The Daily Gold, Released on 10/2/24
Vince Lanci details the current buyers and sellers in the Gold market, the shifts in demand, the election risk to Gold and when Gold buyers will become Silver buyers. Jordan analyzes the monthly and quarterly close in Silver.
0:00 Intro
0:40 Gold Rallying Through Sell Season
11:20 Election Selling
15:20 Macro Traders Will Sell
17:15 Same Drivers of Gold vs. New Drivers
28:45 Gold & Silver Monthly & Quarterly Technicals
32:30 Silver Key Numbers
42:00 Jordan’s Gold Suit
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.