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Silver Market Updates

How to Trigger a Silver Avalanche by a Pebble: “Smash(ed) it Good”

December 08, 2016
By SilverSeek

Assuming the transcripts submitted are accepted and plaintiffs are permitted to file their Third Amended Complaint, the possible pending “avalanche” of settlements in silver lawsuits will speak volumes for the investigative prowess of the CFTC and the DOJ, both of which were commissioned to investigate long running allegations of silver and precious metals market manipulation over recent years, and came up completely empty.

Silver Market Morning: Dec 8 2016 - Gold and Silver building on support!

December 08, 2016
By SilverSeek

Some reports state that Chinese gold prices were ‘at a premium’ to New York’s prices. It would be more accurate to say that New York prices are at a discount to Shanghai prices in view of the more stable market in Shanghai. Capital restrictions in China have not been confirmed. We doubt that this would be true in view of the government’s encouragement of buying of gold at retail, institutional and government levels.

Silver Market Morning: Dec 7 2016 - Gold and Silver moving to narrowing range ahead of a strong move!

December 07, 2016
By SilverSeek

With Chinese prices stable at higher levels, it appears that when speculators sell without the backing of physical gold sales prices in Shanghai ignore New York’s prices. Shanghai therefore appears less dependent on the other global gold markets as it walks its own physical gold road. Once U.S. ETF sales halt we should see Shanghai prices take a more dominant role.

Buy Silver – May Replace Gold As Money In India

December 07, 2016
By SilverSeek

The Indian government has been trying to reduce its citizens’ demand for imported gold through a number of means over the last few years. This is part of a wider crackdown on currency used in the black market, that included the withdrawal and replacement of its two largest-denomination bank notes in early November. The strategy will likely have some unintended consequences if we take our cues from the events of 1910.

Silver Market Morning: Dec 6 2016 - Gold and Silver starting to find support!

December 06, 2016
By SilverSeek

With the gold price differential continuing to drain liquidity from London to Shanghai and with the Chinese New Year on the horizon we are sensitized to the speed with which gold prices move against sales or no sales of physical gold from the U.S. based gold ETFS. When these sales fall off prices are now rising. If purchases come in we expect to see almost disproportionate rises as the lack of stock makes itself felt.

Silver Market Morning: Dec 5 2016 - Gold and Silver still looking for a bottom!

December 05, 2016
By SilverSeek

Gold prices in Shanghai are $19 higher than New York’s close and $24 higher than London’s opening [allowing for the difference in the quality of gold priced in the different markets]. Many reports blame the restrictions on gold imports for the differential or on the restraints on exporting Yuan. If this is true, then the demand in China is extremely strong.

Market Report: Precious metals heavily oversold

December 02, 2016
By SilverSeek

Gold and silver traded modestly lower this week in the face of a strong dollar. The strains faced in currency markets are extreme, building up to a crisis, particularly for the euro. More on this below. Gold, as of morning trading in Europe, lost a further $13 over the week, and silver $0.14. The technical bears are out in force, making up stories forecasting the death of gold and silver, based on the following chart.

Silver Prices And Interest Rates

December 01, 2016
By SilverSeek

Many hyperinflations have occurred in the past 100 years. Example: Argentina has devalued against the U.S. dollar by 10 trillion to one since about 1950. The continued devaluation of the U. S. dollar, loss of reserve currency status, and coming massive “stimulus” spending could result in hyperinflation in the United States. Silver will reach incredible prices in such a disastrous situation. Few if any will be pleased with the consequences of hyperinflation, but owning silver will help mitigate…

Silver Market Morning: Nov-25-2016 -- Gold and Silver looking for a bottom!

November 25, 2016
By SilverSeek

We have pointed out to readers that there are two types of gold investors across the world. Those who use the gold price to try to make [currency] profits, which are then converted into one or another currency, see profit as the goal. Pork bellies would serve just as well if profits were better in that market. With Fund managers being made accountable on a month to month basis institution are measured on their profit making abilities. Markets are structured so that one can deal in a milli…

Silver Market Morning: Nov-23-2016 -- Gold and Silver consolidating at a bottom!

November 23, 2016
By SilverSeek

We are aware that central banks do not like to affect the gold price when buying and we are also aware that they are not keen to be predictable in their purchases. What is a practical ploy in buying is to not go to the market but to let the market come to them and just ‘accept the offer’ of gold from dealers when they are heavy with holdings. This does not affect the price but does remove available gold stocks from the market.

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