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Jordan Roy-Byrne – Gold and Silver Market Analysis: The Strongest Market In Over A Decade

Cory
October 23, 2024

Jordan Roy-Byrne, CMT, MFTA, Editor of The Daily Gold joins me to discuss the current strength and dynamics of the precious metals market. 

 

We explore the recent rallies in gold and silver prices, look back over a decade to recap the cyclical bull and bear markets, and analyze technical breakouts. Jordan explains market gaps, resistance levels, and the significance of a gap filling, while also offering insights into the performance of gold and silver against various currencies. I also ask about his portfolio strategy and if he is rotating any money into lagging stocks.

 

Click here to visit Jordan’s site – The Daily Gold

Discussion
8 Comments
    Oct 23, 2024 23:49 PM

    Nvidia shares hit $144.42 on Tuesday with 24 billion 530 million shares out. It pays a quarterly dividend of .01 USD LOL! 🤣 Today the stock lost $4.03 or almost $100 billion in market cap. $100 billion means nothing these days, The Fed just keeps the spigot running wide open. We are talking about one stock here; this is the market and when Nvidia goes you will hear a great sucking sound like the machines that clean the sewers. Nvidia’s market cap is now 3 trillion 423 billion 406 million 800,000 dollars it is so absurd that it reminds me of The U.S. National Debt which is 35 trillion 800 billion…………… and counting. What a whacko economy, this is all backed by faith in The U.S. in its ability to honor its fiscal debt. They should bring back debtors’ prison that would cure this insanity. Like Scrooge says, “don’t we have any poorhouses.” DT

    Oct 23, 2024 23:58 PM

    Just a Note…………… US MINT….. stopped minting Silver Eagles…… in Oct…
    According to Bix Weir this is illegal…
    This is an attempt to help out the silver riggers…. per Bix….

    Oct 24, 2024 24:01 AM

    THE GRIM FARCE GOES ON, gold goes up because the economy is failing badly, but the people in power refuse to see the truth, they have failed miserably. All the politicians can do is watch gold go much higher and try to reassure the public that everything is in Good Hands. The time for drastic measures has long gone now we must wait until the market takes care of this mess. DT 😉

      Oct 24, 2024 24:15 AM

      The “people in power”………….. do not want the truth….. they benefit from the ignorant SHEEPLE…… 🙂

    Oct 24, 2024 24:24 AM

    After years of using bogus algos against the Western World, Bullion Banks response to BRICS and their monetary system which is designed to free them from Western Central Banks is …to run take down algos against the Western World …

    Oct 24, 2024 24:55 AM

    http://www.wallstreetonparade.com
    Goldman Sachs long-term rip-off

    Oct 24, 2024 24:59 AM

    Editor at LA Times resigns when billionaire owner of the paper orders the paper “not” to endorse anyone for President.