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Jeffrey Nichols

Jeffrey Nichols is Managing Director of American Precious Metals Advisors and Senior Economic Advisor to Rosland Capital.  He has been a leading precious metals economist for over 25 years. His clients have included central banks, mining companies, national mints, investment funds, trading firms, jewelry manufacturers and others with an interest in precious metals markets.

Jeffrey Nichols Articles

Contrary to expectations, ours and nearly everyone else’s who pay attention to the price of gold, the yellow metal has since election day, shed nearly 15 percent of its value in US dollars.
Despite gold's recent selloff, I feel increasingly comfortable with our short-term (one-year) and our long-term (five-to-seven year) forecast of the future price of gold. Indeed, by this time next year, gold's price could be challenging or...
Gold bulls have suffered years of disappointment, having seen their favorite metal’s price lose more than 40 percent from its all-time historic high of $1,924 an ounce in early September 2011.
By the time you read this Commentary, chances are the Federal Reserve, America’s central bank, will have announced its decision to raise, if only by a slim quarter-percentage point, its key Fed funds interest rate. This is the rate banks...
Despite increasingly strong supply/demand fundamentals, gold prices have continued to tread water – more or less within a narrow $100 range – having hit overhead resistance a few weeks ago near $1175 and now testing support near $1075 an...
For the past year and longer, financial-market expectations of US Federal Reserve interest-rate policies have been the single-most important determinant of day-to-day fluctuations in the price of gold.
Traders and investors around the world are placing bets on whether or not the US Federal Reserve, America's central bank, will soon raise short-term interest rates given the continuing ambiguity in US and global economic indicators and...
At recent lows around $1075 an ounce, gold has been trading at the lowest price level since February 2010. And, in recent days, the metal has been consolidating in a narrow range just under $1100.
I’m just back at my desk from a fact-finding mission to Shanghai and other Asian gold-trading centers where I met with gold importers, traders, jewelry manufacturers, retail outlets, and exchange officials.
The U.S. economy has rebounded from its winter slump – but recent data continue to present mixed signals, leaving the Federal Reserve and most Fed-watchers alike uncertain about the timing of the much-anticipated first step-up in the Fed...

The first use of gold as money occurred around 700 B.C., when Lydian merchants (western Turkey) produced the first coins

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