Oren Elbaz

- We have record high household debt in the US. - The dollar index is down. - The national debt is 37.14 trillion. #silver #nationaldebt

Yesterday I wrote "I don't know what the shorts will throw at us today". Well, they threw the kitchen sink at us, that's what! The reason for that is clear. They wanted to negate the breakout above this rising resistance line, connecting the highs since 2023 (blue), which I…

Human beings are nothing but savage apes, with a glimmer of rational intelligence. When we are calm and collected, our intelligence shines and we are capable of truly marvelous things. But allow the ape to take over, with its anger, violence, envy and greed, and we instantly turn…

So a few days ago I argued that silver was forming another short term cup and handle, and I got some flack for it. Yes, I know it's not a textbook cup and handle, but this is the real world, not a textbook. And yes, I know that this is just a tiny, short term cup and handle,…

It saddens me to say so, but propaganda works. Even intelligent people will believe the most ludicrous propaganda, if it is repeated often enough in the main stream media. Once they have been sufficiently brainwashed, there is no point in trying to reason with them. The opposing…

Technical update on silver. The breakout above the resistance line connecting the tops since 2023 has been rejected for now (or should I say tamped down?). This is not the end of the story. If the public wants silver, they will buy it, and the line will be crossed once more.…

It just dawned on me, that copper could be setting up for a spectacular reversal. After setting new all time highs at almost $6 per pound, the price of copper is close to the top of this rising multi-decade channel. Given my bleak outlook for the global economy (I called for a…

What exactly is the #silversqueeze ? How will it unfold, and what implications will it have on the broader economy? On this new episode of the silver hermit podcast we make some wild predictions! youtu.be/G8w9ZhMDFrc

You grow rich by picking up undervalued assets, not by chasing overvalued ones. It is sad that so few people realize this nowadays. Get yourself some physical silver. It's the most undervalued asset in the world.

Marching everyone away from silver and gold while the banks swoop it up.

OK, this is insane. The Shiller P/E ratio appears to be breaking out of this 25 year long down trend. The Shiller P/E, also known as the CAPE ratio, is an indicator developed by prof. @RobertJShiller. It is calculated as the price of the S&P 500 index, divided by the average,…

There is a genocide taking place right now. No, I'm not talking about the fake genocide in Gaza. I'm talking about the real one, which the Syrian jihadists are conducting against the Druze minority in the region of Sweida. How do you know the first one is fake and the second one…

It appears that WW3 will look nothing like WW2. I'm not talking about technologies, such as ultrasonic missiles or drones. I'm talking about the character of the combatants themselves. In WW2 those were nation states which were battling each other, each with a more or less…

Am I the only one seeing this? Bitcoin - the negative divergence on the RSI continues. This could mean that the recent breakout was a false one.