Clive Maund

Articles by Clive Maund

Silverbugs have been getting worked up this month about the possibility of a new bull market in their favorite white metal, due to its sharp rally in the early days of the month. However, as we will see in this update, the long-term charts...
During gold’s takedown over a week ago, silver rather surprisingly escaped relatively unscathed, a resilience that we can put down to this market already being very depressed, with its COTs showing little speculative interest even before...
Europe is a fascinating place, but not as interesting as it was before the European Union came into existence. Older travellers may recall the fun of going from one European country to another, with each having its own currency and...
It’s a strange situation – the long-term charts for silver continue to look awful, but there has been a quite dramatic improvement in its COTs, which now look positive, with readings that in the past have consistently lead to rallies....
Silver’s cheerleaders are trying to keep their flocks happy by talking it up as usual, but the hard reality is that silver’s charts continue to look awful, and like it is readying for another sharp drop, which fits with our view that the...
A lot of folks are waxing lyrical about silver, about what a great oversold undervalued investment it is, that is Real Money and how it is leveraged to gold and thus even better etc etc. The only problems are that it happens to be stuck in...
Silver’s long bear market from its 2011 highs is believed to be “nested” within a larger bull market, along with gold’s, as discussed in more detail in the parallel Gold Market update, to which the reader is referred. This is an echo of...
The giant bearish Rising Wedge in the S&P500 index shown on its 8-year chart below is now closing up rapidly and looks set to force a breakdown soon. While an upside breakout is possible, it looks highly unlikely, for a variety of...
There are a lot of fine words being written about how attractive silver is at current prices and how it is about to enter a new bull market etc, but the plain truth is that it remains in a major downtrend and is a bear market until it...
Silver showed impressive resilience on the latest dollar rally, refusing to break to new lows, and with the dollar signaling that its huge rally is burning out, and gold’s COTs now strongly bullish, the outlook for silver is suddenly a lot...

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Gold falls on firm dollar, China rate cut lends support