Skip to main content
loading
loading

Silver Headlines

Silver Futures: The Perfect Storm? (Investing)

November 01, 2020

That’s what many expect. Speculations are getting wild about election results and how they affect the markets. Many other aspects come into play and a heated emotional debate is in play since one’s political affiliation might trigger more emotions…. Stop! Any debate in one’s mind is not helpful for market play. Surprise news typically initiate perfect storms in the market. This is not the case right now. We don’t have certainty in who will be president just yet, but there are plenty of…

Vancouver company digs deep on due diligence in effort to revive historic Ouray silver mine

October 28, 2020

In a basin high above Ouray’s bustling tourist shops and hot springs pools, one of the precious metals that birthed this town and fired up its early boomtown days, is readying for a comeback. The first major silver mine in the San Juan Mountains in at least 80 years is on course to be in production next spring. Aurcana Silver Corp., a Vancouver company that owns Ouray Silver Mines Inc., is deep into pre-production work at the Revenue-Virginius Mine,  one of the largest and oldest…

Could We See $40 Silver Within the Next 12 Months? (GoldSeek)

Citigroup estimates silver could surge to $40 an ounce in the next 12 months due to a recovery in industrial demand and strong investor appetite for precious metals. Analysts including Max Layton wrote in a note that silver will outperform gold because it is “more levered than gold to inflation overshoots, rebounding manufacturing activity.”

Silver Seeker Report Issue #36 ~ This Week In Mining: Catalysts on the Horizon

The metals remain in a trading range as do the mining stocks likely due to the both the upcoming election and the announcement of the next stimulus bill, which is coming closer to both parties agreeing on. I don’t think we will get one before the Nov 3rd.

If You Can't Beat 'Em, Join 'Em (GoldSeek)

October 22, 2020

Suddenly it seems that nearly all of The Banks and Bullion Banks are raising price forecasts and rallying around the precious metals. Is this a good thing or a bad thing?

Silver & Gold Seeker Report #35: This Week In Mining: Production Numbers Overload

This was another week full of production results from gold and silver producers. This is far and away the most companies I’ve ever seen reporting quarterly production numbers instead of waiting until earnings. Again, this is likely because investors who know production numbers ahead of earnings could lead to buying earlier, pushing up stock prices.

Gold and Silver Set for a Breakout?

October 15, 2020

Silver has taken a lot of signal for gold and while more volatile. The news cycle effecting gold has resulted in a number of false breakouts for silver that caught a number of technical traders by surprise. We have seen a breach of the long established trend support line that never turned in to a further move to the downside and a break to the topside as traders tried to digest and second guess the stimulus package news. Today silver is looking a bit heavy and another close below trend…

Silver an “Obvious Beneficiary” from Government Stimulus (GoldSeek)

The best performing precious metal for the week was silver, up 5.97 percent, perhaps related to Goldman Sachs suggesting investors go long with the boost seen from a greater expansion of solar energy. Gold rose for a second straight day on Thursday on hopes that Congress will provide another round of stimulus for the economy. The yellow metal was then up 2 percent on Friday morning on a weaker U.S. dollar.

Silver’s Best Quarter Since 2010, up a massive 27.62 percent

Silver had its best quarter since 2010, up a massive 27.62 percent for the three months ended September 30. Gold also had a strong quarter, up 5.89 percent despite a weak September. Holdings in gold-backed ETFs saw an eighth straight quarter of expansion. So far in 2020 they have added around 860 tons.

Kootenay Silver Drills 1.5 m of 773 g/t Ag at Columba

James McDonald, President and CEO of Kootenay stated: “We are excited about the resource and grade potential of these breccias and stockworks because they offer potential for both high grades and large tonnages.

Subscribe to Silver Headlines

Newsletter Signup

Join the Free Weekly Silver Review!
SilverSeek.com week in review delivered direct to your inbox!