Higher prices aren't the only reason market watchers should pay attention to gold and silver... by Steve St Angelo of SRSrocco ReportPrices for gold and silver have seen major increases this year, and interest in these precious metals is rising in tandem as both new and experienced investors rush to the space.But higher prices aren't the only reason market watchers should pay attention to gold an...Read More
That's only an addition of 205,000 ounces of the real stuff, Hello Mr. Resolute!submitted by J. Johnson via JS MinesetGreat and Wonderful Monday Morning Folks, Gold is trading down $6.30 with the price at $1,860, right smack in the middle of the range between $1,869.10 and $1,851.10. Silver is flat to lower with the last trade at $23.02, down 7.3 cents after the dip down to $22.61 with t...Read More
Strong raid...by Harvey Organ of Harvey Organ BlogSEPT24//GOLD UP $9.30 TO $1874.30//SILVER UP 15 CENTS TO $23.15//GOLD TONNAGE AT COMEX: 14.9 TONNES//SILVER OZ STANDING: 54.4 MILLION OZ//CORONAVIRUS UPDATE THE GLOBE//TURKEY IN SERIOUS FINANCIAL TROUBLE AS RESERVE CURRENCY PLUMMETS: THEY RAISE RATES TO STEM THE FALL IN THE LIRA//IN THE USA 870,000 NEW UNEMPLOYMENT BENEFIT CLAIMS//NO TALKS BETWEEN...Read More
A price floor is expected when further selling the price down causes scarcity...by Keith Weiner of Monetary-MetalsA few days ago, we wrote about a big silver crash. The price dropped around 7.5%.And the basis dropped from around 2% to 0.6%. At the end, we said:"The key question is: what is the follow-through? If the price stays down and the basis goes back up, that will be a bearish signal. If...Read More
The largest western banks not only rig the precious metals market...Bob Kudla with Sean on SGTreportBob Kudla joins me to discuss JP Morgan's billion dollar fine and the fact that the largest western banks not only rig the precious metals market, the finance drug cartels, terrorists and mobsters - on the record!Read More
"...what's the follow-through?...means the silver market is markedly tighter at..."by Keith Weiner of Monetary-MetalsOn Monday, the dollar rose from 1.16 grams silver, to 1.26g.Conventional monetary thinkers believe that the dollar can be measured either in terms of the euro, pound, yuan, etc. Or in terms of consumer prices.But these are not units of measure.And that's because consumer prices are...Read More
There's a flash sale on silver right now, but it won't last long! Here's why...*****UPDATE 1 An appropriate expression could be "the beatings will continue until morale improves":The cartel apparently doesn't really care about actual smart people buyin' up all the shiny phyzz at bargain basement prices, however, so, um, yeah.Something big must be coming, in a false flaggy kind of way, be it real,...Read More
Dumb money will be unable to recognize or accept that the trend has changed...by Gary Savage via Smart Money TrackerDumb money will be unable to recognize or accept that the trend has changed...Read More
If the U.S. Government comes out with a new stimulus plan, then we are going to see higher silver and gold prices. However, if there isn't a new bill... by Steve St Angelo of SRSrocco ReportIn my newest update, I explain that the silver price trend for the next quarter will depend on what happens over the next 7-10 days. If the U.S. Government comes out with a new stimulus plan, then we are g...Read More
It's essential to understand where you are in the overall long-term cycle...Patrick Karim and Chris Vermeulen on Palisade RadioTom welcomes Patrick Karim, who is a proprietary capital manager, and Chris Vermeulen, the founder of Technical Traders Ltd., back to the program.Patrick brings us several charts to review, beginning with a comparison of USD/Swiss Franc contrasted with gold. There is a cyc...Read More
We are just in the beginning stages of the MASSIVE SILVER BULLION DEMAND to come... by Steve St Angelo of SRSrocco ReportThe top three official mints sold a great deal of retail silver bullion products in the first half of 2020. However, the sales figure could have been a great deal higher if the various government mints weren't forced to shut down production. The top three official mints in...Read More
The $26 level is the first downside target, then the $23-$24 range, but once the consolidation that could play out over several more weeks is over...by Peter Krauth via Streetwise ReportsThey say patience is a virtue.Well, if anyone is virtuous these days, it has to be silver bulls.They also say good things come to those who wait. I believe those good things will be coming...in spades.Silver reach...Read More
Where may the silver price be heading over the next few weeks? by Steve St Angelo of SRSrocco ReportIn today's update, I discuss where the silver price may be heading over the next few weeks. Of course, this is only a short-term horizon, but if individuals are going to watch silver price quotes every day, then it essential to know what the technicals are showing. How the silver price trades o...Read More
A $21 level test remains a possibility, but $50 to $60 seems entirely plausible next year. Silver has been performing better than gold recently, and...Kevin Wadsworth interviewed on Palisade RadioTom welcomes back market weather forecaster and technical analyst wizard Kevin Wadsworth.Kevin discusses the technical patterns and how they usually tell you where things are heading. Sometimes the eviden...Read More
We need to keep an eye on the broader markets as they will be one of the larger drivers of the gold and silver prices in September. However... by Steve St Angelo of SRSrocco ReportPrecious metals investors are wondering if the Silver Rally will continue in September. After the silver price reached nearly $30 in August, it has been consolidating lower over the past few weeks. However, silver...Read More
Silver is a "must own" asset in this environment. Using both 1970s inflation and Fibonacci analysis, if inflation surges as gold moves towards...by Stewart Thomson of Graceland UpdatesSep 1, 2020 1. While most of the Corona news is "baked" into the gold price, when the dust settles, $2000-$2500 is likely to be the new floor.2. Please click here now. The $1000 floor for gold took...Read More
It should be fun to watch...by Harvey Organ of Harvey Organ BlogAUGUST 31//GOLD UP $5.90 TO $1965.60//SILVER UP 80 CENTS (EX LONDON)//INITIAL SILVER OZ STANDING FOR SEPT: 52 MILLION OZ//A VERY STRONG 9.5 TONNES OF GOLD STANDING AT THE GOLD COMEX FOR SEPT/CHINA VS USA ESCALATION//CORONAVIRUS UPDATES SAT, SUN AND TODAY//OHIO FIREFIGHTER AND POLICE PENSION FUNDS WILL NOW INCLUDE 5% GOLD///RIOTING CON...Read More
This is a very clear sign that there is VERY LITTLE silver available for delivery, and now the question is WILL THEY SHORT ON THE RISE AGAIN...?!?by Bix Weir of Road to RootaThe Silver Chaos of Naked Shorts heading into Sept Deliveries seems to have subsided after the Banks took MASSIVE LOSSES in closing out their short positions at the end of last week. This is a very clear sign that there is VER...Read More
"...markets naturally flow then ebb, taking two steps forward before retreating one step back. Their price action gradually meanders around..."by Adam Hamilton of Zeal LLCThe silver miners' stocks have had a roller-coaster ride of a year, getting sucked into March's stock panic before skyrocketing out in a massive upleg. While much-higher prevailing silver prices radically improve silver-stock f...Read More
If silver can close above $28.50 the last day of August, it will set up a much more positive technical move for the metal to continue towards... by Steve St Angelo of SRSrocco ReportThe market will finally realize that silver is a better investment when the world's financial bubbles start popping everywhere. This will cause the silver price to reach levels that will make the past $50 record see...Read More