Silver Editorials & Commentary

The results are fully in. We all remember the brazen braggadocio as Musk raised a chainsaw overhead and boasted that he was slashing government expenses. We also remember the ham-fisted job the DOGE brothers did that frequently resulted in the government having to...

It has begun, the second greatest breakout of all time. And that's a really long time. Silver, it's left no doubt. It exploded above 54. Silver has broken out and is on its way to $100 an ounce in the next 7 to 11 months. The market has spoken. My prediction of a...

In the second instalment of Gold Sessions with Jonny Haycock, Partner at VON GREYERZ, he speaks to Ronald-Peter Stöferle, Fund Manager and Managing Partner of Incrementum AG, who is also a long-time friend of VON GREYERZ and our Strategic Advisor.

Friday November 28th is viewed as the most important day in the history of the silver market – why? – because as a result of breaking out of the bullish Ascending Triangle that has formed since mid-October, it finally made a convincing and decisive breakout from the...

Silver is on a long term BUY signal. Cycle is up. Trend is up. We are holding long positions.

It’s finally Black Friday! Of course, it feels like it’s been Black Friday for weeks. Yesterday was Black Friday. Tomorrow will be Black Friday. Heck, last week was Black Friday. And next Friday, it will still be Black Friday.

Our long term stocks/bond model remains in favor of equities over bonds. Trend is neutral. Cycle is up. Expect new highs soon.

You might want to sit down for this one. The Bureau of Labor Statistics erased 33,000 jobs from its July and August reports with downward revisions. Shocking, I know.

If you wake up one day and you're living in a completely different monetary system than the one you've known your entire life, at least you won't have to be surprised. The latest development is now the European Union is bypassing SWIFT to trade with the BRICS...

The Silver Institute announced that they are forecasting another deficit in the silver market in 2025. But while they said that the deficit was expected to be 95 million ounces, there was another detail that didn't get captured in the headline, that shows it's...

Economists and politicians like to stick to the one big number to indicate how the economy is doing—GDP. However, as the first article below points out an economy can be in big trouble in many areas and still look OK on the top line. That article claims many signs...

Dolly Varden Silver just completed their 2025 drill program, and silver guru David Morgan sits down with Dolly Varden CEO Shawn Khunkhun to take a closer look at the results.

Silver is on a long term BUY signal. Cycle is up. Trend is down. We took profits and will wait for new set ups.

Our long term stocks/bond model remains in favor of equities over bonds. Trend is down. Cycle is down. A correction is in progress.

If I travel to another country, I’ll generally need to make a currency exchange before I can go shopping. I’ll have to swap my dollars for euros if I’m in Europe, or yuan if I’m in China, or perhaps lira if I’m in Turkey. However, in ancient times, a currency...

Even the “Duke of Doom” here at The Daily Doom was not negative enough on his prediction yesterday that the hyper-achieving results reported by Nvidia would not lift the stock market for long:

In this week’s episode of Money Metals’ Midweek Memo podcast, host Mike Maharrey argues that decades of artificially low interest rates and nearly $9 trillion in quantitative easing, combined with 713% CPI inflation since 1970, have warped investors’ sense of what...

The silver market is on track for its fifth straight structural market deficit. The recent silver squeeze that pushed the silver price to a record high was partly due to a displacement of metal. There was too much silver in New York and not enough in London and...

In the past month and a half, we've seen silver go from the upper $40s range to as high as $54, come back down, go back up to $54 again, and then sell off.

This is rich: After months of everyone in the Trump administration—including the president—saying tariffs do not cause inflation, they just admitted (including the president) they KNOW that tariffs do cause inflation and a lot of it. 

Silver has done this only four times in the last 60 years. And that is break to a new all-time high. 

Our cycle indicator is now up. SLV is on short term buy signal. SILJ is on short term buy signal. Silver is on a long term BUY signal.

Our benchmark SP500 is on long term BUY signal. Oil sector is on a long term SELL signal. Gold sector is on a long term BUY signal.

Yes, the AI tech is revolutionary. But this doesn’t mean that the current valuations make sense. The first cracks are already here.

A day after writing again about the inevitable stock market crash that is showing up first in AI stocks, the stock market broadened its slide today with the Dow ending down about 800 points (having fallen about 820 moments before the close) and the Nasdaq down 2.3...

In this episode of the Money Metals Midweek Memo, host Mike Maharrey leans on Greg Weldon’s “debt black hole” metaphor to explain how towering obligations now warp policy, markets, and household finances. 

U.S. Geological Survey (USGS) has officially added silver to its list of “critical minerals.” This could put further demand pressure on a metal already in short supply. It also increases the possibility of tariffs on silver.

After barely rising in August, consumer debt grew modestly in September, likely reflecting growing debt stress on American households.

Physical silver investment has become a significant driver of overall global silver demand, and four countries dominate the market. Between 50 and 60 percent of silver demand comes from industrial and tech sectors, with the remaining half split between investment...

Early this year, high premiums developed for COMEX bars in the U.S. thanks to fears of tariffs on importing silver (and gold). In response, traders shipped an estimated 300 tons of silver from London to New York to alleviate that squeeze.

Trump’s latest promise is that the government will take $1,866 away from you in taxes and then refund $2,000 of that to you, while using the profit the government retains from that transaction to eliminate the national debt. At the same time, he wants you to believe...

A paradox now sits at the center of global finance: the US government, in trying to stabilize its debt markets, has legitimized the very free-market forces that are eroding its monopoly over money.

It’s fortunate for the government that its bean-counters and statisticians are shut down right now because labor looks more like Halloween than hope. Let me count the ways that things are already teaming up against workers and living wages.

Most recently, in October 2025, the silver price rose above $50 per troy ounce. Silver had already reached this level in 1980 and then again in 2011. On both occasions, this was followed by a prolonged decline in prices. Some investors are therefore wondering...

Cycle is down. Trend is down. We took profits and will wait for new set ups.

Our long term stocks/bond model remains in favor of equities over bonds. Trend is up. Cycle is down. We are not chasing new highs.

Mike Maharrey opens the Midweek Memo with a sharp analogy: if the D.A.R.E. officer lectured against drugs and then left heroin and syringes on the desk, that would mirror Jerome Powell’s performance. The chair talked tough, lowered expectations for future easing,...

The talk of the town in the metals complex has been focused on gold.  But, I think silver has yet to see its final parabolic move.

Silver has been on a wild roller coaster ride. Is the recent selloff a temporary correction or have we reached the end of the rally?

While the rate cut got most of the attention, the Federal Reserve made another move during its October meeting that is arguably more consequential. The central bank announced it will end balance sheet reduction (quantitative tightening, or QT) in December.