Silver Editorials & Commentary

The manipulation of gold prices, along with practically every other asset class, has perfectly transparent legal precedent. The precious metals political hot potato taboo has been strong enough to make it almost impossible for the mainstream to understand. And while...

Looking at a picture of the S&P500 on an inflation adjusted basis you get a different picture then what is being painted by the market and especially the mainstream media. Most people only look at where the market is today vis-à-vis an earlier period. And what...

The Federal Reserve’s Quantitative Easing has given rise to an all time low in the money multiplier which, in turn, has a higher probability of rising than falling. Notwithstanding the recent explosion of personal debt, Chart #5 below shows an emerging propensity of...

In the first 10 months of this year, the U.S. Mint sold 39.2 million ounces of silver in coins. In the same period last year, the Mint only sold 28.94 million ounces of silver in coins. A general negativity by investors surrounding silver this year has not stopped...

With less than a year to go before the bottom of the 60-year Super Cycle many investors are wondering how the coming months will play out. There are at least two major possibilities that need to be discussed: the soft landing and the hard landing.

Markets must climb a wall of worry. The long-time expression on the Street is backed by common sense. If investors are worried, then it stands to reason that they may have kept some money on the sidelines for the pullback they “know” is coming soon. Conversely, if...

We live in a time with unprecedented and simultaneous easy-money policies from the world’s largest central banks; the Federal Reserve, the European Central Bank, and the Bank of Japan. Easy money policies, without question, distort asset prices, which speaks to...

The market averages continue to set record highs, as investors are forced by the Fed into stock market speculation due to artificially-suppressed interest rates. But neither our central bank nor corporate measures deployed solely to increase earnings per share while...

The good news is: The NASDAQ composite (OTC) closed at a multi year high last Tuesday while most of the other broad based indices closed at all time highs. The negatives: For the 1st time since last May, by the measure shown in the chart below, the secondaries are...

Fed tapering will be a legitimate worry in a few months, but should not be yet. Analysts and economists have been concerned for almost five years now about how Fed Chairman Bernanke would ever be able to manage a successful exit from the Fed’s massive QE stimulus...

World silver spot prices are determined by a once sacred, but now inept, process. While the evolution of futures contract for the modern age helped facilitate the industrial revolution, it has now been completely usurped and abused. This is especially the case in...

When the Fed governors prepare to turn in for the night, their prayers undoubtedly call for some improvement in the economy. As noted Monday, the Fed is hoping the economic coals will take over allowing them to put away their lighter fluid. Thursday gave the Fed...

In the wake of Wednesday’s Fed announcement, the exchange traded fund (ETF) landscape was aligned with the consensus forecast for monetary policy.

Washington continues its pantomime, dominating the newswires with one internal deadline after another. The markets have been taking the process pretty calmly, almost enthusiastically. Wall St. essentially ignored the whole process. Yes, the volatility was high but...

Studies show that we all approach problems with an educational bias. For example, engineers develop solutions with math, and CFOs approach problems from a financial perspective. Therefore, it is not surprising that central bankers look at all the problems in the...

It is undeniable that behind closed doors, world leaders are worried about the global slowdown and the inability of the developed countries, after 5 years of relentless stimulus, to mount more of a recovery. Unemployment has become a paramount problem globally.

In our previous commentary (http://www.gold-eagle.com/article/dollars-breakdown-stocks-breakout-and-... ) we discussed the implications that the most recent moves in the USD Index and the general stock market are likely to have on the precious metals market. Today...

Those of you who have experience with old-school charcoal grills know lighter fluid is used to prime the proverbial pump until the coals can take over. Quantitative easing (QE) is the Fed’s lighter fluid for the economy. The hope is that money printing will help...

The good news is: The NASDAQ composite (OTC) closed at a multi year high on Friday while most of the other broad based indices closed at all time highs. The negatives: Negatives are hard to find. New highs, which have been lagging for months, picked up nicely last...

The technology sector has been a leader of the market rally for almost a year, and this leadership has been manifested particularly in the Nasdaq 100 Index (NDX). However, the most recent push to new highs has been driven by a handful of mega-cap stocks (like Google...

The market’s bias remains to the upside. It could even be that the debt-ceiling fiasco in Washington helped to buy the bull market more time.

Silver has suffered a rough year, but its fortunes are changing. In recent months its price has firmed at the convergence of multiple major support zones, a powerful technical launchpad. Silver has soared in parabolic uplegs from the handful of similar past...

A number of people have asked me to expand on how the rapid expansion of money supply leads to an effect the opposite of that intended: a fall in economic activity. This effect starts early in the recovery phase of the credit cycle, and is particularly marked today...

Silver may be the good news metal, but it’s about to have a serious retest of its “bad news” capacity.

The price of silver will hit new highs as an explosion of investment demand will overwhelm supply in the future. This once in a lifetime event will occur not because of bullish rhetoric, technical analysis or brokerage recommendations, but because the fundamentals...

If you are relatively new to the markets, it is important that you take the time to understand how the Fed impacts asset prices. Clients often scratch their heads trying to understand how to match up tepid economic growth and high unemployment with financial markets...

Hyperinflation is an insidious, economic killer. It inevitably (but insanely) creeps up on its Victims in plain sight, before decimating them with an always unexpected ambush. How can one of the most-obvious of all economic phenomena always end up as a “surprise”?...

Tuesday’s monthly labor report provided us with an excellent opportunity to monitor investors’ expectations about the important battle between economic forces that create inflation and those that create deflation.

The Federal Reserve has injected billions of dollars of freshly printed money into the global financial system via quantitative easing (QE). If you understand how QE works in the real world, it is difficult to overstate the role it has played in juicing the stock...

The prequel to this commentary summarized the anti-climactic ending of the U.S. Debt-Ceiling Farce, and the fraudulent non-reaction to this circus by the Western financial system in general, and Western credit-rating agencies in particular.

The good news is: The NASDAQ composite (OTC) closed at a multi year high on Friday while all of the other broad based indices closed at all time highs. The negatives - The chart below covers the past 6 months showing the S&P 500 (SPX) in red and a 10% trend (19...

The “good news” is that the latest Act of “The U.S. Debt-Ceiling Farce” has mercifully ended, and the curtain has come down on this puppet-theater. The bad news is that it ended (absurdly) with a mere three-month reprieve – before we get literally an instant replay...

A month ago the market seemed to be setting up for an intermediate-term correction. On the month-old chart below we can see a bearish rising wedge accompanied by negative divergences in price, breadth, and volume. Our comments at the time: "We expect the SPX to...

The Fed's capabilities to engineer changes in economic growth and inflation are asymmetric. It has been historically documented that central bank tools are well suited to fight excess demand and rampant inflation; the Fed showed great resolve in containing the fast...

The ultimate lynch pin for the silver market is the flow of physical metal to support ongoing price suppression. The flow of physical metal is mostly an illusion nearly equal to (and in some ways parallel with) the perceived strength of the paper currencies used to...

I continue to read pieces in the media claiming the QE should not be stopped because it will hurt the recovery. I don’t understand this claim because there is literally no historical evidence that QE creates jobs in the first place.

During the past 12 years silver prices have bottomed, rallied sharply, collapsed, and then languished for a year or more. The patterns are not identical, but there are obvious similarities as shown in the following chart. (Note that it is a weekly line chart, from...

This Columbus Day there were protesters against the shutdown, but even more against how the US government and how it is running. It's no longer Democrat versus Republican as the media makes it appear. Both parties have been found untrustworthy in their...

We use the term “reserve currency” when referring to the common use of the dollar by other countries when settling their international trade accounts. For example, if Canada buys goods from China, it may pay China in US dollars rather than Canadian dollars, and vice...

This in of itself is a strange claim as technically we hit the debt limit back in May and have been resorting to “extraordinary” measures since then. I don’t recall anyone in at the Treasury talking about the importance of the “debt ceiling” then, do you?