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

Inter-market relationship is very complex , and like price itself, is dynamic and subject to constant change. One of the most influential factors in the financial markets is interest rates. And the market which is more affected by interest...
Years ago (30 to be exact) when I began buying stocks, the only source to check how the portfolio was doing was to read the weekend financial section of the newspaper. Back in those days, short term meant a few months. Today, with the help...
Judging from the emails I receive from the public, there are more traders than I expect who pay attention to my commentaries, and therefore, I feel somewhat obligated to provide ongoing guidance, and our course of action. A reader emailed...
Our breakout model finally confirmed the much anticipated BO#4 a few days ago, and alerted us to be aggressive buyers of the gold sector. BO#4 is now confirmed, and there is one more final hurdle, by exceeding resistance at the .60...
In my last special report dated 7/29, I said, "Those in cash remain patient, wait for signals and set ups, and be prepared to be whipsawed a few more times if the signals occur before the major breakout. Conservative folks can simply sit...
My last article "gold stocks are breaking down" has incited a few hate mails from the gold bugs. Some of them wrote to apologize after learning that I've been a gold bull since 2001, and my last sell signal was primarily for hedging since...
Attention: As an analyst and a trader, my job is to analyse and trade. But I have learned to differentiate between the two. I trade on my signals and set ups, not my analysis. Analysis provides the road map so we know where we are going....
We have all witnessed the great rally of gold in the past few months, reaching beyond $700, and then just as quickly, fell to $560 within days, and now we have rebounded, reclaiming 50% of the plunge. Where to from here? We are already...

The first use of gold as money occurred around 700 B.C., when Lydian merchants (western Turkey) produced the first coins

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