loading
loading

Silver Market Updates

Silver Market Morning

August 22, 2013
By Chris Mullen, Chief Content Manager

New York closed at $1,367.40 71.30 down $3.90. Asia took it back up to $1,378 but once again then London pulled it back to $1,370 before it Fixed in London at $1,370.50 up $10.50 and in the euro at €1,027.284 up nearly €12.00. Ahead of New York’s opening gold was at $1,368.00 and in the euro at €1,027.99.

Silver: The $100 History

August 21, 2013
By Chris Mullen, Chief Content Manager

Depending on how rapidly the money supply is increased and how quickly confidence in paper money evaporates we may see the day when it takes ten, or more, $100 bills to purchase a single ounce of silver.Hyperinflation has happened in many countries in the past 100 years and many good analysts believe that it COULD occur again in Europe and the United States.If hyperinflation occurs, your silver and gold will be worth much more in nominal dollars and will, to some extent, protect your purchasing…

6 Myths of Inflation

August 21, 2013
By Chris Mullen, Chief Content Manager

1. As the currency goes down, everything else goes up at roughly the same rate. Not true. 2. The law today will be the law tomorrow during hyperinflation. Not true. 3. I'll be able to ride it out here in the back woods of Colorado or Alabama during hyperinflation. Maybe, and maybe not. 4. There is no risk of inflation when the bigger risk is deflation. Not true. 5. The dollar will not go down in value, because everyone who owes dollars has a short position on the dollar that must…

Silver Market Morning

August 21, 2013
By Chris Mullen, Chief Content Manager

New York closed at $1,371.30 down $4.70. Asia took it down to $1,363 ahead of London’s opening but then London pulled it back to $1,365 before it Fixed in London at $1,360.00 down $5.75 and in the euro at €1,015.380 down nearly €5.00. Ahead of New York’s opening gold was at $1,363.5 and in the euro at €1,017.08.

Don’t Trade Last Week’s Silver Story!

August 20, 2013
By Chris Mullen, Chief Content Manager

Since February of this year, there has been at least one silver contract in backwardation. Since May 31, the September contract has been backwardated. But that has now come to an end.

World's Largest Silver Producing Company Reports Big Decline in Production

August 20, 2013
By Chris Mullen, Chief Content Manager

The world's largest silver producer saw its production decline substantially in the first half of 2013. Many assume this decline came from Fresnillo, which is known as the largest primary silver miner in the world. However, it was recorded by KGHM Polska Miedz, the largest by-product silver producer on the planet whose annual silver production was 41 million oz in 2012.

Silver Market Morning

August 20, 2013
By Chris Mullen, Chief Content Manager

New York closed at $1,366.60 down $6.40. Asia took it to $1,357.00 but then London pulled it back to $1,365 before it Fixed in London at $1,365.75 down $9.50 and in the euro at €1,020.282 down €12.00. Ahead of New York’s opening gold was at $1,366.65 and in the euro at €1,020.65.

Gold and Silver Rally Relative to the Dow

August 19, 2013
By Chris Mullen, Chief Content Manager

The current bottom occurred during month 33 since the breakout of the top of the 2008 – 2010 triangle. Bottoms often occur on day 33 or month 33 from a bottom or a breakout. This makes it very likely that the bottom in June 2013 was the final bottom, especially since it occurred almost exactly at the breakout from the 2008 – 2010 triangle (around the $18.50 area).

Discover Your Next Resource Investment With Two of The World’s Top Resource Financiers: Ned Goodman & Eric Sprott

August 19, 2013
By Chris Mullen, Chief Content Manager

Cambridge House International is pleased to announce the attendance of two of the World’s top resource financiers at the upcoming Toronto Resource Investment Conference. Ned Goodman, founder of Dundee Corporation, and Eric Sprott, founder of Sprott Asset Management LP, will be delivering keynote speeches during a historic moment in the resource sector.

Silver Market Morning

August 19, 2013
By Chris Mullen, Chief Content Manager

New York closed at $1,373 up $1010. Asia took it to $1,378.00. London then pulled it back to $1,373.40 before it Fixed in London at $1,375.25 up $14.50 and in the euro at €1,032.386 up nearly €11.00. Ahead of New York’s opening gold was at $1,376.50 and in the euro at €1,032.014.

Subscribe to Silver Market Updates

Newsletter Signup

Join the Free Weekly Silver Review!
SilverSeek.com week in review delivered direct to your inbox!