Clive Maund

Articles by Clive Maund

It now looks like gold’s correction is done and its intermediate base pattern is completing, and if so then we are at an excellent entry point for many better PM stocks, which have been savagely beaten down over the past several months - a...
A major “Sword of Damocles” overhanging global stock markets has been the situation with Deutsche Bank, which has a monumental derivative book and whose stock has been plunging to new lows. We have largely ignored this situation up until...
The purpose of this update is to point out that the PM sector correction may be completing RIGHT NOW, with sector indices at the 2nd low of a potential Double Bottom. Whether it is or not depends on the outcome of next week’s Fed meeting...
The markets don’t like uncertainty – and that’s what we’ve got until the next Fed meeting on 20th – 21st of this month, a week from now. So despite various Fed regional governors trying to talk the market up in the meantime, there is...
After what happened on Friday many Precious Metals sector investors are naturally concerned about the effect of further heavy losses in the broad market on the sector. Let’s now review Friday’s action, starting with the broad market itself...
While the Fed is almost powerless these days, as it has succeeded in "painting itself into a corner," the markets still seem to think that its utterances are important and react, sometimes violently, to its apparent stance, or implied...
We have already figured out that, faced with the choice between doing “helicopter money” and allowing a deflationary implosion to occur, those in power will elect the former. The reason is because it buys them more time by keeping the...
Woke up to stunning news this morning – sorry, I don’t stay up watching election results – that Britain has voted by a narrow but clear majority to leave the EU. I had feared that the British electorate would be cowed into submission by...
While the long-term outlook for gold could hardly be better. However, the short to medium-term outlook deteriorated substantially last week…with an important chart reversal on Thursday that was not negated by Friday’s bounce back. Moreover...
The latest gold COTs are out…and they are an absolute horror story: The Commercial Short and Large Spec Long positions having ramped up to multi-year extremes, which we can take to mean that the dollar is not going to crash its support in...

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Small amounts of natural gold were found in Spanish caves used by the Paleolithic Man about 40,000 B.C.