Clive Maund

Clive Maund Articles

After what happened on Friday many Precious Metals sector investors are naturally concerned about the effect of further heavy losses in the broad market on the sector. Let’s now review Friday’s action, starting with the broad market itself...
While the Fed is almost powerless these days, as it has succeeded in "painting itself into a corner," the markets still seem to think that its utterances are important and react, sometimes violently, to its apparent stance, or implied...
We have already figured out that, faced with the choice between doing “helicopter money” and allowing a deflationary implosion to occur, those in power will elect the former. The reason is because it buys them more time by keeping the...
Woke up to stunning news this morning – sorry, I don’t stay up watching election results – that Britain has voted by a narrow but clear majority to leave the EU. I had feared that the British electorate would be cowed into submission by...
While the long-term outlook for gold could hardly be better. However, the short to medium-term outlook deteriorated substantially last week…with an important chart reversal on Thursday that was not negated by Friday’s bounce back. Moreover...
The latest gold COTs are out…and they are an absolute horror story: The Commercial Short and Large Spec Long positions having ramped up to multi-year extremes, which we can take to mean that the dollar is not going to crash its support in...
As a Brit, I well understand the deep admiration the Canadians have for their powerful neighbors south of the border, even if it is not always expressed. The good news in this update is that now is the time to "put your money where your...
All the technical evidence suggests that gold is building out an intermediate top area here, which fits with the fundamental situation where complacency and “risk on” are making a comeback, thanks to the boundless generosity of Central...
PM Sector longs have had a laugh at our expense over the past couple of weeks as gold has continued to edge higher after we called it down, but it is looking more and more like they will end up like those 4 fools in the classic Clint...
Many analysts and writers have described the pattern forming in the past couple of weeks in gold as a "bull Flag or Pennant" with some appearing to be "playing to the gallery" - i.e. telling their audience what they want to hear, which is...

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The term “carat” comes from “carob seed,” which was standard for weighing small quantities in the Middle East.