Forced Selling & Low Valuations in Miners, Juniors

Jordan Roy-Byrne, Founder and Editor of The Daily Gold, joins us review his bigger picture technical and macro outlook for gold, silver, and the precious metals mining stocks, in relation to how they are moving relative to US general equity markets. We spend some time breaking down this intermarket analysis for a secular precious metals bull happening in tandem with a broader market secular bear market is rooted in factual evidence from a number of prior periods.

Next we dive down into the disconnect in valuations he is seeing comparing a number of factors in PM stocks on a fundamental basis, and lately as a result to fund redemption selling. Lastly he addresses the misconceptions and nuances around the often muttered comment that “technical analysis doesn’t work for junior mining stocks.”

The Daily Gold

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