Silver Editorials & Commentary

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.

Today's US employment report was the best in years. 300,000+ new jobs, rising wages, fewer people dropping out of the workforce, the whole package. Very hopeful. And also curious, since the rest of the world seems to be moving in the other direction. Consider:

The good news is:  The Dow Jones Industrial Average (DJIA) and S&P500 (SPX) closed at all-time highs on Friday.

Current investing model favors equities over bonds, therefore, investors should overweigh their portfolios with growth stocks.

A story has been echoing around the financial news for a few weeks. One article about it, It’s official: America is now No. 2 by Brett Arends at MarketWatch, came to my attention. Arends asserts that the Chinese economy is now larger than the economy in the US. Here...

Despite falling oil prices, the Organization of Petroleum Exporting Countries (OPEC) voted on November 27th not to cut production in order to boost prices. The key to this decision appears to have been the attitude of Saudi Arabia, which has long been the first...

A friend recently sent me a picture of a 1957 $1 silver certificate he found in his change while buying a cup of coffee. He’d been a coin collector as a kid and learned that his father carried nearly the same note in his wallet.

With the paper price of silver now below the break-even for the majority of the primary silver mining companies, India imported a massive 1,243 metric tons of silver in October alone. What is quite interesting about this figure is that it comes in at one metric ton...

In ancient Greek mythology, the Titan Atlas was charged with holding up the world. Today, that task largely falls on the shoulders of American businesses. For the month of November, the Manufacturing Institute for Supply Management (ISM) reading was 58.7, marking...

Consumers are most likely elated about the recent drop in oil prices that has quickly translated into a drop in gasoline prices. It could also help the economy. The IMF has calculated that a 30% drop in oil prices could boost GDP by 0.8%. The drop is estimated to...

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

The ongoing slump in oil prices looks set to take their toll on London’s “super prime” property markets with attendant consequences for the rest of the London property market. Foreign money that had been flooding into the UK from a whole array of international...

On silver’s 6-month chart we can see how it broke well below its November lows in the early trade yesterday, in response to the “No” vote in Switzerland on the referendum on whether to partially back the Swiss Franc with gold, but then it came back strongly on big...

On the weekend of November 16th, the G20 leaders whisked into Brisbane, posed for their photo ops, approved some proposals, made a show of roundly disapproving of Russian President Vladimir Putin, and whisked out again. It was all so fast, they may not have known...

This topic is really an extension of last week’s note, but one that will perhaps make more of an impression now considering the truly bearish action in crude and copper last week. Crude oil closed down 13.7% on the week after OPEC decided to keep its production...

There is a perfect word that describes the current condition of governments and consumers around the world today. The word is obdurate, and it means to be stubbornly persistent in wrongdoing.

The broad stock market remains relatively close to its all-time high. There have been no confirmed negative signals so far. However, we still expect a downward correction or an uptrend reversal. Therefore, we continue to maintain our speculative short position. Stop...

The US dollar has surged in recent months breaking some obvious resistance levels. This has brought out many calls for an even bigger move up. While this is possible, I suspect a big fake out move is in play. Let’s investigate.

Silver remains on major sell signal, however, prices are now at 200ema support and a major buy signal can materialize in the months ahead.

Current investing model favors equities over bonds, therefore, investors should overweigh their portfolios with growth stocks.

The market has been following the average seasonal pattern pretty closely…and that pattern calls for another week of gains. I expect the major averages to be higher on Friday December 5 than they were on Friday November 28.

Gold Cost, Silver, US$, GDX & GDXJ analysis via videos.

The broad stock market is in a short-term consolidation, as it moves along record highs. There have been no confirmed negative signals so far. However, we still expect a downward correction or an uptrend reversal. Therefore, we continue to maintain our speculative...

I’m not a real farmer. But I suffer the lessons and I do my best when I talk with friends, neighbors, and families about the unintended benefits of ‘growing your own’...There is universal agreement about the problem of not really knowing where ‘the food’ comes from...

The Bovespa is the Brazilian stock index and is based out of Sao Paulo. Let’s take a top down approach to the technicals beginning with the yearly chart.

This past Thursday I was speaking with John Embry regarding the massive 80 ton sale of gold futures the day before in a tight 15 minute window. We talked about how egregious the suppression has become and the "scorched Earth" policy employed over the last couple of...

The broad stock market is in a short-term consolidation, as it moves along record highs. There have been no confirmed negative signals so far. However, we still expect a downward correction or an uptrend reversal. Therefore, we continue to maintain our speculative...

It’s my last article before Sunday’s “decision of a lifetime” – in which the Swiss people not only have the ability to save their finances, reputation and currency but deliver hope to the billions suffering from Central bank monetary atrocity. Sadly, the vast...

Back in the olden days, before the advent of digital cameras, photographers used a curious thing called film. Surely you remember having to feed a roll of the stuff into your analog camera. Then you’d take the roll to your local drug store and wait a week for it to...

Last month kicked off a new long-term Kress cycle. The Kress cycle, which answers to the Kondratief wave of inflation/deflation, is responsible for the overall climate of economic and financial market conditions in the U.S. This long-term cycle also influences the...

According to GFMS, the world is expected to see a peak in silver mine supply in the next 2-3 years. This statement including this year’s supply and demand statistics were released in the GFMS 2014 Silver Market Interim Report for the Silver Institute.

Each week the CFTC publishes a Commitments of Traders Report (COT) in which “non-commercial” and “commercial” long and short futures positions are reported. Many people have expressed doubts as to the validity, accuracy and consistency of the data. However, my...

Is it even possible today to retire rich? The short answer is “yes.” We all know people who have done just that. Watching your neighbors Bob and Betty Rich live the good life well into their 90s only tells you it’s possible, not whether you’re prepared to do it too...