Jordan Roy-Byrne - Techncial Commentary – Wed 13 Sep, 2017

Gold and Gold Stock Analogs

Comparing historical market moves to current markets can be very valuable when assessing future market moves. Jordan Roy-Byrne recently created a couple analog charts that look at the gold price and gold stocks to historic bull markets. It is very encouraging to see what might be in store for the sector but nothing is straight line in either direction.

Click here to read the Gold Analog chart that Jordan and I refer to in the interview.

Click download link to listen on this device: Download Show


Featuring:
Jordan Roy-ByrneCory Fleck
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Comments:
  1. On September 13, 2017 at 1:49 pm,
    Silverdollar says:

    Good hearing Jordan explain his article, which I had read earlier but now appreciate more. Thanks Cory.

    • On September 13, 2017 at 10:52 pm,
      Excelsior says:

      Agreed Silverdollar. It was good hearing Jordan unpack his thinking in the shorter and longer term in the Gold market and with the mining stocks.

  2. On September 13, 2017 at 1:55 pm,
    spanky says:

    Looks like the $indu:$gold ratio is going to make another run for the 200 month MA. It looks like it is going to break through this time.

    $indu:$hui ratio weekly chart looks bullish as can be too.

  3. On September 13, 2017 at 1:55 pm,
    irishtony says:
    • On September 13, 2017 at 2:02 pm,
      OOTB Jerry says:

      NO 11……….Irish Tony says to hurry up and buy some……..

  4. On September 13, 2017 at 2:43 pm,
    GH says:

    Off Topic, food for thought:

    “…the current North Korea crisis…can be viewed as a follow-on disaster to President George W. Bush’s Iraq War and President Barack Obama’s Libyan intervention. Those wars came after the leaders of Iraq and Libya had dismantled their dangerous weapons programs, leaving their countries virtually powerless when the U.S. government chose to invade.”

    and

    “The dishonesty that now pervades the U.S. government and the U.S. [Jewish-owned] mainstream media represents another contributing factor to the North Korean crisis. What sensible person anywhere on the planet would trust U.S. assurances? Who would believe what the U.S. government says, except, of course, the U.S. [Jewish-owned] mainstream media?”

    https://consortiumnews.com/2017/09/04/how-regime-change-wars-led-to-korea-crisis/

    • On September 13, 2017 at 3:01 pm,
      b says:

      thats right gh, there have been a few people pointing that out recently.
      Its really not new info, american natives could tell ya the same thing.
      nothins changed.

      I guess the big revelation for some people might be North Korea is not “nuts”.

      if anyone is going to kill us all it will be the U.S., either all at once or one at a time.
      Burn Baby Burn.

    • On September 14, 2017 at 2:53 am,
      Ozibatla says:

      Good point GH!

  5. On September 13, 2017 at 2:47 pm,
    OOTB Jerry says:
  6. On September 13, 2017 at 8:02 pm,
    Matthew says:
  7. On September 14, 2017 at 2:56 am,
    Ozibatla says:

    Gold and silvers backtracking looks alright at the moment. However it wouldnt want to give up too much more in the interim.

    • On September 14, 2017 at 5:41 am,
      Excelsior says:

      Hi Ozibatla – I believe we had discussed last week and the week before that we’d have the “Pause That Refreshes” first before Gold would be able to gather the new buyers on the dip, and the energy to get up through last year’s high of $1377.50.

      This seems indeed like we are simply getting this “Pause That Refreshes” here and I wouldn’t expect too much more downside in the PMs from here. Sure, the downward move may linger into next week, as the Dollar finishes its relief rally, but then it’s more likely that the the Dollar rolls back over plunging again, and the uptrend resumes in Gold to test that 2016 high.

      Personally I’m holding steady through this downturn, and if there any exaggerated moves in the miners I like, then I may throw another log on the fire in the interim.

      Ever Upward!

      • On September 14, 2017 at 3:41 pm,
        Ozibatla says:

        Agreed Excelsior. This pause is looking healthy in the PMs. I recon the next 24 hours gives us a few more clues as to what direction we take going forward.

  8. On September 14, 2017 at 7:22 am,
    Matthew says:
  9. On September 14, 2017 at 7:29 am,
    Matthew says:

    SLV has back-to-back weekly closes above the 200 week MA for the first time in 4.5 years…

    http://stockcharts.com/h-sc/ui?s=SLV&p=W&yr=2&mn=7&dy=0&id=p78470543465

  10. On September 14, 2017 at 7:52 am,
    Matthew says:

    Typical of a bull market, the small companies are leading the way…

    GOEX:
    http://stockcharts.com/h-sc/ui?s=GOEX&p=W&yr=2&mn=7&dy=0&id=p26724109845

  11. On September 14, 2017 at 8:08 am,
    Matthew says:
    • On September 14, 2017 at 10:11 pm,
      Excelsior says:

      Good IPT chart with those support trend-lines it back tested. Thanks.