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Huge Upside if Gold Breakout Holds

As I pen this article, Gold is set to close the month and the quarter above $1400/oz and holding the majority of its recent gains. That does not necessitate continued strength but it is a good sign. The technicals and fundamentals are finally in place for Gold.  It is outperforming all major currencies and the … Continue reading “Huge Upside if Gold Breakout Holds”

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Interview: Gold Bull May Last 20 Years

Collin Kettell fills in for Kerem and interviews Jordan Roy-Byrne about the potential of a new bull market in gold. Jordan is not sure how long this particular move will last, but it could be a big one that lasts at least the next six months to a year. Jordan has said previously, “The market … Continue reading “Interview: Gold Bull May Last 20 Years”

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Interview: Here’s What a Bullish Correction Should Look Like

Jordan Roy-Byrne, Founder of The Daily Gold joins me to share his thoughts on what a bullish correction for gold would look like. With everyone saying gold is overbought and a correction is due the fact is that in bull markets price can continue to run and corrections are typically short term events. We discuss … Continue reading “Interview: Here’s What a Bullish Correction Should Look Like”

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Potential Upside Targets for Gold Stocks

Gold has finally broken out to the upside. In Asia trading on Thursday, Gold exploded through the $1360 to $1370 resistance zone and was able to hold the gains throughout the day, closing above $1395/oz. As we pen this article, Gold has to chance to break $1400/oz by the weekend. The close of the month … Continue reading “Potential Upside Targets for Gold Stocks”

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Interview: Spec Positioning, Breadth and Gold/Foreign Currencies

Jordan Roy-Byrne, Founder of The Daily Gold joined me for a discussion on the set up in the gold market heading into the Fed meeting. We look at the spec position in gold and the USD as well as how gold has been preforming against other currencies of late. Finally a comment on the overall … Continue reading “Interview: Spec Positioning, Breadth and Gold/Foreign Currencies”

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