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Silver Market Updates

Silver Market Morning

Gold barely moved in New York yesterday. Asia also let it sit there and London took it $3 lower up to the Fix. At the Fix, gold was set at $1,3111.75 down $4.25 on yesterday’s Fix. In the euro it Fixed at €959.513 down €2.75 on yesterday’s Fixing. Ahead of New York’s opening gold stood at $1,312.40 and in the euro at €959.74, while the dollar stayed at recent lows.

Silver Market Morning

New York closed at $1,314.10 down $5.60 on Friday. Asia took it higher to $1,320 and London opened a dollar lower than that. At the Fix, gold was set at $1,316 a dollar down on Friday’s Fix. In the euro it Fixed at €962.270 almost the same as Friday’s Fixing. Ahead of New York’s opening gold stood at $1,316 and in the euro at €964.42, while the dollar broke down to new recent lows.

Don’t Miss Out on These Important Charts

The expectation is for gold to advance by more than 50% as in 2006-2008, and more than 80% as in 2008-2011 during this next ‘leg up’, because of the depth of the current pullback.Because of blatant manipulation of the gold price by large traders dumping oversized lumps of futures contracts during hours when trading is usually sparse; the price of gold is starting this next rally below its normal starting point.This is likely to cause the price to act in slingshot fashion, and may very well…

Silver Market Morning

New York closed at $1,319.70 up $40.25 on Thursday. Asia let it slip slightly to $1,316 before London right at the opening took it up to $1,322. At the Fix, gold was set at $1,317 up $8.50. In the euro it Fixed at €962.086 up just over €2. Ahead of New York’s opening gold stood at $1,321.40 and in the euro at €964.42, while the dollar broke down to new recent lows.

Silver Market Morning

New York closed at $1,279.50 down $1.80 on Wednesday. Asia held it around the same level ahead of London’s opening, where it soared to $1,308. At the Fix, gold was set at $1,308.50 up $30.25. In the euro it Fixed at €959.874 up €15.1. Ahead of New York’s opening gold stood at $1,308 and in the euro at €960.28.

CPM Group: Silver “Manipulation” Claim Based On Lies & Misrepresentations—GATA Responds!

Cambridge House International is pleased to announce the world’s upcoming premier silver investment conference, The Silver Summit 2013, to take place at a time in which, according to CPM Group’s founder and managing director Jeffrey Christian---silver manipulation claims are now all proven to be based on “lies and misrepresentations”.

“At The Margin”, Silver Mining Industry & Experts To Present At The Silver Summit 2013

Cambridge House International is pleased to announce the world’s upcoming premier silver investment conference, The Silver Summit 2013, to take place during a time in which, according to the experts---profitability of the world’s silver mining industry is now “at the margin”.

SILVER: 4 Cycles in 12 Years

During the past 12 years silver prices have bottomed, rallied sharply, collapsed, and then languished for a year or more. The patterns are not identical, but there are obvious similarities as shown in the following chart.

Silver Market Morning

New York closed at $1,281.30 up $8.60 on Tuesday. Asia took it up to $1,285.30 ahead of London’s opening. At the Fix, gold was set at $1,278.25 up $22.75. In the euro it Fixed at €944.752 up €15.25. Ahead of New York’s opening gold stood at $1,281.35 and in the euro at €946.90.

Jeffrey Christian: “Large Institutional Investors Are Not Yet Convinced That Silver Has Stopped Falling”

During a time of complete market disinterest in silver and silver mining companies, Jeffrey Christian, founder and managing partner of the CPM Group was kind enough to share a few comments.

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