Skip to main content
loading
loading

Silver Market Updates

Silver's Four Hour Slamdown Window

As silver suffers its biggest one-day drop of the year, following a February of strange 'spikey' behavior, we thought it might be useful to show just what has been going on for the last few weeks. It appears that from the open of US equity trading pre-market to the close of Europe's equity markets (~0730ET to ~1130ET), Silver has been offered non-stop.

Silver Investors Should Key Off the Gold Chart

Investors should key off the gold chart for buy & sell signals, but there is no question that the 14,7,7 Stochastics oscillator suggests silver is poised to begin a nice move higher.

Silver Market Morning

In New York on Friday the gold price held in a consolidation phase around $1,610 and held there in Asia and London before it was Fixed at $1,613.50 and in the euro at €1,208.795, while the euro was $1.3348, barely changed on yesterday. Ahead of New York’s opening, gold was $1,612.60 and in the euro at €1,209.94.

Silver Market Morning

In New York on Friday the gold price fell to $1,608.90 down $27 then bounced in Asia to $1,615 ahead of London’s opening. It then Fixed at $1,611.25 down $18 and in the euro at €1,206.39, down €15, while the euro was $1.3356. Ahead of New York’s opening, gold was $1,611.80 and in the euro at €1,206.52.

Silver Bull Market 10 Year Review

Silver to Gold Ratio Today: 54:1 Silver to Gold Ratio Ten Years ago: 80:1 Silver to Gold Ratio for over 200 years: 15:1 Silver to Gold Ratio expected in the future: 10:1 or even 5:1

Join GoldSeek.com and SilverSeek.com in Palm Springs Feb. 23-24th

Rick Rule, legendary resource investor and chairman of Sprott US Holdings will be speaking, along with Peter Schiff of Euro Pacific Capital, John Mauldin of Mauldin Economics, David Morgan of The Morgan Report, and many others. If you have not had a chance to meet these one of a kind leaders in the investment world, come out, attend the show, and speak with them personally.

Silver Market Morning

In New York the gold price fell to $1,635.60 down $10 and slipped $5 more ahead of London’s opening. It then Fixed at $1,629.25 and in the euro at €1,221.42, while the euro was $1.3339. Ahead of New York’s opening, gold was $1,627.40 and in the euro at €1,221.40.

Correcting Antal Fekete’s Historical Silver Errors

In “The Double Whammy of Geopolitical Gold Games reposted in February 2013 (from January 31, 2008) by Antal Fekete http://www.24hgold.com/english/news-gold-silver he stated some errors of fact! Marco Polo, guide us on this excursion to China! Bruce Lee, help our reflexes to be as fast as yours! May we not be slap happy like Jackie Chan! Wo Fat, do not mislead us!

Silver Market Morning

In New York the gold price fell to $1,645 on Tuesday and traded around there yesterday reaching a level of $1,643.75 in London today before it Fixed at $1,644.00 there, and in the euro at €1,233.216 up €8, while the euro was $1.3331. Ahead of New York’s opening, gold was $1,647.70 and in the euro at €1,235.67.

HSBC lifts silver price target for 2013

Gold prices continued to trade in tight ranges ahead of this weekend’s Group of 20 meeting. Silver was also hugging the flatline, but in the spotlight after HSBC lifted its forecasts for the metal this year and next.

Subscribe to Silver Market Updates

Newsletter Signup

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