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Silver Market Updates

Silver Stocks: Jobs Report Rally Leaders

September 01, 2015

Welcome to September! Here’s the daily Dow chart. In early morning futures market trading, the Dow is down about 330 points. It’s a horrific start to the month, and it could get much worse. Here’s why: I think Janet Yellen might raise rates in September, regardless of the effects of a rate hike on the stock market.

Silver Set To Start 70s Style Rally?

September 01, 2015

In terms of gold, silver is currently better value than at the beginning of the bull market in 2001. In November of 2001, when silver bottomed, the Gold/Silver ratio was about 66 compared to 78 today. In other words, gold has actually outperformed silver since the beginning of this precious metals bull market.

Silver Market Morning

September 01, 2015

On Monday New York closed at $1,135.50 up $1.10. The dollar was stronger at $1.1335 at the close up from $1.1496, against the euro, with the dollar Index weaker at 95.94 down from 96.07 from Monday. The LBMA gold price was set at $1,141.90 today. The euro equivalent was €1,o14.26. Ahead of New York’s opening, gold was trading at $1,143.55 and in the euro at €1,015.54.

Silver and Warnings From Exponential Markets

August 31, 2015

Paper markets such as T-Bonds and the S&P 500 have been levitated by central bank “money printing,” government support, and the inevitable devaluation of fiat currencies built into the structure of the financial system. Paper markets move higher – exponentially – as currencies devalue and reset or crash to lower levels, and then repeat.

Silver Market Morning

August 31, 2015

On Friday New York closed at $1,134.40 up $10.30. The dollar was stronger at $1.1335 at the close up from $1.1496, against the euro, with the dollar Index stronger at 96.07 up from Friday’s 95.19. Because of the Bank Holiday in the U.K. no LBMA gold price was set today. Ahead of New York’s opening, gold was trading at $1,132.80 and in the euro at €1,010.80.

Market Report: Silver Sold, Then Squeezed

August 28, 2015

While gold consolidated its recent gains, silver was sold down this week along with other metals and energy.

Silver Market Morning

August 28, 2015

On Thursday New York closed at $1,124.30 up $0.20. The dollar was stronger at $1.1246 at the close up from $1.1335, against the euro, with the dollar Index stronger at 95.76 up from 95.19 yesterday. This morning the LBMA gold price was set at $1,125.50 down $3.00. The euro equivalent was €997.61 down €1.42. Ahead of New York’s opening, gold was trading at $1,127.55 and in the euro at €998.51.

Gold & Silver Trading Alert: Silver and Miners’ Major Breakdown

August 27, 2015

Yesterday we saw another big daily decline and it served as an additional confirmation that taking profits on long positions and entering short ones on Monday, at 2PM (when the GDX was at $15) had been a good idea. Will the short positions become more profitable in the future?

Yes, Gold is a Barbarous Relic...SO SWAP IT ALL FOR SILVER!

August 27, 2015

I know that you have a few gold coins in your safe. I know you think it's good for your diversification but NOW is the time to think differently. Now is not the time for diversification. Now is the time to SAVE your wealth and gold doubling or tripling over the next few years is NOT going to save you.

Silver Market Morning

August 27, 2015

On Wednesday New York closed at $1,124.10 down $15.40. The dollar was stronger at $1.1335 at the close up from $1.1496, against the euro, with the dollar Index stronger at 95.19 up from 94.10 yesterday. This morning the LBMA gold price was set at $1,128.50 down $5.90. The euro equivalent was €999.03 up €8.98. Ahead of New York’s opening, gold was trading at $1,126.40 and in the euro at €998.67.

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