TheDailyGold: Gold Has Done This Only Twice....

Published: Tue, 03/15/22

The Daily Gold
Jordan Roy-Byrne, CMT, MFTA


Tuesday, March 15, 2022


Good Morning

Gold is correcting after rallying up to (almost) the previous all time high. This has happened twice in the past.

What are the potential implications?

Click Here to Read My Article


The following is a weekly chart of Gold with various volatility indicators at bottom.

As of a month ago all four indicators were at fairly low levels. The first two (bollinger band widths) remain around some of the lowest levels in the past 20 years. 

Big moves (unless they begin after a crash) require low volatility. Gold is in that position now. It was not a few months ago or a year ago. And look for volatility to remain low as Gold consolidates for a few months.


I am sure you have many members and probably don’t recall who I am.  Regardless, I am retired and to my own detriment I have been fully invested in gold and silver miners for to many years now.  I started following you 2 or 3 years ago and to be honest I was always hoping you were wrong with your analysis, but unfortunately for me you were always right.

I just want to thank you for your constant objectiveness on PM. Not like many other gold bulls, your objective observation of the macro front and technical analysis is so valuable to orient in this market.

Thanks for the fantastic work you do, Ive been in this sector since 2002 and your is the best analysis Ive seen.

#762 is the best update since I became a subscriber, in terms of writing in detail about things that I had been thinking about all week.

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TDG #768 was quite an extensive update. It was 37 pages of some of my best charts, a company report, macro-market commentary, Q&A and portfolio commentary. 

The portfolio and company commentary included my list of top companies based on different criteria. I made one list based on company quality, odds of success & companies closest to that success. I made another list of the top 10 companies based on upside potential.  

TDG #768 & TDG #767 included reports on my top two silver stocks for the next few years. I think both have close to 10-bagger potential if Silver hits $50 in the next two to three years. (Both have pulled back in recent days). 

Gold should consolidate here for a few months. This really could be the last chance to get high quality juniors cheap. When the next move starts, these juniors can move quickly. 



Thanks for reading. I wish you all great health and prosperity in 2022 and beyond!


Disclaimer: This newsletter is intended for informational and educational purposes only and should not be considered personalized and individualized investment advice. Investment in the precious metals sector contains significant risks. You should consult with an investment advisor and do your own due diligence before making any investment decisions. This email may contain certain forward looking statements which are subject to risks, uncertainties and a multitude of factors that can cause results and outcomes to differ materially from those discussed herein.