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
We analyze some macro factors that determine gold stock performance and if and when they outperform Gold.
Under the global fiat currency regime, there have been two secular bull markets in precious metals: 1970 to 1980 and 2001 to 2011. The gains in the 1970s were far more dramatic than in the 2000s.
Gold is in position to outperform everything. If it breaks out against stocks then its a signal that all macro outcomes are good for Gold.
As the stock market sold off, gold mining stocks pulled back from resistance, and Silver fell below the critical $29/oz level. Growing recessionary fears, stock market weakness, and the specter of the 2008 Boogeyman pressured the sector...
I'm going to talk about why junior mining is really starting to heat up right now, as we have three big deals in just the last month to go over.
Fundamentals for Gold and gold stocks are quietly strengthening as odds of a major slowdown or recession are rising. Expect fundamentals to be strongest in 2025.
Gold declined by only $3 but Silver declined 3% and the miners lost 6%-10%. There is technical damage but Gold relative to equities is approaching another critical test that could confirm a new secular bull market.
The Sahm Rule recession indicator has been triggered. The yield curve (2s and 10s) has finally un-inverted, which, if it steepens aggressively, is a sure-fire recession signal. Out come the tweets and subscriber emails about buying gold...
Gold continues to trend sideways against the 60/40 portfolio. But that could change over the months ahead.
Vince Lanci provides reasons why Gold might selloff in the next week or two but otherwise is in excellent standing. We discuss the recent margin changes for Gold & Silver, what could transpire after the first rate cut and more.
