The Daily Gold, Released on 6/15/24 Gold closed up 1% this week while Silver gained slightly and miners were down. Gold & Silver remain in correction mode. Gold is outperforming Silver. The key question next week and beyond is if Gold will continue to hold $2300 or not. We discuss support levels should Gold lose […]
The Daily Gold, Released on 6/7/24 Precious Metals were slammed on Friday. Gold lost over 3% while Silver lost nearly 7% and the miners were down ~7%. We evaluate the recent action and the key support levels and downside targets for Gold, Silver & GDX, GDXJ, and SILJ. Jordan Roy-Byrne, CMT is a Chartered […]
The Daily Gold, Released on 6/5/24 (Recorded on 6/3/24) Dr. Marc Faber, editor and publisher of the Gloom Boom Doom Report joins us to discuss the US stock market, the new Gold bull market, trajectory of interest rates and inflation and Silver. Marc derides US politicians and the voting public, says the stock market will […]
The Daily Gold, Released on 6/2/24 (Recorded on 6/1/24) Vince and Jordan recap May by talking about the economy and Gold against the 60/40 portfolio and the stock market. Vince covers the investment banks who are expecting rate cuts over the coming months, India’s massive Gold buying in Q1 and the increased buying from BRICS […]
The Daily Gold, Released on 5/29/24 There is a history of precious metals diverging from the stock market and it has occurred during stagflation and around the start of secular bear markets in stocks. The Gold to 60/40 total return portfolio ratio provided secular confirmation of bull markets in Gold in 1972 and 2002. This […]
The KE Report, Released on 5/29/24 Jordan Roy-Byrne, CMT, MFTA and Editor of The Daily Gold, joins us to share his technical outlook on silver and why the technical breakout above $30 can continue to run red hot and stay overbought on the charts. He notes that there could be near-term overhead resistance at the […]
The Daily Gold, Released on 5/27/24 We cover Silver’s performance following the breakouts and impulsive advances of the last 55 years. There are a total of 8 to 10 depending on how you measure. History shows that once Silver breaks out and starts moving, it rarely corrects to the 100-day moving average. It remains overbought […]
The Daily Gold, Released on 5/24/24 Gold reversed lower after a false new high, losing 3% on the week. Silver and the miners held up better, losing 2.5% and 3%-4% respectively. In this video we discuss downside targets and support levels in Gold, Silver and the miners. Jordan Roy-Byrne, CMT is a Chartered Market Technician […]