Jordan Roy-Byrne: The relationship between gold stocks (while in a secular bull market) and the broad market (while in a secular bear market) is difficult to diagnose and that is what makes it so interesting. There is no single rule of thumb or axiom we can trust Read more…
NYSE:GDX, NYSE:GDXJ, NYSE:GLD, NYSE:IAU
Jordan Roy-Byrne: In recent commentaries we’ve written about the three phases of a bull market and how and why the final phase evolves as it does. Valuations, sentiment and market structure all explain why markets take a dramatic upward turn in the final phase Read more…
NYSE:GDX, NYSE:GDXJ, NYSE:GLD, NYSE:IAU
Jordan Roy-Byrne: There are two drivers of stock prices: valuation and earnings. Valuations are very much driven by investor sentiment while earnings are driven by revenue Read more…
NYSE:GDX, NYSE:GDXJ, NYSE:GLD
Jordan Roy-Byrne: In researching past equity bull markets, we’ve found numerous similarities between all. Each bull market has three clearly defined phases. The last phase of each bull market is driven by valuation expansion which is made possible through the wall Read more…
NYSE:GDX, NYSE:GDXJ, NYSE:GLD, NYSE:IAU
Sally Lowder: Despite market malaise, the outlook for rare earth element demand is growing more and more compelling. China still controls a majority of the supply, but has been cautioning the world that even its reserves can’t last forever. North America desperately Read more…
REMX
Jordan Roy-Byrne: By now, everyone has seen the chart of Homestake Mining and its bull market run from 1924 through 1935. Hence, there is no need to repost it. In this editorial, Frank Barbera shows a handful of charts of gold stocks and gold stock indices Read more…
NYSE:GDX, NYSE:GLD, NYSE:IAU, NYSE:SLV
Jeff Clark: For the past eighteen months, gold stocks have been pummeled. They showed some life from mid-May to mid-June – Market Vectors Gold Miners ETF (NYSEARCA:GDX), the gold miner’s index, was up 21%, while gold rose 5.5%. That bounce was exciting, Read more…
NYSE:GDX, NYSE:GDXJ, NYSE:GLD
Jordan Roy-Byrne: Mark Twain said that history doesn’t repeat itself but it rhymes. This is also true in the markets. No bull or bear market or particular event is ever the same. Yet, because there are similarities, the prudent analyst always studies history. When trying to foresee bottoms Read more…
NYSE:GDX, NYSE:IAU, NYSE:SLV
Peter Krauth: Let’s make something clear up front: junior mining stocks are not for the faint of heart. Legendary investor Doug Casey calls them “the most volatile stocks on earth.” Read more…
NYSE:GDX, NYSE:GDXJ
JT Long: Charles Oliver, a senior portfolio manager for Sprott Asset Management, is keeping the faith that gold and silver stocks will eventually benefit this year as Europe and the U.S. continue to print money. In this exclusive interview with The Gold Report, Oliver says that an Read more…
NYSE:GLD, NYSE:SLV
Jordan Roy-Byrne: In the early days of this bull market many prominent analysts and leaders from the bullish camp noted that the juniors would be the way to best leverage the bull market. The thinking was that juniors were a call option on Gold and senior producers because of their lack of exploration Read more…
NYSE:GDX, NYSE:GDXJ, NYSE:GLD
Tom Essaye: One of the biggest events of last week was the May jobs report, which was a huge disappointment. Markets tanked on the release, with the Dow and Nasdaq giving up all their 2012 gains. Gold was the most logical winner … Read more…
NYSE:GDX, NYSE:GDXJ, NYSE:GLD
Jordan Roy-Byrne: Longtime readers know that we are a huge fan of intermarket analysis which is a rather new field within technical analysis. I believe John Murphy developed this field, thanks to his book. Intermarket analysis is the analysis of the relationships between the major asset Read more…
NYSE:GDX, NYSE:GLD, NYSE:IAU
Jordan Roy-Byrne: Two weeks ago we proclaimed a major bottom could be imminent in the precious metals sector. Our basis for making the prediction was that the metals and shares were extremely oversold, breadth indicators were at 2008 levels, sentiment was contrarian bullish and markets Read more…
NYSE:GDX, NYSE:GDXJ, NYSE:GLD
George Mack: Gold and silver began a correction nine months ago, but shares of the mines that produce these valuable metals have suffered in a much more exaggerated fashion. Mine2Capital Co-Founder and Partner Alka Singh has prospected for ideas that she believes will maximize shareholder value when the markets Read more…
NYSE:GDX, NYSE:GDXJ, NYSE:SIL
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