The Daily Gold, Released on 8/2/24
Precious Metals selloff to end the week and it was led by Silver and silver stocks. The yield curve is steepening and warning of a recession. That is exactly when Gold usually begins to outperform the stock market.
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.