Jordan Roy-Byrne CMT, MFTA

This piece expounds upon what we covered last week. In that piece, regarding Gold, we concluded: If Gold is able to firm up here and now then it has a good shot to rally back to $1750-$1800 over the next few months. If we get the bullish scenario and a fundamental catalyst shift then expect … Continue reading

According to Stephen Letwin, CEO of IamGold, we could be at peak Gold right now because the industry has already exploited its best reserves. Global gold production in the first nine months of 2012 fell 1 percent from a year earlier to 61.5 million ounces, according to Bloomberg. The average ore grade of reserves at … Continue reading

Today, Greg Weldon covered it all. We started with Bonds then moved to Europe (with some comments on the Fed in between). Later we moved to Gold and Greg likes the technical setup. According to Greg, 2013 has the largest amount of debt that must be sold by most major governments. Of course that could … Continue reading

..The Martiniere and Fenelon Properties form part of the Company’s Detour Gold Trend Project. The N2 Property is located approximately 80 kilometres to the southeast..

Contrarians are you paying attention? Bloomberg reports that hedge funds cut their bets on commodities to a six-month low even as commodities have rallied a bit. Speculators trimmed net-long positions across 18 futures and options by 5.4 percent to 654,443 contracts in the week ended Jan. 8, the lowest since June 19, U.S. Commodity Futures … Continue reading

Aurizon shares finished up 32% today after Alamos Gold offered $792 Million for the company. Bloomberg Reports: Aurizon is considering the proposal, Jennifer North, a spokeswoman for the Vancouver-based company, said during a phone interview. Aurizon rose 34 percent to C$4.57 at 12:55 p.m. in Toronto after earlier rising as much as 36 percent, the … Continue reading

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This analysis is excerpted from part of yesterday’s subscriber update in which we presented our outlook for Gold, Silver and GDX/HUI. When making forecasts and writing outlooks, analysts must look at a multitude of things. We usually begin by examining the macro landscape via intermarket analysis. How are the various markets trending? Which are lagging? … Continue reading

Balmoral Resources Ltd. has released results from eight holes completed on the company’s Northshore property in Ontario. The intercepts reported today expand the Afric gold zone along strike to the northeast and to depth. Results continue to point to the presence of several high-grade gold-bearing structures within a very broad corridor of anomalous gold mineralization. … Continue reading

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