Basic Reports

Bitcoin: What Is It Good For?

bitcoin header

It was just two days ago, that we wrote about last week’s slide in the silver price from around $24, to around $22.50. Well, yesterday and today the price ascended back to around $24. The question is whether silver is now just as scarce as it was, scarcer, or more abundant? Read on… But First, […]

That Precious Metals Rumor Mill, 30 November

rumor-mill

We are hearing rumors this week of a shortage of the big silver bars, the thousand-ouncers. No, we don’t refer to bullion banks saying this. Nor big dealers, who are happy to sell us as many of these as we can buy. Nor our peeps in high places (we don’t claim to have any such […]

The Great Reset, 23 November

reset-header

There are now two entirely different notions of a coming “reset”. One has been popular among those who speculate on the gold price. They expect a revaluation of the dollar. However, the government does not set the value of the dollar. So there is no way to reset the value. Indeed, the government has been […]

Yes, Virginia, There Is An Alternative, 11 November

stock-chart

On Monday the dollar had a ferocious rally, moving up from 15.87mg gold to 16.77mg and from 1.21g silver to 1.32g. In mainstream terms, the price of gold dropped about a hundred bucks, and the price of silver crashed $2.20. One notion we’re hearing a lot now is, “there is no alternative to stocks.” Certainly, […]

Recovery: GDP vs MPoD, 2 November

GDP vs MDoP

On Wednesday last week, the price of silver dropped from over $24.25 to just a bit over $23 before bouncing back to around $23.50. The next day, the price dropped again, briefly to around $22.60 before mostly recovering (but a dime to a quarter down). Let’s look at the graph of the price and basis […]

Why These Gold Standardites Are Wrong, 13 October

gold standard

On Friday, the price of silver went up from $24.25 to $25.20, or +4%. Let’s look at the graph of the price and basis (i.e. abundance) action. For the first part of the day, the action is from speculators, for the most part. Then around the time that the US west coast comes online, we […]

Silver Not Stimulated – 7 Oct

stimulus

“I have instructed my representatives to stop negotiating until after the election when, immediately after I win, we will pass a major Stimulus Bill that focuses on hardworking Americans and Small Business” So tweeted President Trump just before 8pm (London time) Tuesday afternoon. And the price of silver, which was already down 40 cents, fell […]

Silver Falls, We’ve Got #$*&! Mail – 6 October

hate-mail

There was a big drop in the price of silver last Wednesday. Then the price moved up, and down, but mostly up. Let’s look at a graph of the silver price and basis showing Sep 30 through Oct 5, with intraday resolution. Let’s take a look:   It’s remarkable how the basis tracks the price, […]

Silver Rises, JP Morgan Manipulates! 29 September

silver plus chart

While the silver price was dropping recently, we published analyses here and here. At that time, we saw a basis that fell with price, but which recovered during “off” days. In short, there was not much of a decrease in abundance of the metal to the markets commensurate with the price drops. On Monday, the […]

And Silver Crashes Some More! 24 Sept

bull bear graph

A few days ago, we wrote about a big silver crash. The price dropped around 7.5%. And the basis dropped from around 2% to 0.6%. At the end, we said: “The key question is: what is the follow-through? If the price stays down and the basis goes back up, that will be a bearish signal. […]