Silver Editorials & Commentary

The New Year's Eve week has been quite nervous for the financial markets. Last days of 2019 brought declines in the risk-on assets, but then the sentiment greatly improved on Thursday. Not for long, as the Middle East crisis erupted later in the day… Will the coming...

USD/JPY can’t seem to find the bottom after swinging down steeply in recent days. Or will today’s price action turn out to be a meaningful turnaround?

Let’s put the geopolitical gyrations in oil into a proper perspective by taking a look at the monthly chart. The overall situation hasn’t changed much as crude oil is still trading inside the blue consolidation below three very important resistance (the red and...

With the significant decline in the US Monetary Base since 2016 (see here), there are some serious threats facing the monetary system.

Unlike gold, which has forged ahead, there has been very little change in silver since the last update. This is not surprising because gold is stronger than silver during the earliest stages of a new bullmarket, while silver performs the strongest during the late...

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.

The long-term signal on the broad market is up. However, the current investing model favors bonds, therefore, investors should continue to overweigh with long bonds or bond ETFs for safety over growth.

Seemingly unstoppable, the Australian dollar has been on a winning streak recently. Yet the bulls wavered in their efforts not so long ago. Is it a sign that the tide is beginning to turn? Or, is it turning already?

The overall situation in the short term remains almost unchanged as crude oil futures keep trading at around Tuesday’s levels. But can we glean more insights from today’s opening prices?

Although oil bulls managed to push the futures higher and broke above the upper border of the rising green trend channel during yesterday’s session, Monday’s upswing turned out only temporary.

Having traded in a tight range recently, USD/JPY has broken down yesterday. The momentum goes on and the pair’s losses keep mounting. Let’s explore what kind of change in outlook have these moves brought.

Let’s recall our Friday’s observations: Crude oil futures extended gains, breaking above the upper border of the rising green trend channel during yesterday’s session. This upswing took the futures right to the red gap. Let’s see how this has reflected upon the...

The financial markets were closed in the middle of last week. And there weren’t any important economic data releases. Hence, it was a very quiet week. However, the markets remained in a risk-on mode as stocks  extended their uptrend again. It’s worth mentioning that...

Crude oil futures extended gains, breaking above the upper border of the rising green trend channel during yesterday’s session. This upswing took the futures right to the red gap. Let’s see how this has reflected upon the daily indicators.

The Swiss franc has been trading around the green support zone recently, until it broke down earlier today. Is it a one-day event where the dollar bulls can be expected to step in shortly? Or is there some dollar-selling still ahead?

While silver’s charts do not yet look as positive as gold’s, that is normal at this early stage in the cycle, when gold is favored over silver, which attracts more speculative interest as the bullmarket progresses.

The Green New Deal resolution that was introduced into the U.S. House of Representatives in February hit a wall in the Senate, where it was called unrealistic and unaffordable. In a Washington Post article titled “The Green New Deal Sets Us Up for Failure. We Need a...

Silver is on a major BUY signal. SLV is on short-term buy signal. Long-term – on BUY signal. Short-term – on buy signal.

Did you know Dr. Frankenstein created a monster that stays alive to this day by eating zombies? Neither did the zombies. Neither, apparently, did Dr. Frankenstein. In fact, the zombies, being braindead as zombies are, do not realize that they are also keeping alive...

The long-term signal on the broad market is up. However, the current investing model favors bonds, therefore, investors should continue to overweigh with long bonds or bond ETFs for safety over growth. The best opportunities are in the energy and gold sector.

On August 27th, 2019, in an editorial published in Bloomberg, William Dudley, the former president of the Federal Reserve Bank Of New York, did what had previously been considered unthinkable. The foundation premise of the Federal Reserve is that it is supposed to...

Silver is expected to begin the next decade newly burnished, through a combination of higher industrial and investment demand, and tightened supply owing to mine production issues and output cuts.

Massive upside breakouts are taking place across the precious metals sector. Many mining stocks, especially silver-oriented, are skyrocketing. Unfortunately, I believe most investors who are Trump fans have become over-obsessed with the relatively minor but media-...

The Canadian dollar has been growing in strength recently, yet the greenback bulls staged a rebound recently. Just a pause in the previous trend, or a change in gears looms?

On Friday, we wrote: (…) Crude oil futures moved higher once again during yesterday’s session, overcoming the upper border of the rising green trend channel for the third time in a row. While the futures finished the day above this resistance, the bulls didn’t...

Friday’s subdued rally had more than a faint whiff of distribution about it. DaBoyz had shorts on the run in the early going, with the Dow up about 230 points in the first hour. But instead of reaming bears a new orifice as we might have expected, the erstwhile...

Speculation is now at a reasonable level to resume its uptrend. Long-term – on BUY signal. Short-term – on buy signal. Cycle is up. The multi-month correction may have ended. 

The long term signal on the broad market is up. However, the current investing model favors bonds, therefore, investors should continue to overweigh with long bonds or bond ETFs for safety over growth. The best opportunities are in the energy and gold sector.

God bless Paul Volcker. He was truly a one of a kind central banker and we probably won't see another one like him ever again. It took his extreme bravery to crush the inflation caused by the monetary recklessness of Arthur Burns and the fiscal profligacy of...

Although crude oil futures again moved higher during yesterday’s session, rising above the upper border of the rising green trend channel and 78.6% Fibonacci retracement, the bulls didn’t manage to hold gained ground. This very same development characterized action...

Brexit will be done by the end of next month, when trade negotiations with the EU will begin. Importantly, Britain’s negotiating position has strengthened immeasurably, and the new government is not afraid to use it.

The official US national debt in 1913 was $2.91 billion. In 1971, when President Nixon lied about temporarily disconnecting gold from the dollar, the official national debt was $398 billion.

The Swiss franc certainly appears to be in high demand lately but can it keep strengthening? With today’s candle being a bearish one, it seems one question too many. But let’s take a thorough look at the situation for what it is.

The markets were pretty quiet early last week ahead of Wednesday’s FOMC Rate Decision announcement. But it didn’t move them that much. All changed on Thursday following Donald Trump’s tweet about the coming trade deal. It set the risk-on mode. What about this week’s...

The global fixed income market has reached such a manic state that junk bond yields now trade at a much lower rate than where investment-grade debt once stood. Investment-grade corporate debt yields were close to 6% prior to the Great Recession.

Euphoria is a type of market rally where valuations, real market expectations, and global market concerns are pushed away from view while a trader based rush to rally takes place.  One of the clearest examples is the 1995 to 2000 DOT COM US stock market rally.

Large precious metals speculators cut back on their bullish net positions in the Silver futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

Clear back in June I made the following easy prediction about Trump’s negotiations with the Chinese leader whose face can only be improved by a caricature: The market finally fell in May after months of rising because it started to become clear there will be no...

Silver is on a major BUY signal. Long-term – on BUY signal. Short-term – on buy signal. Cycle is up. The multi-month correction may have ended. 

The long-term signal on the broad market is up. However, the current investing model favors bonds, therefore, investors should continue to overweigh with long bonds or bond ETFs for safety over growth. The best opportunities are in the energy and gold sector.