Gold Stocks Very Oversold & Macro Picture
Jordan Roy-Byrne joins Cory Fleck for some macro thoughts on the precious metals, and his takeaway from the recent moves in gold, silver, and precious metals mining stocks. We discuss his in-depth market study of the 52-week highs and lows distributed across the metals and miners and what that research is telling him about the medium-term trend.
He continues to see the main catalysts gold needs as being either a meaningful Fed policy change or a correction in the general stock markets. We wrap up with some ideas from Jordan about how he’s trading these markets, with some interest in scaling in to the right kind of value propositions.
Disclaimer: TheDailyGold.com and TheDailyGold Premium are not investment advice. The website, email newsletter and premium ...
more
Comments
