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Gold Editorials & Commentary

May 6, 2014

John Embry said last month that the rally at the beginning of the year was encouraging, but to remember that sentiment for gold was still extremely negative. He says that the stock market’s new highs are a result of the Fed ‘jamming cash into the economy.’ With...

Have you seen this “real price of gold” chart that’s been making waves? Among other things, it purports to show the gold price adjusted for inflation over the past 223 years. Notice the 1980 vs. 2011 levels.

I present another intriguing translation, this time from an article by Tan Weihuan “China Gold News” Chief Researcher on the internationalization of the renminbi. What I find interesting is that according to the author China or any other of the BRICS countries in...

Despite a mainly negative sentiment towards gold from investors as evidenced in the continued liquidation in gold-backed exchange-traded funds amid signs of an improving U.S. economy, the crisis in Ukraine has prompted in recent safe-haven buying which helped boost...

Western bank economists continue to make very bold and aggressive statements about lower gold prices in 2014, based on stronger growth in America.

May 5, 2014

If you have been following my analysis for any length of time then you already know I forecast gold and the stock market using my own method of quantitative trading. If you are not familiar with what quantitative trading is here is my definition.

Thus far in 2014, April ended on schedule and May arrived as expected. Well-placed sources, wishing to remain anonymous as they are not at liberty to speak on the matter, suggest that June will also arrive on time. That seems to sum up the only accurate components...

Before we look at the weekend charts I would like to quickly go over our three portfolios as some of you think I maybe not managing the risk portion correctly. As you know we have three portfolios made up of three different types of stocks. The Junior Portfolio is...

So far my 2014 expectations are playing out pretty much as planned, with a few adjustments. With the threat of war in the Ukraine I think the final bubble phase in stocks is now off the table. I doubt we can get the euphoric buying pressure necessary to generate a...

May 4, 2014

Big money speaks through politics. And both seem to be itching for a fight. It is forbidden to have real money compete with currencies. In much the same way, it is also unacceptable for the masses to become aware of the real depth of the socioeconomic train wreck we...

May 3, 2014

Is the Fed trying to install misplaced confidence in the economy by saying it is tapering whilst it is really NOT tapering!

Markets remain strong and setup for a breakout while stocks are still lagging BUT many stocks are now starting to setup nice buy levels so we will see more and more buy points finally come to us in the week and weeks ahead.

The modus operandi of the elites is to create chaos, preferably in the form of [profitable for them] war. Their purpose is to create major headaches for governments and people. The next step is to “offer solutions” to end the chaos. Without fail, the solutions...

And by the looks of it, with the inner circle of Putin being targeted, it looks like the Russians are currently the first ones to find out what the word BANK means: Be Aware No Kash. When money finds its way into the Western banking system it can be traced to any...

Long term – on major sell signal since Mar 2012. Short term – on mixed signals. Gold sector cycle – down as of 3/21, ending the up cycle since 12/27. COT data is not supportive for higher prices overall.

With so many long-time successful members of the ‘smart money’ contingent calling for a significant market correction this year, investors would be wise to at least prepare for the possibility. It seldom works to wait until a full-fledged correction is underway...

May 2, 2014

For all the recent fear in the market after another flare up in the Ukraine its hard to complain about how the big indices are holding up. All are near their highs. That’s good but there are some strange cross-market correlations that make one wonder.

Chart Analysis Gold & Silver Fuel Cells, GDX & GDXJ via videos.

Last week we noted that the gold and silver shares had formed a short-term rebound in response to an oversold condition. Yet we felt that the downtrend that originated from the hard reversal in March was still in effect. As we go to publish, the rebound appears to...

The low hanging fruit of retirement assets currently overwhelm any return on investment for punishing gold and silver investors. This is in addition to the very liquid numismatic and graded coin markets - which add another layer to the complexity of enforcing or...

May 1, 2014

The bear case most popular these days goes like this: the US economy is recovering, interest rates are going up so gold will be more expensive to hold and go down in price. It’s an inconvenient truth then that US GDP managed a whopping 0.1 per cent annualized growth...

We can't ignore it anymore - the markets are rigged. The LIBOR scandal broke almost two years ago, and the banks found responsible for manipulating that key index are still dealing with lawsuits. Meanwhile, allegations of gold market manipulation have been simmering...

I was just a kid—barely wet behind the ears. At two minutes before midnight, the sergeant of the guard and I marched onto the runway tarmac. Following protocol, I formally relieved the previous guard of his post.

The chart below (source: Stockcharts.com) may be very worrying to some and it may be a source of great relief to others. It shows a potential Head and Shoulders reversal pattern, with a neckline at 90 and a peak of 107.5. If the neckline is penetrated significantly...

April 30, 2014

The analysis of the past twenty years of the Miners Index is showing that an important bottom has been printed in December 2013. The Miners Index’s symmetrical sequence and also the relation between the Miners and the 78.6 Fibonacci Number (both in Price and Time)...

April 29, 2014

On gold’s shorter-term 8-month chart we can see that it is showing signs of having hit bottom. If Russia now invades eastern Ukraine, which is a significant risk through to the end of this coming week, then it is almost certain that gold will take off strongly...

Just a few months ago Poland announced that they would nationalize (confiscate) one-half of all its citizens’ private pensions to cut the nation’s debt. Prime Minister, Donald Tusk announced that the government decided to transfer government pensions and bond...

This could be a breathtaking week for gold investors around the world. A huge number of key financial reports and meetings are scheduled, and any one of them is probably capable of moving the gold price quite significantly.

While central banks endeavour to maintain the confidence in paper “money” and try to avoid a spike in the gold price, central banks have in fact become net buyers of gold since 2010. They do this in fact at a pace not seen since the early 1970s. In 2012, Central...

In addition to the excellent study of the Chinese gold market by the World Gold Council (WGC), which was recently released, we have received other reports on that ever-so important market that differ in viewpoint. We shouldn’t be surprised by this, not only because...

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