Silver Editorials & Commentary

The last week of June was quite weak as the stock market continued the downward momentum from the 3rd week by grinding down into the major weekly trending support zone around 2700-2720 on the Emini S&P 500 (ES) for the backtest. 

Silver is running out of time and space (see chart) to decide where it will go over the next months and years. The similarity of conditions to the early 80s suggests that silver could go into a multi-year bear market or continue its bull market:

One of the things giving “data-driven” central banks wiggle room on their pledge to tighten monetary policy is the fact there are several definitions of inflation. In the US the thing most people think of as inflation is the consumer price index, or CPI, which is...

Large metals speculators reduced their bullish net positions are reflected in in SILVER PRICES markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

Our equity/bond model - This long-term reliable investing model provides investors with simple decision making in the markets: When the model favors stocks, investors should overweigh in equities for maximum growth.

Silver is on a major buy signal since early 2016. SLV is on short-term sell signal. COT data is favorable for overall higher prices.

The lofty US stock markets remain riddled with euphoria and complacency, fueled by an exceptional bull. Investors believe downside risks are trivial, despite long years of epic central-bank easing catapulting valuations to dangerous bull-slaying extremes. This has...

First I said I believed the US stock market would plunge in January, but I also said that January would not be the biggest drop, but just the first plunge that begins a global economic collapse: the big trouble for the economy and the stock market, I said, would...

The article titled “Silver’s Critical Role In Electrification May Fuel Its Rise” contains some interesting comments about the silver market, but with one minor exception the information presented in this article has no bearing on silver’s risk/reward as a...

What is a "crypto-currency"? What are Bitcoins and all the rest of the crypto-currency pack? They are digits on computers, and nothing more. What is "a digit on a computer"? The definition would seem to run along the lines of "an electric charge in a computer memory...

To understand the consequences of the credit cycle, we must dismiss pure opinion, and examine the evidence rationally. This article assesses the fate of the dollar on the next credit crisis, a subject of increasing topicality. It concludes that the late stage of the...

We can find many opinions stating crude oil and gasoline prices will rise… and fall. Let’s discuss. Correlate the weekly prices of wholesale gasoline and crude oil over 30 years. The correlation is 0.987—near perfect. Rising or falling gasoline prices will follow...

If there were any doubts that the Chinese stock market had entered a bear market, these were dispelled by the breach of key support at 3000 and plunge last week, which we can see to advantage on the 6-month chart for the Shanghai Composite index shown below.

Those key levels were $7075 and $505, the May 28 lows. And, while it did bring bitcoin down hard, we’ve seen very little decline in ethereum. I had suggested in previous writings and on my Korelin Report discussions that we’ve seen some fledgling signs of decoupling...

Being huge, consequential and technologically advanced, China isn’t normally lumped into the “emerging” category with Brazil and Argentina. To most observers they’ve already left the kids table and are now seated with the developed-world adults.

Monday was a fairly fast-paced trading day. It started with Sunday night weakness at around 2740 in the Emini S&P500 that continued into the regular trading hours. Essentially, the bears accelerated the downside flush by piercing below last week’s 2735.75 level...

Silver is on a major buy signal since early 2016. SLV is on short-term sell signal. COT data is favorable for overall higher prices.

Our benchmark S&P500 is on a major buy signal. New money should wait for a correction and cycle bottom to accumulate for long-term holding. Oil sector is on a major sell signal.

After another negative press release this morning, the major cryptocurrencies fell towards crucial support levels.  According to a Zerohedge article, quoting CNBC, Japan’s chief regulator launched a probe of crypto-exchanges, prompting the largest to halt new...

Home prices are still rising pretty much everywhere in the US, with California as usual leading the way. State-wide, the median CA home is now above $600,000, up 9% year over year. In San Francisco County, homebuyers are paying an average of 18% above the asking...

Credit Excess - US companies are gorging on debt. Never before has so much debt been issued by the corporate sector on such a consistent basis. Since 2011, US companies have accelerated their issuance of corporate bonds to over $1.3 trillion per annum. Record low...

Conventional wisdom is that an inversion of the yield curve (short-term interest rates moving above long-term interest rates) signals that a recession is coming, but this is only true to the extent that a recession is always coming. A reversal in the yield curve...

The Western media was incredulous. The Donald had disregarded diplomacy, scuttled out of the G7 meeting in Canada without endorsing the G7 agreement, and ended up shaking hands with a previously avowed enemy in Singapore.

The relationship between silver and the Dow Index is such that significant Dow Index peaks are often followed by significant silver rallies. It is for this reason that silver can provide a great opportunity to bank Dow profits and even grow them much bigger.

Although the broad averages have risen sharply in each of the last three sessions, none of these short-squeeze lollapaloozas has recouped the even bigger losses sustained earlier in the day. Do we detect a pattern here? The biztainment media seem to wax enthusiastic...

Europe is frequently held up as an example of how the rest of the world should behave on a variety of issues. But this comparison misses at least two things: First, “Europe” is actually a lot of different countries in a lot of different situations. Second, much of...

Index futures are getting pummeled for the second straight night, supposedly because of heightened tariff fears. How is it that these fears lay dormant throughout Monday’s boring session, only to resurface like Kilauea lava during off-hours trading? As a former...

Oil prices are up over the past year, which is bad if you’re, say, a developing country that imports a lot of the stuff. But the US dollar (aka the petrodollar) is also up, which compounds the problem because oil is priced in dollars. So Brazil, for instance, finds...

The second week of June was fairly uneventful as the market did its typical stallfest/shakefest fluctuations against a major level of 2800 from the March high region.  Essentially, the market reached a high of 2794.25 intraday on Monday (Jun 11) on the Emini S&P...

We have been writing about capital destruction. This week let’s look at an event which is currently making news. Social Security will begin tapping into its trust fund this year. This happens, as the Social Security Board of Trustees states antiseptically, “four...

In light of the developing trade war between the US and China, let’s review the all-important Semiconductor sector and in particular, the Semi Equipment segment, which is a key economic early bird (and canary in a coal mine).

In articles starting in April I discussed the bullish impulse we had seen off the April lows for nearly every coin I track. And, I discussed how the lows on May 28 were testing levels that, if broken, threatened the continuation of that impulse.

Silver is on a major buy signal since early 2016. Major signals can last for months and years and are suitable for long-term investors. SLV is on short-term buy signal. Short term signals can last for days to weeks and are more suitable for traders.

Our equity/bond model - This long-term reliable investing model provides investors with simple decision making in the markets: When the model favors stocks, investors should overweigh in equities for maximum growth. When the model favors bonds, investors should ...

Here are today's videos and charts.

– Bitcoin price in one year (June 2019)? – Bitcoin at $10,000 is the call of majority of MoneyConf poll participants. – Bears see bitcoin at $0 while uber bulls see $100k/$1m (incl. Max Keiser). – Is binary and “bitcoin will likely go to zero or go much higher” – “...

Here’s one for the Clueless Regulator Hall of Fame: Corporate executives are using stock buybacks to pad their own compensation, according to SEC official. (CNBC) – Share buybacks have surged since the Republican-backed tax bill made it through Congress in December...

President Lyndon Johnson: In 1965, after decades of excessive government expenditures which caused rising consumer price inflation and rising gold and silver prices, Johnson removed silver from U.S. coins. He stated,

When was the last time you set foot in the bank? What is the future for fintech startups? Unbundling and disruption wins. What is the fintech hub to watch in 2019?

About three or four weeks ago TSLA was getting a lot of negative feedback from the fundamentals perspective, so I showed some charts from the Chartology perspective to see how things would play. Would the fundamentals win out or would the Chartology win.