Jordan Roy-Byrne CMT, MFTA

Newmont Mining (NEM) reported its Q4 earnings yesterday. The company beat analyst expectations for both profits and revenue. Profits were up 46%. However, the company guided for lower production in 2011. Newmont shares took it on the chin, falling 6.3% on Thursday. Those who are looking to large cap miners as a way to play … Continue reading

The S&P 500 has rebounded about 100% in 100 weeks. What crisis? What new normal? The economy is recovering and happy times are back again. Old normal is back. Stocks for the long run! Permabears be damned! The permabulls are back! Rates are low, core inflation is low, its Goldilocks time! US stocks are only … Continue reading

This comes from Reuters: The fading allure of bullion and gold stocks is tied to rising prospects for the global economy, said Howard Atkinson, the president of BetaPro Management Inc, which puts out a quarterly survey on adviser sentiment. The latest results showed a big drop in expectations for gold following two years of consistently … Continue reading

Last we checked, Silver was trading at $32.53/oz. It is higher by more than 2% today after its breakout yesterday. All is good and merry right? While Silver has surged in recent days and weeks, the silver stocks have lagged tremendously. In the chart below we show SLV and the SIL/SLV ratio. SIL is an … Continue reading

Why is Silver continuing to outperform Gold? The Silver/Gold ratio tends to lead or follow the stock market. Risk assets are outperforming. Silver is outperforming Gold as a risk asset. It is not outperforming for monetary reasons. That occurs when both Gold and Silver advance but Silver outperforms Gold. This is one of several reasons … Continue reading

C/O of GATA, here are some of Thomas Kaplan’s thoughts on Gold. Pay special attention to the bold: Even today, as the gold rally has reached the 10-year mark (following a 20-year bear market), the metal represents a mere 0.6 per cent of total global financial assets (stocks, bonds and cash). This is near the … Continue reading

At the end of December we posted a commentary titled “Three Things that could Halt Gold’s Run.” We theorized that strength in conventional markets pressures Gold. When stocks perform well, mainstream gurus and stock jocks can ignore Gold. Here is a snippet of our comment: Currently, stocks are performing well as are commodities led by … Continue reading

Jason Burack joins us to put the recent volatility in perspective. Jason Burack is an Investor, Entrepreneur, Financial Historian, Austrian School Economist, and Contrarian. Jason co-founded the startup investor education and financial education company Wall St for Main St, LLC, to try to help the people of Main Street by teaching them the knowledge, skills, … Continue reading

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The bull market in Gold is in its 12th year (globally it began in 1999) but has yet to exhibit any “bubble-like” conditions. In fact, we still see many people referring to this bull market as “the Gold trade,” as if its an aberration that needs to be reversed or corrected. That aside, we know … Continue reading