Silver Editorials & Commentary

I tracked the 4/8 TD lows and they point to 3:45 PM EDT Friday for the expected low+/-. Friday is the 32 TD low +1. It is also close enough to the 35 TD low due Tuesday next week (35-2). This would then thrust the market up for 4 to 5 TD's based on the minimum...

The US created a Strategic Petroleum Reserve in 1975, after the Arab oil embargo (and a stupid US rationing scheme) caused supply disruptions. Today, this reserve holds only a little over one month’s of oil usage.

The silver bull is back. After five long frustrating years of price smashes, followed by one failed rally attempt after another, silver prices have decisively broken out to the upside. The question facing precious metals investors now is: How sustainable is the...

The silver price and the US Dollar/South African Rand exchange rate (USD/ZAR) have a very interesting relationship that goes back a long way.

In the course of writing a newsletter on silver and seeking new angles on the metal, it is necessary to maintain a wide array of datasets. Some of these I update on a weekly and monthly basis for subscribers, but I thought I would update one that gives us the very...

It’s early Tuesday – and as I said in my first official Tweet this morning, don’t count on the “summer doldrums” lasting too long. Particularly in the case of Precious Metals, if you believe a blatantly “BS NFP Report,” defying every other piece of economic data,...

Silver has formed what is believed to be an intermediate top over the past five weeks or so. Consequently, it should soon start to consolidate from this resistance level.

Silver was also quiet in yesterday’s morning session and also in the overnight session (at the time that this Post was being written). On the Intraday Chart we do NOT see an impulsive wave structure coming out of the 19.59 low, which suggests one more drop below the...

Non-farm private payrolls for July came in with a surprise 43,000 larger increase than expected. Including new government jobs, the number reported was 75,000 larger than expected. But, can we really believe the numbers?

This weekend, a reader emphatically tried to convince me oil prices were bottoming, as the “best cure for low prices is low prices.” His argument covered every possible angle, from fundamental to “technical”; assuming, generally speaking, that the historic supply...

Coming up we’ll hear a fantastic interview with Keith Neumeyer, CEO of First Majestic Silver Corp. Keith gives an insider’s take on the tremendous and unsustainable imbalance that exists between the available mine supply of silver compared to gold and what it likely...

The price of gold was down about fifteen Federal Reserve Notes this week. The price of silver was down sixty-two copper-plated zinc pennies. Is the Federal Reserve Note a suitable instrument with which to measure gold? Can one really use debased pennies—which aren’t...

All the cycles that I follow are topping for the stock market. In fact, ideally, the SPX should top on Monday 8/8 near 2189. I believe we see 1972 by September 1. The week ahead should see weakness after initial strength. A rally on Thursday should be the “b” wave...

SPX Long-term trend: The long-term trend is up but weakening. Potential final phase of bull market. SPX Intermediate trend: The uptrend from 1810 continues. Analysis of the short-term trend is done on a daily basis with the help of hourly charts. It is an...

The good news is: New highs are strong, new lows are minimal and the secondaries are outperforming the blue chips. The Negatives: The market is overbought. The positives: New highs have been holding at comfortable levels and new lows have remained at insignificant...

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

To better understand the consequences of the British referendum, it is necessary to figure out the reasons behind the Brexit vote. We all know that David Cameron organized the plebiscite just to resolve internal disputes and end the divisions within the Conservative...

We are told Monetary Policy is all about staving off recession and stimulating economic growth. However, not only is monetary debasement in any form counterproductive and destroys the personal wealth of the masses, but the economists who devised today’s monetarism...

Despite months of fear mongering by former Prime Minister David Cameron and his allies in late June, accompanied by doomsday global economic forecasts offered by the International Monetary Fund and the Obama Administration and a steady drumbeat of anti-Brexit news...

Silver was higher in the overnight session, reaching 20.88 at the time that this Post was being written. We are now moving higher in wave !v!, which has a minimum target of 21.23, which is the wave !iii! high.

The most recent batch of economic stats was even more disappointing than usual, resulting in a cliff dive for the Atlanta Fed's GDPNow US growth report:

Silver kangaroo coins have seen sales surge to over 10 million coins, which is double the expected demand for the year.

Oil yesterday plunged quickly below $40 per barrel, taking oil prices down more than 20% from their high a little over a month ago. That officially defines a bear market in oil. As of today, oil has also moved below its 50-day, 100-day and 200-day moving averages....

My biggest concern regarding the last low on June 27th was the fact that the Dow Index did not make an intervening high on June 8 as the SPX did. This means Dow Index likely to finished wave Y on July 14th AND June 8th was NOT wave Y of an XYZ bull flag for the SPX...

It is one thing to see trouble developing in the credit markets and it is something else to conclude that the consequence of the trend is calamity. That's the term the establishment used described the 2008 "unpredicted" contraction.

The US Dollar Index price action has played out exactly as forecast in recent subscriber analysis. That analysis reduced the price expectation for the bear rally. To be sure the recent high of 97.62 was a bingo hit.

The good news is: The blue chip indices finished the week at or near their all time highs and the secondaries have been outperforming the blue chips. The Negatives: The market is overbought and new lows have been creeping up a little.

Current investing model favors bonds over equities, therefore, investors should overweigh their portfolios with bonds over stocks for safety.

Regarding today’s news, the average person is inundated with unnecessary junk. On any given day you will find experts telling you why the markets are destined to soar and or crash. News outlets are desperate for eyeballs, so they are going out of their way to make...

Casey Research founder Doug Casey shared his thoughts on the Brexit. Today, in part two, he lays out the major trends the Brexit will accelerate…and explains how you can set yourself up to profit from them…

Despite short-term memory loss affecting most investors, asset bubbles tend to crash with a vengeance. From over-valuation, risk ignorance, and reactionary sentiment, the current bubble-trifecta shows signs of turning over.

The broad stock market extends remains within a short-term consolidation following recent rally. The S&P500 index continues to trade along its new record high of 2,175.63. We still can see short-term overbought conditions accompanied by bearish technical...

In the sound money community it’s generally understood that abandoning the last vestige of the gold standard in 1971 gave major countries effectively-unlimited credit cards – which corrupted them irredeemably.

Over time, charts for a bull market tend to print higher highs and higher lows on the way to the primary top. Two steps forward, one step back, creating a visual stair-step effect.

On June 23rd, the voters in the United Kingdom (UK) turned a collective thumbs-down on the European Union (EU). The Brexit advocates – the ones who had had enough of the EU’s mandates and regulations – won the day. But, this is only the first step on a long and...

Economists stated that main trigger for the financial crisis of 2008 was the issuance of mortgages that did not require down payments. The ease at which one could get mortgages in the past is what drove housing prices to unsustainable levels. Post-crisis all banks...

The worst part of the world’s ongoing financial crisis is still on the way: A crisis that has its roots in the debt-based monetary system. The debt-based monetary system has facilitated the growth of debt to levels that will inevitably bring total collapse.

The crude oil price rally has been completely destroyed, though I’ll admit I was wrong when I predicted crude oil prices would plummet in March or April as the perfect storm developed against oil prices. Instead, they rallied. In spite of that, I continued to...

Silver reached a low of 19.37 in yesterday’s day session, but rallied to a high of 19.80 in the overnight session (at the time that this Post was being written). We have now satisfied all of the minimum requirements for a completed wave !iv! at the 19.27 low.

Fifteen years after embarking on its largely ineffective quantitative easing program, Japan appears poised to try the form recommended by Ben Bernanke in his notorious “helicopter money” speech in 2002. The Japanese test case could finally resolve a longstanding...