By Cory The Discrepancy Between PM and PM Stocks
Jordan Roy-Byrne, Founder and Editor of The Daily Gold joins me today to shares his thoughts on the continued discrepancy between precious metals (especially gold) and the underlying stocks. With gold up 10% year to date you would expect the stocks to be up even more rather than flat for the year – as judged by GDX. Add in the recent short term lower low in GDX, it is hard to get excited int he near term. We also look at how gold is preforming compared to foreign currencies. Overall this is a better market for PMs but the going is still tough.
Click here to visit Jordan’s site for more PM commentary.
Download audio file (2017_11_08-Jordan-Roy-Byrne.mp3)
Source:: The Korelin Economics Report
The post Jordan Roy-Byrne – Techncial Commentary – Wed 8 Nov, 2017 appeared first on Junior Mining Analyst.