Jordan Roy-Byrne CMT, MFTA

Paulson increases his fund’s holdings in GLD and select gold equities….

David Morgan discusses this article.

As we alluded to last week, there is an overflowing amount of evidence that both the metals and the shares have bottomed. Price action, sentiment indicators and fundamentals more than confirm a market bottom. Does this mean the market is ready to zoom much higher? Not necessarily. The sector must contend with some overhead supply … Continue reading

Douglas Ramsey, chief investment officer at Leuthold Group, and Holly Liss, director of global futures at ABN Amro Clearing, talk about the European debt crisis, stock and commodity prices, and their investment strategies. They speak with Stephanie Ruhle and Adam Johnson on Bloomberg Television’s “Lunch Money.”    

Here we post charts of three European stock markets as well as an index for Europe itself. Finally, we post some valuation data for Europe. We hope it lends some perspective to the day to day action. Here is Spain. It declined 65% from 2007-2012. Recent price action looks bullish as the market held long-term … Continue reading

Video from KitcoNews:  

Daily Newsletter nesday, August 8, 2012 In this issue… – Editorial – Gold & Silver, Metals & Stocks – Sponsor News – Premium Snippet Editorial… Sunday we wrote that the short-term outlook was bullish. Go here to learn the reasons why we are confident that the precious metals sector has bottomed and why it will … Continue reading

Quoting the Full Release from Couer D’Alene: Coeur d’Alene Mines Corporation (“Coeur”) (NYSE:CDE)(TSX:CDM) today announced that it has agreed to acquire 1,851,852 common shares (the “Shares”) of Huldra Silver Inc. (“Huldra”) (TSXV: HDA) at a purchase price of C$1.08 per Share, for total consideration of C$2 million. The Shares will be acquired pursuant to a … Continue reading

Back in April we were a bit presumptuous, believing the gold stocks would soon bottom. The ongoing correction was a water torture decline that avoided capitulation. Finally, in the middle of May we were confident that a major bottom was at hand. We argued that the market would make a higher low in July or … Continue reading

Daily Newsletter – Wednesday, August 1, 2012 In this issue… – Editorial – Podcast & Sentiment Charts – Sponsor News – Top 5 Stocks Report Editorial… This week we discuss whether a bear market in the stock market would hurt the gold stocks. The relationship between gold stocks and the broader market is historically inconsistent. There … Continue reading