Jordan Roy-Byrne CMT, MFTA

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

Lately we’ve been writing about the negative correlation between the equity market and the precious metals market. This phenomenon has been in place since summer 2011 and has re emerged in the past few months. Since November 23, the S&P 500 is up 8% while the gold shares are down 14%, Silver has lost 11% … Continue reading

The HUI/S&P ratio is the most oversold its ever been in the bull market. See the chart below. Click Here for a Full View. Click Here to Listen to the MP3 file. YouTube clip coming soon.

Jordan Roy-Byrne is interviewed on the GoldMoneyPodcast & Frisby’s Bulls & Bears….

Further to its news releases of Jan. 29, 2013, and Feb. 6, 2013, and due to investor demand, Huldra Silver Inc. has revised the terms of the private placement financing of unsecured convertible debentures by increasing the principal amount to be issued to $10-million from the previously announced $6-million. The principal amount of the debentures … Continue reading

Our silver growth producer index contains 10 silver producers we deem as “growth-oriented” companies. As you can see the short-term price action is quite similar to GDX. The index will likely test the blue line. Will we see a major long-term double bottom? We reiterate that index has the potential for a super bullish cup … Continue reading