Silver Surges to $31 Gold Past $2400

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  • Опубліковано 16 тра 2024
  • Silver cleared $29 resistance and is in breakout mode as Gold has rebounded to near its previous high at $2417. Silver could retest the breakout at $29 but retest or not, it appears headed to that strong target at $34-$35.
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КОМЕНТАРІ • 82

  • @billyhomeyer7414
    @billyhomeyer7414 Місяць тому +31

    silver to the moon so you’re wearing a spacesuit. I get it.

  • @suzban600
    @suzban600 Місяць тому +12

    It was great to see silver breakout above $30 but ecstatic when passed $31

  • @shusum1
    @shusum1 Місяць тому +22

    Best gold and silver channel. Thank you

    • @TheDailyGold
      @TheDailyGold  Місяць тому +1

      Thank you so much for the kind words!

  • @richardlove4287
    @richardlove4287 Місяць тому +12

    Thanks mate…I’m enjoying these moves. After 14 years of stacking it’s all happening !!!!

  • @carlsagasser2525
    @carlsagasser2525 Місяць тому +20

    Holy crap love the 👕!

    • @TheDailyGold
      @TheDailyGold  Місяць тому +6

      Thank you Carl! My wife bought it for me. I had a gold shirt and silver tie ready but realized I really needed a Silver shirt for this video.

  • @gordonipock9385
    @gordonipock9385 Місяць тому +8

    These are the days we patiently wait for.

  • @jaytan915
    @jaytan915 Місяць тому +9

    Love your silver shirt and tie. $31.50 is great too.

  • @jverderber
    @jverderber Місяць тому +10

    Is that the Silver to the moon shirt! Props

  • @user-pq5rb8ju4w
    @user-pq5rb8ju4w Місяць тому +14

    Silver Surfer, BABY! HI-HO-SILVER----AWAAAAAY

  • @kinglewy5772
    @kinglewy5772 Місяць тому +4

    Love that you dressed up in your Silver shirt. Great day for Silver miners, I hope we have more days like today

    • @TheDailyGold
      @TheDailyGold  Місяць тому +2

      Glad you like the shirt! Picked by my wife. Trend is up. We will have more days like this.

  • @jeffshaw4039
    @jeffshaw4039 Місяць тому +5

    There is a lot of excitement for silver and where the price will go.

  • @matthewgrainger5732
    @matthewgrainger5732 Місяць тому +4

    Another excellent video. I think your analysis is very helpful particularly as we are starting to see another major potential rally in gold and silver unfold and it is easy to lose focus as euphoria builds. Love the silver shirt and tie by the way!!

  • @marktr3822
    @marktr3822 Місяць тому +7

    I think the moon is in sight! WOW! Thanks Jordan!

  • @GrahamTube4u
    @GrahamTube4u Місяць тому +3

    Sit on your hands time. Loving it. Nice touch on the shirt and tie Sir.

  • @user-ey4od6jp9n
    @user-ey4od6jp9n Місяць тому +5

    You the MAN Jordan. I love your dedication to the PM Space! Great to see Bullion Banks and others looking to Ag!

  • @andyb8838
    @andyb8838 Місяць тому +6

    Silver!!!...

  • @BrianHeimbuecher
    @BrianHeimbuecher Місяць тому +1

    Cue Twilight Zone music: I was JUST looking at the 2003 silver Net Specs when you pointed it out as well. Scratch that... it was a Jedi mind trick I pulled off. That's my story & I'm sticking with it. Thanks for the episode!

  • @kevinbelcher5241
    @kevinbelcher5241 Місяць тому +4

    Nice silver shirt, how much over spot did you pay? 😀

    • @TheDailyGold
      @TheDailyGold  Місяць тому

      Not sure, my wife bought it for me.

  • @theceltbeserk1
    @theceltbeserk1 Місяць тому +4

    Live in Silver. Love it!

  • @superstar5123
    @superstar5123 Місяць тому +7

    Good job

  • @vitalitymirth
    @vitalitymirth Місяць тому +8

    Thank you for your analysis

  • @jayachandranpr7673
    @jayachandranpr7673 Місяць тому +4

    Jordan, thanks for the update. Very useful

  • @felipemtrevelin
    @felipemtrevelin Місяць тому +2

    Thanks Jordan

  • @bigdognance
    @bigdognance Місяць тому +6

    THANKS Joradn!! Nice Silver Shirt!!!🎉🎉🎉🎉 👕 🎽 👔 👕

    • @TheDailyGold
      @TheDailyGold  Місяць тому +2

      Thank you. My wife picked it for me. Love the emojis!

  • @brianp6955
    @brianp6955 Місяць тому +7

    ❤ the shirt mate

  • @agentlemadness1348
    @agentlemadness1348 Місяць тому +1

    Have always enjoyed your work, Jordan - You do great stuff - Thanks!

  • @Mythological321
    @Mythological321 Місяць тому +2

    lol. Love the silver threads bro. Boom!

  • @cjnahmno7
    @cjnahmno7 Місяць тому +1

    The real moment of truth will be at closing on Tuesday, the third trading day after the breakout of $30. If they haven't pounded it down by then we can start the celebration.

  • @Simonpt2000
    @Simonpt2000 Місяць тому +4

    Another mystery buyer has entered the precious metals market? Who is it?

  • @christinanapolitano6837
    @christinanapolitano6837 Місяць тому +2

    Looking Great in silver❤️

  • @hart-coded
    @hart-coded Місяць тому +3

    can you please do a video about gold and silver and if they pull back during a recession? if this time is different? if not how far can they pull back. thx apprec all you hard work

    • @TheDailyGold
      @TheDailyGold  Місяць тому +5

      From 1972 to 1978 precious metals were negatively correlated with stock market. They also diverged from stock market in 2000-2002 bear market. During stagflation there is a negative correlation with stock market. I think we could see a repeat of 73-74 next few years. I will record a video on this.

    • @trendlinetracker3147
      @trendlinetracker3147 Місяць тому +1

      Looking forward to that one!

  • @tallchapjg
    @tallchapjg Місяць тому +2

    Great presentation Jordan
    You better buy a gold shirt and tie now……

  • @contrariandealer3466
    @contrariandealer3466 Місяць тому +1

    Hell yeah!🎉

  • @goldismoney5899
    @goldismoney5899 Місяць тому +1

    GDXJ was up 4.67 percent. My portfolio was up 6.90 percent. I am loaded with mid tier miners, mostly Silver. EXK up 10.5, HL up 11, NGD up 12, FSM up 7.5.......

  • @holaclive
    @holaclive Місяць тому +2

    Nice Shirt and tie.

  • @userjoe4321
    @userjoe4321 Місяць тому +2

    Superb shirt, tie and video content 👍

    • @TheDailyGold
      @TheDailyGold  Місяць тому +2

      Thanks 👍 Kudos to my wife for picking it.

  • @issenvan1050
    @issenvan1050 Місяць тому

    So, should AG appreciate against AU?

  • @nevillokapi3617
    @nevillokapi3617 Місяць тому +2

    All Hard Assets,including PLATINUM AND PALLADIUM🙏🙏🚀

  • @issenvan1050
    @issenvan1050 Місяць тому +1

    Which one should perform better in the upcoming months: AGQ or GDXU?

    • @trendlinetracker3147
      @trendlinetracker3147 Місяць тому +1

      Good question. Miners are generally more volatile than commodities.
      Divide highs by lows to determine a possible trend.
      Less Than 1 Month : GDXU -- 46.70/32.01 = 1.46 -- AGQ 45.12/31.10 = 1.45
      " " 3 Months : GDXU -- 46.70/17.21 = 2.89 -- AGQ 45.12/23.42 = 1.93
      AGQ is gaining, but GDXU has the edge. Why not buy both?

  • @miket2916
    @miket2916 Місяць тому +4

    That feel when I was ready to buy gold at 1650 an ounce and them someone I trusted said it was a ripoff to buy in person because they take an additional 3% fee.
    (On top of the already above spot price... made sense to me since they need a commission)
    Would gladly pay that 50 bucks an ounce now to get anything under 2000/oz.

  • @shadowbanned4days
    @shadowbanned4days Місяць тому +2

    CHARGE!!!❤

  • @kevinjoseph517
    @kevinjoseph517 Місяць тому +1

    31 is not a surge....99 is surge.

  • @BigMike10960
    @BigMike10960 Місяць тому +3

    Nice silver outfit!

  • @brianmiller4732
    @brianmiller4732 Місяць тому

    Boat loaded with DSVSF, no brainer, Sprott owns 23%, sitting on 1B oz in the ground in Mexico

  • @danoneill2846
    @danoneill2846 Місяць тому +3

    cool

  • @howardsiegel9800
    @howardsiegel9800 Місяць тому +1

    Looks like silver is heading to 40 instead of 35. Hi, Ho Silver Away!

  • @BatmanBoss
    @BatmanBoss Місяць тому +4

    Nice Fit 🫡🥈🥈🥈🥈🥈

  • @Chainsayongku
    @Chainsayongku Місяць тому

    Got 100% today .run to 5x

  • @thisbiglife5946
    @thisbiglife5946 Місяць тому +2

    I mean, is it fair to say we're bullish?

  • @nwodestruction3903
    @nwodestruction3903 Місяць тому +1

    Geez, when I tuned in Jordan I had to quickly put my sunnies on to stop the glare.

  • @issenvan1050
    @issenvan1050 Місяць тому

    Should silver behave like gold or copper during the next recession?

    • @jamesgoode9246
      @jamesgoode9246 Місяць тому

      Uh, I think Copper goes up & down with the economy. Right ?
      So, Copper should go down during a recession
      while Gold & Silver move up.

  • @trendzone3865
    @trendzone3865 Місяць тому

    REST IN POWER: DR. LEE WARREN 🙏🏿

  • @hansmaulwurf3778
    @hansmaulwurf3778 Місяць тому +1

    Like just for the shirt….!!!👕

  • @user-nr2pk7ht5k
    @user-nr2pk7ht5k Місяць тому +2

    Ready for takeoff

  • @999silverhk
    @999silverhk Місяць тому

    Silver 👔 😂😂😂😂

  • @user-db5gb7gf4s
    @user-db5gb7gf4s Місяць тому +2

    I love your coiffure 😎

    • @TheDailyGold
      @TheDailyGold  Місяць тому +1

      Thank you! Compliments to my wife!