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The Fed is Out of Options and This Gold Move is Only the Beginning, says Jordan Roy-Byrne

The Fed is Out of Options and This Gold Move is Only the Beginning, says Jordan Roy-Byrne

FromMining Stock Daily


The Fed is Out of Options and This Gold Move is Only the Beginning, says Jordan Roy-Byrne

FromMining Stock Daily

ratings:
Length:
19 minutes
Released:
Apr 3, 2024
Format:
Podcast episode

Description

Gold and silver prices continue to rise, with gold hitting a new all-time high. Jordan Roy-Byrne discusses the cup and handle pattern and predicts a measured upside target of around $3,000 for gold. He also mentions a potential long-term target of $4,000 or even $5,000 to $6,000 if there is a recession in the stock market. The conversation then shifts to the fundamentals, with a focus on inflation and the Federal Reserve's actions. Jordan explains that gold and silver are indicating that the Fed doesn't have good options and that inflation is increasing. Geopolitics and the junior sector are also briefly discussed.
Released:
Apr 3, 2024
Format:
Podcast episode

Titles in the series (100)

Mining Stock Daily is a brief overview of finance and resource exploration news from the world's mining and metals sector. Mining Stock Daily is a quick overview of the day's most important sector information for both precious and base metals, including market trends and analysis.