RSSCategory: Articles: Gold Silver Prices

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 […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading

Are Silver and Gold ‘at the Flood’?

Are Silver and Gold ‘at the Flood’?

By David Smith, Money Metals Exchange There is a tide in the affairs of men… Thus, begins one of the most famous quotes ever uttered, taken from Shakespeare’s play, Julius Caesar. Brutus, talking to Cassius, says, “There is a tide in the affairs of men. Which taken at the flood, leads on to fortune…” A flood tide takes place at the very crest in the water’s height. Once the “tide turns,” there is no stopping its ebb until, much later, it reaches an extended, even a minus low. If you’re ashore in parts of Alaska, where a tide can run 20 feet, not embarking “at the flood” and waiting until […]

Continue Reading

PRESS RELEASE: Idaho House Votes Overwhelmingly to Remove Income Taxation from Gold & Silver

FOR IMMEDIATE RELEASE Idaho House Votes Overwhelmingly to Remove Income Taxation from Gold & Silver Boise, Idaho (February 12, 2018) – The Idaho State House today overwhelming approved a bill which helps restore constitutional, sound money in the Gem State. State representatives voted 60-9 to pass House Bill 449 sending the measure introduced by House Majority Leader Mike Moyle and Senate Assistant Majority Leader Steve Vick to the Senate for a hearing in the Local Government and Taxation Committee. Backed by the Sound Money Defense League, Idaho Freedom Foundation, and Money Metals Exchange, HB 449 is a tax-neutral bill which excludes gains and/or losses on the sale of precious metals coins and bullion from […]

Continue Reading

Alert: Gold Breaks Out to New 2017 High

Alert: Gold Breaks Out to New 2017 High

Gold’s naysayers and doubters came out in full force earlier this summer as sentiment reached its nadir. The mid-year pullback in prices did, too. There can be no doubt about it now – gold has broken out of its summer doldrums. On Monday, the yellow metal finally broke through the longstanding $1,300/oz resistance zone to make a new high for the year at $1,316. Assuming the breakout holds, the next upside target is $1,375/oz, the high point for 2016. There are plenty of bullish factors behind gold’s recent upside momentum to continue pushing prices higher in the days and weeks ahead. The gold mining stocks are starting to show relative […]

Continue Reading

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 […]

Continue Reading

Investor Optimism toward Washington’s Problem-Solving Abilities Is Misplaced

Investor Optimism toward Washington’s Problem-Solving Abilities Is Misplaced

The bullion markets offer their own commentary about conservatives’ state of mind since Donald Trump’s election. They are optimistic for the first time in years. Just look at the sales statistics from the U.S. Mint. Bullion. Coin sales have fallen sharply as investors see less reason to seek safe haven in the form of physical metal. During Obama’s presidency, and during the campaign when it looked as if Hillary might succeed him, conservatives and libertarians aggressively bought American Eagle coins and other bullion products. The mint set new sales records nearly every year. The mindset that drove the retail buying changed in November. Consider the February sales figures. Sales of […]

Continue Reading