Jordan Roy-Byrne CMT, MFTA

…Sovereign governments through their bailouts, stimulus packages and support, have basically become the credit markets….

A look at the ISE put/call ratio for GLD and public opinion on Gold….

..The BOE is warning families to plan for a lower standard of living….

A few weeks ago we wrote about the true cause of hyperinflation, which is a major break or failure in the bond market. It has nothing to do with demand, bank lending or the velocity of money as many have suggested. It is a confidence issue….

…I look at many things to track sentiment. In terms of Gold we have COTs and various sentiment surveys among other things. The ISE put-call data has been the most reliable…

…Interestingly, the best value is now at the very bottom of the food chain. Some people call these the crap juniors or the garbage juniors. I refer to them as the lower tier juniors…

….Investors are the most bullish on the dollar since the collapse of Lehman Brothers Holdings Inc. on speculation the U.S. economy will expand at a faster pace than in Europe and Japan, a survey of Bloomberg users showed….

Commentary on Copper, Platinum, Gold and Silver…

Hyperinflation occurs when a country’s bond market breaks. In other words, the sovereign nation is no longer able to fund itself. Its bonds fall (yields rise) to the point where the government has to print money or default….

BMO Capital Markets predicts silver will average $20 per ounce this year and next, and is expected to decline to $15/oz in 2012…..