2106 started with all the Drs. of Gloom stating that oil was heading lower. Moreover, many even predicted it would trade down to $10/bbl. It was kind of interesting to watch this circus as there is a saying the cure for low prices is usually low prices
Silver Editorials & Commentary
Read the latest silver market commentary, editorials, essays and reports about investments and trends in the silver market and the economy in general.
October 28, 2016
Recently, The U.S. Treasury ramped up war games via financial sanctions aimed at Russia. The EU is part and parcel to the operation. These interventions are a continuation of the age old warfare referred to as the “currency wars”. Jim Rickards’ recent book on the...
Get your free copy of this detailed 54 page Silver Investing Guide. Inside this comprehensive guide, you'll discover: what drove silver's historic surge, the gold/silver ratio strategy that delivered exceptional returns, why analysts forecast prices well into the hundreds, the 5-year supply crisis, how to invest after a major rally, and more. Read More.
October 27, 2016
More than 40 million young Americans carry federal and private student loan debt – amounting to over $1 trillion. Defaults are on the rise and the issue has grown to become a nasty wealth transfer mechanism, as well as sad example of the failure of finance in...
In our opinion, speculative short positions are favored (with stop-loss at 2,210, and profit target at 2,050, S&P500 index). Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook is neutral, following S&P500 index...
October 26, 2016
For much of the second half of the 20th Century, and even into the new millennium, "Globalization" was the dominant theme used to describe the drift of the world economy. It was widely considered both natural and inevitable that the world economy would continue to...
Our financial systems create exponential increases in: Debt, Prices for stocks, Prices for commodities, Currency in circulation, Prices for gold and silver.
October 25, 2016
Silver rallied to 17.89 in yesterday’s day session and then moved lower to each 17.51. In the overnight session silver was higher and has reached a high of 17.80, at the time that this Post was being written.
Trading position (short-term; our opinion): Short positions (with a stop-loss order at $53.22 and initial price target at $46) are justified from the risk/reward perspective. On Friday, crude oil gained 0.43% after Russia renewed its commitment to joining a...
The accumulation of Debt, at its very essence, is simply borrowing consumption from the future. And this is true on any level of debt, be it either public or private. Just as savings is deferred consumption, the exact opposite is true for debt. Therefore, it can...
October 24, 2016
The financial crisis of 2008 scarred many, many individuals. Add in the Great Recession, and one can see how the average investor can come up with many reasons to avoid the stock market. To make matters worse, the unemployment rate remains stubbornly high, and wages...
The Telegraph’s Ambrose Evans Pritchard reports that “the risk of a US recession next year is rising fast” and that “the Federal Reserve has no margin for error”.
About every 20 weeks or so there is usually a noticeable sell-off in the stock market. We had the October 15, 2014 low followed 20 weeks later, in mid-March, 2015 by a low, which was followed in late August (the 24th) by that low. Then roughly five months later...
October 22, 2016
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.
The central bankers are capable of achieving many extraordinary results but not all economic and financial problems can be solved by central bankers. Central Bankers for example have the power to solve liquidity issues, but it is impossible for them to solve...
October 21, 2016
As gold and silver step back slightly to sit and wait for US economic data to be released later today we bring you news of the US Mint Silver Eagle demand that has ‘Returned with a Vengeance’ as reported by silverseek.com.
As we await the end of this silver correction, it is appropriate to stand back and look at the bigger picture. To that end, take a look at this chart which shows silver’s Bollinger bands, but in particular the midline which is also the 20-month moving average.
October 20, 2016
the broad stock market slightly extended its short-term move up yesterday, as the S&P500 index got close to resistance level of 2,150. It still looks like a consolidation following recent move down. Therefore, we continue to maintain our speculative short...
October 19, 2016
US Mint Silver Eagle sales surged in the first half of October due to increased turmoil in the political system and economic markets. Silver Eagle sales were strong in the first five months of the year, but weakened in the summer due to several factors.
School districts are notoriously short of funding – so short that some California districts have succumbed to Capital Appreciation Bonds that will cost taxpayers as much is 10 to 15 times principal by the time they are paid off.
October 18, 2016
Absurdities continue in the world of derivative or electronic or paper silver. In what will someday be viewed as the monumental public relations miracle that it is, the silver fix has been transplanted into just another body riddled with cancer.
It is an election year. We should anticipate 8 years of upcoming trauma, following nearly 8 years of “hope and change,” after 8 years of “no nation building,” after 8 years of “I did not have sexual relations with that woman.”
Silver was also higher in yesterday’s day session and again in the overnight session reaching 17.71, at the time that this Post was being written. Silver does not have the bearish triangle formation within its Intraday Chart. Moreover, a break above the 17.85 high...
This post is intended to remind you that this case is not about the present. Moreover, it's also not about the $38MM dollars.
October 17, 2016
We should now begin to see a drop in WTI over the next couple of months and into 2017. So far the last few weeks have been as forecast and the next down phase we have been modelling for months is now due.
I just have to say something about platinum here, particularly as it relates to stock market corrections. The reason I bring this up is because of the steep losses platinum has recorded recently relative to other precious metals. Does everyone remember the steep...
The Central Bankers have clearly painted themselves into a corner as a result of their self-inflicted, extended period of “cheap money”. Their policies have fostered malinvestment , excessive leverage and a speculative casino approach to investments. Investors...
David McWilliams has pointed out in two of his most recent articles how Budget 2017 and the latest mortgage tax grant risk creating a “second property crash”:
When I mean crash, I mean about an 11-14% stock market panic in a few days. The astro is there, the e-wave is there and so are the cycles and chart formation (plus some technical information like the MACD daily below the zero line).
October 16, 2016
Though no one can foretell the future, it is self-evident that the status quo—dependent as it is on cheap oil and fast-expanding debt—is unsustainable. So what will trigger the collapse of the status quo, and what lies beyond when the current arrangements break down...
October 15, 2016
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.
October 14, 2016
The king of base metals is in big trouble as indicators point to a breakdown of the global copper industry. This goes well beyond the typical “slowdown” or “downturn” in the copper market. Instead, we are going to witness what I refer to as “Copper Industry...
October 13, 2016
Share buybacks are nothing new; they have been around for decades, and in most cases, one would view this type of action under a favourable light. However, for the past few years, companies have used this technique as a ploy to hide stagnating earnings or even...
The broad stock market fluctuated yesterday, following its recent decline. For now, it looks like a flat correction within a short-term downtrend. Therefore, we continue to maintain our speculative short position (opened on July 18th at 2,162, S&P500 index)....
October 12, 2016
How exhilarating! Just when bears were ready to throw in the towel after nearly three weeks of asphyxiating tedium, stocks swan-dived Tuesday into what we can only hope is an unfathomable abyss. The S&Ps were down almost 35 points at their lows, and although a...
Though the Samsung Galaxy Note 7 battery problem is presently receiving a tremendous amount of media and public attention, what few appreciate is that it is only the tip of the iceberg of cracks in the global supply chained as a result of unintended consequences of...
We live in a world where the yield-starved and tech-savvy conspire in the basement of the underground and unaccounted. While the rise of Bitcoin and the explosion of alternative currencies may become the new scapegoat of behavioral finance, there is nothing quite...
October 11, 2016
Silver reached a high 17.85 in yesterday’s day session. in the overnight session we reached a low of 17.48…at the time that this Post was being written. We have now satisfied the minimum requirements for a completed wave .ii. and are now looking for confirmation...
Anyone with rudimentary knowledge of good economic theory can explain why government price controls are a bad idea. It boils down to the fact that the optimum price is the price that naturally balances supply and demand, and to the related fact that forcing the...
The news that flows from the Mainstream media continues to delude Americans from understanding the reality and disaster that is heading our way. A perfect example of this took place last week when a small oil company announced a new huge oil discovery in Alaska.
October 10, 2016
240 years ago Adam Smith wrote “The Wealth of Nations.” Largely, he described what he observed in the Economy, and provided a reasonable explanation. For example, Pigs. He observed that the production of pigs fluctuated, as did the price of pork. His explanation –...












