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.

 

July 9, 2015

Roth Individual Retirement Accounts are an uncommonly attractive and powerful method of creating wealth for retirement when viewed from the usual financial perspective. What sets them apart is that contributions are made with after-tax dollars, but withdrawals are...

While all eyes have been fixated on the unfolding developments in Greece, I have been uncomfortably studying events in Puerto Rico. Recently, having produced two video's with Mish Shedlock on the fiscal situations in Illinois and the City of Chicago I have become...

The Austrian School of economics has a concept called a “crack-up boom” in which a critical mass of people conclude that their government is actively trying to devalue its currency. Consumers respond by front-running the government, spending their paychecks...

Get your free copy of this detailed 54 page Silver Investing Guide. Inside this comprehensive guide, you'll discover: what drove silver's historic surge, the gold/silver ratio strategy that delivered exceptional returns, why analysts forecast prices well into the hundreds, the 5-year supply crisis, how to invest after a major rally, and more. Read More.

July 8, 2015

$1.4 trillion of Chinese stocks have stopped trading. Greece is finally imploding. The US trade deficit is widening on falling exports.Copper just fell back to 2009 levels. And safe-haven capital flows are revving up again, with Swiss 10-year bonds once again...

July 7, 2015

ALERT! -- We have received word through an industry source that the U.S. Mint temporarily suspended sales of American Silver Eagles due to strong investor demand. It intends to resume sales in two weeks. The Mint sent out an announcement to this effect earlier...

Greeve has defaulted on its debt to the International Monetary Fund, the first “developed” country to do so. But is Greece merely a casualty of a flawed eurozone or a canary in the coal mine?

The situation in the silver market seems to point to the beginning stages of a GLOBAL RUN ON SILVER. I say, “it seems to point to a RUN on silver” due to several indicators I am looking at. This also may force the global silver market to suffer shortages in the...

A couple weeks ago I was introduced to John Zang, the CEO of Morro Bay Resources Ltd. After a while of talking about the markets, gold and silver he shared some insight into what his team and company were doing which grabbed my attention.

The economies of the developed world are healing and their central banks are pursuing accommodative monetary policies. However, over the past few months, the developed stock markets have traded in a sideways range and this lack of progress is primarily due to the...

It’s not an overstatement to say that over the 6-year period beginning in September-2008, the US Federal Reserve went berserk with its Quantitative Easing (QE). The following chart shows that the US Monetary Base, an indicator of the net quantity of dollars directly...

July 6, 2015

At 16, Jan Koum immigrated to the U.S. from his native Ukraine, then still under communist control. He and his single mother rented a small two-bedroom apartment on government assistance and relied on food stamps. Even though he didn’t own a computer at the time,...

On Sunday, Greeks will participate in a referendum that could seal their fate. The people of Greece are between a rock and a hard place. On one hand, a “yes” vote will mean that they give into the extreme demands of their creditors, fostering an even harsher era of...

Governor Alejandro García Padilla of Puerto Rico said this week he does not think the Commonwealth will be able to pay back the $73 billion in debt owed to bondholders. I find this rare bit of honesty totally refreshing. For the past three years some had speculated...

The stock market crash in China and Greece’s probable exit from the euro threaten to cause an October 2008-style credit freeze. This led to a plunge in global trade in the first half of 2009 with volumes down around 40 per cent in Dubai, the Middle East’s biggest...

Last week began with crosscurrents that made it hard to predict. See On Monday, It's China Versus Greece. This week is starting with no such ambiguity. The Greeks had their vote and tossed a resounding "NO" at their European creditors. And the markets are not happy...

The prices of the metals drooped further this shortened week (Friday was a holiday in the US, as the Fourth of July, Independence Day, occurred on Saturday). The S&P 500 index also fell this week, as did crude oil.

Last weekend I was negative on the stock market. I also expected an 8 TD top by July 2. We got a late week rally. Now we have the Sun opp. Pluto today and Sun/Mars making a cardinal t-sq. to Uranus/Pluto into July 12. This makes for wild swings in the market. I...

July 5, 2015

Silver’s cheerleaders are trying to keep their flocks happy by talking it up as usual, but the hard reality is that silver’s charts continue to look awful, and like it is readying for another sharp drop, which fits with our view that the dollar is getting ready for...

July 4, 2015

Everyone is going to have to cut me a little slack on the eve of the celebration of the American independence. No, this isn’t about that video that came out a few days ago that demonstrated exactly how ignorant Americans are about the significance of tomorrow or...

With a vote and subsequent negotiations in Greece, how concerned should investors be? What is contagion and why should we care? How can we monitor risks in Europe over the next few weeks?

The good news is: The market is very oversold and due for a bounce. The negatives: The market appears to have run out of time.

Silver is on major sell signal since 2011. Short term is on sell signal. COT data is becoming favorable and can see a tradable bottom in silver soon.

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.

July 3, 2015

China has torn up the precious metals world of stats since 2008, with its accumulation of gold to dethrone the USD as the favoured currency for settling contracts in the burgeoning new world and era of Asia.

Global silver jewelry demand posted a record high last year, and silverware offtake rose to its highest level since 2006, according to the World Silver Survey 2015, released this May by the Silver Institute. Silver increased its popularity in the jewelry and...

July 2, 2015

This is a short story. It has a purpose. Bear with me. A long time ago and far, far away there was a village that was occasionally raided by outlaws who took food, jewels, and women. The villagers were understandably angry but could do little to protect themselves...

For the unprepared, it happens like a mugging…When you hear a central banker or politician deny that something is going to happen to bank depositors, you can almost be certain that it will happen. And probably soon. Coming from a government official, the real...

In our opinion, speculative short positions are favored (with stop-loss at 2,140, and profit target at 1,980, S&P500 index). Our intraday outlook is bearish, and our short-term outlook is bearish:

This coming Sunday Greece will hold its referendum. The question to be asked is not, as the foreign press initially reported it, about leaving the euro. It is about accepting or rejecting the troika's bail-out terms.

Inflation expectations bottomed in January of this year, or, to put it another way, deflation expectations peaked in January of this year. The question is: did the January reversal mark a 1-2 quarter shift or a much longer-term shift? We think it will prove to be...

A decade ago, Spain was a basket case. It had built up massive debt, and it was falling into a Depression. Today, Greece is in a similar situation, although the details are different. A good part (certainly not most) of the travails of both countries can be traced...

The federal government can’t seem to help itself. After overseeing the inflating and bursting of the dot-com bubble in the 1990s and the subprime mortgage bubble in the 2000s, the United States government is at it again – this time in the area of student loans.

With the failure of the Greek government to make a scheduled payment to the International Monetary Fund (IMF), we have moved from high drama to low farce. The Marxists who are running the show in Athens have scored a first: Greece is the first so-called advanced...

July 1, 2015

With the Greek banks closing, capital controls being imposed, and the unwillingness of the European Central Bank to expand its emergency liquidity assistance program – the stability of the global financial system is officially in play. Nothing is set in stone yet,...

The situation in the precious metals market remains bearish and based on this week’s disappointing performance of precious metals and very weak performance of mining stocks (and the breakdown below the critical support), it further deteriorated. It’s not extremely...

Over the past month, we have been subjected to one breathless article after another predicting a huge upside blowout in silver as “the trapped shorts are forced out.” “The rise in open interest to a record high, even higher than when silver was trading near $50,...

I’ll leave a link at the end of the article for those who are interested in the translation of the title of this week’s installment of ‘Two Cents’. Well folks, it’s game on once again in the Eurozone and the shenanigans have once again escalated to another bank...

June 30, 2015

It's hard to find anything written or spoken about Greece that doesn't contain a great deal of hand wringing about the alleged austerity - brutal fiscal austerity -- that the Greek government has been forced to endure at the hands of the so-called troika. This is...

Since the October rally ended, the SPX formed what looked like an "extended distribution phase" in the form of a rounding top. This is even more apparent on the Dow Jones Composite Index. Early June, it dropped below its 100-DMA, it slightly breached its December...

Silver has moved sideways for about nine months, after it moved sideways from a slightly higher level for about 14 months. Boring! The big events in the past 5 years have been: August 2010: Silver began a huge move from under $18 to nearly $50.

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