Silver

I added some direct protection for my precious metals holdings in the form of ZSL. So, we have Dow, SPX and silver short… for now. Usually I stare in the crazy eyes of the silver bugs and I not only blink, I get sent running with tail between legs. Last time it was da bugz … Continue reading

  This essay is based on the Premium Update posted on July 9th, 2010 You read a lot recently about “double dip” and it does not refer to two scoops of ice cream, or to the Jerry Seinfeld episode when George takes a large tortilla chip, dips it into a bowl of dip, bites into … Continue reading

The bullish set up in silver (and gold) has turned insanely bullish. An astonishing amount of silver has been removed from the Comex warehouses over the past two weeks. Most of it from Scotia – who has unrefutedly been accused by many, including me, of operating a “fractional” bullion custodian operation – and from HSBC … Continue reading

Major mining indexes appear to be approaching a major breakout point fueled by the sweeping overhaul and takeover of banks.  Banks have been under pressure from a continuing recession, high unemployment, a weak housing market and now more government oversight and audits. This does not help a recovery process for housing or financials.  These are … Continue reading

The massive bull continuation pattern on silver bullion has a target of around $30-33, and gold could easily leap to $1700 while that occurs – Stewart Thomson, http://www.gracelandupdates.com/. Couldn’t have said it better myself.  I thought the silver bulls out there might enjoy this centerfold picture: Per my post on silver Friday, this techinical picture … Continue reading

It is not exactly groundbreaking analysis to say that whats good for Gold is generally good for Silver. As observers of the precious metals know, Silver tends to lag Gold but eventually catch up quickly. In the long-term sense, Silver is still a year or two behind Gold as Gold has broken above all resistance … Continue reading

Weiss Research Natural Resources Analyst Sean Brodrick expects the bull market for precious metals to run for “quite some time,” with gold hitting $1,450 /oz. by year-end and silver at $25 not long after….

It’s been an exciting week for traders as volatility levels are through the roof and the broad market is moving up and down like a yoyo. You cannot take your eyes off the screen if you have a large amount of money invested as you can quickly find yourself with a large profit or loss … Continue reading

With all the tedious micromanagement of the gold-silver ratio (GSR) that has gone on here, all the ‘talking in riddles’ and vague concepts, what is the actual meaning behind things? Damned if I know… I am going to leave the great questions to be answered by the great minds. Is this the end of the … Continue reading

Here’s the chart for the poor man’s gold, which is silver. I’m sure all the silver investors are disgusted on how the price of silver is reacting this week. It was at 19.80 last week and it was only 20 cents away from breaking the second hurdle at 20 dollars. When this week started, Hell … Continue reading

I say sorry because I realize it is out of style in the midst of manic impulsiveness to drag out the dour old fuddy duddy stuff yet again. But the GSR is not broken, therefore the deflationary impulse scenario is not broken. Prechter is not broken for that matter. Would-be bears must realize that these … Continue reading

There are numerous reasons both fundamental and technical as to why the precious metals complex will surge over the next 18 months. The sector’s surge will be reinforced by the lack of an obvious trend in most other markets. Gold, Silver and the mining stocks will surge while other markets languish. First let us look … Continue reading