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
Today we are going to review irrefutable evidence that a slow motion train wreck is already well underway across global markets that will end with the last wagons on the train, the S&P500 index and the Dow Jones Industrials,...
On Thursday the dollar reversed dramatically to the downside and on Friday gold broke out upside, with both developments being predicated by the most bullish gold COTs for 14 years.
There is no need to mince words or beat around the bush with this update. The latest COTs for gold released yesterday showed another marked improvement…so that they are now strongly and unequivocally bullish - in fact they are at their...
Have the problems exposed by the financial crisis of 2008 been addressed and dealt with to any extent? - no they have not, they have been papered over by creating more debt and printing money, thus making the underlying problems much worse.
The predictions made in the recent past for the dollar to rally and gold and silver to drop have proven to be correct. Gold has now dropped for 8 days in a row as we can see on its 3-month chart below, which common sense dictates is...
It was ironic that when Dr Watson complained to his companion Sherlock Holmes that he had a stomach ache, Holmes clarified the situation at once by saying “Alimentary, my dear Watson”. More generally, the legendary sleuth of Victorian...
Gold’s cheerleaders are at it again, jumping up and down with excitement as they proclaim the birth of a new bull market, and herding their flocks into the sector, when they have barely recovered from the last fleecing.
The fiat money system should be branded a “crime against humanity” because of what its unbridled excesses must inevitably lead to - chaos, destitution and war - which is what we are clearly heading towards.
Everyone is so focused on looking at the Fed and whether or not it decides to raise rates by a puny 0.25%, that they are completely overlooking the fact it is the market’s role to set interest rates…and if the Fed is not up to the job,...
The market didn’t waste any time “getting on with it” yesterday after the bearish action on the day of the Fed announcement. It fell, and hard. We are going to look at this carefully because what appears to be starting is a devastating “...
