Jordan Roy-Byrne CMT, MFTA

Precious Metals are setup to move higher and diverge from the stock market when it endures its next bear market. History shows how this transpires at or near the beginning of secular bull markets.

Gold & Silver remain in correction mode and it is accompanied by falling or low volatility.

The trends in Debt to GDP, Net Interest on the Debt and the budget deficit necessitate yield curve control and debt monetization in the next few years. This is the major game changing catalyst for Gold.

History shows Gold is the most uncorrelated asset, even more so than Bonds. Meanwhile, Bitcoin is the most correlated asset of all time, despite proclamations to the contrary.  

Full update of our company watch list. It includes updated notes (a few paragraphs) and financial information and general comments on the entire watch list.  

Gold broke out from a 13-year cup and handle pattern earlier this year to a new all-time high and advanced to $2800/oz.   Silver broke out from 4-year resistance and recently reached an 11-year high, touching $35/oz.   However, the ongoing secular bull market in US Stocks and the emerging bubble in cryptocurrency have … Continue reading

Jared Dillian, author of multiple books and publisher of The Daily Dirtnap, remains long-term bullish on Gold and believes we will have to monetize the debt during the Trump administration, which won’t be bullish for the stock market.

Gold against the 60/40 Portfolio shows how precious metals are performing against stocks and reflects capital flows. Money is moving out of Bonds and into Stocks first and Gold as a close second.

The update included an updated report on a Top 10 Company and a full update of our Top 10 Company Notes Table.