Clive Maund

Technical Analyst & Author

Clive Maund

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

Why can't folks break the habit of being so pessimistic at market bottoms? Not that we're complaining, if they did that would be one less thing that we'd have to go on. With people writing in to say that gold is going to $800, or $700,...
Last week a very dangerous precedent was set when the Fed announced that it is going to start overtly intervening to backstop the ailing Treasury market. The market's verdict on this announcement was immediate and unequivocal. While...
You may have heard the old saying that "the Market is the news", and it is true. You don't have to look for explanations regarding yesterday's response by the markets to the Fed's announcement that it will buy $300 billion of Treasuries,...
Gold ran at its highs of last March, before reacting back heavily, as expected and predicted in the last update. The 1-year chart makes very clear why it has reacted back so. It hit the upper return line of a steep uptrend channel in a...
Alot of subscribers have been perplexed by the relatively miserable, laggardly performance of Precious Metals stocks in recent days as gold and silver have soared, especially against various major world currencies. This is one thing which...
Although copper may seem like a sideshow it is actually very important, for it is a barometer of changes in the world economy. In retrospect it is easy to see on its long-term chart below that its refusal to break higher for several years...
For over 18 months most junior mining stocks have put in an absolutely terrible performance. The chart for the CDNX index, which best represents junior gold miners as it is made of about 500 stocks most of which are mining stocks, makes...
The 3 main predictions made over the past several weeks have come to pass - bonds have topped out and come close to completing a Head-and-Shoulders reversal, the dollar index has rallied further to our target in the 84 - 85 area and gold...

India is perennially the world’s largest gold consumer.

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