May 2, 2011

Greystar releases positive scoping study for Angostura underground operation

Greystar Resources Ltd. (TSX:GSL)(AIM:GSL) is pleased to announce receipt of a positive scoping stage Preliminary Assessment under National Instrument 43-101 ("Scoping Study") for an underground only operation at its 100%-owned…

May 2, 2011

Gold and silver’s daily review

May Day in Europe is a holiday as was Friday, so the current market is thin and volatile not truly reflecting the gold and silver markets. The moves in the…

May 2, 2011

The S&P 500 may hold clues to the peak in gold & silver

The single biggest news event last week besides the Royal Wedding (who actually cares) was Federal Reserve Chairman Ben Bernanke's televised press conference. The Federal Reserve is attempting to appear…

May 2, 2011

Silver down sharply in thin Asian trade

Silver fell sharply early in thin Asian trading on Monday, retreating further from a record high set last week. It fell about 10 percent to $43.36 , well off a…

April 29, 2011

Caterpillar Surprises With Massive Profit Gain

Caterpillar (NYSE:CAT) reported Friday a surprising five-fold jump in first quarter profits, reaching an all-time quarterly record as the company benefits from […]

April 29, 2011

Agnico-Eagle reports gold production up despite Meadowbank fire loss

Agnico-Eagle reported gold production increased from 188,232 ounces to 252,363 ounces for the first quarter this year, despite the March fire that burned down the kitchen at the Meadowbank mine…

April 29, 2011

Can silver breach $50 – and stay there?

Silver jumped 6 percent Thursday on the back of dollar weakness after Federal Reserve Chairman Ben Bernanke's dovish remarks Wednesday, but some analysts doubt the price can hit and stay…

April 28, 2011

U.S. silver futures rally 6% in early trade

U.S. silver futures rallied as much as 6 percent and gold reached a record high on Thursday, underpinned by a weakened dollar after the U.S. Federal Reserve signalled no rush…

April 27, 2011

A longer-term view of inflation: industrial metals vs. gold

I found an interesting dataset at the IMF of commodity prices going back to 1980. What makes it interesting is to look at the longer-term price trends of some of…

April 27, 2011

No sign of the top in silver

Silver is finally getting some attention in the 10th year of its bull market run - mostly top callers who are calling the recent move to nearly $50 an ounce…