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Precious Metals are moving lower under the weight of the prospect of more Fed tightening as the end of the rate hike cycle approaches. However, if the cycle is ending this summer, then there is the setup for a potential double bottom in these markets. Click Here to Learn About TheDailyGold Premium

Jordan Roy-Byrne, Founder and Editor of The Daily Gold, joins us to review the developing macroeconomic data and how that may shape the severity and timing of when larger recession will hit, and how this well affect the precious metals sector. If we see a soft landing in the near-term, pushing the recession out to … Continue reading

Higher for longer hurts precious metals in the near term as the market discounts tighter policy and higher real rates. However, higher for longer could bring rate cuts and policy easing much sooner than if the Fed stopped at 5%. If the Fed follows through on higher for longer, it could end up being a … Continue reading

Precious Metals remain very oversold on a short-term basis. Gold could drop a bit more and test strong support at $1780-$1800. From there, an oversold bounce across the sector could begin. Click Here to Learn About TheDailyGold Premium

Jordan Roy-Byrne, Founder and Editor of The Daily Gold joins us to look further out this year when he thinks a larger recession will hit. We tie this macro view over to why this will benefit the precious metals sector. Carrying over to the charts we have Jordan outline the levels he is watching for … Continue reading

Classic economic indicators such as the Leading Economic Indicators (LEIs) and Yield Curves are making a bulletproof case of a recession. Odds favor a recession hitting in the third quarter or later. The average of Gold’s performance around recessions shows an average move of about 20%. This starts from a low one to two months … Continue reading

Precious Metals have experienced a rough decline in recent weeks, but it could reverse this week. In recent days Gold, Silver and the mining indices have formed bullish hammers. Silver, GDX and GDXJ bounced from their 200-day moving averages. Gold bounced from key support at $1835. In this video we also cover potential short-term upside … Continue reading

In this lengthy discussion we analyze the conflicting signals of breadth thrusts for the stock market but inverted yield curves arguing for recession later this year. Meanwhile, Vince evaluates the potential for a soft landing and a hard landing. The conclusion is you can only kill inflation with a hard landing. Otherwise, expect inflation to … Continue reading

In this video we discuss why Gold’s cup and handle pattern remains intact and is super bullish. Gold fits the parameters of a very strong cup and handle pattern. The right side of the cup is higher than the left and the handle consolidation has retraced only 38% of the preceding advance (ex 2% of … Continue reading

The nasty reversal from a few weeks back and the prospect of higher yields could weigh on Gold and Silver in the short-term. Until the market starts to sniff out a recession and bond yields drop, Gold and Silver could remain under pressure. Key support levels are $1835 and $1790-$1800 for Gold and $20 and … Continue reading