At the start of the year we wrote about what we could expect from the gold stocks and juniors over the first half of the year. All of these markets experienced significant multi-year breakouts in late 2010. This year called for a retest of those breakouts before the next advance would ... Read More
Category: Jordan Roy-Byrne
16
May2011
The gold stocks are in a correction which could turn out to be the largest and deepest since the crash of 2008. Now is not the time to panic but to evaluate where the gold stocks may go and where buying will come in to support the market. We utilize ... Read More
May 16, 2011chanakya
13
May2011
Though Gold and Silver were able to make new highs in recent months, the gold stocks (as evidenced by GDX (large caps) and GDXJ (larger juniors) never did. We wrote of their relative weakness and how it was a warning sign for the sector. The shares failed to breakout and ... Read More
May 13, 2011chanakya
28
Apr2011
Silver is in a structural bull market and will see significantly higher prices in the coming years. However, now is not the time to be buying. The market has spiked and a retracement is coming. Sentimentrader.com’s public opinion as of last week was over 90% bulls. The daily sentiment index ... Read More
April 28, 2011chanakya
18
Apr2011
Gold looks fantastic. It is breaking away from a consolidation which could be called a running correction. Two weeks ago Gold broke to a new high. Last week Gold retested the breakout and then advanced to another new high at the end of the week. Its textbook bullish action. Yet ... Read More
April 18, 2011chanakya
07
Apr2011
We obviously have been too cautious on Silver. The metal has been on a tear and has shown no weakness in the past few weeks. Our upside targets were $37 and $39. A clean break of $39, which seems imminent will send the market to $45 and possibly $50. Monday ... Read More
April 7, 2011chanakya
29
Mar2011
In this missive we reply to the supposed reasons against investing in Gold.
Point: If you bought Gold in 1980, you were in the red for many years.
In only two and a half months, Gold went from $400/oz to over $850/oz. Gold really began to takeoff in the second quarter of ... Read More
March 29, 2011chanakya
08
Mar2011
Silver has been red hot lately and the silver shares have joined in the fun. Yet, we haven’t seen a corresponding breakout in Gold or in the gold shares (as evidenced by GDXJ and GDX). In the chart below we show SIL (large silver stocks), Silver, Gold, GDXJ (gold juniors) ... Read More
March 8, 2011chanakya
03
Mar2011
With the bull market in precious metals likely to accelerate in the coming years, folks should turn a great of their attention towards finding the growth stocks of the bull market. We are talking about your Ciscos and Microsofts. These are the stocks one can hold for at least several ... Read More
March 3, 2011chanakya
22
Feb2011
The S&P 500 has rebounded about 100% in 100 weeks. What crisis? What new normal? The economy is recovering and happy times are back again. Old normal is back. Stocks for the long run! Permabears be damned! The permabulls are back! Rates are low, core inflation is low, its Goldilocks ... Read More
February 22, 2011chanakya