loading
loading

Silver Market Updates

The Silver Megathrust

April 26, 2012
By Chris Mullen, Chief Content Manager

Between 1970 and 1979, the silver price was increasing steadily from $1.50 to $6, before taking off in September 1979 from $10 to $50 within 5 months. During that bull cycle, demand for silver did not increase but actually declined (sharply in 1979). It was as late as 1983 when demand increased confidently from 12,000 to 27,000 tons per year until 2000 – yet the silver price was in a 20 year bear market during that time. In 2003, when silver started its new bull market, the demand actually…

Bull Hammer in Silver

April 26, 2012
By Chris Mullen, Chief Content Manager

There was some major downside price rejection yesterday in Silver which can be seen clearly in the bull "Hammer" daily candlestick pattern. This should make the bears think twice about their prospects. There is potential here for a near term change in trend, but it is important to remember Japanese Candlestick patterns are useless without confirmation.

Will Silver and Platinum Outperform Gold in the Near Future?

April 25, 2012
By Chris Mullen, Chief Content Manager

Summing up, the long-term picture in the USD market continues to appear a bit more bearish than not and the implications for the precious metals are generally positive. The silver-to-gold ratio chart suggests that silver is likely to outperform gold in the months to come, yet it should be kept in mind that this may require some time to happen. Additional short-term volatility has been seen in the platinum market, but this is not unusual.

Silver Market Update

April 23, 2012
By Clive Maund

Is silver becoming a bearmarket, or is a bottom pattern completing that will lead to a major new uptrend soon? That is the big conundrum facing investors and speculators in the sector and in this update it will become apparent that the situation must resolve itself with a decisive move soon, one way or the other.

Silver’s Trend & the Death of Technical Analysis

April 05, 2012
By Chris Mullen, Chief Content Manager

The death of technical analysis has arrived.What took place in the markets (especially in the precious metals) on April 3rd & 4th proves this in spades.There were several calls made prior to the takedown, by some very well known individuals in the precious metal field, that became NULL & VOID when either bottoms or chart patterns failed.I am not going to name names, but I would imagine those who have been following the gold and silver markets for quite some time, know who I am talking…

Silver Market Update

April 01, 2012
By Clive Maund

Silver is marking out a Head-and-Shoulders pattern that parallels the one forming in gold, but whereas the one in gold is classified as a Head-and-Shoulders continuation pattern, the one in silver is classified as a Head-and-Shoulders bottom. The reason for this difference is that the pattern in gold has formed not very far beneath the highs, and thus comparatively does not have much of a loss to reverse, whereas the pattern in silver has got quite a lot to reverse, as can be seen by comparing…

The Coming Paradigm Shift in Silver

January 30, 2012
By Chris Mullen, Chief Content Manager

The biggest problem for investors today in trying to forecast the future price of silver is the enormous amount of contradictory analysis on the Internet.  There are bulls, bears, paper traders, physical buyers, technical analysts, hedge funds, commercial banks and silver manufacturers all trying to play a part in this highly volatile silver market.  Trying to sift through the huge volumes of silver analysis on the internet can be extremely frustrating.  In addition, some of this…

Silver Sales Up As Supply Slips

January 04, 2012
By Chris Mullen, Chief Content Manager

For the first time in history, Silver Eagle & Maple Leaf sales will surpass domestic silver production in the U.S. and Canada in 2011The demand for American Silver Eagles and Canadian Maple Leaf coins has increased tremendously over the past several years.  2011 will be the first year in which official coin sales will surpass domestic silver production in both countries.Even though each country has seen declines in their domestic silver production over the past decade, U.S. silver…

Subscribe to Silver Market Updates

Newsletter Signup

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