July 11, 2011

Gold, Silver Pop on Laundry List of Bad News

Gold and silver prices were extending last week's gains as investors fled into the safe haven assets after a spate of weak global economic news.

July 11, 2011

Former Goldman trader: there’s huge unforeseen demand coming in the physical gold and silver markets (GS, GLD, SLV)

Andrew Maguire, a former trader with Goldman Sachs and a vocal spokesman about what he suspects is market manipulation in the gold and silver markets, has been saying for awhile…

July 11, 2011

Silvercorp Reports 24 pct Year Over Year M and I Silver-Equivalent Resource Growth

- Silvercorp Metals Inc. (TSX:SVM)(NYSE:SVM) (the "Company") reports the Company's total in situ Measured and Indicated silver-equivalent metal resources have increased by 24%, and now stands at 153 million silver…

July 11, 2011

Impact Silver Announces Fatality At Guadalupe Mill Site

IMPACT Silver Corp. ("IMPACT") regrets to announce that an employee was fatally injured on the morning of July 7, 2011, following an accident at its Guadalupe Mill in Mexico State.…

July 10, 2011

How much silver can I buy for 100 trillion dollars?

How much silver can I buy for a hundred trillion Zimbabwe dollars? Endeavour Silver asks this question to kick off a short video demonstrating the value of the white metal…

July 9, 2011

India’s MMTC to import 12% more gold, 30% more silver

Mineweb reported that India wants to increase gold and silver imports to meet higher demand. The market news is quoted as saying: The state-run trading company called Minerals and Metals…

July 9, 2011

Gold pops, silver sputters on weak jobs report

The Street reported that gold prices increased and silver was flat following a poor report on US jobs. The market news is quoted as saying: Before the jobs number, the…

July 9, 2011

Argentum closes final tranche of private placement

Argentum Silver Corp. (TSX VENTURE:ASL) has closed the third and final tranche of its non-brokered private placement of $0.35 units. The units each consist of one common share and one-half…

July 9, 2011

Silver and gold ‘overbought’ and take a COMEX June thumping

Gold and silver took a thumping in late June as overbought speculative positions were unwound and gold's contraction of 132 tonnes in the net long on COMEX was the largest…

July 9, 2011

Gold and silver as money – reasons and relevance today

The need for a stable means of exchange is as old as mankind. Cigarettes, seashells, salt, goats, dried fish, or paper all fulfilled that role at some point. Their scarceness…