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
Gold finally pulls away from resistance at $2400-$2500, dragging Silver up to major resistance at $29, while miners gain 7%-10% on the week.
This video covers these 5 charts: The 60/40 PF vs. Gold, Silver vs the 60/40 PF, Gold Stocks vs. the 60/40 PF, the 60/40 PF vs CPI and Gold vs. a 60/40 fund.
Gary Tanashian, editor and publisher of NFTRH thinks the fundamentals for gold mining companies are the best in 20 years.
Gold was fractionally higher this week as Silver lost 3%. The miners lost 2%-5%. Big early week weakness was bought and Silver & silver stocks bounced at their 200-day moving averages.
With the rising risk of a recession and bear market and ensuing volatility impacting all asset classes, here are the five charts Gold investors should follow.
Gold and precious metals have performed well over the last few years. Central bank demand, De-dollarization, and other foreign sources of demand pushed Gold to break out of its 13-year cup and handle pattern.
Robert Sinn, @GoldfingerCapital & @CEOTechnician shares his outlook for Gold over the coming months. He also discusses Silver and the stock market.
Precious Metals selloff to end the week and it was led by Silver and silver stocks. The yield curve is steepening and warning of a recession. That is exactly when Gold usually begins to outperform the stock market.
Vince Lanci discusses why Gold could start to pull away, the current drivers in Silver and why Silver’s price action could be a tell for Gold’s upside potential.
Silver continues to lead the sector lower with another 4% decline on the week. Gold declined by 1%. The gold and silver stocks are acting reasonably well considering the technical damage in Gold & Silver.
