Silver Editorials & Commentary

Since the advent of the quantitative easing (QE), the Fed’s unprecedented attempt at reversing the impact of the credit crisis, many long-held beliefs and assumptions have been demolished. One of the most sacred assumptions on the part of investors and economists...

Last December, we explained why central bankers are terrified of economies that slip into a very difficult to stop deflationary spiral. European policymakers are not yet terrified, but it is fair to say they are concerned about what has been persistent low inflation...

It seems that nearly everyone is confounded by the record low bond yields that are prevalent across the globe today. If investors can correctly pinpoint the real reason behind these low sovereign debt yields, they will also be able to find a great parking place for...

With few exceptions, state and local pension funds are woefully underfunded. Five heavily populated states—California, Illinois, Ohio, New Jersey, and Texas—collectively lack $431.5 billion; money that won’t be paid out to hopeful pensioners. That’s according to...

“I would NEVER invest in a mining company—they destroy land, pollute our water and air, and wreck the habitat of plants and animals.” These were the points made to me by a woman at a social gathering after I told her what I do for living. She prided herself on her...

Stocks kicked off the trading week with a 7 point drop in the S&P 500 early in Monday’s session. When ISM news hit the wire, buyers stepped up.

Briefly: In our opinion speculative long positions are still favored (with stop-loss at 1885, S&P 500 index). Our intraday outlook is neutral, and our short-term outlook is bullish, following a breakout above consolidation:

SPX is giving us ample technical warning that it is coming into a short-term top. Besides approaching its projection target, it is also showing plenty of negative divergence in its hourly oscillators. At this stage of the current extended long-term uptrend, there...

Silver fix and London fix failure - the same pattern continues; it's still very much a COMEX (or New York centric affair). The predictable and manipulated price pattern continues, despite the growing awareness and attention given to price manipulation of the...

In May the blue chips were stronger than average for the 2nd year of the Presidential Cycle while the secondaries followed the seasonal pattern pretty closely, but with a positive bias. This is reminiscent of 1999. June should be interesting.

Silver is on major sell signal since 2011. Short term is also on sell signal. SLV is poised to test the 2013 low, caution is advised.

Current investing model favors equities and both the growth and energy sector are on major buy signals. Investors should stay invested and new money should wait for the 4 year cycle bottom in coming months.

Is it that enough positive economic reports are shining through the preponderance of dismal reports to keep the market’s spirits up? Or is it that irrational exuberance has reached the stage where the market has stopped looking at reality and believes only what it...

While numerous bearish calls have been made for stocks based on the recent strength in bonds, history says stocks and bonds can rise in unison for extended periods. We found five periods 2004-2013 when stocks continued to rise despite the “bearish” signals being...

It's no secret that demand for the U.S. Mint silver eagles coin has been unprecedented. It is a walk back through memory lane following the 1986 confirmation of the growing (exponential) popularity of the legal tender coin program.

The VIX Fear Index is arguably the most over-analyzed tool on Wall Street relative to its real-world predictive powers of where stocks are headed.

Briefly: In our opinion speculative long positions are still favored (with stop-loss at 1,885, S&P 500 index). Our intraday outlook is still bullish, and our short-term outlook is now bullish, following a breakout above consolidation:

When the next crisis comes—and it will—there will be bargains. But because of the Fed’s quick trigger, investors will have to act decisively to get a piece of them.

We have covered the topic of investor indecisiveness numerous times in recent months. This week, bank executives cited investor uncertainty as an ongoing drag on trading revenues.

The Minimum Wage is going up! Chicago and Seattle are looking at raising their number to $15 an hour while the President and numerous state and local leaders want a rise to ONLY around $10. These people are nuts! These people are socialists, but then I repeat myself...

Policies aimed at reducing the purchasing power of money are intended to fool people and businesses into unprofitable actions they would not otherwise undertake. For a brief period of time cheapening the currency lowers the cost of production, increasing apparent...

“I don’t know what to do,” said my good friend Rob after inviting my wife Jo and me to dinner for the third time in two weeks. “I know I should do something. Every time I think about it, it scares the hell out of me! Maybe I should just hide everything under the...

Statiscally, gold and silver prices closely follow each other.

The Bureau of Economic Analysis (BEA) recently reported that Q1 GDP was only 0.1% in the United States. Most of that anemic number was blamed on worse-than-usual weather. But it should be noted that if our government accurately accounted for inflation, it would be...

What an absolute spanking silver has taken over the past few years! There’s no two ways about it. Silver bulls must be experiencing that horrid feeling of complete despair after seeing the price walloped more than 60% from the 2011 all-time high of US$49.51. After a...

That is a normal and expected reaction given the fact that at least 90% of the economists in Academia refer to themselves as Progressive if not outright Socialists. The same is true for politicians the world over including right here in the good old USA regardless...

After 134 years of the economy and corporate earnings being the major driver of stock prices, the last 3 ½ years have shown that this is no longer the case; the US stock market has not been correlated to economic fundamentals. The major game changer has been the...

Two separate stories have painted an interesting picture for the silver market.

The good news is: The S&P 500 (SPX) closed at an all time high last Friday. The negatives: The market was pretty strong last week with the secondaries leading the advance. My guess is this is a seasonal bear market rally that began a few days early. I know...

On May 14, we noted that by continually evaluating both the bullish and bearish case for the market, investments and economy, we can reduce personal bias and increase investment flexibility, a key element of success. A week ago, it would have been easy to build the...

Current investing model favors equities and both the growth and energy sector are on major buy signals. Investors should stay invested and new money should wait for the 4 year cycle bottom in coming months.

Silver is on major sell signal since 2011. Short term is also on sell signal. Big trend is down with a multi month consolidation in progress, while COT data is not supportive of higher prices overall; caution and patience is advised.

As goes January so goes the year. Avoid the first two years of the Four-Year Presidential Cycle. Buy in the fall of the 2nd year of the presidential cycle and hold through to the end of the third year. Sell in May and re-enter in October.

The most common of all misconceptions today is that a weakening currency is fundamental to a healthy economy, or put another way, a strong currency is economically destructive. For decades this has been the fundamental belief of mainstream economists and the...

The particularly ruthless destruction of wealth that disproportionately have an effect on the poor and elderly is a process that slowly, then all at once, destroys the middle class - which has its roots in the debasement of money.

One of the questions most commonly asked by investors is why the economy has been so sluggish in recent years despite the Fed’s efforts at stimulating it? This question was recently asked of former Treasury Secretary Timothy Geithner by Time magazine. His answer...

What goes up must come down - at least in the real world of ordinary physics - and this reality seems to be setting in on USDJPY.

The main U.S. stock market indexes gained 0.8-1.0% yesterday, breaking above their recent consolidation, as investors’ sentiment improved following FOMC Minutes release, among others. The S&P 500 index remains slightly below its May 13 all-time high of 1,902.17...

Many, including CCM on May 16, have voiced concerns about the economic message being sent by small cap stocks in 2014. Comments similar to those shown below have been common and warranted in recent weeks.

If I asked you why you think I’m bullish on platinum and palladium, you’d probably point to the strikes in South Africa, the world’s largest producer of platinum. Or maybe the geopolitical conflicts with Russia, the largest supplier of palladium. Maybe you’d even...