Jordan Roy-Byrne: Gold Stocks Very Oversold & Macro Picture for Gold

The Korelin Economics Report, Released on 8/25/21

Jordan Roy-Byrne, Editor & Publisher of The Daily Gold, joins us for some macro thoughts on the precious metals, and his takeaway from the recent moves in gold, silver, and the precious metals mining stocks. We discuss his in-depth market study of the 52 week highs and lows distributed across the metals and miners and what that research is telling him about the medium term trend. He continues to see the main catalysts gold needs as being either a meaningful Fed policy change or a correction in the general stock markets. We wrap up with some ideas from Jordan about how he’s trading these markets, with some interest in scaling in to the right kind of value propositions.

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.

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