Comparing Gold (and GDX) to the US Equity markets – You might be surprised to see the long term chart

January 20, 2021

Jordan Roy-Byrne, Founder of The Daily Gold joins me to recap a key note he made to subscribers earlier this week. He outlined the gold (and GDX) to US markets ratio. I posted the monthly chart below for your reference.

Click here to visit the Daily Gold website to keep up to date on what Jordan is seeing in the metals chart.

    Jan 20, 2021 20:19 PM

    To Big Al and others. Now Biden is the president and the love fest by the media, hollywood, and globalists, will surely be prevalent. Just think how much Trump could have done and how much of his ire against those trying to trash him from before he won all through the 4 years he served could have been prevented.

    If Trump had been treated with more respect and a “let’s see how he does, give him some time and space” attitude, would we perhaps have had less contention, less counter punching by Trump?

    Maybe we would have had much more positive things accomplished, less division, fewer reasons for people to grow to hate one another? One can only wonder how things might have been much better if he were not uniformly attacked without let up, many of which without any credible evidence. Yes, he was his own worst enemy by his communication techniques, but who could bear up under such a widespread a continual hatred leveled each and every day?

    I hope Biden will not allow himself to further destroy the last vestiges of the constitution, which has suffered greatly, by those who surround him. Hopefully, he will not allow himself to be persuaded to go too far to the extreme. Pray that he may be persuaded by the influence of the spirit of God to follow a better course.

    As I now hear the calls for Trump to have an impeachment trial after leaving office and as a private citizen by Shumer and others, which is a direct constitutional violation, such a trial is banned by the “bill of attainder” clause. The second vote of impeachment by the house violated his “due Process” protections, having been given no time or opportunity to defend himself prior to the vote. If a president can be tried under impeachment after leaving office, what prevents over zealous politicians from trying a presidential candidate prior to winning office?

    If congress can ignore the constitutional protections granted him, what stops them form unconstitutional efforts against any other private citizen.

    Now is the time to contact our leaders, letting them know that we will not stand for any more erosion of the document which was designed to chain down the government and protect individual rights given by the creator.

    Jan 20, 2021 20:05 PM

    Good riddance to Traitor Trumpenstein!
    Better to be led by enemies than such as this Judas Goat!

      Jan 20, 2021 20:10 PM

      A canker has been removed.
      Now true leaders must emerge.

        Jan 20, 2021 20:34 PM

        As my friend Tom Metzger noted: “There is no cure for stupid.”
        However, ‘fools that rush in’ can learn, and then they can lead!

        Jan 20, 2021 20:40 PM

        True leaders like Don Biden of the Biden crime syndicate family—-what a bad joke.

          Jan 20, 2021 20:50 PM

          Doc: Read my words again!

          Jan 20, 2021 20:58 PM

          See Mike Piper’s article “Who Towers Behind Trump”

            Jan 20, 2021 20:51 PM

            BDC, I was curious and read the article “Who Towers Behind Trump?” The unsavory creatures and activities in the article are the behind-the-scenes investors and operators of Resorts International, not Trump. Only at the very end it points out that Trump bought out the 93% voting stock of one of them (James Crosby), a purchase he mentioned in his book The Art of the Deal. That’s it. This in no way implicates DJT. The article is just a smear piece, based on innuendo. Just more evidence of Trump Derangement Syndrome.

            Jan 20, 2021 20:14 PM

            Glad you took the time to read it.
            Truth is often a Tough Pill to Swallow.

            Jan 20, 2021 20:02 PM

            The greatest hero of this century, Brendon O’Connell:

          Jan 20, 2021 20:59 PM

          Ditto doc!

      Jan 20, 2021 20:58 PM

      Are you for real?

      You know your going to upset my viewers! You have to be out of your mind to go against trump here! I mean my man math has made valid points but I much rather take the the best of the evil. And I don’t think grump is evil.

      Sharp shooter straight to the point etc etc but I rather be in his side


        Jan 20, 2021 20:04 PM

        Trump has been anti-White from the get-go.
        What has he done FOR White people?

          Jan 20, 2021 20:24 PM

          Who gives a shat u white piece of trailer trash

            Jan 20, 2021 20:37 PM

            OY … Oy Vey !!

    Jan 20, 2021 20:55 PM

    Gold will have no problem topping the S&P. I recall in 1980 when Jimmy was president and gold was higher than the DJIA. As Biden is even more incompetent than Carter, I think the gold price may top the DJIA again. Lassonde does too.

    Jan 20, 2021 20:15 PM

    Biden won’t be the president. He’s actually not the president right now.

    There’s been quite a bit of stolen gold recovered recently. The supply/demand strategy says gold won’t be going up. The Fibonacci retrace says it’s heading to 1050 or even 860. If it breaks 860, it’s 500s.

    Gold going up or down is fine with me. The XAU/USD pair is amazing to trade. It trades like the EUR/USD pair. But the gold / usd pair is 100 pips per dollar. That’s some serious moves!

      Jan 20, 2021 20:34 PM

      Gold going to 500s????… Mmmmmm, I doubt it but I guess one never knows for sure. No such thing as a sure thing!

    Jan 20, 2021 20:21 PM

    Chartster, I sure hope that Biden is not the POTUS, but my hope is fading. What gives you hope now?

    Jan 20, 2021 20:41 PM

    The 30,000 troops are not leaving DC. The troops at every state capital are not leaving. The only way there could be troops at every capital is, if the insurrection act was implemented. And if it was, you can’t change government structure.
    Biden and company are defacto and illegal. They are committing a crime.
    I doubt any of the criminals we saw at the inauguration today will be leaving. They are locked in. At least, I “ think/ hope they are locked in.
    Too much crime. The military has to act now. If they don’t? We’re toast! The whole world is toast.

      Jan 20, 2021 20:48 PM

      Chartster, I heard that it was 65000 troops in DC today, and I was hoping that arrests would be made before the swearing in, but nothing happened. I am getting worried that we are toast. Why the delay?

    Jan 20, 2021 20:48 PM

    When the Biden motorcade drove past the troops today, almost all of the troops turned their backs! That should tell you everything.

    Jan 20, 2021 20:51 PM

    I’m unsure about the delay. I was waiting for Roberts to commit and he did. Not sure why we don’t see the perp walk. I’m praying we do tho. Cause the alternative will suck.

    Jan 20, 2021 20:02 PM

    The media is gaslighting the public to believe Biden is the president. He absolutely Is NOT!
    These people are going down. Just a matter of time, a short time.

    Jan 20, 2021 20:19 PM

    Outside the outer perimeter,
    Many DC folks are out and about.

    Jan 20, 2021 20:25 PM

    Inside the inner perimeter the traitors are crapping their pants.

      Jan 20, 2021 20:38 PM

      Obviously, you are not here.
      Too many empty streets.
      Synthetic shutdown.
      That’s it.

        Jan 20, 2021 20:50 PM

        You are wee bit thick. 😁

          Jan 20, 2021 20:43 PM

          I live here and see it. Fake .

            Jan 20, 2021 20:06 PM

            The troops are fake?
            Or the deep state fraudulent inauguration?
            Or what?

            Jan 20, 2021 20:22 PM

            “Outside the outer perimeter,
            Many DC folks are out and about.”

    Jan 20, 2021 20:41 PM

    As of 2 hours ago, no one has showed-up at the White House. I don’t have to be there, but I know who is😉

    Jan 20, 2021 20:29 PM

    Does everybody make all this stuff up or is there some kind of credible source.

    Jan 20, 2021 20:26 PM

    For me it’s not about race but people themselves! We all immigrated to Canada or the us for a better life. We must all ask ourselves why did we leave what we had? And why did we seek to come to these countries? The answer is simple. In fact very simple. We left because what we had was shit and poverty. We came because money grew in trees and prosperity was there the dream in the United States of America or Canada. So you must ask yourself why was prosperity there? Because if the people who ran the country and the people who worked hard and set the example of love, peace and harmony=respect

    Today all that his fine and you ask yourself why? The immigrant who has come in has a different mind set and hope is gone!

    I find it disgusting in real terms that people of different ethnic backgrounds of second and third world countries tell me they lived a nightmare back home, yet they want to profess and keep the culture were supposedly back home is terrible and the mindset is totally different but they are ok coming here to apply such venom.

    People are hipócrits, and two face. This works is headed backwards

    Jan 20, 2021 20:02 PM

    Under what authority is the Biden administration to be removed? Impeach, I say, even as I stand back & implore God to rule

    Jan 20, 2021 20:19 PM

    Under the authority of the law?
    Because Biden is a fraud?
    Because fraud is against the law?
    Because Biden has always been a fraud?

    That’s a good reason for removal. (IMO)

    Jan 20, 2021 20:50 PM

    January 20, 2021

    Jan 21, 2021 21:07 AM

    Like what I’m seeing. Gold price hits $1875 roughly on exactly what I was hoping for with reversal. More back filling and right shoulder formation. Doesn’t have to be pretty!

    Big shout out to Matthew and his charts last night confirming many things of which I really like. As matt said if this right shoulder does not pan out then we are going to have one more deep drop. For now I’m going with the right shoulder. Keep you posted.


      Jan 21, 2021 21:50 AM


      Jan 21, 2021 21:48 AM

      Thanks, Glenfidish, i hope the right shoulder pans out too.

      Maybe you have seen the video from Mysterytrader ? If not, it would be interesting to get your opinion on it, if you have the time…
      I never rule anything out and i dont follow gurus, but i think he makes some good points,

      Matthew, Doc, Excelsior and other opinions are also welcomed.
      He talks about Gold from, 19,45-26,08 and then again 36,09-49,00

    Jan 21, 2021 21:41 AM

    Into FOMC meeting $1902 is possible.