http://ww3.silverseek.com/commentaries/rss Goldseek Commentaries en THE SILVER PRICE: Setting Up For A Breakout? http://ww3.silverseek.com/commentary/silver-price-setting-breakout-17690 <div class="field field-type-text field-field-article-snippet"> <div class="field-label">Snippet:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> After gold broke above a critical resistance level, held for the past five years, precious metals’ investors are now wondering, “what’s in store for silver?” While gold surged from $1,340 to $1,440 in just one week last month, silver only went up a mere $0.70. Thus, the Gold-Silver ratio increased from 89/1 to 94/1, in the same five-day period. So, the BIG QUESTION many precious metals investors are asking, “Is silver going to follow gold’s move higher?” And, in several price trends in the past, silver does follow gold higher but also outperforms the yellow metal in the later stage. </div> </div> </div> <div class="field field-type-datestamp field-field-article-published-date"> <div class="field-items"> <div class="field-item odd"> <span class="date-display-single">Tuesday, July 16th</span> </div> </div> </div> <p style="margin: 0px 0px 1.25rem; padding: 0px; border: 0px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-weight: 400; font-stretch: inherit; font-size: 17.008px; line-height: inherit; font-family: 'Droid Sans', sans-serif; vertical-align: baseline; color: #000000; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-style: i<p><a href="http://ww3.silverseek.com/commentary/silver-price-setting-breakout-17690" target="_blank">read more</a></p> Tue, 16 Jul 2019 13:58:01 +0000 SRSrocco 17690 at http://ww3.silverseek.com Wrong Whale http://ww3.silverseek.com/commentary/wrong-whale-17689 <div class="field field-type-text field-field-article-snippet"> <div class="field-label">Snippet:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> The 4 big concentrated silver longs, which I have been writing about for nearly a month, further reduced their net long position by 3882 contracts to 62,707 contracts. The only reporting category to have liquidated enough (or any real) number of contracts in the reporting week were managed money traders, proving conclusively that managed money traders held a significant percentage of the very strange concentrated net long position in COMEX silver. How else could I have expected managed money long liquidation by the 4 concentrated longs on Monday? This is in direct conflict with the new article by Alasdair Macleod, of which many of you asked my opinion. As I think most of you know, it is not my custom to critique others’ work, as that strikes me as unprofessional. Let everyone present what they wish to present. But there is enough factually incorrect in Macleod’s article that it would be a disservice not to address those very serious errors. </div> </div> </div> <div class="field field-type-datestamp field-field-article-published-date"> <div class="field-items"> <div class="field-item odd"> <span class="date-display-single">Monday, July 15th</span> </div> </div> </div> <p class="MsoNormal" style="margin: 0in 0in 8pt;"><span style="font-size: 14pt; line-height: 107%; color: #000000;"><span style="font-family: Calibri; font-size: medium;">Here’s an amended excerpt from the weekly review sent to subscribers on Saturday, July 13 -</span></span></p><p><a href="http://ww3.silverseek.com/commentary/wrong-whale-17689" target="_blank">read more</a></p> Mon, 15 Jul 2019 16:35:40 +0000 Theodore Butler 17689 at http://ww3.silverseek.com COT Silver Report - July 12, 2019 http://ww3.silverseek.com/commentary/cot-silver-report-july-12-2019-17688 <div class="field field-type-text field-field-article-snippet"> <div class="field-label">Snippet:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> COT Silver Report - July 12, 2019. </div> </div> </div> <div class="field field-type-datestamp field-field-article-published-date"> <div class="field-items"> <div class="field-item odd"> <span class="date-display-single">Friday, July 12th</span> </div> </div> </div> <table class="MsoNormalTable" style="width: 508px; margin-left: 0.1pt; border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0"><tbody><tr style="mso-yfti-irow: 0; mso-yfti-firstrow: yes; height: 15.75pt;"><td style="width: 381.0pt; border: solid windowtext 1.0pt; border-right: solid black 1.0pt; background: #16365C; padding: 0in 5.4pt 0in 5.4pt; height: 15.75pt;" colspan="6" valign="bottom" nowrap="nowrap" width="508"><p class="MsoNormal" style="margin-bottom: .0001pt; text-align: center; line-height: normal;" align="center"><strong><span style="font-size: 12.0pt; font-family: '</strong></p></td></tr></tbody></table><p><a href="http://ww3.silverseek.com/commentary/cot-silver-report-july-12-2019-17688" target="_blank">read more</a></p> Fri, 12 Jul 2019 19:17:17 +0000 SilverCOTReport 17688 at http://ww3.silverseek.com Deliberately Looking Away http://ww3.silverseek.com/commentary/deliberately-looking-away-17686 <div class="field field-type-text field-field-article-snippet"> <div class="field-label">Snippet:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> The two developments in focus include a broad artificial pricing scheme, or manipulation, affecting a wide swath of commodity markets and a more specific price manipulation involving JPMorgan in silver and gold. The illegal pricing schemes did not evolve overnight, but over a multi-decade period of time. That’s one of the main reasons why so many have failed to appreciate what has occurred – it has been a gradual process. So gradual that, like a frog not jumping out of a pot of water being heated slowly, market observers and regulators alike have come to accept as normal the dramatic and illegal change in the price discovery process. Simply put, commodity prices are now set and determined by excessive speculation in derivatives contracts by a handful of large traders and not by changes in actual commodity supply and demand. Derivatives contracts are entered into by two parties, a buyer and seller, and include futures and options contracts traded on listed exchanges and contracts traded over-the-counter, where futures contracts are called swaps. In essence, derivatives contracts are simply paper bets on price in the future and only rarely involve the physical delivery of the underlying commodity. </div> </div> </div> <div class="field field-type-datestamp field-field-article-published-date"> <div class="field-items"> <div class="field-item odd"> <span class="date-display-single">Thursday, July 11th</span> </div> </div> </div> <p class="MsoNormal" style="margin: 0in 0in 8pt;"><span style="font-size: 14pt; line-height: 107%; color: #000000;"><span style="font-family: Calibri;"><span style="font-size: medium;">There are two great evolutions underway in the world of commodities that, while in full view, are misunderstood or overlooked by most observers. So important are these two developments that they threaten serious market upheaval when they are addressed, as must inevitably occur.</span></span></span></p><p><a href="http://ww3.silverseek.com/commentary/deliberately-looking-away-17686" target="_blank">read more</a></p> Thu, 11 Jul 2019 13:58:20 +0000 Theodore Butler 17686 at http://ww3.silverseek.com COT Silver Report - July 8, 2019 http://ww3.silverseek.com/commentary/cot-silver-report-july-8-2019-17684 <div class="field field-type-text field-field-article-snippet"> <div class="field-label">Snippet:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> COT Silver Report - July 8, 2019 </div> </div> </div> <div class="field field-type-datestamp field-field-article-published-date"> <div class="field-items"> <div class="field-item odd"> <span class="date-display-single">Monday, July 8th</span> </div> </div> </div> <table class="MsoNormalTable" style="width: 508px; margin-left: 0.1pt; border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0"><tbody><tr style="mso-yfti-irow: 0; mso-yfti-firstrow: yes; height: 15.75pt;"><td style="width: 381.0pt; border: solid windowtext 1.0pt; border-right: solid black 1.0pt; background: #16365C; padding: 0in 5.4pt 0in 5.4pt; height: 15.75pt;" colspan="6" valign="bottom" nowrap="nowrap" width="508"><p class="MsoNormal" style="margin-bottom: .0001pt; text-align: center; line-height: normal;" align="center"><strong><span style="font-size: 12.0pt; font-family: '</strong></p></td></tr></tbody></table><p><a href="http://ww3.silverseek.com/commentary/cot-silver-report-july-8-2019-17684" target="_blank">read more</a></p> Mon, 08 Jul 2019 19:26:43 +0000 SilverCOTReport 17684 at http://ww3.silverseek.com Peru’s Largest Primary Silver Mine Production Plummets 54% http://ww3.silverseek.com/commentary/peru%E2%80%99s-largest-primary-silver-mine-production-plummets-54-17683 <div class="field field-type-text field-field-article-snippet"> <div class="field-label">Snippet:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> As the world financial system heads closer to the abyss, global production of the second most important precious metal, silver, continues to deal with serious problems. According to Peru’s Ministry of Energy and Mines, the country’s largest primary silver mine saw its production plummet by 54% in the first quarter of 2019. The Uchucchacua Mine, run by Buenaventura, is not only the largest primary silver mine in Peru, but it is also ranked third in the world. Buenaventura reported that silver output at the Uchucchacua Mine decreased during Q1 2019 due to a contractor strike that lasted 21 days and significant rains. However, silver production at Uchucchacua continued to be weak in April, three months after the strike ended. </div> </div> </div> <div class="field field-type-datestamp field-field-article-published-date"> <div class="field-items"> <div class="field-item odd"> <span class="date-display-single">Tuesday, July 2nd</span> </div> </div> </div> <p style="margin: 0px 0px 1.25rem; padding: 0px; border: 0px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-weight: 400; font-stretch: inherit; font-size: 17.008px; line-height: inherit; font-family: 'Droid Sans', sans-serif; vertical-align: baseline; color: #000000; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-style: i<p><a href="http://ww3.silverseek.com/commentary/peru%E2%80%99s-largest-primary-silver-mine-production-plummets-54-17683" target="_blank">read more</a></p> Tue, 02 Jul 2019 15:47:04 +0000 SRSrocco 17683 at http://ww3.silverseek.com Why Silver Is Amazingly Cheap Here & A Sure Sign That a Major Pm Sector Bullmarket Is Starting... http://ww3.silverseek.com/commentary/why-silver-amazingly-cheap-here-sure-sign-major-pm-sector-bullmarket-starting-17681 <div class="field field-type-text field-field-article-snippet"> <div class="field-label">Snippet:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> Many silver investors are manic-depressive and fanatical, which is a reality that we can turn to our advantage, for if we can figure when they are just starting to emerge from the depths of despair, it is the time to move into the sector in a big way. They are just starting to emerge form the depths of despair right now as it happens, which graphically is shown by the silver to gold ratio, the basis of which being that when investors in the sector are at their most risk averse, they tend to favor gold over silver, which is hardly surprising as gold conjures up images of solidity and security to a much greater extent than silver, which is also known as “poor man’s gold”. </div> </div> </div> <div class="field field-type-datestamp field-field-article-published-date"> <div class="field-items"> <div class="field-item odd"> <span class="date-display-single">Monday, July 1st</span> </div> </div> </div> <p><span style="color: #000000; font-family: Verdana; font-size: 12px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-style: initial; text-decoration-color: initial; display: inline !important; float: none;">We have already been over the reasons why a major PM sector bullmarket is starting, and remarked on how undervalued silve</span></p><p><a href="http://ww3.silverseek.com/commentary/why-silver-amazingly-cheap-here-sure-sign-major-pm-sector-bullmarket-starting-17681" target="_blank">read more</a></p> Mon, 01 Jul 2019 15:10:57 +0000 Clive Maund 17681 at http://ww3.silverseek.com COT Silver Report - June 28, 2019 http://ww3.silverseek.com/commentary/cot-silver-report-june-28-2019-17680 <div class="field field-type-text field-field-article-snippet"> <div class="field-label">Snippet:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> COT Silver Report - June 28, 2019. </div> </div> </div> <div class="field field-type-datestamp field-field-article-published-date"> <div class="field-items"> <div class="field-item odd"> <span class="date-display-single">Friday, June 28th</span> </div> </div> </div> <table class="MsoNormalTable" style="width: 589px; border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0"><tbody><tr style="mso-yfti-irow: 0; mso-yfti-firstrow: yes; height: 13.15pt;"><td style="width: 20.0pt; padding: 0in 5.4pt 0in 5.4pt; height: 13.15pt;" valign="bottom" nowrap="nowrap" width="27">&nbsp;</td><td style="width: 80.0pt; background: white; padding: 0in 5.4pt 0in 5.4pt; height: 13.15pt;" valign="bottom" nowrap="nowrap" width="107"><p class="MsoNormal" style="margin-bottom: .0001pt; line-height: normal;"><span style="font-size: 10.0pt; font-family: 'Arial',sans-ser</p></td></tr></tbody></table><p><a href="http://ww3.silverseek.com/commentary/cot-silver-report-june-28-2019-17680" target="_blank">read more</a></p> Fri, 28 Jun 2019 19:22:36 +0000 SilverCOTReport 17680 at http://ww3.silverseek.com GoldSeek Radio Nugget: Bill Murphy -- Silver is so cheap, a rush is coming http://ww3.silverseek.com/commentary/goldseek-radio-nugget-bill-murphy-silver-so-cheap-rush-coming-17679 <div class="field field-type-text field-field-article-snippet"> <div class="field-label">Snippet:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> Silver on a fire sale. A sea change in central bank attitude towards silver occurred recently as the currency reserve stockpile in Moscow now includes seventy pound bars of silver; if the trend continues, the already dwindling supply conditions could reach a tipping point faster than anticipated by most financial models, shifting conditions in favor of PMs investors. Against the unprescedented backdrop of over 90 : 1 silver to gold ratio, once silver closes above $21 on a weekly basis, Bill Murphy expects the price to rapidly begin an ascent to the $50 peak of 2008 / 1980, build a new base and ignite the 2nd rocket stage onward to triple digits. </div> </div> </div> <div class="field field-type-datestamp field-field-article-published-date"> <div class="field-items"> <div class="field-item odd"> <span class="date-display-single">Thursday, June 27th</span> </div> </div> </div> <p><iframe src="https://www.youtube.com/embed/t0I4xgNCvhI" frameborder="0" width="560" height="315"></iframe></p><p><a href="http://ww3.silverseek.com/commentary/goldseek-radio-nugget-bill-murphy-silver-so-cheap-rush-coming-17679" target="_blank">read more</a></p> Thu, 27 Jun 2019 16:02:12 +0000 Bill Murphy 17679 at http://ww3.silverseek.com Stranger Than Fiction http://ww3.silverseek.com/commentary/stranger-fiction-17678 <div class="field field-type-text field-field-article-snippet"> <div class="field-label">Snippet:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> Yesterday, the Department of Justice and the Commodity Futures Trading Commission announced yet another settlement, both criminal and civil, for “spoofing” and market manipulation in COMEX precious metals, this time against Merrill Lynch, a unit of Bank of America. The infractions occurred hundreds of times starting at least in 2008 and continuing through 2014. While Merrill Lynch and Bank America settled criminal charges via a deferred prosecution agreement and a $25 million fine, separate criminal charges are pending against a number of former individual traders. </div> </div> </div> <div class="field field-type-datestamp field-field-article-published-date"> <div class="field-items"> <div class="field-item odd"> <span class="date-display-single">Thursday, June 27th</span> </div> </div> </div> <p class="MsoNormal" style="margin: 0in 0in 8pt;"><span style="font-size: 14pt; line-height: 107%; color: #000000;"><span style="font-family: Calibri;"><span style="font-size: medium;">Yesterday, the Department of Justice and the Commodity Futures Trading Commission announced yet another settlement, both criminal and civil, for “spoofing” and market manipulation in COMEX precious metals, this time against Merrill Lynch, a unit of Bank of America. The infractions occurred hundreds of times starting at least in 2008 and continuing through 2014.</span></span></span></p><p><a href="http://ww3.silverseek.com/commentary/stranger-fiction-17678" target="_blank">read more</a></p> Thu, 27 Jun 2019 12:53:54 +0000 Theodore Butler 17678 at http://ww3.silverseek.com