Dana Lyons Commentary – Fri 31 Aug, 2018

A Generalist’s View On The Gold Market

Dana Lyons, Fund Manager, is a great example of a generalist investor that is looking for opportunities in any market to make money for his clients and subscribers. I love asking Dana what he thinks of the gold market but over the past couple years there was not much to talk about. However now that the sector has gone through a breakdown he has some comments. We also discuss silver, SLV, and GDX.

Click download link to listen on this device: Download Show

Click here to visit Dana’s site. He is running a Labor Day special right now so be sure to check that out.


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Comments:
  1. On August 31, 2018 at 8:55 am,
    Bill says:

    Thanks guys. I think a pretty dang good review!.
    Well I do have to report that I was pounding the table here 4 years ago to get on board of the general market and I had MAJOR doubts of and major gold rally. Needless to say the gold bugs were punching me in the face.
    Whats next? In the next couple years it could go a lot higher. There is so many people in doubt of this market and that IS the fuel that it needs. Also its the go to place for the world that is very troubled and is looking for a safe haven. Like it or lump it it is the most regulated market and safest on the planet and the green back is STILL the go too currency….Sorry gold bugs to bad so sad…I get to kick sand in your face as you did to me years ago….I HAD IT RIGHT. Moriarty has been DEAD wrong for ever. Cheers

  2. On August 31, 2018 at 9:09 am,
    Bill says:

    I just read all MA piece. Guess I got pretty lucky on the call.

  3. On August 31, 2018 at 10:24 am,
    Robert Moriarty says:

    Bill:

    You are stuck on stupid.

    Bob Moriarty: The Daily Sentiment Index is flashing a warning signal for gold right now. The best place to keep cash right now is in cash. The stock market is about to fall off a cliff and cash is a good place to be. This is the great reset and Bitcoin could be the pin that bursts the “everything bubble.” Cash is a great place to be right now. If we got one more washout in gold & silver the decks would be clear for a fantastic rally in precious metals.

    CEO Technician: So you don’t mind holding the US dollar here?

    Bob Moriarty: No, not at all.

    That was on Jan 17th

    The concept of the DSI is simple. It shows the extent of investor sentiment. The higher the number, the more bullish investors are. With numbers above 90 you are in nosebleed territory and it suggests the market is about to turn lower. The lower the number, the more bearish investors are. With sentiment below 10 the market is saying the commodity is about to bottom and go higher.

    For the S&P and the Nasdaq, the DSI went to a high of 96 and 97 after trading on the 22nd of January. Volatility hit a low of only 9 on the same day. On the 24th of January the Euro hit 90, the British Pound hit 94 while the lowly and unloved USD touched a low of 8. Crude oil topped at 93 and gasoline was the same.

    Over in the metals gold touched 91, platinum showed 94 and palladium was 90. The CRB commodity index also hit a high of 90.

    All of those numbers are either high enough or low enough to suggest a high probability of a turn shortly. With a Blue Moon, a Super Moon and a lunar eclipse coming on the 31st of January investors might want to position themselves for reversals in a lot of important markets.

    The race is not always to the swiftest nor the battle to the brave but that is the way to bet.

    That was on Jan 25th. I predicted all twelve commodities would turn. All twelve turned. See if you can beat that.

    https://www.streetwisereports.com/article/2018/01/25/sentiment-indicates-extremes-of-emotion-for-lots-of-commodities.html

    You are so determined to try to make me look stupid and all you do is make you look stupid. Good move idiot. I provide facts, you make up fiction. I’m sure you could make a great living running website on your own. Why don’t you try it and stop throwing rocks at me.

    You are using projection. Look it up.

  4. On September 1, 2018 at 10:25 am,
    Bill says:

    Bob
    Nobody cares. You’ve have led many poeple I know down the gardrn path. Thats a bloody fact. You should do a survey and you will find other opinions as mine. Everyones to chicken shit to say so. Most info out there including 98% that is on your site is a waist of time.
    I make money safely and warn people of what markets really are. Take Eric Sprott. I personally warned James Foxx head of sales that they were about to burn and sold everything i had there years ago. He buried alot of people. Everyone should only invest any money in markets that they can stomach to lose. Where the hell it the gold bull market you have been touting for years. What a Joke. All that ever came from you his negative and the world’s about to end and gold will save you. It was called a recession big fk deal fool. Call Warn Buffett leach.

    • On September 1, 2018 at 11:00 am,
      Big Al says:

      Bill, I would truly appreciate it if you could give a few examples.

    • On September 1, 2018 at 11:03 am,
      Big Al says:

      Bill, thank you very much for elaborating my friend!

      • On September 1, 2018 at 11:05 am,
        Big Al says:

        To dimply add one question. Does anyone out there agree with Bill. If so, I would like to hear it on this site. If not, enough said.

        • On September 1, 2018 at 11:05 am,
          Big Al says:

          “Dimply”is a nonsensical word. I, of course, meant “simply” Pardon my mistake.

  5. On September 2, 2018 at 8:32 am,
    Robert Moriarty says:

    Bill:

    Guess what? No one cares what you think. I seriously doubt anyone is so lacking in courage that they wouldn’t have said something in agreement with you if they did.

    You offer nothing but the constant refrain that you are not only smarter than I am, now you claim you are smarter than Eric Sprott and unspoken but suggested is that you are smarter than anyone else on this board.

    I’m not the only person on this board who believes you are an idiot.

    These are the words you either misspelled or misused in just one note. You would sound a whole lot smarter if you were sober when you posted.
    poeple
    Thats
    Everyones
    to
    waist
    Where the hell it
    from you his negative
    Call Warn Buffett leach

  6. On September 2, 2018 at 9:37 am,
    Bill says:

    Actually lol there you go again worring about sh*t that matters NOT. Sorry forgot my glasses haha. What a joke.
    I know a ton of people that think you are a waist of time. But then again most peeps on markets are especially gold bugs. They have a one track mind with blinders on.
    You know people that are normal… and dont live on chat boards Ive talked to including mangers that run 100s of mil $ funds.
    BTW theres barily ANYONE here anymore compaired to 5 years ago. I just wanted to be clear that that the far far majority of what YOU have said has been DEAD wrong. You never talk about your 90% failure rate..You cant stand me calling you out. Read back people. You’ll see that fact. Do you still have your money under your mattress?
    Deleteing this link. Ive made my point.
    So.e good folk here.

  7. On September 2, 2018 at 9:53 am,
    Bill says:

    Lance Roberts on Campbell some good stuff.
    Bob doesnt need to listen he knows Everything.
    I mentioned NatGas Jan feb. Has done well as it was smashed and everyone HATED it.
    We are at the beginning of a bull market from my research. Oil of course too. Stocks in Canada were xtra beat up.

  8. On September 2, 2018 at 10:56 am,
    Robert Moriarty says:

    Bill:

    You are just “waisting” oxygen.

  9. On September 3, 2018 at 12:07 pm,
    Bill says:

    Bob
    It has come to many that you are an arrogant know it all.
    A dangerous person to many’s financial health. BUY GOLD he says.
    I warned years ago and I was right. Go read back as I laughed my ass about your gold boom / Dow crash call… You should really spend more time on the positive..or go for a long walk on a short pier. I’m having a great day with lots of loving family around!