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Silver Commentaries

Silver Shorts Get Squeezed Hard… What’s Next?

August 08, 2020

U.S. dollar assets are simply becoming less and less attractive. The U.S. Dollar Index has been sliding as both international and domestic investors seek alternatives

Silver Explodes

August 08, 2020

This manic rise in the price of silver will end someday. But today is not that day. Stack on!

Don’t Forget the Silver Users

August 07, 2020

Today, I would like to take a stroll down memory lane and revisit an issue that dominated the endless and often heated daily conversations I had with my dearly departed old friend, Israel Friedman. In the early days (circa the mid-1980’s), Izzy’s interest in my allegations of a short selling scam on the COMEX went to the motivations behind the price suppression and not so much the mechanics of the manipulation...

Wealth Effect: Silver Edition

August 07, 2020

Silver has gone up a lot.   In a post-interest world, one cannot earn much return by financing productive enterprise. Instead, people are forced to speculate on whatever asset bubble is inflating at the moment.   Speculation is different from investment, in that the speculator’s profits come from the capital of the next investor. It’s a process of conversion of one investor’s capital into another’s income, to be consumed.   This is the great feat, which…

We Haven’t Seen Anything Yet: The Coming Tiny Silver Market Explosion

August 06, 2020

If just a mere $500 billion worth of funds attempts to acquire some of this silver, we are talking about a SEVEN TIMES increase in the price… using simple math ($500 billion / $71 billion = 7).  With the current silver price at $27, seven times that would be $189.  Yeah, I know that may sound like a bit of “HYPE,” but no one was saying this when Tesla surged from $200 in 2019 to $1,500 recently.  That’s SEVEN TIMES higher in just a year… LOL.

This Inflation-Adjusted Silver Chart Tells An Interesting Story

August 04, 2020

It was an important level to cross on the way to the 1980 high, evidenced by the fact that it came back to that level (after it blast through in Dec 1973) before setting off to that all-time high of $118 ($50 in nominal terms).

Massive Investment Demand Puts Silver Back On The Mainstream Radar

July 31, 2020

With silver up 30% for the month, the shiny metal is now back on the Mainstream Media Radar.  Yeah, it’s been seven long years since silver traded at $24, but now it looks as if it is just in the beginning stages of a new Bull Market. Last Friday, CNBC ran an interview with Bill Baruch, president of Blue Line Capital.  He said that when silver was trading at $22 on Friday, he expected more gains.  And, this precisely what took place this week.

U.S. Mint To Reduce Gold & Silver Eagle Production Over The Next 12-18 Months

July 29, 2020

Due to measures taking by the West Point Mint to protect workers from the virus, the production of gold and silver coins will be reduced over the next 12-18 months.  By enacting these worker policy changes, the U.S. Mint will not be able to produce gold and silver bullion coins at the same time.  Thus, if demand continues to be strong for Gold and Silver Eagles, we could see higher premiums in the future.

Gold and Silver Are Just Getting Started

The U.S. Mint made an unusual request last week. In a press release dated July 23, the bureau literally begged Americans to start putting coins back into circulation by spending or depositing them. As you may have noticed, people just aren’t making transactions with coinage like they used to. That’s especially the case now in the age of the coronavirus. With many people sheltering-in-place, billions of dollars in everyday purchases are being made online that in normal times would have…

Silver’s Surge Leaves Naysayers in the Dust

July 27, 2020

With silver breaking out decisively to the upside, bears are running for cover. We had noted in our July 13th News Alert, “We are paying especially close attention to the bull vs. bear tug-of-war in the silver market around $19/oz. If the bulls yank prices decisively above that level on a strong close, short covering by capitulating bears could help drive a powerful breakout rally.” That’s exactly what happened. The rally really accelerated once the $20/level was taken out last Monday…

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