Featured

Interview: Technical Outlook in Metals

Jordan Roy-Byrne, Founder of The Daily Gold shares his thoughts on the gold, GDX, and silver charts. It was a disappointing reversal for gold this morning as it reached $1,290 then dropped $10 in a couple hours. Overall the metal is still very much within its range however the stocks and silver continue to drift … Continue reading “Interview: Technical Outlook in Metals”

Interview: Technical Outlook in Metals Read More »

Waiting for Double Bottom Support in Gold Stocks

Several weeks ago we wrote about the downside risk in the gold stocks. After the various gold stock indices formed distribution-type tops, the subsequent selling has been swift. Miners have plunged through moving averages and short-term breadth indicators quickly reached oversold extremes. While the gold stocks are oversold, it could be a little while before … Continue reading “Waiting for Double Bottom Support in Gold Stocks”

Waiting for Double Bottom Support in Gold Stocks Read More »

Why US Dollar Strength is Long Term Catalyst for Gold

As we know, Gold and the US Dollar have an inverse relationship. Gold is priced in US Dollars and the drivers of each are similar (from an inverse point of view). Over long-term periods both trend in the same direction but the magnitude of the moves can vary and be quite different. The standard inverse … Continue reading “Why US Dollar Strength is Long Term Catalyst for Gold”

Why US Dollar Strength is Long Term Catalyst for Gold Read More »