A Better Outlook For PMs Heading Into 2019 – Segment now uploaded

January 3, 2019

Jordan Roy-Byrne, Founder of The Daily Gold looks into the precious metals sector in terms of gold and silver prices as well as the stock ETFs. Things are looking much better for the precious metals complex heading into 2019 but it’s not a clear cut bull market just yet. There are some key other markets to watch that could further push for the move into PMs.

Click download link to listen on this device: Download Show

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

    Jan 02, 2019 02:20 PM

    there is no link to this interview

      Jan 03, 2019 03:58 PM

      It is the link that says “download show”.

    Jan 03, 2019 03:59 AM

    GDX is getting close to tagging its declining 300 WMA for the first time in 6 years. Another 30-40 cents and it’s there.

    The declining 300 WMA and flat 200 WMA are about 80 cents away from each other. The 300 WMA should cross below the 200 WMA in April, FWIW.

    Jan 03, 2019 03:02 AM
    Jan 03, 2019 03:24 AM

    In order to nullify the outside day down on the 26th, GDX needs to get above that day’s high of 21.40. So far today it’s high is 21.39.

      Jan 03, 2019 03:00 AM

      ok, GDX made a new high above 21.40.

    Jan 03, 2019 03:43 AM

    Now that tax selling is over it looks like the NGD train is leaving the station and is headed to the Emerald City, but will NSRPF get there first?

      Jan 03, 2019 03:06 AM

      BB, NGD is huffing and puffing right now but I don’t know if all the passengers are on board yet. In spite of that, I added to my position yesterday.

      Jan 03, 2019 03:15 AM

      BB, not investment advice but is also “huffing and puffing” and wants to break out on its’ weekly chart.

      Jan 04, 2019 04:46 AM

      (USAS) (USA) Americas Silver Provides Updates on the Pershing Gold Transaction and the San Felipe Property Option

      by @businesswire on January 2, 2019

      “Both ISS and Glass Lewis support the Transaction,” said Darren Blasutti, President and Chief Executive Officer of Americas Silver. “These independent recommendations further support our belief that the Transaction is in the best interests of our collective shareholders.”

      > San Felipe Property Update

      “The Company has agreed to terms with Minera Hochschild Mexico S.A. de C.V. to extend the timing of payments under its option agreement on the San Felipe silver‐zinc‐lead project”

    Jan 03, 2019 03:42 PM

    Sold 4.3 K -SILV $2.97

    Jan 03, 2019 03:23 PM

    Gold going for $1307…..maybe………not far from it…….

      Jan 03, 2019 03:40 PM

      I think you’re exactly right, Jerry. 1307-1308 will probably cause it at least a little trouble, but not for long…

        Jan 03, 2019 03:53 PM

        That has been a battle zone for the last few yrs…..or at least it seem years…..
        Hoping this year it sticks……and goes higher……..

          Jan 03, 2019 03:55 PM

          I am getting sick of talking politics…….lol

    Jan 03, 2019 03:05 PM

    Weeks ago, I said it would be a big deal when gold takes back the 600 and 200/233 week MAs and it has been. Those who thought it was going to drop back to 1200 after weekly closes above those MAs didn’t know what they were looking at.
    The weekly chart looks so good that the overbought daily chart readings could persist for longer than most expect.

    Jan 03, 2019 03:06 PM

    Bob Hoye is obviously right, the miners are the place to be, not the metals.

      Jan 03, 2019 03:21 PM

      Agreed. The miners are starting to play catch up, and on any mild increases in the underlying metals, the miners of the metals, with improving economic margins, are set to move with more torque and will outperform.

    Jan 03, 2019 03:54 PM

    Precious Metals Are Overbought….And That’s Not A Bad Thing
    by @Goldfinger on January 3, 2019

    “Gold and silver are on an impressive run higher since mid-November; gold is up around $100 an ounce (~8%) and silver is up nearly $2 (~13%). Silver is up 7 consecutive trading sessions and gold has risen in 10 of the last 12 trading sessions – the run has been strong enough that one could consider both precious metals to be ‘overbought’ using standard technical indicators such as RSI (at top of charts below) and MFI (at bottom of charts below)….”

    Jan 03, 2019 03:41 PM

    Gold, Silver, & Oil: Riding The Big Waves

    Captainewave – Jan 3, 2019