For the data enthusiasts, we have your man. Jordan Roy-Byrne is editor and publisher of TheDailyGold, and he and Brien Lundin seek to make sense of a litany of numbers as they relate to both straight gold prices and the values of junior mining companies.
Both advise to not get too tied up in day-to-day fluctuations, particularly those that stem from geopolitical machinations. They place more emphasis on moving averages and long-term actions of the Federal Reserve. In other words, the more the Fed inflates away the US dollar with negative real interest rates, the more gold will benefit as a safe haven from wealth confiscation, the inflation tax.
Source:: The Daily Gold