"I abhor the stranglehold that the Commercials have had on the silver market for what seems like an eternity. But in recent weeks..."by Michael Ballanger via Streetwise ReportsThere is one redeeming benefit to writing "forecasts": they invariably and inevitably reduce you to a quivering mass of humility as the hubris born of luck and circumstance is replaced with the reality of randomness. I have...Read More
Peter KrauthThe price of silver's rise from its mid-December ashes has been nothing short of spectacular.Thanks to that rally, the silver price finished 2017 ahead 6.7%. If you consider its 2016 gain of 14.3%, then silver appears to be joining gold in its return to secular bull market action.More recently, in just the past two-and-a-half weeks, the price of silver has soared an impressive 8.3%.Thi...Read More
Vancouver, British Columbia--(Newsfile Corp. - January 3, 2018) - SilverCrest Metals Inc. (TSXV: SIL) (OTCQX: SVCMF) ("SilverCrest" or the "Company") is pleased to announce the appointment of Christopher Ritchie as the Company's President, effective January 1, 2018. Mr. Ritchie will report to N. Eric Fier, SilverCrest's founder, CEO and Director. The Company has also entered into a private plac...Read More
Gold is the money of kings, but silver is the money of commerce. Here's a look at how silver is the key to humanity's future...Ken Schortgen interviewed by Rory Hall on The Daily CoinThe conversation starts off with the recent developments out of Venezuela in general, and the "petro" specifically. Ken believes the announcement of the "petro" cryptocurrency is a way to buy time to pay off the milit...Read More
By Robb M. StewartMELBOURNE, Australia--Glencore PLC (>> Glencore) has agreed to sell an underground coal mine in eastern Australia to GFG Alliance, an industrial conglomerate owned by Britain's Gupta family that last year picked up steel and iron-ore assets in the country. Financial terms for the acquisition of the Tahmoor mine weren't disclosed by the companies, which said Tuesday they expecte...Read More
By Robb M. StewartMELBOURNE, Australia--Glencore PLC has agreed to sell an underground coal mine in eastern Australia to GFG Alliance, an industrial conglomerate that last year picked up steel and iron-ore mining assets in the country. Glencore said the deal for its Tahmoor mine remains subject to state government approval and is expected to be completed this quarter. No financial details were di...Read More
Stewart Thomson says "silver investors should be going into 2018 with a feeling of great confidence" Here's the details...By Stewart Thomson of Graceland UpdatesJan 2, 2018The world's most awesome asset is taking the world gold community into the new year with grand style. Please click here now. Double-click to enlarge. Gold has stunned most analysts and roared to my $1310 target price wit...Read More
"We're looking at copper because of its implications for the economy generally...especially for the outlook for the price of silver..."by Clive Maund via Streetwise ReportsWe have seen an unusually steady uptrend in copper this month that has resulted in it appreciating by about 10%, which might not sound like much, but makes a big difference if you are a producer with fixed costs. What is remarka...Read More
Junior Gold Miners ETF (GDXJ) has been reflecting actual and relative strength of late compared to the S&P 500. On December the 20th the Power of the Pattern shared that GDXJ had hit an important support line and was experiencing a short-term breakout. See 12/20 post HERE.Below compares GDXJ to the S&P over the past couple of weeks-CLICK ON CHART TO ENLARGEGDXJ has been strong of late, gaining 12%...Read More
David Morgan tells Silver Doctors his 2018 forecast for gold, silver, bitcoin, the truth movement and the decline of the Deep State...David Morgan of The Morgan Report interviewed on Silver DoctorsLooking back at 2017, Morgan says he's most surprised by the interest in the cryptocurrencies. Bitcoin rose about 1,300 percent. Gold and silver's gains of 14 percent and four percent pale in comparison....Read More
Steve St Angelo says that while silver investors have been discouraged about the price lately, the market has gone through major changes. Here's more...by Steve St Angelo of SRSrocco ReportWhile silver investors continue to be discouraged about the low price, the market has experienced a fundamental change that needs to be understood. Ever since governments removed silver from official coinage,...Read More
The past 6 years have been difficult for gold bulls. After the 2011 market top for precious metals, gold experienced a waterfall decline followed by a "lower low" and more sideways price action.Every rally seemed to stall out. Every hope was met with "not this time".That type of price action is grueling and tends to grind out weak hands. To put it mildly, it's very difficult to hold an asset that...Read More
Clive Maund says that silver's best month of the year is coming right up, the fundamental news is bullish, and the charts speak for themselves. Here's more...by Clive Maund via Streetwise ReportsFor many weeks we have been waiting patiently, like vultures perched on the branches of trees, for the Large Specs to go belly up and croak, and the good news is that they just have, so it's time for us to...Read More
Dave Kranzler says contrary to popular crypto-belief, if gold heads higher, silver will soar...by Dave Kranzler of Investment Research DynamicsWhen you see that men get richer by graft and by pull than by work, and your laws don't protect you against them, but protect them against you-when you see corruption being rewarded and honesty becoming a self-sacrifice-you may know that your society is doo...Read More
On this week's SD Metals & Markets, Keith Neumeyer says the silver market will adapt blockchain technology, ending the price manipulation...Keith Neumeyer, CEO of First Majestic Silver Corp, interviewed by Silver Doctors."I believe that the current system - the LBMA, CME, COMEX type system - is at the end of it's ropes." The future gold and silver pricing mechanism will involve blockchain technol...Read More
Ted Butler says "It aligns perfectly with everything I think I know about silver, the US Government, COMEX and JPMorgan..."by Ted Butler via Silver SeekHere's a thought that I fully acknowledge didn't originate with me, but from a close associate, even though it incorporates many of my findings. If it does come to fruition, I will gladly reveal my associate's identity to give him his proper due; b...Read More
It won't take long, but you might want to take a seat first...In what looks like further confirmation, capitulation if you will, from a person who was one of the most staunch, hardcore silverbugs around, there's little doubt this is a continuing sign of the bottom, albeit from a different angle: Hitting rock bottom.Fundamentally, we have seen gold & silver capitulation from some of the most outspo...Read More
CLICK ON CHART TO ENLARGESenior (GDX) and Junior Miners (GDXJ) have had a rough go of it the past year, far underperforming the broad markets. No doubt about it the trend remains lower for each.This decline over the past 14-months has taken GDXJ down to line (1), which has been support/resistance several times over the past two years.GDXJ hit line (1) three weeks ago, where it created a small/bull...Read More
Jeffrey Christian says there will be less silver sold in 2018 than in 2017, and prices will be flat on the year. Here's why...There are a number of fundamental factors that could contribute to a rush into gold and silver in 2018.In no particular order:Geo-political risk including trade war/tensions with China or Russia and shooting war/sanctions with North Korea or IranRising price for oilWeakenin...Read More
SRSrocco has some startling new statistics with regards to silver production that U.S. silver investors might want to make a note of... by Steve St Angelo of SRSrocco ReportThe rate at which global silver production increased over the past century is quite astonishing. When Columbus arrived in America (1492), the world was only producing 7 million oz of silver a year. Today, the world's large...Read More