Author Archive for Jordan Roy-Byrne, CMT
Jordan Roy-Byrne CMT, aka Trendsman is an editor of this site along with our sister site, http://www.thedailygold.com. He is currently the editor of two premium newsletters.
Under Construction
Under construction
Bonds Bottom as Bond King Sells All
In recent weeks it was reported that Bill Gross, head of Pimco….
Marc Faber Outlook on CNBC
Marc Faber discusses Japan, Commodities and the general outlook.
Caution on Oil & Energy Stocks
While I hate the expression “crowded trade,” it is hard to argue otherwise after consulting some sentiment data….
Platinum Update
Platinum for April delivery is down $37/lb to $1864/lb. After breaking past resistance at $1,780, the market was unable to reach its breakout target. Instead, the market failed at $1,860. Today’s close will be the lowest close since early January. Most risk markets or assets have failed to make new highs in recent weeks. Also, [...]
Copper Update
Copper for May delivery is down marginally today at $4.20/lb. The market has fallen almost 10% in the last month and is very close to a 3-month low. China’s Copper and related purchases in February declined 35% month over month. The country has been stockpiling Copper for months and declines are to be expected. Yet, [...]
Jim Rogers Latest Thoughts
Check out the video. Jim Rogers joins Larry Kudlow via Skype in Singapore
Platinum Update for CMEGroup
Platinum for April delivery is higher by $18 to $1,805/lb. The market failed to reach its technical target we outlined a few weeks back. It is higher today thanks to a rebound from technical support at $1,780 and a broad advance in the metals. Anglo Platinum, the world’s largest producer, expects a stable price for [...]
Copper Update for CMEGroup
Copper has been weak lately but has rebounded $0.12/lb to $4.47/lb (for April delivery). In the last few weeks Copper ran into stiff selling at $4.60. The market had technical support at $4.25 and was able to recover yesterday. Today we are seeing follow through. One culprit of the weakness was higher Oil prices, which [...]
Oil/NatGas Ratio
Natural gas is back to its record “boiling point” of cheapness…..
