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Silver Market Updates

Silver Market Morning

New York closed at $1,294 on Friday. Asia took the price down to $1,281 ahead of London’s opening. In London it was Fixed at $1,283.25 down $7.25 and in the euro at €978.98 up €2.70 while the dollar was slightly stronger against the euro at €1: $1.3101. Ahead of New York’s opening gold stood at $1,283.00 and in the euro at €979.43.

Reasons to Buy Gold and Silver Bullion

For a long time now I’ve been telling friends to buy gold and especially silver bullion. I haven’t really had time to explain why but I think now I should make an effort. This is a massive story but I will try to be brief. I believe that gold and silver are seriously undervalued. I also believe that there is going to be a crisis in confidence in the money we currently use which will cause a sudden and serious loss of value (very high inflation). Ownership of gold and silver are an insurance…

Silver Market Morning

New York closed at $1,278.50 down $72.50 on Thursday. Asia took the price back up to $1,300 ahead of London’s opening. In London fell below $1,300 and was Fixed at $1,290.25 down $13 and in the euro at €976.28 down €10.06 while the dollar was slightly stronger against the euro at €1: $1.3216. Ahead of New York’s opening gold stood at $1,294.60 and in the euro at €979.42.

Silver Market Morning

New York closed at $1,351.00 down $16.10 on Wednesday. Asia took the price down to $1,310 ahead of London’s opening. In London it was Fixed at $1,303.25 down $62.75 and in the euro at €986.34 down €33.32 while the dollar was slightly stronger against the euro at €1: $1.3213. Ahead of New York’s opening gold stood at $1,299.00 and in the euro at €984.39.

Get Ready for Stupid Cheap Silver Prices

It's a jungle out in the silver markets. Investors are holding on for their lives as the price of metals swings to higher highs and lower lows and junior equities bounce along the bottom. In this interview with The Gold Report, David H. Smith, senior analyst at silver-investor.com's The Morgan Report, navigates the jungle by advising buying on the way down and selling on the inevitable way up.

Special Got Gold Report - Large Trader Positioning in Silver Futures

As a courtesy to our blog readership and the general public we are releasing an excerpt of our recent special report to Got Gold Report Subscribers on the positioning of large traders in silver futures. GGR Subscribers received the report via email and on the private GGR welcome page on Sunday, June 16.

Silver Market Morning

New York closed at $1,367.10 down $16.70 on Tuesday. Asia held the price there ahead of London’s opening. In London it was Fixed at $1,366.00 down $12.50 and in the euro at €1,019.86 down €10.50 while the euro was slightly stronger against the dollar at €1: $1.3394. Ahead of New York’s opening gold stood at $1,368.00 and in the euro at €1,021.51.

Silver: Will it drop to $10/ounce?

A drop of the silver price to $ 10/ounce is highly unlikely in view of the sharply rising National Debt in the USA but also in Europe. To quote John Hathaway, manager of one of the most respected gold funds, a sharp rise of the gold and silver price is more likely: “With gold and silver under continued attack from the mainstream media, John Hathaway warned King World News that we are at the point where global investors will be shocked as gold is quickly re-priced a jaw-dropping $1,000 (about $…

Silver Price to Rise as Top Miner's High Grade Production Evaporates

One of the most insidious problems taking place in the gold and silver mining industry is the decline in falling yields. Not many realize, when yields decline, production evaporates and disappears. To offset the decline in metal yields, the mining companies have to add new mines and or increase the amount of processed ore.

Silver Market Morning

New York closed at $1,383.70 on Monday. Asia took the price to $1,378.45 ahead of London’s opening. In London it was Fixed at $1,378.50 down $7.50 and in the euro at €1,030.346 down €5.20 while the euro was slightly stronger against the dollar at €1: $1.3379. Ahead of New York’s opening gold stood at $1,378.40 and in the euro at €1,030.50.

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