Jordan Roy-Byrne

Jordan Roy-Byrne

Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association. He is the publisher and editor of TheDailyGold Premiuma publication which emphasizes market timing and stock selection, as well as TheDailyGold Global, an add-on service for subscribers which covers global capital markets. He is also the author of the 2015 book, The Coming Renewal of Gold’s Secular Bull Market which is available for free. TheDailyGold.com was recently named one of the top 50 Investment Blogs by DailyReckoning and WalletHub.

The fundamental drivers for gold and the US Dollar are similar and that is why they typically trend together. Negative and/or falling real rates drive gold and the same drives the greenback though with respect to differentials between the other competing currencies. Whe
Despite the insistence of some, precious metals have not been in a bull market. After a big pop at the start of 2016, the sector has trended lower. Sure, gold has traded up towards a major breakout but Silver and the gold stocks have trended lower. When the US Dollar co
Gold failed to breakout in the spring and recently lost weekly support at $1310. Meanwhile, the gold stocks have held up well in recent weeks (considering gold), but still have much to prove. Silver couldn’t rally much when its net speculative position was at an all-tim
Last week we discussed the fundamentals of gold, which do not appear bullish at the moment. Real rates (and yields) are rising and investment demand for gold is flat. That in itself is a temporary but big missing link. However, we are referring to the missing link in th
Ask some gold bugs why gold has not broken out yet and you will probably get the usual answers. Some will say it's due to manipulation or price suppression. Others will mention the current rally in the US Dollar (while neglecting that the previous decline in the greenba
It was music to gold bug ears. We’ve all heard the seemingly shocking or outrageous price targets for gold. So it’s not new. But this time from a non gold pusher. Someone with credibility in the larger financial world and a track record to boot.
It was an interesting week in the precious metals complex. There appeared to be the start of a short squeeze in Silver (hedge funds were heavily short) but it ceased at important resistance. Meanwhile, Gold closed the week on a weak note, losing $1340-$1350. The gold st
A few weeks ago we wrote that it may not be gold’s time yet but a few recent developments suggest its time could be sooner than we anticipated. Although gold failed to breakout last week, we should note the positive action in the miners. Over the past seven trading days
Readers know that I have beaten this drum all too often. Gold’s major fundamental driver is declining or negative real rates. There is a strong inverse correlation because Gold is money. That’s what JP Morgan said and he’s far more qualified to understand than quotable
Last week we noted that gold’s quarterly close would be a key marker for gold’s immediate breakout potential. Gold was seemingly on course for its highest quarterly close since 2012 until it reversed back below quarterly resistance at $1330/oz. Hence, an imminent break

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