Following up on my last call with Jordan Roy-Byrne, Founder of The Daily Gold we discussed how gold stocks start moving 1-2 months before the first Fed rate cut happens. This recent bounce in the larger gold stocks especially are another market warning of an upcoming Fed rate cut.
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.