first majestic silver

Clive Maund

Technical Analyst & Author

Clive Maund

Clive P. Maund’s interest in markets started when, as an aimless youth searching for direction in his mid-20’s, he inherited some money. Unfortunately it was not enough to live a utopian lifestyle as a playboy or retire very young. Therefore on the advice of his brother, he bought a load of British Petroleum stock, which promptly went up 20% in the space of a few weeks. Clive sold them at the top…which really fired his imagination. The prospect of being able to buy securities and sell them later at a higher price, and make money for doing little or no work was most attractive – and so the quest began, especially as he had been further stoked up by watching from the sidelines with a mixture of fascination and envy as fortunes were made in the roaring gold and silver bull market of the late 70’s.

Clive furthered his education in Technical Analysis or charting by ordering various good books from the US and by applying what he learned at work on an everyday basis. He also obtained the UK Society of Technical Analysts’ Diploma.

The years following 2005 saw the boom phase of the Gold and Silver bull market, until they peaked in late 2011. While there is ongoing debate about whether that was the final high, it is not believed to be because of the continuing global debasement of fiat currency. The bear market since 2011 is viewed as being very similar to the 2-year reaction in the mid-70’s, which was preceded by a powerful advance and was followed by a gigantic parabolic price ramp. Moreover, Precious Metals should come back into their own when the various asset bubbles elsewhere burst, which looks set to happen anytime soon.

Visit Clive at his website: CliveMaund.com

Clive Maund Articles

Our first chart is the 6-month chart for gold and it’s interesting to see that while silver and PM stocks raced ahead last week, gold’s new upleg has barely gotten started and it has yet to break above the resistance at its early April...
The turnaround in gold and the Precious Metals sector on Friday was really dramatic with gold dropping about $80 from its 11 am EDT peak and this brought out the old explanation about “the powers that be” cratering it by burying it with...
After almost 4 years of going nowhere gold has this month broken out into what looks set to be by far its biggest bullmarket to date, and it would be surprising if it wasn’t given the fundamental outlook which is for currency and societal...
PM sector investors have just been royally played – first they are encouraged to pile in on gold’s breakout to new highs, which occurred when it was already very overbought, and now they are being pressured into barfing their holdings...
After the rather dramatic reversal in gold and silver yesterday it is clearly in order that we review their charts as soon as possible to consider what this action portends.
While the subject of this article, the ratios of the main Precious Metal stock indices to the price of gold, may seem rather dry and statistical and thus boring, if you are interested in weighing up the prospects of making serious money in...
Gold is on the verge of a major breakout and frankly it would be surprising if it wasn’t given that money creation is in the final vertical stages of a parabolic blowoff. Gold has taken so long to build up to this, having been in a giant...
In yesterday’s article THE STATE OF THE WORLD we looked at the complex geopolitics of the world as it spirals into World War 3. This was necessary as we have to take these trends into consideration when attempting to determine the outlook...
Gold had a really big up day on Friday and the central question for investors in gold silver and Precious Metals stocks is whether this was just a “flash in the pan” move that will not lead to anything significant or whether it marks the...
2023 has been a year of hiatus (or pause) in the implementation of The Great Reset, at least from the standpoint of the masses who have been able (temporarily) to return to their usual pursuits such as going to sporting events, visiting...

The Incas thought gold represented the glory of their sun god and referred to the precious metal as “Tears of the Sun.”

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