Ed Steer

3 weeks ago | silverseek.com | Ed Steer |Jesse Colombo |Ted Butler

As a silver investor and analyst, I closely track copper because of its strong correlation with and influence on silver. Silver is unique in that it’s both a precious metal and an industrial one, with industrial demand making up about 55% of total usage. This gives silver price behavior that often mirrors copper, a purely industrial metal. Additionally, there are trading algorithms that arbitrage the silver-copper relationship, reinforcing their tight price connection.

2 months ago | silverseek.com | Jordan Roy-Byrne |Mike Maharrey |Ed Steer |David Chapman

The gold and silver markets have been riding a strong bullish trend, and according to Jordan Roy-Byrne, a Chartered Market Technician (CMT) and Master of Financial Technical Analysis (MFTA), the best is yet to come. In a recent interview on the Money Metals podcast with host Mike Maharrey, Roy-Byrne shared his insights on the trajectory of gold and silver, the role of technical analysis, and why he believes silver will soon outperform gold in the ongoing bull market.

Jan 18, 2025 | silverseek.com | Ted Butler |Ed Steer

About the author SUBSCRIBE: https://edsteergoldsilver.com/ Ed Steer’s Daily Analysis of the Gold and Silver Markets After eight years of writing about the precious metals for Casey Research, the folks at Stansberry & Associates—who just recently purchased controlling interest in the company—decided that my ‘niche market’ column didn’t fit into their plans.

Dec 9, 2024 | goldseek.com | Ed Steer

The gold price didn't do much of anything in early Globex trading overseas, but was then sold two quiet steps lower starting around 1:25 p.m. China Standard Time on their Friday afternoon -- and that lasted until minutes after 10 a.m. in London. Its rally from there ran into all kinds of 'resistance' -- and the short sellers of last resort really got serious at 11:55 a.m. in COMEX trading in New York...engineered it lower until around 3:10 p.m. in after-hours trading.

Dec 8, 2024 | silverseek.com | Ted Butler |Ed Steer

The gold price didn't do anything in the first hour or so of Globex trading in New York on Thursday evening, but began to creep lower starting just before the 9:00 a.m. Shanghai open. It was light's out at that point, with its low tick set minutes later. Gold came roaring back, but was capped the moment it broke above $2,640 spot -- and every time it broke above that mark up to and including its last time at noon in COMEX trading in New York, it got tapped lower.