There continues to be a lot of rhetoric on the subject of gold and silver manipulation. After the large spike in the precious metals over the past few days due to the WallStreetBets and Reddit “Silversqueeze” Campaign, we have now witnessed the hangover. Thus, many precious investors believe the…
What a crazy and volatile day in the precious metals market, especially silver. Demand for physical silver bullion products surged this weekend and continue to wipe out dealer inventories on Monday. At one point, premiums for Silver Eagles were $14-$15, a staggering 50% above the spot price…
Many of the precious metals wonder if something BIG is getting ready to happen in the Silver Market. And, they should be. Due to the WallStreetBets massive “Silver Short-Campaign,” last week, not only did the iShares SLV ETF see its inventories increase by 34 million oz on Friday, all the major online dealers…
In this update we provide our Bearish Market Outlook. We believe that the markets are way overextended and that traders and investors should now prepare mentally and financially for a period of massive volatility. We look at a number of different markets and we provide our opinion on them.
In the past twenty years, the world’s largest top two gold miners never made more money per oz of gold than they did in 2020. So, even with the so-called manipulation of the precious metals prices, the top gold miners are now making money… HAND OVER FIST. How much money are the…
Today was a crazy day in the markets as volatility pushed the prices of the metals and stocks all over the place. I discuss how the volatility is impacting many of the stocks and provide an update on First Majestic and Freeport McMoRan. Due to individual groups coordinating BUYING and SELLING…