Gold: The Best Long-Term Investing Indicator

Published 07/29/2022, 01:05 AM
Updated 07/09/2023, 06:31 AM

We have seen the price of gold and silver pullback in recent weeks. Last week gold even fell below $1700 an ounce and then bounced back above it. Then it began to rally above $1750 after the Federal Reserve raised interest rates. This is finally a positive move for gold investors. I talked with Jordan Roy-Byrne of thedailygold.com to get his take on this recent price action and what he thinks is going to happen going forward. He shared with me his favorite long-term gold indicator and it is implying going forward.

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