Silver Editorials & Commentary

In Oil Trading Alerts yesterday and on Wednesday, we described the reason due to which crude oil’s long and boring consolidation is likely coming to an end. This reason was the rising support line that was being tested. We precisely wrote the following:

As expected, the S&P 500 closed back above the mid-June highs resistance yesterday. The volume slightly rose but I wouldn't read too much into it – after all, the early June highs of around 3230 should provide for a bit stiffer battle. How the market reached the...

Time is a dimension of the physical universe where events happen in an irreversible succession. In this continued progression from the past into the present towards the future many abnormalities can be found. One of them being that when pressure comes into play time...

The S&P 500 recovered from yesterday's premarket slump and tried reaching for Monday's highs again before losing altitude. Have we seen a daily reversal, and if so, how serious is this?

The US has its share of problems right now (see One Crisis Is Manageable. Five Might Not Be). But China is right up there in the “when it rains it pours” sweepstakes. As the apparent source of the covid-19 pandemic, it’s still battling new cases and may yet be...

Since Monday's premarket open, the S&P 500 was steadily rising before stabilizing above the mid-June tops. While the index comfortably closed at its intraday highs, can we trust this breakout? While a little breather following the string of five consecutive days...

The fundamentals for silver and gold are very strong, and with all the massive bailouts and stimulus, which have increased debt levels, they are just getting stronger. Until a significant portion of these debts is repaid or defaulted on, it would be foolish to talk...

Supported by another strong ADP non-farm payrolls, the S&P 500 extended its premarket rally on Friday, but it quickly ran out of steam. How concerning is seeing most of its intraday gains gone? That's actually not the only sign of short-term non-confirmation....

Between different schools of economics there is much confusion over the link between changes in the quantity of money and prices, exposed afresh by the collapse in GDP due to COVID-19 and the aggressive monetary response from the authorities to contain the economic...

Long-term – on SELL signal as of end of June. Short-term – on sell signal. A consolidation is in progress. Silver is on a major SELL signal.

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 founders of Midas Touch Consulting meet regular to measure the highest probabilities of the future market. We focus at the big picture. Usually, the latest and greatest, meaning recent events  shape and reshape this outlook. Not this time. Quite the contrary. We...

After a slight hesitation in yesterday's premarket, the S&P 500 hasn't much looked back since. And importantly, the credit markets – my biggest concern – had finally caught a bid. Their own reversal was less pronounced, making one question the corporate bond...

Stock bulls retraced over half of Friday's plunge, but does it count as a reversal? When I look at the volume, the weekly chart, and the credit markets, I have my doubts. Or will the Powell & Mnuchin testimony and Chicago PMIs ride to the rescue, and provide a...

V-shape mania appears to be tapering off. Years from now, market historians will come to regard the spectacular rally since late March as a case study in mass psychosis. The explosive resurgence of bulls is not only unsupported by economic reality, it flouts common...

Much of what is written in the parallel Gold Market Update is equally applicable to silver and it will not be repeated here.

Friday's overnight gains evaporated faster than you could say Jack Robinson, and not much bottom fishing came later that day. Is the tide in stocks turning – or has it turned already? With Thursday's financial news-driven gains reversed in a flash, it's tempting to...

In accepting the Democratic nomination for the presidency on July 2, 1932, President Franklin D. Roosevelt spoke of a “new deal for the American people” who had been ravaged by the Great Depression. 

Bloomberg reported this week that thirteen US companies (in the 50-million-plus size) filed for bankruptcy last week. That brought the total for the big boys and girls this year to 117, which matches the record peak for the first half of a year set in 2009.

Silver is on a major SELL signal. SLV is on short-term sell signal. Data is favorable 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 gold and silver market rallied earlier this week to record slight new multi-year highs before giving back some of those gains late Wednesday and into Friday morning.

In the past when borrowers couldn't pay their debts with interest they became the serfs of money lenders. That's why usury was often forbidden. Usury was the road to serfdom. Most people have forgotten about that. Nowadays most money is debt. Money is loaned into...

Silver is still near all-time lows in many ways. One of the most significant measures wherein silver is at an all-time low, is its price relative to the amount of US dollars (US monetary base) in existence.

Look at the plethora of problems in my list of 2020 economic predictions, which are so severe and so likely to get even worse that it’s more difficult to imagine they won’t get worse than to believe they will. Some are so bad that just a few of them would plunge us...

Stocks made quite a move out of the 5-day long congestion yesterday – is the downside move drawing to a close? I don't think so yet, and today's analysis will discuss quite a few reasons why. As for the battle of narratives, the corona fears are gaining the upper...

With COMEX gold getting very near new 2020 highs, concern is growing that COMEX silver is not coming along for the ride. Let's give it a few days and then check back.

There are lies, damned lies, and economists. Whether these economists work for the government or a bank, they spend all their time on the computer extrapolating current trends with minor adjustments. 

Crude oil moved above the previous highs and at the moment of writing these words, it’s testing the upper border of the March price gap. And given the fundamental news that are reaching (and likely to reach) the market – the increasing Covid-19 cases in the U.S. and...

To most people, if they are familiar with it at all, BlackRock is an asset manager that helps pension funds and retirees manage their savings through “passive” investments that track the stock market. But working behind the scenes, it is much more than that.

We are reading now about possible regulations for air travel. In brief: passengers might be forced to spend hours at the airport. Authorities will perform medical checks, including possibly needles to draw blood, no lounges, no food or drink on board the plane,...

It is my privilege now to welcome back our good friend David Morgan of The Morgan Report. David, we appreciate the time, great to have you on again and how are you?

Friday's session added a new wrinkle to the bulls, and especially its close is a fly in the ointment for Thursday's encouraging signs. I anticipated the sideways-to-down period to arrive in July – but aren't we at its doorstep already? The narratives haven't changed...

Silver is on a major SELL signal. Data is now favorable for overall higher prices. Long-term – on SELL signal as of end of May. Short-term – on sell signal. Cycle is down. A correction is in progress.

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.

Regardless, the reason I believe silver will be one of the few KEY INVESTMENTS to own going forward has to do with the dire energy predicament we face… which I label as the ENERGY CLIFF.  Unfortunately, most analysts that look at silver as more of an industrial...

We previously wrote that while it was tempting to bet on crude oil’s prices due to their weakness, it was not a good idea from the risk to reward point of view, as black gold didn’t invalidate the breakout above the early-March high. And it was definitely a good...

In recent issues of Seasonal Insights, my colleague Tea Muratovic and I shared our analysis of global stock markets with you…Magnifying Glass For You: Silver. Today I want to put a popular precious metal under silver, often referred to as the "little brother" of...

You may ask whether the S&P 500 rebound has stalled, or is that just a healthy consolidation – to which I would reply that the market is merely digesting gains from its sharp upside reversal. In the battle of narratives, the corona second wave fears still play...

With yesterday's hefty gains taken off the table, and a new profitable position that has them secured already, will the S&P 500 let me add to the tally some more still today? Given yesterday's Powell-testimony-induced wild swings and preceding strong retail...