A few days ago, we wrote about a big silver crash. The price dropped around 7.5%.
And the basis dropped from around 2% to 0.6%. At the end, we said:
“The key question is: what is the follow-through? If the price stays down...
Keith Weiner
Dr. Keith Weiner is the CEO of Monetary Metals and the president of the Gold Standard Institute USA. Keith is a leading authority in the areas of gold, money, and credit and has made important contributions to the development of trading techniques founded upon the analysis of bid-ask spreads. Keith is a sought after speaker and regularly writes on economics. He is an Objectivist, and has his PhD from the New Austrian School of Economics. His website is www.monetary-metals.com.
Articles by Keith Weiner
On Monday, the dollar rose from 1.16 grams silver, to 1.26g.
Conventional monetary thinkers believe that the dollar can be measured either in terms of the euro, pound, yuan, etc. Or in terms of consumer prices.
But these are not...
Conventional monetary thinkers believe that the dollar can be measured either in terms of the euro, pound, yuan, etc. Or in terms of consumer prices.
But these are not...
On Monday, the price of silver continued its epic skyrocket. We say this without hyperbole, this kind of price action does not happen every day. Or every year. It occurs perhaps once a decade. And the same can be said for Monetary Metals...
The silver market witnessed another explosive day!
Recently at midnight (in London), the price of the metal was $26.90. By 9pm, it had rocketed up to $28.95, a gain of 7.6%. This is not normal.
But then,...
Recently at midnight (in London), the price of the metal was $26.90. By 9pm, it had rocketed up to $28.95, a gain of 7.6%. This is not normal.
But then,...
In a post-interest world, one cannot earn much return by financing productive enterprise. Instead, people are forced to speculate on whatever asset bubble is inflating at the moment.
Speculation is different from investment, in that the...
Speculation is different from investment, in that the...
We’ve been publishing updates recently after days when the silver price has spiked up. Now, after Tuesday’s trading action, silver trades over $26. Its price moved up over two bucks (about 8%).
The long pattern since the peak price hit...
The long pattern since the peak price hit...
On 23 July, we said
“One Of These Silver Days Is Not Like the Other “
The action on 27 July was not.
Notice the big drop in basis starting around midnight (London time). It falls from over 7% to under 2%.
To refresh: Basis...
“One Of These Silver Days Is Not Like the Other “
The action on 27 July was not.
Notice the big drop in basis starting around midnight (London time). It falls from over 7% to under 2%.
To refresh: Basis...
Yesterday, the price of silver spiked about 10%. We wrote that it was driven by:
“…buying of physical metal.”
And we added:
“This is a pretty good signal that a bull market may be returning to silver. Let’s watch the basis and...
“…buying of physical metal.”
And we added:
“This is a pretty good signal that a bull market may be returning to silver. Let’s watch the basis and...
The price of silver has just spiked up about $2.00—that’s about 10%.
All the usual suspects have been calling for silver to skyrocket. With some amusement, we have been watching ads from a guy known for savvy junior mining stock...
All the usual suspects have been calling for silver to skyrocket. With some amusement, we have been watching ads from a guy known for savvy junior mining stock...
We are reading now about possible regulations for air travel. In brief: passengers might be forced to spend hours at the airport. Authorities will perform medical checks, including possibly needles to draw blood, no lounges, no food or...
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