Louis break-downs the current 2 billion ounce silver deficit and says, "there is something very wrong with the numbers". Here's the problem...Rory and Louis look into the silver deficit. The U.S. Mint may be showing very low sales this year, but those sales numbers are insignificant in regards to the movement of actual physical silver worldwide.There is also discussion of The Silver Institute, whi...Read More
SD Friday Wrap: With Gold down slightly and with silver up on the week, these are just the waves we have been waiting for...Today started out like all BLS Jobs Report Fridays. As the Nonfarms Payrolls Report was released, gold had an exceptionally rough time:$2,605,900,000 worth of paper gold traded within just four minutes (20,600 contracts).That was not the first hit, however:Gold got a second h...Read More
Mannarino tells Silver Doctors that precious metals are on sale right now with all the easy money sloshing around, but the markets are now dictating to the Fed, and Greg points out something that not even the Fed could know...Gregory Mannarino of Traders Choice interviewed on SD Weekly Metals & MarketsGregory Mannarino says that gold and silver are on sale right now.The stock market is at all tim...Read More
Bix Weir provides an update on the US Mint, and what Bix calls the "Silver Eagle Conspiracy". This is very timely as Bix says the US Mint is dying...Bix Weir says the US Mint has been "dying" ever since JP Morgan stopped buying American Silver Eagles.Bix gives an update on the US Mint, ties in the names and places in the silver conspiracy, goes over the history of the secret silver.Here is what it...Read More
Koos Jansen has shared a 4 paragraph article that shreds the belief that the silver price is suppressed...First, the public tip:A silver price-suppression theory gets debunked https://t.co/hRICKw5DLO- Koos Jansen (@KoosJansen) October 6, 2017And here's the four paragraph reason why there is no silver price suppression:Embracing the belief that a bank or a cartel of banks has suppressed the prices...Read More
Palisade Research October 6, 2017 Category: Research Current Price: C$0.34Shares Outstanding: 68.7 million (post-EBRD financing)Market Capitalization: C$23.5 millionCash: ~C$5.92 million (post-EBRD financing) A copper discovery of Kincora's proposed magnitude will significantly rewards investors.One example of an explosive copper discovery is Camino Minerals (TSXV:COR, Mkt Cap: $27M). When the com...Read More
Here's a crash course in all things survival and prepping. From ammo, food and water, to gold, silver and bartering, here's a great primer for anybody new to precious metals or prepping, and an urgent refresher for everybody well along their paths to preparedness...James Wesley Rawles interviewed on Reluctant PreppersJim Rawles, senior editor of SurvivalBlog.com, joins Reluctant Preppers to answe...Read More
The Ted Butler Article "Thoughtful Disagreement" that sparked a reply from Keith Weiner. Ted is in the camp understanding that precious metals price suppression and market manipulation are real. Here's what he had to say in his latest article...By Ted ButlerI caught a good interview by Charlie Rose on Bloomberg TV the other night of Ray Dalio, founder and head of Bridgewater Associates, the world'...Read More
Keith Weiner has penned a "Thoughtful Disagreement" to Ted Butler's "Thoughtful Disagreement". If the NFL has lost it's luster this season, here's an offering of two quarterbacks playing the same sport, but they are on very different teams indeed... by Keith Weiner of Monetary MetalsDear Mr. Butler:In your article of 2 October, entitled Thoughtful Disagreement, you say, "someone will come up with...Read More
SD Midweek Update: Silver may have finally carved a bottom from the latest price smashings. But silver just found out, yet again, what "Hammer Time" is all about. However, significant downside pressure from here will be hard to pull off...Since the silver market opened on Sunday night, there seems to have been a bottom carved out on the chart: The action on the daily supports the rounded bottom...Read More
Well that didn't take long. The U.S. Mint sold the entire 2017 American Palladium Eagle mintage after launching the coin just days ago. Silver, on the other hand, just reached a new milestone bottom in sales. Here's a breakdown...The American Palladium Eagle coin has sold out at the U.S. Mint just days after the release of the first ever palladium coin: So much for the whole "sufficient quant...Read More
SD Monday Outlook: Time to talk support. We're gonna need it...Yesterday, what can perhaps be called "the biggest event" since the Euro currency was born took place. Before anybody is quick to shout "Brexit", let's understand that the British voted in favor of Brexit in June of 2016, and just last month, PM May laid out plans to work on a two-year transition. On the other hand, on Sunday, 89% of C...Read More
Below looks at Gold and Silver patterns on a "Monthly basis" over the past 7-years. The rally in Gold and Silver since early 2016, has taken both of them back to test levels that were heavy for each of them over the past few years.CLICK ON CHART TO ENLARGEJoe Friday Just The Facts Ma'am- Gold and Silver created "Monthly Reversal" pattern this month at each (2), just under key overhead resistance a...Read More
Palisade Research September 28, 2017 Category: Research Current Price: $2.26Shares Outstanding: 12.4 millionMarket Capitalization: $28.0 millionCash: $4 millionRain Man is not a self-given nickname. Dave Mathewson is synonymous with gold exploration in Nevada, and the nickname was given due to his multi-million-ounce discoveries in and around the Rain District.(Dave Mathewson, Source: Corporate Pr...Read More
Gold has been weaker than King Dollar the majority of the time since 2011 highs. Gold has been stronger than King Dollar since Christmas of last year. Which trend is going to be the key trend over the next few months?Below looks at the Gold/US Dollar ratio over the past seven years and highlights that an important price pattern is taking place-CLICK ON CHART TO ENLARGEThe Gold/US$ ratio has remain...Read More
Gold & Silver long-term trends have been lower since highs back in 2011. Counter trend rallies have continued to frustrate metals bulls as they continue to fizzle out. Are current counter trend rallies in Gold & Silver about to fizzle out again?Below looks at Gold and Silver on a monthly basis over the past decade-CLICK ON CHART TO ENLARGEGold and Silver this month tested resistance lines that wer...Read More
Palisade Research September 11, 2017 Category: Research One year away from graduating from Wharton, Matt Geiger dropped out.You can imagine the response from his parents, who met at Stanford and subsequently became entrenched in the world of Silicon Valley business.Nonetheless, Matt was not your typical student, even for Ivy League standard, having just raised significant capital for a resource fu...Read More
Gold has been weaker than the US$ since 2011 highs, highlighted in Gold/Dollar chart below. The ratio is attempting to do something this week that it hasn't been able to accomplish the past few years-CLICK ON CHART TO ENLARGEThe ratio has traded sideways for the past three years, inside the blue shaded zone-Joe Friday Just The Facts Ma'am- Gold/Dollar ratio is attempting a breakout above dual mult...Read More
Six years ago this week, the Power of the Pattern shared that "Gold could be flat to down for years to come!" See Why the Power of the Pattern felt this way. See Post Here Below looks at the performance of Gold, Silver, GDX and GDXJ since the post on 9/1/11-CLICK ON CHART TO ENLARGECould the struggles of the metals markets be about to end? Mother of all "Bullish Patterns" in play for Gold? Could...Read More
Below looks at the Gold/US Dollar ratio over the past 8-years. The ratio is testing a level that has been critical to Gold bulls for the past few years and we suspect it will be critical for it again at this level!CLICK ON CHART TO ENLARGEThe ratio declined sharply from 2011 thru 2013, where it hit a low in the 14.4 level. After hitting this level, the ratio rallied and created a new trading range...Read More