Author Archive: Jeremy Parkinson
World’s Largest Silver Mines Suffer Falling Ore Grades & Rising Costs
The world’s two largest silver mines have seen their productivity decline substantially due to falling ore grades and rising costs. Gone are the days when silver mines could produce silver at 15-20 ounces per ton. Today, the Primary Silver Mining Industry is likely producing silver at an average yield of 4-5 ounces per ton. In my […]
Nobody Could Have Seen An Anonymously-Sourced Dovish ECB Article Coming On Monday
Well damn, who could have seen a “people familiar with the matter” story coming from the ECB? We spent all of last week digi-shouting about how Steve Mnuchin had just fucked Mario Draghi (and also Kuroda) with the “weak dollar” rhetoric in Davos. And Mario Draghi spent part of his post-meeting press conference on Thursday chastising […]
Hot Options Report For End Of Day – Monday, Jan. 29
Top tickers for end of the day: BUD, AAPL, CMCSA, AMD, WFT.
Is The Shine Coming Back To Silver?
Since gold and silver are “joined at the hip,” much of what is written about gold and the dollar in the parallel Gold Market update applies equally to silver, so here we will look mainly at the points that need to be made separately for silver. The first point that we will look at is that silver’s […]
Weekly Gasoline Price Update: Regular And Premium Up Four Cents
It’s time again for our weekly gasoline update based on data from the Energy Information Administration (EIA). The price of Regular and Premium were up four cents from last week. According to GasBuddy.com, California has the highest average price for Regular at $3.28 and Santa Barbara, CA is the most expensive city, averaging $3.42. South Carolina […]
More Treasuries Coming This Year With Less Buyers
Marc Chandler, Head Of Global Currency Strategy at Brown Brothers Harriman joins me while on a trip in Europe to recap what to look forward to this week in terms of data and news. We discuss the upcoming treasury announcement outlining the total treasury issues this year which is expected to be nearly double from […]
Stocks And Precious Metals Charts – The Wild Ones – Into The Void
Stocks were slumping today, taking a break from their recent parabolic rally higher, with a record setting lack of meaningful corrections. The precipitant was word that AAPL is cutting back on its manufacturing forecasts for the iPhone X. The equity market is frothy to say the least. It could still keep melting up higher. But […]
GDX Broke Above Its October 2017 High
SPX Monitoring purposes; Long on 1/23/18 & 2839.13. Monitoring purposes GOLD: Neutral. Long-Term Trend monitor purposes: Neutral. Momentum weakens first before it goes high in the market. In August and November 2017, there were minor highs, the RSI started making lower highs as SPY made minor new highs before a pullback started. The situation going […]
Nasdaq Volatility At Multi Year Highs
Video length: 00:14:37 Stocks take a hit today as interest rates continue to climb higher. In tonight’s important video newsletter you get a full analysis of the volatility in this market. Many key stocks are reporting quarterly earnings this week and the implied volatility is at levels not seen since 2016. Watch this video newsletter […]
Globally Synchronized What?
In one of those rare turns, the term “globally synchronized growth” actually means what the words do. It is economic growth that for the first time in ten years has all the major economies of the world participating in it. It’s the kind of big idea that seems like a big thing we all should […]
