• Gold: 1,523.18 -1.35
  • Silver: 18.65 -0.04
  • Euro: 1.099 -0.000
  • USDX: 98.631 0.118
  • Oil: 58.51 0.06

Live Silver

Bid|Ask 18.65 18.66
Low|High 17.92 18.71
Change -0.04  -0.24% 
Sep 23, 2019 16:47:12 EST
1 mo +1.625 +9.54%
1 yr +4.4124 +30.98%
Low|High 13.89 19.65

Live Gold

Bid|Ask 1,523.17 1,523.36
Low|High 1,510.20 1,526.83
Change -1.36  -0.09% 
Sep 23, 2019 16:47:16 EST
1 mo +25.63 +1.71%
1 yr +324.3 +27.05%
Low|High 1,180.77 1,557.06

Gold-Silver Ratio

Bid|Ask 81.63 81.66
Low|High 81.47 84.27
Change -2.4333  -2.89% 
Sep 23, 2019 16:47:05 EST
1 mo -6.284 -7.15%
1 yr -1.9444 -2.33%
Low|High 78.88 93.44

Silver Edition

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SRSrocco, September 23, 1:24 pm

Since my last video update, the silver price has consolidated to a lower level. While I wasn’t surprised to see silver continue to correct, I do believe its only temporary before it begins a new leg higher. And, if we look at the COT Report for silver, there are some positive signs going forward. But, before I provide a preview on my newest video update, Silver Price Update & End Of A Silver Mining Era, I wanted to clarify my position on “technical analysis.” There seems to be a large group of precious metals investors that have a negative KNEE-JERK reaction when I post some charts on technical analysis. They say its a waste of time to consider technical analysis when the market is rigged or controlled by the bullion banks (JP Morgan), the Fed and central banks.

Hubert Moolman, September 23, 10:00 am

Yield curve inversions have historically been great for silver prices. Currently we are experiencing such a phenomena, and again it is evidence of conditions that are conducive to some impressive silver rallies. Below, is a long-term chart showing the spread between the 10-year Treasure Note Yield and the 3-month Treasury Bill Rate.

SilverCOTReport, September 20, 3:19 pm

COT Silver Report - September 20, 2019.

Theodore Butler, September 19, 10:27 am

By now, it would have been hard not to have read about the Justice Department’s landmark criminal indictments against three additional precious metals traders from JPMorgan. Two of the traders charged are current employees and include the head of global metals trading. The charges involve spoofing and market manipulation that extend back for nearly a decade. In a very serious turn, the Justice Department invoked the Racketeering and Corrupt Organization Act (RICO) and referred to the pattern of wrongdoing at JPMorgan as that of a criminal enterprise. I am grateful that the new charges validate virtually everything I have alleged about JPMorgan for more than ten years to the point where a subscriber quipped that the DOJ was plagiarizing my work.

Keith Weiner, September 16, 10:15 am

Was the attack on Saudi oil foreseen by market participants over a month ago? We doubt it (though we don’t know). But what seems clear is that the marginal market participant sees rising risks to be in the dollar, and is choosing to own metal. And at the current gold-silver ratio, the choice at the margin has been to hold silver. In addition to the growing risks of the irredeemable currencies, there is the problem of negative interest rates. Savers may be disenfranchised—i.e. unable to affect the interest rate—but they can dump the paper altogether in exchange for gold and silver.

Gary Savage, September 15, 11:07 pm

These (silver) moves go down usually as fast as they go up. But now silver is getting ready for a bounce:

SilverCOTReport, September 13, 3:16 pm

COT Silver Report - September 13, 2019.

Theodore Butler, September 11, 9:46 pm

Q: Any signs of a silver shortage? A: Sure, everywhere you look, starting with the silver ETFs which are suddenly not getting timely physical deliveries when due. It comes down to whether JPMorgan will let go of some of its physical stockpile.

SRSrocco, September 10, 7:58 pm

While I have no doubt there is an intervention in the precious metals markets, we must remember that the Fed and central banks are manipulating the ENTIRE MARKET with money printing, bond purchases, debt issuance, and zero (or negative) interest rates. However, the current price of gold and silver, even with the supposed market rigging, are still priced higher than their overall average production cost.

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