Jordan Roy-Byrne CMT, MFTA

Could the miners be ready to lead Gold….

Mickey Fulp in our interview discusses…

Brief analysis of the metals with a greater focus on the gold stocks…

Precious Metals have had an interesting week. Both Silver and the gold stocks rebounded off their 50-day moving averages only to do a 180 the following day. Meanwhile Gold has given back most of its January gains. In this missive we consider the near term outlook for Gold and the gold stocks. In the chart … Continue reading

My apologies as I had the wrong links. Fixed now.  We joined Mike Swanson of Wall Street Window to disuse our latest thoughts on precious metals. Click Here to Download/Listen (At the end there was some major background noise outside my office).   

Our latest comments on all things precious metals….

For the most part positive fundamentals (for gold mining companies) refers to rising Gold prices. However, this neglects the things under the surface which can affect margins as much as headline prices and in some cases more. In the chart below we plot Gold priced in Canadian Dollars, Gold against Oil and Gold against Industrial Metals. … Continue reading

Focus on the gold stocks and a few fundamental developments…

Randgold Resources increased its gold production by 26% in 2014 while reducing its total cash costs by 2%. Profit decreased by 17% to $271 Million but the board of directors proposed a 20% increase in its dividend. Mark Bristow, Randgold’s CEO, continues to drop hints that an acquisition may be coming. Our long standing goal … Continue reading

Gold and gold mining shares rebounded strongly from the end of December through the first three weeks of January. Over the past several weeks the sector has digested those gains while holding above rising 50-day moving averages. The sector is nearing a bit of a decision point where either a breakout could occur or further … Continue reading