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Forced Selling & Low Valuations in Miners, Juniors
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We update the secular trends and show with history how the new secular bear market in bonds likely leads to a secular bear market in stocks and then last, the US Dollar. Click Here to Learn About TheDailyGold Premium
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It was a rough week for precious metals as Gold lost 3%, Silver 4% and the miners shed over 7%. The bullish inverse head and shoulders patterns in the mining indices failed as Gold & Silver were sold throughout the week. In this video we analyze the recent price action and note support levels. Click … Continue reading
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Jordan Roy-Byrne, Founder and Editor of The Daily Gold joins us to discuss the outlook for gold and silver stocks, by sharing potential lower levels for GDX and GDXJ. We dive into how he is viewing smaller scale production companies, development companies and junior exploration stocks. Jordan outlines why you need to be very careful … Continue reading
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Brent Johnson of Santiago Capital and the Milkshake Theory joins us to provide his latest thoughts on Gold, the US Dollar, and the factors driving current trends. The main takeaway is that the dollar remains in an uptrend and that the prospects of the dollar and Gold rising together soon are increasing. Click Here to … Continue reading
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Gold closed October at $1994, failing to close above monthly resistance at $2000. Monthly and quarterly resistance remain at $2000, while yearly resistance remains at $1900. Should Gold close at $2010 or higher on December 31 then it will make a new yearly, quarterly and monthly high. Click Here to Learn About TheDailyGold Premium
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Click Here to Learn About TheDailyGold Premium