Clive Maund
Articles by Clive Maund
Never before have we seen major indicators in such a conflicting state. Taken in isolation many important indicators are giving clear signals, but they are in conflict with one another to the extent that the outlook is a clouded mess. When...
Gold Market UpdateThe action in gold on Thursday and especially on Friday was bullish, as well it might be after a near vertical drop of nearly $200 in just 2 weeks. In the article At what point does gold become a full blown...
Gold Market UpdateThe reason why commodities and stocks have been collapsing is liquidity problems and the consequent threat of deflation, and the collapse has been made far worse as a result of the extreme leveraging that had earlier been...
A confluence of factors suggests that we have just seen the bottom in gold and silver, or if not that the bottom is very close. The last update called the bottom too early as renewed dollar strength resulted in another downleg in the...
Gold Market UpdateGold is believed to have bottomed. It crashed the support at $850 as predicted in the last update and plunged to hit a low $8 below our target range on a closing basis. Our target range for the drop was $800 - $825, and...
Gold Market UpdateA week of dramatic developments ended with the dollar surging to 6-month highs and silver crashing an important support level and plunging. Gold, however, did not break below its important $850 support level, although as...
Gold Market UpdateWhile the broad stockmarket has staged a relief rally from deeply oversold in response to the Fannie and Freddie bailout and oil has tumbled over the past week or two, both as predicted, gold has suffered more collateral...
Gold Market UpdateAlthough gold has remained in the doldrums since the last update, there is plenty of evidence that another strong uptrend is solely a question of when, not if. On the 1-year chart we can see that the reactive phase in...
The technical condition of silver has continued to improve since the last bullish Silver Market update was posted a week ago. This is because it has held above the strong support in the $16 - $16.50 area, and by virtue of moving sideways...