Peter KrauthJust three days ago, the widely followed U.S. Dollar Index (DXY) was trading at 92.5.Today, it's already 200 basis points, or more than 2%, lower. The dollar has now clearly broken down like I've been saying we should expect.That, combined with overly negative sentiment, a strong seasonal bias, and a return to a bull market, have silver trending higher. In the immediate term, silver pr...Read More
"The good news is that this secular rally in silver is in its early days. Recent gains will be sustained and amplified in..."by Jim Rickards via Daily ReckoningThe Roman Republic and the later Roman Empire had gold coins called the aureus and solidus, but they also minted a popular silver coin called the denarius. One denarius was the daily wage for unskilled labor and Roman soldiers.Of course, in...Read More
By Robb M. StewartMELBOURNE, Australia--Rio Tinto PLC (RIO) continues to expect shipments of iron ore from its Western Australia mines will likely rise this year, after record exports in the last quarter allowed it to hit a target for 2017. Shipments of the steel-making commodity from Australia's western Pilbara region are still expected to reach between 330 million and 340 million metric tons ov...Read More
Investors struggled to find buying opportunities after the collapse of British construction and support services company Carillion on Monday, underscoring how risks have piled up for the whole industry.Calculating the implications of one of the biggest UK corporate failures of recent years is a challenge because of the wide scope of Carillion's operations. Companies from Serco to Interserve, Balfo...Read More
Investors struggled to find buying opportunities after the collapse of British construction and support services company Carillion on Monday, underscoring how risks have piled up for the whole industry.Calculating the implications of one of the biggest UK corporate failures of recent years is a challenge because of the wide scope of Carillion's operations. Companies from Serco to Interserve, Balfo...Read More
"Silver is inexpensive compared to M3, National Debt, government expenditures, the Dow and gold." Here's what it means going forward...by Gary Christenson via Deviant InvestorCHARACTERISTICS OF BUBBLE CRAZINESS:U.S. stocks, according to many measures, are the most over-valued in history. We live in a Bubble Zone!Bitcoin and other cryptos are definitely in a bubble, but they could rise even higher...Read More
Ted Butler says if JP Morgan exploited Bear Stearns in 2008, it's possible JPM could be setting up for a double-cross of fellow COMEX shorts today...by Ted Butler via Silver SeekIn the annals of silver in the modern age, there have been two well-known instances of very large investor accumulations of the metal. First came the purchase by the Hunt Brothers and their associates in early 1980, follow...Read More
By I Made SentanaJAKARTA-PT Indonesia Asahan Aluminium, or Inalum, got the mandate Friday to buy a 41.64% stake in the local unit of Freeport-McMoRan Inc., but the two parties haven't reached an agreement on the value of the stake. The move will increase the state-owned company's ownership to 51% from 9.36%, which is currently held by the government. After years of negotiation, the U.S. mining com...Read More
SD Friday Wrap: Gold and silver finish the week with bullish momentum (plus a Dow call that's as plausible as it is ridiculous). Here's the details...What a gut-wrenching, difficult week to get through, but very rewarding if you have made it thus far.Last Friday gold and silver were looking "overbought" on the charts, so I decided to write that the metals might pull back in price, and that this wo...Read More
Below looks at the ratio of Silver to Gold over the past 30-years. Metals bulls historically receive a bullish message when this ratio is moving higher. Back in 2011, the ratio hit highs that took place in the early 1980's and its been downhill for Gold and Silver ever since. Could the long-term trend in metals be about to change?CLICK ON CHART TO ENLARGEThe decline in the ratio now has it testing...Read More
--Rio Tinto has dropped out of the bidding for a stake in Sociedad Quimica y Minera de Chile, one of the world's top lithium producers, as it pursues other ways to capitalize on the electric-car boom, Bloomberg reports, citing unnamed sources. --Rio decided not to proceed with an offer for Nutrien Ltd.'s 32% stake in Santiago-based SQM--worth about $5 billion at current market prices--after conduc...Read More
Marshall Swing has been spot-on with all of his calls lately, and if Marshall is correct with his latest call, we have very little time to prepare...by Marshall Swing of The Church Of ActsSilver Moving Laterally, Gearing Up For RaidOn a side bar chat with SilverDoctors, Sunday, I indicated having been stopped out and repositioned shorts at higher level after seeing a huge Commercial Repositioning...Read More
By Carlo Martuscelli Rio Tinto PLC (RIO.LN) said Wednesday that it has received a binding offer from investment company Liberty House to acquire its aluminum smelter in France for $500 million. The Anglo-American multinational said it will launch a consultation process with its employees and other stakeholders in response to the binding offer. It expects the sale to complete in the second quarter...Read More
TIDMRIO RNS Number : 5078B Rio Tinto PLC 10 January 2018 Rio Tinto receives a binding offer for Aluminium Dunkerque 10 January 2018 Rio Tinto has received a binding offer from Liberty House to acquire Rio Tinto's Aluminium Dunkerque smelter in northern France for $500 million, subject to final adjustments. In accordance with French law, Rio Tinto will launch a consultation process with employees,...Read More
Peter KrauthAfter such a persistent three-week advance, it seems silver is taking a well-deserved break.With this week's slight pullback in mind, I've just released my newest silver price target…That silver price rally was fueled, at least in part, by a retreating U.S. dollar, whose index (the DXY) peaked at 94.10 on Dec. 11 and recently hit a low of 91.85.It was a 2.4% drop in as little as...Read More
David says that right now the people are brainwashed, but the "oh my" moment is coming when the people will return to gold & silver...David Morgan interviewed by World Alternative MediaJosh Sigurdson and John Sneisen talk with David Morgan of The Morgan Report, also known as the Silver Guru.David Morgan is one of the most knowledgeable people on the planet when it comes to silver as well as gold....Read More
"Trading events in the early to mid morning Friday made it plain to me an intermediate top is in silver and probably gold..."by Marshall Swing via The Church Of ActsTrading events in the early to mid morning Friday made it plain to me an intermediate top is in silver and probably gold with silver standing to lose more.Contracts were sold for a nice gain.That provided enough capital for enlarging t...Read More
Palisade ResearchJanuary 5, 2018 Category: ResearchOpinions can vary, but charts made from hard data don’t lie.And what these charts are showing is that gold is about to break out into a new multi-year bull market. . .Take a look for yourself. . .Number 1.This critical chart of the TSX Venture shows you the extreme gains that come after each bear market.But – what is the TSX Venture?It...Read More
Bill Murphy tells Silver Doctors that if silver takes out $21, it means a total lack of this maniacal control the cartel is trying to keep on the market...Bill Murphy of the Gold Anti-Trust Action Committee (GATA) interviewed by Silver DoctorsMurphy explains that the Gold Cartel manages the price by washing out the speculators.If gold breaks through $1,380 and silver through $21, the cartel may lo...Read More
In 2011 the Power of the Patttern suggested that Gold could be flat to down for years to come. See post HERE Since that post in 2011, Gold finds itself down around 30% and Silver is down over 65%.2011 saw extremes in prices. After nearly 7-years of lower prices, could the trend in metals be about to change?Below looks at chart of Gold and the US Dollar over the past 27-years-CLICK ON CHART TO...Read More