Here are two charts of our silver producer index, which contains 14 silver stocks and is partially weighted. The index includes household names such as Silver Wheaton, Pan American, Hecla, Couer D’Alene as well as various junior producers. The first chart dates back more than 13 years. The blue line is the 80-week moving average. … Continue reading “Silver Producer Index Update”

The TDG Silver Producer index recently hit multi-month resistance and has since declined. Weekly 1-year chart: Chart going back to the 2011 peak: Analysis of these charts is available for premium subscribers in regular premium updates. Consider a premium subscription. 

This post includes charts of our silver producers index which contains 14 silver producers and is partially weighted by market cap. A few weeks ago, volume (smoothed) hit a 5-year low as the index was trying to make a new low. Note how the index was supported by a 13-year trendline.   A closer look … Continue reading “Silver Producers Index Update”

For awhile now, I have maintained that Gold and Silver could make a lower low and create a fabulous buying opportunity (and possibly a final low)….

TDG Silver Producers index contains 13 silver producing companies. The index is partially weighted towards market cap. Click the image to enlarge.

Andrew Chanin, co-founder & COO of Pure Funds, discusses their ETF which invests in junior silver companies. The interview was recorded last weekend.  

Amazingly, if you line up Silver’s performance from its 1971 low to 1980 high with Silver’s performance since its 2008 bottom, you’ll notice….

Silver Prices Consolidate after Large Price Slide Silver prices have consolidated after declining significantly over the past 10 weeks.  After gaining traction in the early part of January, prices moved lower declining more than 15% over a 2.5 month period.  Strength in the US dollar and the perception that the Federal Reserve could be at … Continue reading “Silver Prices Consolidate after Large Price Slide”

Last Friday night (European time, 8 February) the Bank Participation Report for 5 February was released. This showed that US banks reduced their net short gold position by 12,886 contracts over the month of January, while non-US banks increased theirs by 2,887 contracts. This is evidence that the US banking community is aggressively closing its … Continue reading “Spike in Banks’ Net Short Silver position”

Our silver growth producer index contains 10 silver producers we deem as “growth-oriented” companies. As you can see the short-term price action is quite similar to GDX. The index will likely test the blue line. Will we see a major long-term double bottom? We reiterate that index has the potential for a super bullish cup … Continue reading “Technical Update on our Silver Stock Index”