The US Dollar Index has already climbed from 88 to 93. What are the other key targets? What does history tell us about the potential future outcomes?
Jordan Roy-Byrne, Founder of The Daily Gold does a great job of considering both the positive and negative factors in the metals market. In this segment we address the negative side of the things that have him a little concerned moving forward.
Gold failed at resistance Wednesday but remains in position to breakout anywhere from very soon to in the summer. Its increasing relative strength has brought it very close to a breakout. Meanwhile, the stocks are trading in tighter and tigher ranges and are set to move up aggressively and sustain it if Gold can close … Continue reading “Video: Gold & Gold Stocks are Setup for Big Runs but When?”
Jordan Roy-Byrne joins me today to outline the recent movements in gold, the USD, and treasuries. After the strong upward move by gold last week people were thinking we could finally get that breakout above the $1,360-$1,375 range. The last couple days have put an end to those thoughts and now being one day away … Continue reading “Interview: Correlations Between Gold, US$, Yields & Stock Market”
Gold closed the week at $1312 but has downside risk to $1290-$1300 with strong support at $1265. Gold Stocks have already discounted this weakness in Gold and could reach an oversold extreme over the next week or two. Click Here to Learn More About TheDailyGold Premium
With gold and gold stocks rebounding this week Jordan Roy-Byrne, Founder and Editor of TheDailyGold.com shares some nuances that he is watching. He points to the HUI gold bugs index that last week closed at a 14 month low. Combining this with gold up against the dollar but not against US stocks or foreign currencies … Continue reading “Interview: Gold Needs to Show Strength in Real Terms”
Gold has rallied back close to trendline resistance. Will it push through this time? That will depend on if Gold can breakout in real terms (against stocks, currencies) as its strength over the past year as been driven by only US$ weakness. Click Here to Learn More About & Subscribe to TheDailyGold Premium
After the recent big couple days down in the US markets there is a possibility that the gold to US stocks ratio is turning. Jordan Roy-Byrne and I look at both gold and US stocks and the drivers for each throughout this year. For a long-term investor if this ratio was to revert in favor … Continue reading “Interview: Is the Gold to Stocks Ratio Turning in Gold’s Favor?”
I talked with Jordan Roy-Byrne of TheDailyGold.com to get his take on gold investing in 2018 in the face of the wild swings we have seen in the stock market over the past three days. We saw the DOW go down over 1,000 points and luckily come back Tuesday. But gold has hung in there … Continue reading “Interview: Gold Investing In 2018 With Market Volatility Back”
Jordan Roy-Byrne joins me today to look at the monthly charts now that we are wrapping up January. We look at gold, silver and GDX. Gold is trading at the top of its recent range but GDX and silver are still stuck mostly in the middle of their ranges. Click Here to Learn More About … Continue reading “Interview with Korelin Economics Report: Recapping Monthly Close for Gold, Silver, GDX”