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Silver Market Updates

Silver Sector Shrinking

August 23, 2012
By Chris Mullen, Chief Content Manager

It has been a while since we had this nagging feeling that we’re witnessing something profound taking place before our eyes and the market doesn’t seem to grasp it yet. We are not talking about the smorgasbord of events effecting markets all over the globe that is receiving ample coverage elsewhere in the media. As readers might know, our particular interest is in the silver space, and that is where we see an elephant in the room that hasn’t made headlines yet.

Silver Market Morning

August 23, 2012
By Chris Mullen, Chief Content Manager

New York gold closed at $1,654.40 up $17.10 on the day. Asia and London took it higher to $1,666.73 with the euro 92 points stronger at €1: $1.2567. This is gold running up against all currencies but with the euro now. Gold was Fixed in London at $1,662.50 and in the euro it was Fixed at €1,324.068 up €8 on yesterday’s Fix. After the Fix and just ahead of New York’s opening, gold pulled back to $1,658.70 in the middle and in the euro to €1,321.57.

Silver Update

August 22, 2012
By Chris Mullen, Chief Content Manager

The silver chart has formed a big pennant like that of the gold chart. What this indicates is that the silver price will likely make a massive move soon. Technically, this move can be up or down. Note that this update is from my premium service originally published on 6 August 2012.

Silver Market Morning

August 22, 2012
By Chris Mullen, Chief Content Manager

New York gold closed at $1,637.30 up $16.60 on the day. Asia and London took it higher to $1,644 with the euro only 20 points stronger at €1: $1.2470. This is gold running up against all currencies and breaking free from the euro in the process. Gold was Fixed in London at $1,640.50 and in the euro it was Fixed at €1,315.874 up €7 on yesterday’s Fix.

Gold's Little Brother Is Talking

August 21, 2012
By Chris Mullen, Chief Content Manager

Silver seems set to perform well against the dollar, but it also appears to be ready to make gold look like a bit of a slug.Unlike most silver investors, I have no interest in selling silver for “dollars of profit”. I view silver primarily as a currency.Gold is the ultimate currency, and I think silver is best viewed as “gold’s little brother”.I sold silver for gold in the first quarter of 2011, and now it’s time for me to buy silver with gold.

Silver Market Morning

August 21, 2012
By Chris Mullen, Chief Content Manager

New York gold closed at $1,620.70 up $5 on the day. Asia and London initially took it to $1,622 but when the euro moved stronger to €1: $1.2459 up from €1: $1.2360 gold started to rise after the Fix which was set at $1,624.00. In the euro it was Fixed at €1,308.939 slightly down on yesterday. After the Fix and just ahead of New York’s opening, gold ran up to $1,636 in the middle and in the euro to €1,313.42.

Silver Market Manipulation FAQ

August 20, 2012
By Chris Mullen, Chief Content Manager

The Silver Market Manipulation FAQ is a compilation of information and references about silver market manipulation assembled for the Silver Circle movie website (www.SilverCircleMovie.com) and exclusively hosted there.

Watch Out For A Silver Breakout Higher

August 20, 2012
By Chris Mullen, Chief Content Manager

An old melody advises us to look for the silver lining whenever dark clouds appear in the blue. There is economic and political upheaval all over the world, especially in the South China Seas. This may directly affect the world’s supply of industrial metals such as graphite, rare earths, molybdenum and tungsten.

Silver Market Morning

August 20, 2012
By Chris Mullen, Chief Content Manager

New York gold closed at $1,615.90 almost the same as the day before. Asia and London kept it there in the London day. Gold was Fixed at $1,615.25 up 15 cents on Friday’ p.m. Fix. In the euro it was Fixed at €1,306.837 down €5 on Friday’s p.m. Fix, while the euro stood at €1: $1.2360. Ahead of New York’s opening, gold was steady at $1,615.00 in the middle and in the euro at €1,310.55.

Silver Market Morning

August 17, 2012
By Chris Mullen, Chief Content Manager

New York gold closed at $1,614.00 up $9.90. Asia and London whipped it up to $1,618.45 early in the London day. Gold was Fixed at $1,616.50 up $13, as the euro stood at €1: $1.2328. In the euro it was Fixed at €1,306.052 nearly the same as yesterday morning. Ahead of New York’s opening, gold was steady at $1,617.29 in the middle and in the euro at €1,307.64.

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