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
Vince Lanci discusses most recent technical action in Gold & Silver, the return of big money macro buyers in recent days, and his buying more GDX on the back of the breakout in the advance/decline line.
If Gold and Silver continue to hold $2290 and $29, then there is a good chance of fireworks in the second half of 2024.
History will reflect on Gold’s breakout in March from a 13-year cup and handle pattern as extremely significant and the major turning point for a new secular bull market in precious metals.
There was no big dump or big buying into month end or quarter end for Gold and Silver. The metals and miners remain in correction mode and we require more evidence to give better probability to how the correction plays out and where the...
The technical setup of Gold & Silver is similar to the one that preceded the huge gains in the 1970s.
Gold has made six major breakouts since the end of the Gold Standard in 1971. Only two of the breakouts retested the breakout. Those two were the two previous breakouts to new all-time highs: 1978 and 2009.
Latest whipsaws in Gold cloud prognosis into next week and the end of month and end of the quarter.
Rick Rule provides some history lessons on juniors in the 1960s and 1970s and shares his current thoughts on developers, producers and explorers.
The Gold price against the US Monetary Base and the percentage backing of our current Gold reserves (at the current market price) shows how far cheap Gold is compared to levels of the last bull market.
The steepening in the yield curve from inversion to above 0 is the best indicator of an imminent recession. The decline in the 2-year yield relative to the Fed Funds rate usually precedes the start of rate cuts, which is bearish for the...