Jordan Roy-Byrne - Gold’s Consistent All-Time Highs, Stocks Still Lagging, USD and Interest Rates Falling
Jordan Roy-Byrne, CMT, MFTA, Editor of The Daily Gold joins us to share his insights on gold consistently extending all-time highs, why the stocks are not outperforming and how a falling US Dollar and interest rates are impacting these moves.
With gold experiencing nearly two weeks of consistent gains, reaching historic highs on the futures market over $2,550, Jordan shares his technical potential upside targets around $2,720. We also explore why gold stocks, particularly GDX and GDXJ, lag behind gold's rise despite higher margins for producers. Jordan delves into factors such as more shares outstanding and investor behavior.
We also touch on silver's potential to follow gold's upward trend, and the impact of a declining US dollar and interest rates on the precious metals sector.
