first majestic silver

Gary Savage

Gary Savage Articles

Today I want to address the nonsense I've been reading elsewhere that the technicals are indicating that gold is still in a bear market. Nothing could be further from the truth. First, let me dispel the idea that somehow the mining stocks...
As always happens after a strong rally in anything, traders begin to anticipate another leg up. They buy the first corrective move back down because they missed the initial rally, and they don’t want to miss the next one. This is the...
Let me start off and say the longer one continues to operate under the assumption that we still have free markets, the less likely you are to make money…and the more likely it is you will lose money.
One of the hardest things to do in this business is to let your winners run. For whatever reason we are programmed to expect reversals. It’s why so many people try to trade against the trend. I’ve seen it in full display over the last five...
While gold is correcting by consolidating sideways, silver is delivering a recognizable move into a daily cycle low. As usual, retail traders are getting bearish when they should be getting bullish.
In my video below, I explain how and why I think the gold bear market is artificial, and due to manipulation by a few big banks in the paper market. I discuss the market reaction that will confirm I’m correct.
I know that after four years of bear market, at this point everyone has basically given up on gold and left it for dead. But I can say with 100% certainty that every bear market eventually ends, just like every bull market eventually ends.
As predicted, everyone started calling a top yesterday when the miners (Market Vectors Gold Miners (N:GDX)) corrected and all gold did was retest the triangle breakout. This will continue all the way up. Instead of just riding the trend,...
As most of you probably know the largest rallies occur during bear markets. They tend to be very aggressive and powerful. This is how one can tell the difference between a countertrend rally in a bear market and a rally in a new bull...
For about the last year and a half I’ve been warning that gold was being driven down to test the last C-wave top ($1033). No one believed me. Now that the test has occurred it’s time to go the other way. Again no one believes me.

In 1792 the U.S. Congress adopted a bimetallic standard (gold and silver) for the new nation's currency - with gold valued at $19.30 per troy ounce

Gold Eagle twitter                Like Gold Eagle on Facebook