loading
loading

Silver Market Updates

The Silver Bull Market Is Over?

May 04, 2012
By Chris Mullen, Chief Content Manager

Is the Silver Bull Market Over? This is one question that we feel very confident that the answer to it is no; but still we are specifically watching for articles or news stories suggesting that the precious metals bull market is over. We have seen a few articles announcing the end of the metals bull market and we will explain why this is significant to us later in this article. But first, there are a host of reasons why we think the bull market in precious metals is alive and well and we…

Silver Market Morning

May 04, 2012
By Chris Mullen, Chief Content Manager

New York closed Thursday at $1,637.10 and slipped in Asia and London to $1,633 ahead of London’s opening. The euro was slightly stronger at €1: $1.3141. Gold Fixed it at $1,629.50 down $13 and in the euro at €1,240.201 down €11.5, while the euro stood at €1: $1.31239.

Silver Market Morning

May 03, 2012
By Chris Mullen, Chief Content Manager

New York closed Wednesday at $1,653.60 and slipped in Asia and London to $1,643.55 ahead of London’s Fixing. The euro was weaker from the start at €1: $1.3129 nearly a full cent weaker. Gold Fixed it at $1,642.50 down $10 and in the euro at €1,251.238 down €6.5, while the euro stood at €1: $1.3127. Ahead of New York’s opening it stood at $1,644.25 and in the euro €1,251.71 while the euro was at €1: $1.3136. Silver was$30.65 at the close in New York but opened in London at $30.41. Ahead of…

Follow SilverSeek.com on Twitter: SilverSeekcom | SilverSeekWire

April 30, 2012
By SilverSeek

Follow SilverSeek.com on Twitter: @SilverSeekcom | SilverSeek.com Wire: @SilverSeekWire

Critical Factors that will Impact Silver

April 30, 2012
By Chris Mullen, Chief Content Manager

The fundamentals for silver today are even better than they were last year when its price and sentiment were higher. Nevertheless, consumer affinity for precious metals has turned rather pessimistic presently. This may be indicated by those who see a rise in the COMEX silver inventories as well as a drop-off in Silver Eagle purchases. Furthermore, our favorite so-called precious metals analysts (more like Bears in a Bull’s skin) have come out of the woodwork to rub it in that the “GOLD BULL…

What Good is it if you Can't Spend It?

April 26, 2012
By Chris Mullen, Chief Content Manager

Buying silver and gold today will likely be better than buying Microsoft or Apple stock way back when they first came out, and this article addresses the fundamental reasons why. People often ask, "What good is silver or gold if I can't spend it?" But that's exactly why we all should buy it! Low monetary demand means silver and gold are still cheap and undervalued liquid assets that investors should crave.

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.

Subscribe to Silver Market Updates

Newsletter Signup

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