The silver market is forecast to record a fifth straight market deficit in 2025, with demand once again outstripping supply, and the majority of the existing above ground silver stocks are not available to satisfy demand -- at any price.
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.
March 8, 2025
Our long term stocks/bond model remains in favor of equities over bonds. Trend is down. Cycle is down. VIX is up and markets are down. Caution is advised.
Our cycle indicator is now DOWN. Current data suggests overall lower silver prices. A pullback is in progress.
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March 7, 2025
Gold has been soaring all year, while silver has spent the past nine months languishing, leaving long-suffering investors wondering: Will silver always play second fiddle to gold, or is it finally ready to shine?
The U.S. dollar has long served as a safe haven. A Deutsche Bank analyst says that status may be at risk. Several factors make the dollar a go-to asset during times of uncertainty.
March 6, 2025
Spot silver gained 27% in 2024. The white metal benefited mostly from physical buying in India and China. Silver ETFs have also been a factor.
March 5, 2025
Silver imports into India rose sharply last month, hitting the highest January level since Metals Focus began tracking the data in 2008. Silver imports rose by 37 percent year on year to 875 tonnes.
March 4, 2025
Recent comments from Elon Musk suggest his Department of Government Efficiency (DOGE) Team has its eye on the Federal Reserve. “All aspects of the government must be fully transparent and accountable to the people,” Musk said on X. “No exceptions, including, if not...
Andy Schectman joins us to discuss gold & silver prices.
March 1, 2025
Our cycle indicator is now DOWN. Current data suggests overall lower silver prices. A pullback is in progress.
Our long term stocks/bond model remains in favor of equities over bonds. Trend is down. Cycle is down. VIX is up and markets are down. Caution is advised.
February 28, 2025
“As we look towards 2050, we foresee global copper demand increasing by 70% to reach 50 million tonnes annually. This will be driven by copper’s role in both current and emerging technologies, as well as the world’s decarbonization goals,” says BHP’s chief...
Last month, the Federal Reserve paused interest rate cuts due to sticky price inflation. This indicates tighter monetary policy moving forward. However, market observers tend to ignore the second prong of monetary policy -- the balance sheet.
February 27, 2025
The Federal Reserve has put interest rate cuts on pause due to sticky price inflation. The move makes sense, but why did the Fed start slashing interest rates in the first place? It was clear that the inflation monster wasn't dead when it surprised markets with a...
February 26, 2025
In recent decades, China, which ranks fifth in global silver reserves, has not only mined 3,500—4,000 tonnes annually but imported large quantities of silver dore for refining as well. Less well known is the Peoples Bank's role in managing silver reserves, which is...
February 25, 2025
Silver has quietly had a strong start to 2025, with the price up 12.6 percent. However, it remains significantly underpriced compared to gold from a historical perspective with the gold-silver ratio still above 90-1.
At a recent press conference, Federal Reserve Chair Jerome Powell claimed that the Fed’s flexible average inflation targeting (FAIT) framework did not contribute to the post-pandemic inflation surge.
After last week's drubbing in the stock market, how does that change the environment for gold and silver?
February 24, 2025
With all of the recent chaos in the silver market, David Morgan takes a look back at some of the historical comps to give a clearer picture of what some of the latest data is actually telling us.
February 22, 2025
If archeologists 2,000 years from now find a jar of U.S. quarters minted in 2025, how excited would they be? I'm sure they would find it interesting from a historical perspective. But how much would those quarters really be worth?
Data shows a new Gold to Silver ratio is forming, 4:1, but it's not what you might think. The US Treasury has spent nearly $400m for raw silver bullion from London, compared to only around $120m for gold in the last 6 months, with February on track to be a record...
Our cycle indicator is UP. Speculation in silver is now lagging behind gold which is a concern. A pullback is in progress.
Our long term stocks/bond model remains in favor of equities over bonds. Trend is up. Cycle is down. VIX is up and markets are down. Caution is advised.
February 20, 2025
In this video I am going to share five silver charts that are catching my eye, and I'm also going to talk about what I think is next for this silver market.
February 19, 2025
My grandfather used to say, “Don’t take any wooden nickels.” The idiom basically meant, “Be careful! Don’t get cheated.” Back in the day, small banks and merchants sometimes handed out novelty wooden nickels as promotional items. Of course, they had no value. You...
Jeffrey Tucker joins us to discuss what's happening in precious metals and the global economy!
Over the past year as gold and silver have rallied, the majority of the mainstream media and Wall Street attention has largely been on gold. IF…..they’ve been even looking at the precious metals at all.
February 18, 2025
Christmas 2024 was brought to you by Visa, Mastercard, et al. Was this the last gasp of an American consumer buried under mountains of debt?
February 17, 2025
Silver's back over $34 this morning. And in the midst of the latest leg of the rally, Bank of America just put out a report that's incredibly bullish on the metals, and is also being blasted to the mainstream investment audience now.
February 15, 2025
DOGE has got its work cut out for it. Even as the new Department of Government Efficiency ferrets out wasteful spending, the constant budget deficits serve as a sobering reminder of just how much the federal government overspends month after month.
Most investors do not understand the difference between price and value. If they did, the prices they are willing to pay to invest in certain things would either be higher or lower, depending on the fundamentals. Usually, though, an investor is more likely to...
Our long term stocks/bond model remains in favor of equities over bonds. Trend is up. Cycle is up. VIX is down. Expect overall higher prices for now.
Our cycle indicator is UP. Speculation in silver is now lagging behind gold which is a concern. We will wait for a new set up to buy.
February 14, 2025
David Morgan provides a thorough update on the Silver market. He expects Silver to reach $40 this year. Check out SilverSunrise.TV and TheMorganReport.com.
February 13, 2025
It's getting harder and harder to pretend the inflation problem isn't a problem. Last month, the markets and the mainstream media threw a party when the CPI data came in "cooler than expected." CNBC led with this rosy summary. “U.S. stocks popped on Wednesday for...
February 12, 2025
Over the past few months, I’ve maintained a consistently bullish outlook on copper, anticipating a rebound off the $4 per pound support level and a strong rally.
Traders with an obligation to deliver physical bars in the U.S. have found the available inventory is in short supply. They have been rushing to import supplies from London and/or paying hefty premiums to secure the bars they need. Others have been capitalizing on...
When I was a little kid, one of the highlights of a trip out with my grandmother was getting a penny to stick in the gumball machine. Back in the early 1970s, a penny would get me several small gumballs or one giant one – depending on the machine.
February 9, 2025
The gold price took two broad and somewhat uneven steps higher in early Globex trading on Friday -- and that was allowed to last until around 9:10 a.m. in London. From that juncture it was sold quietly lower at an ever-increasing rate until a minute or so after the...
February 8, 2025
Our cycle indicator is UP. Speculation in silver is now lagging behind gold which is a concern.












