TheDailyGold Podcast: Recent Episodes
Jordan Roy-Byrne
Jordan Roy-Byrne, CMT, MFTA hosts this program which focuses on Gold and gold-related investments with top industry analysts and fund managers.
Western Exploration is a Junior Exploration co working its Aura project in Nevada that has a high-grade oxide resource (Doby George) and separately, high-grade underground mineralization at Gravel Creek. See the timestamps below.
0:00 Intro
0:40 Market Cap, Cash, Intro
2:05 Doby George Oxide Resource
3:59 Doby George Upside
4:59 Gravel Creek
6:05 Economic Grade at Gravel Creek
8:04 Similar Deposits to Gravel Creek
9:30 Gravel Creek 3D
14:20 Gravel Creek High Grade Hits
16:00 Doby George 3D
17:15 Why Western Exploration
20:10 Drill Program 2023
20:55 Contact Info
Vince Lanci joins me to discuss the Gold market and three things. He informs us the details of the contract rollover last week that caused Gold to jump $40 on some trading platforms. He also discusses the three reasons why Gold is holding up well and then what will cause it to breakout.
0:00 Intro
1:20 Contract Rollover
11:30 Contract Rollover Conclusion
18:28 Why Gold Holding up Well
19:50 Vince Answer
26:00 End of Answer & Gold Breakout
27:55 Tactical vs. Big Picture
29:15 Time Decay
31:40 Vince Observations on Market
40:00 Weekly Close Above $1987
42:00 Open Interest
42:35 Support/Resistance Levels
45:50 Gold vs. Stock Market
46:50 Interest Rates, Bear Markets & 1960s
49:30 Money Moving into Hard Assets
In this interview with @CEOTechnician we discuss the outlook for Gold, key drivers, current sentiment in junior miners and the conditions needed for junior miners to perform better. See the timestamps in the video player. Follow him at @CEOTechnican on Twitter and Goldfinger.Capital.
0:00 Intro
0:49 Gold acting well but stock market stronger
2:00 Stock Market
4:45 Gold
6:00 2024-2025 Easing Cycle
9:25 Potential Major Low in Euro/US$
14:40 Slowdown & Rate Cuts in Q1 2024
16:50 Sentiment in Junior Mining
18:30 Social Media as Sentiment Tool
25:00 Conditions for Juniors
27:00 Fed Tightening Impact on Juniors
32:20 Sentiment & Fear of 2008
36:16 Goldfinger contact & follow
The goldilocks market could morph into a bout of inflation before a downturn and liquidation says Gary Tanashian, editor and publisher of https://nftrh.com/.
0:00 Intro
1:55 Goldilocks
2:58 Gold
6:15 Goldilocks is temporary
7:20 From Goldilocks to inflation
9:30 Inflationary vs. Deflationary Steepeners
14:40 Scenarios
19:45 Stock Market
27:45 Gold & Silver
Rick Rule, legendary resource investor & speculator discusses his specific process and criteria for evaluating gold and silver companies and all resource companies.
Among other things, Rick details important criteria he looks for (two of the most important are people and size potential), how he values companies and when he decides to sell.
Vince Lanci joins us and provides in depth analysis on several issues. First, he analyzes the Silver market, its CoT and the potential for an immediate rally to $22.
Vince expects Gold to be significantly higher five years from now. He explains how big players, like central banks who want to buy Gold but not drive the price higher, hit the price of Silver to pull down the Gold price so they can accumulate.
He also explains how there will be a new monetary order coming and how in that system Gold will have much higher value because its the only currency all nations agree is valuable. In addition, we discuss how fiscal policy will become a much more important economic driver than monetary policy.
Brent Johnson of Santiago Capital, one of the biggest dollar bulls joins us to share his updated views on markets. In the spring he discussed potential for a leg up in the dollar and big correction in Gold. He was one of the most accurate guests in recent months.
Brent shares some scenarios and how that would impact Gold. He mentions that its possible the dollar could have a counter trend pullback here. Brent is lukewarm to neutral on Gold over the next 12 months. He thinks it will perform much better beyond that time. He does think the stock market will make lower lows but is not sure of the timing.
Greg Weldon joins us to cover global macro, Federal Reserve policy and Gold. Greg is weighing different scenarios and one that he mentions is the potential for a medium term rally in stocks, commodities and Gold. The market could be sensing the end of Fed rate hikes and this could hit the dollar and result in a rally in the aforementioned risk assets.
Larry McDonald, founder and editor of the Bear Traps Report has proven to be one of the absolute best market timers when it comes to trading the gold stocks. Larry explains what is happening, the parallels to 2008 and Covid and what it could mean for precious metals. Larry is confident the Fed will be forced to shift soon and that will coincide with a big rebound in the gold stocks.
Vince Lanci from Echo Bay Partners, who writes the Gold Fix, joins us to discuss what is going on in the Gold market and what factors are influencing it.
Topics include Fed timelines for stopping hikes, Oil starting to crack, potential for a Gold flush and the coming crisis in Europe (due to very strong US Dollar).
Gary Tanashian, publisher of NFTRH, joins us to comment on and analyze recent developments in the economy and markets, and how that impacts precious metals.
Although Gary is worried there could be a final liquidation in gold stocks, not unlike 2008 or 2020, he says the macro situation is turning in favor of gold stocks.
In this interview Vince Lanci and I discuss Fridays move in the Gold marked amid a decline in the stock market and bond market. Vince explains why some bond investors have started allocating to Gold and why Gold could perform even if inflation and bond yields continue to rise this summer. We also discuss Fed policy and how Gold might react to various scenarios.
Vince Lanci, founder of Echo Bay Partners and a market maker on the floor of the NYMEX and COMEX with decades of experience, deciphers why Zoltan is bullish on Gold. He also discusses Fed policy and together we analyze potential developments and scenarios that would be very bullish for Gold.
Listen at 1.5x to make it a faster listen.
Subscribe to Vince's service here:
https://vblgoldfix.substack.com/about
Lance Lewis, founder of Lewis Capital and publisher of DailyMarketSummary.com joins us to share his views on Gold and the capital markets as well as his model for Gold buy signals. Lance is worried that the markets could crash and it could take Gold down to $1675 ever so briefly and it could cause the Fed to shift course.
However, he says Gold is likely a few days away from a tier-1 buy signal from his Gold timing model. Previous tier 1 buy signals include March of 2020, May 2019 and September 2018. This signal would lead Gold to make new highs.
Jared Dillian, editor of The Daily Dirtnap, a former trade for Lehman Brothers joined us to discuss his views on Gold, Bonds and the Stock Market. He feels they are all tied together at the moment.
Jared thinks Bonds have bottomed and that these markets should put in a good rebound pretty soon. He does not see a recession coming, at least not this year. He is very bullish on Gold and it is a very big position for him.
Keith Weiner, founder and CEO of Monetary Metals, has a specific way to value Gold and calls it Gold's Fundamental Price. It indicates Gold is undervalued by some $80 right now. Keith comments on the recent LME news, his long-term outlook for Gold and shares his views on Silver.
Last time we interviewed Brent Johnson some 4-5 years ago he told us he was bullish on Gold, the stock market and the Dollar. He was one of the only people to be bullish on Gold & stocks and proven right. He continues to hold the same views because he continues to expect a sovereign debt crisis.
I’ve followed Gary Tanashian for almost 15 years and he is absolutely one of the best Gold thinkers and market timers.
In this interview we discuss, among other things, Gold and Silver’s technicals, the Gold to Silver ratio, Gold’s counter-cyclical fundamentals and how that impacts gold mining stocks.
Find Gary here: https://nftrh.com/
There is quite a bit of chatter in gold bug circles along the lines of Russia planning to back the Ruble with Gold, China planning to move away from the Dollar, etc. Do any of these things have validity? Jeff Christian educates us on the matter.
Greg Weldon, CEO of Weldon Financial is the best when it comes to analyzing Gold and the macro landscape and how it impacts Gold.
He feels there is some risk in the market at current levels (as Gold struggles around the $1900 breakout level), but that the potential upside is huge. He has breakout targets in the $2600s and $2700s.
He is watching Gold against foreign currencies, Gold against the S&P 500 but most important Gold against the Chinese Renminbi, which has been the strongest currency of late.
In my opinion, Frank Barbera is the leading technical analyst with regard to precious metals. He has traded and covered Gold, Silver and gold mining stocks in his newsletter for decades.
He is going to reintroduce his newsletter to the public because he sees precious metals making a major low this spring and starting a new secular bull market that could last 10 to 15 years. He sees potential for Gold to go as high as $20,000/oz or even $50,000 oz in that period.
The market is a discounting mechanism. It looks forward. It anticipates. It discounts. The market usually focuses 6 to 9 months ahead of the news. Economic data and news is one of the worst lagging indicators.
There are 3 ways junior gold and silver companies can add value, which leads to outperformance. We discuss these ways and go into details on each way and what we look for in exploration companies, developers and producers.
★ Get My Top Stock Pick ★
↪https://thedailygold.com/top-stock-pick
Share structure is something you hear about constantly and especially if you are a new investor in the junior mining space. The majority of these companies raise capital through equity and so dilution is a constant. Hence, a lower number of shares is better. And it is important, more important actually, for a company to have a limited number of options and warrants. However, what really matters is the potential of the company to add value, relative to the constant of dilution.
I discuss 5 potential flaws in a junior mining company. This list helps me narrow my focus to a smaller group of companies with higher odds of success. Companies that have 1 or 2 of these flaws can still be successful and make you money. I'm just sharing what helps me in my research.
★ Get My Top Stock Pick ★
↪https://thedailygold.com/top-stock-pick
The answer is no. Gold has performed inline with its fundamentals and the points where Bitcoin has surged and Gold has not (recently & 2017) Gold's fundamentals were not bullish or it was digesting a previous huge move.
In this commentary, I discuss how to buy an overbought stock. There are several things to consider before buying. When buying, it is best to buy in tranches.
In this video I cover 5 reasons why Africa is great for Gold Mining and Exploration. These reasons center around the valuations of companies working in Africa, the cost of drilling and mining there, the overall quality of deposits you can find there and the presence of many major and mid-tier companies there.
There is a lot of noise out there right now. There's daily political news and the ongoing pandemic. There's Fed statements and the like. All of this is noise which doesn't drive the primary trend. Focusing your attention in other areas is more beneficial.
The precious metals sector is now confirmed to be in correction and consolidation mode. This started about a month and a half ago. In the big picture, these periods are choppy. My thinking could change but it appears to me the sector will consolidate for the remainder of this year. Maybe the larger consolidation will end around the holidays.
Here are some tips on how to structure a diversified junior portfolio for the purpose of growth of capital.
In investing and the world of financial media and punditry, the desire to be right and predict events can impede making money.
The Buffet news and there’s also news that David Einhorn’s Greenlight Capital bought GDX, are signals of the mainstream starting to adopt and recognize the new bull market in Gold and precious metals. These guys don’t buy expensive things and they aren’t flippers.
Precious Metals have had a great run but they are going to correct now. Many juniors have been relatively weak since the middle of last week. Gold & Silver likely peaked Monday. Silver is underperforming Gold now. What do you before or during a correction in a bull market?
There is some irony in discussing this now because the precious metals sector is starting a correction. The signs are there and stay tuned for an article about that, which will be posted on TheDailyGold.com. Right now, the crowd will be wrong but I’m only talking about the very big picture.
In the very big picture, in investing and markets, the crowd is right most of the time. Its wrong only at turning points, which are very hard to predict.
Over the past 4 months the highest quality juniors have had the strongest and most reliable performance. These companies will continue to do well moving forward and for the most part are still worth buying. With that said, at this juncture how can we spot the best performing juniors moving forward?
Greg Weldon discusses recent events and his outlook for Gold, Silver, gold stocks, energy and the stock market.
David Morgan joins us to talk about where precious metals are currently, how it compares to the past and the potential for an acceleration phase in the not too distant future.
Jeff Kern's system was pointing very bullish when we last interviewed in early June. His system went on a new buy signal in recent days and he's quite bullish.
Greg Weldon returns to discuss Gold, gold stocks, the decline in the dollar and the other potential drivers for precious metals. He also shares other things he's bullish on.