Since the Great Recession hit in 2008, central banks have been in the business of keeping insolvent governments from defaulting through the process of pegging borrowing costs near zero. These money printers are now in the practice of propping up corporations--even...
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.
May 11, 2020
Everyone thinks they know the cause and effect of the Federal Reserve’s response to crises such as 2008 and 2020. The Fed prints money to buy assets. This increases the quantity of money. And this causes prices to rise. The Fed wants this, because it thinks that ...
Today I would like to focus in on silver which remains one of the best bargains in the PM complex right now. When I first became acquainted with the PM complex back in early 2002 I learned quickly that just because gold may have had a good rally sometimes the PM...
The way you see silver now depends on whether you see a glass that is half empty or half full. If you are a pessimist by nature you will be grumbling about its underperformance relative to gold up to this point, but if you are an optimist, as we certainly are with...
For many years now, metals traders and enthusiasts have been patiently waiting for the move in Silver that we feel its eventually going to happen. There is almost a ritual process in the metals market that takes place when a crisis happens. We’ve written about this...
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.
May 9, 2020
Silver is on a major SELL signal. SLV is on short-term buy signal. Speculation dropping while prices are bouncing.
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.
May 8, 2020
Precious metals markets appear to be gearing up for another leg higher. On Thursday, the metals complex rose sharply across the board. Gold gained about 2.5% while silver packed on nearly 4%.
In our previous analysis, we wrote about crude oil’s strength. We emphasized how it was able to break above its declining resistance line and open the day with a price gap, despite numerous previous signals that had been pointing to the downside. We wrote that this...
May 7, 2020
Bitcoin, the unstoppable train. This is true if we look at the last 11 years of price action. This is also true if we talk about unstoppable code and the fact that bitcoin doesn’t need any regulation because its code is THE LAW! However, in this chart-book we are...
This may be my most important article to date. Bill Gates went viral in several controversial interviews last month, advocating mandatory digital ID as proof of coronavirus vaccination as soon as a vaccine is available. The proof will be required, if Gates has his...
May 6, 2020
Tuesday’s session played out as a ‘gap up and go’ structure that faded in the final few minutes of regular trading hours (RTH). If you recall, RTH opened at 2863.25 after Monday’s closing print of 2827.5 on the Emini S&P 500 (ES), so it was a +1.2% gap up. Then...
In yesterday’s Oil Trading Alert, we opened a long position based on crude oil’s exceptional strength, and this position is already over $2 profitable. Crude oil is taking a breather today, but it doesn’t seem that this pause is the end of the rally. These are the...
May 5, 2020
Overnight, Natural Gas broke above the $2.00 price level as we expected. On April 6, 2020, we published our research that Natural Gas was setting up a bottom pattern and that our seasonal analysis suggested April and May should prompt a price rally in Natural Gas...
Stocks opened yesterday with a bearish gap, yet the 50% Fibonacci retracement withstood the test, and the bulls staged a comeback. Let’s dig deeper into the health of the comeback – does it mark a reversal?
Jewelry posted a 1 percent decrease to 201.3 million ounces, primarily due to soft demand in India and China. In contrast, Thailand achieved a 13 percent increase last year and growth was also registered in Indonesia, Japan and Italy.
May 4, 2020
My friend Larry Kudlow always says that Profits are the mother's milk of stocks. That used to be true when we had a real economy. But sadly, that is no longer factual because we now have a global equity market that is totally controlled by central banks. To prove...
The U.S. public debt increased at the fastest rate ever during April. Due to the negative economic impacts stemming from the global contagion, the U.S. Treasury increased the federal debt by a whopping $1.3 trillion in a single month.
Congress seems to be at war with the states. Only $150 billion of its nearly $3 trillion coronavirus relief package – a mere 5% – has been allocated to the 50 states; and they are not allowed to use it where they need it most, to plug the holes in their budgets...
May 2, 2020
Silver is on a major SELL signal. SLV is on short-term buy signal. Speculation actually dropped despite higher silver prices.
It was the best of times, it was the worst of times. April closed as the best month for the US stock market since the V-shaped recovery that followed the Black Monday stock market crash of 1987. April also delivered the deepest, broadest economic collapse of any...
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.
May 1, 2020
Silver is powering higher in a new bull market after getting clobbered in March’s stock panic. Investors have been flocking back to silver in the aftermath of that ultra-rare extreme-fear event. That brutal selloff also utterly wiped out speculators’ upside bets...
April 30, 2020
Before we look at tonight’s Precious Metals charts I would like to make a comment on the US stock markets. I will take some flack over some of the comments I’m going to make but that’s fine as it won’t be the first time nor the last.
This week Treasury Secretary Steven Mnuchin called out “mismanaged” states, suggesting that the federal government should not be responsible for bailing out states that had poorly managed budgets before the coronavirus pandemic brought business activity to a halt,...
April 29, 2020
I recently talked with Jim Goddard at HoweStreet radio about gold, silver, miners, the dollar, among other things. Many markets are at major turning points and its critical that investors understand where we are in the major market cycles.
Despite opening with another bullish gap, the buyers just could push stocks higher yesterday. But the futures have rebounded in the overnight trading, so can the S&P500 upswing continue now?
April 28, 2020
It hasn’t been fun for silver investors. Gold has moved higher in response to the crisis, but silver has been nothing but weak and vulnerable this year. Is this silver’s destiny? Is this all that we can expect for the foreseeable future?
April 27, 2020
The silver futures price is near $15.50 per ounce but good luck buying the white metal anywhere near that price (with one notable exception discussed later).
The response to the virus has added a new mechanism of capital consumption to the many we have documented over the years. Businesses are shut down, yet they continue to incur expenses. There is a popular misconception out there that this is merely a paper loss. One...
April 25, 2020
Silver is on a major SELL signal. Speculation actually dropped despite higher silver prices. Long-term – on SELL signal as of end of March. Short-term – on buy 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.
April 24, 2020
Stocks appeared to be making a decisive move higher yesterday, and then a sharp move lower struck. Did it have a catalyst, and if so, what can we make out of today’s premarket upswing? How does it reflect on the technical outlook for stocks?
April 23, 2020
Bucking Tuesday’s breakdown below the 50% Fibonacci retracement, stocks have pushed higher yesterday to return back around this key resistance level. The bears have suffered a setback yesterday, but it proved important to wait for the session close in order to...
April 22, 2020
Sector expert Michael Ballanger voices frustration with his own generation, which has "turned a blind eye" to the radical, fiscal and moral principles that shaped it.
From the unimaginable lows, crude oil is shaking off the dust. Moving higher, can it rise like a phoenix? Before moving to the technical part of today’s analysis, it seems that a quote from yesterday’s Oil Trading Alert would be appropriate:
Monday’s spectacular and unprecedented collapse of oil prices is, rightly so, the subject of non-stop commentary. Already considered depressed on Friday’s close, at $18.27/bbl., the May NYMEX crude oil futures contract, at Monday’s official settlement price, had...
With the whole world rubbernecking at the scene of crude oil's crackup, you could lose sight of why it matters. Listening to Trump fret about it tells us nothing. He has endorsed collusion by energy suppliers, the better to push prices back up to...whatever.
April 21, 2020
Even the most casual silver investor must be discouraged with what has happened to silver prices recently. But what about those who were/are super bullish? How do they feel?
April 20, 2020
A central bank-financed UBI can fill the debt gap, providing a vital safety net while preventing cyclical recessions. According to an April 6 article on CNBC.com, Spain is slated to become the first country in Europe to introduce a universal basic income (UBI) on a...












