Silver

Precious Metal Manipulation?

Often times I’m asked: “What’s a good investment?” My answer is, it depends. Do you know how to manage risk and keep your emotions in check? Can you focus on the merits of your analysis without being influenced by the crowd? If you are a bad investor, you will find a way to be unprofitable; if you are a good investor, you will find a way to be profitable. Some people never…

Life Lessons and the Debt Crisis

As regular readers know, every once in awhile I need to take a break from writing about the markets. A lot of you probably think things like investing, stocks, and drawing trendlines on a chart consume all my time, but they really don’t. There are plenty of “experts” out there who claim to know exactly where the market is going to be tomorrow, next week, and next year. I suppose you can go over to…

When the Gold Bull Market Ends

The recent spike rally in silver and subsequent collapse have got me thinking about the future of precious metals. Events can change so quickly based on just a couple of variables. The best course of action, as always, is to be flexible and adjust accordingly. I believe gold will go from an underowned to overowned condition fairly quickly. The two main things I will focus on are price and time. I have price targets, but…

Turning Points: Tops and Bottoms

Helped along by an unexpected rise in unemployment claims to 8-month highs,  various asset classes are selling off. This is nothing out of the ordinary; we are just removing some froth from markets. Silver especially has been due for a fall. The dollar, quite frankly, has been due for a rally. Remember yesterday when I said that extremes are easy to trade? Well people are “extremely” bearish on the dollar right…

The Short-Term Top in Silver

Yesterday, silver experienced its biggest one-day dollar drop in 3 decades. In recent weeks, I’ve been warning that the downside risks in silver were huge, that silver rose too far, too fast, and that there was a frenzy developing in silver. I publicly stated I was lightening up above $46 dollars and that a minimum of a 30% decline in silver shares was very possible. I think enough of these things…