Jordan Roy-Byrne CMT, MFTA

No pain, no gain. That is one comment regarding this seemingly terminal bottoming process in the precious metals complex. Multiple times as soon as conditions have strengthened enough for us to anticipate a breakout, the miners have put in a bearish reversal. At the same time, the metals and especially Gold have failed to gain … Continue reading

In this interview I share my outlook on the precious metals market as well as its relationship to the equity market.    

We know that the gold and silver stocks lead the metals at key turning points. The stocks started their bear market well ahead of Gold. This year the stocks have exhibited excellent relative strength. Gold and Silver are up less than 10% this year while GDX is up 27% and GDXJ is up 43%. In … Continue reading

I discuss some of my technical methods, some thoughts on Gold & Silver miners and even share a stock pick.  

Those familiar with Jesse Livermore and the book Reminiscences of a Stock Operator know who Old Turkey is. He was Mr. Partridge, an old trader who dispensed great wisdom in few words. Those at the office nicknamed him Turkey because of the way in which he strutted around with his chest puffed out. Livermore gleaned … Continue reading

Here is a look at the updated COT for Gold & Silver…

Courtesy of BMO, here are a few charts which plot valuations for silver stocks. The charts cover the last 4 years and categorize the silver stocks as seniors, intermediate and junior. The first chart is enterprise value / EBITDA. The second is price / cash flow.      

Analysis of the recent COT report…

Collin Kettell interviews us on our latest thoughts on precious metals…

The gold and silver miners have cooled off in recent days after a red hot start to the summer. Could this cool off be the start of another move lower or a pause before another leg higher? We continue to be bullish and a new reason is the sudden strength in the monthly and even … Continue reading