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Silver Market Updates

A game-changer the ‘peons’ could control

April 22, 2014
By Chris Mullen, Chief Content Manager

Of this we can be sure: China WILL keep accumulating record amounts of precious metals. Why, one asks, would China suddenly reverse course and change a policy that it has now been aggressively pursuing for years? Such a scenario would not/does not make sense.

Silver Up & S&P Down

April 22, 2014
By Chris Mullen, Chief Content Manager

Silver has had three bad years while the S&P has had 5 good years. It is time for both markets to reverse. Examine the following graph of Silver versus the Silver to S&P ratio. It tells me the ratio has returned to levels seen in 2008 and that the ratio follows the price of silver. This is interesting but not that helpful.

Silver Market Update

April 21, 2014
By Chris Mullen, Chief Content Manager

Silver’s recent rally was feeble compared to gold’s, and the retreat that followed has already erased all of the gains made, and already brought it back close to key support at its June and December lows, as we can see on its 1-year chart below. This much lower high and recent preponderance of downside volume are negatives that portend a severe test of this support and its possible failure soon. However it should be noted here that failure of this support won’t necessarily lead to a severe…

The Dark Side Of The Silver Mining Industry

April 21, 2014
By Chris Mullen, Chief Content Manager

There is an insidious Dark Side to the silver mining industry that goes unnoticed by the majority of investors and analysts. Actually, I haven't come across one mining analyst who puts out comprehensive data on this very subject for the silver mining industry.

Precious metals Market report

April 17, 2014
By Chris Mullen, Chief Content Manager

It wasn’t meant to be like this: six years of global money-printing should have guaranteed economic recovery. Until very recently, there was hope that finally the medicine was having some effect; but in the last few weeks investors have become noticeably more cautious. Is it Ukraine, or is it the slow-down in China? Whatever the story the truth is revealed in the chart of recent US bond prices shown below.

Silver Market Morning

April 17, 2014
By Chris Mullen, Chief Content Manager

The gold price closed at $1,303.10 down $0.20 on Wednesday, in New York. At Asia’s closed it was pulled it down to $1,297 initially at which price London opened. The gold price was then Fixed in London at $1,301.50 up $2.50, because of the stronger euro. In the euro, it Fixed at €941.615 up €3.031 as the euro went stronger at $1.3822 up from $1.3840: €1. Ahead of the opening in New York gold stood at $1,298.50 and in the euro at €936.80 as the euro weakened again to $1.3861.

David Morgan Interview on Silver Market, Silver Price Manipulation and the Coming Global Monetary Reset

April 16, 2014
By Chris Mullen, Chief Content Manager

Since there is a lot of talk about a potential gold re evaluation following an international monetary reset, I wanted to interview David Morgan, renowned silver market analyst, in order to have his views on a couple of topics, including silver evolution, silver manipulation, and the potential price of silver after a financial reset.

Silver Market Morning

April 16, 2014
By Chris Mullen, Chief Content Manager

The gold price closed at $1,302.90 down $23.80 Tuesday, in New York. Asia pulled it down to $1,295 initially before lifting it back to $1,300 ahead of London’s opening, where it rose to $1,304. The gold price was then Fixed in London at $1,299.00 down $12.50, because of the stronger euro. In the euro, it Fixed at €938.584 down €11.847 as the euro was stronger at $1.3840 down from $1.3800: €1. Ahead of the opening in New York gold stood at $1,302.90 and in the euro at €941.40.

Silver Market Morning

April 15, 2014
By Chris Mullen, Chief Content Manager

After Mario Draghi’s confirming that he wants to see a weaker euro, the market has obliged by pulling it back from its recent peak just under $1.40: €1 to $1.38: €1. If gold is moved in the same way as gold, we come to $1,307. This is where the gold price is now. We did not see selling of gold to press the gold price down, but dealer’s adjustment of prices in line with the dollar’s strength. Like the waves on the seashore the gold price fell but we believe this will bring in Asian buyers…

Silver, Gold, and What Could Go Wrong

April 15, 2014
By Chris Mullen, Chief Content Manager

Richard Russell thinks the stock market is currently dangerous and that silver and gold are safe. He understands that gold and silver are eternal wealth with NO counter-party risk. What is counter-party risk? It is the risk that paper wealth is not real, that debts will not be paid, that dollars, yen, and euros will decline in purchasing power, that your employer will declare bankruptcy and your pension will be cut in half, that your brokerage account will be hypothecated by management, that…

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