Jordan Roy-Byrne CMT, MFTA

Precious Metals remain in correction mode. We should be on the lookout for a low and potentially a significant low in January.

It has been a good year for precious metals but not a great one as the leveraged side has underperformed. Gold has gained 28% yet has outperformed Silver and the gold and silver stocks which are up less than 20% on the year.    With the stock market still in a secular bull market, there … Continue reading

Some gold stock indices are showing some very bullish bases that could lead to huge breakouts in 2025. The ETF data reveals gold stocks to be extremely under-owned.

The yield curve is quietly steepening again. If it continues and accelerates that would be very good for Gold as it likely indicates more rate cuts ahead and a recession. On the other hand, if the Fed is able to pause for most of 2025 as the economy avoids recession, that would be bad for … Continue reading

The correction in Gold & Silver intensified this week and especially in miners and juniors. However, the stocks are now very oversold on short-term metrics.

Gold’s break out of a 13-year cup and handle pattern is likely the start of a new secular bull market.   However, as we wrote last week, a new secular bull market in the entire precious metals sector cannot begin until Gold breaks out against the conventional 60/40 investment portfolio.   Some are concerned … Continue reading

Gold, Silver & miners started the week strong but reversed course hard. Gold reversed lower after briefly exceeding $2700 and the same for Silver at $32.50.