Author: The Daily Gold

Gold Somewhat Ignores Dollar Weakness

Gold Somewhat Ignores Dollar Weakness by Jordan Roy-Byrne – The Daily Gold The precious metals complex rebounded as expected after becoming very oversold just a few weeks ago. The rebound has been aided by weakness in the US Dollar, which...

The Bearish Gold Bull

The Bearish Gold Bull by Jordan Roy-Byrne – The Daily Gold The Bearish Gold Bull was the title of my presentation last weekend at the Metals Investor Forum in Vancouver, British Columbia. While the title could be ascribed to me...

Gold – Targeting A Summer Low (Video)

Gold – Targeting A Summer Low Video – The Daily Gold We discuss various miner indices (including one’s we’ve developed) and their downside risk to their December lows. We cover Gold and its weekly support at $1220 and monthly support...

The Looming, Big Catalyst For Gold

The Looming, Big Catalyst For Gold by Jordan Roy-Byrne – The Daily Gold Gold bulls were hopeful that Gold could break its 6-year downtrend but recent underperformance in the gold stocks and Silver argued otherwise. Those markets have been crushed...

5 Reasons I Favor Junior Exploration Companies

5 Reasons I Favor Junior Exploration Companies by Jordan roy-Byrne – The Daily Gold I started following Gold and precious metals in 2002 and first invested in small cap and junior resource companies in 2005. Until recently I always focused...

Bearish Reversal In Gold And Silver

Bearish Reversal In Gold And Silver by Jordan Roy-Byrne – The Daily Gold Precious metals ended a quiet week with quite a reversal. Gold surged above its 200-day moving average for the first time since November, only to lose the...

Warning Signs In Precious Metals

Warning Signs In Precious Metals by Jordan Roy-Byrne – The Daily Gold Precious metals closed the first quarter with solid gains. Gold gained almost 9% while Silver gained 14%. The miners (GDX and GDXJ) gained the same amounts (9% and...

Technicals for Gold Miners Remain Weak

Technicals for Gold Miners Remain Weak by Jordan Roy-Byrne Last week we wrote that precious metals should see upside follow through but to be wary of the 200-day moving averages and February highs before becoming excited. The metals did follow...

Precious Metals and 200-Day Moving Averages

Precious Metals and 200-Day Moving Averages by Jordan Roy-Byrne The precious metals complex enjoyed a strong week mostly due to a post-Fed explosion on Wednesday. Although gold stocks sold off to end the week, they finished up almost 5% for...

Short-Term Upside, But How Much…? (Video)

Short-Term Upside, But How Much…? Video TDC Note – If you noticed the so-called “markets” ground slightly hiker at the end of last week. Sunday night at open it was continuing the same slow, slow grind higher. Always remember: until...

An Analog for the Gold Stocks Correction

An Analog for the Gold Stocks Correction by Jordan Roy-Byrne The gold stocks bounced strongly today after the February jobs report confirmed the Federal Reserve will hike interest rates next week. While precious metals rallied strongly following the previous two...

Next Catalyst for Gold (Video)

Next Catalyst for Gold Video TDC Note – Silver has been money longer than gold. As most of you know our economy is in serious trouble. Gold is money and everything else is credit. As our economies continue to falter and the lies...

Gold’s Fundamentals Strengthen

Gold’s Fundamentals Strengthen The January headline consumer price index (CPI) came in at 2.5%, which is near a 5-year high. What happened to deflation? As a result, real interest rates declined deeper into negative territory or in the case of...

Two Gold Ratios You Should Watch

Two Gold Ratios You Should Watch by Jordan Roy-Byrne As Gold and gold mining stocks approach strong resistance, we wonder if the outcome will be a sharp selloff or a period of bullish consolidation. While there are a handful of...

Corrections, Patterns, and Positioning

Precious Metals Video Update: Oversold Bounce Begins… (Video)

Precious Metals Video Update: Oversold Bounce Begins… Video Gold and gold stocks begin their much anticipated oversold, post-tax loss bounce. We provide rally targets and discuss the implications for 2017. Video Source Silver has been money longer than gold. As most...

Gold is Oversold but Broken

Gold is Oversold but Broken Last week we wrote that the 2016 bull market in Gold and gold stocks had gone off course. It had moved too far out of the historical boundaries to remain a bull market. There was...

Gold’s 2016 Bull Market Moving Off Course

Gold’s 2016 Bull Market Moving Off Course While we expected additional weakness in Gold and gold stocks (weeks ago) we did not quite expect the kind of selling the sector experienced in the wake of Donald Trump’s election victory. The...

More Weakness Ahead in Gold Stocks

More Weakness Ahead in Gold Stocks The gold stocks continue to correct their epic +150% rebound that began in January and ran into the summer. Last week it was the poor relative strength in the miners that hinted the correction...