Jordan Roy-Byrne: Will a Recession/Bear Market Takedown Gold?
The Daily Gold, Released on 4/5/22
Some investors fear the potential of a recession and bear market to push Gold and gold stocks lower. In this video we review the history between Gold and gold stocks to the stock market and opine what could be ahead. It's important to note the long-term secular trends between Gold and stocks. One is in a secular bear when the other is in a secular bull. If and when Gold breaks above $2100, Gold will be in a new secular bull market. Gold will benefit from the coming recession and bear market.
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: Will a Recession/Bear Market Takedown Gold? added by Herman James on 04/04/2022View all posts by Herman James ?+'