Silver Editorials & Commentary

The broad stock market slightly extended its rally on Friday, as the S&P 500 index reached new all-time high. We can see some short-term overbought conditions, however, there have been no confirmed negative signals so far. Therefore, we prefer to be out of the...

The market has been following the average seasonal pattern very closely. That pattern calls for prices to drift upward on low volume. I expect the major averages to be higher on Friday January 2 than they were on Friday December 26.

Silver is on major sell signal since 2011. Short term is on sell 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.

“Memory is fiction. So is the future…But there is some truth in fiction.” When they woke Thursday morning, the banks had been closed on the east coast for 2 hours. Electronic payment systems worked select areas only, government services, food, and energy...

As 2014 comes to an end, precious metal investors overwhelming chose Silver Eagles as the clear winner. Not only did the sales of Silver Eagles hit a new record in 2014, the ratio to Gold Eagle sales were off the charts. In just five years, sales of Silver Eagles...

Fed-inspired lyrics sung to the classic tune of the Twelve Days of Christmas.

Bankers – facing a barrage of new capital requirements, regulations and investigations – must feel as if they are targets of a witch hunt. Well, if the truth be told, they are. Indeed, it’s gotten so bad that the Dutch authorities, who were clueless before the...

Examine the following chart of monthly crude oil prices. In the past 26-years crude oil prices have crashed 65%, 59%, 54%, and 76%. The current crash is about 51% so far. Examine the following chart of monthly silver prices. You can see similar crashes of 64%, 46...

If you only paid attention to the mainstream media, you’d be forgiven for thinking that the US is going to get away from the collapse in oil prices scot free. According to popular belief, America is even going to be a net winner from cheaper oil prices, because they...

In an October 2008 op-ed in the New York Times, Warren Buffett famously advised: “Be fearful when others are greedy, and be greedy when others are fearful.”

Some years back, my wife and I embarked on a cross-country trip in our first motor home. Driving a 40-foot bus was a bit frightening at first. I was poking along in the center lane of I-75 and big tractor-trailers were whizzing past me.

As the price of silver fell to a new low in November, India imported a record amount of the shiny metal. Demand for the physical metal was so strong, India nearly imported the same amount of silver in the month of November that it did for the entire year in 2009....

Gold traders were bullish for the fourth-consecutive week. The increased optimism related to gold prices stems from the recent turmoil in global markets as well as the continued dovish stance by the Federal Reserve.

With the utterance of one word, “patience” in reference to the Fed’s anticipated lift off date from its zero bound interest rate target, Janet Yellen sent the Dow Jones soaring over 700 points in two days. It is clearly evident that our central bank is finding...

At this time last year, most big bank analysts and strategists were calling for the 10-year yield to climb above 3.50% in 2014 as rates rose on the Fed’s plan to taper its bond buying program.

The broad stock market continued its rally on Friday, following a sharp rebound off last week’s lows. We can see some short-term overbought conditions, however, there have been no confirmed negative signals so far. Therefore, we prefer to be out of the market,...

In the spirit of the holidays, I’m sharing a happy truth: many people do, in fact, retire rich. Who are these rare birds and what can they teach us?

The next 2 weeks are seasonally strong with very low volume. I expect the major averages to be higher on Friday December 26 than they were on Friday December 19.

The sudden dramatic collapse in the price of oil appears to be an act of geopolitical warfare against Russia. The result could be trillions of dollars in oil derivative losses; and the FDIC could be liable, following repeal of key portions of the Dodd-Frank Act last...

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.

The political class breathed a sigh of relief Saturday when the US Senate averted a government shutdown by passing the $1.1 trillion omnibus spending bill. This year’s omnibus resembles omnibuses of Christmas past in that it was drafted in secret, was full of...

The observation of modern finance through the lens of sound money requires an onion peeler. Each time I imagine onions, I think of my soft contact lens patients; the ones who abuse them. I think of the patients who wear them too long or through periods of mild...

The harsh reality is that U.S. shale fields have much more to fear from plummeting oil prices than the Russians, since their costs of production are much higher, says Marin Katusa, author of The Colder War: How the Global Energy Trade Slipped from America’s Grasp....

One study done by Wells Fargo earlier this year found that nearly half of Americans find it harder to discuss money than other touchy topics such as politics or religion. Even after being married to someone for years, talking about money isn’t always easy –...

Trading position (short-term; our opinion): No positions are justified from the risk/reward perspective. The price of crude oil declined yesterday once again - was the bottom reached yet? In our opinion - not yet, but it could be the case that we'll see some kind of...

Stocks are rallying hard for three main reasons: Janet Yellen’s press conference managed to confuse everyone into thinking that the Fed might prop stocks up longer. The Swiss National Bank cut interest rates to negative in an effort to depreciate the Franc. It’s...

The broad stock market bounced off support level, as the S&P 500 index continued to fluctuate along the level of 2,000 yesterday. Expectations before the opening of today’s trading session are very positive, however, we still continue to maintain our short...

The Dow made marginal all time highs in early December before turning back down. Many people are now jumping at shadows with every correction that takes place. This is understandable given the Dow’s precarious position but it is my opinion that the ultimate top is...

While the rest of the world is on the brink of recession, the US might increase interest rates, and the US dollar could continue its upward trend, which started in 2011, for 5-7 years.

When it comes to Oil, OPEC matters, as does Oil Shale, production cuts, geopolitical risk, etc. However, the reality is that all of these are minor issues against the MAIN STORY: the $9 TRILLION US Dollar carry trade.

The Ukraine crisis has moderated for now, but it should have awakened the world to the new “great game” being played in Eastern Europe. Vladimir Putin is positioning Russia to control the global energy trade, knowing that he holds the trump card: Europe’s dependence...

The Great Bakken Oil Field suffered a setback in October as production declined 1,598 barrels per day compared to the previous month. The industry blames the decline on drillers scaling back on production due to the new flaring mandate that requires companies to...

The central bank and government “plan” seems to be: create more inflation, levitate the stock and bond markets, encourage military action, foment another and larger war, create much more debt, extend and pretend regarding global economies and doomed fiat currencies...

To say that events are now taking place at the speed of light is an understatement. It was just last Monday, I wrote a missive entitled "The Mother of all Bank Runs." In it I wrote about the German and Dutch repatriations of gold which was then followed by the...

The FED’s easy money has encouraged rampant energy speculation and over-investment, resulting in more than $500 billion in new loans and investments in just the past 4 years. And so long as Crude prices stayed comfortably above $90, investments made money and...

Total silver industrial demand is forecast to grow 27 percent, adding an additional 142 million ounces of silver demand through 2018 compared with 2013 levels, according to a new report issued today by the Silver Institute.  Half of this growth will be accounted for...

At the prodding of a NFTRH subscriber who was combing through old issues, I went back and read NFTRH 7, from November of 2008 and was struck by how things have really not changed in the last 6 years of non-stop inflationary policy; they have intensified and gone...

We have happened upon that time in the investment cycle when investors vastly eschew active management of their assets in favor of a more passive management style. In fact, I read recently 461 Hedge Funds, a hallmark of active investment management, shut their...