The Korelin Economics Report, Released on 3/1/23
Jordan Roy-Byrne, Founder and Editor of The Daily Gold, joins us to review the developing macroeconomic data and how that may shape the severity and timing of when larger recession will hit, and how this well affect the precious metals sector. If we see a soft landing in the near-term, pushing the recession out to 2024, then this would prolong the breakout of a true secular bull market in gold, and PM mining stocks. Since another key part of the equation for gold to confirm a true bull market in real terms, is for the eventual divergence from the general US equity markets, we also get Jordan’s technical outlook and thoughts on how the general equities are currently setting up for the medium-term.
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.