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Silver Market Updates

Surging Mining Stocks Point to Big Move Ahead in Gold and Silver

April 12, 2016
By SilverSeek

The silver market appears to be gaining momentum, but spot prices remain well below their highs from last year.The gold:silver price ratio remains elevated at 79:1. As recently as 2011, gold sold for 32 times the price of silver, and historically it has often sold for 16 times or even as low as 10 times the silver price.

Silver Bullion Surges 8% In 6 Days To Over $16 Per Ounce

April 12, 2016
By SilverSeek

Silver bullion prices surged 3.65% yesterday and have surged 8% in just six trading days. Silver rose 56 cents from $15.34 to $15.90 per ounce yesterday, made further gains in Asian and early European trading and broke above the psychological resistance of $16 per ounce.

Silver No Fly Zone

April 11, 2016
By SilverSeek

Silver is the most managed commodity on the planet because its relationship to gold – because if its held down this will help control the price of gold. The status quo needs to have the multitudes remain complacent and distracted from their nefarious ways, because they are debasing everything, not the least of which is the currency. So a ‘no fly zone’ has been declared on silver because of its importance in maintaining the status quo’s illusion – the balloons, bubbles, and other inflated…

Can Silver Keep Pace With Gold?

April 08, 2016
By SilverSeek

Silver futures are up about 8.5 percent this year, making it stand out among other commodities and financial markets. Investors snapped up coins, with U.S. Mint data showing March silver coin sales were up 17 percent over the previous year’s figure. Inflows into silver-backed exchange-traded funds witnessed their highest monthly inflow since December 2010, according to Commerzbank. Still, gold’s 15 percent year-to-date gain outshines silver, which means the gray metal has some catching up to do…

Sprott Physical Silver Trust Prices Follow-on Offering of Trust Units In An Aggregate Amount of US$74,907,000

April 08, 2016
By SilverSeek

TORONTO, ONTARIO--(Marketwired - Apr 8, 2016) - Sprott Physical Silver Trust (the "Trust") (PSLV)(TSX:PHS.U), a trust created to invest and hold substantially all of its assets in physical silver bullion and managed by Sprott Asset Management LP, announced today that it has priced its follow-on offering of 12,300,000 transferable, redeemable units of the Trust ("Units") at a price of US$6.09 per Unit (the "Offering"). As part of the Offering, the Trust has granted the underwriters an over…

Market Report: Firm undertones

April 08, 2016
By SilverSeek

There is much happening on the subject of money, and to an extent, even gold is a bystander in a developing monetary train wreck. In recent weeks we have seen sterling come under pressure on fears of Brexit, plus some appalling trade figures. If Brexit happens, it will be the end of the grand European project, and the euro could disintegrate, but markets are not yet reflecting this possibility.

The Interesting Relationship Between Silver Rallies and Interest Rates

April 07, 2016
By SilverSeek

It is not well known, that historically silver and interest rates have actually moved together (in the long-term). When interest rates are going up, then silver is going up. When interest rates are going down, silver is going down. In the short-term, interest rates and silver can diverge (like since about 2002 to now); however, this is temporary.

Perth Mint Silver Coins Have Second Highest Monthly Demand

April 06, 2016
By SilverSeek

The Perth Mint’s sales of silver coins and especially Silver Kangaroos surged again in March and saw the second highest levels of silver coin demand on record as silver buyers in the western world continue to accumulate silver at what they believe to be depressed silver prices.

Awesome Silver & USD Alarm Bell

April 05, 2016
By SilverSeek

1. I’ve strongly stated that in the short and intermediate term, the most important price driver of gold is the US dollar’s movement against the yen. 2. The dollar is the world’s largest “risk-on” market, because America is the world’s largest debtor. Japan is the world’s largest creditor. 3. Downside action of the dollar against the yen is a financial fire alarm bell. When the alarm rings, many of the world’s most powerful FOREX economists urge their clients to buy gold, and many do with…

GoldSeek Weekly Radio: John Williams and Jim Rogers

April 04, 2016
By SilverSeek

GoldSeek Radio's Chris Waltzek talks to John Williams of Shadowstats and to Famed investor Jim Rogers.

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