Jordan Roy-Byrne – The Divergence Between Precious Metals And General Equities Signifies The Real PM Bull Market Has Begun
Jordan Roy-Byrne, CMT, MFTA, Editor of The Daily Gold, joins me to discuss the ongoing divergence between the rally in precious metals versus the corrective move in US general equity markets. This signifies that the real precious metals bull market has begun.
We review the recent rallies in gold and silver prices, as well as the precious metals equities, in relation to the S&P 500 or the 60 stocks/40 bonds portfolio. We discuss the capital rotation out of growth stocks and into gold and gold stocks, and what a secular precious metals bull market in real terms means for strength and duration of this coming move.
Wrapping up we discuss the importance of picking quality PM stocks as the key ingredient for outperformance, versus just being concerned about catching technical turns in the sector.
