Jordan Roy-Byrne CMT, MFTA

Follow the link below to view the update which contains a small premium sample…

Huldra also provides an update on the status of the Merritt Mill and Treasure Mountain Mine…

We know sentiment is bearish, but let’s view some indicators to see just how bearish it is…

As the gold mining sector plunges to the end of a cyclical bear market, one wonders if this ongoing selling climax will precipitate a catalyst for more mergers and acquisitions in the industry. The last 12 years tells us that these transactions tend to follow the market itself but with a lag. Peaks in M&A … Continue reading

Thanks to Tiho Brkan for these updated charts…. Large specs long Gold position is at a 4.5 year low. Large specs silver longs have more room to decrease.

Hedge funds are the most short Gold since 2006, according to Dan Norcini.  Alasdair Macleod of GoldMoney has also written about this. His article can be seen here.  Quoting the first part of it: This week considerable instability developed in currency markets. The yield on US Treasuries has been rising, signalling that they may have … Continue reading

Since the end of December we’ve been writing about the coming bottom in precious metals. Our forecast for 2013 was to see a low in Q1 and then continued consolidation until the end of the summer in which Gold could be in good position to break $1800. That forecast remains largely intact, although it appears … Continue reading

We talk bigger picture (equities, Gold & Silver), market cycles and why stagflation is coming but not hyperinflation. Thanks to Alternative Investors Hangout for having us.    

Bets on higher gold prices fell to the lowest since December 2008….Hedge funds cut bets on higher prices by 56 percent since October…

The chart shows that hedge fund shorts are now higher than in late 2008 and May 2012. Long positions are quite close to levels seen in summer 2012. Quoting Dan Norcini: Notice that since October of last year, hedge funds have been steadily liquidating long positions in the gold market while simultaneously instituting brand new … Continue reading