• Gold: 1,279.32 -0.58
  • Silver: 15.22 -0.04
  • Euro: 1.136 -0.001
  • USDX: 96.376 0.04
  • Oil: 53.58 -0.64

Silver: Back In Focus

Silver is coming back into focus as the charts show a bit of upward movement with price action and potential brewing for some chart breakouts. This post starts with a look at the charts of Silver spot metal and then some popular US silver-based stoks / ETFs. With all of these charts, I'm on the lookout for any momentum-based trend line breakout (meaning an uptick over 20 for the ADX and +DMI) along with a move back above the weekly Cloud and on a volume spike.

Wyoming Legislators Want State to De-Risk...

A group of Wyoming legislators have introduced three bills this week to de-risk the state’s financial holdings with modest allocations to physical gold and silver in the state’s pension fund, reserve fund, and mineral trust fund.

Precious metals marketplace OneGold extends a...

­­New, cutting-edge technologies often come at a high cost, but not this time. OneGold is extending an unprecedented offer of gold and silver at spot price for three months to help new buyers enjoy the financial benefits of owning precious metals. With a time-saving interface backed by the security of blockchain technology, investors can add gold and silver assets to their portfolios at a cost lower than that of traditional physical metals.

Silver – 1993 and 2001 Repeat

The M2 measure of money supply has increased about 6.7% per year since 1971 when President Nixon severed the last hint of gold backing the dollar. The subsequent deluge of digital dollars levitated prices for oil, trucks, hamburgers, the S&P 500 Index, silver and almost everything else. Examine the log scale graph of M2 and smoothed silver prices. M2 rises, while silver prices increase to unsustainable levels, fall too low and then rise again.

Big Silver Move Foreshadowed as Industrial Panic...

David Jensen Explains the Recent Fireworks in Palladium & Why It Matters...

Silver: A Long Term Perspective

Lets start with a 16 year monthly chart for silver which seems like a long time but in the big picture it only shows us a small part of its history. The dominate chart pattern is the 2011 bear market downtrend channel which is almost perfectly parallel. I purposely left the top rail of the 2011 downtrend channel and the top rail of the 2016 triangle thin so you can see the critical area silver is now trading at, red circle. So far this month silver has traded as high as 15.95 which puts it right against the top rail of the 2011 bear market downtrend channel and the top rail of the 2016 triangle.

Surest Way to Overthrow Capitalism

As the price of silver rose over 2% this week, the cobasis basically held steady. There is some buying of metal here, and some speculation too. This is not exactly the picture of a feeding frenzy, with an outlook of silver-to-da-moon. But nor is it a sign of a speculative blip, with a prognosis of a crash. The Monetary Metals Silver Fundamental Price rose 12 cents, to $15.91. This week, of course, the stock market went up. Does the incredible bull market roar back to life? We are not stock market prognosticators, but we don’t think so if the Fed stays the course. As we’ve written, the discount on future earnings is higher now and therefore the present value is lower. Also, the interest expense is up and this will crush the marginal debtors.

Gold to Silver Ratio: So What?

Silver prices move up and down farther than gold prices. That pushes the gold-silver ratio too high, like now, when silver is inexpensive. Or it pushes the ratio too low, as in January 1980, when silver prices zoomed upward too far and too fast. When the gold to silver ratio exceeds 80, it is often a good time to buy silver.

Is the Buyer’s Market for Silver Coming to an End?

Few markets are as depressed – and, as many analysts argue, suppressed – as silver. Prices for the white metal continue to languish in a low-level trading range amidst lackluster demand. The upshot for investors is that they can now obtain silver bullion at both a low spot price and a low premium above spot. How long this buyer’s market will is unknowable last. But given silver’s manic-depressive personality, prices could launch explosively higher at any time.

Silver Investors See Palladium as the “Canary in...

The precious metals sector has just one standout performer this year, and that is palladium. Lately the market for that metal has gotten more than just hot. Developments there could have implications for the LBMA and the rickety fractional reserve system of inventory underpinning all of the physical precious metals markets.