Jordan Roy-Byrne CMT, MFTA

Courtesy of Bruce Pile and Dollar Daze, is this chart, which shows the backing of the monetary base in terms of the Gold held by the US. Note that 100% would mean that the money supply is 100% backed by the price of gold (at that time). The two bull markets in Gold peaked at … Continue reading

Tell this to a baby boomer or a middle aged person and they would be quite skeptical. Their neighborhood financial advisor or planner doesn’t advocate Gold. It is too dangerous. It could drop to $500. Gold stocks? Hell no! After failing to get you out of stocks not once but twice in the last ten … Continue reading

When will the states need to be bailed out?

CNBC’s analysis after Thursday’s big drop…

Focus on the real sentiment indicators…

Check out this chart from the Aden Sisters….

Commentary: Contrarian analysis remains upbeat about gold’s prospects…

It is not exactly groundbreaking analysis to say that whats good for Gold is generally good for Silver. As observers of the precious metals know, Silver tends to lag Gold but eventually catch up quickly. In the long-term sense, Silver is still a year or two behind Gold as Gold has broken above all resistance … Continue reading

Escalating sovereign debt problems in Europe has prompted some to wonder if another “Lehman” type collapse is on the horizon. As a result, some precious metals observers have grown cautious, fearing a replay of the events of two years ago. While it is always prudent to be cautious with an extremely volatile sector like the … Continue reading

The following is a brief snippet of Wednesday’s 16-page update. Go here for more information on our service and a free 14-day no risk trial. Gold Gold remains on track (as far as our template).  Here is the potential bullish outcome.  The longer Gold holds above $1160 and that trendline, the more likely the bullish … Continue reading

Courtesy of the Big Picture & the WSJ….

As we’ve discussed recently, persistent deflationary forces do not augur for a repeat of Japan circa 1990s or the US in the 1930s. Instead, because of the inability of governments to finance their current and future debt burden (there is a dearth of domestic savings and global capital), deflationary forces will ultimately lead to severe … Continue reading