Jordan Roy-Byrne: Gold & Silver & Miners in Correction Mode
The correction began a few weeks ago and accelerated after the election. We discuss the potential support levels for Gold & Silver and GDX and GDXJ.
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Jordan Roy-Byrne: One More Leg Higher in Gold & Silver Before Correction… Bob Hoye: Will Russian Buying Push Silver to $50?
The Daily Gold, Released on 10/11/24 The miners had a strong week as GDXJ and SILJ gained 2% on the week and Silver lost 2% and Gold gained only $8/oz.
Jordan Roy-Byrne: Why Junior Mining Mergers Are Booming Right Now
The Daily Gold, Released on 9/11/24 0:00 Intro 0:05 9-11 1:15 Recent M&A Deals 2:25 Why Booming Now 5:18 Be First 6:25 Data from 3 Takeovers 10:08 THE NEXT TAKEOVER 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 …
Jordan Roy-Byrne: Stocks are not an inflation hedge
Stocks are not an inflation hedge. The mainstream will continue to champion stocks during the next round of inflation. Stocks did rise in the first round of inflation from early to late 1960s. And they did again this time. But they are cooked if inflation continues. The… https://t.co/bZCy6wbgdd pic.twitter.com/TV9LKdhWNO — Jordan Roy-Byrne CMT, MFTA ⛏⛏ …
Jordan Roy-Byrne: Setup for Huge Rally in Gold Stocks
The Daily Gold, Released on 2/14/24 Gold stocks are approaching extremely oversold levels and their valuations are near all-time lows. Sentiment is in the toilet. The common denominator behind the biggest rebounds in the gold stocks (as seen in 2008, 2016 and 2020) was the big move in Gold each time. If Gold makes a …
Jordan Roy-Byrne: Gold & Silver Need to Hold These Levels
The Daily Gold, Released on 2/4/24 Gold has important short-term support at $2000 and Silver does at $22. If the metals lose those levels then there could be more selling. However, it could setup a significant low before the spring. Gold in a vacuum looks incredible technically. However, Gold against the Stock Market is at …
Jordan Roy-Byrne: Gold Still in Position for Breakout
The Daily Gold, Released on 10/31/23 Gold closed October at $1994, failing to close above monthly resistance at $2000. Monthly and quarterly resistance remain at $2000, while yearly resistance remains at $1900. Should Gold close at $2010 or higher on December 31 then it will make a new yearly, quarterly and monthly high. Thai central …
Jordan Roy-Byrne: It is Risky to be Out of Gold Market Now
Guest Post by Jordan Roy-Byrne at thedailygold.com: Gold is on the cusp of a major breakout from its super-bullish cup and handle pattern. The measured upside target is $3000/oz, and the log target is roughly $4000/oz. These targets may sound extreme, but breakouts from multi-decade bases are rare but very bullish. Furthermore, a breakout from …