The Gold Stocks are Tracking Past Equity Bull Markets

By Jordan Roy-Byrne, CMT

All bull markets have similarities and all equity bull markets have strong similarities. They go through similar phases. Most bull markets start off slow and then build towards what we like to say is an acceleration into a bubble and potential mania. In last weeks editorial we noted how bull markets, prior to the bubble phase, tend to make major bottoms every three or so years.  Yet, in looking at the present bull market in gold stocks and comparing it to the previous three equity bull markets (Technology, Japan and Gold Stocks) we find stronger and deeper similarities which confirms to us that the gold stocks are in the bull market of our time. Read more…

When will Gold Stocks Reach the Bubble Phase?

By Jordan Roy-Byrne, CMT

Gold is in a bull market and so are the gold stocks despite their struggle as a group to outperform Gold. This is nothing new though. We’ve written about this in the past and Steve Saville has before us. Nevertheless, the miners are in a secular bull market and investors need to pick better stocks and ignore the hundreds of losers. The bull market is moving forward but is nowhere close to a bubble nor the speculative zeal we saw in 2006-2007. Thus, it begs the question of what lies ahead and when can we expect the initial stages of a bubble. Read more…

Interim Peak in Bonds Coincides with Rebound in Mining Stocks

By Jordan Roy-Byrne, CMT

We’ve written about the importance of intermarket analysis. Movements in various sectors and asset classes influence each other. The Treasury market is the largest in the world and affects trends in other markets. Interestingly, Bonds at times move with Gold. In these cases it is due to a safety or flight to quality play and as a result mining equities tend to underperform. Earlier this year, the safety plays were the Swiss Franc, Gold and Bonds. The first two were first to reverse and now Bonds are putting in an important top. The beneficiary of this market shit will be mining equities and equities in general. Read more…

Gold at a Major Crossroads

October 10th, 2011 What do you think?

By Toby Connor, GoldScents

I think next week will mark a major turning point in the gold market. Depending on whether the dollar continues higher or turns back down we will either see a resumption of the D-Wave decline or this will just turn into a normal run-of-the-mill intermediate degree correction followed by another leg up in this 2 1/2 year C-wave advance. Read more…

Is There Any Gold Left In Fort Knox?

I recently watched this video special on the History Channel that calls into question if there is any US Gold left in Fort Knox which has not been publicly audited since the early 1970′s. I think it is time to lift the veil of secrecy on Fort Knox and thoroughly audit the gold there. I am sure this is something no one in our government with the exception of Ron and Rand Paul, would want to touch with a 10 foot pole. This gold belongs to the American people and we have the right to know if our gold is there or not. See videos below. Read more…

Gold and Silver Speculators Have Left the Building

By Jordan Roy-Byrne, CMT

We use a combination of sentiment analysis and technical analysis in market timing which often gets a bad name courtesy of mainstream retail nonsense. The dumb money tries to time the market while the smart money utilizes market timing to weigh risk and reward. It’s rather simple when you acquire the skills and helps you understand markets. Recently we had been quite bullish on precious metals but thought we were in a small corrective period. We were wrong as the sector has suffered from Europe’s version of 2008. The good news is, our market timing work leads us to believe that the worst is soon to be over and this is an opportunity on the long side for those who have a twelve month time horizon. Read more…

Gold Stocks Break to New Highs Against Equities

By Jordan Roy-Byrne, CMT

In our most recent commentary we wrote about the relative strength in the gold equities. Gold equities have not only bucked the downtrend in the equity markets but in relative terms are breaking to new highs against equity indices. In the chart below we plot precious metals prices, GDX versus the Morgan Stanley World Index and GDX versus the S&P 500. We highlight how each performed during bear markets. Other than in the crash in 2008, precious metals and the equities have performed quite well during times of struggle for conventional stocks. Read more…

Mainstream Media Continues to Exclude Ron Paul

I generally don’t post much information about political candidates on GoldStockMania.com. However, I am going to make an exception for 2012 Presidential candidate Ron Paul. If there ever was a candidate for the people, for an honest monetary system including gold & silver, pro abolishing the IRS and the federal income tax, pro citizen privacy, pro US Constitution, etc., then Ron Paul is that candidate. The mainstream media continues to almost completely blackout his campaign in attempt to prevent people from hearing his message. Jon Stewart from the Daily Show does a great job of exposing the Ron Paul Media Blackout. See this short video below, where Jon makes it all to obvious. Read more…

Relative Strength of Gold Stocks Signals the Future

By Jordan Roy-Byrne, CMT

Savvy and experienced market technicans and traders will laud the concept and importance of relative strength. Relative strength analysis can be used on any time frame. On large time frames it can tell us which sectors could be future leaders. On shorter time frames it can also provide insight to the future. In this analysis we examine the relative strength of the gold stocks today and compare it to the past as some important insights can be gleaned. Read more…

BIX WEIR: The Main Battle Now is in the SILVER Market

For those of you waiting for the next silver price explosion, I highly encourage you to take a few minutes and listen to this interview below by Bix Weir. He talks about a pretty substantial event taking place before the end of 2011 that will cause all hell to break loose in the Silver market. I also believe it is long over due, see 7 Reasons Why Silver Will Make You Rich! I hope you got your silver positions before the train leaves the station.

Read more…