Silver Editorials & Commentary

Silver has suffered as a market pariah this year, dragging along doggedly near major lows. Investors have seemingly abandoned it to chase the Fed’s general-stock-market levitation, an affliction plaguing most of the alternative-investment realm. But rather...

Following up on my last article, it does look like stocks have begun to move down into the yearly cycle low that I was expecting. The failed breakout was a big warning sign. After a month and a half consolidation there was no reason for the breakout to fail. By the...

For long term investors and precious metals observers, the range-bound price action has rubbed salt into the open wound of short price sentiment. That is, if there is anyone left to remember the move up to $50 in 2011.

In a May 14 article, we discussed ways to reduce personal bias and increase investment flexibility. Since the present day market is continuing a pattern of schizophrenic behavior, we will discuss the use of guideposts as a portfolio risk management tool. Thursday,...

My wife Jo and I live in Central Florida, and having ridden out a few hurricanes in our lives, we’re as well prepared as we can be for emergencies. We have, among other things, a generator, food, batteries, candles, and a water purification kit.

Briefly: In our opinion speculative long positions are still favored (with stop-loss at 1,850, S&P 500 index). Our intraday outlook is bullish, and our short-term outlook remains neutral:

For a long time, many in the gold and silver communities have been say that the prices of the monetary metals are manipulated. Recently, one particular allegation came to prominence because it was asserted by the German regulator BaFin. This allegation is that the...

We all want: To become better investors. To improve our ability to probabilistically forecast future market outcomes. To reduce daily investment stress. To sleep better at night. If any of the points above apply to our current investment circumstances, it is highly...

A widely-held maxim tells us that money tends to flow from where it is treated badly to where it is treated well. This trend has taken center stage in the ongoing battle between U.S. states to attract and retain top employers. In that conflict, high tax states like...

The United States federal government currently has about $17.5 trillion in debt outstanding. What this means is that if the interest rate on that debt were to rise by even 1%, the annual federal deficit rises by $175 billion. A 2% increase in interest rate levels...

The bubble in silver and gold is coming – it did not occur in 2011. Expect stormy weather and higher silver and gold prices ahead. When? Ask the High-Frequency-Traders, JP Morgan, the Treasury department, or just wait for demand to overwhelm physical supply in the...

At any given point in time different markets are at different points in their long term cycles. Markets can be anywhere from just starting a new bull market to late in a parabolic top on the bull side. On the bear side once a market tops it tends to go through...

Stock prices have a high correlation to economic activity and earnings. History tells us bear markets are often kicked-off by recessions. The head of one of the nation’s closely watched manufacturing indexes says a recession does not appear to be imminent.

The press is demanding the attention of investors more than ever. Whether it was the recent jobs report or last week’s testimony from Janet Yellen, sorting through the market noise is no easy task. Since the world is so interconnected from Facebook to WhatsApp, a...

How important is housing to the American economy? If a 2011 SMU paper entitled "Housing's Contribution to Gross Domestic Product (GDP) quot; is right, nothing moves the economic needle like housing. It accounts for 17% to 18% of GDP.

Given financial markets have an almost infinite number of moving parts, it can be difficult to pin down why investor tone changes from one day to the next. Monday’s big gains came on a slow news day.

The broad stock market extends its short-term consolidation, as it trades slightly below two-month long resistance. In our opinion, it is not the time to be out of the long position just yet, because there have been no confirmed sell signals. Our long positions...

It is imperative to understand the dynamics between the U.S. dollar and the Japanese Yen in order to grasp what is occurring across international markets. Investors have been borrowing Yen at nearly zero percent interest rates and buying higher-yielding assets...

Current position of the market

Is silver presenting an even greater investment opportunity than gold bullion? It’s been well documented in these pages that demand for gold bullion is increasing and supply is declining due to lower prices. The silver market is going through the exact same thing....

The severity of the deterioration in the breadth indicators has been masked by the strength in the blue chip indices. This is typical at major tops. The secondaries lead and the blue chips are the last to fall. I expect the major averages to be lower on Friday May...

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.

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.

Wall Street’s advice on how to prepare for possible market corrections has always been the same. No matter what happens to the economy people will still have to eat, drink, and take their medicines. So consumer staples, food, beverage, healthcare, and drug companies...

Is any stockbroker going to say, “The figures look awful and unrealistic”? Of course not because they would ruin their own income so how independent and objective is your broker? They are not, they are like lemmings, and therefore any news good or bad will be...

Zero Interest Rate Policy (ZIRP) was instigated by a credit induced collapse of the US financial system and perpetuated in December of 2008 by desperate financial policy makers as a fix to problems they created in the first place.

Silver is a basket case in terms of paper prices and the emotions that come with it. Of course, the metal itself, (when held out of the system in personal position) does not do much at all. It is worthwhile to keep this in mind during the next inevitable illegally...

First, here’s some background. Two years ago this month, a subscriber (Dr. Jeff Lewis – www.silver-coin-investor.com) had a chance social encounter with an employee of the Government Accountability Office (GAO) and as a result suggested that I contact the agency...

The divergence in the NYSE and NSADAQ continues. We are looking for a resolution. But what is the timing? Here is our cycles and basic seasonality chart for your reference:

Hedging out the currency risk from international equities is currently en vogue after investors in the Japanese equity market dramatically enhanced their returns by hedging out the yen exposure in 2013. Market participants investing in international equities, must...

Briefly: In our opinion speculative long positions are still favored (with stop-loss at 1,850, S&P 500 index). Our intraday outlook is bullish, and our short-term outlook remains neutral:

Before we can move on to a hypothetical example of a difficult period for stock-and-bond-only portfolios, it is important to understand the concept of bond market vigilantes.

Janet Yellen has a BIG problem on her hands. The Fed has been tapering its QE programs to the tune of $10 billion per month or so. The problem with this is that the Fed is once again behind the curve and the markets are already smelling inflation.

After three months of consistently disappointing jobs numbers, the markets were as keyed up for a good jobs report as a long suffering sailor awaiting shore leave in a tropical port. The just released April jobs report, which claimed that 288,000 jobs were created...

Riddle me this: Why would anyone ever buy junk bonds or a junk bond fund? Before we get to the answer, I would like to point something out that seems to be a given, but that astonishingly few investors think about: bonds are debt instruments, so investing in bonds...

The S&P 500 closed at 1,848 on December 31, 2013. Fast forward 125 days and not much has changed. The S&P 500 was projected to open at 1,873 Monday morning. The number of inputs causing investors to pause in 2014 is almost unlimited, but we can zero in on...

Texas is oil country. The state I now call home leads the nation in oil production and would be one of the top oil-producing nations if it were its own country. But that doesn’t stop us from exploring other promising oil opportunities further afield. I recently...

David Tepper is the founder and manager of the multibillion dollar hedge fund Appaloosa Management. He is also well known for an appearance made in the financial media back in September of 2010. In that segment Tepper made the case to investors that stocks would go...

The broad stock market is expected to retrace some more of its last-week’s gains, as investors react to economic data announcements, negative geopolitical news. However, there have been no confirmed uptrend reversal signals so far and it seems that our profitable...