Silver Editorials & Commentary

The extraordinary run up in precious metals markets continues as silver makes some truly epic percentage gains while gold pushes further into record territory.

It always counts! That’s the problem. There is never a day off. Michael Jordans’ secret was to play each game as if it was his last. A consistent eagerness to win. This got him into a lot of trouble with management where political, strategic, and resource allocation...

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 buy 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, a major correction is in progress. 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.

Gold and particularly silver have surged again this week with 4% and 16% gains respectively. The scale of price gains for gold and silver has been very large so far in 2020 and they are the best performing assets in the world year to date with gains of 35% and 55%...

The mid-Feb bearish gap has been closed, and S&P 500 is getting ever closer to the Feb all-time highs. The outlook for markets on my radar screen is shining quite brightly too. So, what stands in the way of overcoming those Feb highs?

In a post-interest world, one cannot earn much return by financing productive enterprise. Instead, people are forced to speculate on whatever asset bubble is inflating at the moment.

I would like to finish up with the long term secular bull market we discussed in the Weekend Report for the US stock markets. Long term secular bull markets just don’t begin and end for no good reason. There has to be a catalyst that drives the markets higher over a...

Even though the silver price has surged over the past two months, we haven’t seen anything yet.  Step aside, Tesla.  Watch what happens when investors begin to understand the true meaning of “STORE OF VALUE.”  I can assure you; Tesla is not a store of value but...

Wednesday was a gap-up and hold type of session as the Emini S&P 500 (ES) could not muster enough strength after advancing for about +0.4-0.5% over the prior day’s closing print by hovering in the 3310s-3320s. Basically, the price action has been telling us the...

After another bullish gap and more intraday gains, stocks are likely to challenge the mid-Feb gap's upper border at around 3335 shortly. And once they succeed, the Feb all-time highs come next. And frankly, why shouldn't they make it there before the elections...

This stock rally has climbed a steeper trajectory than others, but it has had FAR more Fed fuel than any in history. Yet, it has still not reached as high so far as some if the other big ones are expressed in today’s dollars and graphed for when they would have...

We’ve been publishing updates recently after days when the silver price has spiked up. Now, after Tuesday’s trading action, silver trades over $26. Its price moved up over two bucks (about 8%).

The breakout above the early June highs has been more than confirmed, and the mid-Feb gap's upper border at around 3335 is the bulls' next objective. Earlier this spring, I've called for the Feb all-time highs to be challenged - and here we are, getting this close...

The level around $18 appears to have been very critical, especially since it is the 1920 and 1968 inflation adjusted high. It was an important level to cross on the way to the 1980 high, evidenced by the fact that it came back to that level (after it blast through...

Now, I have not gone raving silver bug on you. The title says “silver bull” because that is what silver is in, a bull market by definition of having taken out the 2016 high of 21.23. We targeted that point as a cyclical bull market gateway, silver cut through it...

The bulls are showing real staying power above the early June highs as Friday's bearish candle marked not a upcoming downside reversal, but a bullish comeback. Following yesterday's slow but sure climb, the rally's internals understandably improved. But isn't too...

It’s earnings season, and as of Friday, profits for S&P 500 companies were down roughly 34 percent compared to the same time a year earlier, with 62 percent of companies reporting.

FOMC came, FOMC delivered what we knew they would, FOMC left and the machines drove the markets down and up for a couple days, leaving the situation largely as it had been. NDX near its highs, SPX holding the support of its EMA 20 and DJIA thus far successfully...

Just as I called for, the bulls are winning in the battle to break above the early June highs lastingly. And it's not through technology, communications or the defensives – the other sectors keep more or less standing ground.

I've referred to pandemic stimulus as 'dead money', and the latest statistics would seem to bear me out.  Far from pumping up the consumer economy,  quite a few of the trillions of digital dollars ginned up by the central bank are being used to retire credit card...

According to the data released by Mexico and Peru’s governmental mining data, domestic silver production continued to be depressed in May.  Interestingly, the production data just released from Mexico’s INEGI shows that the country’s silver production in May was...

The rally in the value of the US dollar that had kicked off in February 2018 after the sell-off since December 2016 ran out of steam at 102.82 on March 20 – purely by chance, of course, this was the same day the DJIA had bottomed just before Wall Street started its...

Silver is on a major BUY signal at the end of July. Long-term – on BUY signal as of end of July. Short-term – on buy signal. Data not supportive for overall higher prices.

Our benchmark S&P500 is on a long-term sell signal, a major correction is in progress. 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.

The rally in silver prices has accelerated this summer, pushing spot prices to a six-year high this week. While the debasement of the dollar by huge fiscal and monetary stimulus has played a role in the broader outperformance of precious metals, silver has benefited...

The battle to break above the early June highs is on, and the bulls are likely to win it more lastingly this time around, thanks to tech earnings. The runup to their aftermarket announcement has been promising, and more gains were added once the numbers came in. Can...

Once the US$20 mark woke up the world and the seven years sideways zone was penetrated everybody asked where to get in, where to take profits and the typical headless chicken scenario unfolds fueled by the news and everybody having an opinion.

The good-bye kiss of the line connecting the early June highs indeed meant no farewell at all. Stocks rose in the runup to the Fed, and extended gains in its aftermath. Are the signs that made me merely cautiously optimistic about the bullish resolution, gone now?...

Silver has made impressive gains over the past week which resulted from its breaking out at last from the giant Double Bottom base pattern that started to form as far back as 2013, so it’s been a long wait for silver investors for this to happen.

Silver had a historic late-night Sunday rally, and now some of the banks and funds that are short are really racking up some big losses.

On 23 July, we said “One Of These Silver Days Is Not Like the Other “ The action on 27 July was not. Notice the big drop in basis starting around midnight (London time). It falls from over 7% to under 2%.

Even after yesterday's rebound, the S&P keeps trading merely at the early June highs. Is this just a reflexive rebound before the stock upswing rolls over to the downside? I don't think so, and in today's analysis will make the case why another leg higher is...

The best performing precious metal for the week was silver, up 17.79 percent. Silver had its biggest weekly gain in nearly 40 years and could keep soaring. The metal hit its highest level since 2013. Mike McGlone, commodity strategist at Bloomberg Intelligence says...

Something BIG happened to silver this week.  Due to certain positive indicators, I believe silver is now in a new Bull Market.  It has been seven long years since the silver price was $23.  And with the current momentum, we may see another leg higher this week.

With silver breaking out decisively to the upside, bears are running for cover. We had noted in our Coin Shortage Ramps Up War On Cash , “We are paying especially close attention to the bull vs. bear tug-of-war in the silver market around $19/oz. If the bulls yank...

Going into Friday, I was still sticking to the bullish S&P 500 outlook. As the index declined, are the prospects of higher prices gone? Not at all, and today's analysis will examine the signs that still lean bullish despite the precarious technology position.

It is summer 2020 and media of all types are full of talk about financial crashes and global resets. Yet no one seems to give specifics as to how a reset should occur. We have a great idea as to how to about it, but first let's briefly assess the current situation...

Bitcoin has been moving sideways for many, many weeks. In the meantime precious metals and stock markets rallied significantly. As well, DeFi has been exploding over the last two months. Hence, Bitcoin and Ethereum look poised to start a catch up rally rather very...

This week all the excitement was in the old monetary metals, so for a change let’s start with gold which closed the week at a new all-time high of $1900.88, or a 0.00% in the BEV Chart below.  Gold hasn’t seen a new BEV Zero since August 2011, almost nine years ago...