Thomson Reuters GFMS is one of the world’s leading economics consultancies specializing in precious metals, base metals, and steel. It provides top-quality research to private clients, but also publishes content for public consumption. Last year, Thomson Reuters GFMS said silver would push above $40 but not reach $50 – they were basically right, with silver [...] Continue reading →
Silver started the month of December out with big gains, closing December 1 at $33.28 per ounce on the London Fix market, up 6.2% for the day. Gold was up 0.3% to $1,752. Stocks were mixed, with the Dow Jones Industrial Average and S&P 500 down 0.2% each, while the Nasdaq was up 0.2%. The [...] Continue reading →
The month of November opened on a down note for gold, silver, and stocks, as renewed fears from Europe sent commodities and paper securities crashing, while the dollar firmed against the euro. Gold closed a dollar under $1700 on Tuesday, November 1, down 1.3% from its Halloween day close. Silver suffered more severely, closing at [...] Continue reading →
October has historically been a dark month for the financial markets, but not necessarily for precious metals. This October began on a Saturday, so the first day on which the markets were open was October 3. In traditional form, the broad-market S&P 500 index fell 2.8%, the blue-chip Dow Jones Industrial Average fell 2.4%, and [...] Continue reading →
Minutes after the Fed decision it could take additional action to stimulate economic growth silver jumped $0.23 to $21.01. This level passes a 10 year high. Continue reading →
Spokane, Washington, December 4, 2008 — Today, David Morgan world known author, speaker, and teacher of the Silver Market announced that total access to the web site www.Silver-Investor.com will be available from now until the end of the year 2008. According to a press release sent by email, “Signing up is easy and all new [...] Continue reading → Recently the Commodity Futures Trading Commission, the CFTC, announced an investigation ino the silver market citing persistent complaints from silver investors. Even with the numerous complains from industry leaders down to the average silver investor the CFTC will not change it’s stance towards the silver ma Continue reading → WALLACE, Idaho–(BUSINESS WIRE On Yahoo Finance) — “Sterling Mining Company (SRLM) today reported that Sterling crews are preparing for continued development of an exploration cross-cut, at an elevation of 2,672 feet, east of the historic Polaris Mine workings in the upper mine area of the Sunshine Mine.” Source: BUSINESS WIRE On Yahoo Finance Continue reading → “Barite Hill, Navidad — Report on the results of 12 new diamond drill holes at its Navidad Project in Chubut Province, Argentina. These include the results for holes to further extend the high-grade zone of mineralization to the southeast of Barite Hill.” “Barite Hill is located approximately one kilometre from Galena Hill, which previously marked [...] Continue reading →