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Silver Market Updates

Behind Closed Doors

April 05, 2019

A fog lifted from the silver market last week and we could see things clearly that we had only guessed at. A former commissioner of the Commodity Futures Trading Commission (CFTC), Bart Chilton, sat for an interview with blogger Chris Marcus to discuss silver market shenanigans. Mr. Chilton was a commissioner from 2007 to 2014. The interview got interesting when he began to discuss the failure of Bear Stearns in 2008. They held a large short position in silver along with JPMorgan who took over…

Get on the Ira Silver Train

April 03, 2019

For more modest IRAs you may want to consider Gold Star Trust. Simply set up an account on line and then roll over some or all of your funds into the new account. Gold Start Trust was formerly American Church Trust and specialized in Church bonds. I have been associated with them for almost 20 years. After you account is funded simply call your favorite precious metals dealer (yours truly for one) and you can purchase precious metals for your IRA. The metals have to be held in a 3rd party…

Precious Metals Update Video: Silver oversold, trend is down

April 02, 2019

Silver oversold, trend is down.

Precious Metals Update Video: Silver in a downtrend but..

March 31, 2019

Precious Metals Update Video: Silver in a downtrend (video update)

Precious Metals Update Video: Silver hits lower bollinger band support

March 28, 2019

Precious Metals Update Video: Silver hits lower bollinger band support, important support area and oversold.

Precious Metals Update Video: Silver has not yet turned that corner..

March 28, 2019

Silver has not yet turned that corner (video technical update)

Precious Metals Update Video: Silver remains above its 18-DMA

March 22, 2019

Silver market is similar to gold - lower highs and lower lows. For two weeks in a row, silver above its 18-DMA. (video update).

Precious Metals Update Video: Gold-Silver ratio is starting to favor silver

March 21, 2019

Precious Metals Update Video: Gold is not overbought. Silver - lower lows, lower highs.

Precious Metals Video Update: All eyes on FOMC today

March 20, 2019

FOMC today - Fed dot plot will be a focus. Silver and gold stocks need to be careful here, can turn bearish.. Copper options at an all-time record:

Technical Scoop: March-17-2019 -- Silver

March 17, 2019

As we noted, silver slipped a small 0.2% this past week. Silver appears to be in a nice bull channel. We will see if it can hold that channel even as gold might move lower. A breakdown under $15 would change that scenario and silver could fall to the $14.60 range. Technically, it made what could be seen as a double top at $16.20 and $16.19. If so, the breakdown under $15.44 suggested the potential to fall to $14.45. Currently the low is $14.98, but if that goes then $14.45 becomes a possibility…

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