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Silver Commentaries

2014 FULL YEAR RESULTS: Top Primary Silver Miners Lost $1.9 Billion

April 20, 2015

With the last remaining company finally releasing their year-end results, my top primary silver miners lost a combined $1.9 billion in net income in 2014. Two-thirds of the group reported significant write-downs (impairments), while the two of the largest companies suffered the highest losses.

COT Silver Report - April 17, 2015

COT Silver Report - April 17, 2015

Silver Market Update

April 12, 2015

There are a lot of fine words being written about how attractive silver is at current prices and how it is about to enter a new bullmarket etc, but the plain truth is that it remains in a major downtrend and is a bearmarket until it breaks out of it.

COT Silver Report - April 10, 2015

COT Silver Report - April 10, 2015

April Update: Gold Swings back to $1,200, Interest Rates in Question

April 08, 2015

Gold recovered from near fresh multi-year record lows in US-$ terms as funds shorting gold started to cover after piling onto their short holdings over the prior months. The reversal buying was triggered after fears of a near-term rate hike diminished due to ongoing weak US economic news and indications from the Fed that they will defer to later 2015, if at all.

An Unavoidable Comparison

April 07, 2015

A rare event occurred this past week; the CFTC charged a major food company, Kraft, Inc., with price manipulation in the wheat market. You can count on one or two hands the number of times the federal commodities regulator has charged anyone with price manipulation in its 40 year history.

COT Silver Report - April 3, 2015

COT Silver Report - April 3, 2015

BANKING CARTELS’ REAL ENEMY: Physical Silver Investment Demand

March 30, 2015

While gold is a main focus of the Central Bank market rigging apparatus, physical silver investment demand is their real enemy. The reason is simple. Central Banks have gold in their vaults to dump on the market (or to lease) to control the price, but they have very little if any silver for this purpose.

COT Silver Report - March 27, 2015

COT Silver Report - March 27, 2015

Gold to Fuel Silver Upleg

Silver reversed sharply higher over the past week or so, surging dramatically. This was just after it had successfully retested major secular lows, ramping the odds this strong buying is the vanguard of a long-overdue major new upleg. As usual, silver’s coming gains will be fueled by gold’s own advance. As the yellow metal mean reverts higher initially on heavy futures short covering, capital will flock back to silver.

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