Silver Editorials & Commentary

A correction is in progress. 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.

The silver miners’ stocks have had a roller-coaster ride of a year so far.  They surged, plunged, and then started surging again last week on a less-hawkish-than-expected Fed.  Such big volatility has spawned similar outsized swings in sentiment, distorting...

As I noted in my last COTD, there are signs popping up that stocks are about to, or have completed a very mild intermediate cycle low. The vast majority of traders decide to buy (or join the SMT) after most of the move has already happened.

The World Economic Forum consistently ranks Canada's banks among the world's safest. Competent regulators have overseen stress tests, tightened lending standards and delinquency rates are low. Demographics are good and the country's diversified economy is backed by...

The narrative thus far – after decades of allowing themselves to be led in and out of COMEX silver futures contracts by their commercial counterparties, several managed money traders appear to have woken up to the fact they’ve been duped all along. A key component...

In our opinion, speculative short positions are favored (with stop-loss at 2,410, and profit target at 2,200, S&P500 index). Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook remains neutral, following S&P 500...

Mexico’s state oil company, Pemex, is a perfect example of the ongoing collapse in the global oil industry.  Falling oil prices and declining production are putting severe pressure on the company’s financial balance sheet.  It has been four long years since Pemex...

I’ve been watching the herds to try to determine just when the interest rate topic among the best and brightest (as chosen by the media) would start to pivot from ‘rising rates!’ hysterics that have been locked and loaded in the public psyche since the US election...

Tuesday’s downdraft demolished a key S&P support (see inset), implying sellers aren’t through yet. The rare, exhilarating (for bears) selloff also kicked into high gear two options positions we’d acquired hours ahead of the move — one using call options in VXX;...

We’re dealing with many crosscurrents, including a major rally target at 2403.00 that the futures came within six points of achieving three weeks ago. It’s not possible to say with confidence right now whether this feint will prove to have been the elusive Mother of...

Silver looks set to outperform gold again in the coming months due to falling mine supply and continuing robust global demand.

Surveys of both consumers and businesses show there is an extreme level of confidence regarding future GDP growth. Consumer confidence is now at its highest level since 2001. Small and medium-sized business owners, the driving force of growth in the economy, appear...

I like this Crude oil decline…and to date, it has been a picture perfect Cycle’s development.  Members of The Financial Tap were already tracking that expectation in advance, and positioned well to take advantage.  But that big decline, which started on March 7th...

Right now, the coming dip could be a little scary, but shouldn’t amount to much to around 4%. My guess is the first couple of days next week should see a sharp drop, but a buy the dip mentally and seasonal strength should prevail for now. The astros were ripe for a...

Our equity/bond model - This long-term reliable investing model provides investors with simple decision making in the markets:

A silver price correction is in progress. Speculation continues to fall.

Those who don’t like my writing style may already call me boring (or worse), but as far as stock holdings go I willingly take on that description.  If you’re looking for words about yesterday’s FOMC meeting, you won’t find them here.  There are plenty of people...

The silver price has started 2017 on a positive tone, rising by roughly 9 percent since the beginning of the year. The strength of silver prices is largely due to improving sentiment among institutional investors. Changing expectations towards the outlook for U.S....

President Trump was elected on several promises, including one that he would fund tax cuts by cutting public spending. Cynics might note that his first action was to increase spending on the military by $54bn, the equivalent of six Polish armies. This is not a good...

The broad stock market broke above its short-term consolidation yesterday, following Fed's Rate Decision release. The S&P 500 index got close to its early March record high. Will the market resume its medium-term uptrend? There have been no confirmed negative...

Not too long ago this bull market was one of the most hated in history. HOWEVER, that no longer appears to be the case. Throughout the unpopular phase of this bull market, we consistently and much to the dismay of many penguins, oops we mean experts, stated that...

The low oil price continues to wreak financial havoc on the largest oil producer in the Middle East.  While the Mainstream press has published articles forecasting a rebound in Saudi Arabia’s financial outlook, due to higher oil prices this year, it seems like the...

The US stock market today has never been more dangerous and overvalued, according to respected Wall Street market analyst John Hussman.

The stock market has once again entered a period of consolidation as investors wait for the results of the most important legislative decision of the year.  The fight to repeal and replace Obamacare has taken the spotlight as Congress debates the passage of...

This proxy for T-Bonds has quietly slipped into no man’s land with the recent breach of December’s bombed-out lows near 116.80. Even before this occurred, TLT looked like a good bet to fall to at least 111.97, the midpoint Hidden Pivot support of the pattern shown...

In our opinion, speculative short positions are favored (with stop-loss at 2,410, and profit target at 2,200, S&P500 index). Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook remains neutral, following S&P500...

This report marks the end of a series of three big trains of thought. The first explained how we’re living through the Mother Of All Financial Bubbles. The next detailed the Great Wealth Transfer that is now underway, siphoning our wealth into the pockets of an...

Last week’s move in Crude Oil, down over 8.8% was triggered by new “Record High” US inventory data and news that OPEC production cuts are near 85% compliance have prompted a breakdown. We have been expecting a breakout move for a few weeks and suspected production...

The question on the lips of everyone who plans to exchange his metal for dollars—widely thought to be money—is why did silver go down? The price of silver in dollar terms dropped from about 18 bucks to about 17, or about 5 percent.

This week’s Notes From the Rabbit Hole included a little Payrolls/Wages related economic discussion before moving on to the usual coverage of stock markets, commodities, precious metals, bonds, currencies and related indicators and market internals.  With FOMC on...

Speculation has reached a new high and pulled back this week, suggesting lower prices overall going forward.

Current investing model favors equities, therefore, investors should overweigh their portfolios with stocks or stock ETFs for maximum growth.

Just as everyone was finally accepting the idea of deflation and negative interest rates, inflation decides to pay a return visit. In the past day, articles with the following headlines appeared in major publications around the world:

RINF is the symbol for an ETF trading vehicle that tracks inflation expectations. This is of more than passing interest to me, since I’ve been a hard-core deflationist and written on the topic for more than 30 years. RINF has yet to break out on a long-term basis (...

The Silver Market is going to experience a big reversal when the Hedge Funds and Institutional investors rotate out of highly inflated stocks and into precious metals investments.  This is not a matter of if, it’s a matter of when.  And the when, could be much...

The US Money Supply is about to soar. Since general price levels in the US Economy, as measured by the CPI for example, are a direct consequence of Money Supply changes, Americans are in for a bout of high inflation over the next few years.

The market is finally awaking to the fact that the ENTIRE move from November 8, 2016 was based on hype and little else. Yesterday, Crude Oil imploded more than 5% wiping out more than half or its “election” move in a matter of hours.

- What wages in ancient Athens can tell us about the silver price today. - Wages paid in silver in ancient Athens compared to wages today. - Silver massively undervalued compared to the past few thousand years.

Why are we getting such diverging and maddening market messages from the equity and bond markets? Which one is right? Are either right?

Following President Trump’s speech the Dow Jones Industrial Average (Dow) easily broke 21,000, and closed at another all-time high – 21,115. The Dow closed up for the 12th consecutive day on Monday February 27, another three decade record.