Silver Mining News

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

"Tuesday saw a p.m. Fix at $1,234.50 and at London's opening on Wednesday it was $10 up.   The morning Fix today was $1,240.50.   A look ahead to the rest of this week sees a scene […]

Gold, Silver and Austerity versus Growth We will kick off with a look at gold as she dances and teases her way around the previous record highs in a 'will she or will she not' frame of mind, as analysts […]

Gold Miners & Explorers Face Serious Supply Problems

Source: Brent Cook, Exploration Insights, for The Gold Report 6/28/10 Geologist Brent Cook, of Exploration Insights, in this exclusive article for The Gold Report, takes a look at the major gold mining companies' dilemma-declining […]

Owning silver is more important than ever.

Despite the recent price drop earlier last week, both gold and silver recovered towards the end of the week. However, both metals were slightly off their recent highs. But, even though gold made new historic […]

Gold and Silver's Daily

"Monday saw a p.m. Fix at $1,261 then the gold price dropped to Fix in the afternoon at $1,236.   This confirmed more consolidation is required for now. The price dropped back to the area where […]

Worlds Collide World leaders are meeting in Toronto, Canada, this weekend and the protests have begun.  They'll be discussing how they can manage to save the global economy.  Gold will be a topic, but not admitted. […]

GLD up… Again. SVL down… Again.

The gold price didn't do much of anything in Far East trading on Friday.  But, at the Hong Kong close at 6:30 p.m. local time, which just happens to occur at the same moment as the London a.m. […]

What's Bearish For Stocks Is Not Be Bearish For All Precious Metals…

This essay is based on the Premium Update posted on June 25th, 2010 In our most recent essay we have emphasized what influence might the general stock market have on the prices of the precious metals. […]

A Strange Options Expiry

For an options expiry day, it was about as different as they come.  Gold set a double bottom just under $1,230 spot… with the absolute bottom coming at the Comex open at $1,227.50 spot.  From […]

Gold and Silver's Daily Review for June 25th June 2010

"The market did move down during New York's day, but not by that much.   Then overnight it turned round to take us back towards $1,250.   The morning Fix at $1,242.50 was followed by a steady […]

Are we having fun yet?

Gold didn't do much until London opened for trading on Wednesday morning.  From that point, gold rose to its high of the day [around $1,247 spot] during the London lunch hour… shortly before New York opened for […]

Gold and Silver's Daily Review for June 24th June 2010

"The consolidation continues as gold sits in the lower area of its trading range after moving down to $1,239 before moving up to $1,244 ahead of New York's open and after a gold Fix of […]

Decline in Stocks & Gold-, Silver-, and Mining Stocks Investors' Profits

In our previous essay we have mentioned that it does not seem that the ultimate top for this gold rally is behind us. Consequently, this week we would like to provide more information on what may influence […]

Mosquito Consolidated Gold Mines Ltd. (TSXV: MSQ) – Initiating Coverage; Continued resource development at one of the world's largest undeveloped molybdenum deposits

Investment Highlights Mosquito Consolidated Gold Mines Ltd. (“Mosquito”, “MSQ”, “the company”) is a Vancouver, British Columbia based exploration company focused on development of the CUMO molybdenum-copper deposit located in the US state of Idaho. The […]

Upward momentum in silver prices look set to continue.

Prices of silver have finally broken through the key resistance level of US$19/oz. It was not long ago that it was struggling to break the resistance level of US$18/oz. This is a very positive sign […]

Gold & Silver Power Update – Stewart Thomson

1.    Gold blasted out of the ascending triangle I highlighted this morning right before the breakout. 2.     GOLD ASCENDING TRIANGLE 3.    Gold blasted off leaving a crowd of top callers and gold worriers behind.  The […]

I Buy Gold. I Don't Know What Else to Buy: Marc Faber

Gold didn't do a whole heck of a lot all through Far East trading, but around the London a.m. gold fix at 10:30 a.m. local time… 5:30 a.m. Eastern time… gold finally caught a bit of […]

What If the U.S. Dollar Crashes Overnight?

One of the questions that we've received last week was about the possible non-confirmation between gold at new highs and both silver and stocks lagging well beneath their old highs. The question is if such a […]

If You Build It… BP Will Come

Gold didn't do a heck of a lot on Tuesday until the London p.m. gold fix was in at 10:00 a.m. Eastern time.  Then it tacked on about a percent in the ensuing two hours… […]

Another Day on the Road to Perdition

Gold was up a few dollars in early Far East trading on Monday morning… and stayed that way until it had a short rally to its high of the day [around $1,235 spot] going into the London […]

4 Reasons Why Gold Should Continue to Shine

Gold and silver, and the stocks that are leveraged to them, have a long, long way to go. It’s not too late to get in on the action. In fact, I have 4 good reasons […]

Gold Prices Update 14th June 2010 As we mentioned recently the dollar may well have run its course for now having been the main beneficiary of the perils that have swamped the euro. This chart shows the US Dollar gradually […]

Rye Patch Continuing to Grow Nevada Resources

By Claire O'Connor and James West On May 18th 2010 Rye Patch Gold announced the first NI 43-101 compliant resource estimate for the company’s 100% owned Lincoln Hill gold-silver project in Western Nevada. Combined with […]

To Be Or Not To Be…In The Markets June 14, 2010 Markets rallied in the US late into the week with most gains coming on Thursday.  With options expiry coming in the week ahead we have be aware and not read too […]

GLD Adds Another 296,693 Ounces of Gold to its Stockpile

Gold was under pressure most of Thursday's trading session… and both rally attempts [one in London… and the other in New York after the London p.m. gold fix at 10:00 a.m. Eastern time] ran into not-for-profit sellers.  Gold's […]