Silver Mining News

Obama's New Iran Sanctions: An Act of War

With the U.S. closed for the long weekend yesterday, not much happened in the gold market on Monday… although gold came under a bit of selling pressure starting at 1:00 p.m. in Hong Kong. Every […]

The Dow Chart is Ugly

From its Thursday low of $1,195 spot shortly after 4:00 p.m. in New York… gold rose quietly until about 1:00 p.m. in Hong Kong trading on Friday.  From there it only added a few more dollars to […]

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

After the bad news from the U.S. on the housing and employment front most financial markets fell heavily.   Falls of 5% were not uncommon in Europe.   Amazing what computer programs and stop losses will do […]

Market Meltdown & Metal Missiles – SPX, Gold, Silver & Oil

Market Meltdown & Metal Missiles – SPX, Gold, Silver & Oil What a nutty week for the equities market! The bleeding has not led up with almost 2 weeks of straight selling. Also we are […]

The Risk and Reward Ratio on The Precious Metals Market

This essay is based on the Premium Update posted on July 1st, 2010 At times daily volatility can cause one to lose the big picture from sight – focusing on trees is ok as far as one […]

The Double-Dip recession Lies Ahead – What of Gold and Silver? Mr Bernanke and his close allies at the Fed in Washington are worried by signs that the U.S. recovery is running out of steam.   The ECRI leading indicator published by the Economic Cycle Research […]

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

"With the gold price holding around $1,240 [and fixing in London at that price] in the face of more bad employment news in the States [closer to recession?], gold is holding up very well.   Bear […]

Gold and Silver: The Ultimate in ‘Real’ Value

Analysts, financial planners and so called “experts” tout a variety of anti-inflation investments but none have the intrinsic value of gold, silver or any other precious metals. Lorimer Wilson, editor of, provides below further […]

Turk: Gold and Silver To Reach $8,000 and $400 Respectively by 2015

By 2015 gold will hit $8,000 and, if the gold:silver ratio reverts to the norm of 20:1 as I think it will, silver will reach $400. Words: 1309Lorimer Wilson, editor of, provides below further […]

GLD, GDX and SLV Does November 2009 Repeat in July 2010?

Last week I offered some analysis using the True Strength Index indicator on the daily and hourly charts of GLD, GDX and GDXJ.  This week I would like to offer what I believe to be […]

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 […]