Silver Editorials & Commentary

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.

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.

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...

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.

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...

Our cycle indicator is UP. Speculation in silver is now lagging behind gold which is a concern.

Dollars are the DEI hire of money. Dollars identify as money, but, well... Why do people get so upset about mandated DEI (Diversity, Equity, and Inclusion) policies, anyway?

Our benchmark SP500 is on long term BUY signal. Oil sector is on a long term SELL signal. Gold sector is on a long term BUY signal.

I want to expand a bit on market liquidity and why modeling it is so crucial to the economy, inflation, and money management. Liquidity is the progenitor of Pento Portfolio Strategies’ Inflation Deflation and Economic Cycle (IDEC) model. It is the primary force...

I don't put out price targets because I don't like being wrong and I also think it's usually misleading. It's not just my ego as I think it's not helpful right now, but I do think we're headed up and I'm generally happy if I get the direction right, and I have to...

The Federal Reserve may finally have another scapegoat for the inflation it created – tariffs. Two Fed officials recently warned about the possible inflationary consequences of President Trump’s aggressive tariff policies.

'This defendant leveraged his position within the Federal Reserve to pass sensitive financial information to the Chinese government, a designated foreign adversary...'

Cycle is now up. Trend is up. We will wait for a new set up to buy.

The silver market is forecast to record a fifth straight market deficit in 2025, with demand once again outstripping supply. Analysts at the Silver Institute call the projected market deficit “sizeable.” 

Our benchmark SP500 is on long term BUY signal. Oil sector is on a long term SELL signal. Gold sector is on a long term BUY signal. We are at or near the end of this 16 year bull market.

Gold is breaking out to new all-time highs this morning, rising $25 to top $2,795 per ounce. At the same time, silver continues its march upwards, rising another 60 cents this morning to trade at $31.65 per ounce.

Silver demand has been red hot, driven by a rapid increase in industrial offtake. However, mine production has been flat for nearly a decade.

The current conditions in gold and silver continue to leave evidence of stress in the markets.

As we enter the Trump era, there seems to be considerable optimism about the economy's trajectory. If you’re a free market person, it’s reasonable to feel optimistic. We will likely see deregulation. We saw that impulse during Trump’s first term, and we’ve already...

After reaching the $35 level last year, the silver price has been volatile, yet largely trading within the $30-32 range. So what will it take for silver to begin it's next move higher?

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.

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.

The gold-silver ratio has surged to over 90-1. This indicates that silver is extremely underpriced from a historical perspective. In other words, silver is on sale.

When you put retail sales data into this context, it’s logical to conclude that American consumers haven’t been spending more because they’re confident about the economy. They're not better off because they’re getting more stuff. They’re just shelling out a lot more...

Where does the world get its silver? In 2023, silver mines produced 830.5 million ounces of silver. That total is projected to decline by about 1 percent to 823.5 million ounces in 2024.

While gold posted a strong performance in 2024 and is most likely on its way back to its all-time high at USD 2,790 after a two-and-a-half-month consolidation, silver has been moving upward in gold’s slipstream.

The gold and silver EFP market has been in the news quite a bit over the past few weeks

US corporations' hiring plans last year totaled 769,953 workers, the fewest since 2015, according to the labor research firm Challenger, Grey, and Christmas. Private sector data shows that the need to hire new employees for all of last year was the lowest in nearly...

Cycle is down but bottoming. Trend is up. We will wait for a new set up to buy.

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.

The budget deficit continues to balloon, with the Q1 2025 budget shortfall running 39.4 percent higher than the same period in fiscal 2024.

There are a lot of expectations about what silver is 'supposed' to do relative to gold. Some of which are valid, and some not so much. But how often does silver REALLY outperform gold?

We’re almost at the targets – in case of multiple markets. And we got other signs, too. The trend is likely about to change.

Last year a TD Securities analysts wrote a report about why he's expecting the next silver squeeze. And after the EFP premiums blew out in the gold and silver markets, he just said 'the silver market is sleepwalking into a squeeze right not.'

Silver tends to outperform the rest of the precious metals sector close to the end of a given rally. We’re not there YET.

Based on preliminary data, the silver market ran its fourth consecutive record market deficit last year. This was one of several silver-related stories highlighted in the latest issue of the Silver Institute’s Silver News.

President Donald Trump hasn’t even been sworn into office yet and he’s already locking horns with Federal Reserve Chairman Jerome Powell. During the December Fed meeting, Powell & Company indicated that the pace of interest rate cuts will need to move more...

Visual Capitalist, a publisher known for its amazing economics-focused infographics, recently released an eye-catching infographic titled "Could Copper Be the Next Oil?" This title stems from Goldman Sachs' description of copper as "the new oil" due to its critical...