Skip to main content
loading
loading

Silver Market Updates

Silver Market Update

In the last update we called a bottom in silver the day after it put in a high-volume bull hammer early in January, and while it did reverse as expected, the short-term uptrend that developed has since stalled out in recent weeks and it now looks like it is about to reverse to the downside again.

Silver Prices – The Big Picture

What do May 2004, January 2005, August 2005, June 2006, October 2008, February 2010, September 2011, December 2011, June 2012, and December 2012 have in common?

Silver Market Morning

In New York the gold price rose $4.50 to $1,677.50, yesterday. In Asia on Monday it traded just below that level and then Fixed at $1,675.75 in London, and in the euro at €1,235.986, while the euro was $1.3558. Ahead of New York’s opening, gold was $1,675.65 and in the euro at €1,235.50.

Silver Price Manipulation Case against JP Morgan

Is silver price manipulated? It might be, but given that it would be so difficult to prove it, that is not the right question to ask in our view. The correction question would be if anything can be done to make sure that you make money on your silver investments whether silver is manipulated or not. The answer to this important question is yes, it can be achieved thanks to diversification of strategies (you will find details in our gold portfolio report) and keeping at least part of one’s…

Silver Market Morning

In New York the gold price rose $5.50 to $1,673.00down only 50 cents, yesterday. In Asia on Monday it traded around the same level and then Fixed at $1,670.75 and in the euro at €1,234.93, while the euro was $1.3529. Ahead of New York’s opening, gold was $1,671.00 and in the euro at €1,235.22.

Silver Market Morning

In New York the gold price rose $5.50 to $1,673.50 yesterday. In Asia on Monday it began to recover a little more to $1,677 and then Fixed at $1,678.00 up $14 and in the euro at €1,240.02 up nearly €14, while the euro was $1.3532. Ahead of New York’s opening, gold was $1,680.65 and in the euro at €1,242.03.

Do Silver and Platinum Have Higher Growth Potential Than Gold?

We at Sunshine Profits suggest holding three precious metals (in a physical form) as long-term investments in a “default” precious metals portfolio – gold, silver and platinum. There are, of course, other viable options, such as palladium, depending on one’s preferences and needs, but these three mentioned above will suit virtually any precious metals investor.

Why Buy Silver?

•Silver has no counter-party risk. It is not someone else’s liability. Silver Eagles or Canadian Silver Maple Leaf coins are recognized around the world and have intrinsic value everywhere. The same is NOT true for hundreds of paper currencies that have become worthless, usually because the government or central bank printed them to excess to pay the debts of governments that did not control spending.

Silver Market Morning

In New York the gold price rose $3 to $1,667.80 continuing to consolidate, on Friday. In Asia on Monday it began to recover in the next and possibly final stage of its consolidation trading around that level in London’s morning where it Fixed at $1,664.25 almost the same as Friday and in the euro at €1,224.524 up €6.5, while the euro was $1.3591. Ahead of New York’s opening, gold was $1,663.00 and in the euro at €1,225.813.

Subscribe to Silver Market Updates

Newsletter Signup

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