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- Gold Seeker Closing Report: Gold and Silver Gain With Oil and Stocks
Gold traded mostly slightly higher in Asia and London and rose to as high as $1253.05 by about 9:30AM EST in New York before it fell back off a bit in choppy trade into the close, but it still ended with a gain of 0.43%. Silver climbed to a new 3 month high at as high as $19.66 before it also fell back off slightly in the last 4 hours of trade, but it still ended with a gain of 0.83%. - Nuts and Bolts of COMEX Silver Manipulation
Taking a deep look at the details of COMEX silver trading can be very illuminating as to why but when you understand what is really going on... it is downright infuriating! I've put together a rare glimpse into what REALLY happens when buyers and sellers get together to make a market in silver on the COMEX. I hope you are sitting down because this covers just 5 MINUTES of a ordinary trading day... - Gold Seeker Closing Report: Gold and Silver Fall Slightly While Stocks Gain Over 2%
Gold climbed to a new 2 month high at $1254.74 a little after 8:30AM EST before it dropped back down to as low as $1242.15 by late morning in New York, but it then bounced back higher into the close and ended with a loss of just 0.15%. Silver climbed to as high as $19.48 and fell to as low as $19.22 before it also bounced back higher and ended with a loss of just 0.05%. - Hyperinflation vs. Inflation: Understand the Difference
Hyperinflation and inflation may share the same root, but they're two entirely different trees. While many assume that hyperinflation is just inflation's oversized cousin, there is much more to hyperinflation than most are aware. - Gold Seeker Closing Report: Gold and Silver Gain Almost 1% and 2%
Silver fell almost 1.5% to $18.76 in London before it jumped to as high as $19.288 in early New York trade and then pared its gains a bit, but it ultimately rose to new highs in late trade and ended near its last minute high of $19.405 with a gain of 1.73%. - Gold Seeker Closing Report: Gold and Silver End Near Unchanged While Stocks Fall
Gold traded within a tight range of $1233.10 to $1238.18 and ended with a gain of 0.08%. Silver climbed to as high as $19.19 and fell to as low as $18.91 before it bounced back higher and ended unchanged on the day. - Silver Producers Enter Profitable Phase
The latest quarterly (Q2, ended June 30, 2010) results from a number of silver producers confirm that they are now entering a phase of sustainable profits. We will look at several companies and try to make sense of the numbers as well as make an EPS projection for the calendar year 2010. - When Will Silver Prices Explode?
Many analysts and investors try to guess when silver prices will explode. They make these guesses based on the charts, or even by the fundamentals like I do. I pointed out the fundamental supply and demand numbers in my last article, "1% of 1%". The Tiny Silver Market attracts 1% of 1%, or $1 out of every $10,000 in the US Banking system, each year. - Silver and Gold Fall from Favor
My point is that we may experience a tough summer once again, but in a bull market most surprises are to the upside not the downside. As more and more former gold bugs abandon ship, and the sentiment gets very poor you can rest assured the bottom has arrived. Then the precious metals continue to ascend the wall of worry. - Silver Market Update
After looking extremely vulnerable for weeks, silver staged an upside breakout last week that has taken the price away from the danger zone and also signaled a probable breakout to new highs that, should it occur after such a prolonged standoff, can be expected to lead to a powerful uptrend that takes the price to a target area in the high $20’s.
