Jordan Roy-Byrne - Technical Commentary on the Metals – Fri 27 Dec, 2019

What are the odds of equity markets and PMs moving higher together in 2020?

Jordan Roy-Byrne joins me to recap the recent moves higher in gold and silver right around Christmas time. Without any major news to drive these moves we look at some of the other markets that can be correlated to the metals. Overall the outlook for 2020 is positive for precious metals investors.

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

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Comments:
  1. On December 27, 2019 at 12:15 pm,
    Paul says:

    Jordan came across a statement on advertisement on your newsletter saying if gdx breaks 31 level that 50 is in the technical Target.
    How long would it take to reach 50 when 31 is broken, 1 year, 2 years???

  2. On December 27, 2019 at 12:19 pm,
    Excelsior says:

    Sprott Money News Weekly Wrap-up – 12.27.19 #AudioInterview

    “Bob Thompson of Raymond James in Vancouver joins us to discuss the ongoing rally in precious metals prices as well as his expectations for the mining shares in 2020.”

    https://soundcloud.com/sprottmoney/sprott-money-news-weekly-wrap-up-122719

  3. On December 27, 2019 at 4:12 pm,
    Blue says:
    • On December 27, 2019 at 4:14 pm,
      Blue says:

      Silver forecast Igoldadvisor

      • On December 28, 2019 at 11:45 am,
        Excelsior says:

        Thanks Blue. I enjoy getting Christopher’s perspectives.

        • On December 28, 2019 at 1:57 pm,
          Blue says:

          😄👍

  4. On December 27, 2019 at 8:02 pm,
    johnnygeneric says:

    Dollar headed down, down down….That’s too easy. That’s what everyone is expecting. I think it has one more move *UP* And then WHAM!! Down it will go.

  5. On December 28, 2019 at 4:36 am,
    Excelsior says:

    Is ‘King Dollar’ Finally Rolling Over?

    By TheRealHeisenberg – December 27, 2019

    “It’s been a long time coming, but it looks like “king dollar” might finally be on the verge of rolling over in earnest.”

    “Bloomberg’s gauge is down some 1.5% on the month and if things keep going like they’re going, that will mean BBDXY closes lower for the year.”

    https://heisenbergreport.com/2019/12/27/is-king-dollar-finally-rolling-over/

    • On December 28, 2019 at 2:08 pm,
      Blue says:

      He recommends a new silver miner, this time he doesnt say which.
      130 million oz in the ground in Mexico. Stockprice at 0.22 cad a few days ago.

      • On December 28, 2019 at 2:49 pm,
        Excelsior says:

        At first I thought it would be Defiance (DEF) or Aftermath (AAG-H), based on the shareprice and Mexico, but their assets don’t match that.

        (SSV) Southenr Silver has 134 Million ounces in Mexico and closed at $.25 (up $.03 from $.22) so that is likely it.

  6. On December 28, 2019 at 10:11 am,
    Excelsior says:

    Hold 20% in gold as global economy is an accident waiting to happen – Frank Giustra

    Neils Christensen – Friday December 27, 2019

    “If someone has a maximum of $100,000 to invest, my suggestion would be to own at least 20% gold and stay liquid. Most investments (stocks and bonds) are overvalued. I am mostly keeping my eye on global trends in both central bank monetary policy and debt levels.”

    “Our future will be largely based on those two things. Neither, are looking too rosy.”

    https://www.kitco.com/news/2019-12-27/Hold-20-in-gold-as-global-economy-is-an-accident-waiting-to-happen-Frank-Giustra.html