Silver Mining News

Endeavour Silver Corporation Identifies Three New Veins

We will start with a quick look at the chart where we can see that Endeavour Silver Corporation (EXK) has put in a good rally gaining around 22% recently and as we see it once […]

Gold and Silver's Daily Review for 2nd September 2010

While the gold price was knocked back to $1,245 yesterday [in line with the London Fix of yesterday] today it climbed first in London, to be Fixed at $1,247.50] then early in New York.

Did JPMorgan Cover More Short Positions Yesterday?

Well, that little dip in the gold price in the wee hours of yesterday morning didn't amount to much… although it did set the low [around $1,231 spot] for the Tuesday trading session. 

Gold and Silver's Daily Review for 1st September 2010

To our surprise Asia drove the gold price well into resistance at $1,250 up two dollars on New York's close.   This was evidence of the steady tide of demand from the east.   There was little […]

Now That GATA Can Be Quoted, Can Central Banks Be Asked?

Monday was an extremely quiet trading day in both precious metals, despite the fact that it was also the last trading day in the August contract.  Gold was in a four dollar trading range throughout Monday… […]

Roger Wiegand: Opportunity in Crisis

Source: Brian Sylvester of The Gold Report 8/30/10 http://www.theaureport.com/pub/na/7226 Listening to Trader Tracks Editor Roger Wiegand talk about market conditions and precious metals is like listening to your favorite uncle tell stories at Thanksgiving.

How to Invest in Junior Gold and Silver Companies

The various large-cap gold stock indices are readying for a major breakout. As we’ve noted, this isn’t just a breakout through 2008 highs but a breakout through highs dating back to 1980. Yes, there are […]

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 […]

Gold and Silver's Daily Review for 30th August 2010

The week started with gold holding the levels last Friday saw in New York at $1,235.   It was Asia's day as London enjoyed a sunny holiday.   The issue of the day was the meeting of […]

Silver and Gold Fall from Favor

It seems many main stream commentators from the financial channels have abandoned the precious? Rather than beating the drum that gold is over $1000 per ounce we hear that gold is in a bubble.

Silver Wheaton Corporation Call Options closed with a Profit of 79.46%

We are pleased to report that today we closed our Call Options on Silver Wheaton Corporation (SLW) selling half of them for $2.00 at around 3.15pm EDT and the other half a little later for […]

Gold and Silver's Daily Review for 27th August 2010

Overnight the gold price stepped back a step or two and settled at $1,235 overnight.   The market is cautious now as the biggest resistance from $1,240 to $1,260 stands in the way of more rises.   […]

How To Trade Gold and Silver's Volatility

Understanding the key differences between both gold and silver's risk/volatility levels plays a large part in how I choose a low risk trade setup. Those of you who follow me already know the GLD etf […]

Gold Demand Up 36% in the Second Quarter: WGC

The gold price was pretty flat during Far East trading, but tacked on about five bucks shortly after London opened yesterday morning.  Then it didn't do much until New York opened… and from that point, […]

Is silver finally going to break through the key resistance of $18.50 per ounce?

Last week, the price of silver tested the key resistance level of $18.50/oz but, failed to penetrate this level. Once again, the bullion banks seemed to put a cap on the price at this level.

Gold and Silver's Daily Review for 26th August 2010

The gold price is fighting resistance all the way up now.   It has to break through $1,260 to show convincingly that it has done so.   This level represents a new high, if it can do […]

Harvest Gold Corp. (TSXV: HVG) – Excellent Drill Results at Rosebud; More Assays Forthcoming

About Harvest Gold Corp. Harvest Gold is a TSX Venture listed junior mineral exploration company. The company’s flagship property,Rosebud, hosts a past producing, high grade underground mine operated by a Hecla Mining (NYSE: HL) and […]

GOLD SETTLES $7.90 HIGHER… ($1241.30)

Today's Gold session rallied to eight week high's as poor economic data continues to send investors into safer haven markets. As stocks fall in Europe, Asia, and here in the U.S savvier investors are moving […]

JPMorgan Buys Back More of Its Silver and Gold Short Positions

As I mentioned in my closing comments in this column yesterday, it would be interesting to see if the 50-day moving average in gold… and the 200-day moving average in silver got taken out to […]

More Ignorant Snickering About Gold

Gold volume during the Monday trading day was so light that it's hard to take any price movements [either up or down] as having any real meaning.  Having said that, the pressure that existed yesterday was […]

Gold and Silver's Daily Review for 20th August 2010

It seems that the gold market is depending more and more on the Gold Fix in London both morning and afternoon, for price guidance.   Yesterday afternoon saw gold fixed at $1,233.5 and this morning at […]

Big Autumn Silver rally 2

Silver has been drifting in a rather lackluster summer. Ever since surging to $19.50 in mid-May, this often-popular white metal has been grinding sideways to lower. By late July it had fallen over 10% to […]

Gold and Silver's Daily Review for 20th August 2010

It seems that the gold market is depending more and more on the Gold Fix in London both morning and afternoon, for price guidance.   Yesterday afternoon saw gold fixed at $1,233.5 and this morning at […]

Gold and Silver's Daily Review for 19th August 2010

Gold held up overnight in Asia, then in London traders tried to push it down a couple of Dollars.   This did not work and just ahead of the Fix gold was trading at $1,228, at […]

Gold, Silver, Oil & SP500 ETF Trends & Reversal Levels

Trading commodities and indexes through the use of exchange traded funds sure keeps things simple for an average trader. These funds allow individual investors to buy and sell things like gold, silver, oil, the sp500 […]