The Daily Gold, Released on 7/31/24
Vince Lanci discusses why Gold could start to pull away, the current drivers in Silver and why Silver’s price action could be a tell for Gold’s upside potential.
0:00 Intro
0:30 July Recap
4:35 Gold & Silver Monthly Candles
10:30 Gold & Stock Market Weakness Evolution
16:30 Context of Bearish Candles
18:00 Silver
27:10 Silver Fundamentals
34:20 Fundamental Positive Driver for Silver
40:20 Gold & Silver Charts
Vince Lanci is Managing Partner at Echobay Partners LLC. Vince founded Echobay after a profitable career running CiS Options and Berard Capital. The firm is a vehicle for expressing his and “friends and family” personal investment ideas. Echobay also consults on market structure, risk management, and legal cases involving fraud in markets. Vince is also a regular contribute to ZeroHedge.com
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.