• Gold: 1,279.99 -0.17
  • Silver: 17.00 -0.04
  • Euro: 1.177 0.000
  • USDX: 93.701 0.191
  • Oil: 52 0.39

Silver Market Morning

New York closed at $1,732.00 the same now for three days. Asia and London are holing it at $1,730.75. The euro is still rising at rose in London’s morning to €1: $1.2914. The gold price was Fixed at $1,730.50 down $12 on yesterday morning and in the euro at €1,339.811 down €12 as the rise in the euro to $1,2919 held. Ahead of New York’s opening gold stood at $1,731.05 and in the euro at €1,340.44.

Silver Market Morning

New York closed at $1,732.10 the same as yesterday’s close. Asia and London took it higher to $1,736.17. The euro is still rising at rose in London’s morning to €1: $1.2862. The gold price was Fixed at $1,742.75 up $11.75 on yesterday morning and in the euro at €1,352.227 the same as yesterday as the rise in the euro to $1,2973 carried gold with it. Ahead of New York’s opening gold stood at $1,743.77 and in the euro at €1,349.67.

Silver Bars or Coins? What to Buy?

There is no “one size fits all” answer. Let’s examine the pros and cons for each group of investments. These are my opinions; do your own research and choose what works best for your circumstances.

Silver Market Morning

New York closed at $1,732. Asia and London held it at that level. The euro is still rising at rose in London’s morning to €1: $1.2802. The gold price was Fixed at $1,731.00 and in the euro at €1,352.766. Ahead of New York’s opening gold stood at $1,732.28 and in the euro at €1,354.03.

The Silver Streak has only just begun - James...

James Turk discusses silver in a new interview with MarketWatch, noting the huge upside-potential in the metal, as more and more people are drawn to it as an affordable alternative to gold. He expects the gold-silver ratio to fall to 30 next year, which – assuming gold has reached $2,000/oz – would mean a silver price of around $67/oz.

Investors in US Stockmarkets set up to be Fleeced

The latest COTs show Commercial short and Large Spec long positions for silver are at levels that in the past have marked reversal points. Could these readings get even higher? – anything is possible, they could fly off the scale, but this is clearly becoming an increasingly dangerous trade on the long side on a short-term basis at least.

Silver Market Morning

Another week and the gloss of last week is waning politically in the Eurozone. On the financial front the euro continues strong, now challenging the $1.28 level. The financial system feels safe in the arms of Draghi head of the E.C.B. but Wednesday may see a pullback in the euro if the German Constitutional Court stops the German government from backing the Eurozone rescue fund. Most think it will agree to the fund, but ‘there’s many a slip between cup and lip’. Greece’s political fight over more austerity measures may be the final straw. But we perceive that Greece will not leave the Eurozone but have to be made to leave if it is going to leave. That’s not on the table yet.

Greatest Silver Chart Of All-Time

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Silver Market Morning

New York closed at $1,700.30. Asia pulled it back to $1,692 but London then pulled it up again to $1,695 early in London’s morning ahead of the Fixing. The euro rose in London’s morning to €1: $1.2674 up 0.6 of a cent. The gold price was Fixed at $1,696.00 and in the euro at €1,337.750. Ahead of New York’s opening gold stood at $1,695.46 and in the stronger euro at €1,335.85.

Silver Market Morning

New York closed at $1,693.6. London and Asia lifted it over the $1,700 barrier to $1,703, before London took it higher ahead of the Fixing to $1.709.30. The euro rose in London’s morning to €1: $1.2614. The gold price was Fixed at $1,708.50 and in the euro at €1,355.092. Ahead of New York’s opening gold stood at $1,709.16 and in the euro at €1,354.54.