Jordan Roy-Byrne - Technical Commentary on the Metals – Wed 22 Jan, 2020

Look to yields and the USD to determine future moves in the PMs

Jordan Roy-Byrne joins me today to step away from the gold charts and look to the bond market and USD as barometers for the precious metals. With yields looking like they have topped a couple weeks ago the direction which is now falling yields is very important. As for the dollar the question remains, is this year when we see the dollar breakdown?

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Comments:
  1. On January 22, 2020 at 1:11 pm,
    cfs says:
  2. On January 22, 2020 at 1:21 pm,
    CaliJoe says:

    Matthew posted this gdxj chart last week, its playing out nicely.

    https://stockcharts.com/h-sc/ui?s=GDXJ&p=D&yr=0&mn=9&dy=0&id=p81954252536&a=713770028

  3. On January 22, 2020 at 4:46 pm,
    Excelsior says:

    Ten Bagger Podcast – 2019 Ceo.ca #1 Stock Picker Shares Expertise

    The Daily Gold – Jordan Roy-Byrne #AudioInterview

    “@Goldfinger won the 2019 stock picking contest over at Ceo.ca, so he may know a thing or two about spotting potential 10-baggers. He shares his expertise and provides a stock pick for 2020.”

    https://www.youtube.com/watch?v=VY4dGfiXbN8&t=1s

    • On January 22, 2020 at 4:48 pm,
      Excelsior says:

      Gwen Preston’s Strategies on Finding Potential 10-Baggers

      The Daily Gold – Jordan Roy-Byrne #AudioInterview

      “Gwen Preston discusses the characteristics of 10-baggers with a focus on discovery plays but also considers juniors at other stages. She also offers several companies to consider.”

      https://www.youtube.com/watch?v=1RU_lJNfTA4

      • On January 22, 2020 at 4:50 pm,
        Excelsior says:

        David Erfle Focuses on Developer Optionality Plays for 10-Baggers

        The Daily Gold – Jordan Roy-Byrne #AudioInterview

        “David Erfle, editor of the Junior Miner Junky newsletter focuses on oversold, deep value developer type of companies and their ability to be 10-baggers in a metals bull market. He discusses a few of his 10-baggers and also a few stocks he sold or didn’t buy which became 10-baggers.”

        https://www.youtube.com/watch?v=u3oNC-LqwFM

        • On January 22, 2020 at 4:52 pm,
          Excelsior says:

          These Stocks Can be 10-Baggers at $2500 Gold

          The Daily Gold – Jordan Roy-Byrne #AudioInterview

          “Don Durrett, goldstockdata.com is very knowledgable about the entire spectrum of gold and junior gold stocks. In seeking out 10-baggers, he favors development stories that “look like” optionality plays. He shares more than a handful of potential 10-baggers should Gold reach $2500/oz.”

          https://www.youtube.com/watch?v=lFUPvtxpMfw

          • On January 22, 2020 at 4:54 pm,
            Excelsior says:

            An Information Advantage & Patience Can Lead to 10-Baggers in Microcaps

            The Daily Gold – Jordan Roy-Byrne #AudioInterview

            “Self-taught speculator Luc Ten Have scours micro-caps and penny juniors to find companies with among other things, the right management and share structure. He then is extremely patient. He discusses the importance of share structure, management and how one can get an edge.”

            https://www.youtube.com/watch?v=_VvJA_b9Er4

          • On January 22, 2020 at 7:17 pm,
            b says:

            I can see a few 10 baggers should gold move up $1000.

          • On January 22, 2020 at 8:04 pm,
            Big Al says:

            Take my word for it I believe that even a move of $250 would show big numbers! Been in the game since 1982 b!

          • On January 22, 2020 at 9:35 pm,
            Excelsior says:

            I agree Big Al that even a move up of $250 in gold would be very significant for most of the related miners.

          • On January 23, 2020 at 12:10 am,
            Miklo says:

            E, which are those stocks?

          • On January 23, 2020 at 12:12 am,
            Excelsior says:

            Miklo – Almost all the mining stocks would surge big if Gold added $250, but the smaller producers with bigger impacts to their margins, and advanced developers with improving economics would likely have some of the largest moves.

          • On January 23, 2020 at 9:50 am,
            b says:

            I was kinda making an obvious sorta comment about 10 baggers with a $1000 increase.

            A $1000 increase would cause most if not all of jrs to increase 10xs.

            The only guess would be time frame.

            Right now it looks like the only people in the jr market are goldbugs, maybe some people that think they see the future, but when gold breaks $1800…..and we are getting closer to that.
            Resistance at about 1560 is breaking now, $1800 could break this year.

            If that happens right after doldrums….look out.
            Not gonna matter what you own, heck, I should be looking for another 1/2 cent share.
            I dont have one in mind this time.

          • On January 23, 2020 at 10:25 am,
            Matthew says:

            There’d be a lot of 30+ baggers if gold goes up 1000.

            Gold has held up very well considering the action since November but is at resistance here that will probably keep it in check somewhat until next month.
            GLD:
            https://stockcharts.com/h-sc/ui?s=GLD&p=D&yr=1&mn=0&dy=0&id=p00854078972

    • On January 22, 2020 at 4:56 pm,
      Excelsior says:

      There are Future 10-Baggers in the Uranium Sector

      The Daily Gold – Jordan Roy-Byrne #AudioInterview

      “Justin Huhn, @UraniumInsider tells us why we should not forget this sector, why the long-term fundamentals are bullish and when the trend may turn up for good.”

      https://www.youtube.com/watch?v=augRnWPEjr8

      • On January 23, 2020 at 4:54 pm,
        blazesb says:

        Yes yes yes. A question of ‘when’ not ‘if’.

    • On January 23, 2020 at 6:38 am,
      Wolfster says:

      Damn. I was checking out goldon when I came across their name while researching either pure gold or rzz properties but it didn’t intrigue me enough to go deeper……🙄