Interview: Gold Stocks Due for a Rally but Be Careful

Interview: Gold Stocks Due for a Rally but Be Careful
Jordan Roy-Byrne, Founder of The Daily Gold shares his thoughts on the GDX chart. We discuss the oversold and low sentiment conditions but take a step back to understand that if a decent bounce does not happen it foretells a pretty bearish outlook. He also breaks down how gold looks stronger than the stocks.

Interview: Gold Stocks Due for a Rally but Be Careful

One thought on “Interview: Gold Stocks Due for a Rally but Be Careful”

  1. Vanguard is changing its Precious Metals (VGPMX) fund to a different name, Vanguard Global Capital Cycles Fund, and supposedly going from 80% weighting in gold to only about 25%. Changeover is slated for late September.

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