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Silver Market Updates

The Sun Shines on Silver

August 01, 2013
By Chris Mullen, Chief Content Manager

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

August 01, 2013
By Chris Mullen, Chief Content Manager

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

July 31, 2013
By Chris Mullen, Chief Content Manager

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

July 30, 2013
By Chris Mullen, Chief Content Manager

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

July 29, 2013
By Chris Mullen, Chief Content Manager

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

July 26, 2013
By Chris Mullen, Chief Content Manager

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.

Silver Market Morning

July 26, 2013
By Chris Mullen, Chief Content Manager

New York closed at $1,331.50 up $11.60. London pulled it back to Fix it at $1,327.75 up $15.75 on yesterday and was Fixed in the euro at €998.76 up nearly €4.00. Ahead of New York’s opening gold was at $1,329.45 and in the euro at €1,000.72.

Silver Market Morning

July 25, 2013
By Chris Mullen, Chief Content Manager

New York closed at $1,319.90 down $22.50. London pulled it back further to Fix it at $1,312.00 down $28 on yesterday and was Fixed in the euro at €994.92 down €17.39. Ahead of New York’s opening gold was at $1,312.50 and in the euro at €995.60.

Why Is Silver Manipulation So Absurd?

July 24, 2013
By Chris Mullen, Chief Content Manager

We can only hope Chilton will follow through on the blatantly obvious proof of silver manipulation that he has openly acknowledged. Maybe then whistleblowers like Andrew Maguire will be vindicated, and the indefensible dismissal of reality will end.

Silver & Crude: Interesting Parallels

July 24, 2013
By Chris Mullen, Chief Content Manager

Crude Oil bottomed (weekly data) about 12/25/1998 at $10.75. It rose erratically for several years, hit another low on 8/24/2007 at $68.70, and then rallied dramatically to an all-time high of $147.20 on 7/11/2008. Subsequently, crude collapsed to $35.35 on 12/26/2008.

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