تحلیل و بررسیکالاهاGold’s 3 Best Historical Comparisons

Gold’s 3 Best Historical Comparisons

توسط Jordan-Roy-Byrne-CMT23

ژوئن 13, 2023

372

daily gold

There are three clear historical comparisons for Gold.

These are the 1964-1965 period, the 1968-1972 period and 2009.

The first is, the mid-1960s, which we argued, in another video, was the best comparison. Gold is on the cusp of a significant historical breakout. The gold stocks were the proxy for precious metals pre-1970, as Gold is now. The gold stocks made a historic breakout in 1964-1965 which was also when the Gold price in Paris broke out.

Second, is the 1968 to 1972 period. Inflation, Fed policy, the end of a secular bear market in the S&P 500 and the long correction in precious metals (and time to break the 1968 highs) all compare to today.

Third is 2009 and for entirely technical reasons. The price action from the 2008 low in both Gold & Silver is fairly similar to the price action since the October 2022 low.

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I’m Jordan Roy-Byrne, CMT, MFTA the editor and publisher of TheDailyGold.com and TheDailyGold Premium, our premium publication which emphasizes market timing and stock selection for precious metals investors. I’m a Chartered Market Technician and Master of Financial Technical Analysis. My Masters Thesis, which earned me the MFTA designation was published in the International Federation of Technical Analysis Journal. I earned a degree in General Studies from the University of Washington with a concentration in International Economic Development. In my spare time I enjoy weightlifting, following sports, National Parks, classic mob movies and traveling with my outdoors enthusiast wife. TheDailyGold I started TheDailyGold.com in 2009 although the genesis was in 2005 when I started a free newsletter covering commodities with an emphasis on Gold & Silver. We offer quite a bit of free content here and can help you whether you are a seasoned investor or this is your first time stumbling upon Gold and the junior mining world. First, go here to obtain a copy of our 2019 Book The Coming New Bull Market in Gold: Why Precious Metals Investments Will Flourish in the 2020s and 2030s. From there, we will also send you our weekly newsletter, which includes our latest content and thoughts on Gold and gold stocks. The book contains all of our best research on Gold and lays out what you can expect from the economy, capital markets and precious metals over the next 10 to 15 years. It is very important to me to educate people and help them profit immensely and avoid losing real wealth, which will deteriorate if you hold US-based assets over the next 10 to 15 years. Next, be sure to subscribe to our YouTube Channel as well as our podcasts: TheDailyGold Podcast and the new, 10-Bagger Podcast. Contact I can be reached at Jordan @ The Daily Gold . com (spaces removed to prevent spam). I try to answer every email but emails from subscribers are paramount. We currently are not interested in any advertising and we do not accept any guest posts or sponsored posts.

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