first majestic silver

Jack Chan

Technical Analyst & Editor

Jack Chan is the editor of Simply Profits, established in 2006. Chan bought his first mining stock, Hoko Exploration, in 1979, and has been active in the markets for the past 37 years. Technical analysis has helped him filter out the noise and focus on the when, and leave the why to the fundamental analysts. His proprietary trading models have enabled him to identify the NASDAQ top in 2000, the new gold bull market in 2001, the stock market top in 2007, and the US dollar bottom in 2011.

Jack Chan Articles

Our proprietary cycle indicator is down. Gold sector is on major buy signal. Meanwhile, gold has traced out a three wave which is also corrective.
Gold sector is on major buy signal. GLD is on short-term sell signal. GDX is on short-term buy signal. XGD.to is on short-term buy signal. GDXJ is on short-term buy signal. 
Our proprietary cycle indicator is down. Gold sector is on major buy signal. GLD is on short-term sell signal. GDX is on short-term sell signal. XGD.to is on short-term sell signal.
Our proprietary cycle indicator is down. Gold sector is on major buy signal. GLD is on short-term sell signal. GDX is on short-term buy signal. Speculation has peaked and will take weeks to unwind.
Our proprietary cycle indicator is down. Gold sector cycle is down, a multi week correction is in progress. We have taken partial profits and are holding a core position for the long term.
Our proprietary cycle indicator is down. Speculation has peaked and will take weeks to unwind. Short-term volatility can be very sharp, stay focused on the big picture.
Our proprietary cycle indicator is up. Gold sector is on major buy signal. GLD is on short-term sell signal. Long-term – on major buy signal. Short-term – on mixed signals.
Our proprietary cycle indicator is up. Gold sector is on major buy signal. The silver:gold ratio confirmed a breakout this week, ending a three year downtrend and under performance.
Our proprietary cycle indicator is up. Gold sector cycle is up. COT data is alarming, but as long as speculation continues to increase, there is no telling when liquidation will begin. Stay focused on the long-term and stay the course. New...
Long-term – on major buy signal. Short-term – on mixed signals. Gold sector cycle is up. COT data is at levels of previous tops. Stay focused on the long term and stay the course. 

China is the world’s biggest gold producer with more than 355 tons annually. Australia is second.

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