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.

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Clive Maund Articles

There are two important factors indicating that the Precious Metals sector is at a near-term top and that a significant correction is beginning, or will soon.
Gold had a roller-coaster week, rising strongly early in the week to challenge its early December highs, and then scared a lot of traders on Thursday by looking like it was double-topping with those highs, before a really robust rally on...
Everyone involved in the gold market knows about the great 70's gold bull market and how it climaxed with a vertical spike. I have on numerous occasions written that, because of the exponential explosion in the growth of credit,...
Any reader who has an interest in seeing gold go up is likely to enjoy reading this article. To put what I am about to write in an overall context I would like to draw readers' attention to my article "The Great Crash of 2002" which...
Welcome to the land of opportunity! The long-term chart of Durban Deep is one of the most bullish charts I have seen in my entire life. Readers of other reports by me will know that I have, throughout the late summer period, remained very...

According to the Talmud you should keep one-third of your assets each in land, business interests, and gold.

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