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Santacruz Silver Reports PEA Results and New Resource on San Felipe Project, Mexico

September 11, 2014
By Chris Mullen, Chief Content Manager

Santacruz Silver Mining Ltd. (SCZ.V) is pleased to announce the results of a Preliminary Economic Assessment ("PEA") and new resource estimate prepared pursuant to National Instrument 43-101 ("NI 43-101") on its San Felipe Project located 130 km northeast of Hermosillo in Sonora State, Mexico.

Interview with Gary Christenson: Gold Prices in 3 Waves, Silver Is Inexpensive & The Stock Market/Gold Relationship

September 11, 2014
By Chris Mullen, Chief Content Manager

- Influence of geopolitics on gold - Gold prices in 3 waves 1971 – 2014 - Is gold in a correction? - The US gold in Fort Knox is secure, gone or irrelevant? - Is gold related to a collapse of the US dollar? - How to invest in gold? Physical or ETFs

Market Report: Strong dollar undermines precious metals

September 12, 2014
By Chris Mullen, Chief Content Manager

Precious metals have had to endure a week of gathering dollar strength, which is at least partly the result of problems specific to the euro, yen and sterling. The result is gold has fallen a further $30 over the week, and silver by about $0.70c. The first chart is of gold and open interest on Comex.

Silver Market Morning

September 15, 2014
By Chris Mullen, Chief Content Manager

The gold price closed at $1,230.70 down $19.30 on Friday in New York. In Asia and London, gold prices recovered slightly to $1,234.40. The gold price was Fixed at $1,234.75 down $12.25 and in the euro at €955.615 down €8.585 while the euro was weaker at $1.2921. Ahead of New York’s opening, gold was trading at $1,235.40 and in the euro at €955.90.

The Silver Sentiment Cycle

September 15, 2014
By Chris Mullen, Chief Content Manager

Are you buying silver instead of bonds? Are you buying silver instead of S&P indexed funds? Are you buying gold instead of earning 0.10% interest in your saving account? Are you preparing for a financial future based on real assets instead of paper promises secured by the integrity of politicians and bankers?

The Collapse Of U.S. Silver Stocks As Public Debt Skyrockets

September 15, 2014
By Chris Mullen, Chief Content Manager

The U.S. Empire is in real trouble. This is due to its idiotic business model of selling quality assets while acquiring massive liabilities and debts. Of course, the U.S. Government realizes this is not a sustainable way to do business, but at least for now.... we continue to have our Bread & Circuses, McDonalds & NFL Football for a bit longer.

Silver Market Morning

September 16, 2014
By Chris Mullen, Chief Content Manager

The gold price closed at $1,233.90 up $3.20 on Monday in New York. In Asia and London, gold prices recovered slightly to $1,235.80. The gold price was Fixed at $1,238.75 up $4.00 and in the euro at €956.933 up €1.318 while the euro was slightly stronger at $1.2945. Ahead of New York’s opening, gold was trading at $1,238.60 and in the euro at €956.74.

Silver Market Morning

September 17, 2014
By Chris Mullen, Chief Content Manager

The gold price closed at $1,235.50 up $1.60 on Tuesday in New York. In Asia and London, gold prices recovered slightly to $1,235.80. The gold price was Fixed at $1,236.50 down $2.25 and in the euro at €954.237 down €2.696, while the euro was slightly stronger at $1.2958. Ahead of New York’s opening, gold was trading at $1,237.80 and in the euro at €954.83.

Silver Market Morning

June 01, 2012
By Chris Mullen, Chief Content Manager

Gold closed in New York at $1,562.10 down $2.70 and in London’s early morning fell to $1,560.60 the same as yesterday. The euro stood at €1: $1.2364 another 30 cents lower than yesterday. Gold Fixed at $1,552.50 down $15 and in the euro at €1,259.370 down €3. Ahead of New York’s opening gold stood at $1,552.15 and in the euro, €1,259.45 while the euro was at €1: $1.2324.

Silver Buyers Keep Stacking And Demand Higher Despite Falling Prices

September 18, 2014
By Chris Mullen, Chief Content Manager

The overall trend in the silver market currently appears to be, when prices weaken, investors continue to hold and in some cases buy more. While the price has fallen, overall holdings of the silver ETFs still remain near an all-time high. This would suggest that silver investors are now expecting higher prices again due to continued industrial and investment silver demand.

Silver Market Morning

September 18, 2014
By Chris Mullen, Chief Content Manager

The gold price closed at $1,221.60 down $13.90 on Wednesday in New York. In Asia and London, gold prices recovered slightly to $1,224. The gold price was Fixed at $1,223.00 down $13.50 and in the euro at €949.609 down €4.628, while the euro was slightly much weaker at $1.2879. Ahead of New York’s opening, gold was trading at $1,223.80 and in the euro at €950.19.

Santacruz Silver Announces US$28.4M Silver Prepay Agreement

September 18, 2014
By Chris Mullen, Chief Content Manager

Santacruz Silver Mining Ltd. ("Santacruz" or the "Company") (SCZ.V) is pleased to announce that it has entered into a US$28.4 million Pre-paid Silver Purchase Agreement with JMET, LLC to sell 4,635,000 ounces of silver through August 2019, subject to certain adjustments relating to metal prices. In addition to US$ 28.4 million that will be paid to the Company up front upon satisfaction of certain conditions, at the time of each delivery the Company will receive an amount per ounce of silver…

Silver: a Collapse and a Rally

September 18, 2014
By Chris Mullen, Chief Content Manager

COMPLAINT FROM A SILVER BULL: The last 3 plus years have been difficult. My faith in the silver bull market and my fear of fiat currencies has been shattered. There is no joy in “Silverville” – nothing but worry and despair!

Silver Market Morning

September 19, 2014
By Chris Mullen, Chief Content Manager

The gold price closed at $1,224.9 up $3.30 Thursday in New York. In Asia and London, gold prices slipped slightly to $1,223. The gold price was Fixed at $1,222.50 down $0.50 and in the euro at €949.220 down €0.389, while the euro was the same at $1.2879. Ahead of New York’s opening, gold was trading at $1,222.50 and in the euro at €951.44.

Market Report: Another miserable week for PMs

September 19, 2014
By Chris Mullen, Chief Content Manager

Gold and silver drifted lower over the course of the week, with a challenge to the $1200 level for gold becoming a distinct possibility. Silver is struggling to hold $18.50. Mainstream opinion has been negative for commodities generally, with a strong dollar undermining them. Brent crude, for example, is now well under $100.

The Chart Every Silver Investor Should See

September 19, 2014
By Chris Mullen, Chief Content Manager

There is a chart that every silver investor needs to see. Especially now, as the Fed and Central Banks continue to manipulate the precious metals lower while propping up the broader stock and bond markets. Even though precious metals sentiment is at record lows, this normally represents a turning point in the gold and silver markets.

Silver Market Morning

September 22, 2014
By Chris Mullen, Chief Content Manager

The gold price closed at $1,217.60 down $7.30 on Friday in New York. In Asia and London, gold prices slipped slightly to $1,212. The gold price was Fixed at $1,214.00 down $8.50 and in the euro at €944.747 down €4.473, while the euro was the same at $1.2850. Ahead of New York’s opening, gold was trading at $1,213.60 and in the euro at €945.28.

COPPER vs SILVER MANIPULATION: The Tale Of Two Metals

September 22, 2014
By Chris Mullen, Chief Content Manager

While it’s true that the entire financial system is rigged today, some markets are manipulated more than others. This is certainly true for the precious metals… particularly SILVER. This metal is the whipping boy of the Fed and Cartel Bullion Banks. Most would believe it’s impossible to manipulation a metal for decades… it isn’t.

Silver Headed to $75-$125/oz. in 1-2 years

June 03, 2012
By Chris Mullen, Chief Content Manager

My experience and the charts tell me that silver prices are likely to head to $75 to $125/oz. in the next one to two years. That's about a 150% to 230% gain for those who buy silver under $30/oz.

Silver Market Morning

September 23, 2014
By Chris Mullen, Chief Content Manager

The gold price closed at $1,215.30 down $2.30 on Monday in New York. In Asia and London, gold prices rose to $1,218. The gold price was Fixed at $1,225.00 up $11.00 and in the euro at €951.013 up €6.266, while the euro was stronger at $1.2881. Ahead of New York’s opening, gold was trading at $1,226.20 and in the euro at €951.10.

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