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Gold Editorials & Commentary

August 27, 2013

It is natural to compare the current precious metals’ bull market with that of the 70s, since there are many similarities between the two. Below is a comparison which illustrates some of the similarities between the two bull markets:

No significant changes from the previous update, except the short-term time-window of the broad stock market became neutral from bearish. The short-term neutral time-window is expected to last until 8/30/2013.

August 26, 2013

Not familiar with DrDoolittle but a few brief notes on the article. NUGT is compared with GDX. Both are ETFs and both are based upon the performance of the NYSE Acra Gold Miners Index (GDM). The NUGT IS NOT directly based upon the GDX.

It is understandable if many readers choose to view the current financial nightmare concocted by Western bankers as an “economic Hell”, however it would be only a moderately appropriate metaphor. To truly capture the quality and severity of the economic conditions...

Analyst Hubbart’s Video compares the bullish flag formation of GDX; and compares same to the 3X ETF (NUGT) that mirror’s the price movements. He sees potential for material profits in NUGT if GDX can reach its bull flag price target.

Wall Street and Washington love to spread fables that facilitate feelings of bliss among the investing public. For example, recall in 2005 when they inculcated to consumers the notion that home prices have never, and will never, fall on a national basis. We all...

Once again we present the Treasury ‘TICs’ data for China and Japan, most recently available through June. It can be argued that these two countries are the T bond market, when considering the volume in which they deal and their strategic status as heretofore T bond...

Fundamentally, Gold is now starting to move into the final 3rd phase of this long-term bull market. The 1st stage saw the miners closing their hedge books – and the 2nd stage continuously presented news about institutions and central banks buying or repatriating...

Last week we illustrated how gold should be treated as a special alternative to dollar denominated paper assets ( http://www.gold-eagle.com/article/gold-system-hedge ) . Yet, It is not only the “system-hedge” aspects that determine the value of gold, since supply...

Gold bugs finally have some reason to rejoice, after a long and painful two years. Precious metals are breaking out in powerful fashion, with gold up $200 or 16% and silver up $5.50 or 30% since bottoming on June 26th. These explosive moves have been generated with...

August 25, 2013

In this Weekend Report I would like to show you gold from the short term perspective to the long term look and everything between. As you know gold made a bottom back in June of this year that is still the low point for this two year correction. The question on...

We are no fans of the Fed-sponsored stock market takeover, but that seems to be the way of central planners, these days…eliminate free markets and get them to react how it puts central planning and Lying Ben’s disastrous QE4Ever in a positive light, no matter that...

August 24, 2013

A great week really in the big scheme of things. We saw markets continue to correct and consolidate and they are bouncing a bit now. This is the kind of action we really want to see so we can have a nice run into the end of the year.

Last week was an homage commentary to the market forces, what we always attribute as being the most reliable source of information. For the first time in many months, we began recommending the long side in futures, starting on 7 August: 19.42 for silver and 1308...

Since Ben Bernanke uttered the word “taper” before the summer kicked-off, the tone in the financial markets has been markedly different. Even though taper has been the hot term on Wall Street for three months, the market’s focus remains squarely on the Fed. From...

All precious metal equities are on a Buy Signal short-term – although they continue to remain on a Sell Signal long-term since March 2012.

August 23, 2013

During the in extremis phases, we analysts often referred to the Eurozone by its touristy moniker ‘Club Med’. Well we’ve got a much more serious club to deal with right here on our own shores. This is something I and many others have been pounding the keys about for...

Has there ever been an asset class bombarded by such intense negativity in such a short period of time? Fed Chairman Bernanke’s warning in May that the Fed would soon begin to ‘taper’ its QE bond-buying stimulus program brought ‘The End of Bonds’ headlines out in...

Invariably, as the price of silver and gold begins moving higher, more investors will be drawn in to the mostly paper precious metals market.

There’s an interesting interview done by Geoff Candy over on mineweb.com. In the interview Geoff asks Gold Fields CEO, Nick Holland “What went wrong with the gold industry?” Holland’s reply is very informative.

Recently Contributing Editor Morris Hubbartt has been providing his gold and silver market analysis via videos.  Here are his latest videos:

The US stock markets have enjoyed a dazzling year, levitating to a long series of new record highs. But this relentless advance has stalled in August, with selling pressure mounting. Even most of the bulls readily agree that a material selloff is overdue after...

I confess. This was a new one on me. I had never heard of a “Bullhorn” pattern. I saw it mentioned first in a weekly article from a gentleman who writes under the moniker of “Thirdeyeopentrades”. “Thirdeyeopentrades” appears to be someone by the name of Robert Cote...

The PRICE of gold held just shy of last week's 2-month closing high in London trade on Friday, retreating $10 from an overnight high of $1380 per ounce as world stock markets also held flat.

In Part I ( http://www.gold-eagle.com/article/theory-interest-and-prices-paper-curre... ), we looked at the concepts of nonlinearity, dynamics, multivariate, state, and contiguity. We showed that whatever the relationship may be between prices and the money supply...

Back in November 2003, before the Hat Trick Letter was hatched and launched, a seminal article was written about 25 reasons why Gold will rise. It was updated afterwards, around 2008 with a couple more reasons.

I don't want to put too great a shine on the sentiment indicator readings, but they have changed quite radically this week and deserve some coverage.

August 22, 2013

On Wednesday the Fed released the minutes from its July 30-31 policy meeting.  Minutes from the meeting showed that most members of the FOMC agreed that a reduction of the stimulus was not yet appropriate.  Only a few thought it was time to “slow somewhat” the pace...

NUGT is the symbol for DIREXION’s Daily Gold Miners Bull 3X Shares listed on the NYSE.  In September 2011 NUGT was over $2,000/share.  Since that time NUGT’s share price has relentlessly fallen as a consequence to the recent bear mar

Low prices lead to high prices. The (latest) two-year price-suppression campaign from the banking cabal targeting the precious metals sector provides a text-book illustration of this economic principle. When you cripple the supply-chain, stimulate demand to record...

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