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Silver Commentaries

COT Silver Report - June 30, 2017

COT Silver Report - June 30, 2017

David Morgan with Gordon Neal, VP of Corp. Dev. from Silvercorp Metals at the IMWC…

How a premier Canadian Silver Producer in China attracts a widely recognized analyst and publisher in the precious metals to become a shareholder? Let’s hear Silvercorp’s story…

COT Silver Report - June 23, 2017

COT Silver Report - June 23, 2017

A Rigged Game

June 22, 2017

What would you say if I told you that a batter had hit 1.000 for an entire season? Or that a pitcher threw no-hitters every time he played a game? I’m pretty sure you would say that’s impossible or that something was definitely wrong. And, of course, you would be correct – somethings are too impossible or outlandish to be true. Not just in baseball, but there are limits in almost every endeavor.

COT Silver Report - June 16, 2017

COT Silver Report - June 16, 2017

Massive Central Bank Asset Purchases: Last Ditch Effort To Save Economy & Cap Silver-Gold Prices

June 13, 2017

The Central banks bought a staggering $1.5 trillion in assets in the first five months of the year to keep the economy from imploding while at the same time, capping the gold price. Yes, it’s true…. $300 billion a month of Central bank asset purchases pushes up STOCK, BOND and REAL ESTATE values while it depresses or caps the gold (or silver) price.

Another Day of Salami Slicing in Silver and Gold

The CME Daily Delivery Report showed that 62 gold and 29 silver contracts were posted for delivery within the COMEX-approved depositories on Tuesday. In gold, the two short/issuers were HSBC USA and International F.C. Stone with 51 and 11 contracts out of their respective client accounts. The long/stoppers that mattered were JP Morgan with 35 for its client account -- and 13 for Scotiabank's in-house [proprietary] trading houses. In silver, the two short/issuers were ADM and ABN Amro with 25…

COT Silver Report - June 09, 2017

COT Silver Report - June 09, 2017

Cryptocurrencies Can be Profitable for Nimble Investors

Personally, Morgan isn’t currently interested in getting into the cryptocurrencies market, but he said that doesn’t mean it’s a bad place for investors to be. “I’m free market. I think if anyone wants to be into cryptocurrencies, have at it — I think if you’re nimble you can get into almost any of them and make money,” he said, adding, “I would just caution people to use a free trade, which means once you double your money take your original capital out and let the rest ride.”

Surprise CFTC Announcement

June 05, 2017

I was shocked by Friday’s announcement by the CFTC of an order and simultaneous settlement of manipulation charges in COMEX gold and silver futures. I first saw it in a Zerohedge article and subsequent articles on Bloomberg and in the Wall Street Journal, but all those accounts were somewhat off target compared to the CFTC announcement itself. This was one of those rare cases where the source announcement was much clearer than the articles describing it. I would ask you to take the time to read…

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