On April 8, we outlined reasons to be concerned about stocks. The Fed pays close attention to the market’s risk profile; maybe they didn’t like what they saw. In addition to the Fed minutes that were released Wednesday, Charles Evans seemed to be carrying the “talk...
Silver Editorials & Commentary
Read the latest silver market commentary, editorials, essays and reports about investments and trends in the silver market and the economy in general.
April 9, 2014
The Gold/Silver Ratio (GSR) is a key indicator in the analysis of the silver and gold markets. This ratio (or chart of the ratio) is probably one of the most difficult to analyse. One has to take a real close look at the ratio in order to find what actually drives...
Get your free copy of this detailed 54 page Silver Investing Guide. Inside this comprehensive guide, you'll discover: what drove silver's historic surge, the gold/silver ratio strategy that delivered exceptional returns, why analysts forecast prices well into the hundreds, the 5-year supply crisis, how to invest after a major rally, and more. Read More.
April 8, 2014
The big picture is still constructive for equities from an economic perspective. A recession does not appear to be imminent. However, market corrections can occur during periods of economic expansion. Our market model has called for a reduction in equity exposure,...
We are about to see the end of our current international monetary system. Based on much of the evidence that I have written about previously, this appears to be a certainty. The systematic build-up of this current monetary order went together with the gradual...
I have recently received a number of e-mails, phone calls and texts asking if we have recently seen a “Dow Theory Buy Signal.” As I understand it, this question was prompted as a result of the Industrials and the Transports having moved to new intraday highs last...
"The chaos that one day will ensue from our 35-year experiment with worldwide fiat money will require a return to money of real value. We will know that day is approaching when oil-producing countries demand gold, or its equivalent, for their oil rather than dollars...
April 7, 2014
The big story developing in the US markets regards the sudden crackdown by regulators, most notably the SEC and Justice Department, on High Frequency Trading or HFT.
The entire global economy now clings precariously to one crucial phenomenon. That is, how much longer can the central banks of the developed world artificially suppress interest rates at near zero percent?
So, was Friday's selloff a new downtrend or just a short-term pullback? It's a tough call right now - the signals are mixed and the outlook is unclear. The reason is that the S&P 500 index has invalidated its recent breakout into new all-time highs - extending...
The cardinal characteristic of platinum is its extreme SCARCITY. Consider: The annual supply of platinum is only about 130 tons - which is equivalent to only 6% (by weight) of the total Western World's annual mine production of gold - and less than 1% of silver's...
Long-term precious metals investing as an option against disaster and financial collapse. It is fundamental motivation for many. The view from this precipice is lonely yet revelatory beyond compare.
April 5, 2014
Japanese Prime Minister Shinzo Abe’s “Abenomics” goal was to end a long miserable decade and a half of deflation by kick starting the economy. This was going to happen because of massive yen creation. The fiat balloon would induce consumers to spend and corporations...
The good news is: The blue chip indices hit all time highs in the past week. The negatives: In the past week the S&P 500 (SPX) closed at an all time high and the Dow Jones Industrial Average (DJIA) missed its all time high by just 3 points. The Russell 2000 (...
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 more speculative than gold and continues to under perform which implies more weakness for the intermediate term.
Critics of technical analysis often mistakenly believe that using charts discounts the importance of fundamental data, such as earnings, employment, and economic growth. Charts allow investors to monitor the aggregate investor interpretation of all the fundamental...
April 4, 2014
As we move into April, it’s important to look at the stock market’s long history of making most of its gains each year in a favorable ‘season’ of November to April, while most of its corrections and bear market down-legs take place in an unfavorable season from May...
As the Ukrainian crisis unfolded threats of financial war came from Russia and to a lesser extent from the E.U. and the U.S. They were not carried out except a few sanctions targeting key personnel in Russia. These were shrugged off and the crisis appears to have...
Well – there it is – almost – again. Yes, I am talking about a potential Death Cross in the 10-year U.S. Treasury yield and something that I have been waiting for quite patiently for nearly a year now.
April 3, 2014
Driven partly by hopes Chinese officials will implement some additional and fairly significant reflation projects, emerging markets stocks (EEM) have performed well recently relative to the S&P 500 (SPY).
The U.S. stock market indexes gained 0.2-0.3% on Wednesday, slightly extending their recent move up, as investors awaited Friday’s unemployment data release. The S&P 500 index has reached a new all-time high at 1,893.17. The nearest important resistance is at...
April 2, 2014
For all the bullish 2014 expectations among Wall Street analysts, few if any consider the impact of the long-term cycles. After all, it’s in late 2014 when several major long-term yearly cycles are scheduled to bottom in unison, from the widely followed 4-year...
In an April 1 article, we cited two midterm election years, 1986 and 1994, as cases where assuming stocks would follow the accepted midterm correction script proved costly. Today, we will look at midterm election years that experienced a mid-year correction and...
The whole “recovery” in Europe never made much sense to us. We are told repeatedly that Europe has passed through the storm, that the EU economy and financial system are on the mend, and that Europe is now the place to be investing.
If you work on Wall Street or follow the markets closely, you have undoubtedly heard that “stocks typically correct in midterm election years”, which is a relevant and factual statement. Our purpose here is not to question the validity of anyone’s analysis, but...
April 1, 2014
Commodity returns vary wildly, as experienced resource investors can attest and our popular periodic table illustrates. This inherent volatility can spell opportunity for the nimble investor who can look past the mainstream headlines to identify hot spots. Our...
Precious metals retailer Tanaka Kikinzoku Jewelry has reported a five-fold surge in sales of gold bars this month, according to the Financial Times. The FT reported: ‘At the company’s flagship store in Ginza on Thursday, people queued for up to three hours to buy...
March 31, 2014
Last week Janet Yellen spooked the markets by hinting an interest rate hike may be coming sooner than many market participants were expecting. Monday, the Fed Chairwoman highlighted the need for a dovish stance on rates. If you follow the markets closely, you have...
March 30, 2014
“By the Law of Periodical Repetition, everything which has happened once must happen again, and again, and again -- and not capriciously, but at regular periods, and each thing in its own period, not another’s, and each obeying its own law … The same Nature which
Once price becomes untethered from these 'management of perception trading events', we will be in brand new territory. It will be a place where the true invisible forces will have a clear path toward moving us toward the natural price equilibrium; and at a much...
On March 20, 2014, European Union officials reached an historic agreement to create a single agency to handle failing banks. Media attention has focused on the agreement involving the single resolution mechanism (SRM), a uniform system for closing failed banks. But...
March 29, 2014
Silver is more speculative than gold and continues to under perform which implies more weakness for the intermediate term.
The good news is: In spite of a pretty rough week for many of the indices, new lows remained at benign levels. The negatives: The new high indicators continued to deteriorate last week. If we get a rally to new highs (which is in the cards seasonally), the highs...
March 28, 2014
Even with the Fed trying to cut back on their stimulative efforts, U.S. investors are still being impacted by talk of new programs in China and Europe.
Over my 27 years in the business, I often discuss bull and bear markets with investors. A couple of popular beliefs frequently surprise me. The first is that bear markets are rare events. Investors are still surprised, some even shocked, that two bear markets, 2000-...
Chart Analysis Gold Fibonacci, Silver, US T-Bond, Gold Stock Trade Strategy via videos.
Warren Buffett took a shine to silver. So did the Hunt brother oil barons... WHY have there been two major corners of the silver market in recent history? asks Miguel Perez-Santalla at BullionVault. In 1980, the year I started working in the marketplace, the price...
When in the course of human events it becomes necessary for one…. We’re sure that almost all of you will recognize the beginning of this historic document. Notice its title; it was a declaration. Could just as easily have been called an affirmation. But it merely...
Silver has been in a bear market for almost three years and the recent lack of strength suggests the metal could be headed for new lows. New lows are always bearish until the last one. Our technical work suggests that we should watch for a final low and end to the...
The story that commodities are at the centre of China's shadow banking system has gained prominence in recent weeks. No firm evidence has been presented to confirm the scale of these activities, bearing in mind China's State Administration of Foreign Exchange (SAFE...












