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Silver Market Updates

Key Chart Shows Silver at Critical Crossroads

October 05, 2015
By SilverSeek

Gold and silver markets enter the week with an opportunity to build on last Friday’s strong reversal. The metals had drifted lower through Thursday’s close, but they got a big boost Friday after the Labor Department released disappointing jobs numbers.

Silver Market Morning: October-5-2015

October 05, 2015
By SilverSeek

New York closed with the gold price at $$1,137.30 up from $1,114.30 on Friday in New York. China remains closed until Thursday in its ‘Golden Week’ holiday. When London opened the gold price slipped to $1,135.00 after which it was set at $1,134.35 up from Friday’s $1,106.30 at the LBMA gold setting. The dollar Index was down at 95.58 from 96.30 and the dollar trading against the euro at $1.1268 down from $1.1165. In the euro the fixing was €1,006.70 up from €990.86. Ahead of New York’s opening…

Silver Price Spikes, But What Demand

October 04, 2015
By SilverSeek

For a few frenzied minutes, while everyone was sleeping, the price of silver spiked 56 cents. Well, at least the West Coast of America was sleeping. It began at 8:30 in New York, where presumably most traders were not sleeping. And of course, it was afternoon here in London (where Monetary Metals just held a seminar). The catalyst was a news release: the non-farm payroll numbers.

Silver Market Morning: October-2-2015

October 02, 2015
By SilverSeek

New York closed with the gold price at $1,114.30 down from $1,116.00. With China closed and the pre London opening seeing the gold price fall to $1,110 we find it difficult to accept such a fall when no market is open. When London opened the gold price slipped again to be set at $1,106.30 at the LBMA gold setting. The dollar Index was at 96.30 at the time and the dollar trading against the euro at $1.1165. In the euro the fixing was €990.86 down from €998.48. Ahead of New York’s opening gold…

Get Your Physical Silver … Dow About To Crash Like October 1929?

October 01, 2015
By SilverSeek

These stock market rallies are driven by the expansion of the money supply, causing a big increase in value of paper assets (including stocks) relative to real assets. When the increase in credit or the money supply has run its course, and is unable to drive paper price higher; value then flees from paper assets to safe assets such as physical gold and silver, causing massive price increases.

Silver: Victim of Motive, Means, and Opportunity

September 25, 2015
By SilverSeek

Silver gets little respect, but that is sensible in a world dominated by paper assets and pretend values. Similar to a murder investigation, let’s examine the motive, means and opportunity used to “manage” silver prices.

Market Report: Negative interest rates and gold

September 25, 2015
By SilverSeek

I shall briefly address the impact of negative interest rates, should they occur, at the end of this report, after looking at this week's trading. The week started with a slow downwards drift for precious metals on Monday and Tuesday before a sharp two-day rally, taking the gold price up $33 (nearly 3%) by yesterday afternoon. There was very little gold-related news to trigger this rally, only the deterioration of other markets. For bulls of precious metals it really has been a case of patience…

Why Silver Premiums Are so High Right Now and How One Might Take Advantage of It?

September 24, 2015
By SilverSeek

In this article, I will explain first how and why silver bullion premiums have aggressively increased since the middle of summer 2015 AND how and what I am doing to take advantage of the current premiums via a bullion form sell and buy arbitrage.

The Massive Debt Bubble Will Push Silver Prices Much Higher

September 22, 2015
By SilverSeek

Silver had a spectacular rise in price from about August 2010 to April 2011. In fact, it was so impressive that some thought the peak was the end of the bull market for silver. After all, silver had risen about 12.33 times from its bottom in 2001.

Silver Market Morning: September-22-2015

September 22, 2015
By SilverSeek

New York closed with the gold price at $1,133.20 down $6.40 on yesterday. Gold held around there in Asia but pulled back slightly in London. The dollar strengthened $1.1171 from $1.1208 overnight and the dollar index continues to climb at 95.96 up from 95.32. In London’s morning the LBMA gold price was set at $1,129.30 down $7.55. In the euro this was €1,009.57 up from €1,007.86 up €1.71. Ahead of New York’s opening gold was trading at $1,129.30 and in the euro at €1,012.60.

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