Silver Editorials & Commentary

The silver price is down this morning, in a bit of a counterintuitive move after the latest producer price inflation data was released. Which showed lower than expected increases in producer prices, suggesting the Fed will be less likely to hike at its next meeting...

With silver plunging by nearly 5% on May 11, its descent highlights the dangers of momentum investing. Moreover, we warned on May 5 that one-sided positioning often elicits a race for the exits. We wrote:

Our long term stocks/bond model is in favor of bonds over equities. Trend is up. VIX is now up, caution is advised.

Our cycle indicator is DOWN. Cycle is down. Trend is up.

In The Silver Institute's recent World Silver Survey, one of the interesting comments that they wrote was that despite a record deficit in 2022, and another deficit expected in 2023, they forecast the silver price dipping into the $18 range based on their belief...

The US is getting closer to its latest debt ceiling deadline, and while logic suggests there will be a deal to raise the limit once again, the credit default swaps on US debt are pricing in a great deal of concern about the possibility of some type of default.

Our long term stocks/bond model is in favor of bonds over equities. Trend is up. VIX is now up, caution is advised.

Current data supports overall higher silver prices. Silver is on a new long term BUY signal.

With bank-failure hysteria upending nearly all assets except the PMs, silver has benefited from the fear. And while basic accounting highlights how these issues are about short-term liquidity and not long-term solvency, investors continue to ride the momentum. 

On Monday, we saw the latest bank failure during the Federal Reserve's current interest rate hiking program, with First Republic Bank being taken over by JP Morgan. Which is the latest evidence that the issues in the banking system are not resolved, especially as...

The silver price had a volatile morning following the news of JP Morgan taking over First Republic Bank, with a spike to near $26, followed by a plummet that wiped out most of the gains.

Short term Treasury markets are predicting a temporary debt ceiling breach as the spread between 1M and 3M yields has blown up to the highest level ever this week.

While calling the top is a process that plays out over time, silver’s momentum has fizzled, and the next major move should be to the downside. To explain, we wrote on Apr. 21:

Our cycle indicator is UP. SLV is on short term sell signal. SILJ is on short term sell signal. Current data supports overall higher silver prices.

Our long term stocks/bond model is in favor of bonds over equities. Trend is up. VIX is down and markets are up.

Silver, like gold, has returned to the spotlight this year with the precious metal recently trading at its highest in a year at just under $26 an ounce.

The big news is the release of the new short report on stocks, which indicated a massive 25 million share reduction in the short position on SLV, the big silver ETF, as of the close of business April 14.

In today's video, Gary looks at the stock market and the need to have some realistic expectations as we are moving down into a daily cycle correction.

After a frantic month and a half of order flow in the retail silver market, the conditions at the bullion dealers receded somewhat over the past week.

As another trading week begins, the news of countries making arrangements to move away from dollar dependence continues.

Remember when Bitcoin and other cryptocurrencies were the “next big thing”? For most investors, it was only because the prices were going up in radical fashion. The anticipation of hitting it big coupled with FOMO (fear of missing out) overcame fundamental analysis...

In this video, Peter St Onge discusses a new housing rule coming into effect on May 1st under the Biden administration that could potentially lead to a $14,000 tax on good credit home buyers.

Undoubtedly the biggest mistake that many novice or beginning investors, or even investors and traders that have been at this for a while, make, and I think one of the big reasons why a lot of people subscribe to newsletter Services,  is that basically you can get...

Hot off the press is today’s just-released world annual silver survey from the Silver Institute. As previewed a couple of months back, the Institute is reporting flat total supply (mining plus recycling) and sharply increased demand growth of 18% or 186 million oz,...

Anxiety caught up to investors on Apr. 20, as Bitcoin, the S&P 500 and crude oil showcased immense weakness. But, with the PMs assuming the fundamental issues don’t apply to them, silver largely brushed off its peers’ plight.

Our long term stocks/bond model is in favor of bonds over equities. Trend is up. VIX is down and markets are up.

Our cycle indicator is UP. SILJ is on short term sell signal. Current data supports overall higher silver prices.

We've seen a significant rally in the silver price over the past few months, with silver rallying from the $20 level in mid-March, to over $26 by mid-April, before settling back to the current level of just over $25.

We've seen a significant rally in the silver price over the past few months, especially since issues in the banking sector emerged in response to the Federal Reserve's interest rate hikes.

But where does the market go from here?

Amidst the most recent surge in physical gold and silver buying, premiums have risen again, particularly on silver eagles and junk silver. And in this week's physical silver report, we find out that the supply of junk silver has reached the point where it's running...

Silver fever is rising.  Calls for $100 silver (see $100 Silver Has Come And Gone) and higher echo loudly. With its price close to $25 oz. after being as low as $18 oz. last fall, now would be a good time to review how well silver has responded to past predictions...

Precious metals are back in the spotlight in 2023 as signs of economic slowdown continue to surface and cause uneasiness among investors, in turn driving up the appeal of safe havens.

The US banking system is teetering and tottering. Why? How does one describe our present banking system? It is like an upside-down pyramid, with the tippy top of it located at the bottom and the widespread base of it placed at the top. If even a slight wind comes...

In this video, Peter St Onge discusses a recent prediction by Goldman Sachs that AI could replace 300 million jobs in the next ten years. While some argue that this is not a concern based on past technological advancements, Peter points out that it may be different...

Our cycle indicator is UP. SLV is on short term buy signal. SILJ is on short term buy signal. Current data supports overall higher silver prices.

Our long term stocks/bond model is in favor of bonds over equities. Trend is up. VIX is down and markets are up.

The past month has been kind to the silver price, with the banking instability driving silver to its highs of the year. Although to this point the silver stocks have lagged the underlying silver rally, as the mainstream investment market is still proceeding...

Earlier this year silver premiums dropped to their lowest levels since the COVID pandemic, after a large spike towards the end of 2022.

Back in January, John Titus warned that we were in the midst of a banking crisis. And sure enough, just over a month later, the crisis was underway.

Our cycle indicator is UP. SLV is on short term buy signal. SILJ is on short term buy signal. Current data supports overall higher silver prices.