Silver Editorials & Commentary

When the World Health Organization announced on February 24th that it was time to prepare for a global pandemic, the stock market plummeted. Over the following week, the Dow Jones Industrial Average dropped by more than 3,500 points or over 10%. In an attempt to...

After Monday’s plunge, stocks staged a rebound on Trump’s stimulus promises. While the bulls closed higher than the market opened on Monday, was it a resounding show of their strength?

Yesterday was the greatest crash in Wall Street history by one measure, and took down many other milestones. The Dow plunged 2,012 points in its largest single-session drop on record! Percentage-wise it was down 7.8%, which still knocked out decades of lows, leading...

If you do not understand implied volatility and you are buying put or call options or some combination, you have been warned! The market continues to move very fast, has large swings, and one would think that makes it an excellent time to buy options for huge gains...

Wall Street hit a new all-time high on February 20th. It was supposed to be smooth sailing from there, riding along the global liquidity wave. But then, that wave crashed into what turned out to be the fastest correction from a new high in the history of the US...

I promised you on Friday that I would take an in-depth look at the energy complex in the Weekend Report. If there is one sector to define the possible deflationary event we’ve been discussing for the last several months or so oil is probably the most important...

There is a potential global tragedy that is unfolding in terms of the coronavirus epidemic, that may be on the verge of becoming a global pandemic. We simply don't know - nobody knows - at this stage what the eventual impact and number of mortalities will be in the...

Silver is on a major BUY signal. 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.

The long-term signal remains on buy at month end. However, the current investing model favors bonds, therefore, investors should continue to overweigh with long bonds or bond ETFs for safety over growth.

When investors become increasingly concerned about the financial system, they rush into physical precious metals.  And, this is precisely what we see taking place at the U.S. Mint as sales of Silver Eagles surged in the first three days of March versus the entire...

Macroeconomic and geopolitical conditions will remain broadly supportive for precious metals, encouraging investors to remain buyers of silver, a development that should lift silver prices higher this year, according to officials of the Silver Institute. The...

Though we just wrote about this last week, Tuesday's "emergency" fed funds rate cut demands that we write this update. Why? Because the bond market action in the hours since foreshadows even more cuts later this month, and this will have direct implications for gold...

On Monday Wall Street pared back losses from last week’s sell-off, the worst since 2008, but it was only the promise of lowering interest rates, the return of the “punch bowl” hearkening back to recession-era stimulus, that has temporarily ameliorated coronavirus...

Oops, the coronavirus expanded into a bubble of illness and deaths. Like all bubbles, financial or otherwise, this one will expand, burst, collapse and cause collateral damage. When will the “everything” bubble collapse? When will the coronavirus be contained? How...

In the latest update to the Rick’s Picks home page, I’ve revised an interest rate forecast for the 30-year bond to — better sit down for this — 0.73%. This is an implied recession/depression away from the current 1.60%, so you may want to jot the new number down. I...

The Federal Reserve on Tuesday gave the market a double-dose of exactly what it thought the market needed, and the market just about died! On the theory that, if a little is good, more is better, the Fed gave a double cut of interest. It did not go as planned.

Stocks opened on a strong note yesterday, and the bulls have been adding to their gains throughout the day. Forcing a close above the nearest resistance, does it mark the end of selling? In other words, have we seen a lasting turnaround?

The big news this week was the drop in the prices of the metals (though we believe that it is the dollar which is going up), $57 and $1.81 respectively. Of course, when the price drops the injured goldbugs come out. We have written the authoritative debunking of the...

After yet another bout of heavy selling on Friday, the bulls stepped in well before the day was over. Cheered by Fed assurances of being ready to support the economy, did they see the light at the end of the tunnel? Global markets are salivating at the prospects of...

During the first half of yesterday’s session, the bulls were in the driving seat after repelling sellers at the open. Yet again, their gains have evaporated, and stocks not only broke to new lows, but also closed there. Will today’s session be any different?

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This article was conceived as a “souvenir article” to assist those of you who did the trade - and I know from feedback that a significant number of you did - in gloating at its glorious success – but here’s the thing, working on it turned up some valuable insights...

Silver is on a major BUY signal. Long-term – on BUY signal. Short-term – on sell signal. Cycle is now down. A correction is in progress. 

The long-term signal remains on buy at month end. However, the current investing model favors bonds, therefore, investors should continue to overweigh with long bonds or bond ETFs for safety over growth.

It just can’t get bad enough, and I can ‘t write fast enough. The headlines at the end of the week are now stunning, so I’m going to share several of them along with some quotations from the bawling and dying market bulls. In just one week, this has become the...

That didn’t take long. Just a month ago, I wrote, “Stock Market More Overpriced And Perilous Than Anytime In History  ,” stating that the market was poised for a big fall because “some of the market’s most fundamental valuation metrics are now printing at levels...

A short note to update Active Asset Allocator clients that our risk-focused strategy continues to work well and has returned +4.5% in 2020 year-to-date, despite the stock market volatility in recent days. This follows a strong +11.4% return for 2019.

The bulls didn’t really get their act together yesterday, and the early gains evaporated a few hours into the session. As stocks closed near their daily lows, what chances of invalidating Tuesday’s  breakdown below the important support do the buyers have?

From Charles Nenner: “It’s Time to Sell.” (January 28, 2020) “Market will go down 40%” “We are totally out of stocks.” “These bull markets don’t stop on a dime.” “Small investors are upset if they miss another two or three percent to the upside, while the big...

While attention is focused on the overall scale of COVID-19, from many of the leading specialists at Imperial College, Hong Kong University, and Harvard University. If this is a pandemic, which looks more and more likely by the day. Where is this pandemic currently...

Cryptocurrencies are based on blockchain technology that allows for de-centralized peer-to-peer transactions to take place outside the government-controlled banking system. Backers of cryptocurrencies such as Bitcoin tout their privacy advantages and resistance to...

Some would call yesterday’s session Black Monday. Little wonder as the S&P 500 finished down more than 100 points from Friday’s closing bell. The overnight recovery in the futures gave up most of its gains, and stocks are again hanging close to yesterday’s...

In Fed Chair Jerome Powell's appearance before Congress on February 11th, formerly known as The Humphrey-Hawkins testimony, he asserted that the U.S. economy was, "In a very good place" and "There's nothing about this expansion that is unstable or unsustainable."...

It is the senseless things of this world that sometimes knock sense into the high and mighty whose hubris causes them to believe they cannot fall. In this case, the tiny COVID-19 virus (coronavirus) is bringing down a global house of cards long perched to fall —...

While last week brought us higher stock prices, Thursday and Friday were bad days for the bulls. And little wonder, as the technical deterioration continues to play out. Looking at both the closing prices on Friday and today’s premarket action, how close to the end...

Now that we are hearing stories about the viral threat of superspreaders, of deepening economic paralysis around the world, and how it could take 18 months to produce a vaccine, investors’ show of bravado in recent weeks seems to have melted away.

Silver continues to put in a laggardly performance relative to gold, but this is not a cause for concern, it is normal at this stage in the cycle, and it gives would be investors in the sector more time to position themselves.

Who says there is no recession anywhere in sight? It depends on where you are looking. In short, manufacturing remains in recession; corporate profits remain in recession; freight remains deep in recession; Carmageddon remains in recession; and the Retail Apocalypse...

Silver is on a major BUY signal. 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 equity/bond model - This long term reliable investing model provides investors with simple decision making in the markets: When the model favors stocks, investors should overweigh in equities for maximum growth. When the model favors bonds, investors should...

I neglected to include an important one from a different vantage point, the Silver/Gold ratio. So let’s tuck it in right here at the top of the post. While there are other utilities for this indicator, a decline is surely in keeping with the deflationary hints of...