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

Gold sector cycle is up. Trend is up for gold and gold stocks, and down for USD. A monthly close above $2000 confirms a major breakout, with no overhead resistance.
Our proprietary cycle indicator is UP. Our ratio is on a new buy signal. Trend is now DOWN for USD. Trend is UP for gold stocks. Trend is UP for gold. A bottoming pattern in progress.
Our proprietary cycle indicator is UP. Expect higher gold prices overall. Trend is UP for gold. A bottoming pattern in progress. Gold is also in the process of a bottoming pattern.
Our proprietary cycle indicator is UP. 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 up. Trend is now up for gold and gold stocks. In recent years, gold stocks have a tendency to bottom in the summer/fall time frame.
Trend is UP for gold. A bottoming pattern in progress. In recent years, gold stocks have a tendency to bottom in the summer/fall time frame.
Our proprietary cycle indicator is UP. Expect higher gold prices overall. Our ratio is on a buy signal. Trend is UP for USD. Trend is UP for gold stocks. Trend is UP for gold.
Gold sector cycle is up. Trend is now up for gold and gold stocks. We are cost averaging in.
Gold sector cycle is down. Trend is up for USD, and down for gold and gold stocks. We shall wait for the next cycle bottom.
Gold sector cycle is down. Trend is up for USD, and down for gold and gold stocks. $$$ We shall wait for the next cycle bottom.

China has only 2% of its Total Foreign Reserves in gold.

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