With the market dropping two days in a row at the end of this past week, many were scratching their heads as to the reason for the decline. Yet, no clear reason was to be found.
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.
September 22, 2020
Get your free copy of this detailed 54 page Silver Investing Guide. Inside this comprehensive guide, you'll discover: what drove silver's historic surge, the gold/silver ratio strategy that delivered exceptional returns, why analysts forecast prices well into the hundreds, the 5-year supply crisis, how to invest after a major rally, and more. Read More.
September 19, 2020
Silver remains on a major BUY signal at the end of August. SLV is on short-term sell signal. COT data supports lower prices overall.
Our benchmark S&P500 is back on a long term BUY signal. However, the current investing model remains in favor of bonds, therefore, investors should continue to overweigh with long bonds or bond ETFs for safety over growth.
September 18, 2020
They say patience is a virtue. Well, if anyone is virtuous these days, it has to be silver bulls. They also say good things come to those who wait. I believe those good things will be coming…in spades. Silver reached just shy of $50 back in April 2011. A decade...
In the wake of the Fed’s promise of 23 March to print money without limit in order to rescue the covid-stricken US economy, China changed its policy of importing industrial materials to a more aggressive stance. In examining the rationale behind this move, this...
September 16, 2020
As pundits weigh in daily on who has the edge in this year’s political horserace, investors want to know how the election will affect their pocketbook. It could affect it in a big way. A major disruptive threat looms in the 2020 election like no other in recent...
At last, crude oil moved a bit higher, so you might be asking yourself if the trend has reversed or is this just a pause before the moves continue. In short, we think the latter is much closer to the truth.
September 15, 2020
According to the Congressional Budget Office’s (CBO) latest “Update on the Budget Outlook,” this year’s $3.3 trillion federal deficit is not just three times larger than last year: it is the largest federal deficit in history. The CBO update also predicts that the...
September 14, 2020
The overvaluation of stocks relative to the economy has placed them in such rarefied space that the market is subject to dramatic and sudden air pockets. Our Inflation Deflation and Economic Cycle model is built to identify both cyclical and secular bear markets and...
Dave Portnoy is shaking his fist at the stock market, daring it to give him a bigger pounding than it already has — telling his gambling fans how the $700 million he lost on Thursday, and the four-million he’s lost “in a f—ing blink” over the week is just a flesh...
September 12, 2020
Silver remains on a major BUY signal at the end of August. Long-term – on BUY signal as of end of August. Short-term – on sell signal. A correction is in progress.
Gold has a density of 19.32 g/cm3, whereas Silver has a density of only 10.49 g/cm3. Thus, a 1 oz bar of Silver will be almost twice as large as a 1 oz bar of Gold. Considering that the ounce of Gold is about 72.38 times more valuable than Silver (the price of one...
Our benchmark S&P500 is back on a long-term BUY signal. However, the current investing model remains in favor of bonds, therefore, investors should continue to overweigh with long bonds or bond ETFs for safety over growth.
September 10, 2020
We have to keep our eyes on the bigger economic cycle. It helps in maintaining a proper perspective, and putting more emphasis on the bigger prize rather than the day to day movements.
The bulls responded with an upswing, which I saw as probable to happen. Is the sharp correction over now? Thus far, my answer remains the same as yesterday – in terms of prices, the worst is likely behind us, in terms of time, we have a way to go still.
Next week brings the long-awaited September FOMC meeting. What is said and what is unsaid will have significant impacts on the short-term direction of COMEX gold and silver prices, so let's take some time today to speculate upon what may be coming.
September 9, 2020
Crude oil declined quite substantially this week, and it doesn’t look that the decline will be over just yet. After a given market clearly moves in a certain direction, corrective moves are bound to happen. After all, no market can move in a straight line up or down...
The bears retook initiative yesterday, twisting the hands of weak longs. Where is the usual buy the dip mentality, and all the complacency that is part and parcel of bull markets? It's not just stocks that are at autumn crossroads, and attract extensive comments and...
The best performing precious metal for the week was palladium, up 3.90 percent. Impala Platinum Holdings expects supply shortfalls for palladium to continue this year, sending the metal higher. The miner reported a 10-fold surge in profits to $950 million for the...
September 8, 2020
The bears pushed hard also on Friday, but couldn't close near the daily lows. Has the bid returned, and the correction is over now? Given Friday's lower knot and Monday's upswing, it might seem so. How does today's premarket downswing fir in the picture then?
The Fed has now officially changed its inflation target from 2%, to one that averages above 2% in order to compensate for the years where inflation was below its target. First off, the Fed has a horrific track record with meeting its first and primary mandate of...
September 5, 2020
In normal times, businesses that need capital offer a reasonable rate of return to individuals or businesses who have capital. For example, a mining company might issue debt with a 10% coupon to expand their operations. It could hire a broker syndicate to sell those...
Silver remains on a major BUY signal at the end of August. SLV is on short-term sell signal. A correction is in progress.
Our benchmark SP500 is back on a long term BUY signal. However, the current investing model remains in favor of bonds, therefore, investors should continue to overweigh with long bonds or bond ETFs for safety over growth.
September 4, 2020
So, it came – and I lean towards calling it the start of a correction. Right at the beginning of September, giving meaning to my yesterday’s doubts:(…) Isn't Wednesday's accelerated upswing too good to be true? While I have no doubts about stocks being in a strong...
September 3, 2020
Isn't Wednesday's accelerated upswing too good to be true? While I have no doubts about stocks being in a strong bull market, isn't a bit than stellar path ahear in the coming day(s)?
September 2, 2020
Tuesday was again one of those days of higher stock prices. Seems boring, I know, but there are still intraday opportunities to take advantage of. For instance, I took long profits off the table before much of the downswing hit, and reentered on the long side during...
I’ve been saying the stock market will take a turn for the worst sometime between mid-August and October. Numerous market metrics now show a market that looks ready to turn over. The bear may soon be back in charge.
September 1, 2020
While most of the Corona news is “baked” into the gold price, when the dust settles, $2000-$2500 is likely to be the new floor. The $1000 floor for gold took time to establish and the process involved significant pain for gold price enthusiasts.
Every day, higher stock prices every day – sounds really nice? I bet it does for those not caught still on the short side of the market. While readings are getting a bit too exuberant, are they frothy enough to justify a long-awaited correction?
August 31, 2020
Higher stock prices every day – or so it seems. And understandably so, given Fed's inflation tolerance, and regardless of consumer confidence taking an earlier hit. With the stimulus bill still stuck in Congress, the Fed is between a rock and a hard place. The...
“After thinking about it all day, I’m still not quite sure this isn’t a joke; a high-brow commitment of utterly brilliant performance art, the kind of Four-D masterpiece of hilarious deception that Andy Kaufman would’ve gone nuts over. I mean, it has to be, right...
If silver had the same kind of performance as the Dow since around the creation of the Federal Reserve in 1913, then it would have topped out at around $225oz. Yet, it only topped out around $50 in 1980 and 2011.
August 29, 2020
Silver is on a major BUY signal at the end of July. Major signals can last for months and years and are suitable for long-term investors. SLV is on short-term sell signal. Short-term signals can last for days to weeks and are more suitable for traders.
Our benchmark S&P500 is on a long-term sell signal but will change at month end. The current investing model remains in favor of bonds, therefore, investors should continue to overweigh with long bonds or bond ETFs for safety over growth.
August 28, 2020
The silver miners’ stocks have had a roller-coaster ride of a year, getting sucked into March’s stock panic before skyrocketing out in a massive upleg. While much-higher prevailing silver prices radically improve silver-stock fundamentals, Q2’s national economic...
Jubilant bulls stampede over the Fed's predictably dovish messaging – not that the central bank had (m)any other real options to begin with. The rip your face off rally that I called for a few days ago, goes on to the dismay of the bears. I told you that calling the...
August 27, 2020
If you feel like the silver stocks have not been keeping up with the silver price rally, then you’re going to want to see tonight’s video!
Wednesday – another day of strong gains in stocks. Where is that elusive top – will there be one? Given the limited maneuvering room of the Fed and its rising balance sheet, I am not expecting any surprise move to throw the bulls out of kilter. That doesn't rule out...
Platinum may be setting up in a technical pattern that is similar to the end of 2001/early 2002. At that time, Gold had already begun to rally above $340 and Platinum had rallied to levels above $600. Then, while Gold continued to rally, Platinum contracted to...












