Tag: silver prices

Effects of the U.S. Pulling out on the Iran Nuclear deal on Oil and Precious Metals

Effects of the U.S. Pulling out on the Iran Nuclear deal on Oil and Precious Metals

The Iran nuclear deal, formally known as the Joint Comprehensive Plan of Action, offered Tehran billions of dollars in sanctions relief in exchange for agreeing to stop its nuclear program. The deal laid out a lengthy process spanning over 15-25 years that would be supervised by an eight-member committee, including Iran, the United States of America, Britain, France, Germany, Russia, China and the European Union. The agreed-upon nuclear deal aimed at limiting Iran’s ability to produce a nuclear weapon, in exchange for the removal of various sanctions imposed on it internationally. This agreement signed in Geneva states that the P5+1 namely China, France, Russia, the United Kingdom, and the United […]

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David Morgan Exclusive: Gold and Silver at Breakout Point from 6-Year Downtrend

David Morgan Exclusive: Gold and Silver at Breakout Point from 6-Year Downtrend

Your browser does not support the podcast player element. DOWNLOAD MP3 Mike Gleason: It is my privilege now to welcome in our good friend David Morgan of The Morgan Report. David, it’s always a real pleasure to have you on with us and I’m especially excited to talk with you about some of the topics we’ve got on tap today. How are you? David Morgan: I’m doing well Mike, thank you very much. Mike Gleason: Well, as we begin here David, I want to talk to you about the danger of complacency because I think it’s a very appropriate topic for the times we’re in right now. To you and […]

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David Morgan Exclusive: Watch What Happens When Silver Hits $26…

David Morgan Exclusive: Watch What Happens When Silver Hits $26…

Mike Gleason: It is my privilege now to welcome in our good friend David Morgan of The Morgan Report. David, thanks so much for joining us. It’s great to have you on, as always. How are you doing so far here in 2017? David Morgan: I’m doing pretty good, Mike. It’s great to be on your show. Thank you very much. Mike Gleason: Well, as we begin here, David, we’re off to another solid start to the year in the precious metals markets. Things look quite similar today to where they did a year ago. We also saw some early momentum in 2016. So, what have been the key drivers, […]

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What in the World Happened to Gold and Silver Prices Last Week?

What in the World Happened to Gold and Silver Prices Last Week?

Gold and silver prices charged higher during the first 6 months of the year. They fell into a rut over the summer, and then hit the skids last Tuesday. Lots of bullion investors are wondering what in the world happened. There are three primary factors driving this price correction. The first is the strength in the U.S. dollar. The DXY index, which measures the dollar against other major world currencies, hit its highest levels since July. This surge, however, is not driven by safe-haven buying as it was immediately following Brexit. That sort of fear driven buying would almost certainly be boosting precious metals as well. Rather, investors are looking […]

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Silver: May the 100 Year Force Be With You!

Silver: May the 100 Year Force Be With You!

What force? Some of the “forces” in our world that are supportive of higher silver prices are: Debt Increases: Global debt exceeds $200 Trillion and rising rapidly. Warfare: Syria, Turkey, Russia, Ukraine, South China Sea, Chicago and others. It is a long list. Welfare: Bank bailouts, military contractors, Medicaid, food stamps, dozens of “programs” and so much more. Central bank “money printing:” Bank of Japan, European Central Bank, the Federal Reserve, Bank of England and others are doing what they do best – devaluing their currencies. The bubbles created in the bond, stock, and currency markets must be fed and supported. There is little doubt that the world is drowning […]

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Silver: Until Paper Currencies Stop Losing Value

Silver: Until Paper Currencies Stop Losing Value

Alasdair McLeod wrote an excellent article in which he said, “So if anyone asks you when you might take your profits in gold and silver, smile sweetly and just say, ‘When paper money stops losing its value.’” When will paper money stop losing its value? I submit that unbacked fiat paper money will, based on history, never stop losing value – as long as it is backed by dodgy sovereign debt issued by governments descending deeper into debt ever year. A viable alternative is currency backed by gold and silver, but even though precious metals have been used successfully as money for centuries, there is far more profit for TPTB […]

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Silver and Warnings from Exponential Markets

Silver and Warnings from Exponential Markets

Silver prices are currently low compared to global debt, CEO bonuses, government spending, official US national debt, the S&P 500 Index, silver prices in 2011, money in circulation, gold prices, military spending, pension underfunding, and the prices of college tuition and health care. Silver prices will increase substantially in the next five years.

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Silver Chart And Sentiment Show Potentially Very Sharp Rally

Silver Chart And Sentiment Show Potentially Very Sharp Rally

There is an extremely interesting development brewing in the silver market. Chances are high this will turn out bullish, although one should not exclude a bearish outcome. On the near term, two important indicators are flashing a potential key reversal, at least for the short and mid term. First, sentiment is at an important pivot point. Second, the long term chart seems to be accomplishing a multi year chart pattern. Let’s review both in this article.

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Is Copper About To Pull Silver Higher?

Is Copper About To Pull Silver Higher?

The combination of long term chart support (if it can hold of course) in both copper and silver, extreme silver short positions by technical funds, and relaxing of extreme copper short positions, could be a healthy mix for silver going forward. It is worth to following this up closely, but for now we consider this a positive for both metals.

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