SD Friday Wrap: Presenting the case that the black swan everybody has been looking for is actually silver, and also presenting a market wrap...Here's a question: Could silver see sharp price rises due to a developing trade war that now includes tariffs on Chinese, Russian, Venezuelan and Vietnamese steel and aluminum (in addition to the ones already in place on solar panels)?There certainly does s...Read More
"JP Morgan actively engages in a concentrated silver price suppression scheme (on the COMEX) whilst simultaneously acquiring physical silver bullion..."by James Anderson via Value WalkRoll in your Hunt Brother graves.Eat your still beating hearts Buffett, Munger, & Berkshire Hathaway.JP Morgan's record-sized silver bullion holding portends much higher prices ahead.Also see 2017 hedge fund letters...Read More
Gold investors have enjoyed a strong start to 2018. After a brief pullback into early February, the shiny metal has charged higher once more.The question now: Is a major breakout on the way for gold and precious metals bulls?Looking at the chart below, you can see that a strong base has been built in both Gold prices and the XAU Index (Gold and Silver Miners). These bases look very similar and hav...Read More
Captain Ewave says silver has completed its retracement and is moving higher, and gold may just now be doing the same. Here's the details...by Captain Ewave of Captain EwaveFeb 13, 2018Elliott Wave Counts For Gold, SP500, & GDXGold: Short Term Update:We are starting to think that all of wave ^ii^ is complete at the 1309.00 low and that our wave ^iii^ rally has now begun. Our only concern is t...Read More
Peter KrauthSilver prices in 2018 weren't immune from the stock market's turbulence last week. But silver prices held up better than stocks, and the brief downturn makes this an excellent silver buying opportunity…As the stock sell-off gained intensity, silver eventually followed the rest of the market. It's a reminder that silver is not gold, and investors would be wise not to ignore its le...Read More
Peter KrauthIt's Economics 101. Price works to balance supply and demand. Limited supply causes higher prices; higher prices help curb demand.Well, a potentially very profitable twist on that equation is playing out right now in the silver market. Mined silver supplies have been drying up over the past few years, while silver prices have climbed 20% in the same time frame.But the exciting opportun...Read More
"If you think the Dow Jones correction is over, then you are going to be in for a rude awakening..."by Steve St. Angelo of SRSrocco ReportWhile the Dow Jones Index and broader markets are recovering from their lows set on Friday, the worst is still yet to come. Investors need to realize that stock market indexes don't fall in a straight line. Also, there is also the possibility that the Dow Jo...Read More
SD Friday Wrap: It's been a brutal week for the metals. Here's a look at the damage...First let's start off with the good news, if we can call it that.The gold-to-silver ratio is still showing the potential for arbitrage:Notice the GSR is a little different than I normally print it out. This time, I printed the weekly. The point I wanted to show is that as silver bottomed in December of 2015, the...Read More
Launched Today: Here's an opportunity to buy 19 1 oz silver coins and get one silver coin for FREE... shipped directly to you in mint sealed tubes!SD Bullion has partnered with the Austrian Mint to offer silver investors free silver coins. The model is a buy 19, get 1 free model. Therefore, if you purchase 19 - 2018 Austrian Mint Silver Philharmonics coins here at SD Bullion, then you will receive...Read More
The miners have no room to cut costs, and now mining costs are rising. Here's what it means for silver...Chris Marchese interviewed by Jason Burack on Wall St For Main StDuring this 35+ minute in depth interview, Jason asks Chris about the global economy and the mess that central banks like the Federal Reserve, ECB, Bank of Japan and PBOC have made.Chris thinks central banks have no exit strategy...Read More
By Rhiannon Hoyle This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal (February 8, 2018). SYDNEY -- Rio Tinto PLC said it was hunting for acquisitions including in new commodities such as lithium, as it handed more cash to shareholders through an increased buyback program and record annual...Read More
VANCOUVER, British Columbia - February 8, 2018 - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM) (NYSE American: SVM) reported its financial and operating results for the third quarter ended December 31, 2017. All amounts are expressed in US Dollars.THIRD QUARTER HIGHLIGHTS Net income attributable to equity shareholders of $12.7 million, or $0.08 per share1, compared to net inc...Read More
By Rhiannon Hoyle SYDNEY-- Rio Tinto PLC said it was hunting for acquisitions including in new commodities such as lithium, as it handed more cash to shareholders through an increased buyback program and record annual dividend. The remarks by Chief Executive Jean-Sebastien Jacques--while unveiling a 90% annual profit rise--show that resources companies are rethinking their strategies after years...Read More
Rio Tinto PLC (RIO.LN) reported a 90% rise in 2017 net profit to US$8.76 billion and said it would pay shareholders a record full-year dividend. It also announced plans to buy back a further US$1 billion in stock, on top of the US$1 billion dedicated to repurchasing shares in mid-2017. Here are some remarks from Rio Tinto's 2017 earnings report: On cash flow: "The strength of our cash flow is a re...Read More
By Rhiannon HoyleSYDNEY--Rio Tinto PLC (RIO) said it would buy back more stock and pay a record annual dividend as the mining company reported a 90% rise in profit for 2017. The Anglo-Australian miner said on Wednesday it will hand shareholders a further US$1 billion via a share buyback, in addition to the US$1 billion dedicated to repurchasing shares at its fiscal half year. Rio Tinto also promi...Read More
SD Midweek: It's turning out to be a very painful week, especially for silver. Here's the details...If there is a bright side in all of this, well:There is a serious arbitrage developing in the gold to silver ratio.Silver is ridiculously cheap right now.Of course, that's what happens when you are the one single thing governments and central banks fear more than anything else.This is the third test...Read More
Peter KrauthSilver prices today are mostly flat, down just 0.03% in morning trading, to $16.83 per ounce, as the broader stock market rout continues.On Monday, a serious purge took the S&P 500 down 4.1% and the Dow down a gut-wrenching 4.6% in a single day. Bitcoin lost 12% to reach $7,200, and oil also lost 2.7%.It was the largest point drop in a single day for the Dow… ever.But as Mond...Read More
Gold and silver got smashed down today. Bill Murphy tells us he has never seen any market trade like silver is trading right now...Bill Murphy of the Gold Anti-Trust Action Committee (GATA) interviewed by Silver DoctorsThe only way to have honest price discovery in the silver market is for physical demand to overwhelm the manipulation, Murphy says.Silver manipulation, along with gold manipulation,...Read More
By Carlo Martuscelli Glencore PLC (GLEN.LN) said Thursday that production was lower for most commodities in 2017, reflecting the impact of disposals, maintenance work and weather. The natural-resource company said copper production for the year ended Dec. 31 fell 8% to 1.3 million metric tons. The decrease was attributable to constraints on production due to smelter maintenance, end-of-life produc...Read More
"If the CFTC was intending that this week's announcements showed that it was truly cracking down on bad actors in silver and gold, then it failed..."by Ted Butler via Silver SeekThe big news this week was the filing of charges and settlements for price manipulation and "spoofing" brought by the CFTC, in conjunction with the DOJ and FBI, against three banks and a half dozen individual traders; most...Read More