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Silver Market Updates

Silver Market Morning

October 02, 2012
By Chris Mullen, Chief Content Manager

New York closed up $22 at $1,776.90 yesterday. This morning Asia and London took it slightly higher to $1,779.35 before it was Fixed at $1,778.50 and in the euro at €1,377.188 up $7, while the euro stood at $1.2914. Ahead of New York’s opening gold stood at $1,779.35 and in the euro at €1,377.21.

Silver Market Morning

October 01, 2012
By Chris Mullen, Chief Content Manager

New York closed up $22 at $1,773.30 on Friday. This morning Asia and London took it slightly lower before it was Fixed at $1,770.50 and in the euro at €1,372.800 up €7.50. The euro stood higher than Friday’s level at $1.2898 up half a cent on the dollar. Ahead of New York’s opening gold stood at $1,770.45 and in the euro at €1,372.76.

Silver Miners ETF

September 28, 2012
By Chris Mullen, Chief Content Manager

It’s hard to believe that silver was trading at only $4 just 11 years ago. And amazingly it was only 7 years ago that silver had hit $10 for the first time in nearly two decades. Now at over $30 and rising, silver is flexing its muscles as one of the best-performing assets of the last decade.

Silver Market Morning

September 27, 2012
By Chris Mullen, Chief Content Manager

New York closed down at $1,751.30 yesterday down $10. Asia and London took it slightly higher before it was Fixed at $1,755.25 down $8.50 on yesterday morning and in the euro at €1,365.316 down €5.50. The euro stood at the same level as yesterday at $1.2854. Ahead of New York’s opening gold stood at $1,755.40 and in the euro at €1,365.54.

Silver and the Myth of Diminishing Returns From QE

September 26, 2012
By Chris Mullen, Chief Content Manager

There is lots of talk in the financial media about how there are diminishing returns from QE (i.e. money printing) with each successive round of counterfeiting. This is only true because such commentators are stuck in paperbug world and focusing on common stocks. But common stocks are in a secular bear market, so it makes sense that there could be diminishing returns on common equities related to bailing out banks and governments by destroying the purchasing power of the currencies of the world.

Silver Market Morning

September 26, 2012
By Chris Mullen, Chief Content Manager

New York closed down at $1,761.40 yesterday. Asia and London held it slightly higher before it was Fixed at $1,763.75 and in the euro at €1,369.797. The euro weakened slightly to $1.2854, down half a cent. Ahead of New York’s opening gold stood at $1,762.30 and in the euro at €1,371.11.

Silver Market Morning

September 25, 2012
By Chris Mullen, Chief Content Manager

New York closed down at $1,764.50 on Friday $4 down on Thursday. Asia and London held it there and it was Fixed at $1,766.75 and in the euro at €1,369.361. The euro weakened slightly to $1.2911, down a cent. Ahead of New York’s opening gold stood at $1,766.85 and in the euro at €1,366.05.

Kiva Team SilverSeek.com Breaks $30,000 in Loans!

September 23, 2012
By SilverSeek, Featured Headlines

Over the past week, the GoldSeek-SilverSeek micro-lending team’s total loan amount surpassed the $30,000 mark. Over 1,175 loans to groups and individuals all around the world have been impacted by our lending efforts. Our 2012 lending goal of $15,000 has been achieved, now standing at $17,550 in loans for 2012, and we now have increased our challenge for our team to reach our new 2012 goal of $25,000. Please consider taking some of your money out of your nearly 0% APR return “savings”…

Silver Market Morning

September 21, 2012
By Chris Mullen, Chief Content Manager

New York closed down at $1,768.4 only $2 down on yesterday. Asia and London took it down to $1,775. London Fixed the gold price at $1,773.75 up down$13 and in the euro at €1,361.282 barely changed on yesterday. The euro strengthened slightly to $1.3026, up 0.8 of a cent. Ahead of New York’s opening gold stood at $1,774.85 and in the euro at €1,362.54.

Silver Market Morning

September 20, 2012
By Chris Mullen, Chief Content Manager

New York closed down at $1,770.50 the same as yesterday. Asia and London took it down to $1,762. London Fixed the gold price at $1,760.00 down$14.50 and in the euro at €1,360.334. The euro weakened slightly $1.2943, down half a cent. Ahead of New York’s opening gold stood at $1,758.72 and in the euro at €1,358.77.

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