Wednesday, November 20, 2019

Are You Ready For The Next Rally In Silver? – Craig Hemke

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by Craig Hemke, Sprott Money:

COMEX silver prices are largely unchanged year-to-date, despite a falling U.S. dollar and historically bullish CoT structure. So today we ask, are you ready for the next rally?

If the title of this post sounds familiar, it should. We posed a similar question regarding gold back in December, and you can review those posts here:

https://www.sprottmoney.com/Blog/another-tradable-…

https://www.sprottmoney.com/Blog/are-you-ready-for

Those forecasts of an early 2018 rally in gold prices turned out quite well, as COMEX gold bottomed near $1,240 on December 12 and then rallied to $1,365 on January 25. That’s almost exactly 10% in about six weeks.

GOLD & SILVER SALES JUST SPIKED 700% ON THIS NEWS!

from SGTreport:

The team from SDbullion.com joins me to discuss the news that caused precious metals sales to spike more than 700% on Monday. We also talk Bitcoin’s moon shot and Google’s blackout on truth. Thanks for tuning in.

**Buy 24 silver Britannia coins and get the 25th FREE!** https://sdbullion.com/2019-britannia-…

A Glimpse Of Precious Metal Mining’s Future: Hecla Buys Klondex For 59% Premium

by John Rubino, Dollar Collapse:

Big gold and silver miners have a problem: They’re evaporating. Each year they take more metal out of the ground than they discover, which brings them ever-closer to the end of the road. They know it and their shareholders know it, which means their stock prices tend to languish in the shadow of falling production and depressed future earnings.

The solution? Buy out junior miners sitting on resources big enough to arrest the majors’ decline. There aren’t that many such juniors, which points to a bidding war as the best are snapped up and the rest rise in sympathy.

Here’s an example that was announced a few hours ago:

MASSIVE RAID ON SILVER AND GOLD AT THE COMEX

CARMAGEDDON IN USA CAR INDUSTRY./4 STATES DO NOT HAVE THE REQUIRED BUDGET FOR 2018
from Harvey Organ:

In silver, the total open interest SURPRISINGLY ROSE BY 171 contract(s) UP to 201,056 DESPITE THE FALL IN PRICE OF SILVER THAT TOOK PLACE WITH FRIDAY’S TRADING (DOWN 2 CENT(S). AND THE CONSTANT TORMENT THESE PAST FEW WEEKS.

In ounces, the OI is still represented by just OVER 1 BILLION oz i.e. 1.0050 BILLION TO BE EXACT or 144{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} of annual global silver production (ex Russia & ex China).

FOR THE NEW FRONT MAY MONTH/ THEY FILED: 326 NOTICE(S) FOR 1,630,000 OZ OF SILVER

In gold, the total comex gold SURPRISINGLY ROSE BY 7873 CONTRACTS DESPITE THE FALL IN THE PRICE OF GOLD ($3.50 with FRIDAY’S TRADING). The total gold OI stands at 460,557 contracts.

we had 30 notice(s) filed upon for 3000 oz of gold.

Read More @ Harveyorganblog.com

What Will You Be Holding When The Dollar Dies?

from SGTreport:
Thanks for tuning in for this wide ranging update with the founder of Smaulgld, Louis Cammarosano.

DECEPTION & INTIMIDATION NO LONGER WORK — Bob Kudla

from SGTreport:

Bob Kudla the founder of Trade Genius joins me to discuss the worn out globalist play book which includes prop bombs and contrived caravans – and very little else. The hardcore Left Democratic party has nothing left to sell the American people aside from deception and intimidation, and those tactics are no longer working. You can almost smell their panic.

Mexican Libertad Coin Stackers Are Rare Indeed

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from Silver Doctors:

Within the bullion stacking community, and especially amongst modern day coin collectors, the Mexican Libertad coin series has a lofted value proposition with good reason.

Not merely here in gringolandia, but also south of the border. Over at SD Bullion, we learn a few reasons as to why the Mexican Libertad Coin‘s traditions run deep.

This week, new bullion Mexican Gold Libertad Coins went on sale and this post is a bit about our fellow brethren and sistren striking bullion in the heart of Mexico City.

A Popular Question

by Bill Holter, JS Mineset:

Because we have received a dozen or more questions on the same topic, I thought it might be a good idea to discuss. Michael Pento was recently interviewed by Greg Hunter They spoke about many topics including the silver/gold ratio. The questions we received were panicky in nature from holders of silver. Paraphrasing, “do you agree with Michael Pento that silver will not do anything on the upside if we enter a depression”?

I had not listened to the interview when the questions (mostly all the same) came rolling in. As a side note, rarely do I watch interviews or read opinion pieces from other authors. Not because I think I know it all, but because of the way I am wired. Explaining this, I am voracious for data and facts that I can use with past data and facts to form my own opinion(s). What good would it do if I simply parroted what others “believe”? While I am always open to other opinions or why my own may be wrong, it is important to me to be original and authentic in thought rather than repeat what others believe.

Is The Silver COT Bullish?

by Dave Kranzler, Investment Research Dynamics:

There’s been an abundance of commentary on the net long position of the “Swap Dealers” in Comex silver futures per the COT report. As of the latest COT report, the Swap Dealers are net long almost 22k silver contracts. This is unprecedented. At the same time, the “Large Speculators,” the majority of which is comprised of the “managed money” (hedge funds) sub-component, are net short nearly 17k silver contracts. The data my business partner tracks goes back to April 2004. In that period of time, the Large Speculator category has never been short until February 2018.

On the surface, the silver COT report appears to be extraordinarily bullish. However, there’s a bigger picture not discussed by “COT” analysts that includes the other segment of the large “Commercial” category and the COT structure of gold.

FAKE!!! – Bill Holter

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by Bill Holter, Miles Franklin:

Life is different than it used to be in many ways. The pace is certainly much faster. Making ends meet, or even getting ahead is much more difficult than was just 20 years ago. Information overload is another recent problem that did not used to exist. While I am thinking about it, the following is my opinion which as of now, I am still allowed?

The most obvious change has been “technology”. We now have cell phones (actually portable computers), computers, GPS in more efficient autos, movies and TV on demand, social media, etc. etc.. All of these things were supposed to make life more efficient and thus easier. I would say they have, and they also have not because of some of the unintended (intended) consequences. Just a simple example would be video games. Kids used to be outside all the time and playing games or sports, now they are glued to a screen “gaming”. Forget about the fact these kids grow up out of shape, gaming affects the way these kids think. I would submit it also affects the way parents think, so many today consider video games, hand held or otherwise as a free “babysitter”?

THE VAULTS ARE NEARLY EMPTY — David Jensen

from SGTreport:

David Jensen emailed me recently to say “all hell is breaking loose in the Palladium markets” and as David explains it, the unallocated paper precious metals Ponzi scheme may come unraveled once and for all due to what’s happening at the LBMA right now with Palladium. The NYMEX vaults are down to a mere 18,000 physical ounces and the Tokyo Commodity Exchange is down to just 600 ounces Palladium. This house of cards is collapsing. Thanks for tuning in.