Silver Editorials & Commentary

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...

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 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...

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)....

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...

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.

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 –...

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.

Inflation is theft. It is a simple concept that a single mother and a retiree understand…but a PhD in Keynesian Economics probably does not. Examples: In 1971 take $1,000 in crisp new $20 bills and place them in a safe while watching President Nixon blame...

The stock market’s buoyant behavior is bizarre considering the dicey state of the US economy, the threat of war in the Middle-East, and an election campaign that has unsettled Americans as never before.

Every few months there is some nonsensical headline that is passed off as news when it should be relegated to the rubbish bin of time. Sometimes it is high oil price that is not good for the market, and then on other occasions, we hear that low oil prices are not...

Trading position (short-term; our opinion): No positions are justified from the risk/reward perspective. In other words, we think that taking profits off the table and closing the previous long positions is a good idea. On Tuesday, crude oil gave some of earlier...

We could sum it up in two words as to why earnings recession was, is and will be a non-event; Hot Money. However, for some strange reason when it comes to the markets, individuals happen to love long explanations even though in most cases the long answers reveal a...

The annual Conservative Party conference commenced last Sunday, and the media focus was mostly about the Government’s stance on Brexit. This is hardly surprising, because Mrs May is being secretive, avoiding stoking a public spat with the EU by negotiating in public...

I know it’s bad form to express sympathy for the people running the world’s central banks. But come on, they’re human beings in an impossible spot with no idea how to escape. The pain they feel is both intense and legitimate, and we should respond with at least a...

A financial system stability assessment report from the International Monetary Fund (IMF), about one bank in Europe identified Deutsche Bank AG (NYSE: DB) as the TOP bank that poses the greatest systemic risk to the global financial system. Systemic risk was...

In 262 AD, plans were being put in place to celebrate the “decennalia” (10 years on the throne) of Roman emperor Gallienus. The following excerpt from the fourth book in Harry Sidebottom’s “Warrior of Rome” series is part of a discussion between Gallienus and his...

Last week, it was the Fed’s magic boosting up the price of silver. This week, the slow slide in the silver price resumed, going all week except during peak fear about the woes of Deutsche Bank. When it looked bleakest—and the potential size of the capital-eating...

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.

Certainly, any attempt to identify the most serious current financial scandal involves stiff competition and the need for objective measurement. Scandals have become almost commonplace and come in all varieties and sizes and vary in the degree of publicity they...

After rocketing higher mid-year, silver has spent most of the third quarter drifting sideways to lower. This has naturally weighed on sentiment, with investors and speculators alike growing more bearish during recent months. Yet silver remains way undervalued...

The transports topped out in November of 2014, and according to the Dow theory this is a big negative; the Dow industrials should have followed suit. Instead, the Dow soared higher paying no heed to this theory proving to a large degree that this theory has lost...

This title comes from a comment on Ted Butler's undisputed claim of JP Morgan's accumulation of upwards of 500 million ounces of physical silver (or nearly 11,000 tons) over the last four to five years.

The broad stock market slightly extended its short-term uptrend yesterday. Is this a new medium-term uptrend or just upward correction? We still continue to maintain our speculative short position (opened on July 18th at 2,162, S&P500 index). Stop-loss level is...

The potential collapse of Deutsche Bank and the systemic risk it poses to banks and the European financial and monetary system moved into the German political sphere yesterday. The German government denied it was preparing a rescue of the embattled bank and the...

What is little appreciated today is that the Humphrey Hawkins Full Employment Act in 1978 assisted in “birthing” Financial Repression and placing us firmly on the Monetary policy path the Federal Reserve is presently imprisoned by.

Silver continues to be weak when compared to gold. Silver was a little lower in yesterday’s early session reaching 19.43 - and in the overnight session, we held around those levels at the time that this post was being written.

Productivity and economic growth continue to surprise on the downside in most countries. While there is a great deal of handwringing over the so-called productivity puzzle, little attention is given to the real elixir: freer markets and more competition. Indeed, the...

If you are asking the above question then your understanding of economics is sadly lacking or you are trying to mislead. The Fed will never be completely out of monetary ammunition, because there is no limit to how much new money the central bank can create. The Fed...

Calling Wall Street’s banks stupid and dangerous is like calling the sun “big and warm.” It’s a clear understatement of an obvious fact. The same goes for calling Japan and China economically clueless. Their actions pretty much guarantee that they’ll ultimately...

the broad stock market retraced some of its recent move up on Friday, as the S&P 500 index bounced off resistance level. There have been no confirmed negative signals so far. However, we continue to maintain our speculative short position (opened on July 18th at...

It’s early Monday morning, on what could not only be a historically bad week for global financial markets, but the “beginning of the end” of the manipulated worldwide perception that “everything’s OK.” Most of the world’s 7.4 billion denizens know this already,...

The Bank of Japan gave us a glimpse as to just how far down the rabbit hole we may have to follow global policy makers as we try to make sense of ever more complex and shall we say, innovative ‘tools’ being used in the effort to engineer individual economies and...

The Good News Is: The NASDAQ composite (OTC) closed at an all-time high last Thursday. The Negatives: New highs failed to confirm last week’s rally. The first chart covers the past 6 months showing the S&P 500 (SPX) in red and a 10% trend (19 day EMA) of NYSE...

The trading day just ended on what may be the penultimate week of “normalcy” for generations to come. Frankly, I have never been more scared, as the certainty of my views has never been more powerful.