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Silver Market Updates

Silver ends at lowest since November 2010

June 22, 2012
By SilverSeek

Silver’s drop, however, made gold’s decline look like a sneeze. Silver settled at its lowest since November 2010, amassing losses of 7.2% on the week. Analysts at VTB Capital said in a note to clients the ratio between gold and silver was at a level last seen in October 2010.

Silver COT Report - June 22, 2012

June 22, 2012
By SilverSeek

Silver COT Report - June 22, 2012.

Silver coins hot up in India as gold sales weaken

June 22, 2012
By SilverSeek

With gold prices too hot for many in India, silver has regained its sheen. Sales of silver coins are soaring in India, with most consumers buying silver coins which herald good luck and prosperity. Gold, on the other hand, has hit several highs in the last couple of days, deterring buyers from the precious metal. Delayed monsoons in India have all but grounded sale of gold too. In rural India, sales of the yellow metal are closely linked to monsoon, since good rains that bring on a rich…

Silver Market Morning

June 21, 2012
By Chris Mullen, Chief Content Manager

Gold closed in New York at $1,606.40 down $13. The Fixing in London today was set at $1,600.00, stronger than expected. In the euro it was set at €1,261.$432. Ahead of New York’s opening gold stood at $1,600and in the euro, €1,269.96 while the euro was at €1: $1.2681, only slightly weaker.

Silver Market Update

June 20, 2012
By Chris Mullen, Chief Content Manager

The outcome of the Greek vote at the weekend was not favorable for the markets, or for Precious Metals in particular. This is because it did not precipitate an immediate worsening of the acute crisis in Europe, and thus did not create the pressure needed to bring forward the major QE that must eventually come in order to delay Europe's eventual complete collapse. Why then have markets not caved in already? - because investors are "smoking the hopium pipe" and waiting for the Fed to pull a…

Silver Market Morning

June 20, 2012
By Chris Mullen, Chief Content Manager

Gold closed in New York at $1,619.6 ahead of the Fed’s FOMC meeting today. The Fixing in London today was set at $1,618.75. In the euro it was set at €1,274.807 €17 down. Ahead of New York’s opening gold stood at $1,611.32 and in the euro, €1,269.96 while the euro was at €1: $1.2688.

Silver Market Morning

June 19, 2012
By Chris Mullen, Chief Content Manager

Gold closed in New York at $1,627.40. The Fixing in London today was set at $1,628.50. In the euro it was set at €1,291.743. Ahead of New York’s opening gold stood at $1,631.00 and in the euro, €1,293.73 while the euro was at €1: $1.2607.

Silver Market Morning

June 18, 2012
By Chris Mullen, Chief Content Manager

Gold closed in New York at $1,626.20. The Fixing in London today was set at $1,623.5. In the euro it was set at €1,284.516. The changes since Friday have been slight, meaning the Greek election results have had little impact. Ahead of New York’s opening gold stood at $1,624.12 and in the euro, €1,283.30 while the euro was at €1: $1.2651.

Is Silver Currently Riskier Than Gold?

June 15, 2012
By Chris Mullen, Chief Content Manager

Summing up, even though the fundamental picture for silver and the long-term case are bullish, the technical situation for silver is quite bearish at this time and its medium-term picture is more bearish than gold’s.

A Blueprint to Kill JP Morgan’s Alleged Massive Manipulative Position in the Silver Futures Market

June 15, 2012
By Chris Mullen, Chief Content Manager

Our mission at SmartKnowledgeU, besides helping our clients to protect and grow their wealth in the face of the criminality of the global banking cartel, has always been, since day one, to also be a spark to reinstate a sound, gold-based monetary system. Bankers have released so much propaganda and deceit regarding the inability of our current fraudulent monetary system to return to a gold-based monetary system that I have written two books to be released this month and next that refutes the…

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