Jordan Roy-Byrne & Chris Waltzek on GoldSeek Radio – May 13, 2016

by Chris Waltzek
GoldSeek Radio

Jordan Roy-Byrne of The Daily Gold, makes his show debut, offering his book free to our listeners. His work suggests the PMs sector has found support, the low is in place and a nascent bull market could be emerging. The gold shares tend to lead the charge in sustainable rallies, which is occurring in 2016. Our guest finds the recent PMs shares bottom comparable to the end of the 1942 NYSE low, following the Great Depression. The guest and host concur; selloffs in the PMs sector represent buying opportunities amid the new uptrend. Nonetheless, both note that chasing the sector after such an advance is inadvisable, suggesting instead to remain patient for solid buying opportunities to emerge later in 2016.

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