chart-driven precious-metals timing and buy signals
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Jordan Roy-Byrne presents as a precious-metals market technician and commentator, associated with TheDailyGold. He repeatedly frames his analysis around gold, silver, and junior miners, using technical analysis, sentiment data, and historical analogs. He emphasizes cycle structure, support/resistance, retracement levels, and multi-timeframe patterns, and he often speaks in terms of bottoms, rebounds, and secular bull markets. He also references his credentials as a chartered market technician and master of financial technical analysis, and positions himself as someone who has studied gold and silver for decades.
His recurring economic worldview is strongly bullish on gold and silver over the medium and long term, with corrections treated as normal within a secular precious-metals bull market. He repeatedly argues that short-term weakness can coexist with a bigger bullish setup, and that timing matters less for long-term holders than identifying major lows. He sees precious metals as driven by real rates, the yield curve, Fed policy, and capital rotation relative to equities. In his framework, rising real rates and curve flattening are near-term headwinds, while eventual Fed easing, higher inflation pressure, or broader stress in markets should support a major rally. He also tends to use historical analogs from prior gold breakouts to project the next leg higher.
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Preview:Jordan Roy-Byrne, a chartered market technician, delivers a reassurance-focused monologue on gold and silver's short-term pain versus long-term secular bull case. He acknowledges gold could drop to $3,620–$3,720 (a 45% retracement of the 2018–2026 rally, analogous to 2008), but frames any further decline as setting up a major bottom. Sentiment indicators from Sentiment Trader and Bank of America's fund manager survey show extreme bearishness historically associated with bottoms. The core thesis: a secular stock market peak and AI bubble crash will drive massive capital rotation into gold, propelling prices toward $21,000/oz based on monetary-base backing. Silver and miners are weak short-term but offer asymmetric upside for quality names held 12–36 months.
Preview:Jordan Roy-Byrne analyzes historical gold and silver corrections to estimate how long until new highs. Using analogs from 2008 and 1973, he estimates gold could return to highs in roughly 18 months (~$7,000 target), while silver may take around 3 years to reclaim $120-125. Silver stocks, however, could perform well sooner if silver reestablishes $70 as support.
Preview:Jordan Roy-Byrne, a chartered market technician, argues gold and silver are setting up for a multi-month rally. Using historical correction analogs (1971-73, 2006), sentiment indicators, and gold/stock-market ratio analysis, he sees either a bottom already in place or one final false-breakdown low ahead. Longer-term, he expects a secular bear market in stocks to coincide with a gold bull run, driving gold toward $7,000-$10,000 and silver above $100-$200 over 3-4 years. He emphasizes quality miner stock selection for leveraged upside.
Preview:Jordan Roy-Byrne presents a technical case that gold and silver have put in at least a short-term bottom, driven by positive divergence between miners and metals, oversold sentiment readings, and historical correction analogs. He expects a summer rebound with gold rallying toward ~$4,400 resistance and silver toward the high $60s, but warns the sector may need another pullback in the fall before a larger breakout. Long-term he remains structurally bullish, targeting $10,000 gold and $200 silver in the next 2-3 years.
Preview:Jordan Roy-Byrne, CMT, analyzes gold and silver positioning heading into July. He argues a short-term bottom is in place based on bullish positive divergence — mining stocks held while metals made new lows. The correction is framed as between an intermediate-term decline and a cyclical bear, not a secular peak. Fundamentals point to the 2-year yield as gold's key driver and a future equity bear market as the catalyst for gold reaching $7,000–$10,000/oz. Silver has likely entered a cyclical bear and will lag gold near-term. He sees a tradable oversold bounce underway, warns stiff resistance lies overhead, and suggests another buying opportunity may emerge later in summer or fall.
Preview:Jordan Roy-Byrne presents a macro fundamental framework for gold, arguing that rising real yields and a flattening yield curve explain the ongoing severe correction. He contends the market has already discounted at least one Fed rate hike, and historically gold bottoms before or at the start of hiking cycles, often ahead of the 2-year yield peak. The key signal to watch is the 2-year yield peaking (potentially near 5%), which could mark the end of negative fundamentals even before gold's final capitulation low.
Preview:Jordan Roy-Byrne, CMT, argues that gold and silver are setting up for a final selling climax — a "false new low" — that will trap bears before a major summer rebound. He cites still-bearish fundamentals (rising real rates, flattening yield curve) but emphasizes that sentiment indicators are flashing extreme bearishness and that gold often bottoms before fundamentals turn. He draws on historical analogs (1973, 2006 corrections), breadth metrics, and fund-flow data to frame the coming weeks as a classic capitulation-bottom buying opportunity, targeting gold around $3,850–$4,050 and silver around $55–$56. The video ends with a pitch for his premium service focused on junior miners.
Preview:Jordan Roy-Byrne argues that gold and silver are very likely at or extremely near an intermediate-term bottom after a sharp five-month correction, but he allows for one more flush lower. He thinks the setup is constructive because real yields and the yield curve are the main near-term macro headwinds, while longer-term underownership in precious metals and the still-bullish secular trend leave substantial upside ahead.
Preview:Jordan Roy-Byrne argues gold and silver are in the final capitulation phase of an intermediate-term correction and likely near a bottom before July. He ties the weakness to higher real and nominal rates, a flattening yield curve, and washed-out sentiment/breadth, while identifying support zones in gold, silver, and the miners as the setup for a coming buying window.
Preview:Jordan Roy-Byrne argues gold and silver are still in an intermediate-term correction, but the lows are probably already in. He thinks the next major upside leg will need either a steeper yield curve or Fed cuts, and he expects more time/consolidation before a stronger rebound starts.
Preview:Jordan Roy-Byrne argues that gold’s current pullback is an intermediate-term correction inside a larger secular bull market, not the end of the move. He leans on historical analogs, sentiment measures, and miner breadth to say the correction likely has a few more weeks to run before a more attractive bottom forms, while the larger upside could still be substantial over the next 2–3 years.
Preview:Jordan Roy-Byrne argues that the pullback in gold, silver, and miners has become more serious in the short run because the 30-year bond yield has broken out to a multi-decade high, which historically pressures precious metals. He still frames the move as an intermediate-term correction inside a secular bull market, not a top, and says the next major buying opportunity should emerge once the correction and breadth washout run their course over the coming weeks or months.
Preview:The video argues that silver is in a strong technical setup with key resistance at $95, near-term resistance around $88-$93, and support around $81, $78, and $72. The speaker thinks the current move is being reinforced by a China-driven supply/venue squeeze, but that a clean breakout above $95 is not imminent unless a new geopolitical or trade shock extends the tightness. Gold is presented as lagging, while copper, miners, and some commodities are used as corroborating evidence that the precious-metals complex is still in a broader bull market.
Preview:The speaker argues silver is in an intermediate-term correction inside a continuing secular bull market, and that the best historical analog is 2004 rather than 1974 or 2006. He says the recent selloff and low open interest suggest silver is already “sold out,” making a deeper collapse less likely and favoring a period of basing, consolidation, and then a grind higher.
Preview:Jordan Roy-Byrne argues the silver selloff is a mid-cycle correction, not a secular top. His core view is that silver has a durable floor around $50-$55, the gold/silver ratio has not yet reached a true secular peak, and the current weakness should ultimately resolve into much higher precious-metals prices over the next 1-3 years. He also thinks gold is in a corrective phase that could last into June or early July, with technical damage in gold/silver ratios being driven by a rotation back into tech and broad equities.
Preview:Jordan Roy-Byrne argues that the current gold and silver pullback is a healthy, boring consolidation inside a larger secular bull market, and he expects it to continue for a few more months before the next leg higher. His core framework uses historical analogs of gold’s major breakouts and suggests the current move could ultimately resemble prior post-breakout patterns that led to much higher prices, including a possible path toward $8,000 gold by late 2027.
Preview:Jordan Roy-Byrne argues that fears of a 2008-style collapse in gold, silver, and mining shares are misplaced. His core claim is that today’s backdrop is fundamentally different from 2008: housing is not levered the same way, private-sector debt has largely deleveraged, and government debt—not household debt—is the dominant imbalance. In his view, that points to an inflationary regime that is bad for bonds and the currency, supportive of gold/silver, and more likely to produce repeated stock bear markets and eventual stagflation than a single 2008-type deflationary crash.
Preview:Jordan Roy-Byrne argues gold and silver are still in a larger bullish secular setup, but the very near term looks vulnerable to a pause or pullback because both metals are testing heavy resistance after a sharp rebound from oversold conditions. He emphasizes that gold is approaching the 4,900-5,000 area and silver is near resistance around 81 and 90, while miners are also showing some distribution and not yet strong accumulation.
Preview:Jordan Roy-Byrne argues that smart silver investors should wait rather than buy now because silver is lagging gold, and gold itself is still working through a post-breakout correction that may last a few more months. He thinks the real silver buy signal will come after gold completes its correction, breaks back to a new all-time high, and confirms strength versus major risk assets and gold stocks.
Preview:Jordan Roy argues that silver’s next phase is not an imminent parabolic move to $200, nor an immediate collapse below the recent breakout zone. His core view is that silver and gold have already had a powerful breakout, are now in an intermediate correction/volatility-repair phase, and likely need months of consolidation before the next leg higher.
Preview:Jordan Roy-Byrne, CMT, analyzes gold's approach to its 200-day moving average as a rare and historically bullish buy signal. He compares the current correction to 1973 and 2006 analogs, both of which saw an initial low, a rebound, and then several months of sideways-to-lower grinding before the bull market resumed. He expects gold to ultimately bottom in 2-3 months, driven by a macro shift from inflation fears to recession fears that forces the Fed to cut. Silver is lagging and he expects gold to continue outperforming via a bullish gold/silver ratio setup. Mining stocks show extreme oversold breadth readings that support a short-term bounce, but technical damage means the correction needs more time.
Preview:The speaker argues that the current gold and silver sell-off is an intermediate-term correction (not a crash) following a historically analog pattern from 1973 and 2006. Gold is near a short-term bottom with $4,250–4,260 as key support, then a bounce expected, followed by choppy grinding into a final low around May/June 2026. Silver looks technically worse, potentially targeting ~$55. The fundamental driver is oil-driven inflation forcing rate-hike expectations, with the reversal coming when recession fears overtake inflation fears and central banks pivot to cutting. Miners (GDX, GDXJ, SILJ) are at extreme oversold breadth (0% above 20/50-day MAs in GDXJ), setting up a tactical rally toward 120–125 on GDXJ.
Preview:A veteran silver analyst argues silver has just completed a historic breakout from a 45-year "perfect" base — an event he ranks as the second-greatest breakout in capital markets history behind only the 1970s commodity/gold breakout. He contends the current move is not a cyclical peak but an intermediate-term peak, expecting several months of choppy consolidation before a move beyond $100. He supports this with charts on silver vs. the S&P 500 ratio, the gold-silver ratio (still in the 60s vs. the 1973 low of 27), and very low silver ETF allocation relative to 2011, suggesting the retail/public mania phase has not yet arrived.
Preview:The speaker presents a framework for timing bottoms in silver, gold, and gold miners using historical analogs (1972-74, 2005-08), technical levels, and sentiment indicators. Gold is in its first major post-breakout correction and the historical analogs suggest 5-month corrections, implying more time and potentially a test of the 200-day moving average (currently ~4030, rising ~$200/month). Silver at $80 shows relative weakness; key supports at $70 and $64. The speaker argues the correction is healthy and will set up a much larger move in H2 2026, with gold stocks eventually resuming their multi-year breakouts.
Preview:The episode is a gold-and-miners interview centered on the Iran war’s market impact. Vince Lansancity argues war is usually oil-led in the first 90 days and gold-led in the next 90, so he is not chasing gold immediately; he expects oil to stay firmer near term, then gold and miners to benefit as stagflation, Fed cuts, and war-related uncertainty filter through.
Preview:Gold analyst presents two scenarios: a near-term test of the 200-day moving average (currently ~4,000 and rising fast), or a final impulsive move above $6,000 before that test. He leans toward a test coming within 9-12 months. Historical analogs — the 1972 and 2005 breakouts — point to $7,000 gold in ~12 months. Gold and silver are rangebound (gold $4,600-$5,400; silver $70-$95), miner ETFs show bearish weekly candles, and he sees a likely C-leg down with patience required before the next leg higher. He promotes his premium newsletter service.
Preview:The speaker argues the current gold and silver rally is unlike any prior bull market — not 1979-80 or the 2000s, but most analogous to the early 1970s. The defining feature: chronic underallocation to precious metals across hedge funds, professional investors, and retail, meaning corrections are sharp but very short as sidelined money rushes in. Silver breaking above $90 spot is a major bullish signal. Gold-to-equity and gold-to-tech ratios are breaking out of multi-year bases, indicating capital rotation out of tech stocks into precious metals and miners. GDX and GDXJ have broken 12-year bases against the S&P 500. The analog target for gold is ~$7,000 in 12 months, and the speaker believes the move could exceed that average.
Preview:The speaker presents a secular bull case for gold and silver using three multi-decade ratio charts: gold/US-monetary-base (suggesting gold above $20,000), gold/silver ratio (projecting below 20 implying silver above $1,000), and silver/S&P-500 (showing silver deeply undervalued vs stocks). He then pivots to near-term technicals: silver bounced from ~$70 support but isn't "out of the woods"; gold showed news-driven strength; and gold/tech and gold-stocks/tech ratios signal capital rotation into precious metals. The GDX advance-decline line made a higher high, which he reads as a leading bullish signal for miners. A premium service pitch for junior miner stock picks rounds out the video.
Preview:Vince Lanci argues silver’s post-spike selloff is a healthy correction after a China-led squeeze, not a broken secular bull, and he thinks the real issue is changing market structure rather than COMEX “failing” outright. He and the host use monthly and moving-average levels—especially 66.62, 64, 56, and 50—to frame the next few weeks, while remaining bullish on miners, gold, and the broader commodity complex over a longer horizon.
Preview:The speaker argues gold and silver are in an intermediate-term correction within a secular bull market. He sees gold potentially testing its 200-day moving average (~$4,000 area in spring) and silver at risk of breaking $70 to retest $55 breakout support. Despite near-term bearishness, he highlights bullish structural signals: gold/S&P ratio holding its breakout, GDX advance-decline line making higher highs, and speculator positioning unwinding toward levels that historically coincide with bottoms.
Preview:Silver has crashed from its recent blue-sky breakout highs and is likely entering a rangebound "hard slog" lasting through winter into spring. The speaker argues against both moonshot calls ($200–$500) and crash predictions (below $50), instead presenting a base case of consolidation between ~$55 support and $87–$100 resistance. Gold is similarly expected to trade a $4,400–$5,000 range. Both metals remain historically cheap in real terms, and the structural bull thesis is intact.
Preview:A solo analysis arguing that the recent sharp selloff in silver (~27% intraday drop to $77) and gold is not a secular peak akin to 1980 or 2011, but rather an intermediate-term peak within an ongoing cyclical bull market. The speaker uses historical analog charts (1971-73 gold move, 45-year silver base breakout), Fibonacci levels, 200-day moving average projections, and gold-stock rotation data to frame the correction as a healthy reset that will take months to consolidate before the next leg higher into late 2025/2026.
Preview:Silver has surged into triple digits in a historic breakout from a 45-year base, which the speaker calls the second greatest breakout in capital markets history. He presents two near-term scenarios: a run to $105-110 then correction to ~$80, or a parabolic move to $130+ before a deeper pullback to ~$85. Key Fibonacci levels are $79 (support) and $127 (resistance). The speaker's big-picture thesis is that this is not 1979 — the secular bull has much further to run, with the gold-silver ratio (currently ~48) potentially compressing toward 15-18 at a secular peak. Gold miners are breaking out against both the S&P 500 and gold itself, but the speaker warns that 52-week-high readings and vertical price action signal potential blowoff risk. He advises caution, suggesting trimming profits if upside continues in the next week, while maintaining a very bullish 12-18 month outlook.
Preview:The speaker argues that gold has just triggered a "generational signal" by breaking out to new highs against the S&P 500 — a ratio breakout last seen roughly once in a generation. He walks through multiple ratio charts (gold vs S&P, gold vs Bitcoin, gold vs NASDAQ 100, gold vs MAG7, gold miners vs S&P) to argue capital is rotating out of equities, crypto, and tech into gold and gold stocks. He presents historical analogs (1972, 2005 breakouts) suggesting gold could reach $7,000–$9,200 within 12–18 months, with a possible sharp correction around $6,000. The video is a bullish gold thesis framed around ratio breakouts rather than just nominal price.
Preview:A solo chart analysis arguing silver is in the early phase of a secular bull market after breaking a 45-year base, with a measured target of $96 near-term, a correction to low $80s thereafter, and an eventual parabolic move above $1,000 in the 2030s. The speaker ties the thesis to historical analogs (gold 1972, silver 2010, copper 2005), S&P 500 ratios, and improving gold-stock flows.
Preview:A Daily Gold interview argues silver’s breakout is real, under-owned, and potentially entering a highly explosive phase. The guest, Vince Lansancy, ties technical breakout levels to supply shortages, producer hedging dynamics, geopolitical fragmentation, and a broader move toward mercantilism and inventory hoarding.
Preview:Silver just closed at its highest weekly close ever ($79), and the speaker argues the "silver crash" narrative from outlets like Barron's is a recurring playbook designed to shake retail out. His core thesis: silver broke out of a 45-year base — the second-greatest breakout in capital markets history — with a measured target of ~$100 and historical analogs pointing well beyond. He extends the bull case to gold miners (GDX, GDXJ, SIL, SILJ) and copper, framing the precious metals bull market as still early given ETF flow data showing investors are barely beginning to allocate to miners.
Preview:Silver has broken out of a 45-year base to new all-time highs — a setup the speaker calls the second-greatest breakout in capital markets history. Unlike 2011 or 1980, silver is coming off a historic low in real terms and against equities. The measured move targets are $88–96, and the speaker sees a near-term correction to the $55–64 zone before a consolidation and eventual run toward $100+. A gold-vs-S&P 500 breakout would supercharge the entire precious metals sector.
Preview:Silver has just broken out of a 45-year base in what the speaker calls "the second greatest breakout in the history of capital markets," with measured upside targets of $87 and $96. After surging 17% last week and 10% on Friday alone, silver at ~$79 is extended and may see a small correction (10-12% max), which the speaker frames as a final buying window before the move to triple digits. He argues that copper's concurrent multi-decade breakout, gold's strength vs. the S&P 500, and healthy miner breadth all confirm silver is at the beginning of a huge move, not near a top. No major correction is expected until silver exceeds $100.
Preview:Gold has closed at new all-time highs above the October peak of ~$4,400, entering what the speaker calls a "new phase." He highlights a 12-year base breakout forming in the gold-to-S&P 500 ratio, technical upside targets near $4,900–$4,975, and a longer-term analog-based projection of ~$7,000 by Q1 2027. Sentiment and ETF allocation data suggest chronic underallocation to gold, leaving ample room for capital inflows. Miners are flagged as attractively valued at ~8x forward cash flow. He cautions that a 20–25% correction is likely along the way, possibly around $6,000.
Preview:Silver has surged ~50% in two months and is short-term extended, with Fibonacci targets at $68 (daily) and $73 (weekly). The speaker presents a nuanced two-part message: historic breakouts rarely see big corrections, yet silver could pull back over the holidays into the new year, offering a buying opportunity. Miners (GDX, GDXJ, SILJ) are making new highs but aren't as extended as silver. The larger structural thesis remains intact: silver targets $95–$100, supported by breakout analogs from copper (2005) and oil (1980s) after multi-decade bases.
Preview:The speaker argues that gold is in the early stages of a secular bull market driven by chronic underallocation across retail investors, institutions, hedge funds, and investment professionals. Using charts from Goldman Sachs, Bank of America, and independent analysts, he shows gold ETF allocations are at fractions of a percent — well below prior peaks — despite gold having doubled in the last ~18 months. He frames this as a supply/demand imbalance: too much sidelined capital will eventually chase gold, silver, and miners higher, with minimal corrections along the way. A historical breakout analog suggests gold could reach $7,000 within 14–15 months.
Preview:The speaker presents a super-bullish long-term case for silver based on historical all-time-high breakout analogs, targeting $87–100+/oz within 5–9 months. The warning is that the path will be volatile with sharp snapbacks and constant "overbought" calls from skeptics. Short-term, silver hit $64 before pulling back to ~$62, with support at $57 and $54. Gold faces resistance near $4,400 with support at $4,200–4,250. Miners showed a bearish reversal day, and a multi-week consolidation would be healthy. The speaker promotes a junior miners newsletter.
Preview:Vince Lansancy argues silver is still in an orderly, fundamentally tight market and has not yet entered a true short squeeze. He says the key tell is lease rates, not price alone: backwardation and delivery deferrals show stress, but a real squeeze would show up first in lease rates and then in a vertical price move. He also extends the bullish case to gold and miners, saying the precious-metals complex is still underowned and has room to re-rate as investors and central banks shift allocation.
Preview:Silver has broken out to a new all-time high and is outperforming gold, with the gold-silver ratio breaking below 75 to a 4-year low. The speaker presents analog charts suggesting silver could reach $80 by mid-2026 and potentially $100+ if it follows the 1972-74 pattern. Gold remains $200 below its all-time high in a developing bullish consolidation. Mining stocks show positive advance-decline divergence but face resistance at October highs. Short-term silver targets are $62-66, with support around $54.
Preview:The speaker argues that gold and silver are nowhere near a 2008-style cyclical peak because institutional and private client allocation to precious metals remains extremely low (~0.4% private, 2.4% institutional at BofA). He compares today's macro backdrop to the early 1970s rather than 2008, emphasizing that a secular bear market in bonds means the next stock market downturn will see capital flow into gold rather than bonds, potentially fueling an accelerated PM rally. He dismisses "macro doom porn" and urges viewers to focus on company analysis and have a plan for the eventual cyclical top.
Preview:Silver has broken above $54/oz, confirming what the speaker calls "the second greatest breakout of all time." The speaker abandons his prior consolidation thesis and now targets $100/oz silver within 7–11 months, based on historical breakout analogs (1967, 1973, 1978). Gold is also trending higher toward $4,400+ but is lagging silver. The speaker argues that historically low precious metals allocations (0.4% of BoA private client portfolios, only 2% of total ETF assets) mean this cyclical move will go "sharper, faster, and probably longer than everyone expects." He also outlines his junior miner stock selection criteria: big projects, big margins, and holding until extreme overvaluation.
Preview:The speaker analyzes gold relative to tech/AI stocks using ratio charts, arguing that gold vs. NASDAQ, XLK, and MAG7 are forming complex inverse head-and-shoulders bottoms. A breakout in these ratios would signal capital rotating out of tech/AI stocks into gold, driving gold significantly higher toward $5,000-$7,000+. The gold/MAG7 ratio at the 66-68 resistance zone is the key signal to watch.
Preview:A solo technical analysis video outlining three signals to watch for gold's correction bottom: (1) sufficient time passing (~5 months historically), (2) a test of the 200-day moving average, and (3) declining gold volatility (GVZ). The speaker sees gold in a multi-month corrective phase, expects a likely retest of recent lows, and identifies key support levels for gold (~$3,900), silver (~$45-46 then $40-41), GDX, GDXJ, and SILJ.
Preview:The speaker argues Bitcoin has entered a bear market after breaking below its 400-day moving average and forming a double top. He draws analogies to prior 76-84% crashes and expects a bearish consolidation before further downside. The core thesis: the Bitcoin/gold and Bitcoin/silver ratios have formed secular bottoms, meaning gold and silver will strongly outperform Bitcoin for 5-10 years as capital rotates out of crypto into precious metals.
Preview:Silver has broken to a new all-time high only four times in 60 years — and we are now at such a moment. The speaker argues the best historical analog is 1973, not 1978–79, implying a massive breakout from a nearly half-century base is underway. After the current correction/consolidation resolves, silver could double to $100/oz in 7–11 months. Gold is only 18 months into a breakout from a 13-year cup-and-handle, analogous to its early post-1971 breakout. Short-term, both metals are in a correction (three legs: down-up-down), but a positive divergence in the GDX advance-decline line signals miners are ready to "blast off" once the consolidation ends. The speaker advises patience and buying into weakness, particularly if gold breaks below $3,900 or silver retests the low $40s.
Preview:The Daily Gold hosts a monthly recap with Professor Vince Lansancy on whether gold and silver have already bottomed after a sharp correction. Vince says yes, if forced to choose, he thinks the lows are in, arguing that the recent washout, repeated tests of support, strong rebound candles, and behavior of physical buyers across time zones all look like prior bullish consolidation phases rather than a failed trend.
Preview:Jordan Roy-Byrne argues that gold and silver are in a post-breakout correction within an ongoing secular bull market, not a trend reversal. He expects the pullback to run its course over roughly months rather than weeks, sees potential support around gold $3,600–$3,700 and silver in the low $40s, and thinks the next major leg higher could be very large once the correction and breadth washout finish.
Preview:Gold and silver are in a correction/consolidation phase that likely needs months — not weeks — to complete. The speaker pushes back against parabolic 1979-style analogies, arguing that gold vs. S&P 500 ratio resistance and historical post-breakout correction patterns point to a 6-month grind before new highs become possible. Near term, oversold bounces in gold, silver, and miners are underway but likely to fizzle, with gold potentially testing $3,600–$3,700 and silver down to high $44s. A bullish breadth divergence in GDX's advance-decline line is the one short-term bright spot.
Preview:Jordan Roy-Byrne argues the recent surge in gold and silver was overextended and is now in a healthy correction, but he says the larger secular bull market is still early. He uses historical breakout analogs to suggest gold may bottom around its 200-day moving average, while silver’s pullback may set up another major leg higher once the correction finishes.
Preview:Jordan Roy-Byrne, CMT and founder of The Daily Gold, frames the current macro environment as analogous to the mid-to-late 1960s: bonds in a secular bear, stocks and gold both in secular bulls. He sees gold and silver in an intermediate correction (gold to ~$3,500-3,700, silver to low $40s) before the next major leg up. His core advice: ignore macro doom porn and focus on researching individual junior mining companies that can perform even if metals prices stay flat. He identifies gold breaking out against the S&P 500 as the key catalyst for gold to eventually double and silver to hit $100.
Preview:The speaker identifies two historical signals that precede major gold rallies: (1) gold bottoming around its 200-day moving average after a post-breakout correction, and (2) gold breaking out against the S&P 500 from a multi-year base. He argues gold is currently in the correction phase and expects a bottom near the 200-day MA (projected ~3,600 by year-end), followed eventually by a breakout from a 12-year base against equities that could drive gold to $5,000–$8,000.
Preview:The speaker presents a correction analog for gold following its major breakout, averaging three historical corrections (1972-73, 2005-06, and 2024) to project a ~5-month correction bottoming near $3,600-3,700 before new highs ~6.5 months out. For silver, the 2010 analog is favored, suggesting a sharp correction followed by consolidation and an eventual run to $130 by March 2027. The near-term view is bearish: the current bounce is an oversold reaction, resistance sits at $4,050-4,100 gold and $50-51 silver, and miners' weekly candles mark a significant top that won't resolve in two weeks.
Preview:The speaker argues that gold and silver are following a 1960s-70s playbook rather than the 2000-2011 cycle, driven by a secular bear market in bonds that began after COVID. He contends this shifts how corrections, volatility, and stock market behavior should be interpreted, and that the precious metals bull market has years left to run — potentially into the 2030s.
Preview:The speaker presents a historical analog framework for gold's current correction, arguing that gold has had only three major breakouts in 60 years — 1972, 2005, and the current one — and that the ongoing pullback is the first post-breakout correction of this cycle. He targets ~$3,700 gold (15% down), low $40s silver, and specific support levels for GDX, GDXJ, SIL, and SILJ. Using blended historical analogs, he projects gold could reach ~$6,700 by February 2027 after a ~5-month corrective phase. The video is primarily a technical/chart-driven weekly wrap-up with a promotional pitch for his premium service.
Preview:The speaker presents a historical-pattern thesis: every time silver broke out to a new all-time high in the modern era (1967-68, 1973, 1978), the price subsequently doubled within 7–11 months. He argues silver is now on the verge of its fourth such breakout above $50/oz on a monthly close, and once it clears that level for good, it will double to ~$100 by spring/summer 2026. He expects a near-term correction lasting weeks to a couple of months, potentially finding support at the 150-day moving average, before the sustained breakout. Analogous breakouts in copper (2004) and oil (2004-05) from multi-decade bases are cited as supporting evidence.
Preview:A technical-analysis-driven market recap arguing that gold, silver, and mining stocks have likely put in an intermediate-term peak on October 17, 2025. The speaker cites bearish candle patterns (shooting stars, hanging man, bearish engulfing), extreme call/put volume spikes in GLD and SLV reminiscent of 2011 and 2020 peaks, and persistent miner underperformance as converging evidence. He identifies gold support at $3,600–$3,700 and silver support around $39–$42, expects the 200-day moving average to be tested, but stresses this is NOT a secular peak — the gold/silver ratio near 81–83 is nowhere near the ~15 level that marks true bull-market endings.
Preview:Vince Lanci (GoldFix/Echo Bay Futures) and host Jordan (TheDailyGold) analyze the silver breakout through $50 and gold's surge above $4,200. Lanci explains the London silver squeeze — lease rates hit 35%/month as London can't source metal from the US or China due to trade-war dynamics — but argues the real driver is global ETF buying (China, India, US) plus the Trump-Xi rare earths conflict. Silver is breaking a 45-year base; historical analogs (1967, 1973) suggest rapid doubling is possible. On gold, macro discretionary hedge funds re-entered above $3,500; BofA's Hartnett sees a potential spring peak at $6,000. Both speakers view pullbacks as likely shallow (floor now ~$3,400-$3,500 in gold) and the bull market as having room to run. Lanci flags structural risk in the LPPMCL clearing network, suggesting a hidden counterparty problem that likely won't surface publicly until after it's resolved.
Preview:Jordan of TheDailyGold recaps a historic week with gold closing above $4,015 and silver above $50, but warns the move is exhausted. Bearish reversal candles across GDX, GDXJ, SIL, and SILJ signal a peak and an imminent correction lasting weeks to months. He outlines gold support targets at ~$3,750, $3,600, and the 200-day MA (~$3,500–3,600 by year-end), and silver support at $41–42. Despite the near-term caution, his long-term thesis is aggressively bullish: silver is setting up in a "beautiful cup" that, after consolidation, will break $50 and run to $95–$100 within 12–18 months. He advises against buying now and suggests using the coming correction to research silver stocks for the next leg.
Preview:Gold has broken through $4,000, and Jordan frames this as "the end of the beginning" of both a secular and cyclical bull market in gold. He uses three technical/historical frameworks — monetary-base backing, 200-day moving average duration, and an all-time-high breakout analog chart — to argue that gold has much further to run (targets ranging from $4,700 to $22,000 depending on the model), but is tactically overbought and due for a meaningful correction (15–28%) after some additional upside. The core narrative fuel: institutional and private-client gold allocations remain extremely low despite the 18-month rally.
Preview:Jordan recaps a strong week in precious metals, with gold up ~3%, silver up 4% near $48, and miners continuing to rally. He argues the 1972-1974 analog is the strongest historical comparison, warns of an imminent intermediate-term peak as silver approaches $50, and advises holding/trimming rather than buying. Long-term, the breakout in gold stocks vs. the 60/40 portfolio signals a secular rotation just getting started, with silver positioned for a "moonshot" above $50 after a multi-month correction.
Preview:Silver is breaking out against the 60/40 portfolio (stocks+bonds) on daily, weekly, and monthly timeframes — a signal the speaker argues has historically preceded massive silver bull runs. This breakout follows gold's own breakout against the 60/40 earlier this year, which already triggered huge moves in GDXJ and silver. The speaker sees this as evidence that capital is rotating from conventional investments into precious metals, with silver now at $46-47, targeting $50, $58 (Fibonacci), and eventually $100 in 12-18 months.
Preview:Jordan of TheDailyGold recaps a strong week for precious metals: gold at $3,754, silver surging 7% to close above $46, and miners continuing their rally. He argues silver has broken through the $42-$44 resistance zone and is now poised to retest $50 — the top of a 45-year base — setting up what he calls the "second greatest breakout in capital markets history." While acknowledging an intermediate-term peak is likely soon given overbought conditions (he calls GDX's chart a "rhino horn"), he sees room for silver to run to $50-$55. He also highlights capital rotating from conventional 60/40 portfolios into gold stocks as a structural tailwind.
Preview:Jordan analyzes silver's recent breakout and argues it is now the best indicator for timing an intermediate-term peak in precious metals. He sees silver's move from $44 toward $50 as a likely blow-off signal, with the gold/silver ratio diving toward 75-80 as gold reaches ~$4,000. Historical analogs (1972, 2004, 2006) and real-term breakouts against equities and bonds support the thesis that capital rotation into silver is fueling the final leg, with rate-of-change indicators still showing room to run before becoming historically overbought.
Preview:Jordan Roy-Byrne of The Daily Gold analyzes precious metals charts and argues gold and silver are likely approaching an intermediate-term peak, but not before a potential "mini blowoff" that could push silver to $49/oz and gold to its next measured targets at $3,750-$3,950 or even $4,000. He sees breadth and momentum indicators flashing warning signals — GDX new highs are at extreme levels — while relative strength charts suggest more near-term upside before the correction. The core message: let winners run and trim, but do not aggressively buy here.
Preview:Jordan of TheDailyGold lays out a framework for when and how to take profits in gold and silver stocks, arguing that the GDX sector is signaling an imminent medium-term correction based on extreme new 52-week highs. He advocates a "buy, hold, and trim" philosophy — selling fractions of positions rather than exiting entirely — and walks through a checklist: sector breadth extremes, "rhino horn" chart patterns, portfolio concentration thresholds (10-15%), company stage (explorer vs. developer/producer), and relative fundamental valuation at current metals prices. He sees the correction as likely lasting 2-4 months but stresses a company-by-company approach since dispersion will be wide.
Preview:Jordan Roy-Byrne reviews the week's precious metals action, noting gold (+1%), silver (+3%), and miners (+5-6%) all rallied strongly. His core thesis: extreme breadth readings in GDX/GDXJ new highs are flashing an interim peak warning, likely coinciding with the Fed's expected rate-cut restart next week. He projects gold could reach $3,750-$3,950 before correcting, while GDXJ's 20-day exponential moving average of new highs at 44% dwarfs all prior peaks. The correction could last months, potentially into early 2026, but the secular bull market remains intact with miners having just broken out of 12-year bases against the 60/40 portfolio.
Preview:Jordan of TheDailyGold presents historical analog charts for gold and silver bull markets, projecting gold toward $5,000–$7,400/oz by late 2026–2027 and silver toward $57–$109/oz by mid-2026. He argues the current breakout from a 13-year cup-and-handle pattern is the second-largest in gold's history and should produce a stronger-than-average cyclical move. Silver's key level is $50; a break above would trigger an explosive rally. Junior silver stocks could see 20x+ returns but carry severe survivorship bias. The most bullish case implies a debt crisis unfolding within 18 months.
Preview:Jordan reviews the week's precious metals action: gold broke out to a new all-time high near $3,600 with a breakaway gap, silver stalled at its $41 measured target, and gold/silver miners are dangerously overbought on breadth indicators (GDX new 52-week highs hitting 85% of constituents). He sets gold upside targets at $3,750 and $3,950, warns of an imminent interim peak in miners, and flags a historic breakout in gold stocks vs. the 60/40 portfolio as a structural signal that capital is rotating into precious metals.
Preview:Jordan Roy-Byrne argues we are at the start of a new secular bull market in gold, silver, and miners, not a replay of 2008. He bases that on long-term chart breakouts, a secular bear in bonds, and capital rotation patterns that resemble the mid-1960s and early 2000s more than the pre-2008 setup. He is especially bullish on silver’s eventual upside, the miners’ profitability, and select juniors/developers, while calling government gold revaluation mostly noise.
Preview:Jordan hosts Vince Lansancy for a monthly precious-metals recap. They agree gold and silver are in powerful breakouts, with silver especially notable at a 14-year high and gold at a new all-time monthly close. Vince is bullish but cautious: he thinks the move may be nearing a tradable intermediate peak because prices are far above moving averages and sentiment is getting crowded, even though macro funds and underinvested professionals may still have to chase the trade.
Preview:Jordan analyzes silver's technical setup across multiple timeframes, arguing the metal is within a massive 45-year base that will eventually produce the biggest breakout in capital markets history. Near-term target is $41-43, with resistance there likely causing a pause or pullback. He uses intermarket analysis (silver vs 60/40 portfolio, vs S&P 500) and historical analog charts to project a breakout above $50 sometime in 2026, with a measured move toward ~$96 and potentially $100 silver by late 2027 or early 2028.
Preview:Jordan says gold and silver have broken out strongly, with gold clearing $3,500 and silver nearing/clearing $40, but he thinks the move may be near an interim peak rather than the start of a straight run to $4,000. He likes the breakout, especially relative to the stock market, but warns that miners are getting overbought and breadth is stretched enough to make a correction likely within days or weeks.
Preview:The speaker argues that gold and precious metals investors should not fear a 2008-style crash because the macro backdrop is fundamentally different: the bond market is in a secular bear (first in 40+ years), household/corporate leverage is near 55-year lows, gold ETF allocation is under 2% (vs. ~8% pre-2008), and gold broke out against the 60/40 portfolio less than a year ago. He draws on historical analogs — particularly the inflationary 1960s-70s — to argue the current setup more closely resembles that period, with an inverse correlation between stocks and gold likely emerging as capital rotates out of equities.
Preview:George of TheDailyGold recaps a strong week for precious metals, noting GDX and GDXJ breaking higher with silver approaching $40. He highlights miner outperformance vs metals, multiple measured upside targets (GDX to 63, GDXJ to 81-82, silver to 41-42), but warns breadth indicators are hitting extreme overbought levels that signal an interim peak is likely soon. He remains structurally bullish but tactically cautious on near-term timing.
Preview:The speaker presents a technical analysis of gold using historical breakout analogs (1972, 1978, 2005, 2009) to argue that after the current correction toward the 200-day moving average completes (next 1-3 months), gold will enter a powerful rally. The weaker analog average projects ~$5,800-$6,000 by early 2027, with the 2005 analog alone reaching ~$5,000 by October 2026. He emphasizes this is probability-based, not a prediction, and notes silver will also benefit, targeting $50 and beyond.
Preview:Jordan presents a technical and macro thesis that gold and silver miners have entered their "prime window" for outperformance against the metals and the broader stock market. He anchors the argument on the inflation-adjusted gold and silver price (gold/CPI, silver/CPI) breaking out of multi-decade bases, which historically correlates with miner outperformance. He highlights GDX, GDXJ, SIL, and SILJ breaking out of multi-year bases against their respective metals and against equities. He projects this sweet spot could last another 12-18 months conservatively, with the key risk being a sustained oil rally above $75-90 that would accelerate cost pressures.
Preview:Gold remains in a multi-month bullish consolidation/correction (now ~4 months in) that could last another month or more with potential to test the 200-day moving average around $3,175-3,200. Meanwhile, gold and silver miners — especially juniors (GDXJ, SILJ, GOEX) — are showing relative strength, breaking out technically, and outperforming the metals. The speaker attributes this to fattening margins (low oil, rising metals prices) and significant long-term breakouts in inflation-adjusted gold and silver. Near-term risk is extreme breadth (99% of Hui stocks above their 200-day MA), suggesting a possible interim peak in the coming weeks if GDX reaches 63-65.
Preview:Jordan of TheDailyGold reviews an explosive week for precious metals stocks — SIL/SILJ up 14-15%, GDX/GDXJ up over 10%. Gold itself hasn't broken out yet and is still in a bullish consolidation ~3.5-4 months in (historically ~4.5-5 months). Silver successfully retested its breakout and targets $40-42. Silver stocks broke out of a 12-year base. The speaker urges buy-and-hold discipline, warns that breadth indicators suggest an intermediate-term peak may arrive in 1-2 months, and expects a near-term pullback to fill exhaustion gaps before further upside.
Preview:Jordan Roy-Byrne argues gold has already broken out in a major secular bull market, with the immediate setup still constructive but not necessarily finished. He is more confident in the next two to three years than in the next few weeks: short term he thinks gold may still need more time to consolidate, while medium term he expects the breakout to extend and eventually pull silver and gold equities higher. His framework is built on intermarket analysis, long-duration bases, and historical analogs such as 1972 and 2006, and he repeatedly emphasizes that his portfolio work is about buying quality juniors with real value rather than gambling on drill holes.
Preview:The episode is a monthly gold-and-silver market discussion focused on stagflation risk, Fed constraints, and why miners and silver may outperform gold in the near term. The guest argues that weak jobs data plus sticky inflation would leave Powell unable to cut cleanly, which would keep bid pressure on precious metals while banks and producers increasingly hedge higher prices.
Preview:Jordan from TheDailyGold delivers a technical deep-dive on gold's 3.5-month consolidation range ($3,175–$3,450). He argues the sideways action is historically normal after a large impulsive rally in a secular bull market. Using Bollinger Band bandwidth, GVZ (gold VIX), and real-return charts (gold vs. equities, currencies, commodities), he concludes gold needs more time — not necessarily more price downside — before the moving averages catch up and volatility compresses enough to set up the next leg higher. Historical analogs from 1972 and 2005 suggest 4–5 month corrections before resumption.
Preview:Jordan reviews a tough week for precious metals: gold rebounded sharply on Friday but silver, miners, and juniors all lagged significantly. He frames the sector as still in correction/consolidation, uses historical analogs (2006, 1972) to suggest 1-1.5 more months of sideways action, and identifies key support levels across gold, silver, GDX, GDXJ, GOEX, and SIL. The big-picture thesis remains bullish — he highlights multi-year base breakouts and the GDX vs. 60/40 ratio as the structural setup for a major move — but near-term caution dominates.
Preview:Jordan presents a secular bull market thesis for gold, silver, and hard assets (including copper) that he argues will run well into the 2030s. Using historical analogs — 1929, 1968, and 2000 stock market secular peaks — he contends that after each equity peak, hard assets outperformed for roughly a decade or more. He highlights recent technical breakouts: gold from a 13-year cup-and-handle pattern, gold breaking out against the 60/40 portfolio, gold's inflation-adjusted breakout from a 45-year base, and a similar massive base breakout in copper. He references Jurrien Timmer's work suggesting the S&P 500 real total return secular bull could peak around 2026–2027, implying hard assets have a long runway ahead. He cautions that the stock market bull is still ongoing (overlap phase), meaning hard assets are in "the first or second inning."
Preview:Jordan of TheDailyGold reviews precious metals for the week ending July 25, 2025. Gold remains in a bullish consolidation, testing support at the 50-day moving average, needing more time before its next leg higher — historical analogs suggest the next breakout may not begin until late August to mid-September. Silver's bull flag pattern has likely failed, though an ascending triangle still projects to $41-42 with strong support at $35. Gold stocks (GDX, GDXJ) show encouraging hammer candles, and the speaker flags a potentially massive breakout in GDX vs. a 60/40 portfolio from a 12-year base.
Preview:David Morgan argues silver is in a structurally tighter market than most investors realize, with the commercial/wholesale side much tighter than retail pricing suggests. He remains bullish into the 40s and expects a likely test of $50, but thinks the more important pattern is a stair-step advance that can build a durable base rather than a one-shot parabolic spike.
Preview:Jordan reviews the three most significant breakouts already seen in this gold secular bull market (gold vs 60/40, gold's 13-year cup-and-handle, and gold vs CPI), then previews three breakouts still ahead: silver vs 60/40, gold stocks (GDX) vs 60/40, and silver through $50 — which he calls the second-biggest breakout of all time after gold in 1972.
Preview:Jordan of TheDailyGold recaps a week of selling pressure in precious metals after a strong year. Gold risks losing its 50-day moving average but remains in a bullish consolidation; silver's bull flag targets $41–42, though near-term gold weakness may delay that. Mining stocks (GDX, GDXJ) show a potential bear flag, with short-term downside risk to GDX ~46–47 and GDXJ ~58–59. He draws a historical parallel to 1972 and 2005 where first corrections lasted 4–5 months — gold is currently ~3 months into its consolidation. The advance-decline line may have given a false bullish signal. Overall thesis remains structurally bullish; the current pullback is framed as a natural setup for the next leg higher.
Preview:Silver broke above the $37 resistance level with a $1.35 daily surge, completing a bull flag pattern with a measured upside target of $41–42. Silver stocks (SIL ETF) broke out of a 12-year base, while junior silver stocks (SILJ) are poised to follow. Gold remains in a bullish consolidation above $3,300 support, with the GDX advance-decline line showing a positive divergence that suggests gold stocks will eventually break higher. The speaker uses a 1972 analog to project silver reaching $49 within three months, followed by a cup-and-handle breakout above $50.
Preview:Jordan Roy-Byrne maps silver's current breakout against historical gold-breakout analogs (1972, 1978, 2009), arguing silver is following the 1972 trajectory most closely. He sees a measured move to $41-42 in the near term, consolidation, then a push toward $50 by early-to-mid 2026. Silver miners are in a "sweet spot" because costs (CPI/energy) are contained while metals prices rise — but he warns that late-cycle energy inflation will eventually squeeze miner margins. Copper's breakout above $5.20 is confirmed and he treats it analogously to gold in early 2024. He's cautiously bullish on platinum but admits he doesn't follow it closely enough for conviction.
Preview:Jordan reviews silver's outlook using five charts: a 170-year quarterly history showing a 46-year base near $50, silver vs foreign currencies as a leading indicator, a 1972 analog chart tracking the current post-gold-breakout path, silver vs the 60/40 portfolio forming an 11-year base, and a daily chart showing a bullish consolidation with a $41–42 target. His core thesis: silver is setting up for the second-biggest breakout in 50+ years, with $41–42 as the next stop and $50 eventually.
Preview:This episode is a monthly precious-metals recap with Vince Lansancy focused on silver, copper, gold, and miners. The core argument is that the current move is not retail-driven: macro funds, banks, and short-covering are increasingly accumulating silver and miners, while gold is being sold into strength. Vince argues that silver’s close above 35 and the strong quarterly/midyear closes matter because they attract new discretionary buyers and force shorts out. The conversation also ties the metals move to a broader Goldilocks narrative, tariff de-escalation, and a possible breakout trigger in copper above the 520 area.
Preview:Jordan of TheDailyGold sees emerging bullish signals in silver and gold miners even as gold consolidates. Silver has formed a textbook bull flag with a measured target of $41, and multiple technical methods converge on that level. The GDX advance-decline line hit a higher high ahead of price — a positive divergence that historically precedes index moves. He tempers his earlier near-term correction call, noting the price action is throwing cold water on that view, while still allowing that a pullback is possible. The 1972 analog suggests silver could reach $50 within ~7 months before a multi-month consolidation back to $41–42.
Preview:Ryan King of Equinox Gold argues the market is mispricing the company because Greenstone and Valentine are still in ramp-up/commissioning, while the balance sheet and production profile should improve materially as both assets mature. He says the post-merger reset, insider buying, and a Canadian-heavy portfolio create a rerating setup if the company delivers on operating targets through Q3/Q4 2025 and into 2026.
Preview:Jordan of TheDailyGold presents a single-chart thesis: the S&P 500-to-gold ratio is the key signal for when gold's next major leg higher begins. The ratio broke a 4.5-year support base in March 2025, but has since snapped back strongly. He argues the current bounce could carry further, but once the ratio breaks below its COVID-era lows, it will confirm a secular rotation from stocks into gold — driving gold to $5,000, then $8,000+. He draws historical parallels to the late-1960s pattern where the S&P made new highs even as it had already broken down against gold stocks. He does not expect the confirmation breakdown in 2025; he asks viewers whether 2026 or 2027 is more likely.
Preview:Gold and gold stocks suffered a rough week (~3% down), breaking below the 50-day MA, while capital rotated into equities and copper. Jordan views this as a standard post-breakout correction within a secular bull market, expecting gold to test the 200-day MA (~$2,900) over the next 1-2 months, with most price damage occurring quickly. Silver is also weakening but remains structurally bullish. Miners (GDX/GDXJ) are correcting after a major base breakout, but daily candles show accumulation on weakness — a nuanced positive signal. He sees a buying opportunity developing in the coming months.
Preview:Jordan of TheDailyGold updates viewers on gold's ongoing correction (two months in, down ~11%), framing it against two historical breakout analogs: 1972 and 2005. He expects the correction to last 4.5–5 months total, potentially retesting the 200-day moving average around $3,200, before a next leg higher toward $4,000+, with an eventual peak potentially reaching $4,500–$4,800. He sees the risk of a major (~17-20%) decline only *after* the next leg up, not now.
Preview:Jordan of TheDailyGold walks through the weekly technical picture for gold, silver, and mining stocks. Gold is consolidating bullishly near $3,460–$3,470 resistance and he welcomes a deeper pullback toward $3,200 as healthy. Silver suffered a failed breakout to $37 and is pulling back to support near $34. Mining stocks, especially juniors (GDXJ, SILJ), became extremely overbought (82% in nine weeks for his junior silver index) and he expects a correction of 8–11% to fill open gaps. He presents long-term analog charts suggesting the current gold breakout will mirror the 1972 magnitude, targeting well above $4,000 in 12 months. The tone is patient and constructive: corrections now prevent larger corrections later.
Preview:George argues that gold and silver today most closely resemble the early 1970s: gold has already broken out to new all-time highs from a long base, silver is now doing the same from a much longer base, and the broader backdrop of a secular bond bear market and rising central-bank gold buying supports much higher precious-metals prices over time. He sees silver potentially reaching $50 next year or the year after, but warns that large corrections will still occur along the way.
Preview:Jordan of TheDailyGold reviews the week in precious metals, noting strong action in gold (new weekly all-time high close), silver (breakout above $35 holding), and miners (GDX/GDXJ breaking from 4.5-year bases). He argues the correction is waning and the next leg higher may begin soon, though a few more weeks of bullish consolidation would be ideal. Silver analogues point to ~$41 measured target, possibly $45-46 by year-end, and $50+ in 2026. He promotes his premium service and advises a "buy, hold, trim" approach rotating into better-valued miners.
Preview:Jordan Roy-Byrne argues gold is likely to keep consolidating sideways for a few months before starting another leg higher, while silver and gold miners are already beginning to outperform and could accelerate next. He sees the setup as early-stage bull market behavior, driven less by day-to-day Fed/dollar moves than by central-bank buying, a secular bear market in bonds, and capital rotating out of stocks and bonds into precious metals.
Preview:David Skar of The Daily Gold argues that the macro setup is finally turning favorable for gold, silver, and especially junior miners: ballooning debt, persistent deficits, likely money printing, and a potential recession or market rollover should push capital toward precious metals. He thinks juniors are still deeply cheap, that the sector has broken key resistance, and that the next move could last several years rather than months.
Preview:Rick Rule argues gold and silver are still early in a secular bull market, with gold only 'tolerated' and silver just starting to attract broader attention. He says generalist capital has barely arrived, money is flowing out of ETFs even as major miners rally, and the best risk/reward now is in prefeasibility developers with 5 million-ounce-plus deposits and in prospect generators. He repeatedly warns investors not to confuse a bull market with brains, and says discipline, time horizon, and valuation work matter more than chasing momentum.
Preview:Jordan of TheDailyGold wraps up the June 6, 2025 trading week: silver broke above $35 for the first time in 13 years, but gold miners and juniors look overbought and likely to correct short-term. Gold remains in a consolidation/correction with resistance at $3,400. He sees the coming pullback as healthy and offering a better entry for the next leg higher, with the multi-year bull market in precious metals and mining stocks still intact.
Preview:Jordan Roy-Byrne interviews Vince Lanci on gold and silver markets. Lanci argues a structural shift is underway: COMEX open interest has collapsed while Shanghai now holds 40%+ of precious metals open interest, indicating China is taking pricing dominance. Macro discretionary funds have been forced to liquidate longs (possibly due to regulatory intervention during the LBMA delivery crisis) and may be wary of returning to Western venues. The key tactical signal: if silver closes June above $35 (second-highest quarterly close ever), macro funds will be forced to buy, and with minimal resistance between $37-50, price discovery could be explosive. Silver junior miners are already leading silver, signaling fresh money entering the sector.
Preview:Greg Weldon argues the dollar’s secular breakdown, combined with rising U.S. debt stress, is the key macro driver behind the current move in precious metals. He says gold is likely heading toward much higher levels over time, silver has just started a more “natural and powerful” breakout, and miners are beginning to outperform as capital rotates out of crowded tech into an under-owned precious-metals complex.
Preview:Jordan of TheDailyGold recaps the week of May 30, 2025: gold fell ~2% and silver ~1.5%, but gold mining stocks (GDX, GDXJ, GOEX, SILJ) all rose — a bullish divergence. He argues gold and silver remain in a larger correction/consolidation that could last through summer, possibly testing the 150-day or 200-day moving average. The key signal: junior gold miners are breaking out to two-year highs against gold itself, which he frames as a powerful setup for the next 12–18 months. He walks through multiple timeframes showing successful support tests on GDX/GDXJ and sets a measured upside target near $86–87 for GDX on a monthly basis.
Preview:Jordan Roy-Byrne argues that gold and silver are in the early stages of a new secular bull market, while the U.S. stock market may be nearing the end of its secular bull run. He sees the key near-term trigger for silver as a break above $35, which could then lead to a much larger move toward $50 and beyond, with silver stocks likely to outperform later in the cycle.
Preview:Daryl Rder, co-founder and CEO of Minaurum Gold, presents the Alamos silver project in Mexico. The company's key differentiator is full permitting for underground mining — they could start mining tomorrow. Targeting a maiden 50-60 Moz AgEq resource by late summer 2025, with a path to 100 Moz via additional drilling on numerous permitted targets. Grades target 325 g/t AgEq (post-recovery), roughly 2/3 silver. The project benefits from paved highway access, nearby hydro power, a town of 80,000, and 29-year community agreements. Financing interest from investment banks has picked up notably in recent weeks. Daryl also shares a macro view: silver is at the "trickle-down" phase where capital flows from majors to juniors, reminiscent of early-cycle setups.
Preview:Jordan Roy-Byrne analyzes silver's technical setup, arguing the metal is in a bullish consolidation that increases the odds of a breakout above $35. He walks through historical patterns showing silver tends to outperform gold after gold corrects to its 200-day moving average, and notes that silver's repeated successful tests of the $28-29 support level, combined with bullish chart patterns in silver stocks and ETFs (SIL, SILJ), point to higher prices sooner than he previously expected.
Preview:Gold delivered a 5% weekly gain, exceeding the speaker's expectations, and he now leans toward a bullish consolidation rather than a deeper correction. Silver is building an ascending triangle with major resistance at $34–35; a breakout targets $41. Gold stocks surged ~9% on the week, confirming support at their multi-year breakout levels, and the speaker sees them threatening recent highs soon. He uses historical analogs to suggest gold could reach ~$5,000 by next summer and urges viewers to accumulate quality junior gold and silver stocks before they become too expensive.
Preview:Jordan Roy-Byrne argues that gold and silver have already entered a secular bull market, with gold’s long breakouts against stocks, bonds, and 60/40 portfolios confirming the regime shift. He thinks the near term may still involve a normal consolidation, but sees the next several years as strongly favorable for gold, silver, and especially miners.
Preview:Jordan of TheDailyGold draws an analog between today's market and the mid-to-late 1960s, arguing that gold's recent cup-and-handle breakout mirrors the gold-stock breakout of late 1964. His core thesis: the S&P 500 may still make a marginal new high (like 1968 vs. 1966), but the secular breakdown in the S&P/gold ratio is already locked in. The bond market is the key — a 10-year yield pushing above 5-5.5% would mark the secular stock peak, as it did in 1966. Gold is consolidating short-term but positioned for a massive breakout when the S&P/gold ratio eventually plunges through its 11-12 year support, targeting $5,000+.
Preview:Jordan, the host of The Daily Gold, recaps a tough week for precious metals: gold down ~4%, miners (GDX) down ~8%, though silver held up relatively well (-1%). He sees gold and miners still in correction mode, likely to continue for a couple more months, with another leg down before a durable bottom forms. Key support for gold is around 2,950–3,000 and the rising 200-day moving average. Historical analogs suggest a rally could resume by late July–September. He views the coming weakness as an accumulation opportunity, not a reason to panic, and promotes his premium research service for junior miner picks.
Preview:A bonus lesson from TheDailyGold's "Gold University" series presenting 12 charts that support a secular bull thesis for gold, silver, gold stocks, and commodities. The speaker argues gold stocks could see a 4-5x advance over ~4.5 years (tracking the 1960s-70s secular bull), while the S&P 500 shows multiple signals of a secular peak. Key charts cover: gold vs. historical bull markets, gold stock valuations, energy sector weightings, silver/S&P ratios, S&P P/E vs. 10-year returns, and gold vs. the 60/40 portfolio.
Preview:A structured lesson laying out a long-term secular bull thesis for gold and silver. The speaker projects gold reaching $20,000–$30,000/oz and silver reaching $1,000–$1,500/oz, with a secular peak arriving between the mid‑2030s and roughly 2040. The analysis uses multiple historical analog frameworks: monetary‑base backing percentages, gold/S&P 500 ratio peaks, gold/silver ratio cycles, 30‑year and 60‑year commodity/inflation cycles, and analog chart patterns. Near‑term, gold is tracking toward ~$5,000/oz by late summer 2026, with silver breaking above $50/oz by Q1 2026 and a measured move to $100. Two main scenarios are presented: a two‑leg advance if the secular peak is mid‑2030s, or a three‑leg advance if it stretches toward 2040. Key confirmation signals are the end of the secular bull market in US stocks and gold's breakout against the 60/40 portfolio — the latter having occurred in March 2025.
Preview:Jordan reviews the week of May 9, 2025 in precious metals. Gold and silver both rose over 2%, but the standout was mining stocks: GDX up 7%, GDXJ and SILJ up 9-10%. The key theme is miner outperformance relative to the metals during a correction — silver juniors (SILJ) are near a higher high while silver itself faces stiff $34-35 resistance. Jordan sees this as a bullish leading indicator for the sector but advises against chasing strength, favoring a long-term buy-hold-trim strategy over trading. He expects gold and silver still have consolidation work to do, with gold resistance at $3,400-3,450 and support around $3,200.
Preview:A concise educational lesson on five essential trading and investing rules for junior mining stocks, drawn from nearly 20 years of the speaker's personal experience in the sector.
Preview:Jordan of TheDailyGold reviews past breakouts in gold (13-year cup-and-handle, gold vs 60/40 portfolio, gold vs CPI) and previews five future breakouts he expects after the current correction: silver vs 60/40 portfolio, silver vs S&P 500, silver vs CPI, silver breaking $35, and GDX vs 60/40. His thesis: precious metals are in a secular bull market, currently correcting and digesting an overshoot, with the next leg higher being "epic" and money cascading from gold into silver, gold stocks, juniors, and exploration stocks over months and quarters ahead.
Preview:Jordan reviews a rough week for precious metals — gold down 2.5%, silver down 3%, miners down 4-5%. He frames this as an expected, healthy correction in a bull market after overbought conditions. Using historical breakout analogies (1972, 2009, 2006, 1978), he estimates gold could reach ~$4,500 in 12 months, with the correction potentially lasting into late summer before a real acceleration in the fall. Near-term, he expects more selling pressure, particularly in silver and silver juniors, and advises waiting for stronger support levels before buying. He pitches his premium service for junior stock selection during the correction.
Preview:An educational deep-dive on junior gold and silver mining stocks: the stages of a junior company (exploration, development, production), the Lassonde Curve buy/sell points, key criteria for selecting developers and producers (size, management, value, insider ownership), fatal flaws to avoid, and why juniors can dramatically outperform senior miners in secular bull markets. The speaker also covers specific silver stock evaluation criteria (size thresholds of 80-100M oz and 300M oz silver equivalents, grade, and mine-ability) and uses historical data from the 2001-2011 bull market, the 1970s mania, the 1960s Spokane boom, and the mid-1990s to frame the upside potential of the current secular bull market.
Preview:Jordan Roy-Byrne argues that gold’s secular bull market has already been confirmed by a major 2024 breakout and that the bigger story is the rotation of capital out of bonds and, increasingly, out of stocks into gold, silver, and mining shares. He thinks the current regime is different from 2008 because bonds are in a secular bear market, which changes how selloffs, recessions, and capital flows behave.
Preview:Jordan argues the U.S. is in the early stages of a secular inflationary/stagnation period resembling the late 1960s-1970s, not a 2008-style crash. Using bond real returns, S&P 500 momentum, and the "principle of alternation," he contends major stock market crashes only occur during secular bond bull markets — not during secular bond bears like the present. He warns the worst of equity declines will likely come at the end of the bear market, not the beginning, meaning sideways stagnation for potentially 12+ months before any severe downside.
Preview:Jordan of TheDailyGold argues gold has put in an interim peak after nearly touching $3,500, with a correction toward the 200-day moving average (~$2,900-$3,000) likely over the coming weeks/months. He sees the stock market potentially bottoming and outperforming gold near-term, silver consolidating before a breakout later this year, and gold/silver mining stocks offering a buying opportunity on weakness. The video combines technical analysis with a pitch for his premium service focused on identifying quality junior miners.
Preview:Brad Langille, CEO of GoGold Resources, gives an update on the Los Ricos South silver-gold project in Mexico. The company has ~$135M cash, no debt, and generates ~$1.5-2M/month free cash flow from its Parral operation. A permit for Los Ricos South is expected within 30-90 days, and exploration drilling south of existing reserves and at a deeper second horizon is showing promising results with assays due end of May. Langille frames the dual strategy: de-risk the project toward production (expanding the NAV multiple from 0.35x toward 1x) while growing the resource base (expanding NAV itself). Los Ricos North (161M AgEq oz) will advance toward feasibility while South is being built.
Preview:This is an educational lesson from TheDailyGold's "Daily Gold University" series covering gold mining stocks. The speaker explains why gold miners have historically underperformed gold over long periods, identifies the inflation-adjusted gold price as the single best fundamental indicator for mining margins, and argues that gold ETF introduction post-2004 permanently changed miner valuations by removing their monopoly on gold exposure. The lesson frames miners as essentially options on gold — outperforming only during sharp rebounds and breakouts, underperforming during flat/corrective periods.
Preview:Jordan Roy-Byrne argues that gold has entered the early phase of a secular bull market in hard assets, with capital rotating out of stocks and bonds and into gold. He thinks gold may be near an interim peak and needs a rest, but says the bigger move could continue for years, with silver and miners likely to catch up later.
Preview:Gary Tanashian argues that gold and gold stocks are in an unusually favorable macro setup: the dollar is weakening, the gold/silver ratio is rising in a way he views as constructive rather than harmful, and broader equities and bonds are showing signs of a larger regime shift. He still expects near-term volatility and says gold is very overbought, but he frames pullbacks as buyable within a new bull market rather than a reason to abandon the thesis.
Preview:Jordan of TheDailyGold argues gold and gold stocks are at an "interesting juncture" — gold is overbought and likely nearing an interim peak, but the secular bull market is still early (comparable to early 1970s). He expects gold to correct to its 200-day moving average (~$2,700–3,000), after which silver should finally break above $35 and gold stocks/juniors will re-accelerate and outperform. He sees the coming correction as a buying opportunity in quality juniors, and draws historical parallels to 2003 and 2009 consolidation patterns where miners trended higher while gold rested.
Preview:Lesson 7 of The Daily Gold University examines gold and gold mining stock valuations through historical ratios. The speaker argues gold remains historically cheap relative to the S&P 500, the US monetary base, and global financial assets — despite nominal all-time highs. Gold mining stocks are described as trading near historically low price-to-cash-flow multiples (~9x currently) with ETF ownership at 17-year lows, which the speaker frames as "shockingly bullish" setup for a secular bull market.
Preview:A sponsored ITM Trading interview argues that gold has entered a major secular bull market while bonds are in a long-term decline and stocks are late in their cycle. Jordan Roy-Byrne says gold’s breakout above prior bases and its performance versus stocks, bonds, and a 60/40 portfolio support the case for higher prices, with a possible 10–12% pullback along the way.
Preview:Jordan argues we are in a secular bear market in bonds — only the second since 1920 (the first being 1965–1982). He uses historical charts to show that secular bond bears devastate the 60/40 portfolio, produce zero real returns for stocks over 18-year rolling periods, and coincide with massive breakouts in gold and gold stocks. He draws parallels between today's setup and the late-1960s, predicting gold will be the primary beneficiary as money rotates out of both stocks and bonds over the coming years.
Preview:A structured educational lesson making the case that a secular bull market in gold, silver, and commodities will extend into the 2030s, driven by three pillars: the US government's deteriorating fiscal condition forcing yield curve control and debt monetization, new structural inflation drivers (reshoring, labor power, fiscal stimulus, commodity underinvestment), and global de-dollarization as nations diversify reserves into gold. The second half, authored by guest Vince Lanci, frames de-dollarization as a gradual but inexorable shift — sanctions weaponization, Fed policy volatility, and BRICS-led multipolarity are pushing central banks toward gold as a neutral reserve asset and potential settlement medium.
Preview:Gold surged 6%+ on the week, silver 8%+, and miners (GDX/GDXJ) exploded 19%. Jordan attributes the move to sovereign selling of US Treasuries (China/Japan) flowing into precious metals, with the 10-year yield blowing out as bonds sold off. He highlights gold's breakout from a 10-year base vs the 60/40 portfolio and a 45-year base in inflation-adjusted terms as massively bullish for miners. Near-term caution: gaps left in GDX/GDXJ/SLVR could fill next week, and gold may see a mini blowoff to $3,400-3,500 before an interim peak. He advises against trading in and out during this early secular bull phase.
Preview:A structured technical analysis lesson arguing that gold's March 2024 breakout from a 13-year cup-and-handle pattern marks the start of a new secular bull market in precious metals. The speaker draws historical parallels to the S&P 500 (1950), Nikkei (1968), Hang Seng (1986), copper (2005), and oil (2004) breakouts from multi-year bases. Silver's 45-year base is presented as the biggest breakout setup in modern capital markets, with targets of ~$87–$100+/oz after surpassing $50. The 1970s analog is favored over the 2000s, implying gains far larger than the 2001–2011 cycle. Key confirmation signal: gold outperforming the 60/40 portfolio — which the speaker notes (via side-note asides) began happening in March 2025.
Preview:Jordan of TheDailyGold argues that a US recession is near-inevitable, pointing to betting-market odds (PolyTrade at 62%) and rising Wall Street forecasts. He contends the recession will drive aggressive rate cuts, triggering a yield-curve steepening that has historically coincided with major gold breakouts versus both stocks and a 60/40 portfolio. His core thesis: gold and precious metals are in the early stages of a secular shift in capital flows, with massive room to run higher.
Preview:Gold and silver suffered a brutal sell-off on April 4, 2025, with silver down ~13% on the week and GDXJ down ~10%. The speaker argues this marks an interim peak for gold and a corrective phase that could last a couple of months. Key levels: gold may retest its 200-day moving average (~$2,800), silver has support at $28 (20-month MA), and the gold-to-silver ratio has broken out to 102 with a measured target of 110 — historically a precursor to a significant silver bottom within months. Despite near-term pain, the speaker remains structurally bullish, framing this correction as the setup for the sector's next explosive leg higher.
Preview:The episode argues that gold and miners have entered a new secular regime, led by breakouts versus stocks and the 60/40 portfolio, and reinforced by institutional buying, bank research, tariffs, and weaker U.S. exceptionalism. Vince Lancy is broadly bullish on gold miners, cautious on silver’s near-term behavior, and sees more volatility but better structural conditions for precious metals than for tech or the broad equity market.
Preview:A structured educational lesson on what drives silver prices. The speaker argues that despite silver's growing industrial demand (now 64% of total), the gold price remains the dominant and nearly exclusive driver of silver — silver acts as a leveraged play on gold. Investment demand, particularly via ETPs, drives silver on the margin, not supply deficits. The gold-silver ratio, historically around 15x, sits near 90x, and the speaker targets 15-20x only at the end of a secular bull market. Silver will outperform gold when gold breaks out amid rising inflation; in a deflationary/recessionary environment, gold outperforms silver. Key technical level: silver must break $35-37/oz to position for outperformance.
Preview:Jordan Roy-Byrne presents a bullish thesis on gold miner fundamentals, anchored on the inflation-adjusted gold price (gold/CPI) breaking out of a 45-year base. He argues this breakout signals that miner margins — already up ~60% in 18 months — could become "white hot" into 2026, especially for quality juniors building mines. He tempers the enthusiasm with a near-term caution: gold's quarterly RSI at 82.5 suggests a pullback or consolidation is due, with 1972-73 as the best historical analog.
Preview:Jordan of TheDailyGold recaps the week ending March 28, 2025, where gold hit ~$3,100 and silver approached $35. He flags bearish divergences in silver stocks and overbought sentiment readings, warning of a likely short-term peak and correction. However, his longer-term view remains super bullish, expecting a 10-15% pullback that would reset the sector for an accelerated leg higher over 12-18 months. He highlights key support levels and emphasizes quality stock selection in miners and juniors.
Preview:This educational lesson from TheDailyGold University examines gold's relationship with bonds and the US dollar across secular cycles. The core thesis: bonds entered a secular bear market after the 2020 COVID crash, ending a ~40-year bull run — a shift last seen in the mid-1960s that coincided with gold's greatest secular bull. Rising bond yields will eventually threaten stocks and the economy, driving capital into gold. Meanwhile, gold's strength against foreign currencies signals this bull market is global and less dollar-dependent than past cycles.
Preview:Jordan of TheDailyGold presents a single-chart technical thesis: silver historically begins outperforming gold around the time gold makes a major breakout and then pulls back to test its 200-day moving average. He walks through examples from 1972, 1978, 2003, 2005, 2009, and 2019-2020. Since gold's current 13-year cup-and-handle breakout hasn't had a real retest yet, he argues silver's sustained outperformance hasn't begun — but when that pullback arrives (or when silver clears $35 on a monthly close), silver will start to fly both nominally and relative to gold.
Preview:A structured educational lesson arguing that gold and US stocks have an inverse secular relationship, with the speaker making the case that we are in a rare "overlap" period similar to the 1960s — gold has broken out to new all-time highs while the S&P 500 secular bull market is in its final innings. The core thesis: an inflationary secular bear market in stocks is likely within the next few years, which would confirm gold's new secular bull market.
Preview:Jordan Roy-Byrne argues that gold’s 13-year cup-and-handle breakout last year marked the start of a major secular bull market, with the most important confirmation now coming from gold breaking out versus the S&P 500 and the 60/40 portfolio. He thinks the setup for gold stocks is especially strong because the inflation-adjusted gold price is nearing a 45-year base breakout, valuations remain low, money is just beginning to rotate into miners, and developers/junior producers with real mines under construction may offer the best risk-adjusted upside.
Preview:Jordan of TheDailyGold analyzes precious metals for the week ending March 21, 2025. Gold hit his measured target of $3,050 but sentiment is extended; he expects a possible 2-3 month pause/consolidation. Despite that, mining stocks (GDX, GDXJ) are breaking out of multi-year bases and breadth indicators suggest they're not at intermediate peaks yet. His key call: miners could decouple and outperform even if gold corrects sideways, similar to 2003 and 2009. Long-term, the 13-year cup-and-handle breakout and analog patterns point toward $3,800-$4,100+ gold in 6-12 months if stagflation/recession fundamentals strengthen.
Preview:Jordan Roy-Byrne of The Daily Gold presents Lesson 1 from his book, walking through the fundamental drivers of the gold price. His core thesis: gold is "the ultimate money" and an alternative currency whose price is driven primarily by monetary factors — specifically real interest rates (the best indicator), the yield curve, and the US dollar — rather than conventional supply/demand dynamics. He traces a century of data showing gold's inverse correlation with real rates, explains how gold leads real yields at turning points, and highlights central bank buying as a transformed structural driver. The episode is an educational deep dive, not a near-term trading call.
Preview:Jordan from TheDailyGold presents a bullish thesis on gold and silver mining stocks, arguing that the sector is at the start of a major inflow cycle. He points to a multi-year technical breakout in GDX and GDXJ, an inflation-adjusted gold price on the verge of breaking all-time highs, and extreme fund outflows that signal nobody owns miners — setting the stage for a rush of capital into the sector. He sees gold's next leg from $3,000 to $4,000 as a sweet spot where most of the gain flows to producers' bottom lines, and warns against waiting for a correction in what he expects will be a "red hot" year.
Preview:Jordan Roy-Byrne presents a technical analysis case that gold and silver have entered a once-in-a-lifetime secular bull market. He highlights gold's confirmed breakout against the S&P 500 and a 60/40 portfolio indicator as evidence that capital is rotating from conventional assets into precious metals. He argues silver's 45-year base breakout above $50 would be "the biggest breakout of all time," with targets of $100+ silver and $7,000-$8,000+ gold in the current cyclical bull. He draws historical parallels to the 1960s-70s, when both stocks and bonds were in secular bears, and frames the setup as capable of lasting toward 2040.
Preview:Gold broke $3,000 and closed the week at all-time highs, while gold broke out to multi-year highs against the S&P 500 and a 60/40 portfolio — a signal Jordan calls the beginning of a secular bull market for precious metals lasting ~10 years. Silver closed at a 12.5-year weekly high, GDX/GDXJ at 13-year highs, and the gold-silver ratio suffered a false breakdown favoring silver outperformance near-term. Jordan argues the stock market in real terms is "finished" and urges positioning in miners ahead of imminent breakouts from 4+ year bases.
Preview:Jordan analyzes a chart-based signal: the S&P 500 / gold ratio has broken below its 40-month and 80-month moving averages for the first time in nearly 25 years. He argues this marks a secular stock-market peak against gold and a new secular bull market in precious metals, drawing historical parallels to the 1930s, early 1970s, and early 2000s — each of which preceded massive precious-metals rallies. He emphasizes this has only happened three other times in the last century and views it as a regime-change signal for rotating from equities into gold and gold stocks.
Preview:Jordan of TheDailyGold reviews the week of March 7, 2025 in precious metals. The core thesis: gold is breaking out in real terms against equities (S&P 500 at a 4-year high, NASDAQ breakout), signaling capital rotation out of tech into gold. Miners (GDX, GDXJ) are starting to outperform gold during the rebound, with the GDX advance-decline line making higher highs — a bullish internal signal. Silver remains messy and range-bound. He cautions that a recession would make silver outperformance difficult, and that gold nominally still needs to hold $2,850 support.
Preview:The host and Professor Vince Lancy argue that gold’s sharp run may be due for a pause, but the bigger setup is a possible rotation within precious metals from gold into silver and miners. Lancy is cautiously neutral on gold near term, yet bullish on silver and selectively constructive on miners because breadth, relative strength, and ratio charts suggest participation is broadening even as gold itself looks extended.
Preview:Jordan of TheDailyGold examines whether the macro setup is turning "perfect" for gold and silver. He points to the Atlanta Fed GDPNow estimate plunging from +4% to nearly -3%, rising recession betting odds, and a steepening yield curve as signals. He argues that gold is on the cusp of breaking out of multi-year bases against both the 60/40 portfolio and the S&P 500, and that a recession would accelerate capital flows into precious metals. He sees a potential accelerated upside move starting within months but not in the next month or two.
Preview:The speaker argues that gold, silver, and miners have put in an interim peak and are now in correction mode. He outlines key support levels for gold (~$2,720-$2,760, with a potential test of the 200-day MA around $2,600) and silver (~$28-$29 monthly support, worst case $26). The correction is framed as necessary and healthy, setting up what he believes will be the "last best buying opportunity" before a secular bull run, contingent on a recession and Fed rate cuts that would shift capital from stocks into precious metals.
Preview:Jordan Roy-Byrne of The Daily Gold outlines three structural reasons gold miners have underperformed gold: (1) the permanent dilution from GLD and metal ETFs introduced in 2004, which gave investors direct gold exposure without buying miners; (2) the secular bear market in precious metals from 2011–2023, now gone; and (3) the secular bull market in the S&P 500, which has starved the mining sector of speculative capital — but a breakout in gold vs. equities is imminent and could remove this third headwind within the year.
Preview:Jordan argues that gold mining stocks are in a "fundamental sweet spot" because the margin between the gold price and all-in sustaining costs (AISC) has widened dramatically — now roughly $1,400/oz versus $400–$500 at the 2022 low. He presents several charts showing gold breaking out against CPI, oil, and a basket of commodities, which he sees as leading indicators for expanding miner margins. He forecasts gold running from $3,000 to $4,000 over the next 12 months and expects margin expansion to continue, while acknowledging cyclical risk and short-term pullbacks in the stocks.
Preview:Gold closed the week up ~1.5% but is struggling just below $3,000 with selling in the upper $2,900s. Silver outperformed gold recently but posted a bearish daily candle and failed to hold above $33 resistance. The speaker argues that a correction in miners (GDX, GDXJ) has already begun, noting back-to-back bearish weekly candles at resistance and breakdowns on daily charts. He identifies downside support targets — GDX ~$38, GDXJ ~$47 — and highlights gold's new 22-month high vs the S&P 500 as a potentially major bullish development for the sector.
Preview:Jordan of TheDailyGold presents five silver charts he finds compelling: surging SLV short interest (potential fuel for covering), historically low silver ETF allocation share (0.2% vs. 1.9% peak), a breakout in silver priced against foreign currencies, still-room-to-run in sentiment surveys, and a silver bull analog projecting ~$40 by mid-year and ~$43 by year-end. His base case: silver moves to $35–$37 short-term, consolidates for 3–5 months, then launches toward $50 — and once above $50, he targets $95–$100 within 12–13 months based on historical breakouts.
Preview:This is a company interview focused on Calibre Mining’s operating reset, the ramp-up of the Valentine gold mine in Canada, and the company’s exploration pipeline in Valentine, Nicaragua, and Nevada. Ryan King argues that Q4 showed the company had corrected its Q3 miss, that Valentine is nearly at first gold in Q2 2025, and that Calibre’s production growth plus cash flow should support both the buildout and expanded exploration without shareholder dilution.
Preview:Jordan reviews the week's precious metals price action, focusing on Friday's bearish reversal in gold, silver, and miners. He identifies inverted hammer patterns across daily and weekly charts, signaling likely short-term corrections, but notes intermediate breadth indicators still have room to run. He lays out key support levels, potential upside targets ($3,000-$3,050 gold, $35-$37 silver), and suggests using $28 silver as a conservative valuation benchmark for silver stocks.
Preview:David Morgan (The Morgan Report) joins Jordan of TheDailyGold to discuss the silver physical market, the London-to-New York arbitrage, retail versus institutional demand dynamics, and why investment demand — not industrial demand — is the real price driver for silver. He sees $40 silver as possible this year, notes the gold-silver ratio remains elevated, and argues silver to triple digits is eventually achievable, but the retail market is currently "dead." The core thesis: silver's variable is investment demand; industrial demand merely chips away at the float, and a catalyst (failure to deliver, geopolitical event, momentum) could trigger a rapid price spike in this small market.
Preview:Jordan of TheDailyGold analyzes the gold-to-S&P 500 ratio, arguing it is approaching a critical 4-year resistance breakout at 0.50. He views this ratio as "the number one key" for the entire precious metals complex, and believes a sustained breakout would set gold on a trajectory toward $3,500–$5,000 over the next few years. He also examines gold relative to other asset classes (commodities, bonds, foreign currencies) and sub-indexes, noting gold is already outperforming everything except the stock market. He highlights that gold vs. the equal-weight S&P 500 has already broken out, adding to the bullish setup.
Preview:A weekly precious metals recap: gold surged ~1.8%, trading above $2,900 and eyeing $3,000–$3,050. Miners (GDX, GDXJ, SILJ) rallied ~4–5% on the week, while silver lagged at only +0.5%, struggling around $32.50–$33. The speaker sees gold continuing toward its measured targets but warns miners are hitting long-term resistance and a short-term pullback is likely—potentially a final buying opportunity before a larger secular breakout from multi-year bases.
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