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

There are a lot of conflicting opinions being bandied about regarding the outlook for Precious Metals prices, as many readers will no doubt be aware, and when this occurs, it is usually a symptom of a trading range situation. At a time...
Precious Metals stocks are believed to have bottomed, although we may see a test of the recent lows, and prices may dip marginally below them in coming weeks, any such retreat being regarded as a major buying opportunity. It is considered...
Gold is in a classic buying area, it’s recent sharp decline having halted exactly at its 200-day moving average and in a zone of strong support. We had expected it to drop to this zone, but to take probably a month or two to do so, instead...
Gold plunged today as the steep but orderly decline from a “Matterhorn” top gave way to a stampede for the exits as blind panic set in - normally a symptom of a bottom. The “Matterhorn” top is so called because it involves a market that...
The action on Friday was characteristic of a reversal and it was sector wide with Reversal Days showing up in the charts of the gold stock indices and many gold and silver stocks. The action in the metals themselves was less convincing,...
The growing risk of a snapback rally by the dollar, highlighted as a danger in the big article on the site at the weekend and in the last Gold Market update, became reality today, precipitating a bloodbath in gold and silver and Precious...
The purpose of this update is to draw readers' attention to the performance of Silvercrest and its future upside potential. Silvercrest was recommended on the site back in January at the optimum moment a few hours before it broke out from...
Due primarily to the California Gold Rush, San Francisco’s population exploded from 1,000 to 100,000 in only two years.

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