Jordan Roy-Byrne CMT, MFTA

Marc Faber’s latest thoughts in this interview with the Wall Street Journal….  

A month ago we noted that the gold stocks were headed lower and to a potential double bottom that would create another great buying opportunity. After seven straight weeks of price declines, the gold stocks rebounded last week and are off to a good start this week. We can’t be sure if a double bottom … Continue reading

This chart shows profits relative to GDP. In other words, it shows profit margins. Combine America’s record profit margins with high valuations and its a recipe for poor returns over the next five years. Conversely, profit margins in the rest of the world are much lower (so there is expansion potential). Valuations in emerging markets … Continue reading

Our weekend update sent to email subscribers posted here….

Trading activity by GoldMoney customers jumped 24% above last week’s levels but this was concentrated in gold where trading rose by 72%.

Tiho Brkan joined us to discuss his thoughts on Gold, Silver and the gold stocks. I think this is one of the best interviews we’ve done with Tiho.  

Mark Twain said history doesn’t repeat itself but it rhymes. We often see that in the capital markets. The big decline in Gold this year is reminiscent of that of 1975-1976. Yet, aside from that there are several other similarities between today and 1976. Gold, gold stocks, the stock market and commodities appear to be in a … Continue reading

This is according to the chart below. Commodities, Materials, Emerging Markets and Energy are the most underowned while Discretionary, UK, Europe, Tech, Real Estate and Japan are the most over owned.

Private equity firms raised $8.5B in 2012 for mining M&A. That figure could reach as high as $15B this year….

Relative Strength is a simple concept in technical analysis. Its essentially the comparison between two different securities or markets. In most cases, its the comparison between one stock to its sector or the market averages. With respect to precious metals, there are numerous comparisons one can make. These include comparing a stock to the sector, … Continue reading