There's no physical silver on this side of the pond, and there's severe backwardation in London. Harvey explains...by Harvey Organ of Harvey Organ BlogMARCH 19/ANOTHER HUGE VOLATILE DAY: GOLD DOWN 90 CENTS TO $1476.30//SILVER UP 38 CENTS TO $12.12//BIG DISCONNECT BETWEEN PHYSICAL SILVER AND PAPER SILVER//CORONAVIRUS UPDATE//LAGARDE FIRES HER BAZOOKA OF A HUGE 750 BILLION QE AND GOLD FALLS//BANK OF...Read More
We've had a COMPLETE SHIFT, and the America we had one month ago is not the same as the America we have now. Gregory explains...Gregory Mannarino interviewed by Dunagun Kaiser on Reluctant Preppers?EUR<- Record stock market volatility,?EUR<- Record collapsing T-Bond Yields,?EUR<- Record oil collapse,?EUR<- Record crisis interventions by the Fed,?EUR<- Record crash in silver - despite record physi...Read More
None of the manipulation crowd or conspiracy theorists got it right!by Bob Moriarty of Streetwise ReportsEvery time the price of gold and silver go down in a big way, the manipulation/conspiracy crowd come creeping out of their rat holes to start preaching about naked short selling and a disconnect between physical metals and paper markets. As you will see, both issues tend to reveal how little th...Read More
Crazy? Wasn't it just as crazy to expect silver below $12 just a month ago?by Przemyslaw Radomski via Sunshine ProfitsIn yesterday's free analysis, we explained why a short-term corrective upswing in the S&P 500 was likely just around the corner. In today's article, we'll discuss how it's likely to impact our silver price forecast. We'll also make comment on the current opportunity in silver...Read More
The world economic and financial markets have entered into a crippling cannibalization of the system in which few are prepared...by Steve St Angelo of SRSrocco ReportThe world economic and financial markets have entered into a crippling cannibalization of the system in which few are prepared. While the politicians, financial analysts, and media are providing optimistic forecasts for the future,...Read More
SD OUTLOOK: As the paper price totally disconnects from reality, physical precious metals, aka REAL MONEY, will now go into hiding...Well, what do you expect?The paper price of silver is totally disconnecting from reality.If you're one of those chart huggers, then go hit up Peter Brandt on Twitter and I'm sure he'd be happy to point out his entry point for some SLV.It is amazing to see such trust...Read More
You see Peter, some people would rather not have something fake, but would rather have real money, at any price, during this paradigm-shifting financial crisis...Look anywhere, and you will be HARD PRESSED to find one American Silver Eagle selling for less than $20!Why is the price for one ounce of real, physical silver over $20 right now?Premium creep.Paper is unlimited and infinite in our rigged...Read More
Chris MarcheseChief Mining Analyst, GoldSeek & SilverSeekWeek Ended March-13, 2020$USA $EDV.to $EQX.to $FSM $FNV $WPM $KGC $MAX.to $OSK.to $PVG $NVO.V America's Gold and Silver Corp: Reported FY 2019 production of 5.8m AgEq oz, though only 1.2m oz. of that was actual silver ounces, the rest being base metals converted to silver equivalent. 2019 was a transition year for the company as it rec...Read More
With the spread of the Global Contagion, the demand for physical precious metals has increased significantly...by Steve St Angelo of SRSrocco ReportWith the spread of the Global Contagion, the demand for physical precious metals has increased significantly. According to the U.S. Mint's newest update, another million Silver Eagles were sold over the past two days. This brings to total Silver Ea...Read More
SD Friday Wrap: Last weekend was the last normal weekend. Here comes the grave new world, so dig in and hunker down before next week if possible...Editor's Note: These charts were set up before 12:30 p.m. EST and do not reflect price action after that time.*****I don't have a lot of time to write this Friday afternoon.Please accept my apologies in advance.You don't have a lot of time to be reading...Read More
Just days after gold traders, gold investors, and goldbugs thought the sharp decline was nothing more than a bad dream, reality kicked in...by Przemyslaw Radomski via Sunshine ProfitsIn yesterday's analysis, we wrote that the outlook for the precious metals sector remained bearish, and we wrote that if you've been wondering which parts of the precious metals sector are likely to decline the mo...Read More
The cat is out of the bag when it comes to silver manipulation...by Bix Weir via Road to RootaThe Cat is out of the Bag when it comes to Silver Price Manipulation and the criminals KNOW that the Regulators will not do anything to stop it...for the good of our American Way of Life!! Buy physical silver NOW!! Read More
The next several months are likely to be very disappointing for the precious metals bulls...by Przemyslaw Radomski via Sunshine ProfitsIn yesterday's extensive Alert (titled So Many Bullish Factors...That Gold Is Ignoring) we wrote about multiple factors that are likely to drive the precious metals market in the future. In particular, we emphasized why the next several months are likely to be...Read More
We have only begun to see the DEVASTATION of this Global Contagion. Steve St. Angelo explains...by Steve St Angelo of SRSrocco ReportBlack Monday hit Wall Street in a BIG BLOODY WAY today. With oil being the main driver of the economy, U.S shale stocks lost nearly half of their value... IN ONE SINGLE DAY. That's correct, the average decline from eight of the top U.S. shale companies saw their...Read More
Yesterday alone, over 75% of annual global silver production traded on the COMEX. Harvey explains...by Harvey Organ of Harvey Organ BlogMARAH 9/DUAL BLACK SWAN EVENTS: 1) THE CORONAVIRUS AND 2/ RUSSIA REFUSES TO CUT PRODUCTION: GOLD UP $1.50//SILVER DOWN 23 CENTS//WAR IN THE OIL PATCH//GOLD CLOSES UP $1.50//SILVER DOWN 23 CENTS//CORONAVIRUS UPDATE//SWAMP STORIES//GOLD:$1675.00 UP $ 1.50 (COM...Read More
SD Outlook: Silver fell over 6% last night, peak to trough, but it's unlikely silver continues to perform as a "commodity". Here's why...The commodities are crashing!Check out the candle that crude oil is developing today:That's one serious gap down!Copper has finally made a new low on the daily chart:Recall copper bottomed below $2.00 when the commodities were bottoming at the end of 2015 and the...Read More
Chris MarcheseChief Mining Analyst, GoldSeek & SilverSeekWeek Ended Feb-28, 2020 $BTG $KOR.TO $EDV.TO $GCM.TO $MAG $SKE.V $AUY Aurcana: Increased the previously announced non-brokered private placement from $4m to $5.76m and completed the second tranche. This will go toward underground development (and in turn, reducing cap-ex) to bring its principle asset (Revenue-Virginius) into produc...Read More
Though silver has not yet surged as much as gold has, it is likely that silver will make an especially strong move upward soon...by McAlinden Research via StreetwiseSummary: Amid the precious metals rally that was set off by the rapid spread of coronavirus and uncertainty around the ability to contain it, gold prices had ratcheted up to a seven-year high. While silver lagged the gains of gold, a n...Read More
The big news this week was the drop in the prices of the metals...by Keith Weiner of Monetary-MetalsThe 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 gold and silver price suppressio...Read More
Open interest, however, still represents 143% of annual global silver production. Harvey explains in today's update...by Harvey Organ of Harvey Organ BlogMARCH 2/GOLD REBOUNDS 27.00 DOLLARS UP TO $1595.30//SILVER UP 18 CENTS TO $16.77//MASSIVE 23,000 GOLD ISSUANCE OF EXCHANGE FOR PHYSICALS IN AN OBVIOUS FRAUD/HUGE GAIN ON THE DOW OF 1200 POINTS DUE TO PROBABLE RATE CUT//CORONAVIRUS STORIES//SWAMP...Read More