Silver Mining News

Silver ETF Divergence

Launched 4 years ago this week, the SLV silver ETF has proven very successful.  With $5.1b in net assets, it already ranks among the top 20 largest ETFs in the US.  And the 287m ounces […]

Debt Crisis Explodes in Europe in a 'Market Gone Mad'

Gold's tiny rally in Far East trading ended at its high of the day around $1,149 spot at 5:00 p.m. Hong Kong time on Thursday… 4:00 a.m. Eastern time in the U.S… and it was all down hill from […]

Bonds nowhere to go but Down

It is better to do thine own duty, however lacking in merit, than to do that of another, even though efficiently. It is better to die doing one's own duty, for to do the duty […]

Gold, Silver, Oil & SP500 Trading Charts

It's been, an interesting week as stocks and commodities claw their way back up after the end of week sell off on Friday. Most of the chart technical are pointing to another wave lower for […]

Andover Ventures Inc. (TSXV: AOX) –Initiating Coverage; Company Eyeing Near Term Production from Past Producing, Fully Permitted Trixie Mine and Bonded and Permitted Mill

Investment Highlights Andover Ventures Inc. ("Andover", "AOX", "the company") is a Vancouver, British Columbia based exploration company focused on the mining friendly jurisdictions of Alaska and Utah. The SUN deposit located in the Ambler District […]

Dollar, Gold and Silver

A man who has committed a mistake and doesn't correct it is committing another mistake. – Confucius, BC 551-479, Chinese Ethical Teacher, Philosopher – The dollar as expected has mounted a very strong rally, and […]

Why Silver Should Soon Surge to $25 – Even to $70!

I think that we may be seeing the start of something big in silver and I have some ideas on how you can ride this wave, as silver goes to $20 an ounce, $25, and […]

Silver/Gold Ratio Reversion 3

Silver's recent rallying action is starting to catch traders' attention.  Since the end of its latest correction in early February, this white metal has surged 23% higher.  It has well outperformed gold, which only climbed […]

Another 2.15 Million Ounces of Silver Disappear From the SLV ETF

Not much happened in the gold market yesterday.  However, I note that Thursday was the third day in a row that the gold price was gently but firmly shoved back every time it tried to breach the […]

Precious Metals Resiliency Continues

This week has continued where last week left off. After the finance ministers from the European Union announced they had in conjunction with the (IMF) International Monetary Fund had approved a bail-out package in excess 45 billion Euro’s […]

Silver Short Squeeze and Alexco Resources

Silver has been performing very strongly over the past month, has broken through previous resistance and continues to move higher despite the large concentrated short position by commercial traders (JPM and HSBC) on the Comex. […]

Mid-Week Gold & Oil Trading Report

In my last report I showed some cycles for the price of gold and how they were starting to roll over which would in turn put some selling pressure on both gold and silver this […]

The IMF Creates Another US$500 Billion Out Of Thin Air

Gold was down about five bucks in Far East trading yesterday… with the low coming at the London a.m. gold fix around 10:30 a.m. local time.  From that low, gold rose until 9:00 a.m. in […]

Silver Analyst Ted Butler Says It's

Silver Analyst Ted Butler Says It's Nothing happened in either Far East or London trading on Thursday… and New York's action wasn't exactly the talk of the town, either.  Basically, it was just "another day off […]

The Engineering of a Financial Crisis

Nothing is more common on earth than to deceive and be deceived. – Johann G. Seume, 1763-1810, German Theologist. – The Dow continues to put in new highs but our 3 moving averages of new […]

U.S. could be solvent again with gold at $5,500: Jim Rickards

U.S. could be solvent again with gold at $5,500: Jim Rickards Wednesday trading in the Far East and London turned out to be a non-event… and New York opened yesterday just about where it closed […]

ETF Trading Setups for Gold, Silver, Oil & Natural Gas

This week has been playing out as expected with prices grinding their way higher and lots of sharp intraday sell offs and rallies which is indicative of a market getting toppy. Seems like the masses […]

Kensington gold mine will finally begin first production in July

Coeur d'Alene Mines announced it will commence mining operations in July at the Kensington gold mine and Palmarejo silver-gold mine off to a good start.

Michael Berry: Finding Safety in the Precious Metals

Source: By Tim McLaughlin and Karen Roche, Publisher of The Gold Report 4/7/10 Traditionally, the bond market is where investors have gone for safety in their portfolios. Discovery Investing pioneer Dr. Michael Berry says […]

Have We Just Seen The End of The Big Rally in Silver?

This essay is based on the Premium Update posted on April 2nd, 2010 In the previous essay, we've emphasized that gold is to move higher, and since it has just moved significantly higher, it seems […]

You Can't Make This Stuff Up!

Gold gained about one percent in light trading… as London was closed for the Easter Monday holiday.  Gold's high price of the day… shortly after 1:00 p.m. in New York… was recorded by Kitco at […]

Pediment Gold Corp Uncovered: The Field Tour Review

A Monday Morning Musing from Mickey the Mercenary Geologist [email protected] I first wrote about Pediment Gold Corp (PEZ.T) in a private report delivered on June 18, 2007. Parts of my missive were reprinted by Jay […]

John Licata: Gold Stands Its Ground

Source: Tim McLaughlin and Karen Roche of The Gold Report 4/5/10 Gold prices continue to climb and John Licata, chief commodity strategist at Blue Phoenix Inc., says he sees reason to be optimistic about […]

There is a way to beat JPMorgan at their game.

The revelation at last week's CFTC meeting that JPMorgan was the prime instigator behind the repeated 'takedowns' of the price of gold and silver came as no surprise to those of us who study the […]

The Analysis of Gold and the USD Index Once Again Provides Key Trading Signals

This essay is based on the Premium Update posted on April 2nd, 2010 In the March 26th commentary we wrote that given the historical significance of the RSI being at 70 and the fact that […]