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Gold Editorials & Commentary

September 5, 2016

I couldn’t think of a catchy title, so I thought I’d just throw that one out. There are some who think that a gold crash is just down the road. The chart of the Market Vectors Jr. Gold Miners ETF (see below) seems to be pointing in that direction. It is in its...

Why is this issue of the Report entitled the Federal Reserve Report? We chose this headline because the Fed is apparently now the driver of supply and demand of gold and silver. Or at least it’s what speculators in gold and silver expect will drive the decisions of...

Looking at market history via the Bear’s Eye View (BEV) plot provides a unique insight into the past. When plotted in dollars, monetary inflation makes nonsense of market data spanning decades. A BEV view of the market, where each new all-time high (BEV Zero) is...

September 4, 2016

This weekend I want to point out a market condition existing right now that is screaming that a stock market plunge is fast approaching. To do this, I present below several charts from our December 4th, 2015, issue 2729 to subscribers at www.technicalindicatorindex....

For the past two months, excitement in the stock market has been hard to come by. On August 15th the Dow Jones saw its last all-time high, and it made seven new all-time highs in a row in mid-July. But these new highs only nudged the Dow Jones into record...

North of the equator, we've but 19 days left of summer, the year speeding past: 'tis already September! And, oh, what a year for the precious metals' performances which -- as measured over the past four decades -- are as top tier as they can appear! So now with two...

The Non-farm payroll number on Friday came in well below expectations, which was a disappointment after the good numbers in June and July and anticipation of a rate increase at September’s FOMC meeting if the non-farm number had been better. It would have been such...

September 3, 2016

Thursday’s ISM report was Thing 1 in improving the backdrop for gold. But it was a small Thing. Friday’s August Payrolls report was Thing 2, and it was a better Thing. Gold and especially the gold mining sector are invigorated fundamentally during economic easing...

Gold and gold stocks bounced to end the week…thanks to an oversold condition coupled with a softer than expected jobs report which likely delays Fed action until December. At one point this past week the market had priced in a 64% chance of a single rate hike by...

We are taking another look at the globalist-owned Federal Reserve and their totally fiat Federal Reserve Note, more commonly and inaccurately referenced as the “dollar,” which it is not and never was. The fact that people in the United States continue to believe...

Gold sector is on a major buy signal. Cycle is down. Investors stay patient and wait for the correction to complete, then cost average in at the next cycle bottom.Silver is on a long-term buy signal. Short term is on sell signal. Silver is in a correction and can...

September 2, 2016

Many economists ask why economic activity fluctuates. Among many theories of business cycles, there is the political business cycle, formulated in the 1970s. According to it, incumbents try to juice up the economy during election years to improve their chances of re...

It appears we are rallying out of the third common cycle low. This rally could last up to ten trading days but be as little as four trading days. The intermediate cycle has already failed, topping at $1,377.50. I expect this rally to fail and break below $1,300.

Technical Analysis of The Markets Via Videos.

The physical gold delivery failure to clients of Deutsche Bank who own Xetra-Gold, the gold exchange traded commodity, was confirmed yesterday by Deutsche Bourse which said that the inability to deliver gold was not limited to Deutsche Bank…and that other German...

We are looking for a final top to the massive bond bull market that began in 1981. While it is possible the final top is in place, I am leaning to one final marginal high before everything goes belly-up. Let’s review the quarterly and weekly charts of the 30-Year US...

September 1, 2016

The world monetary order is changing. Slowly but steadily, global trade and currency markets are becoming less dollar-centric. Formerly marginal currencies such as the Chinese Renminbi/yuan now stand to become serious competitors to US dollar dominance.

I am loving this correction! I am relishing the fact that gold and gold stocks are ‘correcting’ as profit taking takes hold and many private placements become free trading - resulting in price drops on some great stocks.

Two weeks ago I pointed out that the Fed is seemingly unaware of early signs of price inflation (see On being an FOMC member). The Fed is clearly ignoring the coincidental rise in USD LIBOR and the growth in bank lending, and is still prevaricating over interest...

In the quest to explain something that may be complex into something easily understood, please allow me to reference a recent issue most in the US are now familiar with: i.e. the shocking rise in price for EpiPens, produced by the Mylan drug company. An EpiPen is a...

The more things change, the more they stay the same. The financial world loves focusing on some future event that they think will change everything. There is always some economic data, an important meeting like G20, the Fed, the ECB or a speech by Yellen or some...

As I mentioned in a blog post back in April of last year, I have never been in the camp that exclaims “buy gold because the US is headed for hyperinflation!” Instead, at every step along the way since the inauguration of the TSI web site in 2000, my view was that...

August 31, 2016

By far the greater bulk of gold owned in China is under the control of the Shanghai Gold Exchange, which is controlled by the Chinese Central Bank, i.e. The People’s Bank of China. Should they wish to confiscate their citizen’s and institution’s gold, it can be done...

Since late December 2015, the gold price has initiated a new bull market. Nonetheless, all bull markets inevitably and eventually experience corrections…especially after having surged more than 28% in less than 8 months, which is the greatest gold price increase in...

The pattern shown, with a minor downside target at 1302.70, looks like it will provide the most useful perspective for the very near-term. Neither the midpoint pivot nor the secondary (respectively, the red and green line) showed any discernible support, and that’s...

These past two weeks rival any I’ve seen in my 14½ years of minute-to-minute PM watching. During this period the Cartel has relentlessly suppressed prices amidst an unrelenting blizzard of “PM bullish, everything-else-bearish” news flow. Using cover of the two...

Your retirement income and assets are at risk. Subsequent to “The Big Lie” we have been force fed with fractional reserve banking, central banks, QE, NIRP, continually devaluing currencies, dramatically reduced fixed income returns, declining returns on pension...

We are now wrapping up one of the stronger summers in memory at USAGOLD. Moreover, we are now heading into the strongest time of year seasonally for gold and silver – i.e. September through February. Normally the summer months are the quiet part of the year, but...

Mark O’Byrne, Research Director of GoldCore, was interviewed by Max Keiser about the arrival of negative interest rates in Ireland and Germany, the risk of bail-ins, the return of a rental and property bubble in Dublin, the Irish and global debt bubble and why...

August 30, 2016

After coming into this past week still expecting the GDX to test a bit lower towards our 28.50-29 region support level, we clearly tested that region. However, the market did not pass that test. With the market breaking down below our support region in the GDX this...

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