Jordan Roy-Byrne, Fonder of The Daily Gold shares some data about the current sentiment in gold and the bounces we have seen over the past 17 months when at these levels. These prior bounces lead some to believe that at least a $100+ run is due but there are some other factors that are showing things might be different this time. The USD and interest rates all play a roll.
Mike Swanson is the editor of WallStreetWindow.com. For more about this website hit the about us page in the top navbar. To get on our free stock trading update list scroll on down and put your email into the subscribe box.
This Gold Chart Shows a Repeat of 1970s – Jordan Roy-Byrne (05/13/2021)
First, we get ‘shrinkflation’, then inflation runs out of control – Will Rhind – Source – Kitco News (05/12/2021)
Bitcoin will never be ‘digital gold’ and Central Bank Digital Currencies will kill cryptos – Roubini – Source – Kitco News (05/11/2021)
New Gold Rally Is Now Bringing Money Into These Top Small Cap Mining Stocks – Mike Swanson (05/10/2021)