Jordan Roy-Byrne CMT, MFTA

Gold and Silver especially closed the week higher, with Silver surging to above $31/oz while Gold closed at a weekly higher high, above $2400/oz.   Gold is building on its cup and handle breakout, which has a measured upside target of $2900-$3000/oz.   Silver is gaining strength after breaking resistance at $29-$30/oz. This is … Continue reading

We evaluate the two comparisons for the present based on the historical price action and standing of a number of markets. These include the S&P 500, the Bond Market, Gold, Silver, Gold Stocks and CPI. Click Here to Learn About TheDailyGold Premium

Silver has broken out to a new daily 11-year high. The next strong target and resistance is $34-$35. The Gold/Silver ratio has lost trendline support. It closed at 80 with immediate downside target of 75 and later, 65 where there is major support. Click Here to Learn About TheDailyGold Premium

The miners continue to lead the metals as they start to break above their April highs while Gold & Silver remain below those highs. Silver is getting ready to outperform Gold. Click Here to Learn About TheDailyGold Premium

Gold is only two months into a 13-year breakout while the inflation-adjusted Gold price, an indicator for gold stocks, is approaching a breakout from a 45-year base. Gold stock valuations are at very low levels and could double during this cyclical bull market. The bull market in precious metals will accelerate when the stock market … Continue reading

After the introduction of Gold and Silver ETFs and a 13-year secular bear market, everyone knows gold miners suck. Just ask Hugh Hendry.   But the truth is far more nuanced.   Here is almost everything you need to know, divided into a list.     1) Gold Stocks are Options on the Gold … Continue reading

Patrick Vierra from SBTV spoke with CMT, MFTA Jordan Roy-Byrne from The Daily Gold. Jordan goes over the new support levels for gold and how the 50 day moving average plays a role in the recent pullback with precious metals. However, despite the pullback Jordan let’s us know how gold is going to go higher, … Continue reading