Gold and the US Dollar – Which one truly leads?
Jordan Roy-Byrne, Founder of The Daily Gold joins me to look into the relationship between gold and the US Dollar. With gold popping higher and the dollar dropping yesterday we need to understand what will drive the nest significant move.
Click here to visit Jordan’s site and follow along with his metals forecasts.
That’s funny because I view pure fundamentalists as “driving in the dark” when it matters most: when buying and when selling.
I represent that remark, Matthew.
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But I’m not a trader….I buy based on quality of rocks and management.
I concur Mathew. If you want to get right down to it:
Kodiak drills 535.1 m of 0.49% Cu, 0.29 g/t Au at MPD
2020-10-22 09:16 ET – News Release
Ms. Claudia Tornquist reports
KODIAK REPORTS COMPLETE DRILL RESULTS FOR MPD-20-004: 535.1 M OF 0.49% COPPER AND 0.29 G/T GOLD (0.76% CUEQ*)
I follwed Jordan back in 2012 and 2013 and can tell you that a vast majority of his calls back then were wrong. His intentions are good but he, like many others, do not understamd that the technical analysis doesn’t work in an artificial manipulated market
Most of these guys are wrong, most of the time…..jmo…..
Just like Morgan…..DO YOUR OWN DD………….
David Morgan
Does anyone have any battery metals stocks you like that I can do some further research on? Looking for copper and nickel plays. The only exposure I currently have right now is FCX so looking to broaden out a bit. Times like this I miss Ex’s lists.
I bought GDX and more MUX today.
This correction is getting old but the miners are technically fine:
https://stockcharts.com/h-sc/ui?s=%24XAU&p=W&yr=5&mn=5&dy=0&id=p06195518797&a=731188816
Is that a bull flag forming on the XAU or congestion on the freeway?
It looks like a bull flag to me:
https://stockcharts.com/h-sc/ui?s=%24XAU&p=W&yr=5&mn=5&dy=0&id=p21837199759&a=830124464
Orvana drills 25.4 m of 5.5 g/t Au at El Valle
2020-10-22 10:09 ET – News Release
Ms. Nuria Menendez reports
ORVANA INTERCEPTS 5.5 G/T AU OVER 25.4 METERS IN A NEW GOLD STRUCTURE DISCOVERY AT EL VALLE, SPAIN
Goldsource drills 4.5 m of 25.32 g/t Au at Eagle
2020-10-22 10:01 ET – News Release
Mr. Yannis Tsitos reports
GOLDSOURCE ADDS THIRD DRILL AT EAGLE MOUNTAIN, EXPANDS NO. 1 HILL ZONE
Goldsource Mines Inc. has deployed a third core drill at the Eagle Mountain gold project in Guyana, South America.
Palladium One drills 62.7 m of 3.52 g/t PdEq at LK
2020-10-22 07:00 ET – News Release
Mr. Derrick Weyrauch
PALLADIUM ONE STEP OUT HOLE YIELDS HIGHEST GRADES YET AT KAUKUA SOUTH
K92 Mining drills 2.45 m of 40.18 g/t AuEq at Kainantu
2020-10-22 06:50 ET – News Release
Mr. John Lewins reports
K92 MINING ANNOUNCES MAIDEN KAREMPE VEIN SYSTEM DRILLING RESULTS AND HIGH-GRADE EPITHERMAL VEIN MINERALIZATION
K92 Mining Inc. has released results of the first six drill holes completed by K92 on the Karempe vein system at the Kainantu gold mine in Papua New Guinea.
You have been banging the drum on MUX a lot lately. I can see why. The set up looks great.
As a long suffering owner of MUX, I hope Matthew is right about buying it today.
Good luck Bonzo! Is Nulegacy primary Gold or does it have some good silver or copper too?
Charles, NULGF has nothing now. The drilling just started and they are hoping for a big gold deposit.
I wouldn’t say they have nothing. They do have Quinton!
The daily, weekly and monthly charts on copper says it’s a buy. Has been for months.
The daily, weekly and monthly charts on GDX and Gold says stay out.
The fundamentals are, (what ever..?
I’m sure I’ve done the wrong thing, but I bought BGAYF@.240 today. Look out below!
Anyone here own Banyan Gold?
I have Banyan. I think Bob Moriarty mentioned it about 4-6 months ago and knows the female CEO and speaks highly of her and her ability to develop properties. I think there was another BM article within the last week that was still favorable. He is at http://www.321gold.com. Also, Goldfinger on the ceo.ca Site has also been positive. Try ceo.ca Banyan or Goldfinger. I read the Company presentation also, which reinforced my buying it but I have not looked at it for months.
I bought my share of beer today…8 cans….from my local LIDL brooker……………………….
Cause i dont know anything about the miners………………………………..lol
Tony, 8 cans of beer? Why not drink Guinness on tap?
My order to buy IRVRF@ 2.10 filled a little while ago. If NULGF finds another Betze-Post I’ll wish I had bought more of that instead of Irving and Banyan this week.
Hi Bonzo:
I have been acquiring nulgf and whgof as well. The way I see it: if their going to give away shares, I might as well get some.
Harlan Reynolds: USA Today Refused To Publish My Hunter Biden Scandal Column This Week, So Here It Is
Pedophile Pimp Ghislaine Maxwell’s Deposition About Sordid Sex Life Unsealed, Admits Ties to Democrat Rapist Bill Clinton
https://nypost.com/2020/10/22/ghislaine-maxwells-deposition-about-sordid-sex-life-unsealed/
K AMELA HARRIS also DIRTY:
https://www.foxnews.com/politics/jim-hunter-biden-china-joint-venture-key-contacts
Look for money in Georgetown, Grand Cayman.
They have 5 mins to get me to break even as Pelosi says they are close. They need to be able to claim “stimulus approved” at the debate. Looks like they went and snorted cocaine instead.
Jordan you send out flash update saying Osino stock could fall to us 0.60 that 40 pct lower from here, your weekend report last week gave buy signal at us 0.94, you sure your a technician or just quessing, wtf.
His flash update stated that Osino has broken support and that Orezone sees US.60
Interesting commentary about Copper. For Jordan to say that he is just focusing on the technicals and not giving an explanation from a fundamental stand point, to me is akin to driving in the dark with no headlights.
I guarantee you once the fundamentals change, so will the charts.