• Gold: 1,471.29 1.44
  • Silver: 16.96 0.00
  • Euro: 1.118 0.005
  • USDX: 96.791 0.055
  • Oil: 59.75 0.37

Live Silver

Bid|Ask 16.96 16.97
Low|High 16.84 16.98
Change 0.00  0.02% 
Dec 13, 2019 05:26:38 EST
1 mo -0.0018 -0.01%
1 yr +2.2182 +15.05%
Low|High 14.29 19.65

Live Gold

Bid|Ask 1,471.35 1,471.41
Low|High 1,464.82 1,473.38
Change 1.50  0.1% 
Dec 13, 2019 05:26:40 EST
1 mo +7.79 +0.53%
1 yr +228.84 +18.42%
Low|High 1,232.94 1,557.06

Gold-Silver Ratio

Bid|Ask 86.71 86.76
Low|High 86.51 87.01
Change -0.0282  -0.03% 
Dec 13, 2019 05:26:40 EST
1 mo +0.4523 +0.52%
1 yr +2.458 +2.92%
Low|High 78.88 93.44

Silver Edition

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Theodore Butler, December 12, 9:12 am

A new thought occurred to me about the extraordinary circumstance of the explosion of Federal Reserve accommodation in the repurchase (repo) market that erupted in mid-September. I’d be lying if I claimed to understand exactly what’s going on, except to know that truly astounding amounts of money (many hundreds of billions of dollars) are involved and that certain facts seem clear. Most reports point to JPMorgan as being at the heart of the expanding repo drama. Up until now, there has been no suggestion that the repo drama burst onto the scene by other than financial preconditions being ripe for the crisis to have erupted. What follows is unadorned speculation about a possible connection or motive between JPM’s role in gold and silver and the developing repo saga.

Clive Maund, December 12, 9:08 am

On the 6-month month we can see how it has been stumbling lower within a downtrend and it looks like it will break down through the lower boundary of this downtrend to drop to a final downside target probably at support in the $15.30 - $15-60 area. It outperformed gold during the Summer runup and has underperformed on the subsequent reaction, which is normal, and as we know, silver is weaker than gold during the early stages of a bullmarket, so this near-term downside target seems reasonable.

SilverCOTReport, December 6, 3:14 pm

COT Silver Report - Dec 6, 2019.

SRSrocco, December 6, 5:46 am

The debate on the amount of above-ground silver stocks is completely meaningless when we compare it to the value of global assets. It is also true when we compare the estimated above-ground stocks of gold versus silver. While there may be more silver held in the world than industry analysts have forecasted, it’s still a mere fraction compared to global assets. Recently, Jan Nieuwenhuijs of Voima Gold, formerly known as “Koos Jansen” at Bullionstar, wrote an article titled, “How Much Silver Is Above Ground?” I had several followers email me this article and asked my opinion. So, I thought it best to put out my own commentary to set the record straight.

Gary Christenson, December 4, 8:51 am

The “Deep State” has been a high-profile topic for several years. Opinions are divided and strong. Those who benefit from the Deep State power and influence support the Deep State and fight against its opposition. Others think it’s the cause of much that is wrong in the world. Rather than wade into the debate, consider the wit and wisdom of Bill Bonner regarding the Deep State..

SilverCOTReport, December 2, 3:20 pm

COT Silver Report - Dec 2, 2019.

Adam Hamilton, November 29, 11:06 am

The bottom line is the major silver miners had an incredible Q3, despite silver’s anemic rally straddling that quarter compared to gold’s. The higher prevailing silver prices combined with lower costs still worked wonders for silver miners’ profitability, both implied as an industry and actual per GAAP earnings. That drove radical fundamental improvements in the silver miners, even as they continued diversifying into gold. But silver’s recent upleg was truncated way before silver-stock prices really started to reflect the miners’ wildly-better fundamentals. That portends big outsized silver-stock gains during silver’s next upleg. As long as prevailing silver prices continue advancing on balance with gold’s secular bull, the silver miners are going to keep looking better and better fundamentally. Their upside potential is massive, well worth riding.

Chris Marcus, Arcadia Economics, November 27, 9:42 am

With no end to Federal Reserve easing in sight, what will the reaction be in the gold and silver markets? Jim Willie, editor of TheHatTrick Letter on The Golden-Jackass.com talks about whether we might see a moonshot in the precious metals markets, the possibility of large bank failures, and how the debt bubbles get resolved. Jim’s had quite a track record of forecasting over the years, and is darn fascinating to listen to. So to understand what’s coming before the rest of the market figures it out, click to watch the interview now!

SRSrocco, November 27, 8:27 am

Endeavour Silver’s most profitable mine will be shut down indefinitely by the end of November due to the exhaustion of mineral reserves. All employees will be laid off, and the mine will be put on care and maintenance. The El Cubo Mine will continue milling operations for a week in December to process the remaining stockpiles of ore. This is quite a shame because El Cubo Mine was Endeavour Silver’s most profitable primary silver mine, or so they say. According to the company’s recent November Investor Presentation, El Cubo Mine has been operated continuously for the past 165 years

SilverCOTReport, November 22, 3:17 pm

COT Silver Report - November 22, 2019.

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