Macro Fundamentals Take Big Step in Gold’s Favor
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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.
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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.
