• Gold: 1,562.88 0.40
  • Silver: 17.79 0.00
  • Euro: 1.106 0.000
  • USDX: 97.673 0.173
  • Oil: 55.66 -0.54

What the Rally in Gold Means for Silver Prices (...

Bloomberg: In this edition of "Charting Futures," Interactive Brokers Chief Strategist Steve Sosnick examines the rally in precious metals with Bloomberg's Abigail Doolittle on "Bloomberg Markets: The Close." (Source: Bloomberg)

Silver Price Update - Don't think rally is...

Silver price technical update. 200 DMA will hold, $16.33. Sustained move coming. If we can close near the weekly highs today..

Silver prices book largest daily rise in 3 years...

A recent report from Sprott Asset Management contributor Paul Wong, tracking gold and silver trading in July, notes that buying of those precious metals has spread to individual investors. “We are now just starting to see gold buying broaden out to retail, individual investor level. By all historical measures, we should see silver play a phenomenal catch-up trade to gold in the next few months,” he wrote.

As gold and silver catch fire, what's...

Ordinarily it would seem that circumstances are hugely favorable to gold and silver. But if governments lose on the market-rigging front, they can always become more openly totalitarian -- confiscating gold or outlawing private possession of monetary gold, imposing windfall profits taxes on capital gains in gold, raising royalty requirements on gold-mining companies to prohibitive levels, and so forth. So even as we all may hope for the best -- free and transparent markets, and limited and accountable government -- your secretary/treasurer's only prediction is borrowed from Orwell's "1984": "If you want a vision of the future, imagine a boot stamping on a human face, forever." To prevent that is another reason to press on in the morning.

Silver Prices – The Next Five Years

Silver prices move higher as population adjusted national debt increases. (Dollar devaluation drives all prices higher.)Silver prices move higher and lower with crude oil, another commodity. Silver prices move opposite to the S&P 500 Index. (Investor preference for commodities versus paper assets.) The model weighs and combines these macroeconomic variables to produce a “calculated silver price.” Call it a “fair value” price.

Why The Coming Silver Rally Might Be The Greatest

n the last one hundred years there have been some great silver rallies. Some have been greater than others though. The economic conditions underlining the different silver rallies were not all the same. Obviously those that occurred during conditions most conducive to silver rallies were the great performers. The coming silver rally could be the greatest especially since it potentially has most conditions in common with the great silver rallies.

Two sectors with mind boggling potential over the...

While I think we are entering an inflationary phase and during an inflation everything tends to go up together (at least during the initial and middle phase of the inflation) there are two sectors in particular that I think have absolutely mind boggling potential over the next 5-10 years. Silver maybe more than anything is a time bomb waiting to explode. You rarely get a prettier (and longer) basing phase than this one..

Goldfinger, Silver and Gold

As of July 5, the gold to silver ratio stood at 93, the highest since 1993. This ratio is not a precise timing indicator, but high ratios have always indicated major bottoms in both metals. While low silver prices anger some investors, the wise are buying. The stock market since 2009 has rallied based on near-zero interest rates, huge stock buybacks benefiting management, media hype, and trillions of new corporate, government and individual debt. It might rally further, but a risk to reward analysis suggests a high risk and low potential reward for the over-valued stock market in 2019. Silver is in the opposite position. Prices have fallen for eight years and built a five-year base. Expect much higher prices in late 2019 and 2020.

Silver Seeks to Catch Up With Gold

The best performing metal this week was silver, up 6.40 percent on perhaps a paradigm shift as the investors poured $133 million into silver bullion ETFs on Wednesday, the single biggest inflow in six and a half years. The weekly Bloomberg survey of gold traders and analysts shows that most are bullish on the yellow metal as prices broke through a five-year high and touched $1,453 per ounce on Friday morning. Traders seem to be set on an interest rate cut from the Federal Reserve this month, which is helping gold, even as some better-than-expected economic data was released on Tuesday. Turkey, which often sells its gold, saw its reserves rise by $71 million this week compared to last.