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
The trends in Debt to GDP, Net Interest on the Debt and the budget deficit necessitate yield curve control and debt monetization in the next few years. This is the major game changing catalyst for Gold.
History shows Gold is the most uncorrelated asset, even more so than Bonds. Meanwhile, Bitcoin is the most correlated asset of all time, despite proclamations to the contrary.
Gold broke out from a 13-year cup and handle pattern earlier this year to a new all-time high and advanced to $2800/oz. Silver broke out from 4-year resistance and recently reached an 11-year high, touching $35/oz.
Jared Dillian, author of multiple books and publisher of The Daily Dirtnap, remains long-term bullish on Gold and believes we will have to monetize the debt during the Trump administration, which won’t be bullish for the stock market.
Gold against the 60/40 Portfolio shows how precious metals are performing against stocks and reflects capital flows. Money is moving out of Bonds and into Stocks first and Gold as a close second.
We discuss the reasons why a secular bear market will begin sometime in the next four years. Its a commentary on the conditions, not on Trump or his policy.
Earlier this year, Gold broke out of its cup-and-handle pattern and made its biggest breakout in 50 years. It has steadily climbed higher but could be experiencing its first notable post-breakout correction.
Vince Lanci discusses the potential for increased volatility during the US Presidential Election. He says the next $200 move in Gold could be lower.
There have been quite a few breakouts this year in precious metals. None have been bigger or more significant than Gold breaking out of its 13-year cup and handle pattern and clearing $2100/oz easily.
Two new charts showing Gold & Silver’s performance after Gold breaks to a new all-time high.
