Jordan Roy-Byrne: When Will Juniors Outperform Gold Miners
The Daily Gold, Released on 3/22/22
In this video we analyze the performance of bigger juniors (GDXJ) against Gold. We also delve into history following the 2005 and 2009 breakouts. GDXJ juniors began to outperform hugely at the end of 2008 and especially when Gold consolidated in mid 2009. They also outperformed after the first leg higher in spring 2020 and after the first leg higher in 2005. I anticipate that GDXJ could begin outperforming over the weeks ahead and the smaller juniors as a whole (where there is quite a bit of low quality) could outperform around the time Silver breaks $30.
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.
Jordan Roy-Byrne: When Will Juniors Outperform Gold Miners added by Herman James on 03/21/2022View all posts by Herman James ?+'