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Silver Market Updates

GoldSeek LIVE! with Jay Taylor & Greg Johnson, President & CEO of Prophecy Platinum

October 28, 2013

- Wednesday, October 30th at 11am EST - Online: https://attendee.gotowebinar.com/register/4501697826298177282 - Presentation by Greg Johnson, Chairman & CEO of Prophecy Platinum Corp. (OTC-QX: PNIKF | TSX-V: NKL) - Q&A with Jay Taylor, Editor at the “Gold & Tech Stocks” newsletter

Silver Market Morning

Gold closed stronger at $1,351.50 up $6.10 in New York on Friday. Asia held it there and London dropped it $4 ahead of the Fix, where it was set at $1,351.00 up $9.25 over Friday’s Fix. In the euro it Fixed at €978.28 up €6.25 over Friday’s Fixing. Ahead of New York’s opening gold stood at $1,351.5 and in the euro at €979.77, while the dollar stood at $1.3794: €1.

Silver Market Morning

Gold closed stronger at $1,345.40 up $12.10 in New York yesterday. Asia held it there and so did London until the Fix, where it was set at $1,341.75 up $5.50 over yesterday’s Fix. In the euro it Fixed at €971.790 up €3.00 over yesterday’s Fixing. Ahead of New York’s opening gold stood at $1,342.40 and in the euro at €972.82, while the dollar held close to its lows at $1.3800: €1.

Silver To Hit New Highs Despite Bearish Forecasts

The price of silver will hit new highs as an explosion of investment demand will overwhelm supply in the future. This once in a lifetime event will occur not because of bullish rhetoric, technical analysis or brokerage recommendations, but because the fundamentals will finally kick in a major way.

Silver Market Morning

Gold closed stronger at $1,333.30 down nearly $7 in New York yesterday. Asia lifted it slightly by $2 and London held it there until the Fix, where it was set at $1,336.25 up $3.25 over yesterday’s Fix. In the euro it Fixed at €968.789 up €0.11 over yesterday’s Fixing. Ahead of New York’s opening gold stood at $1,340.00 and in the euro at €970.80, while the dollar fell further to $1.3807: €1.

Silver Market Morning

Gold closed stronger at $1,340.20 in New York yesterday. Asia let it slip slightly by $5 and London took it $2 lower to Fix at $1,333.00 up $21.25 on yesterday’s Fix. In the euro it Fixed at €968.68 up €9.16 on yesterday’s Fixing. Ahead of New York’s opening gold stood at $1,332.1 and in the euro at €968.69, while the dollar fell further to $1.3754: €1.

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.

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