Jordan Roy-Byrne - Techncial Commentary – Wed 11 Jul, 2018

Why The S&P Is The One To Watch For The Gold Price

Jordan Roy-Byrne, founder and editor of The Daily Gold joins me today to share his thoughts on why gold investors need to watch the S&P more closely than the USD. These comments are also tied into a bigger picture look at where the PMs are heading to the end of the year.

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Click here to visit Jordan’s website for more valuable metals commentary.

Jordan Roy-ByrneCory Fleck
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  1. On July 11, 2018 at 4:33 pm,
    Markedtofuture says:

    Has China Pegged The $Gold Price To The Value Of SDRs? Jim Rickards has recently opined that the price of gold has been pegged by China at 900 SDRs per ounce.

    • On July 11, 2018 at 5:01 pm,
      Matthew says:

      The author has it backwards. SDRs would be pegged to gold, not the other way around.

  2. On July 11, 2018 at 5:16 pm,
    john thomas says:

    Thanks for the comments Jordan.

    I like the idea of what you say about the S&P being more important to the direction of gold rather than the dollar. I think this was one of your better commentaries.

  3. On July 12, 2018 at 8:20 am,
    Matthew says:

    SLV:GLD is trying to take back the 200 day MA and the so-called golden cross is coming soon…

    • On July 12, 2018 at 8:49 am,
      Matthew says:

      In case it’s not obvious to everyone, the above chart shows silver in a very bullish pattern versus gold since the April low and that is bullish for the whole sector.

  4. On July 12, 2018 at 10:13 am,
    Matthew says:

    Nothing scary about silver vs gold: