Silver Editorials & Commentary

There are fundamentals. And then there is legalized betting, ultimately backed by you, the tax payer. Otherwise known as speculative trades. Modern day commodity prices are determined by the latter, rather than by the result of trading based on the former.

The US Federal Reserve is playing with the idea of raising interest rates, possibly as early as September this year. After a six-year period of virtually zero interest rates, a ramping up of borrowing costs will certainly have tremendous consequences. It will be...

The U.S. stock market indexes lost 0.7-0.9% on Wednesday, retracing their recent move up, as investors reacted to the FOMC's Minutes release, among others. Our yesterday's bearish intraday outlook has proved accurate.

In a surprising update, the Shanghai Futures Exchange reported one of the largest single-day withdrawals of silver off its exchange today. As of yesterday, the total amount of silver stored at the Shanghai Futures Exchange (SHFE) was 256 metric tons (mt). If we...

It’s always refreshing to see the stock market get the crap kicked out of it, even if it will take a 10,000-point fall in the Dow to cast out the thieves, thimble-riggers, broad-tossers, carny men, grifters, mountebanks and child molesters who have ruled the global...

Silver prices hit a low of about $14.33 on July 24 after High Frequency Traders had run stops that week. It has happened before and will again. Occasionally they will run stops going up, not down. The gold to silver ratio has been hovering around 75.

The US Energy Information Administration released their weekly data this morning as usual. The reaction to the data from crude oil was anything but the usual. Most everyone in the industry was looking for a draw in crude oil stockpiles especially after yesterday...

Crude oil bounced off the recent low and the key support line, closing the day slightly below the March low. Taking this fact into account, and combining with the current position of the indicators (and another weekly drop in crude oil inventories showed by the API...

One of the reasons US stocks have had such a nice run is that public companies have been making a lot of money. The profit bounce from Great Recession lows was both big and fast, taking corporate earnings to record levels both in nominal terms and as a portion of...

It was bound to happen sooner or later. And this month we got it… The WSJ ran its hit piece on silver. The irony was rich. The first chart they ran with was a pristine display of the absolute most bullish short-term indicator one could find.

The price of silver has been crushed during the last four years. Prices are ready to reverse. We will know soon enough after the High-Frequency-Traders have their way with prices for paper silver and gold on the CME. But consider:

Mr. Market has been making it extremely painful for bears to stay short. The reason for this is that nearly everyone we know is bearish right now; and, for the first time in more than six years, it would appear that they are finally going to be right.

In the 1947 Tennessee Williams play “A Streetcar Named Desire” as she is being carted off to the mental institution Blanche Dubois utters these famous words …“I have always depended on the kindness of strangers.”

Commentators on the financial markets often make statements like “it’s a bull market” and “the trend is up” as if these were indisputable facts, but such statements are always opinions.

The good news: The equity market held up pretty well considering the turmoil in the FX market. The negatives: New lows held at uncomfortably high levels last week while new highs remained insignificant.

Silver is on major sell signal since 2011. Short term is on buy signal. Traders can consider some positions if risks are manageable.

Our equity/bond model - This long-term reliable investing model provides investors with simple decision making in the markets:

-When the model favors stocks, investors should overweigh in equities for maximum growth.

Contrarian investing is a dynamic field and not a static one. The assumption that it’s a static field is held by the new breed of fashion contrarians, whose only donation to this field has been to glamorize it and distort the correct notion of being a contrarian...

Trading position (short-term; our opinion): No positions are justified from the risk/reward perspective. Crude oil declined yesterday, but the session was not without a rebound. In fact, the move higher continues also today as black gold is at almost $44. Have we...

A month ago China's stock bubble was bursting and Greece was imploding. Yet the US Fed, in a violation of both headline sentiment and common sense, was still promising to raise interest rates come September.

What accounts for the equity bull market's stubborn refusal to bend to the bears' will despite a clear lack of internal strength? That's the question investors are asking right now in what has been a grinding, directionless stock market this summer.

Silver peaked in 1980 and then crashed into “Silver Desolation Row” in 1999 – 2001, like now. The 1970s decade was the time for commodity price increases and inflation. The 1980s and 1990s saw a preference for paper assets and stocks, while commodities, gold, and...

Some folks had good news about gold over the past few weeks, and some had bad news. The good news is a treasure hunter working the waters off the Florida coastline with a metal detector found a million bucks worth of gold coins and chains from a 300-year-old wrecked...

Correlation seems almost like a magical word. In fact, most people don’t have to use this term more often than a couple of times a year. In the world of investing, however, correlation is an important concept which has to do with how different assets move in...

“If the Communist Chinese devalue the yuan against a dollar that is appreciating against gold, has the yuan gone up or down? We ask because the leading story on the New York Times Web site this morning reports not only that the Chicom authorities ‘sharply devalued’...

If you’re an American over a certain age, you remember roller skating rinks (I have no idea if it caught on in other countries). This industry boomed in the 1970’s disco era. However, by the mid 1980’s, the fad was fading. Imagine running a rink company at the end...

Consider two families. Both have a weekly income of $1000, and both spend it all. Next year, one family gets a $30 raise (3%) and again spends it all ($1030). The second family does not get a raise, but it borrows $30 and spends all $1030. Question: Are both...

Lower precious metals prices on Wall Street aren't necessarily bringing lower prices on Main Street. The retail market for gold and silver coins, bars, and rounds has been swamped with high demand since mid June. Both the U.S. Mint and the Royal Canadian Mint...

Some of the world’s best money managers are betting on the biggest financial disaster since 2008. You won’t hear about this from the mainstream media. Networks like NBC or CBS don’t have a clue… just like they didn’t have a clue the US housing market would collapse...

I remember being away on business one day in 2007, with nothing better to do in my hotel room than watch the congressional debates about ‘peak oil’ and what to do about the evil speculators that were driving prices up. I enjoy watching a good mania as much as the...

Game theory is a hot topic in many fields right now and for good reason - it can uncover better ways of making decisions that are often otherwise missed. A particularly good example is the uncommon insights that game theory can deliver for us when it comes to making...

Everybody knows that the Fed will eventually hike its targeted interest rate. When it comes to rate hikes, the only unknowns involve timing. What hardly anybody knows is that the Fed’s interest-rate suppression has damaged the economy and that the longer it...

Central bankers have been actively employing psychological strategies to deceive the masses for generations. In the future, we will write a more in-depth article on this topic. Central bankers have been recreating reality…and the poignant part is that the masses now...

More and more indices are beginning to reflect the underlying market weakness. SPX is tilting on the edge and could join their ranks in the next couple of weeks. The best time frame for the market to enter a full-blown correction is between now and October. This...

As the global economic and financial system head over the cliff, silver investment demand is moving in the opposite direction. Not only has the demand for physical silver increased significantly since the middle of June, it surged to a level that has now put severe...

The good news is: The market is oversold and next week seasonality turns positive. The negatives: New highs disappeared last week, while new lows returned to threatening levels.

COT data is becoming favorable…and we can see a tradable bottom in silver soon.

Silver peaked in 1980 and then crashed into “Silver Desolation Row” in 1999 – 2001, like now. The 1970s decade was the time for commodity price increases and inflation. The 1980s and 1990s saw a preference for paper assets and stocks, while commodities, gold, and...

Silver is down 7.1% this year. Will this weakness persist? To find out, let’s look at the key factors in the silver market this year. Like gold, silver fell as the US dollar rose on the back of expectations that the Fed will hike rates. World demand for physical...

Based on current trends, it is now likely that US rates will not just decline in 2016 but will join those of Switzerland and Germany in negative territory. The experiment continues!