"...2023 is going to be a good year for metals."by David Morgan of The Morgan ReportAs the year comes to a close, it's a good time to take a look at the year end numbers in the precious metals market. This quick overview will provide a summary of the key trends in the gold, silver, and other precious metals markets in 2022.Given the state of the economy and the FED policies, we think 2023 is going...Read More
"Silver has turned down for 2 days in a row. What's worse is that it is in a..."by David Brady via Sprott MoneyWhile correlations between different asset classes come and go, there are those that are durable and stand the test of time. Such are the inverse correlations between both real yields and the dollar with respect to Gold. Focusing on the dollar, it tends to move inversely to Gold more ofte...Read More
Many silverbugs are enjoying 20% gains in 2022, but more importantly...(by Half Dollar) Happy New Year!Many silverbugs are enjoying 20% gains in 2022, but more importantly, they've got silver to show for it:Now sure, I'm cherry picking the data points and assuming one actually purchased silver for $20 or less, which I and many others did, and I'm also assuming the ersatz dollar-price ends 2022 at...Read More
New speculators going long are also adding to the silver shorts' misery...by Harvey Organ of Harvey Organ Blog//GOLD PRICE UP $27.05 TO $1815.60//SILVER IS UP A FULL $1.05 TO $24.05//PLATINUM IS UP 26.75 TO $1012.45/PALLADIUM IS UP $62.60 TO $1739.65//JAPAN FINALLY EXPANDS ITS YIELD CURVE AND WILL BUY UP TO 9 TRILLION YEN JAPANESE BONDS PER MONTH//THAT SET OF A FRENZY IN THE PRECIOUS METALS MARKET...Read More
An update on the event happening December 27, 2022...Andrew Maguire on Kinesis MoneyIn this week's Live from the Vault, Andrew Maguire takes a glimpse into the smoke and mirrors world of the 'LBMA cartel', after allegations of global silver price fixing playing right into the hands of member banks.The London wholesaler provides an update on the 27th December BIS Options expiry position, revealing...Read More
Is that too much to ask for? (by Half Dollar) Merry Christmas!All I want for Christmas is the biggest silver price smash in history.Is that too much to ask for?I mean, I haven't sold any silver this year, and I did make one purchase.In fact, I purchased a relative crapton of silver on July 5th, 2022, at the price of $19.86 per ounce, which included the premium I paid:I would like to buy more, howe...Read More
And a new issue which may have deleterious effects on silver imports to the USA...by Harvey Organ of Harvey Organ BlogFOMC//GOLD CLOSED DOWN $6.20 TO $1807.40//SILVER WAS STRONG AGAIN RISING BY 7 CENTS TO $23.85//PLATINUM WAS DOWN $4.40 TO $1031.85//PALLADIUM WAS DOWN $17.05 TO $1918.35// SOCIAL UNREST IN PERU MAY HAVE A DELETERIOUS EFFECT ON EXPORTS TO THE USA, NAMELY FRUIT AND SILVERGOLD PRICE C...Read More
There's a move to cover the silver market shorts, so as not to be left holding the 'hot potato' when this all starts to unravel...Vince Lanci with Chris Marcus of Arcadia EconomicsZoltanPoszar recently wrote about the possibility of Russia responding to the G7 oil price cap by selling its oil for gold. Which is far from a done deal, but not entirely outside of the trend we've seen with a growing l...Read More
The Fed has raised interest rates, and gold & silver...(by Half Dollar) The Fed has officially just concluded its most recent 2-day FOMC meeting.Here's the Fed's statement, posted in its entirety (bold added for emphasis and commentary):Recent indicators point to modest growth in spending and production. Job gains have been robust in recent months, and the unemployment rate has remained low. Infla...Read More
A shocker... by Steve St Angelo of SRSrocco ReportThe U.S. government just released its November Treasury Statement with a shocker that the Debt-Service Interest Expense surged 50% in the first two months. This is a great deal of money when it equals nearly the same value for World Transparent Silver Holdings.So, how much did the U.S. Interest Expense increase in the first two months of fiscal 20...Read More
"Silver is in a big bull market...a stealth bull market. Nobody's talking about it."...by Peter Schiff of Peter Schiff PodcastBad News on Inflation Should Not Be a Surprise 2023 will see a new high-water mark in producer prices. Declining Coinbase stock is an ominous sign for crypto market. Kevin O'Leary is culpable in the FTX scam. Americans on the hook for Teamsters pensions.FULL SHOW NOTES...Read More
Gold, Silver, and the miners may have one more higher high or have already peaked, but we're getting a...by David Brady via Sprott MoneyShort and sweet this week. We have the PPI on tap tomorrow (writing this on Thursday), the CPI on Monday [EDITOR'S NOTE: the CPI on Tuesday], and the FOMC on Wednesday.If the PPI and/or the CPI come in higher than expected, the pullbacks in metals and miners will...Read More
Which Market Participants will be jumping for joy?(by Half Dollar) Depending on what price one uses at the metric, silver is now basically "unch" or slightly positive on the year.While there are still many trading days left to close out 2022, this week could prove to be especially explosive in the markets.That is to say, the Fed concludes its most recent 2-day FOMC Meeting this Wednesday, December...Read More
Huge changes in silver inventory in the past three weeks...by Harvey Organ of Harvey Organ Blog//GOLD PRICE UP $4.05 TO $1789.55//SILVER IS UP 34 CENTS TO $23.09//PLATINUM CLOSED AT $1010.30//PALLADIUM CLOSED AT $1937.25//UK FACING FOOD SHORTAGES//MASS RIOTS IN EUROPE AFTER MOROCCO'S SOCCER VICTORY IN THE WORLD CUP//USA JOBLESS CLAIMS SKYROCKETS//GLAD TO BE BACK!!//NOW BRINGING TO YOU THE FULL REP...Read More
"...definitely now is the time to buy your silver...the banks are crashing as we speak..."by Bix Weir of Road to Roota99% of Silver Investors...including the "Professional Commodity Analysts & Brokers" are saying that Silver will rise over 50% in 2023! HA! When the general public starts to buy silver they will quickly find out that Silver has turned into "Unobtainium!"...meaning they are shit out...Read More
If it's a given that silver will skyrocket when the Fed pivots, yet if silver is already over 36% higher from just a couple of months ago, then...(by Half Dollar) How exactly is the Fed going to "pivot" when silver is up over 36% recently?You see, some inflation indicators are not like the others, and silver is totally different. In fact, silver is the one thing that governments and central banks...Read More
Nothing goes up in a straight line...by David Brady via Sprott MoneyFed Chair Powell said a lot of things today. It was the most verbose speech I've heard from him. He said something for everyone, and my simple summary is as follows: Powell confirmed that interest rates will continue to rise but at a slower pace, starting with 50 basis points in December. This confirmed the pivot back on November...Read More
Is 2023 the year where we finally see a higher silver price?by Chris Marcus of Arcadia EconomicsA few weeks ago we hosted SilverFest III, where in the final 'ask the experts' panel, one of the topics that came up is how long the current pricing environment can be maintained, and whether 2023 is the year where we finally see a higher silver price.I was joined by Craig Hemke, Dave Kranzler, James An...Read More
What's going on behind silver's lack of...by David Morgan of The Morgan ReportThe 'Crypto Conspiracy' & What's Really Happening with Silver | https://www.themorganreport.comBack on the Daily Dive is David Morgan from The Morgan Report. Today, we sit with David to talk about his take on what's going on in the crypto space, including his thoughts on FTX and SBF, as well as his concerns about Tether...Read More
Speculators will be left tricked with undeliverable short positions, waking up into what will likely be a...Latifa Alkhanjary via KinesisIn this week's episode of Live from the Vault, Andrew Maguire underlines the inevitable paper market unwinding following Basel III compliance, as the COMEX is forced to compete with an increasingly global physical marketplace.The London wholesaler exposes the spe...Read More