http://w3w.silverseek.com/commentaries/rss Goldseek Commentaries en Silver Market Update: set to react back over the short to medium-term? http://w3w.silverseek.com/commentary/silver-market-update-set-react-back-over-short-medium-term-17825 <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"> On silver’s latest 6-month chart we can see that the fairly tight pattern that has developed over the past several weeks, which is widely interpreted to be a bull Flag, is now looking more like a small Head-and-Shoulders top, and being small, it has correspondingly small downside implications. It projects a drop soon at least to the upper boundary of the channel that silver broke out of in December. Factors making it more likely that the pattern is an H&amp;S top are the way the advance reversed at resistance at the late September highs, with a dramatic high volume reversal candle appearing after a string of bearish looking candlesticks with long upper shadows, and of course the extreme positions evident on the COT and Hedgers charts that we will come to shortly. </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, January 21st</span> </div> </div> </div> <p><span style="color: #000000; font-family: Verdana; font-size: small; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-style: initial; text-decoration-color: initial; display: inline !important; float: none;">If gold is looking set to react back over the short to medium-term, which it does, then it implies that silver, which is weaker at this stage i</span></p><p><a href="http://w3w.silverseek.com/commentary/silver-market-update-set-react-back-over-short-medium-term-17825" target="_blank">read more</a></p> Tue, 21 Jan 2020 05:07:49 +0000 Clive Maund 17825 at http://w3w.silverseek.com COT Silver Report - January 17, 2020 http://w3w.silverseek.com/commentary/cot-silver-report-january-17-2020-17824 <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 - January 17, 2020. </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, January 17th</span> </div> </div> </div> <table class="MsoNormalTable" style="width: 547px; 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: 15.0pt;"><td style="width: 410.0pt; border: solid windowtext 1.0pt; border-right: solid black 1.0pt; background: #16365C; padding: 0in 5.4pt 0in 5.4pt; height: 15.0pt;" colspan="6" valign="bottom" nowrap="nowrap" width="547"><p class="MsoNormal" style="margin-bottom: .0001pt; text-align: center; line-height: normal;" align="center"><strong><span style="font-size: 12.0pt; font-family: 'Ve</strong></p></td></tr></tbody></table><div class="field field-type-text field-field-article-author"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> Author(s):&nbsp;</div> </div> </div> </div> <p><a href="http://w3w.silverseek.com/commentary/cot-silver-report-january-17-2020-17824" target="_blank">read more</a></p> Fri, 17 Jan 2020 20:41:54 +0000 SilverCOTReport 17824 at http://w3w.silverseek.com The Genius of JPMorgan http://w3w.silverseek.com/commentary/genius-jpmorgan-17823 <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, JPMorgan Chase, the largest bank in the US, reported record earnings of $8.5 billion for the fourth quarter and roughly $35 billion for the full year. These are net profits, after all expenses and costs are subtracted from gross revenues. It is no understatement to call JPMorgan a profit-generating machine. My interest in the bank, of course, comes from the perspective of gold and silver. The connection is that JPMorgan is the largest player, by far, in all aspects of gold and silver. Always among the top players in the gold and silver space for decades, what pushed JPMorgan to the very top was its takeover of Bear Stearns in 2008 which resulted in JPM taking the place of Bear as the largest short seller in COMEX gold and silver futures. </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, January 16th</span> </div> </div> </div> <p><span style="font-family: arial, helvetica, sans-serif; font-size: medium; color: #000000;">Yesterday, JPMorgan Chase, the largest bank in the US, reported record earnings of $8.5 billion for the fourth quarter and roughly $35 billion for the full year. These are net profits, after all expenses and costs are subtracted from gross revenues. It is no understatement to call JPMorgan a profit-generating machine.</span></p><p><a href="http://w3w.silverseek.com/commentary/genius-jpmorgan-17823" target="_blank">read more</a></p> Thu, 16 Jan 2020 17:48:48 +0000 Theodore Butler 17823 at http://w3w.silverseek.com Silver Market Update: the overall picture for silver is favorable http://w3w.silverseek.com/commentary/silver-market-update-overall-picture-silver-favorable-17820 <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"> Although last week’s reversal candle and the current rather extreme COT readings make short-term weakness likely, perhaps to the upper boundary of the Fall downtrend, the overall picture for silver is favorable, with it readying to break out of a giant 5-year plus base pattern to follow gold higher. Marked acceleration is likely to follow a breakout above the $22 level. </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, January 13th</span> </div> </div> </div> <p><span style="color: #000000; font-family: arial, helvetica, sans-serif; font-size: medium; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-style: initial; text-decoration-color: initial; display: inline !important; float: none;">Silver’s recent rally looks diminutive and stunted compared to gold’s, but that’s normal at this early stage of a new bul</span></p><p><a href="http://w3w.silverseek.com/commentary/silver-market-update-overall-picture-silver-favorable-17820" target="_blank">read more</a></p> Mon, 13 Jan 2020 15:06:31 +0000 Clive Maund 17820 at http://w3w.silverseek.com COT Silver Report - January 10, 2020 http://w3w.silverseek.com/commentary/cot-silver-report-january-10-2020-17819 <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 - January 10, 2020. </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, January 10th</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://w3w.silverseek.com/commentary/cot-silver-report-january-10-2020-17819" target="_blank">read more</a></p> Fri, 10 Jan 2020 20:13:33 +0000 SilverCOTReport 17819 at http://w3w.silverseek.com COT Silver Report - January 6, 2020 http://w3w.silverseek.com/commentary/cot-silver-report-january-6-2020-17818 <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 / COT REPORTS WERE DELAYED (JAN. 3), DUE TO THE HOLIDAYS: </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, January 6th</span> </div> </div> </div> <p><strong>Silver / COT REPORTS WERE DELAYED (JAN. 3), DUE TO THE HOLIDAYS:</strong><br /><br /></p><p><a href="http://w3w.silverseek.com/commentary/cot-silver-report-january-6-2020-17818" target="_blank">read more</a></p> Wed, 08 Jan 2020 16:33:42 +0000 SilverCOTReport 17818 at http://w3w.silverseek.com Gold is stronger than Silver during the earliest stages of a new bullmarket http://w3w.silverseek.com/commentary/gold-stronger-silver-during-earliest-stages-new-bullmarket-17815 <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"> Unlike gold, which has forged ahead, there has been very little change in silver since the last update. This is not surprising because gold is stronger than silver during the earliest stages of a new bullmarket, while silver performs the strongest during the late stages of a bullmarket as investors “throw caution to the wind”. On the 6-month chart we can see that, although it has risen incrementally over the past week, silver has started to splutter beneath the resistance level shown, with a somewhat bearish (short-term) candle appearing on Friday… </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">Sunday, January 5th</span> </div> </div> </div> <center 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-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;"><br class="Apple-interchange-newline" /><span style="font-family: arial, helvetica, sans-serif; font-size: medium;"><img src="https://www.clivemaund.com/charts/silver6month050120.jpg</span></center><p><a href="http://w3w.silverseek.com/commentary/gold-stronger-silver-during-earliest-stages-new-bullmarket-17815" target="_blank">read more</a></p> Sun, 05 Jan 2020 20:26:58 +0000 Clive Maund 17815 at http://w3w.silverseek.com COT Silver Report - December 30, 2019 http://w3w.silverseek.com/commentary/cot-silver-report-december-30-2019-17813 <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 - December 30, 2019 | SILVER COT REPORTS WERE DELAYED DUE TO THE HOLIDAYS. </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, December 30th</span> </div> </div> </div> <p>SILVER COT REPORTS WERE DELAYED DUE TO THE HOLIDAYS:</p><p><a href="http://w3w.silverseek.com/commentary/cot-silver-report-december-30-2019-17813" target="_blank">read more</a></p> Mon, 30 Dec 2019 23:18:30 +0000 SilverCOTReport 17813 at http://w3w.silverseek.com The Morgan Report: Gold Bottom is in, Silver Stocks Leading the Way http://w3w.silverseek.com/commentary/morgan-report-gold-bottom-silver-stocks-leading-way-17812 <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 silver miners’ stocks surged in recent months, staging a strong rebound rally. That overdue turnaround was fueled by silver mean reverting higher on improving sentiment after gold’s decisive bull-market breakout. Watch this video on Gold Bottom is in, Silver Stocks Leading the Way, then please share with your friends and family on social media and use the caption: Gold Bottom is in, Silver Stocks Leading the Way. </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, December 30th</span> </div> </div> </div> <p><img src="https://www.themorganreport.com/blog/wp-content/uploads/2019/12/YoutubeCover-Gold-Bottom-Is-In-1-740x357.png" width="540" /></p><p><a href="http://w3w.silverseek.com/commentary/morgan-report-gold-bottom-silver-stocks-leading-way-17812" target="_blank">read more</a></p> Mon, 30 Dec 2019 13:53:24 +0000 David Morgan 17812 at http://w3w.silverseek.com Silver Market Update http://w3w.silverseek.com/commentary/silver-market-update-17811 <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"> While silver’s charts do not yet look as positive as gold’s, that is normal at this early stage in the cycle, when gold is favored over silver, which attracts more speculative interest as the bullmarket progresses. Nevertheless, as we can see on the latest 10-year chart for silver below, it is starting to look a lot better as it hauls itself up out of the 2nd low of the giant Double Bottom pattern shown. Gold’s advance and Summer breakout triggered a strong impulse wave in silver, which then reacted back to support above its rising 200-day moving average. Last week it turned higher to start its 2nd impulse wave, which, given the increasing risk of the dollar dropping hard, has a good chance of making a run at the resistance level shown. Technically, it is still within the base pattern until it succeeds in breaking above the resistance at and approaching its 2016 highs. Once it does the advance is likely to accelerate. </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, December 30th</span> </div> </div> </div> <p><span style="font-family: arial, helvetica, sans-serif; font-size: medium; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-style: initial; text-decoration-color: initial; display: inline !important; float: none;">While silver’s charts do not yet look as positive as gold’s, that is normal at this early stage in the cycle, when gold is favored over s</span></p><p><a href="http://w3w.silverseek.com/commentary/silver-market-update-17811" target="_blank">read more</a></p> Mon, 30 Dec 2019 13:30:53 +0000 Clive Maund 17811 at http://w3w.silverseek.com