first majestic silver

Gold Editorials & Commentary

August 1, 2015

Not in 2013, not in 2014, and so far, nothing positive for the price of gold and silver has developed in what looks like for the balance of 2015. Most of the highly regarded gold and silver sites and bloggers have been expecting an upside breakout, some even...

Gold sector is on major sell signal. Cycle is down. Traders should be in cash or short. COT data is now favorable for a tradable bottom soon.Silver is on a long term sell signal and investors should be in cash or short. COT data reveals that a tradable bottom is...

July 31, 2015

If you are a precious metals investor, you need to see this chart. Matter-a-fact, this is the first time (to my knowledge) in the history of precious metals analysis that the information in this chart has been made public. One look at this chart and the investor...

What could revive gold and oil prices from their current cyclical lows? It was quantitative easing that pushed prices up after the last global financial crisis. Is it about to happen all over again? Central banks in the Western world have set the scene for an ‘even...

Let's look at two different topics where we are seeing contradictory "evidence".  First up is what's happening in the gold and silver markets.  Never before have I seen sentiment as poor as it is today.  Nor have I seen so many negative articles about gold in the...

As always in June, Incrementum AG (an independent asset management & wealth management company based in the Principality of Liechtenstein) published its annual “In Gold We Trust” report, the extended version of which can be downloaded here. We know that it was...

Gold has certainly had a rough summer, facing withering selling pressure from record futures shorting. The resulting new secular lows have greatly exacerbated the already-extreme bearish psychology long plaguing this metal. But considering the howling headwinds...

US & China Stocks, Gold & Silver Volume, GDX and Junior Gold Stocks analysis via videos.

- Perth Mint sees surge in demand and cannot keep up with demand. - “Our biggest restriction is the amount of unrefined gold we’re getting in from producers” - Very high demand for Perth Mint coins, bars coming from Asia, U.S. and Europe. - U.S. Mint sees highest...

I've been bearish on gold for so long that my successively lower targets have become almost perfunctory. Lately, I’ve focused on a ‘Hidden Pivot’ target at $817, the attainment of which would presumably wash out the last of the die-hard bulls, clearing the way for a...

July 30, 2015

While the world can count dozens of important currencies, when it comes to top line financial and investment discussions, the currency marketplace really comes down to a one-on-one cage match between the two top contenders: the U.S. Dollar and the Euro.

The bearish target at 1059.70 (see chart) seems clear and compelling to me — so much so as to beg the question of why the futures have been thrashing around for the last two weeks just above it.

More and more insiders are warning of a potential systemic event. The first sign of real trouble concerned a number of investment legends choosing to close shop and return investors’ capital.

It’s 5:00 AM PST, and to say I’m tired is the understatement of the century. I’m in Vancouver for Eric Sprott’s annual investment conference, where the Miles Franklin crew is spending time with some of the continent’s smartest people.

Anyone with a nose for markets will tell you that the Chinese government's attempt to rescue the country's stock markets from collapse is far from succeeding. Bubbles collapse, period; and government interventions don't stop them. Furthermore, we are beginning to...

- “Physical gold is a non-digital asset. You can’t attack it with cyberwarfare” – Rickards. - Greek crisis was necessary step towards fiscal unity in Europe. - “Euro creators want to force common fiscal control – Eurobonds” - Currency wars between U.S. and China may...

July 29, 2015

Readers who have read ‘Can lightning strike twice?’ will be aware that the Friday PM gold fix was right at major long term support for the gold price. When on June 30 of 2013, also a Friday, gold fixed at $1192, it was also right on similar support – and that saw a...

Anyone who has been bearish on gold for the last four years has been right. They have been right in Euros…and though the trend appears to have been gently changing over the last year or two, they have been right in Canadian & Aussie (i.e. commodity currencies)...

The financial press and blogosphere are still exploring the topic of Chinese reserves. Recently, some voices have arisen that China supported the recent plunge of the gold price in order to boost its reserves. Are these opinions justified?

When the market made it clear three years ago that much lower levels were going to be seen, as the bottoming set up we were tracking was invalidated in June of 2012, I put out the lower targets we have had on our metals charts for the last three years.

For some observers it came as no surprise in 2019 when the US economy suffered a collapse that was much, much worse than what had happened after 9/11; even worse than the Great Financial Crisis (GFC) that began in 2007/8. This is an attempt to pre-empt the...

An attempt by Austria to bail-in junior bondholders at the Heta “bad bank” has been overturned by the highest court in the country. Last year Austria passed legislation which annulled guarantees previously given by the state of Carinthia to bondholders of Heta,...

July 28, 2015

One of the most commonly held beliefs among gold investors is that the market for gold is heavily manipulated. It has become an article of faith among gold advocates that the price is subject to direct control by government, central banks and other parties who have...

The Gold/Housing ratio is a quite useful measure for evaluating relative values between real estate and gold, and also has an interesting historical track record for identifying turning points in long-term gold price trends. In light of the commodities rout...

The saying goes that lightning can strike twice in the same place. Perhaps it can do so and also in the same season. Just more than 2 years ago, the following chart of the gold price and part of the comments appeared in the US Markets report. In this chart, the...

Gold did not move very much in the overnight session, perhaps due to today’s option expiry. The good news is that we are encouraged by the fact that we seem to have an impulsive wave structure from 1076.60 low to the current highs!

Since around mid-June, gold prices have come under substantial selling pressure. One of the main drivers behind this fall has been the on-going debate about interest rates.

This is a busy week. Today is “options expiry day”; COMEX August gold options expire. As options expiry day approaches, gold tends to trade in a sideways pattern near round numbers, and $1100 is the number in focus now.

Casey Research is making the same case it has made numerous times over the past few years, and always been wrong: namely that now is the moment for contrarian investors to pile into gold mining stocks.

IN THE BEGINNING: Gold and silver coins were used as real money for several thousand years. Gold and silver were universally recognized as a store of value. 140 YEARS AGO: The $20 Gold Double Eagle Coin was globally recognized as money. It contained 0.9675...

Gold IRA eBook

A single ounce of gold (about 28 grams) can be stretched into a gold thread 5 miles (8 kilometers) long.

Gold Eagle twitter                Like Gold Eagle on Facebook