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Silver Market Updates

Silver Market Morning

New York closed at $1,307.70 down $2.60 on Friday. Asia saw the gold price rise to $1,314 ahead of London’s opening. It then Fixed in London at $1,311.00 and in the euro at €986.827 up €14.50. Ahead of New York’s opening gold was at $1,310.40 and in the euro at €987.12.

A (Photovoltaic) Silver Bull in China

Early this month, big news came out of China. It may have gone unnoticed by some investors—and there's really no reason why it would have been covered extensively by mainstream media—but it's important if you're a silver investor. China raised its target for solar generating capacity to more than 35 gigawatts (GW) by 2015, a stunning increase of 67% above the previous target.

Silver – A Change In Behavior. Enough For A Bottom?

One of the largest issues many have with technical analysis is linking an understanding of their fundamental "beliefs" with prices on a chart.By fundamental, we include simply the knowledge of any number of known factors, shortages, record buying of coins, people generally positive about the "news," as a few simple examples.There is a need for a hand-to-eye type of association between existing fundamental "beliefs" and current prices.

Silver Market Morning

The gold and silver market looked strong through the day but in thin trade. Then in came sales from the SPDR gold ETF in size, which knocked the price down to $1,310. We assume the as HSBC is the Custodian, they chose to sell this gold in Asia, which again in thin trade pushed the gold price down to $1,287. The sales from the SPDR gold ETF were 6.31 tonnes which left the total of the SPDR gold ETF and the Gold Trust at 1,099.90 with the SPDR gold ETF at 921.045 tonnes, while the Gold Trust gold…

The Sun Shines on Silver

Solar power appears to be coming back with a vengeance on the back of recent announcements by China and Japan. Both countries are pushing for new programs to significantly increase their solar power capacity in the years ahead.

Silver Market Morning

New York closed at $1,322.80 down $3.50 on yesterday. Asia let it slip $3 and London held it there until the Fix which set it higher at $1,323.75 down $7.75 and in the euro at €999.207 down only €3.49. Ahead of New York’s opening gold was at $1,324.35 and in the euro at €1.000.64.

Silver Market Morning

New York closed at $1,326.30 down $3.10 on yesterday. Asia took it higher to $1,331 and then London held it there before Fixing it at $1,331.50 up $9.25 and in the euro at €1,002.7 up €6.00. Ahead of New York’s opening gold was at $1,333.40 and in the euro at €1.005.01.

Silver Market Morning

New York closed at $1,329.40 down $3.60 on yesterday. Asia allowed it to slip slightly to $1,327 and then London came in to take it down to $1,322.40 ahead of the Fix where it was Fixed at $1,322.25 and in the euro at €996.646 down €4.60. Ahead of New York’s opening gold was at $1,322.85 and in the euro at €996.57.

Silver Market Morning

New York closed at $1,333.oo up $1.50 on the day on Friday. Asia allowed it to wallow around $1,228 but London came in with strong physical demand to lift the gold price back to Fix at $1,330.75 up $3.00 on Friday and was Fixed in the euro at €1,001.241 €3.00. Ahead of New York’s opening gold was at $1,336.90 and in the euro at €1,005.79.

When it comes to silver investing, in Ron Paul I trust

Truth be told the main reason I started investing in precious metals is Ron Paul. And, truth be told, the main reason I’m not interested in selling any of my silver or gold (or mining stocks) is also Ron Paul.

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