Tag Archive for: silver

Silver Fever, or Silver Fading?

Supply and Demand Report

We finally had a resolution, of sorts, in silver. Since April 13, we have had a falling price of silver (indicated as a rising price of the dollar, as measured in silver). And along with this price trend, a growing scarcity of the metal to the market (i.e. the cobasis, the red line). Indeed, the […]

Silver Update: Scarcity Gets More Extreme

Supply and Demand Report

Listen to the audio version of this article here. Since our last silver article, the price of silver has dropped. With due respect to Frederic Bastiat, the price is the seen. The basis mostly goes unseen. We will take a look at the market data, revised for a few more days of trading. Warren Buffett, […]

The Silver Phoenix Market

Supply and Demand Report

Listen to the audio version of this article here. The price of silver hit a peak over $26.50 on March 8. It spent about a month and a half breaking down, and then the bottom fell out. It’s currently down from that peak almost 8 bucks. Breaking Down Fundamental Silver Prices However, the opposite has […]

About that Spike in the Silver Price… 22 July

The price of silver has just spiked up about $2.00—that’s about 10%. All the usual suspects have been calling for silver to skyrocket. With some amusement, we have been watching ads from a guy known for savvy junior mining stock investments, who has been calling for gold to go up for a while. And recently, […]

Crouching Silver, Hidden Oil Market Report 20 Apr

The price of gold has been up steadily for the last 30 days (with a few zigs and zags), now re-attaining the high it achieved prior to the big drop in March. Gold ended the week at $1,662. Alas, it’s not quite the same story in silver, whose price drop was bigger. Now its price […]

Is Now a Good Time to Buy Gold? Market Report 16 March Part Two

In Part One, we laid out the general case for owning gold and silver, and the specifics of our current macroeconomic environment. In other words, people attempt to use the government’s debt paper as if it were money, but no one should be 100% all-in to this paper. And right now, the Fed is embarking […]

Silver Backwardation Returns, Gold and Silver Market Report 2 March

The big news this week was the drop in the prices of the metals (though we believe that it is the dollar which is going up), $57 and $1.81 respectively. Of course, when the price drops the injured goldbugs come out. We have written the authoritative debunking of the gold and silver price suppression conspiracy […]

Why Are People Now Selling Their Silver? Report 15 Sep

This week, the prices of the metals fell further, with gold -$18 and silver -$0.73. On May 28, the price of silver hit its nadir, of $14.30. From the last three days of May through Sep 4, the price rose to $19.65. This was a gain of $5.35, or +37%. Congratulations to everyone who bought […]

Scottsdale Precious Metals Lease #5 (Silver)

Scottsdale Precious Metals purchases high-quality vintage and new jewelry for resale online and through other channels. Monetary Metals’ lessors are financing additional inventory to grow Scottsdale Precious Metals’ business. This lease deal is a continuation of Lease #2 with additional ounces to fund business expansion. Metal: Silver Commencement Date: May 25, 2018 Duration: 372 days, […]

Open Letter to Warren Buffett

Dear Mr. Buffett, Let me start by saying that I am a great admirer of yours. What you and Charlie Munger have accomplished at Berkshire Hathaway is truly extraordinary. Today though, I want to talk to you about a very specific four letter word – gold. You’ve not been shy with your opinion about gold […]