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.

 

October 3, 2013

On Wednesday, silver gained almost 2.7% and reached $22 as a weak dollar boosted commodities priced in the greenback. The US currency was under selling pressure as a U.S. government shutdown entered a second day with no end in sight. The white metal was supported by...

Anyone who bought the media buzz about a September reduction of QE - called the "taper" - was very surprised when the Federal Reserve announced that stimulus would continue unabated. According the the official narrative, inflation is under control and the labor...

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October 2, 2013

Regular readers know we have backed up the longer-term bullish case with evidence from defensive consumer staples, the VIX Fear Index, and ETF leadership. Financial markets have almost an infinite number of moving parts. Consequently, understanding bullish and...

The ISM has once again expanded. Policy is working, so please Dear Mr. Bernanke, begin to withdraw not only a token amount of Treasury bond asset buying in October; make a real statement for the ‘organic’ economy. Pull all T bond purchases and stop buying some MBS...

We live in a world of exploding debt, unsustainable deficit spending, Quantitative Easing, corrupt politicians, and “forever” wars that benefit the political and financial elite. We will need help to survive the collapse of failing economic and political systems.

October 1, 2013

When the world’s present troubles surfaced about five years’ ago, I recall reading articles whose central theme was: “there is excessive debt in the world. The amount of debt in the world exceeds the capacity of the world’s economies to service it and pay it down...

The stroke of midnight has just passed and the US government has turned into a pumpkin. Well, we wish. In fact the US government like some eternal zombe continues to walk the Earth even without the souls of taxpayers upon which to feast. And, even that isn't...

September 30, 2013

Most readers are familiar with the market vernacular “extend and pretend.” It’s origins are the U.S. commercial debt market. This is yet another U.S. Ponzi-scheme and debt-bubble being kept alive solely through pretending that most/all of the massive amounts of bad...

The sad truth is that the primary function of the Fed and Treasury has now become the sustention and expansion of disastrous asset bubbles. In fact, while Mr. Bernanke officially acknowledges QEs one through three, the truth is he has embarked on QE V. What’s QE...

September 29, 2013

Little in the way of news has transpired in the past week that could have an impact on the silver market. The main stage has been set for some time, regarding all the known factors affecting silver, to date. There is no need to review any of them, at this point...

September 28, 2013

The good news is: The secondaries outperformed the blue chips and there was no build-up of new lows, last week. The negatives: New highs have been deteriorating since May.

Worst Week Since 2008 Financial Crisis. Below is a quick refresher course on the 2011 events that led to the “most volatile week in stocks since the 2008 financial crisis”. FromWikipedia:

In all periods silver is giving sell signals. Moreover, speculators continue to pullback.

September 27, 2013

Chart analysis on T-Bonds, GDS, GDXJ & Silver via videos.

The Fed seems to be stuck because of housing market weakness and its associated mortgage backed securities. The repo market appears to be where the stress is most threatening, though hidden from view. These trillion dollar daily transactions are the lifeblood of...

September 26, 2013

Markets hate uncertainty. Washington loves to create uncertainty since it provides leverage in political negotiations.

When the world’s largest commodity futures “regulator” releases the results of a five-year probe; one expects to see a detailed, thorough, and well-reasoned analysis. What we see instead is a pathetic exercise in pseudo-logic – which could have been written in its...

Over the last few weeks, as the overwhelming majority of economists, reporters, and Wall Street insiders expressed certainty that the Fed would begin to taper its QE program, I did my level best to make the public understand that the Fed would do no such thing. As a...

September 25, 2013

The USTreasury Bond market breakdown is in progress, all part of the general USDollar global rejection that is taking the world by storm. Of course, residents inside the US Dome do not notice, since they only perceive it as the native currency. From conversations...

Last week the price of silver climbed to $23.45 after U.S. Federal Reserve Chairman said its huge stimulus program would stay in place. In our previous 2 essays we focused on two important links: the one between gold and oil (http://www.gold-eagle.com/article/gold-...

September 23, 2013

Everyone knows that gold (COMEX:GCZ13) and silver (COMEX:SIZ13) have value, but few people understand their real value. Some people say that the current price of gold and silver is too high after rising 12 years. Is that true? If we know the real value of gold and...

The President of the Europe’s central bank said back in July of 2012 that it would fight rising borrowing costs by doing “whatever it takes” to ensure sovereign bond yields do not spiral out of control. This past week Mr. Bernanke took a page from Mario Draghi’s...

The Dow Jones Industrial Average is getting another makeover this week. On Sept. 20, the Dow 30 stock industrial index will replace three of its older components – Alcoa, Bank of America, and Hewlett Packard – and will replace them with Goldman Sachs, Visa, and...

September 22, 2013

I haven’t shown the following chart since last winter when it appeared the Dow Jones was working on a Head & Shoulder top; hence the three half circles over the 2000, 2007 and our current 2013 advance. With the Dow Jones now approaching 16000, it’s clear the...

September 21, 2013

There are two distinct advantages derived from reading charts. They are all based on factual information, in the form of executed trades, and they are a short-cut for reading about all the exogenous factors, [mostly fundamental], that impact the market.

The good news is: All of the major indices hit all time or multi year highs last week. The negatives: While the major indices have been hitting progressively new, higher highs this year they have been doing it with progressively fewer of their component issues...

In all periods silver is giving sell signals. However, Open Interest is gradually rising – giving hope there is a reversal in the not too distant future. SLV – on short term sell signal.

September 20, 2013

I know. I know. Warren Buffett is not a market-timer, has no idea what the market will be doing this year, or next, or at any specific time in the future. Or so he says, and the media seems to accept it as fact.

Imagine the US Fed had a technology called the 'printing press'...SO LIKE ME, the world and its stockbroker thought the US Fed would start trimming QE money-printing this Wednesday.

When looking at a chart that shows new 52-week highs and lows, have you ever wondered what is happening with all the other stocks in the index? Where are they in relation to their 52-week high-low range? DecisionPoint.com's "Rel-to-52" index provides that answer....

I’m again beginning to hear why “this time is different.” I hear hypothesized reasons why Dow theory is an antiquated relic that is no longer relevant. I hear that the manipulative efforts of the Money Masters have made the cycles irrelevant. I hear all the...

In the current policy and media stoked market environment, anything is possible. It’s the wonderful, magical world of hands-on policy making. 5 years after the financial crisis, but still not enjoying a ramping economy like the good old (and long gone) days of...

When an option trader has a long gamma position it means that they benefit from volatility and can rebalance their portfolios’ profitably if the underlying asset moves significantly.

September 19, 2013

As was expected, at least in this corner, the Fed has decided not to “taper” its bond-buying program known as QE3 of $85 billion a month. The reasoning here was that while there was improvement in the US economy the economic numbers remained consistently weak and...

Contrarians take note: The latest issue of Time magazine featured another one of those infamous bull market covers. The bull was displayed rather prominently on the cover under the headline, “How Wall Street Won.”

Much of what is written in the parallel Gold Market update applies equally to silver and that will not be repeated here. Silver’s major reversal pattern, which, like gold’s, is a Head-and-Shoulders bottom, is different to gold’s in the detail that it is flat-topped...

September 18, 2013

The Fed's failure today to announce some sort of tapering of its QE program, despite the consensus of an overwhelming percentage of economists who expected action, once again reveals the degree to which mainstream analysts have overestimated the strength of our...

The WHOLESALE price of gold fell below $1300 for the first time in 6 weeks Wednesday morning in Asia, as traders in all markets awaited today's US Fed announcement on QE tapering.

September 17, 2013

With Larry Summers out of the picture, the financial markets are facing two key questions: What does Janet Yellen want to do with interest rates? Will the market believe the Fed’s low rate pledge?

The WHOLESALE price of gold halved an early 1.5% rally lunchtime Tuesday in London, dropping back to $1315 per ounce as world stock markets fell ahead of tomorrow's long-awaited US Federal Reserve decision.

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During 1500s the Spaniards had taken 16,000,000 kilograms of silver from Peru.

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