Jordan Roy-Byrne CMT, MFTA

Gold and Silver broke out again late last week.    Gold closed above $2700 last Thursday, and Silver followed Gold’s breakout with one of its own.    Last Friday, Silver closed above $33, surpassing resistance at $32.50, which had held Silver since the middle of May. The breakout from a rough inverted head-and-shoulders continuation … Continue reading

Crash calls are a permanent fixture on social media which attract quite a bit of attention. None of them are even close to viable today. Crashes are rare and we just had one 4 years ago. Furthermore, secular bear markets do not end with crashes when bonds are in a secular bear as they are … Continue reading

A file of our most recent company reports.

An updated report on one of the best buying opportunities right now.

Gold cleared $2700 on Thursday to a new all-time high and Silver and the gold stocks exploded higher to close the week. Gold is on track for $3000 and Silver now has a potential target of $38.

The upside targets in GDX, GDXJ and SILJ if Gold goes to $3000 and Silver to $35. Also, new highs indicator can help identify sell signals.

The secular bull market in stocks is ongoing but in its 16th year. Gold & Silver have a lot more upside potential when it ends. It looks to continue into 2025 but could make a major peak if it melts up or if inflation returns forcing the 10-year yield to and above 5%.

Includes company report on development company.

Last week, we wrote about the big-picture technicals in Gold and Silver, employing quarterly and monthly charts.   Gold is overbought, but history suggests it can become even more overbought. Meanwhile, Silver made its highest monthly and weekly close in 11 years.   Both metals have room to move before stiff resistance sets in. … Continue reading