first majestic silver

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 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.

Jordan Roy-Byrne Articles

A month ago we noted that the gold stocks were headed lower and to a potential double bottom that would create another great buying opportunity. After seven straight weeks of price declines, the gold stocks rebounded last week and are off...
Mark Twain said history doesn’t repeat itself but it rhymes. We often see that in the capital markets. The big decline in Gold this year is reminiscent of that of 1975-1976. Yet, aside from that there are several other similarities between...
We’ve discussed the negative correlation between precious metals and the stock market. It has now been in place for over two years. Since September 2, 2011, the HUI Gold Bugs Index is down 64% while the S&P 500 has gained 43%. Silver...
In our last editorial ( http://www.gold-eagle.com/article/historic-buying-opportunity-coming-gol... ) we pointed out how the gold stocks had veered off the recovery course. They fell well below the recovery template and fell below their 50...
Recently we’ve been writing that another opportunity is coming to buy gold stocks. While this is still the case, the facts have changed and we have to tweak our view. The evidence argues that the mining stocks are now likely to retest...
Last week we wrote: “Technically, the gold stocks continue to follow a typical post-bottom rebound path and look very strong. The daily RSI of GDX is at a 10-month high as GDX consolidates around $30. We’d love to see GDX consolidate for...
With recoveries come questions. Will this last? Is this just setting up a bigger decline? The current recovery in the gold stocks has been both strong and broad based. It has occurred at a time when the stock market seems vulnerable. The...
All aboard and back up the truck. The recovery train is soon to leave the station for higher prices!  Obviously, the ideal time for that would have been at the exact bottom. Hours before that bottom we penned an article titled, Epic...
In our last editorial we presented bullet-proof evidence (https://www.gold-eagle.com/article/chart-signaled-bottom )  that the gold stocks had put in a major bottom. We included a historical chart that was supplemented by a major reversal...
Some readers may be sick of seeing this chart but I believe there is no more important chart when assessing or describing the current market (in gold stocks). From a weekly price perspective the recent bear market labeled E finished down...

The California Gold Rush began on January 24, 1848 when gold was found by James W. Marshall at Sutter's Mill in Coloma.

Gold Eagle twitter                Like Gold Eagle on Facebook