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Excerpted from the 31 page NFTRH 283 (dated 3.23.14), which also thoroughly analyzed the precious metals and several other markets from a technical standpoint. This spike in short-term yields (2-year shown) is what harpooned gold last week and finally got it under control.   More importantly, this spike in the 2-year vs. the 30-year really … Continue reading

Argonaut earned net income of $26.8 million, prior to a one-time deferred tax charge of $16.8 million in 2013….

Throughout 2013 we posted the gold stocks bear market analogs. Now its time for the silver bear market analogs. Silver has had a very weak bounce in recent months and is threatening new lows. This suggests the bear is not quite over yet. However, this chart argues (because of the extended nature of this bear … Continue reading

Unless you’ve been living under a rock then you have witnessed the now false breakout in Gold and gold stocks. Our expectation was that the breakout would take Gold to $1420 and the stocks up to their neckline resistance (GDX $30 and GDXJ $51) and then we’d see the first real correction since the December … Continue reading

Listen to our interview with Dr. Jeffrey Kern who developed a reliable market timing system for the gold stocks…

Balmoral restarts drilling at Grasset….

First Majestic extends repurchase program…

Here are two charts of our silver producer index, which contains 14 silver stocks and is partially weighted. The index includes household names such as Silver Wheaton, Pan American, Hecla, Couer D’Alene as well as various junior producers. The first chart dates back more than 13 years. The blue line is the 80-week moving average. … Continue reading

In this chart we compare Gold’s decline from August 2011 with the bursting of the four biggest bubbles of the past 100 years: Nasdaq 2000, Japan 1990, Gold 1980 and Dow 1929. Those 4 bubbles followed a very similar pattern. They each declined 60% to 85% over a two and a half year period. Each … Continue reading

Gold Stocks & Gold continue to lead while Silver is the laggard. Will it breakout soon?….