Low Gold and Silver Premiums Beckon, but Be Careful…

Holding some physical gold and silver has been a good idea for a few thousand years. That never changes. However, some moments are better than others when it comes to picking an entry point. Now may be one of those auspicious times. Plentiful inventory and soft demand have pushed premiums for bullion products to their lowest levels in years. U.S. 90% silver coins minted before 1965 – aka “junk silver” – can now be had for less than $ 1/oz over the spot price. Pre-1933 U.S. gold coins have also fallen dramatically in price. Mints, refiners, and dealers are cutting […]

Read More

Gold and Silver Are Like a Blue-Ringed Octopus…

The primary investing emotion “twin dragons” are fear and greed. Greed, a powerful motivator, can turn on a dime and change into fear – of loss or even fear of missing out. Most people start by watching a market rise, afraid to risk taking a position. After the uptrend has become well-established, the “Lookie Lou’s” finally go into action. Having been “short-term bearish,” they “get long” or go “all in,” “backing up the truck.” Sure enough – soon thereafter the price plunges. What they initially viewed as just “a correction” may turn into a long-term top. Either way, the fear […]

Read More

Silver Market Poised For Big Reversal

Silver Market Poised For Big Reversal When Institutional Investors Move In The Silver Market is going to experience a big reversal when the Hedge Funds and Institutional investors rotate out of highly inflated stocks and into precious metals investments. This is not a matter of if, it’s a matter of when. And the when, could be much sooner than we expect due to the huge problems with the U.S. debt ceiling deadline on March 15, 2017. As I mentioned in my previous article, POWERFUL GOLD & SILVER COILED SPRINGS: Important Charts You Have To See, I posted this chart of […]

Read More

Using Gold and Silver in New Ways

I’m Mike Gleason and welcome to this week’s Market Wrap Podcast. Coming up David Morgan of The Morgan Report joins me to discuss the year ahead for silver. He also gives some great advice on how to make and keep profits when investing in precious metals and talks about a tipping point he sees ahead in the silver market. Don’t miss a fantastic interview with the silver guru himself, David Morgan, coming up after this week’s market update. Well, gold and silver markets continue to press ahead. As the Dow Jones Industrials put in 10 days in a row of […]

Read More

Gold & Silver Buying to Rise on Inflation and Geopolitical Uncertainty

Notwithstanding the strong demand for gold and silver globally, buying activity in the U.S. retail market for physical bullion has fallen noticeably in the wake of Donald Trump’s election victory. And retail selling in the U.S. has increased. The bullion markets have entered a new phase. The two terms of President Obama included the aftermath of the 2008 financial crisis, zero interest rate policy from the Federal Reserve, and multiple rounds of Quantitative Easing. Reasons to buy gold and silver were plentiful. Today, the reasons to diversify into gold and silver are as strong as ever, but they’re perhaps less […]

Read More

Europe Eyes Sweeping Cash Ban. Are Gold & Silver Next?

The global war on cash rolls on. The cabal of bankers seeking more transaction fees, busybody political leaders, and central bankers who want to experiment with negative interest rates recently threw India into turmoil by eliminating the two largest denomination bank notes. Now they are preparing a similar assault on Europeans’ ability to transact privately and without giving bankers a cut. European Union officials just published a “Proposal for an EU Initiative on Restriction on Payments in Cash.” Predictably, the restrictions are being sold to citizens as a means of fighting terrorism – much like a host of other privacy […]

Read More

JPMorgan Chase Rigging Silver Prices

JPMorgan Chase is back on the list of bullion banks being sued for rigging silver prices and cheating clients. Last week, a New York appeals court overturned a lower court’s dismissal of the suit, paving the way for additional discovery. The JPMorgan suit has been built largely upon trading data and patterns. This differs from the suit recently settled by Deutsche Bank and still pending against a group of other large banks. The evidence there includes chat logs and voice recordings representing what appears to be “smoking gun” evidence of traders colluding with one another to cheat. The ruling represents […]

Read More

Paper Markets Crack; U.S. Silver Supply In Jeopardy

The U.S. silver supply will likely be in jeopardy in the future when the highly inflated paper markets finally crack. This is not a matter of if, but WHEN. If we consider the top two precious metals and copper, silver has the highest net import reliance as a percentage of domestic consumption. According to the data put out by the USGS – U.S. Geological Survey, and the GFMS team at Thomson Reuters, the United States silver net import reliance as a percentage of total consumption, was 72%, versus 36% for copper and a negative 48% for gold: The USGS reported […]

Read More

Huge Movement Ahead in Silver; Paper Markets in Trouble

The Silver Market will experience a significant trend change in the future due the unraveling of the paper markets. Already we are witnessing a lot of political turmoil and havoc as President-elect Donald Trump gets ready to take over the White House in the next few days. It’s also logical to assume the policy changes President-elect Trump wants to make will cause serious ramifications to the highly leveraged debt-based fiat monetary system… whether he realizes it or not. Craig over at TFMetalsReport.com recently interviewed Paul Myclhresst about the huge problem the Chinese government is dealing with as they liquidate Dollars […]

Read More

Profit Margins at Largest Primary Silver Mining Producer Crushed

The profit margin trend at the world’s largest primary silver mining company has experienced a rapid decline over the past several years. Fresnillo PLC in Mexico, is the largest primary silver mining company in the world. Last year, Fresnillo PLC produced 47 million of silver and 762,000 oz of gold. For all their hard work, Fresnillo’s profit margin versus its cost of sales fell to an all-time low of 7% in 2015. This can most certainly be blamed on market intervention, which I will discuss in more detail in upcoming articles. The chart below shows how the company’s cost of […]

Read More