In November of 2015 when silver was bottoming, we all had to endure 15 consecutive days of pure disgust: 2016 was not quite as bad, but not any easier: Which brings us to November 2017: Notice the theme here. Silver…
It’s nice to see a volume spike on the bid side for a change: We have been saying for weeks now, and probably sound like a broken record, that sooner or later the open interest has to come down. There…
Both gold and silver ended last week with bad omens. Let’s look at those omens as it pertains to the problem the cartel has had for months: Open Interest In silver, open interest needs to come down: If it comes…
The fundamental news is nothing short of complete and total uncertainty. A month after the worst mass shooting in U.S. history, we had the worst mass shooting in a church in U.S. history. On top of the worsening domestic situation,…
The fundamental news is nothing short of complete and total uncertainty. A month after the worst mass shooting in U.S. history, we had the worst mass shooting in a church in U.S. history. On top of the worsening domestic situation,…
On the fundamental side, today could be a very big day. Is the house going to release their tax plan today? What is the Fed going to put in its FOMC statement due to hit the tape at 2:00 p.m.…
For that last minute gold idea, we can start out with the unisex options: You can never go wrong as a kilobar: Or the gold ingot bucket sponsored by the cleanest bank in town: For the Goldfellas out there:…
Fundamentally speaking, this is one week is perfect for anybody looking to smash the prices of gold & silver. By Wednesday, we will have the closed door FOMC with no press conference. There will be a statement release at 2:00…
Fundamentally speaking, this is one week is perfect for anybody looking to smash the prices of gold & silver. By Wednesday, we will have the closed door FOMC with no press conference. There will be a statement release at 2:00…
We have a nice pop in the pre-market today, Wednesday Oct 25th: There’s good volume on that price rise too. Since opening on Sunday night, the silver price is down slightly: As is the gold price: Of course, we could…
Gold is returning to bullish ways in October as the weak dollar, geopolitical tensions, and an uncertain rate hike environment continues to provide tailwinds. Better-than-expected September jobs report had increased the bullish sentiment on the possibility of a rate hike…
Some have said the volume in silver is not supportive of further price rises, but volume picked up noticeably this week: And when compared to the beginning of the year, it has been a slow move creep higher with silver…
The intra-day “bull flag” formed in silver: Here’s a closer look at silver with good volume: Which makes us wonder if this short-term bottom is in? Here’s gold on the 3 minute chart: And the dollar, which is struggling…
The intra-day “bull flag” formed in silver: Here’s a closer look at silver with good volume: Which makes us wonder if this short-term bottom is in? Here’s gold on the 3 minute chart: And the dollar, which is struggling…
The first point (and a half) is a counter to this statement which everybody accepts as doctrine: Anybody can buy gold with dollars at any time – no gold backed oil contract needed. I won’t name names. We’re all on…