Silver Headlines

The Fed says it is going to start buying individual corporate bonds, ability to buy up to $750 Billion

Under the latest guidelines, the Fed said it will buy, on the secondary market, individual bonds that have remaining maturities of five years or less. Those purchases will go along with the ETFs the Fed already has been buying, which are balanced toward investment-grade indexes but also include some junk bond funds that track debt which had been investment grade before the crisis but had been downgraded after.

All Systems Go: Silver And Platinum

Summary Silver and platinum are witnessing material buying the last several months, as represented by a number of technical indicators. Federal Reserve money printing has reached record levels in 2020, and Congress is looking into a 4th round of stimulus to offset the coronavirus recession. We may be close to a global monetary reset for the U.S. dollar, akin to the end of the WW2 Bretton Woods system during the early 1970s. The lagging monetary/industrial metals may perform smartly into…

Fed sees interest rates staying near zero through 2022

The Federal Reserve voted Wednesday to keep benchmark short-term rates near zero. In addition to the rates move, the Fed said it would keep buying bonds, targeting $80 billion a month in Treasurys and $40 billion in mortgage-backed securities. On the economy, the Fed sees GDP tumbling 6.5% in 2020 but bouncing back to a 5% gain in 2021.

The Silver Surge

Recently, silver has made a significant move – up about 20 percent in the last month – and trading just below USD$18 per ounce at press time. Simultaneously, investment in physical silver, in the form of silver bullion coins and bars, is expected to climb for a third consecutive year,

Money managers hike bullish silver positioning

Meanwhile, silver has far greater industrial applications, so benefited from the improving economic optimism, Flynn said. Further, the metal this spring was widely considered undervalued relative to gold, so likely drew some investment buying in its role as “poor man’s gold,” as it is often called.

Wall Street Week Ahead: Bond investors look for Fed to justify steepening yield curve

Who are the biggest holders of gold?

Orphaned silver is finding its parent

This article examines the prospects for silver, which has been overlooked in favour of gold. Due to the economic and monetary consequences of the coronavirus lockdowns and the earlier turning of the credit cycle, there is an increasing likelihood of a severe and sustained downturn that will require far more monetary expansion to deal with, favouring the prospects of both gold and silver returning to their former monetary roles. To understand the consequences for silver, this article draws…

Trend reversal in silver is coming: TD Securities bets long on silver

After reaching $19 in March 2021, TD Securities projects further gains that would see prices rise to $20.25 in the third quarter of 2021 and then to $21.75 in the fourth quarter of 2021.

Silver Takes A Break After Recent Upside Move

Silver is mostly flat today following the two-day major upside move. The market environment remains supportive for silver price upside as the U.S. dollar is under pressure, the stock market is optimistic while gold trades close to recent highs.