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Silver Commentaries

A Major Silver Breakout Ahead?

January 29, 2019

On the chart, the first phase of the silver bull market was from 1993 to the end of 2001, and the second phase is potentially from 2001 to the end of 2015. It appears that there is a similarity between the two phases. I have drawn some lines, and marked some patterns to show how they could be similar. The first phase is marked 1 to 3, in black, and the second 1 to 3, in blue. Both of the phases appear to occur within in a broadening channel, from which they both broke down, before point 3…

THE SILVER PRICE and BROADER MARKETS: How Will They Trade This Week?

January 21, 2019

The silver price trended lower last week after hitting a high of nearly $16 the prior week. So, what’s in store for silver and the broader markets this week? If we look at the moving averages and what is taking place in the broader markets, we may find some clues. It seems as if the silver price over the past two weeks has been moving in the opposite direction of the Dow Jones Index and the broader markets.

Global Silver Production May Decline More Than Analysts Forecasts

January 21, 2019

Unfortunately, it is difficult to get data for China, the second largest silver producing country in the world, but I doubt its mine supply has increased more than the declines shown in this chart. According to the World Silver Interim Report, they forecast global silver production to increase by less than 1% in 2018 due to gains in Oceania, Asia, and Africa. They did note that silver production in North American would decline by 5.4 million oz (Moz). But, that 5.4 Moz decline must account…

Retail Silver In Tight Supply?

January 21, 2019

Market Analysis — Investing — Trading Methods At The Morgan Report For Only $50 Per Month. | http://www.themorganreport.com/join.

David Morgan: Expect Stagflation and Silver Outperformance in 2019

January 18, 2019

If I'm correct in my overall analysis that stagflation is basically the meme for the year, and that means a lower stock market from this point to the end of the year and it'll go up and down and fluctuate, all markets do. That will put more impetus into the commodity sector but, again, if we have a global slowdown, then the top-tier of the commodity sector, which is money, gold and silver will be the best assets to hold. I think we had a pretty good prelude in December and, I know I'm rehashing…

Rising Interest and Prices

January 14, 2019

Contracting money supply –> rising prices of gold and silver. Expanding money supply –> softer prices. That said, the fundamental prices of both metals—a calculation we make every day—has been rising since Nov 26. So far, the listening and talking of Powell has not pushed the fundamentals down. Though it should be noted that the gold fundamental is just recovering to its range from 2017. And the silver fundamental is almost back to prior levels. We will look at graphs...

Questions Only the DOJ Can Get Answered

January 10, 2019

Reasonable questions should be answered reasonably. When such questions cannot be answered reasonably or at all, particularly by those with a responsibility for answering, something is wrong. A good number of such questions remain unanswered in silver and those not providing answers include the federal commodities regulator (the CFTC), the designated self-regulator (the CME Group), as well as the most important bank in the US, JPMorgan. What constitutes a reasonable question in silver? I…

GoldSeek Radio: Michael Pento, Bob Hoye, and Chris Waltzek

January 07, 2019

Michael Pento, President and Founder of Pento Portfolio Strategies LLC returns to Goldseek.com Radio with comprehensive economic analysis.

Silver Market Update

December 31, 2018

On the 6-month chart we can see that while gold continued to advance in December, albeit incrementally, silver continued to be restrained by the resistance at the upper boundary of what is now clear is a Double Bottom base pattern, until several days ago when, under increasing positive influence from gold, it broke clear above it. Since it has arrived at resistance at its falling 200-day moving average it is entitled to take a rest here, if it feels so inclined, and consolidate or perhaps react…

COT Silver Report - December 21, 2018

December 21, 2018

COT Silver Report - December 21, 2018

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