Silver Editorials & Commentary

Although the year-over-year rate of growth in US True Money Supply (TMS) is still high by historical standards, the following chart shows that it has just dropped to its lowest level since late-2008.

The markets roared higher over the weekend when Larry Summers withdrew his candidacy for Fed Chairman. This makes Dr. Janet Yellen of the San Francisco Fed the current favorite for next Fed Chair.

Wall Street is now reflecting upon the fifth anniversary of the Lehman Brothers bankruptcy and the start of the Credit Crisis. In fact, most are celebrating the belief that the complete collapse of the American economy was avoided thanks to a massive intervention of...

Many hypothesized the financial markets were less than thrilled about the possibility of a Fed led by Larry Summers. The reaction in the futures markets Sunday confirmed the theory.

President Obama has referenced numerous times the need to avoid what he called “artificial bubbles”, which led to our hypothesis the President may be leaning toward Larry Summers to fill Bernanke’s chair. This weekend we received some information from the Summers...

The good news is: The NASDAQ composite (OTC) closed at a multi-year high last Tuesday. The negatives: Most of the Major indices are near their all time highs while the number of issues hitting new highs has been declining for months.

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.

Approximately one month ago; I wrote a piece entitled U.S. Prepares To Detonate Market Bubbles. The gist of that piece was that after pumping-up several new bubbles in the U.S. economy (and taking the Wall Street fraud-markets to record-highs) that it was time for...

The FED has been buying $85 Billion worth of Treasuries and Housing Debt securities each month since they announced QE3-4. This amount has roughly balanced the huge Budget Deficits coming out of Washington DC.

The stock market took advantage of the lack of economic reports this week to rally back toward its bull market highs. The previous week’s economic reports, particularly the dismal employment report last Friday, were forgotten as the threat of a military strike...

When most people think about the biggest threats to the U.S. economy they usually mention things like the budget deficit, the national debt or the trade gap. What rarely gets mentioned as a potential economy killer is something we all have to face every day yet...

The silver and gold market has been rife with speculation about ongoing price manipulation. Most investors are now familiar with this concept, and even the mainstream has admitted that undue market influence has occurred.

A slackening U.S. economy typically means that a slowdown in industrial demand for silver will soon be forthcoming. Nevertheless, the re-monetization of silver would more than take care of any such slump in demand.

Tops never form cleanly. I’ve made the mistake of attempting to call a top on the “dot” in the past. The reality is that anyone who attempts to do so is exercising their ego more than their judgment.

Wars tend to drive markets. If the war goes well (Gulf Wars 1 and 2, Kosovo), the markets tend to rally. If war is unexpected or appears to be going badly, markets tend to fall (start of WW1, Pearl Harbour). The 20th century has been called “a century of wars”. That...

The best investments have positive technicals and positive fundamentals. How long the emerging trend in the China ETF (FXI) lasts will be highly dependent on the ongoing fundamental data coming from China. Reuterssummarized where Chinese policymakers are hoping to...

Ingesting the daily pablum from the Corporate Media is inevitably a two-stage process. First one reads the lines. Then one reads between the lines. When dealing with serial liars; it is always when one reads between-the-lines that “the news” gets interesting.

TANSTAAFL is the acronym for “There ain’t no such thing as a free lunch.” The saying has been used for years, even prior to Robert Heinlein’s use of it in “The Moon Is A Harsh Mistress.” It is another way of saying there is always a price that must be paid.

In light of today’s positive economic data out of China, I thought I would reproduce a segment from NFTRH 255 (9.8.13) that speculated upon the possibility of a new up cycle in inflation expectations based in large part on China and its credit growth cycle (on which...

In our previous Oil Update we examined major factors, which previously fueled the price of light crude. Before we move on to the technical part of our Oil Update, let’s take a closer look at the events of the previous week.

The just concluded G20 Summit in St Petersburg, Russia sheds light on the seriousness of the concern surrounding the plummeting currencies in three of the BRICS (Brazil, India and South Africa).

The point of reading developing market activity, as seen in charts, is to eliminate any need to “predict” what may develop next day, week, or month. There is no more reliable a source of information than the market itself. Everything one needs to know is found...

The silver situation continues to grow more positively, based on developing market activity. Almost everyone has an opinion, but they are all subservient to whatever the market dictates with its most current and most reliable information. It is then a matter of...

We have been observing how, in spite of the Fed's efforts, bond yields have been persistently rising, but now they have become very overbought.

Silver is giving mixed signals depending on time frame. However, speculative Open Interest is rising, which suggests higher prices overall.

The realm of precious metals is a broad and diverse one. Indeed, for those who heed the propaganda of the mainstream media; nearly anything can “cause” the prices of gold and silver to go higher or lower (usually lower).

In recent months economic commentators and financial markets have focused almost excessively on the Federal Reserve's quantitative easing ("QE") policy as the market's main driver. However, last month two senior economists at the Federal Reserve published a report...

Ultimately, the global markets remain the battlefield in which investors compete for the last remaining quality collateral. Furthermore, secondary to Fed taper talk’s effect on the United States, is its impact on markets abroad.

One of the most often asked questions by those interested in investing in silver pertains to not only how low, but how high silver’s price can go.

Yes, the manufacturing economy is growing (as we have been expecting since January when NFTRH alerted that the Semiconductor equipment industry was ramping an up cycle) but this does little to change the fact that it is inflationary policy making that has been...

All of us by now have seen the latest sales pitch from the Obama administration for yet another so-called "humanitarian intervention" in the Middle East. It is not hard to see that the case for war is a bunch of rubbish and will likely end in disaster for both Syria...

According to Reuters, gold rose after President Barack Obama won the backing of key figures in the U.S. Congress, including Republicans, in his call for limited strikes on Syria to punish the government for its suspected use of chemical weapons against civilians....

When the world’s largest bond fund sees over $7 billion in net outflows, it tells us the tide may have turned against the bond market bulls.

While officials from the Federal Reserve gather recently in Jackson Hole Wyoming to bemoan that inflation isn’t yet high enough for their liking, the truth is that inflation is already ravaging the middle class.

From today’s point of view, it seems that the situation hasn’t changed much since our last Oil Update, because light crude is trading between $105 and $107 per barrel once again - just like it did a week ago. However, last week was very interesting and brought a...

The massive debt bubble created by our monetary system is about to burst. The demonetization of gold and silver, has over the years diverted value from these metals, to all paper assets (such as bonds) linked to the debt-based monetary system.

Investors and traders alike are heading into the long weekend with a variety of potential risks facing them. The media has made us aware of the situation that is going on in Syria and that the United States may be planning a military strike.

Silver is giving mixed signals depending on time frame. However, speculative Open Interest is rising, which suggests higher prices overall.

With economies in China and Japan, the world’s second and third largest economies slowing, and economies in emerging markets and the 17-nation eurozone struggling mightily, hopes have been that the U.S. economic recovery will pick up its anemic pace and provide more...

In 1960 I was a young Airman in aircraft mechanic school in Amarillo AFB, Texas. We had an instructor who, when we were being especially dense, would say, "I buy you books and buy you books, and all you do is eat the covers!" Every once in a while I see something...