In this KE Report Daily Editorial, we’re joined by Jordan Roy-Byrne, Editor of The Daily Gold, to dive into the current technical setup for gold, silver, and the mining equities. Gold is consolidating after a sharp rally, but the real story may be in the miners.
Jordan outlines the bullish price action in select gold and silver stocks, despite metals pulling back. We also explore why silver’s breakout level at $35 is crucial and how the current move compares historically.
Interview highlights include:
- Gold’s technical consolidation around $3,300 and why this may still be a bullish setup despite no imminent breakout
- Strength in gold equities, especially high-quality juniors, and why this divergence from gold could signal a healthy rotation
- Silver’s potential breakout at $35, and the significance of a weekly close above that level
- ETF flows and sentiment indicators, including the surprising outflows from gold ETFs despite ongoing strength in equities
- Historical comparisons and bull market timelines, projecting this secular metals bull could run well into the 2030s
Jordan also discusses the idea of silver eventually reaching $96 in this cycle and why the best-performing silver stocks may front-run the metal itself.
🔗 Visit The Daily Gold and check out Jordan’s YouTube channel for more in-depth insights