The Daily Gold, Released on 8/7/20
More downside is needed to confirm a correction is underway, but I think that will happen soon enough.
There are a plethora of reasons the miners are going to correct.
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Nope. Lagging gold miners signaled a price smash that came on Friday. When all or most of the miners are kept down simultaneously, its an indication of how vast the manipulation is. Going into Friday, the market received a good jobs report and Trump was stalled by the democrats in issuing any new relief payments. But as it is, Trump surprised everyone on Saturday by bypassing the democrats via Executive Orders, and the free cash is flowing again. So this should be positive for gold on Monday. Who knows, what Trump just did could cause gold to pop up $50 or more. Then the short squeeze is back on. And for any that want real silver other than coins (or small bars?) such as 1000 oz bars, you can buy it now and if all goes well, it will be delivered to you sometime next year. I guess this is what you call rope a dope for those who are willing to pay and pray.
LAGGING MINERS REFLECTS EXTREME IMAGINARY COVID RISK AND SERIOUS TRUE COMING COUNTRY RISK. THE ONLY THING THAT IS SURE NOW IS GOLD AND SILVER OUT OF GROUND AND SOLIDLY AT/IN HAND.
ROY BYRNE IS AN IRISH COMEDIAN AND STORY TELLER WITH A RECORD OF 0-9 SINCE FIRST ENCOUNTERING HIM. HE IS GREAT ENTERTAINMENT. ITS LIKE HE’S A CAUGHT SLIPPERY FISH THAT ONE WANTS TO THROW BACK INTO THE WATER BUT THAT KEEPS FLOPPING AROUND IN THE BOTTOM OF THE BOAT.
CONTRARY TO WHAT IS PREDICTED IN ABOVE ARTICLE BY ROY-BYRNE..GOLD MINER STOCKS ARE NOW READY TO LIFT OFF > IN A STRONG RALLY UPWARDS. RECOMMEND THAT YOU BUY NOW…OR BE LEFT BEHIND… AGAIN TOTALLY MISSING THE MOVE AS IS USUAL FOR DAILY GOLD SUBSCRIBERS
Jordan was exactly right. Again. What the f*ck are you smoking?
Bozo the clown is now zero for ten in his last ten predictions. Listening to this guy’s podcasts is painful, because he is dumn as an ox, lacking severely in grey matter between the ears.
George what the hell are you talking about? Are you a bot? Pull up a weekly chart of GDX. The miners clearly predicted the pullback in gold and today (August 14th) GDX is on pace to end the week SIGNIFICANTLY lower than last week. This is EXACTLY what Jordan said would happen. Lay off the crack pipe or learn how to read a god damn chart.