Silver Editorials & Commentary

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...

"It is well enough that people of the nation do not understand our banking and monetary system; for if they did, I believe there would be a revolution before tomorrow morning." -Henry Ford. I have a small confession. I was lurking around my Facebook account the...

Silver broke out of its 5-month downtrend last week as expected, but, as with gold, the move was unfortunately not confirmed by action in stocks, which have continued to drift lower. When this fact is combined with the ramping of Commercial short and Large Spec long...

The broad stock market extended its short-term downtrend, as the S&P 500 index got closer to the level of 2,000. We continue to maintain our already profitable short position with entry point at 2,038 (November 12th opening price of the S&P 500 index). Stop-...

There is a significant risk that the financial effects of the collapse in the oil price could spread through the financial system. Already there must have been significant transfers of value through OTC derivative markets, whose gross notional value is about $700...

The market is oversold and seasonally this period of weakness ends around the middle of next week. I expect the major averages to be higher on Friday December 19 than they were on Friday December 12. If it is not for you, reply with REMOVE in the subject line.

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.

On December 11, 2014, the US House passed a bill repealing the Dodd-Frank requirement that risky derivatives be pushed into big-bank subsidiaries, leaving our deposits and pensions exposed to massive derivatives losses. The bill was vigorously challenged by Senator...

Gold Downtrend, Silver Volume, US$, GDX & GDXJ analysis via videos:

The prevailing valuations in the lofty US stock markets are increasingly becoming a bone of contention. Wall Street calmly asserts stocks are fairly valued or even cheap, since it has a huge vested interest in keeping people fully-invested. But a growing chorus of...

Alan Greenspan has popped back into the limelight and confirmed some of my worst fears (not that they needed much confirming). Here’s a recap of statements Greenspan made at the New Orleans Investment Conference:

Last week I wrote that contrary to the prevailing mood, US dollar strength could reverse at any time. This week I look at another aspect of the dollar, which almost certainly will become a significant source of supply: a global shift out of it by foreign holders...

Silver Eagle sales in 2014 have already broken the 2013 annual record with a few weeks of sales still left to be counted. As of December 11, the U.S. Mint reported that 43.1 million silver eagles have been sold so far in 2014. This compares to the 42.7 million...

Oil is not quite as powerful a weapon against modern-day Russia as one might think. By arguing that the slump in oil prices will finish off Russia just like it did the Soviet Union, Ambrose Evans-Pritchard, writing in the Daily Telegraph, is forgetting how far...

A few weeks back I wrote a piece titled Why Don’t You Believe Them?. The subjects were Paul Craig Roberts and David Stockman because both were previously employed at top level positions in Washington and are both are trying to warn a sleeping American population as...

The broad stock market extended its short-term downtrend. We continue to maintain our already profitable speculative short position. Stop-loss is at 2,085 and potential profit target is at 1,950 (S&P 500 index). It is always important to set some exit price...

This warning comes from “Big Al” Greenspan, age 88. He’s been in the news a lot lately, speaking with Gillian Tett of the Financial Times at the Council on Foreign Relations and at the New Orleans Investment Conference. After reading several reports of both events,...

After the U.S. Mint updated its bullion figures on Monday, 2014 Silver Eagle sales reached a new annual record surpassing last year’s total by nearly 200,000. Not only was 2014 a banner year for world’s most sought after official coin, the Silver-Gold Eagle ratio...

Some comments by John Mauldin towards the bottom of a recent article reflect popular opinions about money that can be summarised as: "a growing economy needs a growing money supply" and "there isn't enough gold in the world for gold to be used as money today". These...

It has been a rough year for Russian stocks. This is shown well by the Market Vectors Russia ETF in red and especially against the volatile but upwardly moving S&P500 in blue. When some time is taken to study this chart, however, it is clear that the true...

This year witnessed the bottom of one of several components of the 120-year cycle of inflation and deflation. The cycle to which I’m referring is the 24-year cycle. Of particular relevance is that this cycle answers to the cycle of war.

Negative interest rate policy (NIRP) has arrived to the U.S. for large deposits at commercial banks. This is something we have already seen in Europe over the last few months and a sign (at least to me) that stress is again building. As of January 1st, bank capital...

The official US National Debt is about $18,000,000,000,000, or 57 times the current market price of the US gold SUPPOSEDLY stored at Fort Knox, the NY Fed, and elsewhere. With so much paper in the system, it is easy to see why the Fed publicly denigrates gold.

By most accounts, major U.S. markets have performed positively this year, generating significant wealth for many investors. The S&P 500 Index has made fresh highs pretty regularly and is currently up 12 percent, and so far the Nasdaq Composite Index has returned...

Now it gets interesting because early in the bailout process the Fed talked about achieving certain employment milestones before hiking interest rates. Here we are at the 10th consecutive month with 200,000+ job gains (321,000 in November) and the jobless rate down...

Stregths

A lot of attention was given to the Russell 2000’s Death Cross put in this past September and for good reason. When this small cap index’s 50 DMA crossed below its 200 DMA under the similar technical circumstances of a near/medium-term sideways trend, it has led to...

The broad stock market slightly extended its long-term uptrend, as it reached another new record high on Friday. There have been no confirmed negative signals so far. However, we still expect a downward correction or an uptrend reversal. Therefore, we continue to...

Of all the problems with fiat currency, the most basic is that it empowers the dark side of human nature. We're potentially good but infinitely corruptible, and giving an unlimited monetary printing press to a government or group of banks is guaranteed to produce a...

SPX has reached an area of strong resistance which is reinforced by a cluster of Fibonacci targets. As a result, it would not be logical to expect much more price appreciation in this index. That does not mean that we can expect a significant correction to occur...

Silver is on major sell signal since 2011. Short term is on buy signal. COT data indicates weak support for silver, and unless OI picks up, prices will be under pressure.