Here are the links from this past week...
 

New Bull Market in Gold on Track
Last week we noted that Gold had more work to do. Given that it exploded through the $1180-$1200 area, all it needs to do is hold that on a retest and off it goes. 


Video: Why is Gold Suddenly Performing Well?
A video commentary. Short answer: plunging yields means negative real rates again. 

Prospects for Precious Metals
Post from Erik Swartz at Market Anthropology. Numerous charts to make his case. 
 

Weekly Market Summary
Post from Fat-Pitch Blog. He covers Gold. I agree that Gold could pause if the stock market rebounds. 


Gold vs. Silver During Bull Markets
Very informative post from Steve Saville


Art & Shipping Bellwethers Send Ominous Signal for Markets & Economy
From Jesse Felder. 







Premium Snippets 



Chart 1...

A look at GDX's rolling premium/discount to NAV and the volatility of that data.  

GDX has only been around 10 years so we don't have a ton of data to use. Clearly, recent data is showing similarities to that of late 2008. The 14-day volatility reading is now the highest its ever been (ex late 2008). 





Chart 2....

Here is the weekly Top 15 Index. It closed up 11.3% to 152. Thursday's gap goes from 138 to 144. Those levels are support. If the index runs all the way to 170 that doesn't prevent it from retesting the breakout and snapping back to 144 or 138. I'd prefer it correct immediately (along with Gold testing $1200) and snapback to 138 (10% decline) before moving onto higher levels. 
 

In TDG #452, a 32-page update sent Saturday evening we wrote:

...For those anxious to put cash to work (and that includes me) take a balanced and measured approach. Look for the stocks that aren’t as overbought or solid values at these levels. Consider doing 3% buys rather than 5% buys. Look to buy 5%-7% weakness rather than 15-20% weakness...

​We noted which company we'd buy right now (we bought two on Friday) and we noted which stocks we'd accumulate on 5% weakness. That is for those who are underinvested. We have a 40% cash position so we don't mind any weakness.

We wrote a report on one of the companies we bought on Friday. It is an exploration company with huge potential. A few weeks ago it was at one of its best values ever. The other company we bought, which we'd buy again is a company with a project that works at $1250 Gold and has huge upside at $1400 Gold. The stock is very cheap and a big name in the sector (not an insider) took a position in it in the past year.  

We are writing one company report per week in these updates. The amount of information and analysis you get in our updates simply dwarfs what other services provide. 

Whether you are accumulating Gold and Silver or want to speculate on promising juniors, our service can help you. We provide objective and actionable research on Gold, Silver and the companies. And we provide fundamental analysis reports of the companies. We also keep our eye on other markets. We are one of the only newsletters in the space that trades a real portfolio. That means our goals are aligned with yours. And we are one of the only editors who is a professionally credentialed analyst.

Unlike many of our competitors we don't make ridiculous promises, we don't employ copy writers to give you the hard sell, we don't try to sell you additional products nor do we charge obscene prices. Also, we admit our mistakes and learn from them because thats how we grow and provide greater value in the future.


I have subscribed to many investment services over my lifetime. I can honestly say Jordan Roy-Byrne has developed not only one of the most analytically accurate, but also has hit the high water mark by making his analysis feel personalized. In addition to a detailed weekly report, he often sends additional emails with daily observations of not only the physical metals and miners, but also related metrics such as the market and currencies. His service is a great integration of history and future probability that has not only helped me make money, but also avoid losing. In fact, the only time I do lose is when I take more aggressive positions than he has recommended, or follow my gut instead of his objective reasoning. It truly is a 5 Star Service at a great price.

-Andy P. CPA & Attorney
 

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