This is our first all-silver commentary, done exclusively for our subscribers and Silver-Phoenix500 readers. As you can see on the attached Monthly and Weekly Silver Charts, we completed wave 2 of V at the 13.67 low and we are now moving higher in a subdividing wave...
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.
July 5, 2016
Historically, the silver price has a tendency to decline and rise way more and faster than most people expect. The recent 5-year decline is a good example of a decline that went lower than expected. There are good reasons for this, but we often miss it due to our...
It’s a funny title for a segment, but it is appropriate. I don’t want to be too flippant with dismissals of inflammatory market events like ‘Brexit’ as simply hype. There is very real macro fundamental shifting going on behind the hype. But in market management,...
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July 4, 2016
The spot prices scream loud. The Silver breakout will be one to behold in the history books. Silver has broken the shackles of the vile banker cabal. Silver has begun its historic run-up. Silver will capture the world's attention. The equivalent of the 1980 Hunt...
What follows is the latest weekly update I sent to subscribers looking back and looking ahead in the silver market. It begins with the relevant statistics followed by key indicators which I use in the pursuit of the Queen of Metals. I will explain some of these...
The price of silver spiked massively from Wednesday through Friday. It ended the week about $2 higher than the previous week. The last time we recall silver price action like this was about three years ago in August 2013. That one week, the price rose about $2.50....
July 3, 2016
The huge silver rally this week took a lot of precious metals investors by surprise. The silver price surged 15% since the Brexit vote results last Friday. Silver began trading at $17.25 last Friday and closed at $19.76 today. Gold also performed very well,...
A stellar week for stocks as they shook off the major spike lower in wake of the Brexit vote. It was by far the best week of the year that has been mostly chop. It only takes a week or two like this to make your year a very respectable one. To be sure the sitting...
What a week for the Dow Jones Index. On Monday it closed almost 6.5% from its last all-time high. By Friday the Dow Jones recouped almost all of its losses sustained after the Brexit vote. Of course trading volume for the Dow Jones Index mysteriously increased,...
July 2, 2016
One week on from the United Kingdom shocking the world by voting to leave the European Union, one would be not be lacking in predictions of doom and gloom across the political and economic board. As one who voted to leave the nascent European Superstate, the oft (...
Current investing model favors bonds over equities, therefore, investors should overweigh their portfolios with bonds over stocks for safety.
The market is overbought after an interesting two weeks. Next week is likely to be dull -- and without much help from seasonality will probably be down a little. I expect the major averages to be lower on Friday July 8 than they were on Friday July 1.
July 1, 2016
Technical Analysis of the markets via videos.
Gold and silver were the best performing assets prior to Brexit…and they are the best performing assets since Brexit. Gold and silver are up 6% and 11% respectively, since the seismic Brexit vote led to turmoil on global markets.
June 30, 2016
The broad stock market retraced most of its recent move down yesterday, as investors shrugged off "Brexit" news. For now, it looks like an upward correction following recent selloff. We decided to close our speculative short position (opened on June 1 at 2,093.94 -...
Silver is another 0.5% higher today after yesterday’s 3% gains, when silver flew through resistance at the $18 level to close at $18.26/oz. Silver has surged by similar amounts in euros and by 22% in beleaguered UK sterling.
June 29, 2016
The shock is going to lead into some chaotic-type thinking. To be sure while this is a gigantic inconvenience and reason for continued economic slowdown, over time the UK will adjust and trade with Europe the same way Norway and Switzerland does. For the rest of...
As fear trumps politics, the stampede will commence. Derivative defaults will spread blot out the financial landscape like a murder of crows. In a brief moment, precious metals prices will pass through their fundamental price equilibria on their way to unimagined...
June 28, 2016
Everywhere one turns there is evidence of widespread rage and frustration. The people of Europe and the Americas in particular are aggrieved at their political lot -- and are becoming increasingly angry. What was once a simmering resentment has become a boiling...
Brexit — the second major landslide in the Year of the Epocalypse — has bankers all over the world scrambling to pick up and prop up their crumbled facades this week. This is one more jolt in the developing global economic collapse that I predicted for 2016.
June 27, 2016
One of the first results of Britain’s voting to leave the European Union was a sharply lower pound. This means the UK is now winning the currency war. Henceforth its exports will be cheaper around the world, enabling its major companies to sell more stuff, make more...
The current silver bull market is similar to the bull market of the 70s in many ways. Despite the similarities, silver will ultimately perform much better than during the 70s.
June 25, 2016
If the source is corrupt, the data must be as well. The nature of counterintuitive silver price action, secondary to ongoing, and blatant price manipulation lends itself to the swirling dreams of conspiracy, which encourage those who choose to ignore the trail of...
The market was in an uptrend when surprised by the BREXIT vote. Under any circumstances the down move is likely to be transitory. Central banks worldwide will be supplying whatever liquidity is required to arrest the decline. Long-term, I have no idea what the...
What a day! Some extremely volatile action took place that will live on in the memories of all those who witnessed it. So, what to make of it all?
Current investing model favors bonds over equities, therefore, investors should overweigh their portfolios with bonds over stocks for safety. Cash is also a position for those who are un-invested or under invested until this model favors equities again.
June 24, 2016
While the world awaits the BREXIT vote, the COMEX Registered Silver Inventories reached a new record as it pertains to leverage. Matter-a-fact, the number of owners per ounce of Registered Silver is higher than gold. In the beginning of the year, COMEX Gold...
June 23, 2016
The broad stock market extended its short-term consolidation yesterday, as investors awaited today's British European Referendum, economic data releases. There have been no confirmed negative signals so far. However, we continue to maintain our speculative short...
The chart below of the S&P500 suggests a move down to around 2041/42 early Friday, June 24 or about 3% down from today’s high near 2107. The e-wave astro/cycle pattern also suggests a strong move back up into Tuesday, June 28 to perhaps as high as 2121/22. By...
If it escaped your notice, there is the small matter of British citizens voting on whether to leave or remain within the European Union on June 23. Being a British citizen (or is that a British subject), I have a vote to cast, which requires some thought. However,...
June 21, 2016
According to the figures in the 2016 World Silver Survey, Americans now lead the world in physical silver investment. This is quite an interesting change as India has been the number one market for silver bar demand in the past.
June 20, 2016
Last week we asked where will silver was headed. Well, the price moved around during the week, dipping on Thursday -- but then rebounding sharply on Friday. It closed up 13 cents from last week. During the same period the price of gold rose $24.
In part 1 of this series I floated the idea that in addition to buying up 150 million ounces (30k COMEX contracts) of American Silver Eagles and Canadian Maple Leafs (as Ted Butler claims and no one else has been able to refute in a meaningful way)…that instead of...
In the time of the ancient Babylonians - long before the periodic table - there were seven sacred metals: gold, silver, copper, iron, tin, lead and mercury. In Roman and Greek Mythology, the First Age was called Golden, the Second Age Silver. Apollo, the god of...
June 19, 2016
Both silver’s price action and its latest COTs suggest that it has just put in a short to medium-term top, a view which is reinforced by what we are seeing in gold, where COTs just hit a record extreme. Long-term the outlook for both gold and silver remains very...
I have written extensively about the relationship between the Dow Index and silver prices. One of the points I have emphasized is the fact that Dow peaks are often followed by silver rallies. Given the above, it’s natural that the Dow/Silver ratio is also an...
June 18, 2016
Current investing model favors bonds over equities, therefore, investors should overweigh their portfolios with bonds over stocks for safety. Cash is also a position for those who are un-invested or under invested until this model favors equities again.
The good news is: In spite of lower prices, new lows declined at the end of the week. The Negatives: There was a spike in NYSE volume last Friday. Banks and mining issues populated the most active list.
June 17, 2016
Recently I have gotten wordy about the decline in ‘inflation expectations’ beginning on June 2, right on through yesterday’s update of the TIP-TLT ratio and TLT in essence, attaining their targets. The implication would be that the mini-deflation whiff is coming to...
June 16, 2016
The Financial Repression Authority is joined by Richard Duncan, an esteemed author, economist, consultant and speaker. FRA Co-founder. Gordon T. Long discusses with Mr. Duncan the current Chinese situation and the ramifications being imposed on the global economy....












