• Gold: 1,241.46 -0.11
  • Silver: 15.78 -0.02
  • Euro: 1.172 0.004
  • USDX: 94.485 -0.267
  • Oil: 69.24 -1.32

Silver Bullion: Once and Future Money

– “Silver is as much a monetary metal as gold” – Rickards – U.S. following footsteps of Roman Empire which collapsed due to currency debasement (must see table) – Silver bullion is set to rally due to a combination of supply/demand fundamentals, geopolitical pressures creating safe haven demand, and increasing inflation expectations as confidence in central banking and fiat money erodes – “Silver is ripe for a major breakout to the upside in 2018″ – analyst Samson Li of Reuters

Positioning Ahead of Additional Dollar Weakness

Through the first three weeks of 2018, one of the key stories has been the falling US dollar. Expect this trend to continue and even accelerate as we go through the year. After peaking with a false breakout near 104 in early 2017, the US dollar (as measured by the Dollar Index) has continued to plummet in 2018. As I type, the index is near 90 and already down over 2% year-to-date. Dollar weakness has traditionally been positive for commodity prices, and the evidence of this can be seen below.

Why You Must Own Silver in 2018

Silver has often rebounded nearly 100% within 12-15 months after bad and long bear markets. History says Silver is ripe for a similar move over the next 12 to 18 months. Since Silver follows Gold, a breakout in Gold could be a huge catalyst for Silver to test and break resistance at $20/oz. If that happens, Silver would be on its way to another, typical substantial rebound. It has happened before and we expect it will happen again. We already own a few juniors with the best silver deposits but we continue to look for junior explorers and silver plays with 5 to 10-fold potential that could benefit from a breakout in precious metals.

Silver Volume Extreme as in April 2013

During yesterday’s session silver moved back and forth in a volatile manner on volume that was the highest since April 2013. There were a few volume spikes in the meantime, but none as big as what we saw yesterday. The silver market is being very loud. But are you listening?

Silver Antidote to 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. Bonds yield little, and in many European countries, less than zero. Central banks have created this distortion to the detriment of savers, insurance companies and pension funds.

Even More Support: Silver Moving Higher in 2018

After our conversation with Craig Hemke yesterday we are more optimistic than before. Silver and gold are set up for a stellar year and if we could convince a 100 or more of these new crypto millionaires to attack the COMEX and LBMA we could see some real fireworks. Imagine what would happen if, independently, crypto millionaires began attacking the precious metals markets? Decentralized contracts flooding into the precious markets that actually are there to take possession? Would this have any effect or would these criminal enterprises simply change the rules and move on? We know they would force the participants to accept cash, as this is how the contracts are set up, but this would only expose the problem further.

Precious Metals Markets Outlook 2018

While you can still buy gold under $1,400 and silver under $20, they remain (for now) compelling values. Silver looks especially compelling given its cheapness relative to gold and virtually every asset on the planet.

Silver Created the Greatest Transfer of Wealth in...

The past few days I have been reminded of how important silver is to our world and how silver is the one asset the world needs in order to function to a high level. Actually, silver is necessary for our world to function at even the most basic level where power/energy/information is running through wires. Silver makes it possible.

Big Gains for Silver in 2018?

Actually, we see much stronger growth than what is predicted above. What I believe is going to happen is silver is going to be above $19. if not even higher. A 20% move higher would put silver north of $20 and that’s truly what we see in the short term with equally strong moves coming between 2019 and 2023 and beyond. Silver is back and will be in demand going forward. If you didn’t load up during 2017 it may be time to pick some up before it begins moving north.

Fiat Flameout: Hi Ho Silver!

While many gold market technicians have been neutral to slightly negative about gold in the short term, I’ve been extremely positive. As of today, I’ve become outrageously more positive. To understand why that is, please click here now. Double click to enlarge this spectacular daily gold chart. I’ll dare to suggest that gold investors have behaved very well this year.