• Gold: 1,254.70 -0.36
  • Silver: 16.47 -0.01
  • Euro: 1.164 -0.001
  • USDX: 93.977 0.069
  • Oil: 46.43 0.58

Live Silver

Bid|Ask 16.47 16.49
Low|High 16.42 16.59
Change -0.01  -0.03% 
Jul 24, 2017 18:41:23 EST
1 mo -0.1716 -1.03%
1 yr -3.1414 -16.02%
Low|High 14.16 20.78

Live Gold

Bid|Ask 1,254.69 1,254.95
Low|High 1,251.93 1,258.83
Change -0.37  -0.03% 
Jul 24, 2017 18:41:27 EST
1 mo -1.83 -0.15%
1 yr -67.54 -5.11%
Low|High 1,122.61 1,367.30

Gold-Silver Ratio

Bid|Ask 76.08 76.18
Low|High 75.79 76.23
Change 0.2418  0.32% 
Jul 24, 2017 18:41:27 EST
1 mo +1.0093 +1.34%
1 yr +8.8062 +13.09%
Low|High 65.37 84.85

Silver Edition

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Frank Holmes, July 24, 9:25 am

Scotia Mining Sales notes that as silver has gotten cheap again, particularly when looking at the widening gold-silver ratio, investors have been piling into silver ETFs (while dropping out of gold ETFs). Interestingly enough, there seems to be a bearish outlook in the futures market, where hedge funds are now holding the first net short silver position seen in two years, the group writes. The risk of higher U.S. interest rates should drive silver prices lower, is the reasoning behind this. However, if the Fed “blinks” and silver prices rebound, they will rebound quickly and violently, Scotia continues.

Clive Maund, July 23, 10:12 pm

There will be no equivocating, fence sitting or any kind of hedging or expression of doubt in what is written in this update. Let me be absolutely clear: - we are now at the threshold of a barnburner rally in the Precious Metals sector, and silver is set to scream higher driven by a massive short covering panic, because short positions in it have ballooned in recent weeks to levels way above what we saw in December 2015, when silver hit its final bearmarket bottom, before the big sector rally during the 1st half of 2016.

Jordan Roy-Byrne, CMT, MFTA, July 23, 10:10 pm

There is a decent number of executives in the junior industry that were part of or led a company to an acquisition. If they have done it before then they know what needs to be done in order to do it again. If management has not been involved in a transaction, check to see if they have discovered a deposit or expanded a resource through drilling. Also, seek out the executives that had ample experience at a major company.

SilverCOTReport, July 21, 3:29 pm

COT Silver Report - July 21, 2017

Adam Hamilton, July 21, 12:11 pm

The gold-futures and silver-futures short positions held by speculators have rocketed up to extremes in recent weeks. These elite traders are aggressively betting for further weakness in gold and silver prices. But history has proven extreme shorts are a powerful contrarian indicator. Right as speculators wax the most bearish as evidenced by their collective bets, gold and silver decisively bottom and birth major new rallies.

Andrew Hoffman, July 20, 11:33 am

Finally, I’ve found the statistic I’ve been searching for since 2014 – to solidify what I have always known, but couldn’t prove, about silver’s rock solid fundamental outlook. However, it will have to wait until the article’s end, given how many other, extremely important topics I need to address. Starting with, the lunacy of what historic market manipulation has caused; i.e., “dotcom valuations in a Great Depression Era.” Which ironically, stair-stepped exponentially higher after Election Day, when the “BrExit times ten” Trump victory shocked the powers that be’s’ best laid election rigging plans.

Andrew Hoffman, July 19, 5:23 pm

Despite being extremely adverse to near-term “predictions,” I have lately been as vehement, and persistent, as ever in stating that this is, in my very strong view, the best Precious Metal buying opportunity of our lifetimes – particularly, now that the COMEX “commercials” have reduced their (naked) gold and silver short positions to their lowest levels since Precious Metals’ ultimate bottom in December 2015.

Andrew Hoffman, July 18, 12:27 pm

Following Friday’s retail sales catastrophe, interest rates plunged, and the market-based odds of further Fed rate hikes declined to just 8% in September and 48% in December. Led, of course, by begrudging Wall Street cheerleaders like Goldman Sachs’ ALWAYS wrong Chief Economist, “Hapless Hatzius.” Who, like his partners-in-crime at the Fed; and likely, its soon-to-be-new Chairman Gary Cohn – who before he was appointed Trump’s top economic advisor, was Goldman’s Chief Operating Officer; dramatically overstated the economy’s “strength” – as part of its ongoing, but rapidly collapsing “economic strength” propaganda campaign.

David Morgan, July 15, 4:22 pm

The Morgan Report is all about YOU and how you can build and preserve Wealth for generations to come. We know it can sometimes seem a daunting task to protect your assets and preserve or grow your wealth. Over 15 years ago, a small group of us started The Morgan Report and formed an exclusive membership organization to promote personal freedom, an honest money system, free market wealth accumulation and asset protection.

SilverCOTReport, July 14, 3:28 pm

COT Silver Report - July 14, 2017

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