Tag: Jordan Roy-Byrne

12

Jul2010
Once again we see another bearish piece on Gold in the WSJ. Rather than attack the author personally, we want to illustrate how the article is another example of the lack of any quality gold commentary both in general and in mainstream publications. First, its important to note why you won’t see ... Read More
July 12, 2010chanakya

06

Jul2010
Tell this to a baby boomer or a middle aged person and they would be quite skeptical. Their neighborhood financial advisor or planner doesn’t advocate Gold. It is too dangerous. It could drop to $500. Gold stocks? Hell no! After failing to get you out of stocks not once but ... Read More
July 6, 2010chanakya

25

Jun2010
The latest and most flaccid argument against Gold is the idea that the increase in advertisements for buying and selling Gold are an indication of a crowded market or public involvement.  As I explained in an editorial last year, sentiment follows the trend most of the time. As a bull market ... Read More
June 25, 2010chanakya

18

Jun2010
It is not exactly groundbreaking analysis to say that whats good for Gold is generally good for Silver. As observers of the precious metals know, Silver tends to lag Gold but eventually catch up quickly. In the long-term sense, Silver is still a year or two behind Gold as Gold ... Read More
June 18, 2010chanakya

11

Jun2010
Escalating sovereign debt problems in Europe has prompted some to wonder if another “Lehman” type collapse is on the horizon. As a result, some precious metals observers have grown cautious, fearing a replay of the events of two years ago. While it is always prudent to be cautious with an ... Read More
June 11, 2010chanakya

06

Jun2010
Gold Gold remains on track (as far as our template).  Here is the potential bullish outcome.  The longer Gold holds above $1160 and that trendline, the more likely the bullish outcome. Sentiment remains supportive.  See the GLD put-call below.  Also, public opinion from sentimentrader.com is 69% bulls.  Interim tops have occurred at ... Read More
June 6, 2010chanakya

27

May2010
As we’ve discussed recently, persistent deflationary forces do not augur for a repeat of Japan circa 1990s or the US in the 1930s. Instead, because of the inability of government’s to finance their current and future debt burden (there is a dearth of domestic savings and global capital), deflationary forces ... Read More
May 27, 2010chanakya

22

May2010
Recently, I had written about how a deflationary impulse in the capital markets would be a catalyst for the gold stocks. This turned out to be accurate as stocks and commodities weakened while treasuries and the US Dollar advanced. Gold and gold stocks also moved higher. Nevermind the comments I ... Read More
May 22, 2010chanakya

12

May2010
There are numerous reasons both fundamental and technical as to why the precious metals complex will surge over the next 18 months. The sector’s surge will be reinforced by the lack of an obvious trend in most other markets. Gold, Silver and the mining stocks will surge while other markets ... Read More
May 12, 2010chanakya

05

May2010
In the wake of continuing global financial turmoil, we hear quite a bit about “safe havens.” Ask someone today and they’d tell you that the US Treasuries are a safe haven and probably Gold also. On a day-to-day basis, certainly the US Dollar and US Treasuries are safe havens. The ... Read More
May 5, 2010chanakya