Jordan Roy-Byrne CMT, MFTA

The video is 12 minutes…

The gold stocks are clearly in correction mode. The large caps (HUI, GDX) have corrected 30% while the juniors (GDXJ) have held up well in comparison by correcting the same amount. Given a number of factors (the size of the previous advance, the recent technical damage, stronger US$ index and rising yields) the gold stocks … Continue reading

We look at market indicators of inflation….

From the Korelin Economics Report: Jordan Roy-Byrne, founder of TheDailyGold.com shares his technical insights on GDX and GDXJ. We dive into the weekly and monthly charts to determine where this pullback in gold stocks should reverse. The underlying assumption is that we are in a bull market but we do consider some levels that could … Continue reading

My latest comments on precious metals amid the recent carnage…

The trading month doesn’t always end on a Friday but when it does we like to take a look at the monthly charts. Generally, I prefer daily and weekly charts because they have more data points. However, monthly charts carry more significance than weekly charts which carry more significance than daily charts. You get the … Continue reading

A 5-minute video update covering gold stocks…

There were some hopes that a non-move by the Fed would end the current correction in precious metals and spark a move to new highs. Unfortunately, the Federal Reserve cannot override the supply and demand component of the market. Gold and gold stocks popped higher but less than two days later the sector (and specifically … Continue reading

The interview was conducted at the Precious Metals Summit in Beaver Creek…

A look at the CPI and its components…