I believe we are in the beginning stages of a Major Battle in the Silver Market. As Institutions, Hedge Funds, the Rich, and Retail Investors move into silver to protect wealth, the control over getting access to metal will lead to much higher prices.
There was a positive development in the Silver Market on Friday that I discuss in my weekend update and why the price may be bottoming. Also, the fundamentals show that silver will likely hold up better than gold in the short term. Also, there seems to be more Bad News in U.S. Shale Oil…
The Sinking of the Bakken Oil Ship has begun as the forecast of production growth this year has turned into a decline. This is certainly bad news because the U.S. was supposed to be the swing producer for the world, but is now struggling to maintain production. And, this will likely worsen in the years ahead…
Not only has Smart Money become Net Long in Silver, they are also long in other metals. So, why does there continue to be a massive short position against the Silver SLV ETF? Good question. There seems to be an enormous, record Hedge bet on the market for a Crash; thus, investors think the silver price will continue to fall. But will it…
The so-called Green Energy State that announced the banning of sales of gasoline vehicles in 2035 is burning a massive amount of fossil fuels just to keep the lights on. Yes, indeed… California’s Electric Grid used 4 TIMES more Natgas Power than Wind & Solar… what do you think of them apples…
With the silver market price now lower than most primary silver miners’ production costs, this low level may not last long. This is especially true when we factor in the surging silver lease rates, suggesting a real tightness and shortage of metal for traders in the market…