Jordan Roy-Byrne CMT, MFTA

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Gold Stocks Showing Strong Breadth

This chart from ShortSideofLong plots the HUI and the percentage of its stocks trading above the 200-day moving average. Breadth by this statistic is the highest since late 2011. It’s a good sign for the potential of the gold stocks to breakout soon.     Source: SentimenTrader (edited by Short Side of Long)

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TheDailyGold Podcast: David Morgan

Dave Morgan, editor and published of the Morgan Report discusses Gold, Silver and the bottoming process for the sector. We also discuss the leadership the mining stocks as well as the COT.  

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Miners Next Move: Breakout or Breakdown?

We’ve been very bullish on the miners since January but became concerned recently with the poor technical action in the metals (specifically Gold). Last month the mining indices were very close to a major breakout yet couldn’t punch through. This signaled that Gold could begin a deeper decline and the miners would be vulnerable. However, … Continue reading

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TheDailyGold Podcast: Erik Townsend

New guest Erik Townsend is a successful software entrepreneur who is now a hedge fund manager. Eric discusses his short-term and long-term outlook for Gold as well as the factors driving current and future trends.   Follow Erik’s work at his website.  

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