• Gold: 1,525.51 -3.03
  • Silver: 17.37 -0.09
  • Euro: 1.113 -0.001
  • USDX: 97.64 -0.647
  • Oil: 53.65 -1.71

What About Silver?

I would like to take an in-depth look at Sliver and show you the bottoming process that finally came to an end in late May of this year. There is no question that silver as been the laggard when it comes to the PM complex similar to what we saw back in the early 2000’s when gold led the way for the rest of the PM complex. Silver eventually caught fire and actually topped out in April of 2011 a full five months before gold and the PM stock indexes. If you’ve been trading silver for any length of time then you know when it moves it can make up lost ground in a hurry. Since the early 2016 low SLV has been trying to bottom around the 13 area. Every time it would find support and rally higher SLV could never maintain its impulse move higher. Below is a one year daily chart for SLV which shows a small double bottom that formed late last year and after reaching the double bottom price objective at 15.00 the price action declined once again toward the bottom of the previous lows. This time however SLV was able to find its low slightly above its 2018 double bottom low forming the blue bullish falling wedge.

The Silver K.I.S.S. Strategy

NFLATE OR DIE! Create more debt and higher prices, and transfer wealth from the many to the few. Our President wants lower interest rates. The Fed wants more inflation so they can expand the fiat currency Ponzi scam. Congress wants to spend, spend, spend… And they will get it. Enter MMT..

Are We Nearing The Breakpoint In The Silver...

After getting a thorough simulation of what it feels like to watch paint dry over the past eight years, the silver market is finally showing some signs of life. After rising almost $2.50 from the May 20 $14.41 lows (coincidentally also the same time the banks finished buying back their short position – as can be seen by the red line in the middle section of the chart below), silver recently even crossed above the $17 mark.

It's Time to Get Serious about Silver

Start laying in some physical gold and silver. There is compelling evidence that as the price reaches about $26, a major resistance point from years' past, "the public" – your friends and neighbors – will finally decide to join the crowd. With such a relatively small market you can be certain, assuming availability, both the price and the premiums will be much higher than they are today. So what's the point of waiting?

K.I.S.S. Strategy – Part One

History shows that debt will increase until the system resets. Increasing debt creates more currency in circulation and higher prices as the dollar devalues. Read “The Three D’s of Doom.” History and the empirical price model show that silver prices are too low. Expect higher prices for several years. Read “Silver Price Forecast.” Trusting politicians will spend, central bankers will devalue, consumer prices will rise, and silver prices will be multiples higher in 2025…

Fool's Silver: Why Most “Silver Miners” Don...

If you buy shares in a silver mining company, you will have to assume additional market risks compared to ownership of silver bullion. You may wish to do so in order to potentially gain leveraged exposure to silver prices. What you may not realize, however, is that most of the publicly traded “silver” stocks out there are primarily in the business of mining other metals – sometimes gold, often copper, zinc, lead, and other base metals.

What the Rally in Gold Means for Silver Prices (...

Bloomberg: In this edition of "Charting Futures," Interactive Brokers Chief Strategist Steve Sosnick examines the rally in precious metals with Bloomberg's Abigail Doolittle on "Bloomberg Markets: The Close." (Source: Bloomberg)

Silver Price Update - Don't think rally is...

Silver price technical update. 200 DMA will hold, $16.33. Sustained move coming. If we can close near the weekly highs today..

Silver prices book largest daily rise in 3 years...

A recent report from Sprott Asset Management contributor Paul Wong, tracking gold and silver trading in July, notes that buying of those precious metals has spread to individual investors. “We are now just starting to see gold buying broaden out to retail, individual investor level. By all historical measures, we should see silver play a phenomenal catch-up trade to gold in the next few months,” he wrote.

As gold and silver catch fire, what's...

Ordinarily it would seem that circumstances are hugely favorable to gold and silver. But if governments lose on the market-rigging front, they can always become more openly totalitarian -- confiscating gold or outlawing private possession of monetary gold, imposing windfall profits taxes on capital gains in gold, raising royalty requirements on gold-mining companies to prohibitive levels, and so forth. So even as we all may hope for the best -- free and transparent markets, and limited and accountable government -- your secretary/treasurer's only prediction is borrowed from Orwell's "1984": "If you want a vision of the future, imagine a boot stamping on a human face, forever." To prevent that is another reason to press on in the morning.