Jordan Roy-Byrne CMT, MFTA

Chart of Silver/S&P 500 dating back to 1900….

In this video update we cover treasuries, junk bonds, the Nasdaq, Silver and gold miners….

Last week we noted that the gold and silver shares had formed a short-term rebound in response to an oversold condition. Yet we felt that the downtrend that originated from the hard reversal in March was still in effect. As we go to publish, the rebound appears to be petering out. Be aware that there … Continue reading

Silver could be starting the final breakdown we discussed in an editorial about a month ago.  Silver broke lower today, hitting the lowest level since February. It is only 6 cents above its December closing low of $19.11. Interestingly, the silver stocks as judged by SIL and SILJ are showing more strength. The bottom two … Continue reading

In this brief I interview, I discussed my outlook for precious metals and stocks…

The chart below from BusinessInsider.com shows this mystery country’s share of output for a number of commodities. Click the image to enlarge.

In this interview we comment on the bottoming process in precious metals as well as the potential topping process going on in the stock market and the Nasdaq.  

This video focuses on inflation, commodities, commodity stocks and Gold and gold stocks….

The bottoming process for gold and silver shares has been arduous as they’ve oscillated back and forth for almost a year. We noted a month ago that the failed breakout in March was strong evidence that an interim top was in place. Heading into this week it looked like the miners would fall further before … Continue reading

Here are four charts that breakdown the Silver COT. Data is a week old so keep that in mind. First, here is the general COT. The black is the net speculative position (long) as a percentage of open interest. It has declined materially over the past few weeks. Next is open interest. Interestingly, unlike Gold … Continue reading