Media

A breadth thrust is a sudden burst of strong participation that follows a downtrend or bear market. For GDX we measure the breadth thrusts on a 15 and 25 day basis. Two breadth thrusts have been triggered in the last 11 years. It appears the 15-day thrust could trigger in a few days and the … Continue reading

In this video we note the time it takes Gold to breakout after a Fed rate hike cycle. We look at the past 5 rate hike cycles. We mark the peak in Gold around the start of the rate hike cycle and then the time it takes Gold to surpass that high. If Gold were … Continue reading

Gold closed the week just below weekly resistance at $1985. Silver closed the week up 4% to $23.34. Silver faces resistance at $24.50 and $26.00. Should Gold close above $2000 then it would have upside to $2070-$2090 and that should pull Silver close to $26. Next Friday marks the end of the month and the … Continue reading

Jordan Roy-Byrne, Founder and Editor of The Daily Gold, joins us to share his technical and macro outlook for the precious metals sector, with a key technical factor to watch being what price gold closes this month and quarter. A close above $1953 in March would be the highest quarterly close on record, and a … Continue reading

Gold closed last week at $1974. The key resistance level for Gold on a daily and weekly basis is $1950 to $1985. There is also monthly and quarterly resistance at $1953. A weekly close above $1985 would mark the second highest weekly close ever. Click Here to Learn About TheDailyGold Premium    

Gold closed the week at $1973, surpassing key resistance at $1950. Gold also closed at a fresh all time high against the dollar foreign currency basket and at a 2-year high against the stock market. In this video Vince and Jordan discuss the key drivers for this move, the key levels moving forward, Silver and … Continue reading

There is a commodity performance cycle. As a downturn begins, commodities weaken and Gold begins to perform well in real terms. When central banks are forced to print and the government is forced to spend, Gold and Silver perform best. As the economy recovers and inflation expectations rise, commodities as a group begin to outperform … Continue reading

Jordan Roy-Byrne, Founder and Editor of The Daily Gold, joins us to share his technical and macro outlook for gold, silver, and the PM mining stocks now that we’ve seen a bump in precious metals sector on the back of the recent banking concerns continuing to roil markets.  One of the key takeaways Jordan has … Continue reading

The 3 things to watch this week are Gold’s weekly/monthly resistance at $1950 and Gold’s potential breakouts against the stock market and foreign currencies. Gold against the stock market and Gold against foreign currencies typically lead the Gold price. Breakouts in those two ratios would imply Gold can break above $1950 in the short-term and … Continue reading

The stock market is threatening to roll over again and break its critical 40-month moving average. Cracks in the banking stocks are starting to appear and could spread to other sectors of the economy. Tight Fed policy has not yet to begun the damage economy as it could over the coming months. Click Here to … Continue reading