Silver Editorials & Commentary

As we prepare to close the books on 2013, investors are being hit with a variety of financial forecasts for 2014. Are we better off basing investment decisions on forecasts or a method based on observing, tracking, and adjusting?

Look closely at this chart. The timing is near perfect. All silver lows take place at # 3 low. The silver bulls are just about ready to begin their ultimate stampede all the way up to # 1 - # 2. Either join those few knowledgeable bulls or get out of the way to...

The coming explosion in the value of silver will be a shock to the world due to the failure of the analyst community. I am completely amazed at the lack of quality analysis today. Except for a few good analysts, there’s a sea of lousy ones who continue to put out...

As the Christmas season passes, and the end of 2013 is upon us; this is a natural time to reflect upon what has transpired over the last year in the precious metals sector. Obviously 2013 will not be viewed as a good year, in retrospect, by precious metals investors...

Why was the stock market able to break out from the 13-year consolidation pattern we covered last Friday? The bigger picture answer may lie in the answers to these five sub-questions: Does economic data support an imminent recession? Is Europe on the brink of a...

In the last Market Overviews (and also to a considerable extent in the last several Premium Updates) we have discussed in detail differences between tapering and tightening. As we have stated, a personal change of the Fed’s chairman will not change the essence of...

Mr. Bernanke, in a move made mostly to bolster his legacy, stated in his final press conference as Chairman of the Fed that he would start to reduce asset purchases in January of 2014. Nearly every advisor on Wall Street took the news as evidence the Fed can now...

So, what the heck is going on with Silver? One can go nuts reading reports that silver is going to go through the roof while at the same time looking at its price which seems to be heading more towards the basement. Is this the storm before the calm?

One can never read tomorrow’s news today, but developing market activity can give one a higher degree of probability as to what, if not tomorrow’s then what the news will soon be sometime after. Facebook is a case in point. The Guardian ran an article on Friday,...

The good news is: All of the major indices closed at all time or multi year highs on Thursday. The negatives: There are no negatives, the market is in holiday mode, rising on low volume. The positives: Seasonality rules. The NASDAQ composite (OTC) has not been...

Psychologists say much of the reason investors have such a dismal record of buying high and selling low, of being excited and buying enthusiastically at market tops and then bailing out in disgust at market bottoms, can be explained by the ‘recency bias’ of the...

Thin holiday markets have yielded a surprise strong performance by the metal sector, not least silver and platinum. The move came during a week where US stock indices extended their gains to new all-time highs and ten-year bond yields climbed back towards three...

Much confusion persists regarding the method, or mechanics, of how the big banks are able to push the price of precious metals around at will for so long.

Chart analysis on Silver & Gold via videos.

The metal and related stocks appear poised for upside. I know what you’re thinking: How can this be? The deck has been stacked against gold and silver all year — from a drop in inflation to the craziness over Bitcoin by the anti-fiat currency types to last week’s...

Those looking for economically illiterate proposals can have a field day reading Ezra Klein's "Wonkblog" on the Washington Post. In Full Employment Gives People Jobs Klein states (citing two others) "The Federal Reserve Bank’s focus on keeping inflation below 2...

2013 has been a brutal year for silver. And a brutal year for a metal obviously doesn’t bode well for its mining stocks. Companies that have been exploring for deposits, developing mines, and producing silver have sadly become the pariahs of the markets. But if...

We were asked by a friend in the media for one prediction for 2014 and a brief explanation of our position. Silver rallies 50% as inflation expectations rise and worldwide growth reaccelerates.

As silver closes out 2013 with its second straight annual loss, many are asking when (or if) silver has bottomed. I believe that silver has either made a bottom—or is awfully close to making one. This case is made all the stronger by the complete demoralization seen...

Now What? This is What : “The question now is whether or not this is the start of a larger topping scenario and the answer to that question is for now at least, no, not by evidence showing up in our indicators like junk bond (risk on) speculation and sentiment,...

On silver’s 14-year chart we can see that, despite the severe correction since the Spring 2011 peak, it has still not broken down from the large broadening uptrend shown, nor has it dropped below the nearby zone of strong support shown. In the last update, posted on...

Before we examine how long bull markets can last, it should be noted the bulls have the fundamental and technical stars aligned for a year-end rally in stocks. From a probability perspective, the best time to invest is when charts and economic reports agree.

Many precious metal investors today are troubled by the current weakness in the price of silver and are concerned that prices could fall much lower. While the price of silver could continue to fall a bit from here, it’s more likely we will see a higher, rather...

The good news is: The NASDAQ composite (OTC) closed at a multi year high on Friday while all of the other major indices closed at all time highs. The negatives: None of the breadth indicators confirmed Friday’s highs.

The most reliable information is still found in the charts. Last week, we said to look at Bitcoin as an example of what to expect for silver, in terms of a market moving higher with impunity in a very short period of time, See A Rigged Market Coming To An End, 18th...

The Federal Reserve announced this week that it will provide $75 billion of quantitative easing (QE) in January, a massive amount, and will provide large though diminishing amounts of additional stimulus for months thereafter.

When a stock is above a moving average it is considered bullish, and the stock can be considered to be in a rising trend for that time frame. A good way to determine the market's condition (overbought/oversold) across a range of time frames is to analyze the...

We have been stating for some time the Federal Reserve was using quantitative easing (QE) as monetary lighter fluid to get the economic fire started again. The Fed desperately wants to cut back on monetary injections and pass the baton to the economy. Right or wrong...

Silver has cratered in 2013, spawning a sentiment wasteland of extreme bearishness. Yet peak despair is the very best time to buy low. Silver prices have converged on multiple major secular support zones, an exceedingly bullish technical launchpad. The white...

The curious case of Bitcoin and the associated rise of electronic currency has rekindled money and wealth discussions. It has also given rise to the re-birth to a libertarian cyberpunk ideology. In some ways, the response is a natural reflection of the devaluing of...

Today we note that: The US economy is tipping back into recession again. Corporate profits are at record highs and set to fall. Stocks are extremely overvalued. All of these add up to a real problem for long-term stock investors today. The classic method of valuing...

The taper surprise was that stocks rocketed higher once the markets digested the Fed’s statement. The market chose to focus on the improving economy rather than a reduction in monetary stimulus.

There are several potential reasons to buy silver. For some, it is about inflation protection. For others it is about the financial privacy offered by a real asset. Still others look to own silver as a play on industrial demand, while other people own silver as...

It’s ‘taper’ talk time again and here is a post that is only too happy to join the cacophony… Dear Federal Reserve, please signal what would be at least a symbolic gesture to the market and pretend to tighten policy by beginning a tapering of long-term bond buying...

In early December, we used Japan as an extreme example of why central banks are terrified of allowing their respective economies to slip into a deflationary spiral. Do the same concepts apply to the United States? They do. The federal government offers standard...

With the last major news item for 2013 less than 48 hours away, I thought I would share some insights as to what the S&P500 Cash Index (SPX) options were pricing into the Federal Reserve's monetary policy announcement due out Wednesday.

On Monday, October 18th 1987, the Dow Jones Industrial Average lost 508 points (22%). There are many theories as to why the crash occurred, but the simple truth is that the panic stemmed from a sharp rise in interest rates. Likewise, another stock market crash...

A growing number of market technicians, some of them highly respected, are forecasting a sharp correction in the January-February time frame. In light of a number of recent inquiries I’ve had regarding this possibility, let’s examine this topic.

Let’s take a look at the short-term and intermediate-term technical pictures for both gold and silver. Before we get too excited over the rally in silver, consider that whenever a commodity rallies after a multi-week sustained decline, there’s always the danger (...

No one can question the fact that the demand for silver has grown exponentially in the past few years, record sales for American Eagle coins being one small example, record buying in India, another larger example. Demand has never been greater. Supply, on the...