The combination of silver having arrived at a short-term target with bearish looking candlesticks appearing, gold completing a Head-and-Shoulders top and latest COTs for both gold and silver being at the sort of extreme readings characteristic of a top, all point to...
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.
April 16, 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: The secondaries have been outperforming the blue chips. The Negatives: NASDAQ breadth indicators continue to underperform NYSE breadth indicators. Considering the NASDAQ composite (OTC) is only about 5% off its all-time high, the number of NASDAQ...
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April 15, 2016
Technical Analysis of the markets via videos:
Silver moved sharply higher recently along with mining stocks, but unlike the latter, the white metal continued to show strength even on Thursday by holding up well…despite gold’s and mining stocks’ decline. What does this tell us?
Silver prices have surged 5.6% this week while gold is down 1% in dollar terms, 1.5% in sterling terms but flat in euro terms. Gold appears to be consolidating after the recent gains and the bounce in stocks this week is likely leading to traders taking profits.
Recently, official data showed that euro zone industrial production declined by 0.8% in Feb (month-on-month), missing analysts' forecasts. Additionally, industrial production (year to year) rose less-than-expected in Feb, which pushed the euro lower against the...
April 14, 2016
Ah yes, the silver manipulation crowd is ecstatic this AM as they gleefully point to news that Deutsche Bank has agreed to settle in a class action lawsuit, which claimed that it, along with several other large banks, had been rigging the silver price at the London...
Markets have fully adjusted to a financial world which reflects the leadership and management of money by central banks and are increasingly frightened of any prospect of their control failing. Every time the system stumbles, the response has been for central banks...
April 13, 2016
It's a trite saying but a profound one all the same: “History always repeats.” We’ve all heard this bromide countless times, yet how many of us have truly pondered its significance?
After three decades of epic deficit spending and three years of extraordinary money creation, Japan's economy is enjoying a rollicking inflationary boom. Just kidding. Exactly the opposite is happening:
The Credit Suisse Fear Barometer just hit an all-time high as reports circulated through the alternative media that Barack Obama discussed the imposition of martial law when he and Vice President Joe Biden met with Yellen on Monday in an “emergency meeting.”
April 12, 2016
The week was full of emergency meetings, banker summits, crashing European banks and the worst bank reports since the Great Recession.
What strikes one immediately is that the Fed has been creating money hand over fist; one hand they create money, and with the other hand they buy assets and put it on their books. All appears legitimate until you realize this is something called monetization of debt...
Silver bullion prices surged 3.65% yesterday and have surged 8% in just six trading days. Silver rose 56 cents from $15.34 to $15.90 per ounce yesterday, made further gains in Asian and early European trading and broke above the psychological resistance of $16 per...
April 11, 2016
Precious metals have registered a blistering start to the year. After more than four years of defeat, gold bulls once again have something to be excited about. The gold price is up 19% year to date and the mining stock ETF (GDX) is up over 60% since the start of the...
Greed and recklessness continue to govern the markets; nothing was learned from the 2008 financial crisis. Hence, history is destined to repeat itself…and this might occur a lot faster than most anticipate. Fitch states that Subprime Auto bond delinquencies are at...
Exposing tax dodgers is a worthy endeavor, but the “limited hangout” of the Panama Papers may have less noble ends, dovetailing with the War on Cash and the imminent threat of massive bail-ins of depositor funds.
April 9, 2016
There has been an incredible amount of posturing, debate and arguing over the minimum wage situation – particularly surrounding recent events in California and New York where legislation was recently signed into law that would effectively double the nominal minimum...
The dichotomy between NYSE and NASDAQ breadth indicators continues. I consider the NASDAQ breadth indicators more important, because they are not “contaminated” with the high percentage of interest rate sensitive issues that the NYSE is. As it sits right now, the...
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.
Gold’s surprising strength in price is capturing headlines, but another precious metal, silver, is chasing gold’s coattails – without the fanfare.
April 8, 2016
Saudi Arabia has moved beyond its original statement that it will only support a production freeze if “other major producing nations” sign on to the agreement. It has now clarified what I believed to be intended by its initial caveat all along, stating that it will...
April 7, 2016
What was once the darling of yesterday, the “poor man’s gold” is now a forgotten commodity. Although similar to gold, you do not hear any experts discussing silver purchases!
It is not well known, that historically silver and interest rates have actually moved together (in the long-term). When interest rates are going up, then silver is going up. When interest rates are going down, silver is going down. In the short-term, interest rates...
Sweden is already in the mature stages of experiencing a housing crisis. Take a look at the chart below. Home prices are surging…simply because it is cheap to borrow money. The lower the interest payments, the more you can borrow. Hence, individuals throw caution to...
Since bottoming in February, the stock market “tape” has been very constructive. The NYSE advance-decline (A-D) line led the rally off the February lows, which is the first thing we look for when judging the strength of a bottom. Even more importantly, the...
April 6, 2016
Currently, we are experiencing the SPX500 topping formation. Again, it is dangerously overextended. The SPX500 staged a strong rally due to the repeated actions of Central Bankers, during the month of February 2016.
The Perth Mint’s sales of silver coins and especially Silver Kangaroos surged again in March -- and saw the second highest levels of silver coin demand on record as silver buyers in the western world continue to accumulate silver at what they believe to be depressed...
April 5, 2016
I’ve strongly stated that in the short and intermediate-term, the most important price driver of gold is the US dollar’s movement against the yen. The dollar is the world’s largest “risk-on” market because America is the world’s largest debtor. Japan is the world’s...
In the chart below, I have done a fractal analysis of the US Dollar index (generated on tradingview.com). It shows that the US Dollar index is likely to drop over the next years; however, it appears to have started a new uptrend (read deflation – deflation is great...
There was quite a bit of commentary generated as a result of making public my article, “Five Years That Changed Silver Forever.” This wasn’t particularly surprising, because if my assertions are correct about JPMorgan accumulating a massive quantity of physical...
April 3, 2016
After reaching and pulling back from the two lowest top P&F projections, SPX may be trying for the third and last! Will it be a charm? In my analysis, I believe that I have made a strong case for an imminent top. Even if it is correct and the market does...
April 2, 2016
The rise of the 'dollar store business model' caters to a disappearing 'middle class' who are incurring shrinking incomes. This has made 'dollar stores' prosper, in the last decade. Dollar stores, for most Americans, have carried an odd sort of stigma.
The good news is: New lows declined to insignificant levels and the secondaries have been outperforming the blue chips. The Negatives: The market is overbought.
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.
April 1, 2016
The title of this article is not an assumption that you, astute reader, are little more than a robot following the direct and implied commands of other robots when trying to make logical sense of the state of modern financial markets. Personally, I have found that...
Technical Analysis of the markets via videos:
Silver’s reluctant, sluggish participation in early 2016’s powerful gold rally has been glaringly obvious. Instead of amplifying the yellow metal’s big gains as in the past, silver largely failed to even keep pace. The lack of silver confirmation for gold’s big...
Yesterday, the greenback moved sharply lower against the Canadian dollar despite bullish ADP report and declining crude oil prices as sentiment on the U.S. dollar remained weak after Janet Yellen's speech. As a result, USD/CAD dropped under important support line....












