the 2000 to 2022 23 time frame, the last 25 years or so. That's what people are looking at when they're comparing gold and silver at present to the past.
Gold has only had three major breakouts in its history. So, it's only corrected three times after a major breakout. And that's where we are here and now. That's the very big picture of the gold market. We are having our first big post...
Gold, silver, and the miners were absolutely crushed on Friday. Did they just make the long awaited peak? I think so.
We have gold right around $4,200 an ounce. Silver is at $53 an ounce. And for our end of the month recap, we have Vince Lanci from Echo Bay Partners.
The action in the miners and juniors is telling us that this spectacular move that we've had is about to come to an end and we're going to see weakness and consolidation over the coming weeks and months.
