Jordan Roy-Byrne – Gold Bull Market Correction Analogs, 2-Year Yields As Leading Indicators Of Fed Policy, And How High Oil Prices Relate To Gold Mining Stocks Bottoming

Jordan Roy-Byrne, Founder and Editor of The Daily Gold, joins us to review prior analogs in gold during bull market corrections, how the 2-year treasuries yield is a leading indicator of the Fed funds rate and monetary policy, and how peaks in oil pricing often coincide with lows in the precious metals mining stocks.  It’s a wide ranging discussion where Jordan provides some key technical levels to watch along the way, and why he feels these signals on converging on a point this Fall, possibly near September, were we should see the energy sector, general markets, Fed policy, and bond yields all set up in a way that makes a significant rally in gold and the mining stocks more probable.  



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    Jun 08, 2022 08:33 PM

    Updated Gold Bull Analogs

    Jordan Roy-Byrne CMT, MFTA – The Daily Gold June 07, 2022

    Jun 08, 2022 08:34 PM

    Video: Watch This Indicator for Gold

    Jordan Roy-Byrne CMT, MFTA – The Daily Gold June 06, 2022

    “A peak and decline in the 2-year yield, which would precede the next Fed rate cut, should be a major catalyst for Gold. Over the next few weeks, stable stock prices and a further rise in Oil could lead to expectations of a tighter Fed. However, over the months ahead, if fears of a recession replace fears of inflation, the Fed could do a quick 180.”

    Jun 08, 2022 08:39 PM

    Video: Oil Analysis & How It Will Impact Gold Miners

    Jordan Roy-Byrne CMT, MFTA – The Daily Gold June 01, 2022

    “Over the past 20 years there have been two major points at which a peak in the Oil price corresponded to a significant low in the gold mining stocks.”

    “Oil could be breaking out here and if it can push above $115, it has a clear path to $145-$150, the all time high. Oil’s term structure suggests it’s likely to make a peak over the coming months. Oil peaking and correcting could have significant implications for inflation expectations and Fed policy.”

    Jun 08, 2022 08:33 PM

    Swing Analysis:
    Oil Rising. Streaked at Lunchtime.
    NatGas didn’t. Barfed.
    Friday 08:30.

    Jun 09, 2022 09:12 AM

    You can hear a pin drop on this site. Remarkable.
    We’ll soon know if the velcro holds or let’s go for gold around this 1850 level.

    Jun 09, 2022 09:20 AM

    Maybe EX would wrap a story around this fact?…What effect on free market price?…Repression of gold or liberation of gold price…Or is this a meaningless neutral effort by the cartel?…Any assist is welcome…

      Jun 09, 2022 09:13 AM

      Larry thought cross my mind, that the sticky action around this 1850 level while silver and the producers big and small deteriorate is nothing more than hook. Hope not as I’m down about 15% on my half positon in an assortment of these. Bought when gold was scrapping just above1800.
      Will wait it out.

        Jun 09, 2022 09:15 AM

        Jonsyl..My day GDX has all sorts of support at 30.4 down to 29.29…basically that 5/12/22 swing low looks to want a retest…hope it will be light volume and reverses hard…and that is it…boom…..or if the reversal happens first in the morning one needs to pull trigger before volume is a clue..either way it could be important weekly type of low/ or not……glta

    Jun 09, 2022 09:57 AM

    For anyone following the fert plays…..nice player joining the DAN team

    Jun 09, 2022 09:19 AM

    Vix not showing the brewing crisis with conventional market over past month and a half that the pundits are proclaiming.

    Jun 09, 2022 09:00 AM

    Interesting interview discussing insider buying in mining stocks….equinox osisko and orezone

    Jun 09, 2022 09:12 PM

    IPT:SILJ filled its June 3rd gap today and has painted what might prove to be a bull flag.

    Jun 09, 2022 09:17 PM

    UUP (USD) is probably going at least 1% higher…

    Jun 09, 2022 09:39 PM

    Not so fast…Nem day shows an unconfirmed ABC down w target at 58.35….But not as high a probability event as a confirmed ABC down….always sumpin…lmao

    Jun 09, 2022 09:54 PM