• Gold: 1,466.42 -4.13
  • Silver: 16.96 -0.05
  • Euro: 1.103 0.000
  • USDX: 98.143 -0.005
  • Oil: 57.08 0.19

Admission of Conspiracy, Guilt and Collusion

Having long been a researcher of the gold and silver markets I have become familiar with the labels, “conspiracy theorist”, “gold bug”, “tin foil hat” and a host of others – less flattering. Over the years I have listened to a host mainstream economic commentators incredulously lament, “gold bugs actually believe that people meet – in rooms - and conspire to suppress the price of precious metals”. These same mainstream economic commentators frequently scoff, “if such activities were actually being undertaken, surely someone from “officialdom” would go rogue and out the perpetrators. They frequently cite the lack of such “outings” as concrete evidence that market manipulations on the part of or complicity with regulators as being “hearsay” or the product of delusionals. Well ladies and gentlemen; conspiracy theorists are deluded no more.

2020: Year Of The Silver Metal Rat

I don’t expect a major rise in inflation in 2020, but I think institutional money managers will show enough concern about it to make silver and the miners of this awesome metal the world’s top performing asset in 2020, the year of the metal rat!

Silver Eyes Fourth Quarter Rebound

We will be watching the gold:silver ratio closely during days when precious metals markets rally for confirmation that silver is leading. In a healthy bull market for the metals, silver leads on both the upside and the downside – both rallying and declining more sharply than gold.

Ted Butler: JP Morgan Precious Metals Traders...

Last week the Department of Justice not only charged several JP Morgan traders with manipulating the market, but even invoked the RICO act, which is traditionally reserved for organized crime cases. Of course for those who have been following Ted Butler’s research in recent years, the news hardly comes as a surprise. Although it does certainly add a new volatile element into the equation, which Ted was kind enough to join me on the show and discuss.

Silver/Gold Ratio Is a Guide As Inflation Signals...

The interplay between gold and silver is a critical component to understanding what is out ahead; to understanding whether long-term Treasury yields will rise and if they rise, whether it will be due to inflationary pressures. It is a critical component to understanding whether cyclical commodities and other aspects of a greater inflation/reflation trade will finally break existing downtrends. See…

Silver and Gold Into Year End

Back in January, we predicted that in 2019 the precious metals would see their best annual gains since 2010...and so far, they have! So now the question becomes: will the metals hold these gains and extend or will they fall back in the fourth quarter?

Silver and the Yield Curve Inversion

Yield curve inversions have historically been great for silver prices. Currently we are experiencing such a phenomena, and again it is evidence of conditions that are conducive to some impressive silver rallies. Below, is a long-term chart showing the spread between the 10-year Treasure Note Yield and the 3-month Treasury Bill Rate.

Why Are People Now Selling Their Silver?

Was the attack on Saudi oil foreseen by market participants over a month ago? We doubt it (though we don’t know). But what seems clear is that the marginal market participant sees rising risks to be in the dollar, and is choosing to own metal. And at the current gold-silver ratio, the choice at the margin has been to hold silver. In addition to the growing risks of the irredeemable currencies, there is the problem of negative interest rates. Savers may be disenfranchised—i.e. unable to affect the interest rate—but they can dump the paper altogether in exchange for gold and silver.

Silver Update: Due for a bounce (video update)

These (silver) moves go down usually as fast as they go up. But now silver is getting ready for a bounce: