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Gold Editorials & Commentary

November 26, 2018

I have been getting such a chuckle from the market of late. As the market made its way down to our 2600 target region towards the end of October, more and more market participants and analysts became more and more bearish. In fact, the bearishness was palpable as we...

Precious metals investors don’t have much to console them these days. Just about the only bright spot is the nice, though ephemeral, pop in the gold/silver price that seems to happen every January. Sometimes it persists for six or so months, sometimes it ends before...

November 25, 2018

Last week, SPX declined over 100 points to a new closing low and is ready to challenge its intra-day low of 2604.  DJIA matched it with a loss of 1127 points for the week.  But NDX was the worst performer, dropping 340 points for a new correction low.  SPX is...

Pop Question! What did the price of Gold just do for the 23rd time in better than eight years since the week ending 20 August 2010? (... crickets ... crickets ... crickets ...) Oh come on, folks, even Squire likely knows this, wherever he's gone to spend this...

"I don't know how this whole thing is going unwind - I just think it's not going to be pleasant for any of us, even if you own gold and silver. I think owning gold and silver gives you a chance to survive financially and see what it's going to look like on the other...

November 24, 2018

As we continue to explore our custom research into the metals markets and our presumption that the metals markets are poised for a massive price rally over the next few months/years, we pick up this second part of our multi-part article illustrating our research...

Our proprietary cycle indicator is up. Gold sector is on a major sell signal. Major signals can last for months and years and are more suitable for long-term investors.

Last week, I provided the fundamental background for why I believe the risk of lower lows in Gold remains, based primarily on USD/CNY breaking the critical 7 threshold. I also provided the rationale for the enormous rally to follow, driven by a reversal in policy by...

November 23, 2018

Here are today's videos and charts:

This reform will make US financial system more vulnerable, just adding fuel to the fire of easy money. This is what some people worry about. Are they right? We invite you to read our today’s article about the rollback of Dodd-Frank Act and its potential implications...

Global debt increased at the fastest rate at the beginning of 2018.  In just one quarter, total global debt jumped by more than $8 trillion.  That is quite surprising as total world debt rose by $22 trillion for the full year in 2017.  Thus, the increase in global...

Since 1981, interest rates have been in a secular decline, falling from 20% to zero in US dollars. They are now on the rise, but the general assumption is the current low interest rate environment will broadly continue. This view is complacent and likely to be...

All through the bear market hopeful rationalizations were served up for a bullish case on the gold miners. All through the bear market we warned people not to eat that rotten turkey!

Gold and silver traded sideways this week as we saw stock markets take some heat and undo most of the recent recovery from the October sell off. Oil has sold off and is now at levels that we haven’t seen since 2017.

November 21, 2018

Let’s be clear. October’s market decline was a rather mild warning shot. At its lowest close, the S&P 500 lost -9.9% from its September peak, before rebounding in recent sessions. As I noted during the 2000-2002 and 2007-2009 collapses, intermittent “fast,...

On Tuesday, significant gold news was made when the London Bullion Market Association finally began its long-awaited disclosure of gold market size and trading volume. If anything, all their first report revealed was the sheer magnitude of the scam and the fraud...

Markets are deceptive…but we all know that.  Beyond deceptive, markets are actually down right diabolical.  Mr. Market operates through his two most trustworthy lieutenants Mr. Bull and Mr. Bear.  He has tasked Mr. Bull to climb and reach the top of the mountain...

It is very difficult to pick exact bottoms but there are many tools we can use to help us pinpoint potential bottoms. You don’t hear technical analysts talk about fundamentals but we do for a reason. Major shifts in the primary trend are supported by fundamental...

November 20, 2018

After breaking upside from a double bottom pattern, gold continues its solid price action. More good times lie directly ahead for precious metals investors, because Chinese New Year buy season begins very soon.

Sometimes we must consider the unthinkable. Official US national debt is $21.6 trillion. Unfunded liabilities are five to ten times higher. Global debt is about $250 trillion. US national debt has doubled every eight to nine years for decades.

Powell is apparently between a rock and a hard place. Inflation surged, while the global economy slowed down. What will he do? And how will gold react?

Gold PowerTrader Trade 22 closed on Monday 29th October at $1,225 for a loss of -7.0%. Trade 23 closed at $1,208 for a loss of -0.5%. Gold PowerTrader ended 2017 +22.3% and has returned -14.8% in 2018 YTD.

November 19, 2018

Are the metals markets ending a price correction in unison and preparing for a massive price advance?  This is the question we asked our research team to investigate and their findings may help skilled traders identify great opportunities in the future.  This multi-...

President Donald Trump isn’t thrilled about Jerome Powell’s stewardship of the dollar and interest rates. He would like the central bank’s help in keeping the economic party going, but so far the Fed Chair just won’t play ball. Now the Wall Street Journal has joined...

We have stated time and again that gold is part of the monetary system it is just not on the front burner. If gold were not part of the monetary system national (central) banks would no longer hold it, nor would it be recorded on balance sheets as a Tier 1 asset –...

Most warnings about large increases in government indebtedness revolve around future repayment obligations. For example, there is the concern that greatly increasing the government debt in the present will necessitate much higher taxes in the future.

Although gold appears to have fallen from its October rally, ETF investors and hedge funds are not showing signs of abandoning the yellow metal, writes Bloomberg. Holdings in ETFs backed by gold rose for five consecutive weeks – the longest stretch is more than a...

The Bank of England claims to be one of the largest physical gold custodians in the world, holding gold bars in vault storage on behalf of more than 70 central banks and a number of commercial (bullion) banks.

November 18, 2018

Since it made a low at 2604 on 10/29, SPX has been rallying in a choppy, volatile uptrend which should continue for a while longer before the primary trend resumes.  This is made even more likely because we are entering a seasonally bullish period which produces the...

Large precious metals speculator sentiment took a hit this week and registered a new bearish net position in the Gold futures markets, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

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