After seeing stocks drop over 50% in both the 2000-2003 and 2007-2009 bear markets, investors are understandably hesitant to redeploy their hard-earned money back into stocks.
Silver Market Analysis
Technical analysis to forecast future price trends of silver and other precious metals, as well as the US Dollar and the Euro.
Silver closed the month at 19.790 unable to maintain the $20 price level. This month has been a battle between weak precious metals and craziness in the industrial metals markets with Chinese data lackluster and US data spotty we saws...
Silver is giving mixed signals. Short-term the white metal has recently given Buy-Signals. But longer-term silver prices are heading the 200 ema support. Provocatively, Large Specs are at the lowest levels in years.
The good news is most of the major indices closed at all-time or multi year highs on Friday. The negatives:
The Rydex Cash Flow Ratio is one of the sentiment indicators we track, and currently it is showing that investors are unusually reluctant to commit money to the current rally.
I know many of you are viewing the metals and thinking that we are exceptionally bullish, and a long lasting bottom is in place. But, I am not anywhere near as confident. Especially when I look at silver.
One of the largest issues many have with technical analysis is linking an understanding of their fundamental “beliefs” with prices on a chart. By fundamental, we include simply the knowledge of any number of known factors, shortages, r...
Some truly awful economic results were released over the last week.
The good news is: New lows remained insignificant in spite of a rough week.
Last week silver bullion and silver equities are on short-term buy signals. However, long term they remain on a sell signal, but prices are now approaching 200 ema support.
For academics, the term "troubled currency" might be a term of art. But for people who are faced with such a currency, they know a troubled currency when they see one.
One of the main reasons why silver acts so sluggish relative to gold is a function of the gold/silver ratio, which shows that gold has been outperforming silver since March 2011-- and based on the enclosed chart, likely will continue to...
The daily silver is similar to but not as strong as gold. Still, evidence is growing to expect some sort of rally. Until we see the how and the extent of any rally, there can be no change
Silver and silver equities are still basically in a bearish mode. Nonetheless Silver ETF (SLV) is on a short-term buy signal. However, long-term silver bullion is nearing i200 ema, which may provide support. Moreover, silver’s COT...
I have not written a public article in several months. This is mainly because I have been waiting for a buying opportunity to develop in precious metals.
Last week the price of the white metal climbed to an over two-week high after U.S. Federal Reserve Chairman said its huge stimulus program would stay in place for some time. Investors are now focused on Ben Bernanke once again.
During the recent weeks we have seen commodities especially precious metals continue to drop in value.
Wow is all I can say. It was the best week of the year by a long shot and we’ve had some stellar weeks to be sure.
The decline in gold prices this year has been classically bearish. Each sharp drop is followed by a consolidation before another sharp drop, thus trapping buyers who have been trying to pick a bottom.
Do markets send messages? Absolutely, and they are there for anyone and everyone to see as they develop. Most people like to read news about increased demand for gold and silver, record purchases for silver eagles, etc, etc, etc. The...
Obviously, we can’t know if the bottom is in but I’ll repost a chart which is my best argument for why we can expect a big rebound over the coming months. The chart shows all of the worst bear markets in gold stocks.
One of the most important pieces of data last week was Friday's U.S. non-farm payrolls report. U.S.
The cognitive dissonance about the dollar never fails to amaze me. People know in their bones that their dollars will be worth a lot less in the future...yet they continue to trust and cling to the dollar as a store of value.
For decades, the American “paper gold” market (the COMEX) has been the primary market for determining the POYG (price of your gold).
A relatively quiet but interesting week for the markets with Canada Day falling early in the week and Independence Day falling later in the week which kept markets open only half a day Wednesday and pretty quiet Friday.
A shout-out to I M Vronsky and his crew, [Gold-Eagle], for reaching its 475 Millionth view since it began on 1 January 1997. Congrats!
When volatility spikes the economy in certain ways, it can cause some leveraged positions to implode which can, through paper markets collapse the price of a given commodity etc.
When Obama first entered the White House four years ago, CinC was at $881 billion dollars. Today it is approaching $1,200 billion dollars, an increase of 35%. This is just for the number of paper dollars and pocket change circulating...
The average SILVER correction since this bull market started was 44%. Moreover, some down-side pressure may persist for a while. Furthermore, it is to be noted that after the price of silver dropped 57% in 2008, it surged 441% over...