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Gold Editorials & Commentary

March 11, 2016

With gold miners’ stock prices surging dramatically this year, investors’ attention is starting to return to the gold juniors. These smaller miners and explorers suffered terribly in recent years, all but abandoned as gold slumped to major secular lows. But even...

One is the star of the year so far, grinding higher in what could be the launch phase of a new bull market as confidence wanes in the face of NIRP and other desperate global policy actions, and the realization that this disgraceful policy designed to spur...

Central bankers have been on a massive Gold Buying Spree led by Russia and China. One must remember that not only is Putin ex-KGB, but he is also an economist and holds a black belt in judo. Judo teaches you to use your opponent’s momentum to defeat him or her,...

Diminishing liquidity in what used to be the very liquid Treasury market continues concerning. Of course this is due to interventionists being able to drive nominal interest rates to exceptional lows. Real rates, as adjusted by CPI inflation, have declined on every...

Did you know that Thursday was one of the most critical market days in recent memory, one that should be internalized by gold bulls, currency traders and equity investors alike? It was the day the latest central banking “bait and switch” died.

Gold prices climbed to a 13-month high in dollar terms overnight ($1,282.51) after the increasingly adventurous, dare one say reckless, European Central Bank unleashed its latest ‘bazooka’ and initiated more interest-rate cuts, a significant extension in currency...

March 10, 2016

Our forecast algorithm is currently predicting a global stock market rout to begin in earnest over the next few weeks and months. Below is our monthly forecast for the S&P500, which we believe is about to enter a correction lasting until early 2017.

First it was the Fed, then it was the Bank of Japan, now the ECB (and maybe even China). Mario Draghi finally let loose this morning with everything left in his monetary "bazooka" and gone as far as the Bundesbank will let him. He also has to face the BIS...

It’s been quiet lately in the world of manipulation. The metals market has been going higher, and the manipulation theorists have become quiet. We have all read article after article for years providing reasons and arguments as to how the metals market has been...

This article notes that the technical situation for the gold price has sharply improved, to the evident surprise of many mainstream analysts. It discusses possible reasons behind the turnaround, and implications for the future.

There is money to be made so the game must be played… It’s always “ShowTime” in the financial markets. What is the game plan?

The gold bull is back. After trending downward for more than four years, gold prices have broken out to the upside with a gain of more than 20% off their December lows.

After the price of gold’s best rise of any February on record, I was hoping to see the buzz at PDAC similar to a decade ago in 2006 featuring: Long line-ups at the registration desk and the escalators, 20-minute waiting times to talk to company representatives at...

It’s been awhile since we last looked at the US dollar, which has been consolidating its big impulse move up. The reason I haven’t posted it much is because it’s stuck in a sideways trading range going back over a year now.

Gold has closed above $1230 and indicating that a bottom is in or that one is close at hand. The trend has turned neutral from negative thus giving Gold a much-needed boost to potentially test the $1350 ranges. India however, dealt the gold markets a negative blow...

March 9, 2016

Canada, bucking an international trend that has seen central banks become net buyers of gold since 2010, has sold off all its official gold holdings. Canada’s official international reserves last released by the Bank of Canada (BofC) on February 23, 2016 showed gold...

How egregious is the gold Cartel getting, in its final “death throe” stage? Well, here’s the chart I posted yesterday, of the essentially “sixth sigma” similarity between “trading” Sunday and Monday night, as well as Monday and Tuesday morning. Everyone could tell...

For those that have been following us for some time, you may remember that, even before we bottomed, I have been looking for a 5-wave rally off the lows in the metals complex to take us to the 21-23 region in the GDX, the 122-125 region in the GLD and the 19-21...

The gold bull market has returned and gold could surge over 1,000% to $8,000 per ounce in the coming years according to legendary gold investor, Chairman of Franco-Nevada Corporation and former Chairman of the World Gold Council, Pierre Lassonde.

Despite gold’s historical role as money, the contemporary gold market is rather young. Until March 15, 1968, when a two-tier market for gold was established, the price of gold was maintained at a predetermined level (or rather, national currencies were defined as...

March 8, 2016

The gold price action continues to look spectacular, as the rally gains both technical and fundamental momentum. This is the beautiful daily gold chart. Gold has staged a majestic upside breakout, as I predicted it would, from an important symmetrical triangle...

Put simply, the inflation genie is out of the bottle. Core inflation is already moving higher at a time when prices of most basic goods are at 19-year lows. Any move higher in Oil and other commodities will only PUSH core inflation higher.

In his seventh and final State of the Union address this January, President Obama, clearly looking to bolster his legacy as the president who vanquished the Great Recession, boldly asserted that "Anyone claiming that America's economy is in decline is peddling...

Gold Rallied to a high of 1279.00 in the overnight session, at the time that this Post was being written. In order to confirm that all of wave !v! is NOT complete at the 1280.60 high, we need to gold to move above that high in a sharp rally in the next day or so....

A week ago, the “Time Out” heading to the US Markets report wrote about the quiet week that was; it now seems that most markets took the breather to store up fresh reserves which they unleashed last week. Gold, silver, the DJIA and crude all came forth with...

Gold has been on a tear since the start of this year. It is the best performing asset with a 16% rise in two months, however, if you are planning to enter gold at these current levels, you are likely in for a big surprise. Gold is overbought and technical analysis...

March 7, 2016

Gold officially entered a bull market in last week’s trading with prices gaining more than 20% from their December lows. The silver price also put on some very nice gains, but the price needs to reach about $16.40 before watchers can make the same claim.

Chinese President Xi Jinping is about to tell millions of government workers: “You’re fired.” Reuters reported last week that China plans to lay off between five and six million state workers over the next two to three years, in an effort to curb overcapacity in...

The quickening has begun in earnest. The end game might have begun in November with events picking up speed, remedy engaged in progressive steps, and geopolitical balance of power shifting in serious manner. The following are major events and factors in the Global...

After taking a beating in January the S&P500 has rebounded by about 5% in February, and this uptrend has continued into March. But before you think it’s safe to jump back into long positions, it’s important to realize why the market went down in the first place...

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The world’s gold supply increases by 2,600 tons per year versus the U.S. steel production of 11,000 tons per hour.

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