Jordan Roy-Byrne CMT, MFTA

Last week we speculated that a decline in May would create an opportunity. We concluded: The near term prognosis looks cut and dry. Until proven otherwise the short-term trend is down. If that is confirmed in the coming days then let these markets fall to strong support before buying. The Ukraine-induced alleged safe haven bid … Continue reading

In this interview we discuss historical analysis and technical analysis as it currently applies to the precious metals sector….

This is a chart of Gold vs. the S&P 500 dating back 115 years!

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.