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Home / Tag Archives: Precious Metals

Tag Archives: Precious Metals

Warren Buffett Shorts The Economy

  The Sage Does a 180 The big news in the monetary metals is that Warren Buffett — famed disliker of gold — sold bank stocks to buy gold mining shares. What is interesting to us is not that we think he has any special powers to predict the gold price. After all, he famously bet on silver, and lost. GOLD, daily, over the past two years. The Sage is a bit late to the party, but his entry confirms that the sector is now entering the...

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Silver Explodes — But Why? Precious Metals Supply and Demand

  Explosive Days in Silver The silver market witnessed another explosive day! At midnight (in London), the price of the metal was $26.90. By 9pm, it had rocketed up to $28.95, a gain of 7.6%. This is not normal. But then, we are not in a normal world. After several years of going nowhere and a downside fake-out in March this year, silver has come to life rather dramatically… [PT] The Republicans are spending like drunken Modern...

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Silver “Scarcifies” – Precious Metals Supply and Demand

  On Monday, Silver got Scarcer – and Simpler On 23 July, we said: “Well, it’s complicated.” The action on 27 July was not. Silver spot price vs. September basis Notice the big drop in the basis starting around midnight (London time). It falls from over 7% to under 2%. To refresh: Basis = Future(bid) – Spot(ask) For the first two and half hours, the spot price is not moving. So, the only way the basis can drop is if the price of...

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An Excellent Seasonal Buying Opportunity in Silver Lies Directly Ahead

    Gold’s Little Brother Today I want to put a popular precious metal under the magnifying glass for you: silver. Silver, often referred to as the “little brother” of gold, has a particularly interesting seasonal pattern I would like to share with you. Shiny large good delivery door stops made of silver – about to enter interesting seasonal phase. [PT] Silver’s seasonality under the magnifying glass Take a look at the seasonal chart...

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In Gold We Trust, 2020 – The Dawning of a Golden Decade

  The New In Gold We Trust Report is Here! The In Gold We Trust 2020 report by our good friends Ronald Stoeferle and Mark Valek was released last week. It is the biggest and most comprehensive gold research report in the world. As always it contains a wealth of new material, as well as the traditional wide-ranging collection of charts and data that makes it such a valuable reference work for everything of interest to gold investors or...

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Investing in the Post-Corona World

  Incrementum Advisory Board Discussion of April 8, 2020 with Special Guest Rick Rule The Incrementum Fund’s Advisory Board held its quarterly meeting on April 8. This time renowned resource stock investor Rick Rule, the President and CEO of Sprott US Holdings Inc., joined the discussion as a special guest. As always, there is a download link to a transcript of the conference call in PDF format at the end of this post. Rick Rule, CEO...

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Gold Stocks – A Show of Strength

  Gold Sector Outperforms Broad Market The gold sector is in an uptrend since September 2018. The initially rather labored move accelerated after a secondary low was established in May 2019 and the 50-day and 200-day moving averages were breached for the second time. Last week the two moving averages were once again overcome in the course of the post-crash rebound. Here is a chart showing the entire move since 2018: After a rather...

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Silver Backwardation Returns – Precious Metals Supply and Demand

  Big Moves, Widening Spreads 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. Despair at the Unjustly Injured Gold Bugs Anonymous meeting… [PT] 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 here. We provide both the...

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The Strongest Seasonal Advance in Precious Metals Stocks Begins Now

  Bonanza Season In the 18 December 2019 issue of Seasonal Insights I discussed the strong seasonal advance in precious metals around the turn of the year. In silver it begins in mid December and continues until the end of February. A roughly similar pattern can be observed in platinum and palladium, while seasonal buoyancy is at least to some degree evident in gold as well. Long-term silver and platinum seasonal charts from the late...

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Opportunities in the Gold Exploration Sector

    An Unloved Sector We rarely discuss individual stocks in these pages, but we make an exception now and then when we spot exceptional opportunities. This time the reason is actually more mundane: the vast majority of gold exploration stocks failed to benefit from the rally in precious metals prices last year. As a result many of them came under even greater pressure in the tax loss selling season at the end of the year. We made a list...

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