loading
loading

SilverCrest Reports Q2 2014 Financial Results

August 13, 2014
By Chris Mullen, Chief Content Manager

"As expected, SilverCrest's second quarter financial results reflect Santa Elena's lower production numbers during the transition from an open pit, heap leach operation to an underground mine and milling circuit. With the major milestone of mill commissioning accomplished in early August, SilverCrest's immediate focus turns to underground stope production. Expected increases in ore grades fed to the mill, combined with potential higher metal recoveries, should result in the Company achieving…

Silver Market Morning

August 14, 2014
By Chris Mullen, Chief Content Manager

The gold price closed at $1,311.60 up $2.10 on Wednesday in New York. In Asia, gold prices rose slightly to $1,312 ahead of the opening in London. The gold price was Fixed at $1,315.00 up $4.00 and in the euro at €981.856 up €1.438, while the euro was stronger at $1.3393. Ahead of New York’s opening, gold was trading at $1,315.40 and in the euro at €983.48.

Silver Market Morning

August 15, 2014
By Chris Mullen, Chief Content Manager

The gold price closed at $1,313.00 up $1.40 on Thursday in New York. In Asia, gold prices rose slightly to $1,314.4 ahead of the opening in London. The gold price was Fixed at $1,313.50 down $1.50 and in the euro at €980.078 down €1.778, while the euro was stronger at $1.34.02. Ahead of New York’s opening, gold was trading at $1,312.40 and in the euro at €981.31.

117-year old London silver fix ends

August 15, 2014
By Chris Mullen, Chief Content Manager

Ross Norman, CEO of Sharps Pixley, discusses the implications of the end of London's Victorian era silver fix.

New 'LBMA Silver Price' - Still Not Transparent

August 15, 2014
By Chris Mullen, Chief Content Manager

Overnight, silver and gold in singapore were flat as they were in London prior and after the new ‘LBMA silver price’. Futures trading volume has picked up and was about average for the past 100 days this morning. Gold and silver remain in very tight ranges which usually precedes a sharp move higher or lower. Given the poor economic data recently and geopolitical backdrop we expect gold and silver to break higher in the coming days as we enter the seasonal sweet spot for gold and silver.

Silver Market Morning

August 18, 2014
By Chris Mullen, Chief Content Manager

The gold price closed at $1,304.10 down $8.90 on Friday in New York. In Asia, gold prices pulled back to $1,300 ahead of the opening in London. The gold price was Fixed at $1,302.75 down $10.75 and in the euro at €972.928 down €7.15, while the euro was weaker at $1.3390. Ahead of New York’s opening, gold was trading at $1,301.70 and in the euro at €971.78.

Why You Should Buy Silver Before It’s Too Late

August 18, 2014
By Chris Mullen, Chief Content Manager

Too often silver falls in the shadow of its flashy, favored cousin gold, but the precious metal grabbed headlines last week when a 117-year-old tradition came to an end.

Silver Market Morning

May 29, 2012
By Chris Mullen, Chief Content Manager

Gold closed higher at $1,575.40 and in London’s early morning rose to $1,577.80. The euro was slightly weaker in London at €1: $1.2539 50, cents lower. It Fixed at $1,573.75 and in the euro at €1,255.666. Ahead of New York’s opening gold stood at $1,572.30 and in the euro, €1,254.93 while the euro was at €1: $1.2529.

Silver Market Morning

August 19, 2014
By Chris Mullen, Chief Content Manager

The gold price closed at $1,298.90 down $5.20 on Monday’s level in New York. In Asia and early London, gold prices hugged the $1,300 level. The gold price was Fixed at $1,300.25 down $2.50 and in the euro at €973.251 up €0.323, while the euro was weaker at $1.3360. Ahead of New York’s opening, gold was trading at $1,300.50 and in the euro at €974.12.

On the Death of Newspapering

August 19, 2014
By Chris Mullen, Chief Content Manager

A friend sidled up to me the other day and said his daughter wanted to get a journalism degree and become a newspaper reporter. My response was that he should just loan her his Smith & Wesson. The consequences would be the same and she wouldn't be stuck with all that college loan debt.

Silver Market Morning

August 20, 2014
By Chris Mullen, Chief Content Manager

The gold price closed at $1,295.90 down $3.00 on Tuesday’s level in New York. In Asia and early London, gold prices held that level. The gold price was Fixed at $1,294.50 down $5.75 and in the euro at €973.748 up €0.497, while the euro was weaker at $1.3294. Ahead of New York’s opening, gold was trading at $1,294.60 and in the euro at €974.67.

Kill Switch?

August 20, 2014
By Chris Mullen, Chief Content Manager

I have written several times regarding the size of COMEX futures going into delivery periods. It is time to do this again with silver. The September delivery month has 65,000 contracts still open. This represents 325 million ounces of silver. The "registered" category at COMEX now has just over 60 million ounces available for deliver. If you tally up the entire inventory, this is roughly 175 million ounces.

Gold & Silver Trading Alert: Dollar Soars to New Highs

August 20, 2014
By Chris Mullen, Chief Content Manager

The back-and-forth trading in the USD Index ended as it pierced through the short-term resistance and also above this year’s high. As we have emphasized many times previously, the U.S. currency is after long-, medium- and short-term breakouts so the surprises should be to the upside.

Silver Market Morning

August 21, 2014
By Chris Mullen, Chief Content Manager

The gold price closed at $1,291.10 down $4.80 on Wednesday’s level in New York. In Asia and early London, gold prices pulled back to reflect a strong dollar. The gold price was Fixed at $1,280.50 down $14 and in the euro at €965.031 down €8.717, while the euro was weaker at $1.3269. Ahead of New York’s opening, gold was trading at $1,281.50 and in the euro at €966.40.

Endeavour Silver Acquires La Bufa Property Adjacent to Existing Endeavour Properties in the Guadalupe y Calvo Gold-Silver District, Chihuahua, Mexico

August 21, 2014
By Chris Mullen, Chief Content Manager

Endeavour Silver Corp. (EXK)(EDR.TO) announces it has entered into an agreement with Lincoln Mining Corporation to purchase a 100% interest in the La Bufa exploration property located adjacent to Endeavour's existing exploration properties in the Guadalupe y Calvo gold-silver district, Chihuahua, Mexico.

Market Report: Summer drift continues

August 22, 2014
By Chris Mullen, Chief Content Manager

Gold drifted lower this week, with the price undermined by lack of interest on low volume and a slightly more hawkish tone in the FOMC minutes released on Wednesday. The chart below, of gold and open interest on Comex, shows how the price has declined while open interest has hardly budged from its historically low level.

First Majestic to List on the Mexican Stock Exchange

August 22, 2014
By Chris Mullen, Chief Content Manager

First Majestic Silver Corp. (FR.TO) (AG) (the "Company" or "First Majestic") is pleased to announce that its common shares have been authorized for listing on the Mexican Stock Exchange ("BMV"). The Company expects the shares to begin trading on the BMV on Monday, August 25, 2014 under the trading symbol "AG". The Company will retain its primary listings on the Toronto Stock Exchange and the New York Stock Exchange under the trading symbols "FR" and "AG", respectively.

Silver Market Morning

August 25, 2014
By Chris Mullen, Chief Content Manager

The gold price closed at $1,280.4 up $3.30 on Friday’s level in New York. In Asia and London, gold prices slipped to $1276 as the dollar strengthened to $1.2305. The gold price was Fixed at $1,277.25 down $3.75 and in the euro at €964.181 down €0.936, while the euro was weaker at $1.3247. Ahead of New York’s opening, gold was trading at $1,278.30 and in the euro at €968.48.

Arian Silver's MD&A and Results for the Three Months Ended 31 March 2012

May 29, 2012
By Chris Mullen, Chief Content Manager

London, England, Arian Silver Corporation ("Arian" or the "Company") (TSXV: AGQ) (AIM: AGQ) (FRANKFURT: I3A), a silver exploration, development and production company with a focus on projects in the silver belt of Mexico, today announced the release of its Management's Discussion and Analysis ("MD&A") and unaudited Financial Statements ("Financials") for the three months ended 31 March 2012.

The MOAMOPE

August 25, 2014
By Chris Mullen, Chief Content Manager

The advent of computer generated trading algorithms heralded a quantum leap forward in the quest for 24/7 control of markets. No longer were humans beings required to do such unseemly things as man trading desks or worry a whit if free markets were, if even infrequently, attempting to function. Algo precision has made even the blackest of black swan events seem to turn lily white in their utter non-eventfulness. No more significant Dow or bond crashes, and best of all, no gold rallies exceeding…

Newsletter Signup

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