loading
loading

Silver Market Updates

Silver Market Morning

February 21, 2014
By Chris Mullen, Chief Content Manager

The New York gold price dropped to close at $1,323.70 up $13.50 on Thursday in New York. Asia let it slip to$1,316.55 before it rose back to $1,320, ahead of London’s opening on Friday. London Fixed it at $1,320.75 up $7.00. In the euro, it Fixed higher at €963.629 up €4.407, while the dollar stood at $1.3706 a tad weaker. Ahead of the opening in New York gold stood at $1,321.40 and in the euro at €963.82.

Some Long Term Cycles for Silver

February 20, 2014
By Chris Mullen, Chief Content Manager

Last week I discussed long-term cycles for gold so I thought I would follow this up with some notes on long-term cycles for silver. One would presume that silver’s cycles are the same as gold and they would be wrong. Given their similarities as precious metals, their cycles do overlap so that it appears that their cycles are the same. But gold and silver march to their own beat.

Significant Silver Rallies Usually Follow Major Dow Peaks

February 20, 2014
By Chris Mullen, Chief Content Manager

Significant nominal peaks in the price of silver tend to come after significant nominal peaks in the Dow. This has been the case for the last 90 years at least.

Silver Market Morning

February 20, 2014
By Chris Mullen, Chief Content Manager

The New York gold price dropped to close at $1,310.20 down $11.80 on Wednesday in New York. Asia took it higher back to yesterday’s level there at $1,314 where London held it ahead of London’s opening on Thursday. The dollar recovered a little to $1.3705: €1 after London opened. London Fixed it at $1,313.75 down $5.00. In the euro, it Fixed it higher at €959.222 up just over €0.131, while the dollar stood at $1.3696, stronger. Ahead of the opening in New York gold stood at $1,314.65 and in the…

Silver Market Morning

February 19, 2014
By Chris Mullen, Chief Content Manager

The New York gold price rose to close at $1,322.00 up $3.40 on Tuesday in New York. Asia took it lower to $1,314 before it rose to $1,318.55 ahead of London’s opening on Wednesday. The dollar continues to weaken and stood at $1.3764: €1 ahead of London’s opening. London held gold at Asia’s price before the Fixing, which was set at $1,318.75 up $4.75. In the euro, it Fixed it higher at €959.091 up just over €1.505, while the dollar stood at $1.3751, weaker again. Ahead of the opening in New…

Silver: 50 Days and 100 Years

February 18, 2014
By Chris Mullen, Chief Content Manager

In the big picture, gold and silver are increasing in price, along with the prices for crude oil, an average house, gasoline, food, and almost everything we need.Both gold and silver have accelerated their average price increases since 2001, the end of their 20 year bear market. Official national debt was $2.92 Billion in 1913 and nearly $17,000 Billion in 2013.The compounded annual increase since 1913 has been 9.04% while the increase since 1971 has been 9.31%.National debt increases, on…

Silver Market Morning

February 18, 2014
By Chris Mullen, Chief Content Manager

The New York gold price saw gold pause at $1,318 with Asia holding it there before London took it down steadily to $1,314 In London it Fixed at $1,314 down $12.00. In the euro, it Fixed at €957.586 down just over €10.00, while the dollar stood at $1.3722, weaker again. Ahead of the opening in New York gold stood at $1,313.75 and in the euro at €956.57.

Silver Prices Rise Dramatically At The End – Are We Close To The End?

February 17, 2014
By Chris Mullen, Chief Content Manager

Silver or the silver price is generally much more difficult to analyze than gold. Part of the reason is that so much less is known about the specifics of the silver market. Silver analysis is often done “through” the analysis of gold. This is not completely wrong, since silver and gold mostly moves in a similar manner – they have the same monetary properties after all.

Silver Market Morning

February 17, 2014
By Chris Mullen, Chief Content Manager

The New York gold price surged once more to $1,318.60 up nearly $17 at the close on Friday in New York. Asia took it higher to $1,325 ahead of London’s opening on Monday. London held it there before Fixing the gold price at $1,326.00 up $17.50. In the euro, it Fixed at €967.601 up €12.003, while the dollar stood at $1.3704, weaker again. Ahead of the opening in New York gold stood at $1,327.40 and in the euro at €965.45.

Silver’s Uprising

February 16, 2014
By Chris Mullen, Chief Content Manager

At the end of December the price of gold bottomed and has moved up smartly while leaving silver behind, to wallow in a sideways pattern before making it’s low at the end of January. This odd behavior caused many investment writers to hedge their recommendations while waiting for a confirmatory breakout, while InvestorKey had been invested in the precious metals since the earlier part of January and now have profits of 20+% waiting to be booked. This common idea of waiting for confirmation by…

Subscribe to Silver Market Updates

Newsletter Signup

Join the Free Weekly Silver Review!
SilverSeek.com week in review delivered direct to your inbox!