What do the technicals say about the precious metals prices over the short term?? Well, if we look at a few indicators, they point to a short-term correction lower before setting up for the next leg higher. When will that next LEG HIGHER begin?? That depends a great deal upon…
Two countries are buying one heck of a lot of silver investment this year, and it isn’t China or India. The notion that China is one of the big buyers of physical silver investment doesn’t seem to register from the data published by the world’s leading silver consultancy sources…
With the continued uncertainty in the markets and financial system, the U.S. Mint Silver Eagle sales for the last quarter of 2020 are forecasted to triple compared to the same period last year. Already, sales of Silver Eagles so far in October have surpassed the total during the entire fourth…
More often than not, mergers are done to benefit the company and not the investors. I believe the merger of ConocoPhillips and Concho Resources fits into this category. Interestingly, ConocoPhillips decided to go on with the merger even though its own domestic oil and gas sector is struggling…
With the broader markets selling off today and the precious metals being off their highs, I thought it would be a good idea to do Metals & Market Update. I also include charts and information on why silver investment demand, not industrial demand, will be the leading driver of the silver…
Something is happening in the Silver Market for the first time ever. This profound fundamental change taking place could change the silver market as we know it. While I forecasted several years ago that this shift would occur, it’s still amazing to see it happen right in front of our eyes…