The update was published and emailed to subscribers at 10pm EST.
Positive divergences within a downtrend are important because they can precede a bottom and trend reversal. Our most recent editorial noted some positive divergences in the gold market. One should never make much of one trading day, but the ongoing positive divergences in the precious metals sector and Friday’s action raise the odds … Continue reading “Positive Divergences Abound in Precious Metals”
The 27-page premium update was published and emailed to subscribers Sunday early evening.
Commodity prices recently broke out to a new all time high for the first time in a decade. This is typically a signal of a new secular bull market in commodities and it coincides with a new secular bear market in stocks. Click Here to Learn About TheDailyGold Premium
Jordan Roy-Byrne, Founder and Editor of The Daily Gold joins us to share his outlook on the continued pullback in gold and PM stocks. We also discuss the macro outlook that will play into where the markets go from here. It’s all about when the markets will turn and when gold and the underlying stocks … Continue reading “Interview: Gold Update & Big Picture Look At Markets”
In this video, we look at historical performance of Gold and the stock market in order to determine when the two assets will decouple. Click Here to Learn About TheDailyGold Premium
The 27-page update was published and emailed to subscribers Sunday afternoon/evening.
Gold and Silver had rough weeks, losing 3.5% and 10% respectively while the stock market was down only some 1.5%. The CPI reading days ago reiterated that the Fed has more tightening to do and so recession concerns were mitigated, at least temporarily. In this video we discuss potential downside targets for Gold, Silver, GDX … Continue reading “Video: Gold and Silver Final Phase Declines”
Considering the surging US Dollar and the sharp rise in the real TIPS 10-year yield (which according to studies is the best correlation Gold performance) Gold has held up better than expected. Historical comparisons suggest Gold has held up better than during 2008 and much better than in 2013. Click Here to Learn About TheDailyGold … Continue reading “Video: Gold Has Held Up Well”
Although precious metals have rebounded, some consternation remains that they could be headed much lower before a major bottom. However, when one considers the fundamental backdrop, one will realize that a major turn is soon at hand. At the end of September, the S&P 500 closed below its 40-month moving average. Over the … Continue reading “Major Catalysts Building for Gold”