Silver Editorials & Commentary

Buybacks and dividends. The mere mention of either one is often enough to make some investors’ hearts race with excitement and embolden them with confidence that company management is being better stewards of capital.

Just how little is U.S. renewable energy production from solar and wind? Well, it actually turns out to be less than I thought. Even though the United States continues to add new solar plants and wind farms, it’s the growth of the country’s fossil fuel output that...

Recent economic data do not show much strength, at least not in the U.S. The Q1 Gross National Product in the U.S. pointed to an economic contraction of -0,7%. It was the second consecutive year in which the economic activity declined quarter-on-quarter. That has...

For the first time in its country’s history, Portugal sold 6 month T-bills at a negative yield. The 300 million euros ($333 million) worth of bills due in November 2015 sold at an average yield of minus 0.002%. A negative yield means investors buying these...

A bear rally now appears in its infancy and I expect the final rally high to come in somewhere around 1.26 later this year after which price should resume the overall down trend which sees price trade below par.

In a series of business meetings Tuesday and Wednesday, we explained why nobody but us is rooting for a depression. Yes, there’s no point in hiding it. We would like to see a depression. Short, swift, and decisive – a quick and sharp end to the biggest credit...

Last time I wrote, the market looked toppy and I was anticipating a 2.5 week low Tuesday (which used to be the dominant 5 week lo). We rallied Wednesday after the expected selling then sold off the rest of the week. I had said that I expected a June 1 top, but...

The good news is: The NASDAQ composite (OTC) hit an all-time high in the past week. The negatives: New highs continued at weak levels during the past week while new lows increased slightly. Levels of new lows are not alarming, but the direction of the trend is.

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.

Silver is on major sell signal since 2011. Short term is on buy signal. A bear market bounce is at completion, expect lower prices ahead. Caution is advised.

Every new chemistry student is warned about the dangers of pouring water into acid. The water causes the solution to boil over violently, splashing concentrated acid out of the container.

What’s so curious is that just as the silver (and gold) COMEX price manipulation becomes more blatant and easier to prove, those being damaged the most by it, silver producers, are nowhere to be found; even though there is much they could do to end the damage...

Have the horses left the barn? One of the major tenants of Dow Theory is that the averages must confirm each other. The key to this basic tenant is that no important bull or bear market can take place unless both averages agree with each other. Originally, Dow...

A quick review for newer subscribers: In Q1 2013 we noted that the Semiconductor Equipment industry was in “ramp up” mode per a personal source in the industry. After that pivotal period, we have relied on the Semi Equipment ‘book-to-bill’ ratio as a monthly check...

There appears to be little or nothing in the monetarists' handbook to enable them to assess the risk of a loss of confidence in the purchasing power of a paper currency. Furthermore, since today's macroeconomists have chosen to deny Say's Law, otherwise known as the...

Yes, that’s correct. Something BIG is about to happen to silver. Now, how this plays out is hard to tell. Recently released new data points to a situation that will force a BIG move in the silver market. In addition, there have been some very interesting...

What’s so curious is that just as the silver (and gold) COMEX price manipulation becomes more blatant and easier to prove, those being damaged the most by it, silver producers, are nowhere to be found; even though there is much they could do to end the damage...

Tonight I would like to show you some really big consolidation patterns in regards to some big cap tech stocks mainly the networking and semiconductors. I have shown you some of these big bases in the past but now I’m going to create a brand new portfolio based just...

"The top 25 hedge fund managers made more than all the kindergarten teachers in the country," declared President Obama in a discussion of poverty at Georgetown University. Calling them “society’s lottery winners,” he proposed to hike their taxes.

Many experts and analysts believe a June rate hike seems very unlikely, but last Friday, Federal Reserve Chairwoman Janet Yellen hinted that one might happen as soon as the end of this year:

At the beginning of every quarter Wall Street places its overly optimistic GDP forecasts on parade. And by the end of the quarter, those same carnival barkers line up a myriad of excuses as to why the numbers fell short. Port strikes, a stronger dollar and snowier...

"The time had come, as in all periods of speculation, when men sought not to be persuaded by the reality of things but to find excuses for escaping into the new world of fantasy." – John Kenneth Galbraith, The Great Crash of 1929 via Hussman's Weekly Market Comment...

When the next big economic disaster hits, Washington will almost certainly choose to do something: cut taxes, increase spending, lower interest rates. There is another option, of course: do nothing. No fiscal or monetary stimulus. Let the fire burn the rot of excess...

I have been warning for some time that government was eyeing up pensions. The amount in private pension funds is about $19.4 trillion. The question that has been debated in secret behind the curtain is how to justify to the people taking that over. I have been...

Bill Bonner wrote a hypothetical college graduation speech which he did not present. What he would have said included: “You are heirs to claptrap, nonsense, bogus theories, and trillions of dollars in debt.

It always has been. And on a value basis, it’s also a good buy. Silver has been chugging more than gold…but once it pops up, it could take off like a bandit. There are many reasons why silver will go higher…and it’s just a matter of time. And as our dear friend...

Recently, I thought it would be fun to upgrade the turbo charger on my old car. No real good reason, other than it would be free (it was given to me) and interesting. It’s a very light car that feels like a little rocket (when it works)--a guilty pleasure.

Silver is on major sell signal since 2011. Short term is on buy signal. A bear market bounce is at completion and expect lower prices ahead. Caution is advised.

It is interesting to note that when the Dollar peaked in March, silver bottomed and began moving higher. The inverse relationship between the two is certainly not perfect…but this past week, as the Dollar moved higher once more, silver retreated from its overhead...

Last time I wrote, I was looking for a top in the stock market early last week near 2130-35 SPX and a 5% drop in silver. We got a 4.5% drop in silver and the stock market topped on Wednesday. Tuesday, May 26, I’m looking for a big drop in silver, perhaps as much as...

The good news is: Most of the major indices closed at all time highs at some time in the past week. The negatives: Considering the major indices are very near their all time highs, 52 week new highs of the individual issues are anemic.

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.

We are all prone to bias. If you are in sales with a big base metals mining firm, Fed easymoney policies will drive up copper or zinc. If you are with a big gold miner, it will drive up precious metal prices. If you are with a big oil company, Fed recklessness will...

The rule of law subjects the State to a fixed set of rules that limits the scope of its coercive powers. Individuals and their property are protected from the arbitrary, ad hoc actions of the State and other individuals.

Of course, the common conceptualization of hyperinflation it is a pretty unacceptable exercise for most. We can only tolerate it from only safe distances. Indeed, everyone’s favorite image of what the aftermath will look like was just upgraded in the new Mad Max...

Statistics have become very misleading: in particular we are being badly misled into believing that the US is teetering on the edge of price deflation, because the US official rate of inflation is barely positive, a level that US bonds and therefore all other...

Europe will lead the world into Economic Totalitarianism because government is now desperate to retain the euro. If the euro collapses, so will Brussels. The government exists solely because of the euro.

It is too early to call it a confirmed breakout, but the Bank index has popped above cyclical bull market highs. Weekly MACD and RSI both look good.

We know that most western governments are deficit spending, borrowing heavily, in debt beyond the point of no return and must increase taxes and appropriations from their citizens.

While my title was written a bit tongue-in-cheek, it is not terribly far from the truth. As we all know by now, the market triggered the bullish pattern we have been following for weeks. And, for those that remember the “evil plan” I outlined since we came into...