• Gold: 1,681.80 -1.24
  • Silver: 15.40 0.09
  • Euro: 1.094 0.000
  • USDX: 99.461 -0.098
  • Oil: 23.47 -2.7

Silver: Left Behind Today, But NOT Tomorrow

14 hours 33 min ago

The coronavirus is blamed for weak global demand and damaged supply chains. The Fed is worried. But central banking is part of the problem. Central banks created bubbles, and those bubbles crashed in 2000, 2008, and 2020.

September 5: Gold and Silver Edge Higher

Gold held near unchanged in Asia before it climbed up to $1198.00 in morning New York trade and then drifted back lower at times, but it still ended with a gain of 0.3%. Silver rose to as high as $14.231 and ended with a gain of 0.21%.

COMEX Silver To Test 2015 Lows

Putting this all together, we must once again warn precious metal investors and traders to avoid "catching the falling knife". Though it may appear that price is near a physical floor... and though it may appear that the CoT positioning is near historic levels... and though it may appear that the charts look oversold... none of this will matter if the emerging markets continue to melt down and China continues its regime of devaluations against the US$. In this scenario, COMEX precious metal prices will continue lower, despite all traditional metrics.

September 4: Gold and Silver Fall with Stocks

Gold traded mostly slightly higher in holiday-thinned trade yesterday before it chopped down to as low as $1189.80 by midmorning in New York today and then bounced back higher into midday, but it still ended with a loss of 0.48% from last Friday’s close. Silver slipped to as low as $14.007 and ended with a loss of 2.41%.

August 31: Gold and Silver Find Slight Losses on the Week

Gold gained $8.60 to $1208.80 in Asia, but it then chopped back lower in London and New York and ended with a loss of 0.09%. Silver slipped to as low as $14.487 and ended with a loss of 0.34%.

August 30: Gold and Silver Fall with Stocks

Gold fell $5.80 to $1200.50 in Asia before it bounced back to $1206.70 in London and then plunged down to $1196.50 by a little before 10AM EST, but it then chopped back higher into the close and ended with a loss of just 0.51%. Silver slipped to as low as $14.515 and ended with a loss of 1.36%.

DSLV Update…The Chartology of Silver

Today DSLV 3 X short silver etf, is breaking out from a possible bearish falling wedge. I’m going to take an initial position and buy 150 shares at the market at 34.74 with the sell/stop on a daily close below the 50 day ema which is currently at 30.06. ZSL is a 2 X leveraged etf if you don’t want all the leverage. DSLV can be pretty volatile so take small bites. A backtest to the top rail would come into play around the 34.15 area for a slightly lower risk entry point.

Silver Krugerrand Has Arrived!

This month, the silver bullion Krugerrand has been launched! It’s a really big development, as the Krugerrand is an iconic global brand. The gold Krugerrand was launched in 1967 as the first modern gold bullion coin. It enjoyed great interest, with the peak in 1978 when over 6 million ounces of Krugerrands were sold.

August 29: Gold and Silver Gain with Stocks and Oil

Gold saw slight gains in Asia and rose to as high as $1206.70 at about 9:15AM EST before it dropped towards unchanged by late morning in New York, but it then bounced back higher into the close and ended with a gain of 0.42%. Silver chopped between $14.66 and $14.789 and ended with a gain of 0.27%.

360 video: Take a look around the London Silver Vaults

Deep beneath Chancery Lane in central London are the London Silver Vaults, containing the largest retail collection of antique silver in the world. Use our 360 video to discover it for yourself.

Inflation is a Policy Decision

Relative to the DOW, silver prices are too low. Long-term the DOW and commodity prices will rise. Bankers and politicians profit from currency devaluations so inflation will continue. Silver prices bottomed in December 2015 but remain low compared to the DOW, M3, and national debt. M3 and debt increase exponentially. People will realize that debts can be paid only via default or devaluation. Silver will (someday) rise when investors protect their savings and retirements with inflation hedges.

August 28: Gold and Silver Fall Roughly 1%

Gold waffled near unchanged in Asia and rose to see a $4 gain at $1214.30 in London before it dropped to a new session low of $1207.10 by late morning in New York and then bounced back towards unchanged by midday, but it then fell back off again into the close and ended with a loss of 0.74%. Silver slipped to as low as $14.671 and ended with a loss of 1.08%.

These Indicators Are Predicting New All-time High Silver Prices

Since the 1999 Dow/Gold ratio peak, silver was only able to reach around $49, just short of the 1980 high of $50 (not so clear on the chart since it deals with monthly prices). This tells me that all-time highs are still coming. Interest rates are also a very important economic measure, especially for silver prices, as explained previously (explained for gold, but also applies to silver). A period after a major interest rate bottom is generally great for silver.

August 27: Gold and Silver Gain with Stocks

Gold saw modest gains in Asia before it fell back to $1203.30 in London, but it then jumped to as high as $1212.40 in New York and ended with a gain of 0.39%. Silver chopped between $14.747 and $14.914 and ended with a gain of 0.47%.

August 24: Gold and Silver Jump 2% to Close Out the Week

Gold soared $22.90 to as high as $1208.40 by midday in New York before it edged back lower in afternoon trade, but it still ended with a gain of 1.7%. Silver surged to as high as $14.87 and ended with a gain of 2.14%.

August 23: Gold and Silver Fall Almost 1% and 2%

Gold dropped $10.10 to $1186.50 in Asia before it bounced back towards unchanged in London, but it then fell back off again in New York and ended near its late session low of $1184.00 with a loss of 0.93%. Silver slipped to as low as $14.482 and ended with a loss of 1.76%.

Video: Is Silver Set for a Massive Breakout?

– Silver has been basically in a “volatility depression” (see chart) – Volatility has been “slowly decreasing over time … for years now” – Silver is “forming some sort of base” and “it is due for a massive break out” and this should “pull gold up with it”

August 22: Gold and Silver Hold Steady

Gold dipped $1.10 to $1192.90 in Asia before it rallied to as high as $1201.50 in early New York trade and then fell back off into the close, but it still ended with a gain of 0.22%. Silver rose to as high as $14.873 and ended unchanged on the day.

August 21: Gold and Silver Gain with Stocks

Gold gained $6.10 to $1196.30 in Asia before it dropped back to $1187.80 by late morning in New York, but it then bounced back higher into the close and ended with a gain of 0.32%. Silver slipped to as low as $14.72 and ended with a gain of 0.07%.

August 20: Gold Gains While Silver Dips

Gold gained $5.60 to $1189.80 in Asia before it drifted back to $1184.80 it late morning New York trade, but it then jumped to a new session high of $1190.90 in afternoon trade and ended with a gain of 0.51%. Silver climbed up to $14.845 before it fell back to $14.645 and then also bounced back higher, but it still ended with a loss of 0.41%.

Why Silver Could Replace The Dollar

Silver used to be a significant part of the monetary base in many countries. You could find it as part of monetary reserves together with gold, as well as coinage in circulation. Over the years that silver was demonetized (at least from the 1870s to roughly the 1960s), significant amounts of silver coins (official currency coins) were melted down and sold on the markets, together with silver bars (used as reserves). This brought us to today, where the amount of silver that is part of the monetary base is basically immaterial.

August 17: Gold and Silver Fall Over 2% and 3% on the Week

Gold chopped higher throughout most of world trade and ended near its last-minute high of $1184.40 with a gain of 0.9%. Silver rose to as high as $14.80 and ended with a gain of 1.16%.

August 16: Gold Edges Lower While Silver Bonces Back

Gold dropped $14.40 to $1160.40 in early Asian trade before it rose to see a gain of $7.10 at $1181.90 at about 5AM EST, but it then drifted back lower in London and New York and ended with a loss of 0.1%. Silver rose to as high as $14.829 and ended with a gain of 1.53%.

August 15: Gold and Silver Fall Roughly 2% and 4%

Gold drifted lower throughout most of world trade and ended near its late session low of $1173.20 with a loss of 1.63%. Silver slipped to as low as $14.367 and ended with a loss of 4.31%.

August 14: Gold and Silver Gain with Stocks and Dollar

Gold gained $5.30 to $1198.70 by late morning in New York before it chopped back down to $1192.20 by early afternoon, but then bounced back higher into the close and ended with a gain of 0.08%. Silver rose to as high as $15.107 and ended with a gain of 0.53%.

A Depressed Economy And A Silver Boom

The current bottoming pattern looks like triangle that broke down. However, it actually is very bullish although it still needs to find a bottom. The bearish look of the triangle is creating that perfect panic that is needed before price can go higher. The wise is buying right now while the fearful are selling. It only is important that price does not go lower than the low of 2015.

Market Report: FOMC minutes turned the tide

Following the release of the Federal Open Market Committee (FOMC) minutes last week, gold and silver have come alive, the gold price rising from a low of $1147 on 18th March to $1200 this morning and silver from $15.46 to $17.00, 4% and 10% increases respectively.

Fortuna Amends and Expands $40 Million Credit Facility

Fortuna Silver Mines Inc. (FVI.TO)(FSM) is pleased to announce that it has amended and expanded its existing $40 million revolving credit facility with the Bank of Nova Scotia. The new credit facility consists of a $40 million non-revolving term loan and a $20 million revolving credit facility. The $40 million term loan has a four year duration.

Crazy Is My Middle Name

“We have read that “the fix is in” regarding our financial system. Of course this is not true. The following are perfectly normal examples of sanity and intelligence that conclusively demonstrate that our modern banking and financial system is fair, healthy, sensible, stable, and equitable for all. If you don’t fully understand these, it is likely that you are a person of average intelligence who does not comprehend the complexity of our modern system.

SilverCrest Announces Surface Drilling Results at Santa Elena Mine

SilverCrest Mines Inc. (the "Company" or "SilverCrest") is pleased to announce results of the exploration and resource expansion drilling program completed in late 2014 at the 100% owned Santa Elena Mine in Sonora, Mexico . Twenty-one (21) drill holes, totalling 9,393 metres were completed to explore the western and eastern extensions of the Santa Elena Main Mineralized Zone ("MMZ") along strike and down dip as well as the adjacent Tortuga and El Cholugo Zones (See attached Figures). The results of all holes will be included in the Santa Elena Resource and Reserve update, scheduled to be released on March 31, 2015.

March 31: Gold and Silver End Slightly Lower in Mixed Trade

Gold dropped $6.79 to $1178.71 in Asia before it rallied back to $1190.56 in late morning New York trade and then fell back off into midday, but it then bounced back higher in the last couple of hours of trade and ended with a loss of just 0.11%. Silver rose to as high as $16.84 before it also fell back off, but it ended with a loss of just 0.36%.

Extremes: Expect Consequences-Part 2

The US strongly discouraged the AIIB (Asian Infrastructure Investment Bank) but when the UK, Germany and France ignored the strong request from the US and joined the AIIB, the US lost the gambit and position. From Zero Hedge, “But make no mistake, this is at best an example of Washington cutting its losses and at worst an outright surrender.” This is one more sign that other countries are considering dollar alternatives – an extreme change in our dollar-centric world.

Doug Casey: Signs of a Resource Sector Bottom

L: Well, Doug, we’ve seen another quarter of high volatility and significant world events. What strikes you as most important at present? Doug: Everything is still held together with chewing gum and baling wire, for which I’m grateful, considering what’s coming. It’s very clear to me that the global economy is in very much the same space as it was in 2007—in other words, on the edge of a precipice.

Precious metals hold their own over Q1

Gold priced in dollars hardly changed over the first quarter of 2015, but silver performed strongly, up 7%. In generally choppy markets across all asset classes silver was bettered only by the Nikkei 225 Index. This compares with the NASDAQ up 3%, the US long bond up 2.6%, and the Standard & Poors up 1%.

Silver Projection From Crude Oil and T-Bonds

The bottoms in the ratio and the major silver market bottoms for the past 15 years coincide almost exactly. Why? Aside from central bank management and High-Frequency-Trading concerns, crude represents real commodities and T-bonds represent debt based fiat paper currency. In simple terms it is a conflict between real commodities and paper debt. Silver represents real value and a physical commodity so a bottom in the real/paper ratio (crude to T-bonds) is consistent with bottoms in silver.

Silver Market Morning

New York closed at $1,208.20 up $13.10 on Friday in NY. Asia pulled it back to $1,205 with London taking it just below $1,200 ahead of the LBMA Gold Price. The LBMA Gold price was set at $1,197.85 down $4.05 on Friday’s level. The euro equivalent stood at €1,136.53 up €3.94 reflecting the rising dollar and the euro’s slipping. Ahead of New York’s opening, gold was trading higher in London at $1,199.30 and in the euro at €1,138.77.

Fortuna Reports Production of 1.6 Million Ounces of Silver and 9,739 Ounces of Gold for First Quarter 2015

Vancouver, April 13, 2015-- Fortuna Silver Mines, Inc. (NYSE: FSM) (TSX: FVI) is pleased to announce first quarter 2015 production figures from its two operating mines in Latin America, the San Jose Mine in Mexico and the Caylloma Mine in Peru. The company produced 1.6 million ounces of silver, 9,739 ounces of gold plus base metal by-products. Fortuna is on schedule to produce 6.5 million ounces of silver and 35.3 thousand ounces of gold or 8.6 million Ag Eq* ounces in 2015.

SilverCrest Announces Record Production in Q1, 2015

SilverCrest Mines Inc. ("SilverCrest" or the "Company") is pleased to announce record silver and gold production results for the first quarter ("Q1") of 2015 from its 100% owned Santa Elena Mine located in Sonora, Mexico . Record production of 1,349,527 ounces silver equivalent ("AgEq") for Q1 2015 is in line with 2015 corporate budget forecasts and the production guidance announced on January 15, 2015.

Silver and Gold Will Thrive Beyond Exponential Growth of Debt

When the reset comes, and it may be years away, would you rather hold assets that are based on debt, trust in a possibly insolvent counter-party, and denominated in the currency of an increasingly insolvent government and central bank . . . . or physical gold and silver? Do you trust real silver and gold, or unbacked paper assets based on the promises of self-serving politicians and central bankers? These should be easy questions to answer when you realize that exponentially increasing debt, expenses, and commodity prices all point to inevitable and serious financial and social trauma.

Another Silver Short Squeeze Looms

Back in March, Comex silver prices surged 13% in just 6 days as a massive Spec short position was squeezed. Could the same setup be appearing again, primed for squeezing later this month? It certainly appears that way. Recall first the circumstances surrounding the squeeze last month. Conventional wisdom held that the FOMC meeting of March 17-18 was going to precede some sort of announcement of an imminent Fed Funds rate hike. In anticipation, momo-chasing Spec fund money came flowing into the short side of Comex silver.

April 16: Gold and Silver End Slightly Lower

Gold waffled between $1207.53 and $1199.99 in early Asian trade before it edged up to $1208.89 at about 4AM EST and then dropped back to as low as $1195.54 by late morning in New York, but it then drifted back higher in early afternoon trade and ended with a loss of just 0.29%. Silver slipped to as low as $16.178 and ended with a loss 0.18%.

Market Report: PMs confined to tight trading range

Precious metal prices were broadly unchanged this week, confined to a tight trading range of $1210 to $1185 for gold and $16.60 to $16.00 for silver. There were several attempts by sellers to force prices to break down, but from the price action there appeared to be buyers waiting for the opportunity.

Gold, Silver, Yen & S&P Correlation

As you can see the smoothed graphs of monthly yen and monthly gold are similar. Over the last 8 years of gold prices rallying and crashing, the statistical correlation has been about 0.74. Since the all-time high in gold prices in August 2011, the yen-gold correlation has been an astonishing 0.96. Similarly, the smoothed graph of monthly yen and monthly S&P shows an inverse correlation. Yen down, S&P up, and Wall Street, the Fed, and the Bank of Japan are happy. The statistical correlation over the same 8 year period has been about negative 0.49. Since the all-time high in gold prices in August 2011, the yen-S&P correlation has been a negative 0.97.

Silver Market Morning

New York closed at $1,1201.80 up $5.90 on Tuesday in NY. Asia held it there and London tried to take it down as the dollar strengthened. The LBMA Gold price was set at $1,202.40 up $4.70. The euro equivalent stood at €1,120.29 down €5.36 while the dollar was stronger at $1.0784 against yesterday’s $1.0689. Ahead of New York’s opening, gold was trading lower in London at $1,202.80 and in the euro at €1,117.22.

The Silver Manipulation Solution : 17 Requirements for a Freely Traded Silver Market Structure

The silver market is broken and has been broken for a long, long time. Much longer than most people think although many people can finally SEE the problems with the market now as the paper market continues to distort the price of physical silver. It is silver derivatives and computer trading models introduced in the 1970's that really started to distort the market value and it has never been more distorted than it is today. Hundreds of Billions of silver derivative ounces are transacted by the bullion banks every year to steer and control the price of silver. This volume of silver trading dwarfs the tiny physical silver market that only provides a few hundred million ounces of physical silver to the market annually for investors to buy.

April 22: Gold and Silver Fall Over 1%

Gold bumped up to $1204.68 in Asia before it fell back to $1185.87 by late morning in New York and then bounced back higher into early afternoon, but it then drifted back lower into the close and ended with a loss of 1.25%. Silver slipped to as low as $15.70 and ended with a loss of 1.37%.

Silver Market Morning

New York closed at $1,186.80 down $15.00 on Wednesday in NY. Asia again lifted the gold price to $1,189 and London held it there. The LBMA Gold price was set at $1,187.75 down $14.65. The euro equivalent stood at €1,105.71 down €14.58 while the dollar was weaker at $1.0742 against yesterday’s $1.0784. Ahead of New York’s opening, gold was trading lower in London at $1,190.20 and in the euro at €1,107.42.

Rock-Paper-Silver

The old game is Rock-Paper-Scissors in which rock breaks (wins against) scissors, scissors cuts (wins against) paper, paper covers (wins against) rock. The game is balanced with wins, losses, and draws.

Silver - Four Years Later

Based on the 30 year ratios to the S&P 500 index, gold, and crude oil, silver is currently inexpensive. The High-Frequency-Traders can push prices lower or higher quite easily so this analysis says little about what silver prices will do next week or next month, but it clearly says that in the long-term silver prices are low and likely to rise significantly in the next few years.

Silver and NASDAQ – Long, Medium and Short Trends

Courtesy of the High-Frequency-Traders and a wave of digital “money printing” the NASDAQ closed at a new high on Friday the 24th – a 15 year high. Silver, on the other hand, has been crushed – the near all-time high was 4 years ago. In this tale of two markets, we examine the silver to NASDAQ ratio over the long and medium term for clues about their next major moves.

Great Panther Silver Reports First Quarter 2012 Financial Results

"First quarter revenue was directly in line with our expectations, considering the lower production and metal prices compared to Q1 of last year," stated Robert Archer, President and CEO. "This was also a timing issue for us related to a shipment of concentrate to a new smelter where the revenue will be recognized in Q2 this year. With the addition of this new customer, we have secured contracts for the sale of our concentrates for our 2012 planned production."

Silver Market Morning

iShares Silver Trust: 9,516.40 tonnes

iShares Silver Trust: 9,516.40 tonnes

Silver Market Morning

New York closed higher at $1,593.00 and at London’s early morning fall back to $1,578. The euro was stronger at the time London at €1: $1.28 before falling back to €1: $1,2776. It Fixed at. The euro was weaker at €1: $12770, where it was when the morning Fixing took place. In the dollar it Fixed at $1,575.75 and in the euro at €1,233.947. Ahead of New York’s opening gold looked almost the same at $1,575.50 and in the euro, €1,235.67 while the euro was at €1: $1.2750.

May 23: Gold and Silver End Only Slightly Lower

Gold reversed early losses in Asia and bumped back up to $1564.42 in early New York trade before it fell all the way back to $1533.50 by a little after noon EST, but it then stormed back higher in late trade and ended with a loss of just 0.36%. Silver slumped to as low as $27.122 before it also rallied back higher and ended with a loss of 1.03%.

Silver Market Morning

New York closed higher at $1,561.20 and at London’s early morning fell back to $1,556. The euro was weaker at the time London at €1: $1.2560 before holding that level at €1: $1,2562. It Fixed at $1,558.50 and in the euro at €1,239.265. Ahead of New York’s opening gold stood at $1,562.00 and in the euro, €1,242.14 while the euro was at €1: $1.2575.

iShares Silver Trust: +25.09 tonnes

iShares Silver Trust: +25.09 tonnes

Silver Market Morning

Gold closed higher at $1,575.40 and in London’s early morning rose to $1,577.80. The euro was slightly weaker in London at €1: $1.2539 50, cents lower. It Fixed at $1,573.75 and in the euro at €1,255.666. Ahead of New York’s opening gold stood at $1,572.30 and in the euro, €1,254.93 while the euro was at €1: $1.2529.

Silver Market Morning

Gold closed in New York at $1,562.10 down $2.70 and in London’s early morning fell to $1,560.60 the same as yesterday. The euro stood at €1: $1.2364 another 30 cents lower than yesterday. Gold Fixed at $1,552.50 down $15 and in the euro at €1,259.370 down €3. Ahead of New York’s opening gold stood at $1,552.15 and in the euro, €1,259.45 while the euro was at €1: $1.2324.

June 4: Gold and Silver End Slightly Lower; Miners Gain

Gold saw slight gains in Asia and waffled near unchanged in London before it fell $13.21 to as low as $1608.99 by late morning in New York, but in then bounced back higher in late trade and ended with a loss of just 0.11% Silver slipped to as low as $27.99 and ended with a loss of 0.74%.

COMEX Silver Inventory Update: +596,793.03 ounces

COMEX Silver Inventory Update: +596,793.03 ounces

Silver Market Morning

Gold closed in New York at $1,618.80 and in London’s early morning rose slightly to $1,619.75. The Fixing in London today was set at $1,619.00 up $6.25. In the euro it was set at €1,289.834 up€6.7. Ahead of New York’s opening gold stood at $1,620.68 and in the euro, €1,288.30 while the euro was at €1: $1.2580.

June 14: Gold and Silver End Mixed Again

Gold jumped up to $1627.84 by a little before 8:30AM EST before it dropped back to $1610.33 in the next hour of trade, but it then rallied back higher into the close and ended with a gain of 0.34%. Silver slumped to as low as $28.21 before it also rebounded, but it still ended with a loss of 0.62%.

Silver Market Morning

Gold closed in New York at $1,624.30. The Fixing in London today was set at $1,619.00 the same as yesterday morning. In the euro it was set at €1,289.834 again the same as yesterday. Ahead of New York’s opening gold stood at $1,624.50 and in the euro, €1,287.85 while the euro was at €1: $1.2614.

Chinese buy London Metal Exchange in £1.4bn takeover

One of Britain's last great independent financial markets has agreed to sell itself to China. The 137-year-old London Metal Exchange has agreed a £1.4bn takeover from Hong Kong Exchanges and Clearing (HKEx) after a nine-month auction process which saw bids from InterContinental Exchange, CME Group and NYSE Nasdaq.

COMEX Silver Inventory Update: -46,153.841 ounces

COMEX Silver Inventory Update: -46,153.841 ounces

Silver Market Morning

Gold closed in New York at $1,606.40 down $13. The Fixing in London today was set at $1,600.00, stronger than expected. In the euro it was set at €1,261.$432. Ahead of New York’s opening gold stood at $1,600and in the euro, €1,269.96 while the euro was at €1: $1.2681, only slightly weaker.

iShares Silver Trust: 9,821.45 tonnes

iShares Silver Trust: 9,821.45 tonnes

June 21: Gold and Silver Fall Over 2% and 4%

Gold fell to as low as $1564.57 and ended with a loss of 2.5%. Silver slipped to as low as $26.849 and ended with a loss of 4.13%.

Silver Market Morning

Gold closed in New York at $1,598.70, up $20. Asia took it back down to $1,592 ahead of London’s opening, while the euro stood at €1: $1.2516, holding Friday’s gains. Gold had risen 17 showing strength in all the main currencies over last week. The gold Fix was set at $1,596.25 and in the euro €1,263.256. Ahead of New York’s opening, gold stood at $1,591.20 and in the euro, €1,261.76 while the euro was at €1: $1.2611.

Silver Market Morning

Gold closed in New York at $1,598.70, up $20. Asia took it up to $1,606 ahead of London’s opening, while the euro stood at €1: $1.2602. The gold Fix was set at $1,608.50 and in the euro €1,278.312. Ahead of New York’s opening, gold stood at $1,609.65 and in the euro, €1,279.23 while the euro was at €1: $1.2583.

SilverCrest's Santa Elena Mine Expansion Continues on Schedule

SilverCrest Mines Inc. (SVL.V)(STVZF) (the "Company") is pleased to announce an update on activities for the Santa Elena Mine Expansion Plan and the ongoing Phase II La Joya drill program in Mexico. The Santa Elena Mine expansion remains on schedule, targeting a 100% increase in metal production commencing in 2014. Resource definition drilling and extensive metallurgical test work continues at La Joya with an anticipated Q4, 2012 resource update. The most significant activities are outlined below.

COMEX Silver Inventory Update: +1,015.40 ounces

COMEX Silver Inventory Update: +1,015.40 ounces

Ignore Today’s Noise In Sprott Silver Fund

If you own the Sprott Physical Silver Trust (PSLV) and are eyeing this closed-end fund’s outsized drop today, try not to fret. The follow-on offering that’s driving the fund lower than silver futures and the big silver ETF today was sold at a premium to yesterday’s net-asset value. The extra cash will help shareholders in the future.

Dia Bras continues to achieve record production results in the second quarter of 2012

Dia Bras Exploration Inc. (DIB.V) (DIB.V) (" Dia Bras " or the "Company") is pleased to announce its production results for the second quarter of 2012.

Article Comments

Silver News by Type

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

Live SilverSeek Map