Formulating a Trend ForecastThe long-term picture is of the Silver price being stuck in a trading range of between $21 and $14 pending a breakout higher with the current resistance at $15.25. Then resistance at $16,25, $18.50 and finally $21.The silver price only really tends to come alive during a monetary crisis of sorts be it financial or inflation, stock market panic etc. So is there a crisis...Read More

Last weekend, the important point of note was that silver had basically run out of room.It had a series of 1’s and 2’s set up for it to “melt up,” but it had to do so rather soon.Well, this past week, I would say that silver finally followed through and it took it directly to the level at which I noted on the chart was our next major resistance level. In fact, we were almos...Read More

It’s not true that yesterday’s session in precious metals was uneventful. While gold and mining stocks didn’t do much, silver moved a bit above its previous high, closing at a fresh 2019 high. Sounds pretty remarkable, doesn’t it? In today’s analysis, we’ll put silver’s breakout into proper perspective and examine if the white metal has much more room to r...Read More

I have always secretly wanted to work at aprecious metals bullion dealer. I love gold. And silver and platinum. I lovethem philosophically, and I also just like shiny rocks.But if you think about it,trading metals is a really weird business.Say you are bullish on silver and want tospeculate on it, thinking it will appreciate in price. You can buy the ETF,yes, or you can buy silver miners, but...Read More

Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 311,88160,63156,198175,785463,624543,864580,453 Change from Prior Reporting Period 2,346-3,4037,764010,43110,11014,792 Traders 22064915963316189 Small Speculators LongShortOpen Interest 72,99536,406616,859 4,84916714,959 non reportable positionsChange fro...Read More

Dear Friend of GATA and Gold:Today the European Central Bank announced the expiration without replacement of the latest central bank gold agreement. The ECB's announcement is appended.What does it mean?The announcement attributes the decision to let the agreement expire to the gold market's having become "mature," but how did the gold market suddenly "mature" when, upon the signing of the first...Read More

Daniel R. Amerman If there is a recession in the next one to two years, there is also likely to be another bear market for stocks. Based on their experience over their lifetimes, many investors are expecting a "normal" bear market in that event, perhaps in the 20% to 25% range in terms of losses.However, we are not in normal times, and we have seen a fundamental change in stock valuations over...Read More

After claiming to be the greatest at just about everything, Donald Trump has finally found an area where he can stake a credible claim. By negotiating a disastrous budget deal with Democrats, the President could become the greatest creator of government debt in the history of the country. While Trump is selling the two-year deal as a major victory because it increases military spending and remov...Read More

Gary ChristensonIndividuals dream about winning the lottery, stock market profits, reducing debt, earning more income, attractive sex partners, and tasty food. But our dreams can turn into nightmares filled with inflation ghosts and monsters.The derivative monster is a destroyer. Deutsche Bank stock closed at $6.76 on June 7, 2019, down from over $100 in 2007. A repeat of 2007 is possible. Price...Read More

By: Avi GilburtLast weekend, the important point of note was that silver had basically run out of room. It had a series of 1's and 2's set up for it to "melt up," but it had to do so rather soon. Well, this past week, I would say that silver finally followed through and it took it directly to the level at which I noted on the chart was our next major resistance level. In fact, we were almost...Read More

SD Friday Wrap: The fog is clearing, and now we can see what silver's been up to, and more importantly, preparing for...This week had a little bit of it all when it came to the negative outlook for silver.Let's review.The anti-gold propaganda came as expected:Here's a Bloomberg anti-gold headline for the HFT algos:You see, if the debt-based fiat currency Japanese yen is more attractive than gold,...Read More

"These are not pleasant times for anyone who refuses to jump on the bullish bandwagon..."by Przemyslaw Radomski via Sunshine ProfitsIt's not true that yesterday's session in precious metals was uneventful. While gold and mining stocks didn't do much, silver moved a bit above its previous high, closing at a fresh 2019 high. Sounds pretty remarkable, doesn't it? In today's analysis, we'll put silver...Read More

Over the past few years, there's been rampant speculation as to whether the silver market is manipulated, but we can now remove all doubt...by Chris Marcus via Arcadia EconomicsSilver Manipulation Confirmed: 2008 Price Plunge From $21 to $9 ExplainedOver the past few years there's been rampant speculation as to whether the silver market is manipulated. Finally, I believe it's safe to say that we c...Read More

Quality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumThe holes, part of a campaign to expand and infill resources, returned highlights of 610.2m grading 0.84% copper, 1.02 grams per tonne of gold and 10.28g/t of silver for 1.66% copper equivalent essentially from surface, its longest intercept to date of >1.5% copper equivalent mineralisation.This sent its stock (T...Read More

With little changed in the big picture, markets continue to oscillate while they consolidate - US and European equity indices were lower on Thursday July 25 and most Asian equities were weaker this morning. London Metal Exchange lead price remains directional, other base metals are working sideways. US second-quarter GDP data out on Friday likely to set the tone.Base metalsVolume on the LME r...Read More

U.S. equity index futures moved higher this morning. S&P 500 futures were up 5 points in pre-opening trade.Index futures were virtually unchanged following release of U.S. second quarter real GDP at 8:30 AM EDT. Consensus is growth at a 2.0% rate versus growth at a 3.1% rate in the first quarter. Actual was growth at a 2.1% rate,Amazon dropped $21.32 to $1953.50 after reporting lower than cons...Read More

I don't remember exactly how old I was, but it was either late single digits or early doubles.I was looking through the local newspaper and saw a big, bold ad. Or maybe my parents showed it to me... I can't remember that part either.What I do remember is what the ad said, and how exciting it was to me at the time: Topps, the famous baseball card and candy company, was looking for taste testers. Mo...Read More

As the global demand for base metals grows, mining companies are on the hunt for new deposits that they can develop into operating mines. Here are eight companies with significant projects in the space.GROUP ELEVEN RESOURCESAn inactive drill at Group Eleven Resources' 60%-owned Ballinalack zinc-lead project in the Republic of Ireland. Photo by The Northern Miner.Formed in 2015, Group Eleven Reso...Read More

Vancouver-based junior Pure Gold Mining (TSXV: PGM, LON: PUR) has raised $47.5 million that will go a long way to push forward its flagship Madsen gold project in Red Lake, Ontario."This will be the equity component of a project financing package," says Darin Labrenz, Pure Gold's president and CEO, in an interview with The Northern Miner."We had an opportunity with the rising gold market and inter...Read More

Thickened tailings deposition for closureSPONSOREDsrk consultingAustralian Vanadium targets growing energy-storage and steel marketsSPONSOREDaustralian vanadiumSaturn's high-grade discovery gives Apollo Hill a rocketSPONSOREDsaturn metalsLake Resources prepares to make a splash in lithium SPONSOREDlake resourcesClearly, the recovery is a work in progress. And that's owing to complex developmen...Read More