Jordan Roy-Byrne - Technical Commentary on the Metals – Wed 16 Oct, 2019

Watching closely the relationship between the USD and Gold

Jordan Roy-Byrne joins me to chat about the recent relationship between the US dollar and gold price. Over the past year the two have moved up together but today was a divergence of that trend. Not saying that this one day is the start of a new trend but a falling dollar could bring on all sorts of new risks that most are ignoring.

Click here to visit Jordan’s site and follow along with his metals commentary.

View related posts on: , ,

Comments:
  1. On October 16, 2019 at 2:48 pm,
    OOTB Jerry says:

    Good note on GOLD………..
    https://www.zerohedge.com/markets/japan-buys-most-treasuries-2013-august-china-dump-continues
    Finally we note that as Treasury holdings tumble worldwide, gold reserves have been soaring…

    • On October 16, 2019 at 5:09 pm,
      JMiller says:

      Jerry,

      There is something wrong with that ZeroHedge article. The charts that show the amount of Treasuries that China, Japan, Belgium and the Cayman Islands hold is correct but the last chart has the World Treasury Holdings at 2.977M. 2.977 Million? Must mean 2.977 Trillion but even that is wrong according to the data. Foreign holdings of Treasuries has increased to 6857.5 Billion. It did not decrease as that last chart shows..

      https://ticdata.treasury.gov/Publish/mfh.txt

      • On October 16, 2019 at 5:40 pm,
        OOTB Jerry says:

        hummm, ……must be that fuzzy math…….Americans can not do math….lol

        • On October 16, 2019 at 5:42 pm,
          OOTB Jerry says:

          Interesting……thanks for the follow up…..

          • On October 16, 2019 at 5:43 pm,
            OOTB Jerry says:

            I think this is something to keep on the radar….for future thought….jmo

        • On October 16, 2019 at 5:45 pm,
          OOTB Jerry says:

          At least you are helping us…….think, what the heck is going on……always appreciate your input……

        • On October 17, 2019 at 8:47 am,
          Ebolan says:

          Plus so many of the gooooberment numbers are lies…just look at CPI and UE!

          Jerry, how’s it going today? Are you pensive in Penseville…or are you in Rubioville today?

          • On October 17, 2019 at 9:47 am,
            OOTB Jerry says:

            Penseville……..still doing research from George Webb……….he has a good one today….
            about 7 min long…..I tried to post but youtube is screwed up….

          • On October 17, 2019 at 9:52 am,
            OOTB Jerry says:

            https://www.youtube.com/watch?v=XfILd96rpVw
            The guy speaking is not George, but, the cut outs are nice to see where the office
            of special operations were in 1960, which have been subverted….after JFK,
            Massive cover up via….cia, dia, dci………The DCI……is a good one

          • On October 24, 2019 at 10:15 pm,
            JMiller says:

            The unemployment rate really is correct according to it’s methodology says John Williams of ShadowStats.

    • On October 24, 2019 at 10:11 pm,
      JMiller says:

      Looks like foreigners are still buying Treasuries contrary to what most in the ALT-media say.

      https://www.zerohedge.com/markets/foreign-demand-7-year-paper-surges-2019-high-strong-7-year-auction

  2. On October 16, 2019 at 3:02 pm,
    Matthew says:
  3. On October 16, 2019 at 4:35 pm,
    CFS says:

    https://youtu.be/OFcT1Q3zh5M?t=36

    LAST WEEKS Macalvany

  4. On October 16, 2019 at 8:23 pm,
    Bonzo Barzini says:

    Good news for Canada: Odious Obongo has endorsed blackface Trudeau for PM. This is the kiss of death.

  5. On October 17, 2019 at 1:25 am,
    Excelsior says:

    Captain Obvious Says Gold Miners Have 15%+ More Downside Ahead

    by @Goldfinger on 15 Oct 2019

    “As the gold miners drift lower during a seasonally weak part of the year (mid-October) for the sector, a textbook complex head & shoulders top pattern has formed.”

    https://ceo.ca/@goldfinger/captain-obvious-says-gold-miners-have-15-more-downside-ahead

    • On October 17, 2019 at 9:33 am,
      Wolfster says:

      If you’re bringing up oingo boingo then I have to throw out captain sensible to this headline. 😏

      • On October 17, 2019 at 10:00 am,
        Matthew says:

        Everyone and his guru is aboard that H&S pattern so I’ll be surprised if it gets close to its target. In fact, a significant decline from here would not at all be consistent with the action we’ve had since May.

  6. On October 17, 2019 at 7:54 am,
    CFS says:

    https://youtu.be/PYCIxwAcSuE

    This weeks Mcalvany talks repos

  7. On October 17, 2019 at 7:58 am,
    CFS says:
  8. On October 17, 2019 at 8:43 am,
    Ebolan says:

    BOYS!

    CORRUPT TYRANT DIES!

    https://apnews.com/472ab99bda374c3ba906366d2f0a6d00

    Certainly an exception to the rule. Usually these rat bastards live forever, or at least it sure seems like it.

    • On October 17, 2019 at 8:50 am,
      Ebolan says:

      He can no longer pillage the taxpayer or keep his own people down…of course the next DemoNRat who replaces him will keep on where he left off…but maybe there’s a special place in Hell for these corrupt politicians…let’s hope so because there is little to no justice on Earth!

      • On October 17, 2019 at 9:56 am,
        OOTB Jerry says:

        our arms around this one……..George Webb…….update ….
        https://www.youtube.com/watch?v=riJ4QXzIxqs

        Reply to this comment
        On October 17, 2019 at 6:48 am,
        OOTB Jerry says:
        Crowdstrike……..Crowstrike……….Pres.Trump getting some help connecting the dots., finally.

        Reply to this comment
        On October 17, 2019 at 6:51 am,
        OOTB Jerry says:
        Wonder why Pelosi walked out of the meeting……..she has been discovered, concerning the blackberries and server………..Treason and a noose for Nancy……the Mob is on a short leash …….UKraine Nancy…..Baltimore Nancy…..

        Reply to this comment
        On October 17, 2019 at 6:57 am,
        OOTB Jerry says:
        Baltimore Cummins…..maybe the town will have enough money to buy some airconditioners for the schools now.?………$1.8 Billion missing and he ain’t telling no more.
        RIP………sorry, but, Fact are facts……..

        Reply to this comment

        • On October 17, 2019 at 10:22 am,
          Ebolan says:

          Half a trillion dollars? WTF? And that’s just a small part.

          If even a small portion of what this guy says is true it shows gooberment is an entirely criminal enterprise.

          And anyone who pays taxes is a victim and anyone who willingly pays taxes is a brainwashed sheeple. But there are plenty of these. Last night in the city council meeting 3 citizens stood up and demanded the council raise their taxes. Of course, I believe a couple of them were plants, the other just an idiot.

          • On October 17, 2019 at 11:39 am,
            OOTB Jerry says:

            How much money……has the FED printed………there is your money…..along with the Pentagon missing money……gold, mines, gas, oil…..it all adds up

          • On October 17, 2019 at 11:44 am,
            OOTB Jerry says:

            How much money was in Iraq, Libya, Ukraine, Egypt, …Panama, ….just look at the long list of countries that the ciashadowgovt wars there have been since 1947

        • On October 17, 2019 at 11:48 am,
          OOTB Jerry says:

          Half the people have their heads up their behinds……….DEBT SLAVES…….is all the Americans are good for…..

  9. On October 17, 2019 at 9:36 am,
    Wolfster says:

    As far as Cannabis stocks go another reason for the recent move higher has been all the insider buying at these low levels. Buying MSO pot stocks at these levels seem to be the right move as they are showing moves towards profitability.

  10. On October 17, 2019 at 9:54 am,
    OOTB Jerry says:

    EBO……….go up and read my post….