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Silver Market Updates

Silver arbitrage?

October 07, 2014
By Chris Mullen, Chief Content Manager

Silver closed last week under $17 for the first time in 4 years. Maybe we have in store another "event" like 2008, 2011 or 2013 where the "price" gets forced down which explodes demand to a point where shortages again show up? I have written several times before how a shortage should never ever show up in any real market if prices crash because of "selling". If real silver were in fact being sold then the market would be awash in silver and no shortage could exist. ...The last 3 episodes…

Market Report: Failing economies and the quarter-end

October 03, 2014
By Chris Mullen, Chief Content Manager

Precious metals have faced adverse weather as evidence mounts that major economies may be sliding into recession.

Gold to Silver Ratio - Sentiment

October 02, 2014
By Chris Mullen, Chief Content Manager

The gold to silver ratio (GSR) acts like a sentiment indicator. When the GSR is low both gold and silver are usually running upward and strong. When the ratio is high, like now (Sept. 30, 2014), gold and especially silver are priced low and disinterest is nearly universal.

Q2 2014 Primary Silver Miner Update: Increased Production… Falling Profits

October 01, 2014
By Chris Mullen, Chief Content Manager

The Primary Silver Mining Industry continues to suffer from manipulated low metal prices. Although, the prices of the precious metals finally turned around and are trading higher today as the broader markets get hammered — a welcome change.

The Single Most Important Lesson from the Casey Summit

October 01, 2014
By Chris Mullen, Chief Content Manager

At our San Antonio summit, Rick Rule gave a talk that, as always, was well reasoned, packed with facts, and powerfully cogent. His message was simply that bear markets are for buying and bull markets are for selling—and in the future, resource investors with staying power would look back on the current market as “the good old days” when they were able to buy great stocks cheap.

Now might be a good time for miners to call a press conference

September 30, 2014
By Chris Mullen, Chief Content Manager

With silver prices going down, down, down, now might finally be the time for the “movers and shakers” in the mining and precious metals communities to call a major press conference to make their case and actually defend themselves from the years-long assault on their businesses.

Silver Market Morning

September 29, 2014
By Chris Mullen, Chief Content Manager

The gold price closed at $1,217.5 down $4.50 on Friday in New York. In Asia and London, gold prices rose to $1,218 as the euro lurched another half cent lower against the U.S. dollar, which now stands at $1.2681. The gold price was Fixed at $1,217.75 up $4.00 and in the euro at €960.674 up €7.319, while the euro stood at $1.2676. Ahead of New York’s opening, gold was trading at $1,219.70 and in the euro at €961.80.

Gold, Silver, Fish Lines, and Rhino Horns

September 26, 2014
By Chris Mullen, Chief Content Manager

Buy fish line patterns, sell rhino horn patterns, and trust that politicians and bankers will continue to borrow and spend money that must be “printed” in ever-increasing quantities. Example: Official national debt increased by $1,013,588,000,000 in the one year from Sept. 23, 2013 to Sept. 22, 2014.

Market Report: $1200 for gold underpinned by physical demand

September 26, 2014
By Chris Mullen, Chief Content Manager

This week saw gold rally $15 to $1233 on Tuesday before sliding to $1207 yesterday morning, then rallying in the afternoon. Silver's moves tracked gold's, bottoming out at $17.30 yesterday at the London opening. This morning precious metals are firmer in pre-LBMA trade, reflecting some short-covering ahead of the weekend.

Silver Market Morning

September 26, 2014
By Chris Mullen, Chief Content Manager

The gold price closed at $1,22.00 up $3.80 on Thursday in New York. In Asia and London, gold prices rose to $1,225.60 as the gold price broke away from the falling euro, which now stands at $1.2731. The gold price was Fixed at $1,213.75 up $13.75 and in the euro at €953.382 up €2.777, while the euro was much weaker at $1.2731 and after a short Fix. Ahead of New York’s opening, gold was trading at $1,223.30 and in the euro at €959.98.

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