The Daily Gold, Released on 2/21/24
Gold trended higher from 2016 to 2020 and has consolidated around its all-time highs. However, it is not yet in a secular bull market because it is struggling to outperform the 60/40 conventional investment portfolio.
Intro 0:00
Gold vs. 60/40 Portfolio 0:15
Gold vs. Monetary Base 4:50
Gold vs. S&P 500 6:17
Gold Chart & Summary 7:01
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 for the sophisticated investor, as well as TheDailyGold Global, an add-on service for subscribers which covers global capital markets.
Jordan Roy-Byrne: Gold’s Secular Bull Market has Not Started added by Herman James on
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I rarely follow charts or technical analyses, but this was to the point. Nice job!