Silver Editorials & Commentary

The US dollar is not likely to be displaced as the world reserve currency by another country's currency, financial writer Charles Hugh Smith argues this week, because no other country has an economy large enough to support a reserve currency and the willingness to...

Talk is cheap, never more so than when it comes from the mouths of the charlatans and quacks who run the Federal Reserve. Their latest “plan” is to start selling assets from the Fed’s $4.5 trillion balance sheet in October; tightening perhaps 25 basis before 2018;...

The low oil price is negatively impacting another OPEC oil exporter as it continues to liquidate its foreign exchange reserves.  Algeria, like Saudi Arabia, has seen its international reserves plummet by more than 40% as the oil price fell in half since 2014.

Suppose the hypothetical American family has $200,000 in credit card and mortgage debt. Income is approximately $40,000 per year. Assume annual credit card and mortgage interest rates average 8%. The interest only on the debt is nearly half the annual income, before...

As Hurricanes Harvey and Irma wreaked their havoc over the past couple of weeks, several interconnected questions popped up, the answers to which make us look, to put it bluntly, like idiots.

In a 2015 blog post titled “Unintended Consequences” I explained that policies implemented by the Clinton and Bush administrations to boost the rate of home ownership not only had unintended consequences, but the opposite of the intended consequence. This post is a...

The price of spot silver is trying really hard to break a long-term downtrend line, which would arguably be a bullish development if the breakout succeeds. But the big-money “commercial” traders of silver futures are betting heavily on a failure of that breakout...

Botanists and farmers have known for centuries that plants and vegetables absorb nutrients and other substances from the soil. One variety of rice in particular is adept at accumulating naturally occurring silver at high levels, and this phenomenon is causing...

With the hurricanes over, the cameras have moved away to focus on something else. Yet it is what happens afterwards that is more important. Surprisingly, the death toll was not that high, estimated currently at around 81 including deaths in the Caribbean islands....

If I have funds in a bank account, I know that I have a certain amount of fiat money available in that account, upon which I can draw more or less freely, according to the nature of the contract between myself and the Bank. The value of my account depends upon the...

Recently, there was a debate in the Mexican Congress on the proposal to monetize the Silver Libertad Coin.  The debate took place during a forum for “The Promotion of Savings for Mexicans.”  If Mexico decided to monetize its Silver Libertad Coin, it could have a...

Oil sector is on a major sell signal. Investors should wait for the next major buy signal.

Silver is on a major buy signal since early 2016. Long-term – on major buy signal. Short-term – on buy signal. Looking for overall higher prices.

For what seems like decades, other countries have been tiptoeing away from their dependence on the US dollar. China, Russia, and India have cut deals in which they agree to accept each others’ currencies for bi-lateral trade while Europe, obviously, designed the...

Since the warning about Cryptos was posted on the site over a week ago, entitled The Cryptocrash and Gold, Cryptos have plunged about 30% and more still if you factor in overnight losses, not helped of course by the expected development of China banning them. So now...

I had not planned on penning a public article today but my plans were changed by Martin Armstrong as he again is busy attempting to rewrite history.  He is again trying to scare people away from their only financial hurricane insurance, gold ...why?  Any thinking...

The oil-rich country of Venezuela has stopped accepting the U.S. Dollar as payment for oil. Last week President Maduro warned that the country would this week ‘free’ itself from the US dollar.

The US Government’s massive one-day debt increase had a profound impact on the amount of money it will have to fork over just to service its interest payment.  On Friday, Sept 9th, the U.S. Treasury increased the total debt by a stunning $318 billion.  Thus, the...

Okay, so I don’t have grandchildren yet, but I want to increase the odds you read beyond the title if you are old enough to have grandchildren. Should the investment advice we give to someone young truly be different from that given to someone old? And given where...

The only resistance left is the psychological resistance of the round number 2500. If the SPX cuts right through that level then it should be game on for the vertical phase of the bubble.

Following the events of yesterday, it seems wise this morning to take an in-depth look at the charts in order to discern what moves The Banks may take next in the hope of stemming this rally and reversing the trends.

British people have suddenly stopped buying cars. It’s not clear why. But a number of anti-car trends have hit Britain simultaneously — such as the rise of Uber and a decline in household savings — driving down car sales.

On its long-term 10-year chart silver superficially looks like it may still be in a bear market, but on more careful inspection we can see that a large Head-and-Shoulders bottom pattern is completing, which is tilted compared to the similar pattern that is ...

Bitcoin is often promoted as the antidote to the madness of fiat irredeemable currencies. It is also promoted as the replacement. Bitcoin is promoted not only as money, but the future money, and our monetary future.

It’s about time that I share with you all a little secret.  The situation in the markets is much worse than you realize.  While that may sound like someone who has been crying “wolf” for the past several years, in all honesty, the public has no idea just how dire...

Our equity/bond model - This long-term reliable investing model provides investors with simple decision making in the markets: Our benchmark S&P500 is on a major buy signal.

Silver is on a major buy signal since early 2016. Long-term – on major buy signal. Short-term – on buy signal. Looking for overall higher prices.

Poor, spoiled, disadvantaged Millennials. The myth of the underdog youngster has been going around in the media for years. He’s the poor schmuck who at age 32 still hunkers down in Mom and Dad’s basement because his post-graduate education only fetches him a...

Manufacturing output continues to improve, even though the number of manufacturing jobs in the U.S. continues to decline and this trend will not stop. While some Jobs have gone overseas, the new trend suggests that automation has eliminated and will continue to...

Two years ago, I found a satisfactory solution to Gibson’s paradox. The paradox is important, because it demonstrated that between 1750-1930, interest rates in Britain correlated with the general price level, and had no correlation with the rate of price inflation...

In grade school, I had a classmate named Craig McVeigh who was easily one of the most maligned kids in the school because as a big lad standing a full hand width taller than anyone and weighing thirty pounds more than anyone, he was never allowed to play in any...

Sometimes I like to trot these lumbering monthlies out so we can quiet everything down in order to see where various markets are slowly heading. First of all, as I go down with my ‘strengthening US dollar’ ship*, I also mal-projected copper’s upside. I’d felt that $...

The current price behavior of gold is providing us a potential opportunity to see the rubber band theory in action. Price is stretched far above the 50 dma and due for a snap back in the direction of this average. This video discusses several strategies that are...

One of the uncertainties with cryptocurrencies has always been how governments would react once bitcoin and its kin got big enough to actually threaten the monopolies of national fiat currencies.

Many pundits associate higher copper prices with inflation. While this is true to a degree, that is the wrong metric to focus on. Higher copper prices are usually associated with an improving economy. For the past few years, Copper which is a leading indicator did...

The Fed started hacking interest rates in 2007 and QE3 ended in October 2014.  This 7-year period of extraordinary ease, and the nearly 3-year upswing since, has been a difficult time for many market contrarians and so called ‘bears’. 

An ICO – “unregulated issuances of cryptocoins where investors can raise money in bitcoin or other [cryptocurrencies]” - Financial Times. Just as you thought you were getting your head around bitcoin and all the other hundreds of cryptocurrencies out there, the...

“I don’t believe we will see another financial crisis in our lifetime.” -Janet Yellen, Fed Chair, June 27, 2017. Oh, Janet. We hope you are right. One should never say never—that has a nasty habit of coming back to bite you.

The long base pattern in silver continues with positive price / volume action of recent weeks suggesting that it is approaching completion. On its 10-year chart we can see the giant Head-and-Shoulders bottom pattern that has formed in silver, which parallels the one...

Long-term – on major buy signal. Short-term – on buy signal. Looking for overall higher prices.