Inside Take

What is silver ‘telling’ us?  Well, we’re experiencing something highly unusual in my long career of buying and tracking silver. So-called ‘junk silver’ which is pre-1965 US coinage (dimes, quarters and half dollars) used to trade at or often below the spot price of silver. If silver was $10 and ounce, you could buy silver […]

The Federal Reserve manipulates the markets.  All of them.  Stocks, bonds (of course) but also, in cahoots with other central banks, commodities such as energy and food, and the metals gold, silver, and copper. That’s what the price action suggests and what the CME Central Bank Preferred Incentive Buying Program confirms. This presents both opportunities […]

Uh oh. Now the fun begins.  Deutsche Bank’s stock price and Credit Default Paper are signaling that it’s next on the chopping block. Where Credit Suisse was a 3 on the ‘bad scale’ DB is a 9. As a side note, I’ve taken the extra step of putting this Inside Take through a program called […]

Here are my updated thoughts for the day.