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Silver Commentaries

COT Silver Report - May 31, 2019

COT Silver Report - May 31, 2019.

Silver Miners’ Q1’19 Fundamentals

The silver miners’ stocks have been pummeled in recent months, plunging near major secular lows in late May. Sentiment in this tiny sector is miserable, reflecting silver prices continuing to languish relative to gold. This has forced traditional silver miners to increasingly diversify into gold, which has far-superior economics. The major silver miners’ ongoing shift from silver is apparent in their recently-released Q1’19 results. Four times a year publicly-traded companies release…

WILL SILVER GET SMASHED DOWN EVEN LOWER BY THE MARKET CRASH? - we review the latest charts and COTs...

May 31, 2019

The purpose of this update on silver is to attempt resolve a number of glaring contradictions amongst its technical indicators to arrive at the most probable scenario for it in coming weeks. A number of subscribers have pointed out that silver’s latest COT looks increasingly bullish, with the habitually wrong Large Specs giving up on it completely and starting to go short, and the Commercials scaling back their earlier large short positions. This is true – the latest COT does look…

The CFTC’s Summer Camp Letter

May 31, 2019

About 30 years ago, my wife arranged for our then ten-year old son to attend a sleep-away YMCA summer camp in Tallulah Falls, in the Georgia Mountains. While Ross wound up going back to the same camp for several years, eventually serving as a counselor, I knew the first year would involve more than a little concern for his mother (and me) for how he was doing. Since the only communication would be by postal mail (no cellphones or texting back then) and I knew my son was not likely to write…

COT Silver Report - May 24, 2019

COT Silver Report - May 24, 2019.

Jim Cook Interviews Ted Butler: JPM, Silver Investors & More

May 22, 2019

Cook: You’ve made some astonishing predictions on how high the price of silver could go. What’s your reasoning on this? Butler: I’ve tracked JPM’s every move. They have accumulated 850 ounces of physical silver. They anticipate making billions on this hoard. That’s a big, overpowering reason to own silver.

Silver Market Update - looks considerably weaker than gold, although..

May 20, 2019

On silver’s 1-year chart it still looks like it is moving to complete a Cup & Handle base, because the pattern roughly parallels the pattern completing in gold, although the downwardly skewed Handle is driving the price back down towards the vicinity of the lows of the Cup. A breakout from the Handle downtrend will be bullish although this doesn’t look likely short-term because of adverse seasonal factors.

COT Silver Report - May 17, 2019

COT Silver Report - May 17, 2019.

COT Silver Report - May 10, 2019

May 10, 2019

COT Silver Report - May 10, 2019.

Two Inglorious Anniversaries

May 08, 2019

If you can learn anything from this unfortunate bit of British history, it's this: Western governments will stop at nothing to support and enable The Bullion Banks as they endeavor to maintain control of price through the current "LBMA/COMEX Gold Pool". Brown's decision to liquidate over half of his country's gold reserves at the price lows twenty years ago simply underscores this unfortunate fact. This month also brings the eighth anniversary of the May Day Massacre. This event, which…

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