first majestic silver

Gold Editorials & Commentary

September 3, 2019

The US yield curve inversion suggests the next recession is about 18-24 months away.  That recession could mark the start of a long period of stagflation like 1966-1980.

A paradigm is a mental framework. It has a both a positive pressure and a negative filter. It structures one’s thoughts, orients them in a certain direction, and rules out certain ideas. Paradigms can be very useful, for example the scientific method directs one to...

I am often asked to provide a sample of the analysis I provide to members. So, in this week’s article regarding the stock market, I chose to reproduce the general discussion I provided within my analysis posted to members on Saturday night.

Reading the new today of the riots and protests in Hong Kong as well as the military action between Iran and Israel suggests to us that the metals markets are poised for a very big run this week and possibly much further into the future.

Gold in sterling and euros have reached new record nominal highs of £1,279.46/oz and €1,401.60/oz respectively this morning (see charts below)

September 2, 2019

The distinguishing feature of fiat money systems is that they are licentious – they are created by corrupt politicians so that they can act without restraint by, for example, promising the citizens the Earth in order to improve their chances of being re-elected. The...

Those that have followed my bond analysis since November have made quite a bit of money. While the stock market is basically in the same place it was back in the early fall of 2018 when we went long bonds, TLT has rallied from our entry in the 112/113 region in TLT...

In my last letter I mentioned that I expected the market to turn down before it had another 100-point rally because the 40-week cycle, which is in its final phase, will start to put pressure on prices. However, as of Friday, the SPX rose 105 points before pulling...

September 1, 2019

The close of the week found the Dow Jones -3.49% from its last all-time high of July in the BEV chart below. After weeks of the Dow Jones closing darn near the same distance from its last all-time high, this is getting pretty boring.

Since we noted the initial move to break the 200 day moving average – and at least temporarily break the downtrend on August 27th – the Silver/Gold ratio (SLV/GLD) has held its breakout, looking to close the week and the month of August on a signal that we have long...

August 31, 2019

We are again reaching the point in the business cycle known as “peak debt,” when debts have compounded to the point that their cumulative total cannot be paid. Student debt, credit card debt, auto loans, business debt and sovereign debt are all higher than they have...

Our proprietary cycle indicator is up. Gold sector is on major buy signal. The silver:gold ratio confirmed a breakout this week, ending a three year downtrend and under performance.

As we close out the week and watched the markets trade in a rotational price manner, it became very clear to us that the patterns setting up in price continue to support our overall analysis of the markets and the potential for a bigger downside price move.  We...

August 30, 2019

An intriguing paradox is evident, whereby the USDollar continues to rise despite the global economic recession. In fact, it can be argued that the USDollar is rising in the past several months, because of the global recession.

For those of you that have followed my raves and rants over the years, you are undisputedly aware of all of my biases when it comes to almost everything: bankers, politicians, invasive species, free market suppression, entitled Millennials, and finally, the utility...

Personally, I love trading metals and have been doing so for quite some time.  In fact, the best trade of my entire career was in silver many years ago. 

August 29, 2019

The new Alchemist went out at the end of July. And making the choice from its articles is always hard. What gems can we learn from the latest publication of the LBMA? We invite you to read our today’s article and find out!

The reason for persistent strength in the price of gold can be found in the changing relationship between time preference for monetary gold, and a new round of interest rate suppression for the dollar.

Like living in quiet desperation, holding on with our fingertips, scared we are losing our grip on the slippery mountain, on reality, on what little control we possess… central banks and governments are desperate.

UK political chaos, Brexit concerns and flight to safety propel gold in sterling and euros to new record nominal highs

The most important part of investing is knowing if you are in a bull or bear market. It’s always much easier to trade in the direction of the main trend. There are times when a market is reversing from bull to bear or vise-versa that there is not a lot of...

August 28, 2019

Gold has picked up where it left off on Friday. The safe-haven metal has spiked $20 higher above $1,550 in early Asian trading. Silver is also rallying strongly, up 30 cents to $17.70. This represents a gain of 1.7% vs. gold at 1.3%.

Wow, what a year this has been. Back in January, we predicted that 2019 would be the best year for the precious metals since 2010, and with four months to go, the metals look to exceed that bullish forecast. So today, let's take stock of where we are and where we're...

Gold is viewed as a safe and reliable investment vehicle. Throughout history, it has been seen as a valuable commodity – something that people fall back on when other currencies are not accepted. Why do you think people from centuries ago travel far and wide to buy...

August 27, 2019

Back during the bear market years (it’s nice to be able to write that now), I regularly would compare the declines in gold, silver and gold stocks to their past history. It gave us a visual representation of just how bad the forever bear market was and helped us...

In recent months, the World Gold Council released a few interesting reports. What can we learn from the publications? We’ll then supplement it with the view of the Fed policies. Will gold like the message?

A year ago, I predicted that any US stock market sell-off would be accompanied by a dramatic surge in the price of GDX and GDXJ. That’s exactly what happened; the stock market tanked and key gold stocks soared.

There are many techniques that investors and traders use to gain insight into gold’s future prices, and different people usually have different set of tools that they use. Some focus on moving averages, while others pay attention to Fibonacci Retracement and...

First off, we were so happy to hear from all of our followers over the weekend and early today regarding their support for our incredible market predictions – specifically the call about the August 19th breakdown prediction.

Gold in euros surged to a record high at €1,392.60/oz and the Australian dollar hit new record highs yesterday

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