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Silver Market Updates

Silver Market Morning

February 05, 2015
By Chris Mullen, Chief Content Manager

New York closed at $1,265.30 up $4.10. In Asia gold rose to $1,270.6 ahead of London’s opening where it returned to $1,266.6. At the Fix gold was set at $1,263.75 down $17.25 and in the euro, at €1,106.708 down €2.092, while the euro was weaker by nearly 1.5 cents at $1.1419. Ahead of New York’s opening gold was trading in London at $1,262.30 and in the euro at €1,103.94.

Silver Market Morning

February 04, 2015
By Chris Mullen, Chief Content Manager

New York closed at $1,261.20 down $13.40. In Asia lifted gold slightly to $1,264 but ahead of London’s opening recovered to $1,284.70. At the Fix gold was set at $1,281.00 down $11.75 and in the euro, at €1,108.80 down €20.133, while the euro was barely changed at $1.1553. Ahead of New York’s opening gold was trading in London better, at $1,267.60 and in the euro at €1,107.85.

Exponential Explosions in Debt, the S&P, Crude Oil, Silver and Consumer Prices

February 03, 2015
By Chris Mullen, Chief Content Manager

In 1913 the US national debt was less than $3 Billion, gold was real money, and a cup of coffee cost a nickel. By 2015 the US national debt had increased to over $18,000,000,000,000 ($18 Trillion), the gold standard was called a “barbarous relic,” most currencies had devolved into fiat paper and digital symbols backed by insolvent governments, and a Grande soy cinnamon latte, double pump, triple shot, extra hot, with sprinkles cost about five bucks.

Silver Market Morning

February 03, 2015
By Chris Mullen, Chief Content Manager

New York closed at $1,274.60 down $9.70. In Asia gold held that level but ahead of London’s opening recovered to $1,284.70. At the Fix gold was set at $1,281.00 up $5.75 and in the euro, at €1,128.933 up €6.246, while the euro was barely changed at $1.1347. Ahead of New York’s opening gold was trading in London better, at $1,282.40 and in the euro at €1,129.92.

Market Report: Consolidating gains

February 02, 2015
By Chris Mullen, Chief Content Manager

Gold and silver prices consolidated recent gains this week, both having become overbought short-term, and they now appear to be building a base before an attempt to convincingly attack higher ground, though yesterday's price reaction was quite sharp.

Silver Market Morning

February 02, 2015
By Chris Mullen, Chief Content Manager

New York closed at $1,284.3 up $26.70. In Asia gold held that level but London pulled it back to $1,275. At the Fix gold was set at $1,274.25 up $10.75 and in the euro, at €1,122.687 up €7.703, while the euro was stronger at $1.1350. Ahead of New York’s opening gold was trading in London better, at $1,277.30 and in the euro at €1,126.12.

Silver Market Morning

January 30, 2015
By Chris Mullen, Chief Content Manager

New York closed at $1,257.60 down $27.30. In Asia gold rose to $1,262.40. London lifted it slightly higher before the Fix set at $1,263.50 down $12.00 and in the euro, at €1,114.984 down €14.377, while the euro was stronger at $1.1332. Ahead of New York’s opening gold was trading in London better, at $1,263.70 and in the euro at €1,113.24.

Silver Market Morning

January 29, 2015
By Chris Mullen, Chief Content Manager

New York closed at $1,284.90 down $9.20. In Asia gold slipped to $1,280. The Fix saw the gold price set at $1,275.50 down $11.50 and in the euro, at €1,129.361 down €2.565, while the euro was ¾ of a cent stronger at $1.1294 up over 1 ½ cents. Ahead of New York’s opening gold was trading in London better, at $1,276.30 and in the euro at €1,129.27.

Silver Market Morning

January 28, 2015
By Chris Mullen, Chief Content Manager

New York closed at $1,294.70 up $14.30. In Asia gold slipped to $1,289. The Fix saw the gold price set at $1,287.00 up $8.00 and in the euro, at €1,131.926 down €1.035, while the euro was ¾ of a cent stronger at $1.1137. Ahead of New York’s opening gold was trading in London better, at $1,290.3 and in the euro at €1,135.43.

Silver Stocks Will Rule In 2015

January 27, 2015
By Chris Mullen, Chief Content Manager

Bank economists and bearish gold gurus continue to err, on their gold price predictions. The huge declines they promised in 2014 on the taper never materialized. They promised that 2015 would bring much lower prices. Instead, gold has already rallied strongly, as I told the gold community it would, because of the bullish news that consistently emanates from Asia.

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