And, BAM! Just like that, silver sells for $29...by Keith Weiner of Monetary-MetalsAnd, *bam!* Just like that, silver sells for $29.It seems so simple, so obvious, so black-and-white. Seeing the price chart in recent weeks, you wouldn't know that silver speculators have been waiting for this moment since March, 2013 (when silver crossed the $29 line to the downside, and has not looked back until n...Read More
The helicopter sits idle, because politicians just can't bring themselves to dropping some crumbs on the proles until the hunger pangs really kick in...*****UPDATE 19:23 TUESDAY, AUGUST 11TH, 2020Check this out:If you have extra coins at home, please use them to make purchases- or deposit them at the bank or exchange them for cash. Help get coins moving! ???????,- Steven Mnuchin (@stevenmnuchin1)...Read More
Silver could go to triple-digits by the end of this year, and then in 2021, silver turns into rocket fuel in the real bull market we are waiting for...Bo Polny interviewed on USA Watchdog by Greg HunterCycle expert and financial analyst Bo Polny says, "Silver is still a steal. I think silver could go to $65 per ounce, and we could see that as early as September, but surely before the end of the ye...Read More
The shorts continue to pile on, and it does seem they are stressed...submitted by J. Johnson via JS MinesetGreat and Wonderful Monday Morning Folks, Nothing starts a Monday off better than a strong-precious-metals move higher with December Gold at $2,038.70, up $10.70 after reaching $2,047.50 with the low at $2,018.90. Silver leads the percentages with the September trade at $28.31 up...Read More
There is growing evidence that the rapid rise in the silver price is due to physical buying, not paper speculating... by Steve St Angelo of SRSrocco ReportThere is growing evidence that the rapid rise in the silver price is due to physical buying, not paper speculating. We can see this in the falling Commercial net short position trend as the silver price continues to rise. Typically in the p...Read More
Time is money, and money is time. Over the past decade we've all read countless articles with headlines like "$10,000 Gold" and "$1,000 Silver"...submitted by Matt OrloffTime is money, and money is time. Over the past decade we've all watched and read countless articles with headlines like "$10,000 Gold" and $1,000 Silver", Why $700 Silver is Possible, and "The Curious Case for $936 Silver.I consi...Read More
In less than one month, $1.5 Billion dollars (recall Sprott's SEC filing) lost nearly 30% of its purchasing power in terms of physical silver...by Larry White of The View From Our WhitehouseThis blog is not an investment advice blog and also does not claim any kind of expertise in precious metals other than just some basic common knowledge. But we do monitor the precious metals markets for several...Read More
"...could extend to the $35.00/$36.00 level before it ends."by Captain Ewave of CaptainEwaveCaptain Ewave"Stunning Silver: Big C Wave Action"Email: [email protected]Website: www.captainewave.comAug 6, 2020Silver:Update & Tactics:Our wave -iv- correction ended at the 22.46 low.We are now rallying in wave -v- of (i), which could extend to the 35.00/36.00 level before it ends.We now breaking through...Read More
The central bankers are mad...Chris Duane with Sean on SGTreportLongtime silver bull and creator of the Silver Shield series of coins, Chris Duane returns to SGT Report to discuss the madness of central bankers and the breakout of silver which is now threatening to break its Comex paper chains once and for all.Read More
Once momentum takes hold, there's no telling where the price may go. Perhaps $50. It happened in 2011 (and 1980). It could happen again!by Keith Weiner of Monetary-MetalsRecently, we've been publishing updates after days when the silver price has spiked up. Now, after Tuesday's trading action, silver trades over $26. Its price moved up over two bucks (about 8%).The long pattern since the peak pric...Read More
Even though the silver price has surged over the past two months, we haven't seen anything yet. Step aside, Tesla... by Steve St Angelo of SRSrocco ReportEven though the silver price has surged over the past two months, we haven't seen anything yet. Step aside, Tesla. Watch what happens when investors begin to understand the true meaning of "STORE OF VALUE." I can assure you; Tesla is no...Read More
The NEW BULL MARKET seems to be intact, and it seems as if the trading momentum will likely continue to push silver up to the next target level of... by Steve St Angelo of SRSrocco ReportWith silver surging another $1.70 on Tuesday, the NEW BULL MARKET now seems to be intact. Not only did silver jump by another 7%, gold climbed by more than $41 by the end of trading. Gold closed at a new all-...Read More
We are now entering a transition stage, the world is watching...Lior Gantz interviewed on X22 Report SpotlightLior discusses the economy on how gold and silver are going to make higher gains. Lior says that gold and silver are not in a bubble and inflation is a future marker, watch the 2% marker that the Fed puts out. We are now entering a transition stage, the world is watching.Read More
It's hard to see how they can get out of a SHOCKING DELIVERY NOTIFICATION EVENT!by Bix Weir of Road to RootaWith the September COMEX open interest RISING to over 130,000 contracts it's hard to see how they can get out of a SHOCKING DELIVERY NOTIFICATION EVENT in less than 19 trading days! Got Silver!!Read More
There was a remarkable change in the dynamics controlling the silver market, indicating much higher prices to come... by Steve St Angelo of SRSrocco ReportSomething quite interesting took place in the silver market last week. There was a remarkable change in the dynamics controlling the silver market, indicating much higher prices to come. In my newest video update, I explain the positive ch...Read More
This is the 1970s on steroids...by Peter Schiff of Peter Schiff PodcastJuly ends with record monthly closes.Apple becomes world's most valuable company.Gold settings records.Silver has its best month since 1979.US Dollar has lost better than 99% of its value.Slow orderly decline could turn into rapid disorderly crash.10 and 30 year Treasury Bonds close with lowest yields in history.This is the 197...Read More
This is only PHASE ONE of the collapse in global silver production. The world will find out that silver is one of the most undervalued assets on the planet... by Steve St Angelo of SRSrocco ReportAccording to the data released by Mexico and Peru's governmental mining data, domestic silver production continued to be depressed in May. Interestingly, the production data just released from Mexico's...Read More
For silver to remain in a bullish trend, it was necessary to hold a key support level. So, far... by Steve St Angelo of SRSrocco ReportWhile there is a lot of volatility in the silver price during early U.S. trading, where it closes today will likely set the trend for next month. For silver to remain in a bullish trend, it was necessary to hold a key support level during Asian trading last nig...Read More
One of the largest "industrial hedgers" in the COMEX Silver market gets a surprise $765M loan from the Trump Administration?by Bix Weir of Road to RootaKodak, one of the largest "industrial hedgers" in the COMEX Silver market, gets a surprise $765M loan to make pharmaceuticals from the Trump Administration? And the loan was from the "U.S. International Development Finance Corporation?" MY SPIDEY S...Read More
With the silver price up 30% in July, along with reaching the $26 target level, it seems like the next move is a correction lower... by Steve St Angelo of SRSrocco ReportWith silver up 30% for the month, the shiny metal is now back on the Mainstream Media Radar. Yeah, it's been seven long years since silver traded at $24, but now it looks as if it is just in the beginning stages of a new Bull M...Read More