CPM Group’s 2022 Silver Market Forecast and Yearbook Launch Event – May 10th at 10am EDT

May 6, 2022

We are happy to be part of the CPM Group’s Silver Yearbook again this year. Jeff Christian will be on this Weekend’s Show to chat about silver and highlight the launch of the Silver Yearbook. In the meantime here is information on the launch event scheduled for May 10th at 10am EDT.


CPM Group will release its Silver Yearbook 2022 as part of the 2022 Silver Market Forecast at 10 a.m. EDT on 10 May 2022.

To pre-order the yearbook ahead of the release, click here.

Over the past 18 months the silver market has seen prices rise sharply to record levels and then decline significantly, perplexing many bullish observers. CPM’s research had predicted both the increase and decline. The factors behind both will be reviewed in the Silver Yearbook in detail and during the 2022 Silver Market Forecast briefing.

More important, the 2022 Silver Market Update will discuss CPM’s outlook for 2022 and beyond.

Many other trends emerged or developed in 2021 and early 2022.

  • The organization of retail investors
  • The Russian invasion of Ukraine
  • Inflation increased since February 2021
  • Interest Rates have begun rising after a long period of anticipation
  • There has been a reduction in liquidity and major market making capacity in the silver market
  • The more intense use of exchange traded funds by bullion banks
  • Investor demand is elevated for both physical silver and derivatives
  • The increased availability of inaccurate and misleading information, statistics, and commentary

All of these are analyzed and explained in the Silver Yearbook 2022 and will be discussed during the webinar. An expanded period for questions and answers will be available given the tremendous cyclical and secular changes that have been occurring in the silver market in 2021 and early 2022.

CPM Group’s Silver Yearbook 2022 contains detailed statistics on the international silver market. It includes analysis of supply and demand trends, bullion and futures market activity, central banks, investment demand, projections for the next year, and much more.

Click Here To Register.


We would like to thank and give recognition to our sponsors:

The Electrum Group
Endeavour Silver Corp
Europa Bullion
Gatos Silver
Gold and Silver Vault
Idaho Armored Vault
The Institute of Scrap Recycling
Kitco Metals
The Korelin Economics Report
Metallic Minerals Corp.
Monex Precious Metals
Minera Adularia International
Pan American Silver
Profit Plus Precious Metals
Profit Plus Capital Management
Sabin Metals
Silvercorp Metals
Southern Silver Exploration Corp
Sunshine Silver

    May 06, 2022 06:17 AM

    IPT’s daily TSI is the lowest it has been since the bear market. It is also reaching the lows the TSI hit during the 2008 crash.

    But even that is not a guarantee of a bounce.

    When its TSI hit the low in 2014, IPT just continued to drop more or less straight down while the TSI actually rallied, creating a massive divergence that continued all the way up until the bear market bottom 1.5 years later.

    In 2008, the TSI basically stayed pegged at that low level for months, as IPT crashed from $1.75 to $.30 in that span.

    I don’t think silver or silver miners have entered a new bear market, but this is certainly not exactly bullish action, even from a contrarian view, as it has gone a little too far to be considered a typical shakeout in a bull run. I think anyone completely ignoring at least the possibility that we are going to continue crashing can’t be taken credibly.

    We’ll see.

      May 06, 2022 06:08 PM

      Green, depressing viewpoint. I actually bought ipt last thursday as part of a third equity entry and it’s already down 1.5 cents. LOL
      Not to worry, still feel there’s a pony somewhere in this pile of ……….. if gold can hold this recent consolidation level.
      Next week we get some inflation news and of course let’s see how Putin’s parade shapes up.
      Any talkhead spin about potential moderation with inflation will have conventional market take a victory lap.

    May 06, 2022 06:19 PM

    I bought more IPT today for the first time in awhile. There’s nothing unusual about this its behavior. It consistently provides good leverage to silver and the larger cap silver miners on the upside AND (of course) on the downside. It remains among the best/safest of its peer group, don’t be fooled by the emotional peanut gallery.
    Yes, it could go lower but I won’t regret today’s purchase.

      May 06, 2022 06:22 PM

      This dip to a new low versus SILJ reminds me of the 2015/16 setup before IPT went from .11 to 1.28 in 7 months.

      May 06, 2022 06:50 PM

      Good IPT thread here guys. I was actually considering adding more to my Impact position today as well, but it’s already got a heavier weighting in my portfolio, and opted for adding to a few others for now. Still if these silver stocks keep correcting here in May, then it’s likely I’ll throw another on another tranche.

        May 06, 2022 06:26 PM

        Despite the bad looking weekly oscillators, I bet we will see the lows next week and then spend several more weeks “fixing” those bad oscillators.
        I expect IPT and others like it to lead the next rise for a change so it will probably bottom before the big stuff. For example, maybe today’s low was it for IPT and the rest will bottom on Monday or Tuesday. Or maybe shift that guess forward a day. We’ll see.
        Two fork supports were tested today:

          May 06, 2022 06:37 PM

          What about AXU, I’ve been looking at it with AISC less than half of IPT’s? Already loaded up with IPT.

            May 06, 2022 06:50 PM

            AXU is also pretty close to a low and just might have made a double bottom this week. If it does go lower, watch the .91 area.

            May 06, 2022 06:58 PM

            Terry I actually added more AXU to my position today. It’s been really beat up, and I know investors haven’t liked them being behind schedule getting ramped up to commercial production, or the recent capital raise, but they are now the only primary silver producer in Canada, and for those investors that want jurisdiction diversification in the silver stocks they are a solid choice. Also their resource is extremely high grade compared to most other silver producers or development projects and over time, the benefits of this will become more obvious to the market once they get a few more quarters of production under their belt. I believe AXU is a very easy 3-4 bagger from here over the next 18 months.

          May 06, 2022 06:00 PM

          Matthew – good points on IPT and other stocks like it leading the next charge higher, and possibly making the turn higher earlier than many other mining stocks. Usually Impact is a good canary in the coal mine as a leading indicator (to the upside and downside) and is prone to sniff out the trend early.

      May 06, 2022 06:54 PM

      BKRRF — 2nd tranche today @ $.5802, of course $.50 is the 3rd target ( BLACKROCK SILVER)

    May 06, 2022 06:29 PM

    The low for GDX today was one cent below (Stan Weinstein’s) rising 30 week MA but that new weekly MACD sell signal combined with today’s action make me think that we could see a dip below 32 on Monday or Tuesday. If so, I bet the week will still end above that 30 MA.

    May 06, 2022 06:01 PM

    I made my first purchase of IPT about 2 weeks ago at $.42 with a plan to purchase much more at lower prices. I waited for this since every PM I’m starting to purchase has to meet my criteria of a strong company with certain variables and long term charts that show 2 recent highs where if I purchase and prices reach those previous highs my returns will minimally be 100% with most of them 200%. An example would be IPT. In both the years of 2016 and 2020 the high price for IPT was approximately $1.25. When I finish my purchases my cost averages will be less then $.35. If we would have another similar run as 2016 and 2020, my increase would be about 350%. If I don’t purchase anymore and it runs again to $1.25 the returns would be about 200%.

      May 06, 2022 06:09 PM

      Hi Doc. Thanks for sharing the rationale behind how you are getting positioned in these beat up mining stocks, based on where they are trading in relation to previous price peaks. There is definitely plenty of upside from here in a stock like Impact Silver, where they can benefit on the operational side from any rising metals prices, and also have the hybrid nature of very big exploration upside at a number of different targets on their prolific land package. IPT has grown into one of my larger portfolio positions, but I’ve been trading around the core position since early 2016. At this point with dozens of trades in it each year, I’ve cycled through the FIFO process many times now for a nice win. Overall it has been a fantastic stock to trade due to it’s outsized moves to the upside and downside… I love that kind of volatility as an active swing-trader and position-trader.

    May 06, 2022 06:46 PM
    May 06, 2022 06:02 PM

    Glad to see Doc finally buying. Fake Dollar Gold Hole: MAGA shall explore such empty (TWITTER) space, the final frontier…