Vince Lanci & Jordan Roy-Byrne: Fed Can't Stop, Won't Stop Epic Gold Breakout
The Daily Gold, Released on 3/17/23
Gold closed the week at $1973, surpassing key resistance at $1950. Gold also closed at a fresh all time high against the dollar foreign currency basket and at a 2-year high against the stock market. In this video Vince and Jordan discuss the key drivers for this move, the key levels moving forward, Silver and why Gold should ultimately make that major breakout this year.
0:00 Intro0:25 Jordan Preamble1:20 Vince Thoughts8:45 Vince Trading15:00 Macro Fundamentals19:00 Vince Fundamentals24:45 QE & QT28:12 Silver & Gold Stocks30:00 Vince on Silver31:50 Technicals35:50 Today's Move41:00 Fed Meeting43:30 Follow Vince
Vince Lanci is Managing Partner at Echobay Partners LLC. Vince founded Echobay after a profitable career running CiS Options and Berard Capital. The firm is a vehicle for expressing his and "friends and family" personal investment ideas. Echobay also consults on market structure, risk management, and legal cases involving fraud in markets. Vince is also a regular contribute to ZeroHedge.com
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.
Vince Lanci & Jordan Roy-Byrne: Fed Can't Stop, Won't Stop Epic Gold Breakout added by Herman James on 03/17/2023View all posts by Herman James ?+'