SD Friday Wrap: Coulda, shoulda, woulda. Silver had all the ingredients for an explosive move, but it turned out to be a dud. Here's why...I think we've seen the bottom in silver.With a low print of $14.57 yesterday, that's close enough to my downside target to go ahead and make the call.Of course, I was also calling for an explosive move to the upside, and I was wrong, but, generally speaking, wi...Read More
The last time the silver's bid-ask spread spiked up was April, 2006, and the price of silver was rising. What's going on right now? Here's Keith Weiner...by Keith Weiner of Monetary MetalsThe bid-ask spread of both (spot) gold and silver has blown out. Both, on March 1. In gold, the spread had been humming along around 13 cents-gold is the most marketable commodity, and this is the proof, a bid...Read More
A week after finalization of the Newmont-Goldcorp merger, operations were suspended at its largest gold-silver mine in Mexico. Here's why it matters...by Steve St. Angelo of SRSrocco ReportIn just a little more than a week after the mighty Newmont-Goldcorp merger was finalized, the company suspended operations of its largest gold-silver mine in Mexico. The Penasquito Mine, which produced more th...Read More
Not only was yesterday's volume almost half of annual production, but we're continuing to see attacks on the COMEX for physical silver. Harvey explains...by Harvey Organ of Harvey Organ BlogMAY 1//GOLD DOWN $1.20 TO $1282.80 AT COMEX CLOSE//SILVER DOWN 23 CENTS//IN ACCESS MARKET: GOLD DOWN TO $1276//SILVER DOWN TO $14.67//FOMC: DANGEROUS: THE FEDS' LOWER IOER AS COLLATERAL AROUND THE WORLD DISAPPE...Read More
"...the one CFTC commissioner who often spoke out about how he did feel there was illegal trading activity going on in the silver market."by Chris Marcus of Arcadia EconomicsIn Memory of Bart ChiltonLike many others in the precious metals community, I was deeply saddened upon hearing the news of Bart Chilton's passing this weekend.Bart will forever be known (especially by those in the silver commu...Read More
Bix says the timing of the sudden death of Bart Chilton is just too suspicious. Here's why...by Bix Weir of Road to RootaI am stunned and very, very saddened by the sudden death of CFTC Commissioner and Silver manipulation whistle-blower Bart Chilton. The timing is just too suspicious...Read More
Two months ago Gold Miners ETF GDX created its first bearish reversal pattern (bearish wick) while testing falling resistance. A couple of weeks later it created another bearish reversal pattern (Bearish wick) and then selling pressure took over and GDX fell 10% quickly.The decline of late now has GDX testing rising support, where GDX created a bullish reversal pattern (Bullish wick) to close out...Read More
Remember, some hold this document to be the definitive final word on the silver market. But how could that be if there is no mention of...by Ted Butler via Silver SeekThis past week, the Silver Institute released the annual supply/demand report it commissions each year by GFMS from London. In about a month, the annual silver report compiled by CPM Group should be released. Over time, these two rep...Read More
Rob Kirby says the prices for both gold & silver are currently unsustainable, and the manipulation can't much longer. Here's why...Rob Kirby interviewed on SBTVSBTV's latest guest is Rob Kirby of Kirby Analytics. We discuss the failure of Long-Term Capital Management (LTCM) and how it resulted in the 'death sentence' of Bear Stearns years later in the financial crisis of 2008.Discussed in this int...Read More
Chris says silver is setting up for a HUGE move. What does Chris say about gold? Come on in to find out the answer to that question and more...Chris Vermeulen interviewed by Matt on Silver FortuneChris Vermeulen, founder of TheTechnicalTraders.com, joins me for a discussion centered around what the charts have to say about the future of silver and gold in the next 12 months. Read More
For most investors familiar with precious metals, it's a great sign when silver out-performs gold.It's kind of like the old market analogy that it's good when small-cap stocks or tech stocks lead the broader market higher.Silver, like small caps and tech stocks, represents the high beta part of the financial markets. So, when silver leads, it means that precious metals have a more aggressive/bulli...Read More
Silver investment demand has been significantly higher than many analysts have forecast. How much higher? Steve St. Angelo has the details...by Steve St Angelo of SRSrocco ReportAccording to the recently released 2019 World Silver Survey, silver investment demand was significantly higher than analysts forecasted. How much higher? A lot, especially since the analysts stated that silver coin and...Read More
India has accounted for much of the global demand for silver. Matt explains the significance...by Matt from Silver Fortune via Silver FortuneUnderstanding just how much silver demand India accounted for last year drives home the point of their importance to the silver market. Read More
How does silver coin & bar demand stack-up to previous years? Here's David with a look into the Silver Survey and a whole lot more...by David Morgan of The Morgan ReportWatch this video titled World Silver Survey 2019 Review, then please share with your friends and family on social media and use the caption World Silver Survey 2019 Review.Market Analysis/Investing/Trading Methods At TheMorganRepor...Read More
Steve St Angelo says it's quite amazing how quickly production can decline at two primary silver miners. Here are the details...by Steve St Angelo of SRSrocco ReportSilver production at the world's largest producer fell significantly in the first quarter of the year. Fresnillo PLC reported a decrease in silver production in Q1 2019 versus the same period last year, due to lower ore grades and r...Read More
When silver, gold, and the precious metals industry were red-hot bullish in the 2000's, investors could do no wrong.You could buy SILVER at just about any price and it would go higher.In today's chart, you can see three large green bullish ascending triangles from the 2000's that lead to big gains. But that was the bull market before the current bear market.The tables have turned since the 2011 pr...Read More
SD Friday Wrap: The cartel is lashing-out in sheer desperation, and gold & silver are the targets, but the lashing is not likely to last long. Here's why...Editor's Note: This post is subjective opinion and possibly offensive. Do not continue reading if easily offended.*****The stakes are high.What's at stake?Oh, just the implosion of all of the phony paper markets.And I do mean all of them - the...Read More
Egon says once the paper silver shorts run for cover and ask for delivery, THERE WILL BE NO METAL AVAILABLE. Here's what it means for gold & silver investors...by Egon von Greyerz of Gold SwitzerlandMMT is the socialists' dream. It officially stands for Modern Monetary Theory but a more appropriate name would be More Money Theory. Because MMT is just a fancy name to justify more money printing, m...Read More
Recent developments suggest the outlook is good for silver, and the developments are both fundamental and technical in nature. Here are the details...by Clive Maund of Streetwise ReportsThere were several developments last week that taken together suggest that the short-term bearish scenario set out in the Gold and Silver Interim update about a week ago is not going to materialize and instead th...Read More
The GDXJ/GDX (Junior/Senior Miners) Ratio can create meaningful reversal patterns and send important signals to the mining sector, at key inflection points. Did the ratio send an important signal to miners last week? Possible!The GDXJ/GDX ratio has traded sideways for the past couple of years inside (1). The ratio has sent very few important messages to the bull or bear case since early 2017, whil...Read More