Silver Editorials & Commentary

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.

It is important to distinguish the ‘back end’ from the ‘front end’ of the economy or else all you end up with hype emanating from the financial sphere every time an economic data release comes out.

Several noted economists and distinguished investors are warning of a stock market crash. Billionaire Carl Icahn, for example, recently raised a red flag on a national broadcast when he declared, “The public is walking into a trap again as they did in 2007.”

The Perth Mint’s annual silver coins sales surged 56%, while gold sales fell 16% in 2015, as silver stackers continued to accumulate silver coins and bars and the new silver nugget or kangaroo coin (1 oz and 5 oz) saw very high levels of demand.

While crude oil price continues to drop, there is one sector connected to the oil market that is doing rather well. It is the oil tanker sector -- and while oil is trading at 11-year lows, many stocks in this sector are already posting double digits gains over the...

In a stunning development, the COMEX Registered Silver inventories experienced a large one day decline yesterday. Nearly 10% of total COMEX Registered Silver inventories were removed from the exchange on the last day of the year and reported on Jan 4th.

The US government will spend nearly $4 Trillion this fiscal year – starting last October 1. Of course it projects a massive deficit, increasing national debt, uses “funny” accounting, and does not address unfunded liabilities.

You heard it from Janet Yellen. “Economic expansions (and by extension bull markets) don’t die of old age.” That’s true. But they do die from excess, policy mistakes and Wall St Stuupid.

The sound money community woke up this morning to a world finally behaving rationally -- which is to say cowering in abject terror at the prospect of insane levels of debt, criminal incompetence at most major governments and geopolitical turmoil on a scale not seen...

The 2015 high at 125.85 played out as expected. We now have a bear trend playing out. Let’s review the daily and monthly charts.

Holiday data does not count for much, but new highs have been getting weaker all year and new lows remained elevated in spite of the positive holiday bias. I expect the major averages to be lower on Friday January 8 than they were on Thursday December 31.

The question to consider is how will you make money when the crack-up boom arrives? ... or has it arrived already? It’s that time of year again. When hindsight is 20/20 and coulda/woulda/shoulda gives way to reality. With the US equity market barely able to keep its...

The First Industrial Revolution started with technological innovation driving the slow industrialization of the United Kingdom in the 18th century which merged into the Second Industrial Revolution around 1850. The start of the second industrial revolution was...

I had occasion to view a couple of Cass Trucking Index graphs, both for shipments (the physical volume) and for expenditures. Interestingly, the number of shipments in 2015 is almost dead flat compared to 1999.

On this, my last article of 2015, we’ll start with the “ugly preliminaries” of my final economic snapshot of the year – followed by an uplifting end, per a wonderful, life-affirming experience I enjoyed last night. And ultimately, a message of hope for truth-seekers...

As we are about to ring in the New Year, we can give thanks for the “Full Employment” Economy. That big Thank You needs to go to the manipulators of the official statistics over at the Bureau of Labor Statistics (BLS) and elsewhere in our government.

Stocks are trying to live up to the expectations for a year-end “Santa Claus” rally. Most of the market’s improving internal condition is due to the latest strength in the energy sector…with the NYSE Oil Index (XOI) rallying some 6% from its recent lows.

As 2015 comes to an end, gold feels solid. There are many factors coming into play in 2016 that should incentivize investors to add to their positions, and do so with comfort.

Markets and economies usually run in cycles -- and there have been numerous previous reversals where falling interest rates have been replaced by rising interest rates. The soothing reassurances from many financial authorities and much of the financial media are...

China is still a mess in the short-term -- and the reasons are all but obvious. Greed and stupidity fuelled the bubble that popped back in June of this year. Some estimates put the number of individuals opening new accounts without high school diplomas at over 60...

The broad stock market remained within a short-term consolidation on Thursday. There have been no confirmed negative signals so far. The S&P 500 index extends its two-month long consolidation following October rally. We prefer to be out of the market, avoiding...

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.

On Wednesday Dec 16, Federal Reserve Chair Janet Yellen announced that the Fed was raising the federal funds rate by 25 basis points. Let’s get one thing out of the way. This is not a move towards free markets. Whether the Fed sets interest lower, or whether it sets...

I would like to tell you about a proprietary indicator that I use in the precious metals market. Take a look at the chart below which shows the indicator against the price of silver (in green) since 1967.

What were you doing in June 2006? That’s when the Federal Reserve last raised interest rates, just a year after the last Star Wars flick hit theaters. The biggest movie at the time was Adam Sandler’s “Click,” the hottest song, Shakira’s “Hips Don’t Lie.” The best-...

What force? Some of the “forces” in our world that are supportive of higher silver prices are: Debt Increases: Global debt exceeds $200 Trillion and rising rapidly. Warfare: Syria, Turkey, Russia, Ukraine, South China Sea, Chicago and others. It is a long list....

The most important question investors will soon have to face is: "what's going to happen once central banks finally meet their inflation targets?"

Violent short squeezes are the only mechanism DaBoyz have left to sustain the illusion of a bull market before the clock runs out on their crooked game in 2015. A New Year’s mood change is surely coming on Wall Street, since investors will have to face the blunt...

Stocks rose Wednesday following the Federal Reserve’s announcement of the first interest rate increase since 2006. However, stocks fell just two days later. One reason the positive reaction to the Fed’s announcement did not last long is that the Fed seems to lack...

The U.S. Geological Survey (USGS) released their September silver production numbers this week and the results were incredible. Only 82.6 metric tons (mt) of silver were produced domestically in September versus 103 tons during September of last year. This...

On Wednesday, Janet “Good News” Yellen said the magic words. The Federal Reserve hiked the federal funds rate by 25 basis points. The price of silver was surging in anticipation of the news (we assume). Within an hour or so of the announcement, it had spiked to $14....

Silver has been somewhat weaker than gold in the recent past and dropped to clear new lows last Monday, as we can see on its 6-month chart below, but this should not come as a surprise as its recent COT structure has been nowhere near as positive as gold's, and at...

I am becoming increasingly concerned over the flattening yield curve. This curve enables us to get a firsthand view of sentiment towards economic growth among bond investors and other large players in the interest rate markets, some of whom are among the most...

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: It looks like traders closed out their positions Friday ahead of a 2 week vacation. Nearly 10 billion shares were traded on Friday. Seasonally the 4 trading days before Christmas during the 3rd year of the Presidential Cycle, the NASDAQ composite...

US stocks soared while the Fed was meeting to raise interest rates this week -- though it's not clear why that should be so since monetary tightening isn't generally a good thing for stock prices. In any event, it didn't last. Over the past 48 hours the Dow is down...

While the Federal Reserve continues to rig the financial markets by way of its insane interest rate policy, U.S. silver production took a big hit in September. How big? Well, let’s just say…. it took me by surprise.

Wednesday morning before the Fed announcement, a reader sent me this: "It is Janet Yellen's turn to stoke the fire and evidently her news today of a rate increase has stoked the stock market fire to the tune of the Dow rising 138 points 10 minutes in.

The broad stock market reacted positively to yesterday's FOMC Interest Rate Decision release. However, it continues to trade within medium-term consolidation. Our short position (2,088.35, S&P 500 index) has been closed at the stop-loss (profit taking) level of...

The Chinese railway system has changed dramatically since I last visited the Asian nation. I can remember taking the high-speed train from Shanghai to Beijing during a visit in 2011; at the time it was a fresh, dedicated line covering 819 miles in a little less than...