Seeking Alpha

May is an important month for gold stocks, says Jordan Roy-Byrne, noting the yellow metal has...

May is an important month for gold stocks, says Jordan Roy-Byrne, noting the yellow metal has seen important interim tops/bottoms then in nearly each year of its decade-plus bull run. It's possible, he says, May 2012 could mark an important bottom, a la 2005. Russ Koesterich adds don't take your eye off the ball - the Fed remains gold's best friend.
Comments (5)
  • I would take nearly any physical asset of Dollars at this point. it is becoming clear the problem is not getting resolved and is only getting kicked down the road. I am long gold and silver-America has lost my confidence to stop their out of control spending.
    20 Apr 2012, 12:52 PM Reply Like
  • So sad but so true. I grew up feeling America was the greatest country in the world but all I see today is a country hell bent on self destruction thanks to a corrupt government.
    23 Apr 2012, 07:58 AM Reply Like
  • We are actually leaving the US in a few years and I can't wait to be frank. I have traveled enough to see most of the world getting better while the US continues its drift down. I can't even change windows on my own home without a permit here, my business needs more paperwork daily with regulation and taxes while the government spends and spends on idiotic programs and rewards negative behavior. So much money is being spent than comes in, the arguement for physical assets to me is strong and PM's are small and compact :-)
    24 Apr 2012, 10:05 AM Reply Like
  • I hold DBS long term and silver metal. I remain bullish on silver.
    20 Apr 2012, 02:26 PM Reply Like
  • Bullish on Precious Metals.
    20 Apr 2012, 03:00 PM Reply Like
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