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Silver Market Updates

Still Waiting for a Precious Metals "Correction"? Get Off the Dime and Buy Some Silver Ones...

July 27, 2016

So where's the good news in all of this for you? First, physical metals have not risen nearly as much, proportionately, as have the underlying mining stocks. Indeed the miners are simply playing catch up, rising faster than gold and silver – as they should, because owning them comes with more risk. Second, the general public still has not placed precious metals on their "must have" list. Sure you hear radio advertisements to buy, but how many of your neighbors, friends, and family members hold…

Silver Is Insurance Against The Worst Part Of This Depression

July 27, 2016

The worst part of the world’s ongoing financial crisis is still on the way: A crisis that has its roots in the debt-based monetary system. The debt-based monetary system has facilitated the growth of debt, to levels that will inevitably bring total collapse.

Chris Martenson: Underpriced Silver Is the “Rip Van Winkle” Metal

July 25, 2016

Silver, primarily Mike I love it as the industrial metal, as something who's known ore grades are vanishing and deposits are depleting, and we know that it's being used increasingly for more and more industrial applications. Silver is my Rip Van Winkle metal. I love it. If somebody said, "I need to pick one of these two, 20 years I want to be happy when I wake up." Silver’s it. It's a volatile metal that goes up and down, I think it could have a run down if we hit a capital “R” recession or…

Silver Market Morning: July-25-2016 -- Gold and silver prices sitting on support!

July 25, 2016

Shanghai prices were lower than at New York’s close, while London tried to pull prices lower at the opening and thereafter. A strengthening dollar is at the heart of the weakness in gold and silver prices. We do not believe the dollar will get that much stronger and echo the opinion that the dollar is unlikely to rise higher than $1.07 against the euro. This helps to explain the limited Technical downside to gold prices.

Silver COT Stuns: What’s Going On Here?

July 24, 2016

The gigantic war continues unabated. Hedge funds keeping pile in on the long side while Commercials and Swap Dealers keep selling them all they want. The hedge fund net long is at a new all time high. The Swap Dealer net short is also at a new all time high. Commercial net shorts are fast approaching the all time high set back in October 2009.

Market Report: Technicians turning bearish

July 22, 2016

Predictably, technical analysts are now talking prices down, expecting gold to test the 55-day moving average currently at $1280, and possibly the 200-day MA, which is at $1195. Last night (Thursday) gold closed at $1333 and silver at $19.80.

Silver Market Morning: July-21-2016 -- Gold and silver prices still base building!

July 21, 2016

With today’s European Central Bank meeting likely to have an effect on exchange rates and the gold price the prospect of more easing becomes important. But as with the Bank of Japan’s failure to move of late [saying ‘helicopter money’ is off the table], so the E.C.B. finds itself in a position where it is extremely limited in what it can do now or in the future. Lending is timid, so stimuli are not bearing fruit!

Silver Market Morning: July-18-2016 -- Gold and silver prices trying to decide direction!

July 18, 2016

Just as the Bank of England is waiting for more pertinent data before deciding on how much easing to put out there, so now we see the E.C.B. hesitating in the same way and for the same reason. They cannot act in the statistical darkness for fear of doing too much or too little. The bank of England is waiting until Augusts’ meetings and even then may delay further. Hindsight may tell them they waited too long or too little, but for now they would not be wise to act before seeing some light.

Silver – No Time to Waste, Get it Now!

July 18, 2016

I sat down with Michael Noonan, Edge Trader Plus, to get his take on the current state of the silver and gold market. Michaels approach to trading is a little different than most of the other people I speak with in that he simply watches the movement in the charts and tunes out everything else.

Market Report: Precious metals consolidate

July 15, 2016

This consolidation, which started after America’s Independence Day, has been in the form of a relatively shallow correction, as our introductory chart shows. This leaves gold up 27% against the US dollar, and silver up 47%. Silver has caught up on all its earlier underperformance, driving the gold/silver relationship down from 83 in March to 66 this week.

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