Is Another Oil Spike Ahead?
The analysis highlights that both WTI and Brent crude have formed triangle patterns that could precede a bullish breakout, especially if prices close above the $112‑$120 resistance zone. Meanwhile, the International Energy Agency warns that global commercial oil inventories are depleting rapidly, with projections of 7.6 bn barrels by June and a potential floor of 6.8 bn barrels by September if the Iran conflict persists. A decisive breakout would align technical signals with the fundamental supply squeeze, potentially reigniting price spikes that could affect inflation and related markets. Current WTI prices hover near the upper end of their historical range but remain below the 2008 and 2022 peaks.
U.S. Debt Exceeds 100% of GDP
U.S. publicly held federal debt reached $31.27 trillion at the end of March, putting the debt‑to‑GDP ratio at 100.2%, the highest level since World War II. The figure represents an eightfold increase from 2000 and sits $8 trillion below the total federal debt...
Counting Down to Silver’s Next Major Breakout
The author contends that silver is not in a busted bubble but in the early phase of a decade‑long bull market. A weekly COMEX chart reveals a triangle consolidation that historically precedes continuation rallies. A decisive breakout above the $121...
Gold & Silver Volatility Has Plunged
Founder Bob Coleman highlighted that the CBOE Gold ETF Volatility Index (GVZ) and the CBOE Silver ETF Volatility Index (SVZ) have fallen sharply from their early‑year peaks. The drop brings both indexes close to their 200‑day moving averages, a technical...
Where Metals & Miners Stand Now
Precious metals and mining stocks have moved from early‑year volatility into a quieter consolidation phase, signaling a healthier market rhythm. Gold remains in a robust uptrend, confirmed by an upward‑sloping 200‑day moving average that shows no technical damage. The Williams %R...
Bank of America Sees Silver Soaring to $135 to $309 This Year
Bank of America has projected a sharp rise in silver, setting a price target of $135 to $309 per ounce by the end of 2026. The forecast relies on a projected drop in the gold‑to‑silver ratio from its current 62...
An Interesting Setup in Copper & Silver
The author’s Synthetic Silver Price Index (SSPI) ties copper to silver, confirming that silver’s long‑term bull market remains intact despite a January correction. Copper recently broke out of an ascending triangle, a classic bullish pattern, reinforcing the uptrend. Because the...
The Money Supply Is Surging
The author argues that a secular bull market in precious metals began in April 2024, driven by a rapid expansion of the global money supply. U.S. M2 has surged by roughly $2 trillion, a 10% increase since its October 2023 low, coinciding with...
Silver Is Breaking Out
Silver has broken above the descending trend line of a recent triangle pattern, confirming a bullish shift after its correction from a $121 peak in late January. The metal remains above its upward‑sloping 200‑day moving average, indicating sustained momentum. Analysts...
What My Proprietary Indicator Says About Silver
The author revisits his Synthetic Silver Price Index (SSPI), a proprietary tool built from gold and copper data, to gauge silver's trajectory. The SSPI’s 200‑day moving average remains upward‑sloping, indicating an ongoing uptrend despite a two‑month pullback. Both the SSPI...
Where Metals & Miners Stand Now
In mid‑March, heightened Iran tensions triggered a sharp sell‑off in gold and mining stocks, which many analysts deemed an overreaction. The dip pushed gold into deep oversold territory, prompting a swift rebound as the 200‑day moving average stayed intact. Technical...
The Roadmap For Silver
Silver has entered the early phase of a secular bull market after breaking a multi‑decade cup‑and‑handle pattern in November. The breakout pushed the metal above its historic $50 resistance, which now serves as a solid support floor. Analysts project a...
The Key Precious Metals Charts To Watch Now
The author updates the key precious‑metal charts amid heightened market volatility driven by the Iran‑related oil price surge. Despite a sharp pullback, gold remains in an uptrend, as its 200‑day moving average stays upward‑sloping. The metal has become deeply oversold,...
The Dollar Is Trading Like a Petrocurrency
Since the U.S.-Israel conflict with Iran began in late February, the U.S. Dollar Index has risen sharply, pulling down precious‑metal prices. The dollar’s strength is tied to a parallel surge in crude oil, which jumped from the $60s to around...
Why It’s Still Early for Silver
The author argues that the silver bull market is still in its early phase, having surged 320% to a January peak and remaining up 206% after the correction. Using the same data‑driven framework applied to gold, the report projects the...