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.

 

August 22, 2013

We may have seen the bottom in the precious metals and the miners. A major uptrend could just be beginning in these oversold sectors. We are starting to see the major miners such as Barrick (ABX), Newmont (NEM) and Kinross (KGC) rebound off of historic 20 year lows...

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August 21, 2013

Buying high and holding on with Mexico's bargain-hunting billionaire...CARLOS SLIM HELÚ has a lot of money. Or rather, he owns a lot of assets. More than $73 billion-worth, according to Forbes magazine.

It is strongly advised you to take possession of real gold and silver at anywhere near today's prices, while you still can.   The fundamentals indicate rising prices for decades to come, and a major price spike can happen at any time.

While the MSM instigates reasons why we should give a damn about what people who have little control over the T bond market were thinking at the last meeting, why don’t we just tune it all out and manage the markets instead?

August 20, 2013

The world’s largest silver producer saw its production decline substantially in the first half of 2013. Many assume this decline came from Fresnillo, which is known as the largest primary silver miner in the world. However, it was recorded by KGHM Polska Miedz,...

The QE party is ending. And the following hangover is going to be brutal. Since 2007 the Central Bankers of the world have operated under the belief that they can hold the financial system together by engaging in round after round of Quantitative Easing (QE) without...

Since February of this year, there has been at least one silver contract in backwardation. Since May 31, the September contract has been backwardated. But that has now come to an end. Before we get to the graphs, let’s define our terms. Some people look at a graph...

Since the last update, the Dow has had a rally which exceeded the previous all-time high. The rally appears to be nothing significant, since it was likely just a retest of the previous breakdown – See the Dow -chart below (from freestockcharts.com):

August 19, 2013

WHOLESALE GOLD edged back from last week's two-month closing high on Monday morning, recording its best London Gold Fix since 18th June above $1375 per ounce.

August 18, 2013

It was a pretty quiet week all in all with many market participants on holiday as the summer is soon coming to an end.  The S&P500 broke it’s small head and shoulders pattern Thursday and we are in for several more weeks of this corrective action. 

August 17, 2013

The most volatile of commodities posted a thumping 14 per cent gain last week, its best week in five years. Is this just a flash in the pan or is silver now set up for an autumnal price spike?

Finally, a classic example on the importance of reading developing market information, as shown in this SILVER chart!   That last bar on the weekly chart speaks volumes, a gap higher from apparent weakness.

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

August 16, 2013

The U.S. Economy stands at the edge of the abyss while the financial MSM debates whether or not the FED will taper in the fall. Silly analysts. Serious cracks are beginning to appear in the economy while the precious metals have now seemingly decoupled from the...

Many observers have realized that the price of silver will rise dramatically at some point because the amount of paper silver is many times the amount of physical silver.

In 1863, the Rothschild brothers of London wrote to associates in New York introducing their banking method into America that: “The few who understand the system will either be so interested in its profits or be so dependent upon its favours that there will be no...

August 15, 2013

Hey Dudes!  Looks like this grody correction might be ending and a tubular new bull leg might be upon us.  It might be a good time to listen to the history rhyme before things get crazy again.  Let’s take a trip back in time, shall we, to when the size of hairstyles...

In our previous essay ( http://www.gold-eagle.com/article/recent-price-action-silver-breakout-or... ) we focused on silver’s relationship with the general stock market. Today, we think it would be interesting to revisit the silver-to-gold ratio. However, before...

August 14, 2013

The US's finances are in big trouble, and it's a similar story in most of the other Western developed countries. Nevertheless, the stock markets are chugging along, suggests Pamela and Mary Anne Aden, editors of The Aden Forecast.

Yesterday’s AM fix was USD 1,334.00, EUR 1,002.41 and GBP 862.31 per ounce. Gold climbed $23.30 or 1.77% Monday and closed at $1,335.90/oz. Silver surged $0.88 or 4.3% and closed at $21.34.

August 13, 2013

The technical outlook for gold, silver, and mining companies continues to improve. That’s the daily gold chart, and it looks excellent.

August 12, 2013

All the signs are that silver’s long correction is now over and that it is beginning a major uptrend. The Commercials have cleared out most of their short positions, for a massive profit of course, meaning that the slate is wiped clean for the game to start over...

The Investment Company Institute (ICI) estimated weekly net cash outflow from bond mutual funds of $13.5 billion during the week of June 12.  This followed a staggering $10.9 billion outflow the previous week.  So began a steady exodus from bonds and bond funds in...

Market close to confirming new correction. The S&P500 has been on a tear since late 2012 with the S&P500 bottoming at 1266. The rally though we have been charting out as part of a “Primary wave 3″ uptrend for this Bull market cycle from March 2009, and we...

August 11, 2013

How has the bankrupt United States of America kept its entire (paper) house-of-cards from crumbling all around it? Two words: fraudulent accounting.

August 10, 2013

The good news is:  We saw a down week with no buildup of new lows on the NASDAQ.  The negatives:   The market has been following the typical seasonal pattern for the 1st year of the Presidential Cycle pretty closely and that pattern calls for another

The primary silver mining industry is not sustainable at present market prices.  Financial reports are starting to be released and by the end of the month we should have a pretty good idea on how bad the losses will be.

Silver is giving mixed signals. Short-term the white metal has recently given Buy-Signals. But longer-term silver prices are heading the 200 ema support. Provocatively, Large Specs are at the lowest levels in years.

August 9, 2013

Many investors who remain cautious on gold wonder whether they should get their precious metal exposure through silver instead. In response, Russ explains why the two metals aren’t interchangeable.

Buying silver or gold may seem easy enough for just about anyone these days, but unless you can completely block out the culture around you, the endeavor to make the monetary metals "fit in" with the rest of the hyper-financialized world seems futile.

Why are Indians Buying Silver? Cheaper silver prices usually mean less demand, or they can also be indicative of an oversupply situation.

August 8, 2013

Over the last month or so, Silver has been side-winding. This is extremely important to anyone who holds silver bullion as well as any of those thinking about current or new positions in this metal.

Human history is a depressing cycle of repetition. Societies/economies rise; societies/economies crumble. The patterns of these cycles are virtually identical, yet living through thousands of years of this “history”, we have learned nothing.

The NYSE Arca Gold BUGS (Basket of Unhedged Gold Stocks) Index (HUI) is a modified equal dollar weighted index of companies involved in gold mining.

August 7, 2013

In May 22 testimony to the Joint Economic Committee of Congress, Fed Chairman Ben Bernanke issued another of many similar positive interpretations of central bank policy.

Today the dollar broke through 80.40. This is a major development as it signals that the current daily cycle topped in only 2 days, thus confirming that the intermediate cycle has also topped.

August 6, 2013

Precious metals had a strong month in July. But while gold was up 5%, silver advanced only 1%. A more recent reading of the past 30 days through August 6th, shows gold up 4.9%, while silver is up only 3.3%.

By now everyone has a prediction about where the S&P 500 Index (SPX) is going to be heading in the future. Most of the sell side and their ilk are all rolling out the green bullish carpet and predicting that a major bull run is right around the corner.

As all regular readers know, we live in lawless societies – at least “lawless” for any/all individuals or entities encompassed by the crime syndicate known as the One Bank.

Given that the demand for physical gold among private investors has remained strong throughout 2013, the significant price declines in recent months took many investors by surprise.

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Most silver is produced as a byproduct of copper, gold, lead and zinc refining.

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