The silver price trended lower last week after hitting a high of nearly $16 the prior week. So, what’s in store for silver and the broader markets this week? If we look at the moving averages and what is taking place in the broader markets, we may find some clues. …
The global mine supply from the top silver producing countries may decline more than the industry forecasts. The leading consultancies reported that global silver production would increase moderately by 1-2% in 2018. However, the data from several countries and large mining companies suggest that overall world silver production may decline by…
Tom Cloud provides another update on the top precious metals for 2019. He discusses the platinum, palladium, gold and silver markets. While palladium has seen its price rise considerably over the past year, Tom believes it may be topping… I agree. He also talks about how the Russian and Chinese…
Investors should prepare for crazy and turbulent markets in 2019. As the correction in the broader markets picks up speed and heads much lower, investor worry will start to turn into fear. At this point, the precious metals will likely disconnect from the markets and move higher as investors move…
While December was a horrible month for the broader markets, that wasn’t the case for the precious metals. As the Dow Jones and S&P 500 Indexes suffered the worst December since the Great Depression, the silver price enjoyed quite a healthy rally. The notion of rising precious metals prices during a…
If history is our guide, we are on track for a severe market meltdown in 2019. While the U.S. broader indexes remained in record territory for most of 2018, December turned out to be a complete disaster for stocks. So, even though the markets have reversed higher from their Christmas…