Wall St. For Main St., Released on 1/28/25
Jordan’s new book: https://thedailygold.com/book
During this 40+ minute interview, Jordan talks about how gold is holding up well despite relative strength in the US Dollar and bond yields in longer duration US Treasury bonds starting to rise. Jason asks Jordan about the current macro environment and how there are both “Risk Off” and also “Risk On” cross currents happening at the same time. Jordan talks about how gold prices will probably consolidate over the next 6-12 months before the next big leg up to over $3,000. Jordan would like to see a 20% correction in gold prices before the price moves well above $3,000 to $3,500/oz or higher. Jason asks Jordan about why gold mining stocks like Barrick Gold, Newmont Mining and the GDX (Gold Miner ETF) have drastically under performed the gold price. Jordan talks about which types of gold mining stocks will do well at the current price.
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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 for the sophisticated investor, as well as TheDailyGold Global, an add-on service for subscribers which covers global capital markets. His latest book is Gold & Silver: The Greatest Bull Market has Begun.
Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St to try to help the people of Main Street by teaching them the knowledge, skills, research methods, and investing expertise of Wall Street.