first majestic silver

Jack Chan

Technical Analyst & Editor

Jack Chan is the editor of Simply Profits, established in 2006. Chan bought his first mining stock, Hoko Exploration, in 1979, and has been active in the markets for the past 37 years. Technical analysis has helped him filter out the noise and focus on the when, and leave the why to the fundamental analysts. His proprietary trading models have enabled him to identify the NASDAQ top in 2000, the new gold bull market in 2001, the stock market top in 2007, and the US dollar bottom in 2011.

Jack Chan Articles

Our proprietary cycle indicator is up. Gold sector remains on long-term buy at the end of June. Long-term – on major buy signal. Short-term – on buy signals. Gold sector cycle is up, at a multi-year high. We are holding long and short-term...
Our proprietary cycle indicator is up. Gold sector remains on long-term buy at the end of June. GLD is on short-term buy signal. Long-term – on major buy signal. Short-term – on buy signals.
Gold sector remains on long-term buy at the end of May. Gold sector cycle is now up, indicating that the multi week pullback is now completed. We are adding to positions.
Gold sector cycle is down, a multi week correction is in progress. We cashed out on half of our core position with a 77% gain, holding remaining for the long-term, and will allocate more capital at the next cycle bottom.
Gold sector remains on long-term buy at the end of May. GLD is on short-term sell signal. GDX is on short-term sell signal. XGD.to is on short-term sell signal. GDXJ is on short-term sell signal.
Gold sector cycle is down, a multi week correction is in progress. We cashed out on half of our core position with a 77% gain, holding remaining for the long term, and will allocate more capital at the next cycle bottom.
Our proprietary cycle indicator is down. Long-term – on major buy signal. Short-term – on mixed signals. Gold sector cycle is down, a multi week correction is in progress.
Our proprietary cycle indicator turns down this week. Gold sector remains on long-term buy at the end of April. 
Gold sector remains on long-term buy at the end of April. GLD is on short-term buy signal. Breakout this past week.
Our proprietary cycle indicator is up, but has reached levels of previous tops. Gold sector remains on long-term buy at the end of April. Long-term – on major buy signal. Short-term – on mixed signals.    

In 1933 President Franklin Roosevelt signed Executive Order 6102 which outlawed U.S. citizens from hoarding gold.

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