With moving higher and GDX breaking out it is important to consider what US markets are doing as well. The gold stocks and US markets are still positively correlated but the gold stocks are far outperforming recently. Jordan Roy-Byrne joins me to share his thoughts on the charts for gold and gold stocks as well as the comparison to US markets. We also dive into the balance between the major and juniors.
Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDailyGold Premium, a publication which emphasizes market timing and stock selection for the sophisticated investor, as well as TheDailyGold Global, an add-on service for subscribers which covers global capital markets.