first majestic silver

Gold Editorials & Commentary

June 2, 2019

Trump’s trade advisor, Peter Navarro, was on CNBC today asserting that the economy was expanding at an unprecedented rate.  Either Navarro is tragically ignorant or an egregious liar. Either way he looks like an idiot to those us who study the real numbers and...

To wit this bit from last week's missive: "...[Gold's] trend could well flip to Long within just a week's time simply through normal trading oscillation: the distance from present price (1284) to parabolic (1306) is 22 points; Gold's 'expected weekly trading range'...

Last week I was still optimistic on the prospects of the Dow Jones making new all-time highs in the weeks and months to come. However, seeing this tired old bull fall down and bang its head on the BEV -7.5% line below at the close of this week changes all that.

June 1, 2019

Sifting through the minutes of the Federal Open Market Committee (FOMC) to look for signals of changes in policy is a fixation for the financial media and the investment industry. Because both the stock and bond markets can reverse directions based upon the Fed's...

The big picture in the dollar has become clear these past few weeks, as an ending diagonal is taking shape, which when broken, a new down leg will begin.

May 31, 2019

Many people worry about the replay of the last economic crisis. But what if we look not in the direction from which the threat will come? What if we fight the last war? We invite you to read our today’s article about the possibility that the endgame will not to be a...

Here are today's videos and charts.

Gold rose to a two week high and was higher in most currencies today after Washington’s threat of tariffs on Mexico exacerbated fears of a global trade war and recession, which saw a ‘flight to quality’ and gains for safe haven gold.

May 30, 2019

This week, the 2019 edition of the In Gold We Trust report was released. The authors revealed which direction of the next gold price move they favor heavily. Let’s look at their premises and conclusion – how do they square with our analytical take?

I have now been writing for Seeking Alpha for approximately 6 years. And, I can honestly say that not much has changed in the readership base. Yes, that means you. You see, the same folks that have commented on my articles that Elliott Wave analysis is akin to...

We have written for over a year about the historical importance of the shift in Federal Reserve policy. We’ve noted that over the past 65 years in 11 of 13 rate cut cycles the gold stocks have enjoyed tremendous gains. The historical data shows an average gain of...

The charts are super interesting to look at. How quickly things turn, as if on a dime. 2018 featured a break above the Continuum’s limiter and folks, you and I were not the only ones who saw that and uttered “ruh roh!”; the Fed was well aware of the inflationary...

There’s no doubt about it: the Swiss like gold. Switzerland has the second-highest per capita gold demand in the world, a significant over-the-counter gold trading market and is home to the some of the world’s largest, most technologically advanced gold refiners....

May 29, 2019

Here we go again..  We've been nailing the Precious Metals moves for many months and we've heard from many of our followers and members about our research.  Some of you might remember our November 24, 2018 prediction that Gold would rally above $1300, then stall and...

Buy equities and sell gold because the economy is strong and the Fed is supportive? Really? We think you should not be fooled by the reigning narrative. Consider the following:

Have you thought about simply buying gold and forgetting about it for the next 10-15 years? We certainly did. And it seems not bad. But is „not bad” enough?

After the earlier upswing, the euro has headed south again. Will the bears be strong enough to break below the support this time? How could we play the unfolding move? Let’s take a look at the profitable opportunity we deem well worth jumping upon immediately.

The financial markets feel as if they are totally controlled. Zerohedge recently made an observation that pretty well sums up the situation, in the context of trade: The quickest way to settle the trade war is for stock markets to drop significantly. Much lower...

Markets were decisively in “risk-off” mode last week. Following weak manufacturing news last Thursday, the yield on the 10-year Treasury sunk to its lowest level since October 2017. The spread between the 10-year yield and three-month yield, in fact, inverted once...

We are happy to report that the new In Gold We Trust Report (2019) has been released today and the download link can be found at the end of this post. Ronnie Stoeferle and Mark Valek of Incrementum and numerous guest authors once again bring you what has become the...

More than 200 million people in 28 nations voted in the second-largest democratic elections in the world. What interesting information can we glean from their vote – which way the wind blows now? Crucially, how does it reflect on gold?

May 28, 2019

The fear trade for gold continues to gain fundamental strength.  The technical picture is also solid.  Gold is poised for significant upside action in the second half of this year. A large bull wedge is in play as institutional investors become more concerned about...

Last week, we wrote about the impossibility of China nuking the Treasury Bond market... Really, this is not about China but mostly about the nature of the dollar and the structure of the monetary system. We showed that there are a whole host of problems with the...

Gold prices may be in the process of reversing prior downtrends, as persistent trade war concerns have brought about a renewed safe-haven status for the precious metals complex.  This year, most financial news headlines have centered on the record highs which have...

DaBoyz showed a deft touch as the week drew to a close, guiding the broad averages to a respectable close even thought there were no buyers around. Stocks often soar ahead of summer holidays, but this Memorial Day weekend they seemed challenged merely to stay in...

The best performing metal this week was palladium, up 1.49 percent as UBS published a report outlining its positive view on the precious metal; hedge funds raised their net long position in the metal after touching an eight-week low. Gold traders and analysts were...

Gold only “really” rises “materially” when the “after tax” returns of both the bond and equity markets are, or are expected to be, less than inflation for a considerable time.  Such periods of “Negative Real Returns” (NRR) give rise to generational bull markets,...

May 27, 2019

I love reading about all the good news in the market. This past week, we saw U.S. jobless claims dip to 211,000, and they are now near half-century lows. We also saw U.S. consumer sentiment reach a 15-year high. So, what could go wrong?

In this report we will look at the state of the stock market and update the condition of a potential bottom in the gold space.

As the markets sold off on Thursday, gold, and silver were few of the only assets that remained in the green for the entire day.  Thus, the notion that the precious metals will crash with the markets continues to be proven wrong.  And what an ugly day it was as the...

Gold IRA eBook

Gold has been discovered on every continent on earth.

Gold Eagle twitter                Like Gold Eagle on Facebook