Category Archives: Gold & Silver

Silver & 3M

January 26, 2026 By in Gold & Silver, MMM, MMM-26-01, SIH26 Leave a comment

Top & Drop?

Was that it for silver?

Looking at the futures market (as of 6;35 p.m., EST), SIH26, price has recovered somewhat.

The level to watch is the last session low, 101.70.

Separately, we have 3M (MMM), posting a breakdown from a wedge on earnings, link here.

Price action attempted to recover late last week and into today; that retrace may be complete (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Newmont Nears Target

January 15, 2026 By in Gold & Silver, Gold Miners, NEM

Measured Move

Using standard classical analysis technique, Newmont, is nearing its wedge ‘measured move’ target (not advice, not a recommendation).

A ‘wedge’ formation, typically posts near the end of a long duration move, whether up or down.

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Silver’s Next Level

January 14, 2026 By in Gold & Silver, SLV

The ‘Straight-Up’ Part

Has silver already gone parabolic, or is that part yet to come?

The Fibonacci projections are noted as blue lines.

It’s clear, price action’s respecting those levels.

Next level is near SLV 115 (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

The Silver ‘Circus’

December 29, 2025 By in Gold & Silver, HL, HL-25-01, SILH26, SLV

From: ‘Buy at Any Price, to ‘Volatility’

Seems like just yesterday, it was ‘buy at any price’.

Now, it’s ‘volatility’, link here and here.

Looking at the futures (SILH26), it appears to be the typical commodity blow-off (not advice, not a recommendation).

Of course, as always, anything can happen; somehow, somewhere (over the rainbow), silver could recover.

Hitting The Margin

Let’s not forget, margin increases, here and here.

For now, for the bulls, it doesn’t look good.

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Silver … ‘It’s Different This Time’

December 28, 2025 By in Bert Dohmen, Ed Dowd, Gold & Silver, SLV

Deflationary Pressures

This is not 1980, or 2011, says the report at this link. Website, link here.

The premise for ‘it’s different’, is the demand for ‘physical delivery’.

The chart in yesterday’s post, showed tracking fund SLV, very close to its Fibonacci 161.8% projection, near 76.30.

If we refer back to recent interviews with Ed Dowd, and to some extent, Bert Dohmen, they both talk about the current bubble(s).

However, Ed Dowd in particular, discusses the potential for a ‘deflation scare’.

That in turn, allows a provocative thought:

Maybe, deflationary pressures are so intense, the only way to get a blow-off mania spike (this time), is to demand delivery and stress the infrastructure (not advice, not a recommendation).

The futures market opens, in about 10-hours.

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Silver’s ‘Terminal Velocity’

December 27, 2025 By in Gold & Silver, SLV 1 Comment

A Look Back

It’s not a stretch to say, silver stackers, fiat failure futurists, the ‘bugs’, YouTube grifters, et al., are at the peak of euphoric hysteria.

Some, have even gone catatonic.

Well, it really could be different this time.

If that’s true, then, the chart below is of no significance (not advice, not recommendation).

Silver SLV, Monthly

If we take the entire move of the past 17-years and look at the prior high, we get a ‘Ruh-Roh‘, Scooby feeling.

Going back to historical data from macrotrends, it looks like the current price spike bears more resemblance to 1980, than 2011.

That assessment (the spike) would make sense if this market is ‘alternating’.

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Miners, Reversal Set-Up

December 24, 2025 By in GDX, GDXJ, Gold & Silver, Gold Miners, JDST, JDST-15-17, JDST-25-18

The ‘Secret’ Lies, With The Action

At the top, the miners are hanging on; just barely.

While not discussed on this site, yesterday was a day trade in the Junior Miners (GDXJ) inverse fund JDST.

The thinking (yesterday) was, ‘today’s the day’.

Turns out, this morning’s session may be ‘the day’ (not advice, not a recommendation).

Junior Miners GDXJ, 15-minute

Note how the behavior of the first fifteen minutes ‘alternates’.

Yesterday’s 15-minute bar posted lower and continued for the next four bars before starting a recovery.

Today is different; straight down, no recovery (so far).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Miners, at The Edge (again)

December 21, 2025 By in GDX, GDXJ, Gold & Silver, Gold Miners, SIL, SILJ

Are We Close?

While the Senior and Junior Miners GDX, GDXJ printed higher for the week ended last Friday, the silver miners SIL and SILJ did not.

SIL price action is hanging just above resistance on momentum (MACD), that’s posting a bearish divergence.

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Silver Miners, on the Edge

December 16, 2025 By in Gold & Silver, SIL, SIL-25-01, SLV

Hovering, Just Above Resistance

Silver miners SIL, are at highs not seen in over a decade.

We already know, silver SLV, is at a Fibonacci projection and possible pivot, link here (not advice, not a recommendation).

It’s no stretch to say the media is screaming about silver ‘breaking its shackles’.

Oh, that’s just great.

If true, and with silver being such a thin market, then those ‘shackles’ may have kept the market organized, preventing massive, high volatility, low liquidity swings over the years.

I guess no one thought about that possibility. 🙂

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Silver … Targets and Projections

December 13, 2025 By in Gold & Silver, Livermore, SLV, Up-Thrust, Wyckoff 1 Comment

Does The ‘Correction’, Start Now?

More than a few ‘engineering’ types trading the market, will talk about getting over the need to know, ‘why’.

Why does Fibonacci work?

Why does price action alternate?

Why is the market moving, or not moving; why, why, why?

Marsha, Marsha, Marsha

The media of course, wants everyone to focus on why.

If you’re focused on why, then you’re at least two steps removed from the truth.

Asking the wrong question (why) and then, looking for the wrong answer.

Both Livermore and Wyckoff, did not concern themselves with ‘why’ … but ‘what’?

With that said, let’s take a look at ‘what’s’ going on with silver, SLV.

Silver SLV, Daily Close

Shown, are the lows of August 2020 to last Friday’s close.

A whole week of updates (maybe more) could be spent on this one chart: there’s that much going on.

We have Wyckoff springs, up-thrusts, price action alternation, Fibonacci levels, time correlations, volume spikes, and the list goes on.

For today however, the main take-away is that Friday was outside-down (key reversal) on heavy volume.

That reversal (so far) took place at the exact 261.8%, Fibonacci projection (not advice, not a recommendation).

As said in yesterday’s update, we could also be in a new paradigm where silver just keeps on going.

Next upside Fibonacci projection (423.6%) is near 83.50.

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279