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A closer look at the relationship between gold, GDX and USD

Cory
January 17, 2017

Jordan Roy-Byrne, founder and editor of The Daily Gold joins me to discuss his outlook for gold as well as gold stocks and the USD. With the nice move we are seeing in gold and the drop in the USD we need to determine how long this new trend will continue. Jordan shares some levels for gold and GDX that he thinks will provide resistance.

Click here to visit Jordan’s website – The Daily Gold.

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Discussion
5 Comments
    Jan 17, 2017 17:49 PM

    Elite hunt for cash with lack of privacy kicker continues. They should spend more time investigating the criminal banking system and quit passing out the get out of jail free cards.

    The US should get rid of cash and move to a digital currency, says this Nobel Laureate economist

    https://www.weforum.org/agenda/2017/01/the-us-should-get-rid-of-cash-and-become-a-digital-economy-says-this-nobel-laureate-economist

    Jan 17, 2017 17:55 PM

    Always good to hear technical analysis and fundamental driver from Jordan.

    Thanks guys!

    Jan 17, 2017 17:49 PM

    GDX is NOT gold

    Jan 17, 2017 17:49 PM

    this will become apparent at some point in the furture

    Jan 17, 2017 17:50 PM

    10 Gold Themes & 7 Stock Picks For 2017
    January 17, 2017 – By Dimitra DeFotis

    http://blogs.barrons.com/emergingmarketsdaily/2017/01/17/10-gold-themes-7-stock-picks-for-2017/