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

GLD - no buy signal yet. SLV - buy signal this week.
GLD - on sell signal. SLV - remains on a sell signal.
GLD - on sell signal. SLV - remains on a sell signal.
GLD - on TLBSS this week. SLV - remains on a sell signal.
  GLD - remains on a buy signal. SLV - remains on a sell signal.
  GLD - remains on a buy signal. SLV - sell signal this week.
By requests, we are now including GLD and SLV in our weekly commentary. GLD - is on buy signal. SLV - also on buy signal.
One chart only this week. The one which matters… Summary
$HUI - is on buy signal. $XAU - also on buy signal.
$HUI - the buy signal from early June remains valid as prices did not violate the previous low. $XAU - but the buy signal on XAU has failed and we are waiting for a new TLBBS.

In 1792 the U.S. Congress adopted a bimetallic standard (gold and silver) for the new nation's currency - with gold valued at $19.30 per troy ounce

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