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Gold Editorials & Commentary

September 16, 2019

Oil (Black Gold) surged over 15% after the attacks on the Saudi oil facilities; oil prices are now 10% higher with gold 1% higher and silver over 2% higher

No one said it would be easy for the laggard. Platinum made some strides, but it failed to get to the critical level. Platinum remains the precious bargain. Buying the dip using futures to take delivery. PLTM for those who do not want to hold the metal.

Why don't we start things off a tad differently this evening? Let me relate to you all a parable from the Book of Quantitative Easing where all is good and noble in the world of government oversight, the most widely used oxymoron in the history of mankind.

Several weeks ago, the market was in a precarious posture, and had an opportunity to drop down to my next lower targets between 2600-2700SPX. But, it invalidated the set up to point us down there for now, and began pointing back up towards resistance.

September 15, 2019

We've reminded our readers time-and-again per the above Gold Scoreboard that 1526 is our "aggressive" high forecast Gold price for this year. To be sure, following Gold reaching that 1526 target on 12 August (at 18:00 Pacific Time), price further punched through to...

September 14, 2019

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.

September 13, 2019

It was a hot monetary policy meeting yesterday. Faced with slow inflation and bleak growth, the ECB eased again, delivering a fresh stimulus package. What does it mean for the gold market?

Gold reversed hard last week after blasting higher for a month, leaving traders wondering why and what that portends. The answers are found in gold’s dominant short-term driver, speculators’ collective trading in gold futures. Their positioning has grown excessively...

Gold gained 1.7% after the European Central Bank unleashed easy money measures by cutting deposit interest rates and relaunched QE “for as long as necessary”

There is a very good chance that there will be a recession within the next 1-2 years, and this could even occur within the next few months.

September 12, 2019

The Fed cut the interest rates at the end of July. As the previous easing cycle started in September 2007, many analysts are saying that the current year looks more and more like 2007. We invite you to read our today’s article that compares the current year with...

It’s the most widely anticipated recession in history. The recession hasn’t arrived yet – and may not do so anytime soon – but the mainstream media still can’t stop talking about it.

The charts below are telling me we crash lower on 9/12 and again on 9/18-19ish.The expected 9/12 bottom should hold the SPX 2870 area. The 9/18 to 9/19 or the 20th move should go down below the 8/5 low to create an irregular bottom either on 9/19 or 9/20. 

September 11, 2019

Gold and gold stocks declined yesterday, but silver hesitated. Does this, plus the fact that gold is up so far in today’s pre-market trading indicate a short-term bottom? Or is the picture even on the verge of turning bullish?

WHAT BIG CON? There are so many in the worlds of central banking, economics, government, and money that we list only a few.

This research post continues our effort to keep investors aware of the risks and shifting capital opportunities that are currently taking place in the global markets.  We started in PART I of this article by attempting to highlight how shifting currency valuations...

Is the gold price reaction over? Well, since the rally began in the $1170 area, corrections have not lasted very long.

I think this market has been providing many investors with whipsaw and head aches, which has also caused much head scratching.  (And, yes, that little itch may be telling you something.)

Gold will “trade stronger for longer” and Citigroup see gold possibly topping new nominal highs at $2,000 an ounce in the next year or two

September 10, 2019

"The permabulls will tell you that the bullion banks and their treasury department conspirators have lost all power in this 'new paradigm' and we should relax and refrain from worry. I tend to disagree because wounded animals are the singular most dangerous of all...

August nonfarm payrolls came in short of expectations. Earlier months were also marked by downward revisions. Does it send a signal to act for the Fed, and what is gold likely to do in return?

It has taken a few weeks to play out but our warning of a correction in precious metals (first on August 18) is coming to pass. Last week gold, silver and GDX all formed big bearish reversals at multi-year resistance levels. Yes, these resistance levels (gold $1550...

1) The End of the Long-Term Debt Cycle (When Central Banks Are No Longer Effective). +2) The Large Wealth Gap and Political Polarity. + 3) A Rising World Power Challenging an Existing World Power.

It is my privilege now to welcome back our good friend Greg Weldon, CEO and president of Weldon Financial. Greg has decades of market research and trading experience specializing in the metals and commodity markets, he even authored a book back in 2006 titled, Gold...

September 9, 2019

“It’s nothing to worry about, gold and silver will rally back up shortly” – most analysts say right now and also said in the mid-90s.

And so, the rally in gold and silver has come to an end, just as we expected it to. Of course, one can say that yesterday’s slide was just a daily correction, or a pause, but this is not the case. There are myriads of reasons for it, but we want to emphasize two of...

In this interview with Silverdoctors, Egon discusses $666 silver and $10’000 gold. Some viewers commented the 666 price target.

This shortened holiday week has been full of crazy price rotation, political intrigue, surprise news events and, we are certain, full of headaches for some traders.  Still, we managed to pull out four consistently profitable trades for our members by sticking to our...

Although a major precious metals sector bullmarket has certainly started, various fundamental and technical factors came together last week to suggest that a significant correction to the recent strong run-up has now started.

News that trade talks are set to resume in October (this time for real) drove the SPX to 2885, breaking above the previous consolidation highs by about 40 points.  This move, which was anticipated as possible by some EWT analysts, does not alter significantly the...

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Small amounts of natural gold were found in Spanish caves used by the Paleolithic Man about 40,000 B.C.

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