Jordan Roy-Byrne, Founder and Editor of The Daily Gold shares his thoughts on Platinum's move higher, Gold vs the miners, and what he is looking for in metals stocks. Platinum has historically lead gold at some major bottoms so if we continue to see some upward moves, and breaks above recent peaks the bullish argument could build some momentum. However on the metals stock side we are still seeing stocks move slowly. In no way bearish we might be in this trading range for a while longer.
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.