Jordan Roy-Byrne CMT, MFTA

Posted on

Gold Set to Correct but Internals Remain Bullish

Last week we wrote that near-term risk in precious metals (Gold and GDX especially) was rising and a correction could begin soon.  As Gold nearly reached major resistance at $1550/oz, the miners already began to correct. That negative divergence is an ominous signal for the sector in the short term. However, the good news is, … Continue reading

Posted on

TheDailyGold Premium Update #635

The 17 page premium update was published and emailed to subscribers early Sunday AM. The update includes a new report on one of our favorite companies, which has 5-bagger potential over the next 12 months, as well as a lengthy Q&A section in which we found a new name to add to our watch list.

Posted on

Interview: Gold Stocks Lagging Gold Now

Jordan Roy-Byrne, Founder of the Daily Gold joins me to share his thoughts on how the gold stocks are reacting compared to some other highly correlated markets. There is good reason for a correction in gold and the stocks are telling us that however this run just keeps on going. Remember a correction would be … Continue reading

Posted on

Near Term Risk In Gold is Increasing

Last week was another strong one for the precious metals sector.  Gold gained a whopping $51/oz or 3.5%. The gold stocks (GDX, GDXJ) advanced by roughly 6%. Silver gained 4%. Momentum in the sector began to build once Gold surpassed resistance at $1420-$1425/oz. We had noted the lack of resistance from $1425 to $1525-$1550/oz.  Gold … Continue reading

Posted on

TheDailyGold Premium Update #634

The 19-page update was published and emailed to subscribers Saturday evening, US time. In the update we present our short-term outlook for the sector as well as risks and opportunities.

Posted on

Interview: Significant Technical Developments

Jordan Roy-Byrne, Founder of The Daily Gold joins me today to share some of the charts he thinks are the most important for gold investors. Gold against foreign currencies is at an all time high but look at where gold is against the USD. There’s a big disconnect there. Also the trend of gold moving … Continue reading

  • As seen on: