Silver Editorials & Commentary

For decades we have known that the time would come when Social Security & Medicare costs would begin a rapid and explosive growth upwards. That time is no longer the distant future - but something that will take place next year, and the year after, and the year...

The market “response” to the Italian referendum – unquestionably, a political, financial, and economic “nuclear bomb” – was as hideously rigged as anything I’ve ever seen. And trust me, the strafing is just starting, given this morning’s news that not only is Bank...

Although COMEX Gold offered no similar encouragement, March Silver’s rally on Monday was strongly impulsive, implying as it has that the futures are a decent bet to reach the 17.295 target within the next 2-3 days. Moreover, if buyers are able to push this vehicle...

Silver was lower in yesterday’s day session reaching 16.56, before recovering to reach a high of 16.95. Importantly, we did not go below the current low of 16.15. In the overnight session silver traded sideways, at the time that this Post as being written.

Trading position (short-term; our opinion): No positions are justified from the risk/reward perspective. On Friday, crude oil gained 1.21% as OPEC deal continued to support the price of the commodity. In this environment, light crude re-approached the Oct high. Will...

Much has been written about this unsustainable bubble in the stock market and the future ramifications of a major crash. We are entering an 80-year +/- cycle where a major crisis war is going to envelop this nation. I believe that war will again be fought in...

In our opinion, speculative short positions are favored (with stop-loss at 2,240, and profit target at 2,060, 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...

Doc Copper has swung wildly since November’s moon shot and seems likely, on the visually evidence of the charts, to attempt another spectacular leap. Assuming the gyrations of the last three weeks have been a consolidation for a follow-through rally, notice that...

Italy Votes No, Renzi Resigns – Potential “Systemic Crisis In Eurozone” Italy’s Prime Minister Matteo Renzi has said he will officially resign Monday, after voters apparently rejected his proposals for constitutional reform. What should investors keep an eye out for...

In May, I wrote an article titled " The OPEC Epoch Is Over - Where Are Oil Prices Headed Now?," which pronounced OPEC officially dead and predicted oil prices would plunge again. So far, I've been wrong about a second perilous plunge in oil prices. However, even as...

The good news is: The Dow Jones Industrial Average (DJIA) hit an all-time high last week. The Negatives: The DJIA hit an all-time high Thursday that was unconfirmed by all of the more broadly based indices and the AD lines. Also another Hindenburg Omen was...

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

Investors need to focus on the two key long term structural changes now underway which are going to ignite destructive global dislocations through early 2020. To better understand why this is going to occur we need to place them in context by first examining the...

Examine the chart of annual silver prices since 1913 on a log scale. The upward trend in silver prices is clear and will continue as long as debt is increasing in our fiat currency system.

The broad stock market retraced some of its recent advance yesterday, as the S&P 500 index broke slightly below 2,200 mark. We still can see technical overbought conditions. Therefore, we continue to maintain our speculative short position (opened on November 16...

In many ways 2016 has been a banner year for US real estate. Housing prices continued to strengthen in several major metropolitan markets and even reached frothy proportions in at least three major markets. Below the surface of an otherwise healthy market, however...

Trading position (short-term; our opinion): No positions are justified from the risk/reward perspective. Crude oil gained 2.21% Monday and came back above $47, but taking a dive Tuesday, confirming that closing the long positions recently and taking profits off the...

“Royal Bank of Scotland (RBS)(RBS.L) will cut costs and sell assets to boost capital levels, it said on Wednesday after failing this year’s Bank of England stress test, which warned of a “challenging” outlook for Britain’s financial system.

Silver was lower in yesterday’s day session and again in the overnight session reaching 16.47, at the time that this post was being written. We are now waiting for confirmation that our second wave ^a^ is complete at the 16.15 low. When our second wave ^a^ ends we...

Trump’s win proves that mainstream Media is in trouble; it is going to be all downhill from here except for the ones that parted ways and tried to provide accurate coverage of what was going on. The crowd will turn increasingly to social media and outlets that focus...

If the market has finally experienced a peak in world silver production, this warns of higher prices in the future. In addition, the global silver market suffered another large net supply deficit in 2016. These factors point to a big upcoming trend change in the...

The previous chart showed a rally target of moderate importance at 2250.00 derived from a low recorded on November 9. Here’s an alternative target at 2240.50 that comes from a larger pattern (see inset). There is yet one more target at 2299.00 that is also in play...

The broad stock market continued its long-term uptrend on Friday, as the S&P 500 index reached new all-time high above 2,200 mark. We still can see technical overbought conditions. Therefore, we continue to maintain our speculative short position (opened on...

Economic policy is subject to fads and fashions. The most recent economic-policy fad is public infrastructure. Its advocates include progressives on the “left” – like President Obama, Hillary Clinton, and Bernie Sanders – and populists on the “right” – like...

Not just the euro, but the entire European Union may be in jeopardy next week when the Italians vote on a constitutional referendum initiated by Prime Minister, Matteo Renzi.

Everything you look for in a bull market is happening to extremes…except bonds which are at extremes in the other direction. I expect the major averages to be higher on Friday December 2 than they were on Friday November 25.

Current investing model continues to favor bonds over equities, therefore, investors should continue to overweigh their portfolios with bonds over stocks for safety and better return. But that can change at the end of this month as the long term model may reverse....

Why, did you know that in a note to clients Tom Lee wrote that Donald Trump’s term could usher in major bull market akin to those preceded by Ike and Reagan? He did, in a note to clients and the MSM really wants you to know about it!

The silver miners recently finished reporting their third-quarter results, offering a hard fundamental look into this sector.  This reality check is valuable given the fierce winds of bearish sentiment buffeting silver stocks in recent months.  Despite their huge...

We began writing on the War On Cash some time ago, when it was still just a theoretical ploy that we believed banks and governments were likely to employ as their economic adventurism continued to unravel.

India, Uruguay, Australia and now Spain. The Minister of Finance and Public Service, Cristóbal Montoro has reportedly just announced “anticipated measures in order to ‘reduce the use of cash.’ In other words, Spain is going to make cash transactions even more...

The financial end of the world in economic apocalypse is here. A funny thing happened on the road to recovery: Trump’s chief strategist admitted his view of the Trumpian future looks like the Great Depression.

Trading position (short-term; our opinion): Long positions (with a stop-loss order at $41.39 and initial upside target at $49.53) are justified from the risk/reward perspective. On Friday, crude oil moved higher once again as optimism over an OPEC deal to limit...

For years I have calmly, patiently, and for the most part rationally, listened to friends, family, patients, and colleagues grapple with the notion of precious metals. The majority understand the basic reasons why some portion of portfolio allocation is necessary or...

We’ve been using a downside target of 16.350, but if support at that Hidden Pivot fails, we’d be looking at more slippage to at least 16.165 over the near term. That’s the midpoint Hidden Pivot support of the pattern shown, and as you can see, a decisive breach...

Silver had actually broken down from its uptrend at the time of last update, and well before the US election. However, it was thought to look positive going into the election, because it was ascending off an important support level and from a rising 200-day moving...

All of the right things are happening for a bull market. New highs are increasing, new lows are decreasing and the secondaries are stronger than the blue chips. The only problem I see is downside volume, which has remained persistently high.

Current investing model continues to favor bonds over equities, therefore, investors should continue to overweigh their portfolios with bonds over stocks for safety and better return.

There is as yet insufficient evidence to speculate on whether copper’s impressive post-election leap will turn into a belly flop, or instead prove to be the booster stage of a much bigger rally. Whichever is the case — and I strongly doubt there will be any in-...

2015 was a terrible year for oil and it looked like 2106 would even worse; oil dipped below $30.00 and all cockroaches (oops we mean analysts) started to state $10.00 oil was next. When we heard this nonsense, we penned about whether the crude oil price crash...