Archive for the ‘General Market’ Category

It’s Time to Get Out!

March 14th, 2011 No comments

This is for all you folks out there with retirement accounts in the general stock market. I’ve been warning for many months that the cyclical bull we’ve been in for almost two years is still just a counter trend rally in an ongoing secular bear market. I made that same warning about the last cyclical bull market from `02 to `07. Many people ignored me in November `07 when I said the second leg down in the secular bear had begun. I suspect many people wish they hadn’t. Read more…

The Growth Stocks of the Gold & Silver Bull Market

March 2nd, 2011 No comments

By Jordan Roy-Byrne, CMT

With the bull market in precious metals likely to accelerate in the coming years, folks should turn a great deal of their attention towards finding the growth stocks of the bull market. We are talking about your Ciscos and Microsofts. These are the stocks one can hold for at least several years. Read more…

Golden Fireworks are About to Begin

February 28th, 2011 No comments

By Toby Connor, GoldScents

The gold bull is now on the verge of launching the most spectacular up leg of this 10 year bull market. This spring we should see the final parabolic rally of the massive C-wave advance that began in April `09 with a test of the 1980 high at $860. Read more…

Time to Dump Stocks for Gold

February 23rd, 2011 No comments

By Jordan Roy-Byrne, CMT

The S&P 500 has rebounded about 100% in 100 weeks. What crisis? What new normal? The economy is recovering and happy times are back again. Old normal is back. Stocks for the long run! Permabears be damned! The permabulls are back! Rates are low, core inflation is low, its Goldilocks time! Read more…

Gold Will Outperform After Stocks Peak

February 9th, 2011 No comments

By Jordan Roy-Byrne, CMT

At the end of December we posted a commentary titled “Three Things that could Halt Gold’s Run.” We theorized that strength in conventional markets pressures Gold. When stocks perform well, mainstream gurus and stock jocks can ignore Gold. Here is a snippet of our comment: Read more…

Summer Break

February 7th, 2011 No comments

By Toby Connor, GoldScents

It has been my contention all along that the Fed would print until something breaks. Once that break occurs we will enter the next leg down in the secular bear market. This time I don’t expect it to be the credit markets, although we will almost certainly have trouble in the municipal and state bond markets. Some may even default. Read more…

Is It Safe To Go Back Into The Water?

February 2nd, 2011 No comments

Gold, silver, and related mining shares have been under attack for the past few weeks. This particular correction seems to be dragging on longer and deeper than some have expected. Don’t be scared out of your positions if you have good ones worth holding on to. Investors typically invest for the long-term and rely on solid fundamentals to guide them through stormy weather. The question many are asking right now, “Is the gold and silver market correction over?” In other words, is it safe to go back into the water…. Read more…

When and How Gold Will Begin its Bubble

February 1st, 2011 No comments

By Jordan Roy-Byrne, CMT

The bull market in Gold is in its 12th year (globally it began in 1999) but has yet to exhibit any “bubble-like” conditions. In fact, we still see many people referring to this bull market as “the Gold trade,” as if its an aberration that needs to be reversed or corrected. That aside, we know that Gold is under-owned as an asset class. The very well respected BCA Research estimates that globally only 1% is allocated to Gold and that fits with some of the charts that I’ve shown in the past. Read more…

Regression to the Mean

February 1st, 2011 No comments

By Toby Connor, GoldScents

All markets are subject to the forces of regression. Newton’s basic laws of motion; Action and reaction. At current levels both the S&P and Nasdaq 100 are stretched further above the 200 day moving average that virtually any other time in the last 10 years. Not surprisingly the further a market stretches in one direction the harder it snaps back in the other once the force of regression gets its hooks into the market. Read more…

Spec Money Exits Gold & Silver but Remains Heavily Long Other Markets

January 25th, 2011 No comments

By Jordan Roy-Byrne, CMT

There are many ways to measure market sentiment. We use surveys, put-call ratios, fund flows data and for commodities especially, the commitment of traders reports (COT). Lately, we’ve noted the improving sentiment picture for Gold. As a market weakens sentiment will naturally become less bullish. In this case, sentiment has weakened considerably yet Gold is only 6% off its high. Read more…