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Silver Market Updates

Silver Market Morning

Gold closed in New York at $1,452.00 down $17.90 in New York yesterday.In Asia, gold recovered to $1,455. London held it there and it was Fixed at $1,454 down $9 on yesterday and in the euro at €1,108.739 down €10 while the euro was at €1: $1.3114.00078. Ahead of New York’s opening it stood at $1,464 and in the euro at €1,115.68.

Silver Market Morning

Gold closed in New York at $1,469.90 up $0.70 in New York yesterday. In Asia, gold fell $11 to $1,458. London pulled it up to $1,464 before it Fixed at $1,463 and in the euro at €1,118.673 while the euro was at €1: $1.3078. Ahead of New York’s opening it stood at $1,464 and in the euro at €1,115.68.

Silver Market Morning

Gold closed in New York at $1,469.20 up $2.20 in New York on Friday. In Asia, gold rose further to $1,474. As London is closed today there is no Fixing. Ahead of New York’s opening it stood at $1,476.05 and in the euro at €1,126.41.

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New York, N.Y. ‐Former Republican presidential candidate and libertarian Dr. Ron Paul is a keynote speaker at the New York Metals & Minerals Investment Conference on May 13, 2013 in New York City.

Silver Market Morning

Gold closed in New York at $1,458.70 in New York yesterday having fallen as low as $1431 before rebounding. In Asia, it fought back to recover to $1,458 as the Chinese holiday ended. In London it Fixed at $1,456 down $14.50 and in the euro at €1,106.215 down €6.6with the euro at €1: $1.3172 against the dollar. Ahead of New York’s opening it stood at $1,455.45 and in the euro at €1,104.50.

Let’s "finish" strong today! Five suggestions that might help with ‘the process”

Coach Nick Saban - the state of Alabama’s greatest citizen and college football’s top coach - has two mantras our state’s residents have come to know. They are “finish” and “process.”

Silver Market Morning

Gold closed in New York at $1,470.40 in New York yesterday almost unmoved on the day before. In Asia, it held its ground even though China is still on holiday, until tomorrow. In London it was pulled back to $1,464 before recovering to fix at $1,469.5 down less than $3 and in the euro at €1,113.60 down €13 because the euro was stronger at €1: $1.3196 up 1.2 cents against the dollar. Ahead of New York’s opening it rose slightly at $1,472 and in the euro at €1,116.00.

What I’m saying on Facebook to get new people to consider silver...

It’s still too soon to tell if the “Buy Silver!” May 1st event will really go “viral.” This grassroots' effort still has hours to go parabolic, an eternity on the Internet. However, I’m already getting excited about the next phase of this market (and marketing) “experiment” - recruiting new people, those who have never bought silver - into the game.

Silver’s Bullish Cup Formation

The most significant fact about silver, from a charting point of view, is the mega cup pattern formed over a period of more than 30 years.These cup (or cup and handle) patterns are very bullish formations.

Silver Market Morning

Gold closed in New York at $1,470.41 in New York yesterday. In Asia, where China is still on holiday, it pulled back to $1,462. In London it jumped to $1,474 ahead of the Fix. The Fix was set at $1,472.75 just 25 cents higher and in the euro at €1,126.13 while the euro was at €1: $1.3078. Ahead of New York’s opening it slipped slightly at $1,471.90 [the same as yesterday at this time] and in the euro at €1,126.12.

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