Silver Mining News

Gold Forecaster -Will the Gold, Silver, Oil and other markets tolerate a $1.50 – $1.70 Dollar?

The plight of the U.S. Fed Chairman Ben Bernanke said he thought the current high unemployment and low inflation environment would linger into 2011 and as a result there is a "case for further action" […]

Gold and Silver's Daily Review for 15th October 2010

The dollar has crossed the $1.41 to the euro line and is headed to $1.50.   There hardly seems anything in its way for more substantial falls.   How will the markets of the world react to […]

Gold and Silver's Daily Review for 14th October 2010

As the dollar continued to fall through $1.4 to the euro and is now aiming to go over $1.41 other currencies and precious metals are reflecting that fall.   The gold price in Asia and London […]

The momentum in silver prices continues to propel the price to new levels.

In 1980, the price of silver exploded upwards and traded above $50 an ounce. I recall this very clearly because I was trading silver through the London Metals Exchange (LME). In those days, the contract […]

Nothing Like Uncertainty to Boost Gold Prices

A snap shot of the year as captured by the above chart, shows that we have in first place silver, followed by gold, which is closely followed by the gold producers and in fourth spot, […]

Gold and Silver's Daily Review for 13th October 2010

Asia pushed the price of gold up forcefully overnight taking it to $1,358 on Globex before it fixed in London at $1,358.50 this morning.   Thereafter, in London it continued to attack the $1,360 level without […]

DAILY REPORT

We are bearing witness to one of the most prolific battles in modern times; it’s the battle of fiat money versus gold and silver. Another way to express this is the Federal Reserve versus the […]

Tis the Season…

We are being told by both attendees and corporate sponsors that last week's subscriber session at Vancouver's Fairmont Waterfront was a great success.  For that we want thank Nichola who works with us and with […]

Junior Supernova's

Recently I have been reading and hearing about a commodities bubble. I disagree with the idea of commodities being in a bubble – some may occasionally become overbought and correct. Occasionally we will see profit […]

Gold Is The Best Asset Class To Be In

YESTERDAY IN GOLD AND SILVER It was basically a nothing day in the gold market on Monday.  Gold got sold off a bit at the Comex open in New York, but managed to recover that […]

Gold and Silver's Daily Review for 11th October 2010

After Asia took the gold price up from New York's close of $1,343 to $1,248, London Fixed at $1,348.5 this morning.   In the euro gold is also recovering from its recent €956 and stands at […]

Gold Forecaster – Are U.S. Investors driving the Gold Price?

The Nature of U.S. Investors The U.S. is a world of well educated, highly sophisticated investors who use an extraordinary well developed set of markets through which to invest into every item that has a […]

Great Panther Silver

As a general rule, the most successful man in life is the man who has the best information The silver/gold vein systems of the Veta Madre at Guanajuato were discovered as early as 1548. At […]

Gold and Silver's Daily Review for 8th October 2010

Gold was fixed at #1,330.5 down $29 on yesterday morning.   $1,359.50 a 2% drop and the dollar has recovered to $1.39.02 from $1,3971 against the euro a half a percentage drop.     It was in New […]

Endeavour Silver Corporation: On Track to Beat Production Forecast

Fresh off the press from Vancouver, Endeavour Silver Corporation (EXK) has announced that its silver and gold production for the third quarter, 2010, from the Company's two operating silver mines in Mexico, have achieved silver […]

Perilya announces binding pre-bid agreement to take over Globestar Mining

The all-cash offer values the Canadian listed miner, which among others holds the Cerro de Maimón copper-gold-silver project in the Dominican Republic at C$184m. Read more

We May Need to Wait for the Next Strong Upleg

This essay is based on the Premium Update posted on October 1st, 2010 The concern in the U.S. is that if the Federal Reserve pumps more money into the system, its efforts will hurt the value […]

Historic Breakout To New All Time Highs

The miners have now joined gold and silver at new all time highs. (Well silver isn't at all time highs but it is at bull market highs.) The entire precious metal complex is now trading […]

Gold and Silver's Daily Review for 7th October 2010

Gold was fixed at $1,359.50 and the dollar has slipped to $1,3971.   In the euro gold is barely changed after Fixing at €973.017.   It was not so long ago that the dollar fell to $1.50 […]

Very strong momentum in silver drives prices to a 30 year high

In the same time that the price of gold has moved from its recent lows of $1155 to a new record high, a hair below $13500 an ounce; an increase of 17%, the price of […]

An Evolution in the Precious Metals Sector, Stocks of Junior Silver Companies

The Big Guys are Buying the Little Guys We have suggested that junior metals mining, exploration and producers stocks are a very good place to invest currently. A recent phenomenon, while not unexpected, has drawn […]

Gold and Silver's Daily Review for 6th October 2010

Highlighting how investors can miss the perspective of the market the gold price rose $35+ yesterday, sparking the perception that gold was shooting up.   In Europe gold rose €2 to €968.   When gold was $1,305 […]

Barrick selects Maptek™ technology for Pascua-Lama project

Barrick has selected the Maptek Vulcan™ mine planning and scheduling tools for implementation at the new Pascua-Lama project in South America. The open pit gold–silver project, straddling the border between Chile and Argentina, is the […]

Gold and Silver's Daily Review for 5th October 2010

Yesterday the Bank of Japan lowered interest rates to not far from zero and indicated they would monetize government bonds by buying them from the market.   This is QE.   It will add to the intervention […]

Gold and Silver's Daily Review for 4th October 2010

On Friday in London, the afternoon Fix [set after New York had opened] was Fixed at $1,316.25.   After that it did hit $1,320.   In both Asia and London the gold price slid back to $1,316, […]