Silver Editorials & Commentary

We have been hearing for several years now that Inflation is too low. The implied problem is that, if we want to stimulate our Economy to produce more jobs, Inflation is the way to do it. And, God forbid, we should slow Inflation down so much that… Gasp!… prices...

It suddenly seems as though the good times in equities might be ending. Though my perspective is based only on “gut feel”, there seems to be an underlying level of fear that has crept into the markets. If so, it’s a real problem for equities. Any market trading at...

It is absurd to believe that the inhabitants of the Eccles building in D.C. promote a strong dollar policy. Printing $3.8 trillion dollars and keeping interest rates at zero percent for going on the seventh year can hardly be confused with a hard-currency regime....

The broad stock market sold off on Friday, following some uncertainties, ending of the relatively volatile month, among others. It continues to look like a medium-term consolidation following last year's October-November rally, however, the index trades at this...

Business Insider just posted a Deutsche Bank chart that illustrates the difference between life under the Classical Gold Standard and today's "modern" forms of money. It's for the UK only but is a pretty good representation of the world in general.

Last week’s continued weakness -- especially considering Friday’s close – added to the perception that SPX may be rolling over in preparation for an intermediate decline. Over the past few weeks, it has systematically eaten away at a substantial support zone and...

I have been calling for new rally highs in the Australian stock index, the ASX200, and nothing has changed my view on that. The only thing that has changed is my confidence - it has increased. Let’s find out why beginning with the weekly chart.

Melanesia includes island countries like Vanuatu, the Solomon Islands, Fiji, and Papua New Guinea. During World War II and other colonization eras, there developed what is called the Cargo Cult. One main idea of the Cargo Cult was that it was the building of runways...

The OTC was down in January for only the 2nd time in its history, during the 3rd year of the Presidential Cycle, since 1963. The other down 3rd year January was 2003 when it went on to finish the year up 50%.

Silver is on major sell signal since 2011. Short term is on buy signal. COT data is not supportive for higher prices overall.

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.

Just after I signed the publishing agreement for my first book, The Colder War, I realized how much research I was going to end up doing, specifically in areas that I never thought would be so integral to my subject area: energy and mining. Along the way, I came...

One of the great debates today between left and right is whether government stimulus is worth it. The left says “yes, early and often.” And the right says “only in the right circumstances.” Unsurprisingly, both left and right are completely off — stimulus is the...

A week ago we learned that the king of Saudi Arabia, Abdullah bin Abdulaziz Al Saud, passed away at the age of 90. Following the announcement, crude oil immediately spiked 2.5 percent over uncertainty of how this might affect the Middle Eastern kingdom’s position on...

Mark Hulbert has a piece this morning at MarketWatch in which he de-correlates the first Fed interest rate hike from any supposedly corresponding stock market movements. I agree with some but not all of what he writes. Let’s take it a chunk at a time.

Since my early 20’s, once I had a job and some sort of cash flow that was the real beginning. I did buy a few silver coins as a kid…but nothing of significance.

Briefly: In our opinion, no speculative positions are justified.

Our intraday outlook remains neutral, and our short-term outlook is neutral:

Intraday outlook (next 24 hours): neutral

One key perk to working alongside investing seers is the opportunity to ask them the big questions. Wondering what lies ahead, I asked Casey Research Chief Economist Bud Conrad and technical analyst Dominick Graziano to share their views on what investors should...

Over the last 100 years the Fed has had many mandates and policy changes in its pursuit of becoming the chief central economic planner for the United States. Not only has it pursued this utopian dream of planning the US economy and financing every boondoggle...

The Swiss yield curve looks like nothing so much as a sinking ship. All but the 20- and 30-year bonds are now below the water line.

Bank economists and bearish gold gurus continue to err on their gold price predictions. The huge declines they promised in 2014 on the taper never materialized. They promised that 2015 would bring much lower prices. Instead, gold has already rallied strongly, as I...

India’s customs department, Directorate General of Commercial Intelligence & Statistics (DGCIS), just released the QUICK ESTIMATES FOR SELECTED MAJOR COMMODITIES for December 2014. According to the DGCIS the figures for December are provisional and subject to...

Until the ECB announcement of €1 trillion in QE, the equity markets were struggling to maintain their upside, near-vertical trajectory. The equity market Cycles seemed to have recently changed in character, and were at serious risk of rolling over and failing. And a...

This week we will cover the ECB QE action, Euro, USD and their implications for global trade. We’ll also update a still-intact rally in gold, silver and the miners along with some (NFTRH+) trade opportunities. But first let’s review December’s Semiconductor...

The paper currencies of all countries fluctuate in exchange rate for several reasons, mostly (but not always) due to government policies. The exchange rate for the Euro (since 1999 when the Euro was introduced) vs the US Dollar, started around $1.18, dropped to $0....

Five days ago silver broke out of an inverse H&S bottom that has temporarily reversed the downtrend. I measured the more conservative price objective using the higher low instead of the Swiss spike low which comes in around the 19.80 area on the log chart. It...

The fear of deflation has become the cornerstone of Keynesian economic thought. A lack of inflation has been used to explain periods of economic weakness from the Great Depression of the 1930’s, to the Great Recession 2008-2009. And now, that philosophy has been...

The broad stock market retraced some of its earlier gains on Friday, as investors took profits off the table. It still looks like a volatile medium-term consolidation following last year’s October-November rally. We prefer to be out of the market, avoiding low risk/...

You may have heard the news, the European Central Bank have started up the printing press. They are soon to print upwards of €60 Billion a month. The crowds of economic pundits have collectively cheered. Ireland stands to enjoy significant near term benefits, but at...

Every country aims to lower inflation, unemployment, and lending rates, while increasing gross domestic product (GDP) per capita. Through a simple sum of the former three rates, minus year-on-year per capita GDP growth, I constructed a misery index that...

The ECB came to the rescue last week promising a gush of liquidity for the next 2 years. That action may allow our own FED to proceed with their announced intention of raising rates later this year. Liquidity no matter where it comes from is a positive for the...

Silver is on major sell signal since 2011. Short term is on buy signal. COT data is not supportive for higher prices overall.

Current investing model favors equities over bonds, therefore, investors should stay invested and overweigh their portfolios with growth stocks. Our long term equity/bond model may have a new status by month end.

Now that 2014 has closed, we want to present our view of where markets are headed in 2015 in a series of articles. This weekend we cover real estate and the economy, something slightly different than what we normally cover in our daily market reports to subscribers...

The Swiss have been known for many things. They are renowned chocolate and watch makers as well as financiers. They are well known as a very low crime society where nearly everyone has a gun (maybe this is why crime is low?). But their greatest claim to fame has...

On Thursday, January 15th, the Swiss National Bank (SNB) discontinued its three year effort to maintain its minimum currency floor of the Swiss franc. In a single day the move sent the Swiss Franc (SWF) climbing a massive 21% against the U.S. dollar and 41% against...

The central banks of the world continue to shock markets. “Shock” was a word used to describe the completely unexpected rate cut by the Bank of Canada (BofC) on Wednesday January 21, 2014. It was not quite in the same league as the shock delivered by the Swiss...

We believe that the U.S. dollar index is poised to continue moving higher on the back of its 2014 rally. Our view is based on the bullish long-term chart technicals that are behind our target of 120 set back in 2011.

Safe to say, with oil cut in half, precious metals prices contained below $20, and both housing and equities booming on little to no real economic growth, we are at peak ignorance in terms of monetary understanding.

Sometimes, people make stupid choices. Wait! Let me be more kind. Sometimes, people make choices, which don’t work out as well as they had hoped. You may have a passion for reproductions of historic horse and buggy rigs, and you decide to invest your life savings to...