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
If we want to know where gold is going we should follow gold. Right? How about following gold stocks? At times, they lead gold. What about the US Dollar? Wrong! In 2019, one market more than any other will impact gold.
In recent days we’ve seen the beginnings of an inversion in the yield curve. The 2-year yield and the 5-year yield have inverted but not yet the 2-year yield and the 10-year yield, the curve that is watched most. However, “2s and 10s” as...
Recent market and economic developments are positive for gold and precious metals but conditions are not bullish yet. Bullish conditions and bullish fundamentals would be highlighted by a shift in Fed policy. They aren’t shifting yet. They...
It is very difficult to pick exact bottoms but there are many tools we can use to help us pinpoint potential bottoms. You don’t hear technical analysts talk about fundamentals but we do for a reason. Major shifts in the primary trend are...
The recent weakness in Gold and gold mining stocks is not over. In fact, we are worried about another leg down getting underway. If that comes to pass, we are positioned to profit from it. But I digress.
It has been a rough year for gold stock investors. Since gold failed to break to the upside and the US Dollar bottomed, gold stocks have been in a strong downtrend. In September they hit two and a half year lows.
The US$ index is breaking higher. It’s trading at 96.41 as we pen this. A daily close above 96.61 marks a new 52-week high and puts the dollar in position to eventually retest its bull market high at 104. If this strength continues then...
It’s no secret that gold mining stocks are historically cheap and have been for several years. Traditional metrics like price to cash flow and price to book value showed that gold stocks in late 2015 were at arguably their cheapest points...
Gold has struggled to rebound despite an extreme oversold condition and extreme bearish sentiment. Nevertheless, conditions for Gold have not worsened in recent days. In fact, Gold as well as gold stocks appear to be basing for a potential...
Gold stocks failed to breakout in the spring and then brokedown to multi-year lows by September. As autumn beckons, the precious metals sector at large is very oversold and could be starting a rebound. However, the fundamentals are not yet...
