Sprott Money News
Silver stalled at the confluence of the 50-day and 100-day moving averages at 17.42 and dumped.Read More
years ago, following a surge in the use of "Exchanges For Physical"
by traders at the COMEX, Eric Sprott asked me to begin tracking and recording
the daily totals for this practice as posted by the CME.
There has been precious little movement in metals and miners recently. We’ve been more or less going sideways, trapped in a range.Read More
Poland has announced another move that has surprised many in the bullion markets. While others simply nod their heads, acknowledging the trend that is now solidifying within the physical bullion markets.Read More
Suppressed interest rates provided corporations an estimated $128 billion in secret subsidies last year. That’s more than the Canadian government spent on health care and elderly benefits combined.Read More
still slowly trending lower for what seems like an eon, but such price action
after a truly massive rally is extremely bullish, imho.
The Federal Reserve continues to pump liquidity into the markets, rapidly expanding their balance sheets and flooding the system with cheap money.Read More
With just ten days remaining before the current front-month Dec19 contracts go off the board and into "delivery", it might be useful—after the gains we've seen in 2019—to look back and see where we were at this time in 2018.Read More
daily chart for Gold suggests the low will be in the low 1420s, with risk down
to 1340-1360 on a “worst-case” basis in the short-term.
Frédéric Bastiat, one of the forerunners of the Misesian school, said that in economics, what you don’t see can be more important than what you do.Read More
With the expected price pullback underway, what can we expect for the remainder of the month and into year-end? Will the price action continue to resemble 2010, or will it play out more like 2016 instead?Read More
Quantitative easing in the United States is alive and well. The markets know this, and they are surging higher in the fourth quarter as a result, creating an artificial move higher in the S&P 500.Read More
Gold broke its low of 1465 on October 1 to reach its lowest level since August 2.
Last week, we wrote about the pending price correction in COMEX gold and silver due to the extreme level of futures contracts issued by the market-making Banks. With price getting smashed thus far this week, it's time to explain again the dynamics of this tried-and-tested price manipulation technique.Read More