Jordan Roy-Byrne CMT, MFTA

Analysis from “Truth In Gold”

Gold has been the best crisis hedge, and its not even close.

BCA: The US$ is not dead, just smells funny. Expect the trade weighted greenback to fall to fresh lows.

From the Reuters piece: “As of today, we are a fully unhedged gold producer,” Barrick Chief Executive Aaron Regent said at an investment conference in New York. The elimination of hedges comes earlier than the company had planned. Barrick said in September that it would get rid of all its hedges within 12 months, but … Continue reading

Futures exchanges like the Comex are giving buyers and contract holders paper and not metal. The full story is here.

Courtesy of Market Watch: “Over the holiday, I’ve been reading the gold advisories that I usually follow. Almost without exception, they’ve had their subscribers trade out of gold. … I’ve said over and over ad nauseam, that you can’t out-trade a powerful bull or bear market. Bull markets like this gold bull market come along, … Continue reading

An article from the new issue of Time Magazine about Gold’s moment in the spotlight.

The new gold bugs are taking gold mainstream. Tudor, Paulson, Greenlight, and Hayman bring the precious metal in from the fringe.

The US cannot finance its ever growing obligations from existing savings or foreign borrowing. The solution is number three: monetization.

Policy makers in Japan are thinking about initiating quantitative easing.