RSSCategory: Articles: Gold Silver Prices

Silver’s Three Legged Bull-Run Stool

Silver’s Three Legged Bull-Run Stool

A case can be made that silver’s current price “stability” – believed by many to be well below where it “should” be – is the result of at least three interlocking factors. There are certainly other considerations, but the following seem especially relevant today… Our chosen metaphor is the three-legged stool. Take one leg away, and the stool topples. In the case of silver, the outcome is likely to be a violent price rise of epic proportions. 1. Draining the Silver Trading Swamp In recent months, a series of criminal charges and admissions among banks, trading houses and their employees have begun to expose unfair and/or illegal trading practices. They […]

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GATA’s Powell: Attacks on Gold & Silver Prices Are Losing Their Impact

GATA’s Powell: Attacks on Gold & Silver Prices Are Losing Their Impact

Mike Gleason: It is my privilege now to welcome in Chris Powell, Secretary-Treasurer at the Gold Anti-Trust Action Committee, also known as GATA. Chris is a long time journalist and hard money advocate, and through his tireless efforts at GATA, he is working to expose the manipulation of the gold and silver markets. Through GATA’s work over the years, some important revelations have come to light which quite honestly should concern everyone. It’s great to have him back on with us. Chris, thanks for the time again today, and welcome. Chris Powell: Oh, thanks as always for your interest, Mike. Mike Gleason: Well, Chris, we think some people owe you and GATA an apology. […]

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Craig Hemke: Ignore the Elliott Wave “Buffoons” Calling for a Gold Crash

Craig Hemke: Ignore the Elliott Wave “Buffoons” Calling for a Gold Crash

Mike Gleason: It is my privilege now to welcome back Craig Hemke of the TF Metals Report. Craig is a well-known name in the metals industry and runs one of the most highly respected websites in our space and provides some of the very best analysis on banking schemes, the flaws of Keynesian economics, and evidence of manipulation in the gold and silver markets that you will find anywhere. Craig, welcome back, and thanks for joining us again. How are you today? Craig Hemke: Mike, my friend, it’s always a pleasure. Thanks for the invite. Mike Gleason: Absolutely. Love to get you back on and thanks for the time. Well, the recent smash in […]

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Yes, Gold “Just Sits There” and That’s Quite a Feat

Yes, Gold “Just Sits There” and That’s Quite a Feat

The Wall Street Journal’s Jason Zweig famously referred to gold as a “Pet Rock” in 2015. He was blasted by people who understand that gold is no passing fad, and it serves some very important roles in an investment portfolio. The valuable roles played by gold have been well covered here. It’s a hedge against both inflation and deflation, it represents true diversification for portfolios stuffed with conventional securities, and it is a way of protecting wealth during tumultuous times. But Jason Zweig, Warren Buffett and other notable gold critics who complain about the metal “just sitting there” fail to understand the flaw in their basic assertion. What they believe to be a potent […]

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Frank Holmes: Negative Real Interest Rates to Send Gold Soaring

Frank Holmes: Negative Real Interest Rates to Send Gold Soaring

Mike Gleason: It is my privilege now to welcome in Frank Holmes, CEO and chief investment officer at US Global Investors. Mr. Holmes has received various honors over the years, including being named America’s Best Fund Manager by the Mining Journal. He’s also the co-author of the book The Goldwatcher: Demystifying Gold Investing, and is a regular guest on CNBC, Bloomberg, Fox Business, and also right here on the Money Metals podcast. Frank, welcome back and thanks for joining us again today. How are you? Frank Holmes: I’m great. And it’s wonderful to be back and see the gold markets have a new life and vibrancy to it. Mike Gleason: Yeah, certainly a lot […]

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It’s Time to Get Serious about Silver

It’s Time to Get Serious about Silver

The World Silver Survey 2019 Review, the institute’s annual World Silver Survey said that global silver demand hit a three-year high in 2018, surpassing more than one billion ounces, an increase of 4% from 2017. At the same time, global silver mine production fell for the third straight year, dropping 2% in 2018 to 855.7 million ounces. The top 10 silver producing countries are: Peru, Bolivia, Australia, Argentina, Mexico, Chile, Poland, China, Russia and Guatemala. And get this… in every one of these countries, silver production has been falling for the last 4 consecutive years! Supply from scrap sources is at a 20-year low. Silver fabrication (manufacturing) demand is just below record levels. Silver […]

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Fool’s Silver: Why Most “Silver Miners” Don’t Live Up to Their Name

Fool’s Silver: Why Most “Silver Miners” Don’t Live Up to Their Name

If you buy shares in a silver mining company, you will have to assume additional market risks compared to ownership of silver bullion. You may wish to do so in order to potentially gain leveraged exposure to silver prices. What you may not realize, however, is that most of the publicly traded “silver” stocks out there are primarily in the business of mining other metals – sometimes gold, often copper, zinc, lead, and other base metals. Consider Pan American Silver (NYSE:PAAS), a $3.6 billion company that makes up the largest weighting (13.5%) in the Global X Silver Miners ETF (NYSE:SIL). While Pan American is indeed a producer of silver, its […]

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David Morgan: “This is the real move in gold and silver… it’s going to be multiyear.”

David Morgan: “This is the real move in gold and silver… it’s going to be multiyear.”

Mike Gleason: It is my privilege now to welcome back our good friend David Morgan of The Morgan Report. David, it’s always good to have you on and appreciate you joining us today. How are you, sir? David Morgan: Mike, I’m doing all right and it’s good to be with you. Mike Gleason: Well, David, I know we don’t have a whole lot of time today, but I’m really glad we’re able to speak to you this week because we’re finally seeing some real fireworks here in the metals lately. And I wanted to get your comments. I should mention that we’re talking here on Thursday morning and we’ve got […]

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Precious Metals Soar on Falling Yields, Currency Turmoil

Precious Metals Soar on Falling Yields, Currency Turmoil

What a wild week it’s been for investors. The threat of global trade wars and currency wars sparked big swings across all major asset classes.  Bond yields dove toward historic lows.  Stocks plunged earlier in the week before rebounding sharply by Thursday.  And precious metals rode a huge safe-haven wave higher. Gold prices eclipsed the $1,500 level on Wednesday for the first time in over six years. Meanwhile, silver pushed above $17 an ounce to record a one-year high. Both metals are up over 4% for the week. The money metals are becoming increasingly attractive as President Donald Trump ramps up his battles against China abroad and the Federal Reserve […]

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Craig Hemke: Silver to Continue Lagging Gold, Will Struggle to Overcome $17

Craig Hemke: Silver to Continue Lagging Gold, Will Struggle to Overcome $17

Mike Gleason: It is my privilege now to welcome in Craig Hemke of the TF Metals Report. Craig is a well-known name in the metals industry, and runs one of the most highly-respected websites in our space, and provides some of the best analysis on the banking schemes, the flaws of Keynesian economics, and evidence of manipulation in the gold and silver markets that you will find anywhere. Craig, welcome back and thanks for joining us. How are you today? Craig Hemke: Mike, Happy Pet Rock Day. As we record this it’s July 17th, that is the four year anniversary of the infamous article written by Jason Zweig of the […]

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David Smith: Silver Has Already Gone from Weak to Strong Hands

David Smith: Silver Has Already Gone from Weak to  Strong Hands

Artwork for Fed Chair Powell and “Systemically Important” Banks Nervous about Gold MONEY METALS’ WEEKLY MARKET WRAP PODCAST Fed Chair Powell and “Systemically Important” Banks Nervous about Gold 30 00:00:00 / 00:25:11 30 Subscribe to This Show Download This Episode Embed This Player Share This Episode Mike Gleason: It is my privilege now to welcome back David Smith, Senior Analyst at The Morgan Report and regular contributor to MoneyMetals.com. David, thanks for coming on again and how are you, my friend? David Smith: Oh, very good. It’s great to be back again. Mike Gleason: Well, David, as we start out today, and before we get into silver and what’s going on with the white metal, let’s […]

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Mining Stocks Flash Powerful Signal for Gold and Silver Markets

Mining Stocks Flash Powerful Signal for Gold and Silver Markets

The second half of the year is setting up favorably for the precious metals sector, which was led in the first half by gold and gold mining stocks. Of course, the Wall Street-beholden financial media is largely ignoring metals and mining – preferring instead to give celebratory coverage to every move toward new highs in the Dow and S&P 500. “The Dow Jones Industrial Average rallied 7.2% this month [June], notching its best June performance since 1938,” CNBC reported. “The S&P 500 posted its best first half of a year since 1997, soaring 17.3% and reaching an all-time high.” That’s all well and good for conventional index investors. But they are missing […]

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Silver Market Alert: Powerful Bullish Setup Takes Shape

Silver Market Alert: Powerful Bullish Setup Takes Shape

The silver market appears to be setting up for a big move. After spending this spring stair-stepping lower in a narrowing range, silver prices have formed a falling wedge pattern. That pattern usually resolves in a powerful directional breakout. The good news for bulls is that falling wedges usually break out to the upside. Commercial hedgers and bullion banks (i.e., “smart money”) in the silver futures market have significantly trimmed their short positions over the past couple weeks – a bullish development. While their net positioning isn’t yet at an extreme, it is more favorable than not for a price rally to commence in the near future. Of course, neither futures traders […]

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Silver Sentiment: Is It (Your) Friend or Foe?

Silver Sentiment: Is It (Your) Friend or Foe?

The gold and silver bull markets have been on a roller coaster ride for almost two decades. Gold came to life in 2000, with silver crawling along between $4 and $5 until late 2003, making its first print above $10 in March 2006. The next two years saw the last part of a 400% up-move for those who “kept the faith,” before silver dropped below $9 during the 2008 global financial meltdown. Then it was up, up and away, as silver rocketed to nearly $50 by April 2011. By then, “everyone knew” it was going to $100. A blogger announced he had sold his house to buy silver and advised […]

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