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Silver Commentaries

Confirmation, Outrage and Disgust

April 04, 2019

A recent interview with former CFTC Commissioner Bart Chilton nearly knocked me off my feet because it confirmed what I have alleged, starting more than 12 years ago. I’ll include the interview later, but first I will set the background of the subject and timeline in order put Chilton’s words into the proper perspective. The subject is JPMorgan’s manipulation of the silver market. The timeline is important because Chilton does misstate some facts that need to be corrected. I’m not a big fan of…

COT Silver Report - March 29, 2019

COT Silver Report - March 29, 2019.

Silver Miners’ Q4’18 Fundamentals

The major silver miners have rallied higher on balance in recent months, enjoying a young upleg. That’s a welcome change after they suffered a miserable 2018. Times are tough for silver miners, since silver’s prices have languished near extreme lows relative to gold. That has forced many traditional silver miners to increasingly diversify into gold. The major silver miners’ recently-released Q4’18 results illuminate their struggles. Four times a year publicly-traded companies release…

The Staggering Amount Of Gold & Silver Investment Since The 2008 Financial Crisis

March 24, 2019

While the demand for precious metals is certainly off its highs from prior years, investors would be quite surprised by the astonishing amount of physical gold and silver investment since the 2008 financial crisis. Only by comparing the gold and silver investment demand in the prior decade, can we truly understand how the precious metals market has changed, and probably forever. Now, before I get into the information, I wanted to say a few things about precious metals sentiment and the…

COT Silver Report - March 22, 2019

COT Silver Report - March 22, 2019.

On The Hot Seat

March 21, 2019

Jim Cook Interviews Ted Butler Q: A minor analyst recently remarked that he didn’t believe any of the claims you make about market manipulation and called it conspiratorial stuff. What do you say about that? A: That’s the main reason my arguments have never caught on in a big way. Nobody wants to be associated with a conspiracy. However, I draw my conclusion from government data like the Commitment of Traders report and the Bank Participation report. There’s nothing conspiratorial about…

IT’S OFFICIAL; U.S. Silver Production The Lowest In More Than 70 Years

March 21, 2019

With the latest release by the USGS, silver production in the U.S. is now the lowest in more than 70 years. We have to go all the way back until the year after World War II ended to see U.S. silver production less than it was in 2018. While many reasons can be attributed to the decline, the main factors are falling ore grades and mine economics. Unfortunately, there just aren’t too many economic silver deposits in the United States, especially with the high level of environmental and…

COT Silver Report - March 15, 2019

COT Silver Report - March 15, 2019. Futures Report + Futures & Options Combined Report.

COT Silver Report - March 8, 2019

COT Silver Report - March 8, 2019 PLEASE NOTE: THE COT REPORT SCHEDULE IS NOW UP-TO-DATE & ON ITS NORMAL SCHEDULE WITH THE RELEASE OF THIS REPORT.

New Pacific Reports Remaining Drill Results

"New Pacific Metals is an exploration and development company with precious and base metal assets in China, Canada, and South America (Bolivia). Its principal asset, the Silver Sands Project in Bolivia, has the potential to become a world-class silver operation in the future. We aren't the only ones optimistic on New Pacific Metals and mining in Bolivia in general, as two prolific primary silver producers have sizeable interests in the company. These two important strategic shareholders are…

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