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Gold Editorials & Commentary

May 25, 2016

“Gold and silver bottom is in”, renowned silver analyst David Morgan tells Max Keiser on the Keiser Report and warns about paper and digital proxies for money and gold. Morgan, also known as the ‘Silver Guru’ of the TheMorganReport.com, talks to Max about the gold,...

It has been mentioned that the Commercials have developed a short position in the gold and silver that was becoming very precarious. Their only way out is to mount a major bear raid to force prices low enough to have longs close enough positions to enable the...

It wasn’t much, a bit less than 4 tons to be exact, but today marked the first day in nearly a month that GLD reported a drawdown in gold holdings. The last such occurrence was all the way back on April 25. Considering the amount of gold that has been added since...

There are several times a year when the markets gives you an important inflection point. Today I believe we just witnessed one in regards to the PM complex, the US dollar and the stock markets. Even though the US dollar didn’t have an extremely big up day it did...

Back in April, the Fed made it clear that they want to hike interest rates several times this year. And, when the metals complex began to rise after that announcement, many were certain that the Fed was the catalyst that made the complex rise. This past week, the...

May 24, 2016

Gold continued to fall in the overnight session as we reached a low of 1240.50, at the time that this Post was being written. Our current analysis: On the Intraday Chart the drop from the wave *iii* high of 1306 to the current low of 1240.50 is corrective looking...

From a technical, fundamental and seasonal perspective, the current gold price correction is exactly what “the golden doctor has ordered”.

The world’s largest asset manager, Blackrock Inc., has written a note about gold in which it suggests that this is the “perfect time and place” for gold due to “low and even negative yields, slow growth and potential signs of rising inflation.”

Former Obama Chief of Staff, Rahm Emanuel, once said: “Never let a serious crisis go to waste”. During the 2008 panic collapse, the US government bailed out big business, took over General Motors, fattened the big Wall Street banks and even nationalized mega...

2016 has been a great year for gold. It’s currently up 17%. This is the best time to invest in gold for the long-term investor. The Elliott Wave Principle is a form of 'technical analysis' that believes investors move between periods of bullish and bearish thinking...

First it was Stan Druckenmiller, now it’s George Soros. Following billionaire former hedge fund manager Druckenmiller’s announcement that gold was his family office fund’s largest currency allocation, we learned last week that his old boss, billionaire investor...

May 23, 2016

In a month from now, Britons will decide to leave or to remain within the European Union. Their decision will have a far-reaching impact for Europe as a whole. We have already written about the potential consequences of the UK’s exit from the EU (thereafter “Brexit...

It shouldn’t be hard to understand that nearly 90 months of ZIRP has regenerated the equity and real estate bubbles that first pushed the global economy off a cliff back in 2007. In fact, the Fed’s unprecedented foray with interest rate manipulation has caused these...

A recent insightful and timely article by internationally known analyst Graham Summers galvanized my attention. Graham’s focus was using Weekly Charts to demonstrate the accurate forecasts of Bear Markets in the US. His stock sell signal is based upon the Death...

So far gold has done exactly as I predicted. The minute the dollar bottomed, gold topped. I think this is a good time for Old Turkeys to place a hedge on their metals positions.

What will happen in our increasingly chaotic financial world? For sensible analysis, seek the most intelligent, least biased and experienced people…central bankers, most economists and all politicians are, of course, not eligible.

Having broken its long term bear phase with a bang gold continues to consolidate as we expected. Our best forecast scenario that we have been following for the last few months Involves a retest of support probably below $1200 before beginning a multi month rally.

Buy gold as it is an “extremely low-risk asset” is the advice of Professor Kenneth Rogoff to emerging market, creditor nation central banks including the People’s Bank of China (PBOC). Rogoff believes that there is a good case to be made that emerging market central...

The gold price in South African Rand (ZAR) is often a leading indicator for a USD gold price rally, as well as major trouble in the financial markets. A good example of this was around August/September 2001, just before the September 2001 crash (which turned out to...

The report covers, in detail, the technical status of US/Global stock markets, precious metals, commodities, currencies and even a few individual gold miners and a couple of new (non-gold related) NFTRH+ trade ideas.

There is (very) important support for the SPX between 2040 and 2043. It will have to be broken decisively in order for the index to resume its long-term downtrend. The last two challenges to it have been met successfully at 2040 and 2026. Will the third time, if...

May 22, 2016

Since January 20th the precious metal stocks have been in an upward impulse. I have classified this impulse as phase I of a new bull market. My essay “The three phases of a bull market” located on this site explains this in further detail.

During the years 2012 through 2015, the Gold Forces were essentially on wholesale retreat from much higher zones such as "The Northern Front" (1750-1800) and "on maneuvers..." (1579-1750), prior to falling through "The Floor" (1579-1466), et alia. But enter 2016 and...

The Dow Jones Index and the general stock market look weaker by the day. Today, for the first time since October 2008 a Dow Jones’ 52Wk High expired after its 52 weeks passed it by.

Monday started to look good as gold seemed to rally…but in the end, nothing. For the week gold was a bummer. The technical indicators are still pointing to more weakness ahead but as yet the collapse has not yet been confirmed. I like to wait for confirmation to...

May 21, 2016

Gold sector is on a new major buy signal. The cycle indicator is down, suggesting a multi week correction is starting. Silver is on a long-term buy signal. Short-term is now on sell signal, caution is advised.

In May of 2008, there was a very similar stock market 'rally' as compared to today's 'rally'. Investors believed that the 'turmoil' during the latter part of 2007 and the early part of 2008 was permanently over -- and that we were headed towards a strong economic...

At the proverbial 11th hour, the globalists have a shut-out going for themselves with people unable to mount any meaningful opposition. While the word “hour” is referenced, the time could be measured in months, even a few more years. Whatever the duration is, the...

The gold stocks started to correct this week as large caps were off 13% at Thursday’s low. Both juniors and large caps have made tremendous gains since the January 19 bottom and are ripe for some profit taking. The Fed minutes provided the catalyst for such and we...

We've seen some very positive and encouraging market action in the metals this year with silver up close to 19% year-to-date, and gold up 18% as we're talking here on Thursday morning. Although, the precious metals are pulling back sharply this week. Assess the...

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In the Aztec language the name for gold is teocuitlatl which means "excrement of the gods."

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