May 4, 2011

Midas letter’s big drill hits in gold and silver

Gold and silver have fallen out of bed this week as the top stories provide an opportunity for the mainstream media to deliver another volley of ‘things are getting better’…

May 4, 2011

Despite recent events gold prices remain a dollar play

The dash from $1425/oz to $1563/oz came to a halt today on news that is perceived to be good for the USD. The technical indicators are firmly in the overbought…

May 4, 2011

Comex silver drags gold down as it heads for third day of loss

COMEX silver dropped 3 percent on Wednesday, down for a third straight session, and gold faltered as precious metals came under pressure to correct after a strong rally in the…

May 4, 2011

Alexco releases initial production results for Bellekeno Mine; On track for 2011 silver production of 2.8 million ounces

Alexco Resource Corp. (TSX:AXR)(NYSE Amex:AXU) today reported the first full quarter production results from its newly commissioned Bellekeno mine and mill in the Keno Hill Silver District, Yukon. First Quarter…

May 3, 2011

Wildcat closes $13 million private placement with Silver Wheaton

Wildcat Silver Corporation (TSX-V: WS) (“Wildcat” or “the Company”) announces that it has closed the $13 million private placement of 10 million […]

May 3, 2011

The silver connection is over, next stop $62

The 10% + plunge in silver has some asking if the rally is over while others are claiming the bubble has popped - neither view is accurate. Let's examine what…

May 3, 2011

Silver extremely vulnerable to a sharp decline, gold overheated – CPM

In an advisory scheduled to be published Thursday, New York-based CPM Group suggest "silver prices have been in a bubble-like spike over the past few weeks and are extremely vulnerable…

May 3, 2011

Month-long strike at Primero’s San Dimas gold-silver mine ends

Canada's Primero Mining Corp said the month-long strike at its San Dimas gold-silver mine in Mexico had ended and it did not expect the strike to hurt its full-year production…

May 2, 2011

Three Cs Going Crazy in Commodities

With silver spiraling out of control, it's worth checking in on some of the other commodities. Indeed the agricultural or soft commodities have, as a group, been surging in recent…

May 2, 2011

The bogey man is dead! Gold drops and recovers. Silver struggles.

The implications of Osama Bin Laden’s death are filtering through to the markets and, after an initial dive, gold seems to be […]