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Gold Editorials & Commentary

March 20, 2016

Let me start off and say the longer one continues to operate under the assumption that we still have free markets, the less likely you are to make money…and the more likely it is you will lose money.

In the Fed's March policy statement this past week, a funny thing happened on the way toward acknowledging the stronger US economic data of late. They largely ignored it and buried notice beneath a blanket concern for the ailing health of the global economy.

Gold speculator and large futures traders reduced their gold bullish positions last week following seven straight weeks of gains, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

With the March meeting of the Federal Open Market Committee now past, on rates their having passed, (as was widely forecast), let's start straight-away with the Economic Barometer as we're somewhat aghast. Regular readers know that come "Fed days", like Elvis, we "...

Gold and silver markets showed serious disrespect to Fed Chair Janet Yellen while she was speaking on “monetary policy” Wednesday on CNBC. I couldn’t say exactly what happened, but I liked it.

March 19, 2016

Gold seems to be on a tear for the past few months…so I thought maybe it’s time to come out of hibernation and take a look at it. As old timers might remember, I come across from the purely technical discipline…and more specifically I try to keep things at a very...

Regular readers know why I believe the gold price is poised to move from its current level of $1,250 per ounce to $1,500…$2,000…and eventually past $3,000.

A solid week for markets as they rested well until the Federal Reserve released their statement, which kept rates the same and lowered expectations of four rate hikes this year to two. And that’s even a stretch in my view, but I’ve been wrong before.

Gold sector is on a new major buy signal. Cycle is up but at levels of previous tops. COT data remains in bear market values and is now at levels of previous tops.Silver is on a long term sell signal and investors should be in cash or short. Short term is on buy...

Gold and gold stocks have refused to correct for more than a few days at a time. Weakness is being bought and quickly. Gold has gained over $200/oz but not corrected by more than 6%. The miners (GDX) have endured three roughly 10% corrections in the past six weeks...

Over the past few weeks, the number of individuals in the neutral camp rose, as did the number of bulls, and only the number of bears experienced a drop. When we combine the neutrals and the bears, the total is 72%, and that tells us that the sentiment is still too...

March 18, 2016

Gold stocks have radically outperformed every other sector in the stock markets this year, blasting higher as investors flock back to gold. This powerful surge is spawning worries that gold stocks’ new bull-run is in danger of exhausting itself. But such fears are...

Technical Analysis of The Markets Via Videos.

What a day yesterday was in terms of Federal Reserve Policy. At yesterday’s press conference Fed Chair Yellen reversed course nearly 180 degrees. When the Fed raised interest rates in December 2015 the Fed Plot showed the Fed thinking 4 interest rates were likely in...

Since my last report, Gold has continued its volatile range trading between $1,225 and $1,280. Although the bulls are still somehow in control, there is no clear trend -- and you might do yourself a big favor if you just stay at the sidelines here.

March 17, 2016

Negative interest rates brought negative moves. Global markets are in turmoil. Gold rallied from the dead after three years in the wilderness with its best start in more than 30 years. Gold is up 19 percent this year as risk adverse investors sought safe havens over...

Last week, the ECB extended its monetary madness by pushing deposit rates yet more negative. It is extending quantitative easing from sovereign debt into non-financial investment grade bonds, while increasing the pace of acquisition to €80bn per month. The ECB also...

For five thousand years, gold and silver have been humanity’s premier form of money; real money, not the faux-money manufactured by our central banks. During that same period of time, these metals have been our premier instruments of wealth preservation and...

Last week I showed you this potential H&S top forming on the USDU, which is a more evenly balanced index for the US dollar which actually trades as an ETF.

Honestly, more and more that seems to be the best phrase to describe when waiting for these FOMC statements to be revealed. If we are not seeing a case of deliberate attempts to break the back of their own currencies among these Central Bankers, then “Scotty, beam...

In terms of the gold price, gold stocks are currently at better value than at the beginning of the bull market in 2001. At the bottom of the gold bull market in 2001, the XAU to Gold ratio was around 0.2 compared to 0.05 today. In other words, gold stocks are...

March 16, 2016

Gold took the exit ramp south Monday, meeting expectations that the nearly three month rally was poised to stall. With the Fed decision on the menu for tomorrow afternoon, fresh near-term catalysts for gold will likely be served a la carte.

Is the US dollar's seemingly relentless rise in recent years coming to an end? What are the implications not only for the greenback, but other currencies and markets around the world?

Stressful times ahead as it becomes transparent that Central Banks cannot be part of the solution…given that the Central Banks have largely caused the problems facing the global economy.

This past week, much was written about expectations regarding the ECB actions. The wide consensus was that the Euro was going to tank and the metals would tank with the Euro. However, that is not exactly what we saw.

March 15, 2016

Gold reached a low of 1226.20 in the overnight session at the time that this Post was being written. We can now confirm that wave ^iii^ ended at 1280.70 and that the current corrective setback is wave ^iv^. As you can see on the attached Daily Gold Chart, it looks...

Just as the world was breathing a massive and collective sigh of relief that a new bull market in gold and silver had arrived with all the pomp and pageantry of a Royal Wedding, the Barbarians climbed the walls and are now very close to razing the palace, says...

As it often does, gold is pausing ahead of this week’s FOMC meeting. I don’t expect Janet Yellen to raise rates this week, although recent jobs reports and the oil price rally are likely tempting her to do so.

Much as I hate to be the bearer of bad tidings for those of you who have been oh-so-eager to get short — or perhaps to stay short — this hoax is headed higher. Long-time subscribers will have noticed by now that it’s no great trick using the Hidden Pivot Method to...

Bail-Ins And Negative Interest Rates…The Ultimate Admission Of Failure; Cash and physical gold, standing in the way of a lifetime of financial servitude and slavery dominates the economy!

Gold IRA eBook

India and the U.S. trump Italy as top gold jewelry exporters.

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