Clive Maund
Technical Analyst & Author
Clive P. Maund’s interest in markets started when, as an aimless youth searching for direction in his mid-20’s, he inherited some money. Unfortunately it was not enough to live a utopian lifestyle as a playboy or retire very young. Therefore on the advice of his brother, he bought a load of British Petroleum stock, which promptly went up 20% in the space of a few weeks. Clive sold them at the top…which really fired his imagination. The prospect of being able to buy securities and sell them later at a higher price, and make money for doing little or no work was most attractive – and so the quest began, especially as he had been further stoked up by watching from the sidelines with a mixture of fascination and envy as fortunes were made in the roaring gold and silver bull market of the late 70’s.
Clive furthered his education in Technical Analysis or charting by ordering various good books from the US and by applying what he learned at work on an everyday basis. He also obtained the UK Society of Technical Analysts’ Diploma.
The years following 2005 saw the boom phase of the Gold and Silver bull market, until they peaked in late 2011. While there is ongoing debate about whether that was the final high, it is not believed to be because of the continuing global debasement of fiat currency. The bear market since 2011 is viewed as being very similar to the 2-year reaction in the mid-70’s, which was preceded by a powerful advance and was followed by a gigantic parabolic price ramp. Moreover, Precious Metals should come back into their own when the various asset bubbles elsewhere burst, which looks set to happen anytime soon.
Visit Clive at his website: CliveMaund.com
Clive Maund Articles
Gold had a really big up day on Friday and the central question for investors in gold silver and Precious Metals stocks is whether this was just a “flash in the pan” move that will not lead to anything significant or whether it marks the...
2023 has been a year of hiatus (or pause) in the implementation of The Great Reset, at least from the standpoint of the masses who have been able (temporarily) to return to their usual pursuits such as going to sporting events, visiting...
In a sense, gold’s price in fiat is irrelevant, because it has intrinsic value that is timeless. With fiat money trending ever more rapidly towards becoming utterly worthless, really the only reason that we track gold’s price against...
Gold silver and PM stocks staged a major breakout yesterday as the dollar cratered to signal the onset of a major devaluation as its loss of reserve currency status becomes a physical reality.
The last update was prescient as it called for a major breakdown in the dollar and breakouts by gold and silver, all of which happened just days later. If this were 2010 or 2011 this update would have generated considerable interest and...
In years to come many investors will look back upon the past weeks and months as another great opportunity missed, to be added to the list that most of us keep or have in our heads of other great opportunities missed, but you, dear reader...
The debt market has been perilously close to locking up in recent months which would quickly lead to the entire financial system freezing and banks slamming their doors and ATMs not working etc.
Everything is “going to plan” as far as the Precious Metals sector is concerned with gold taking off strongly higher as predicted and the Precious Metals sector outperforming the broad market for the 1st time in a long time, also as...
A big additional driver for investing in gold and silver has become apparent just in recent days with it becoming clear that governments around the world, starting with Canada, are not above plundering bank accounts and online crypto...
In this update we are going to do something that we haven’t done for a while, which is to examine the charts for the Market Vectors Gold Miners ETF, code GDX, in an effort to figure out where it is in its cycle, and as we will see there is...
