April 18, 2011

Gold and silver’s daily review

While most people look at gold in the dollar we expect to see demand and supply factors overlain by the dollar’s exchange rate movements against the euro. Nevertheless, gold is…

April 18, 2011

Pricing gold and silver as money

Recently, I argued that gold and silver are so underowned that assigning target prices to either is a pointless task. The global population today is far greater than any prior…

April 18, 2011

Long may gold and silver run

It was another great week for gold and silver. Both hit new highs and soon we could see silver break into all-time […]

April 18, 2011

Gold and silver’s daily review

Gold held at New York’s closing level of $1,486 in Asia on Monday before slipping slightly in London to fix at $1,484.50. This is somewhat misleading because the dollar recovered…

April 18, 2011

Capstone Mining to acquire Far West Mining in $725 million deal; shares down seven percent

Capstone Mining will acquire all the issued and outstanding shares of Far West Mining. Total transaction value will be Can$725 million. Capstone released details of the agreement in a press…

April 18, 2011

Rescuers fight to reach trapped Idaho miner

Associated Press reports that rescuers have been trying to reach a miner caught in a cave-in more than a mile underground. The roof of a tunnel at the silver mine…

April 18, 2011

Is commodities boom nearing its end?

The commodity bull has shown little sign of running out of steam - until now. Prices began to stumble as soon as a note from Goldman Sachs, the American banking…

April 16, 2011

Hondo Minerals to start-up processing facility at Tennessee mine

Hondo Minerals Corp has announced the expansion of its operational infrastructure in preparation for the opening of a processing facility at the Tennessee mine in Arizona.

April 15, 2011

Rhodium trading thoughts

Given some adverse short-term developments, Rhodium has held up quite well. Japanese earthquake is having some impact on automobile production. Rhodium is one of the catalysts used in converters in…

April 15, 2011

Yesterday in gold and silver

Gold traded in a ten dollar price range through all of Far East and the first half of the London trading day on Thursday. The absolute low price came at…