Silver Blog

Why Gold and Silver Aren’t Going Higher

“Wise traders know to pay attention when stuff that’s supposed to happen doesn’t,” says Yahoo! Finance breakout correspondent and former CNBC Fast Money cast member Jeff Macke. “Right now, gold should be going higher, but it’s not.” This is what we’ve been saying at Silver Monthly for quite some time now; and that doubles for …

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Silver Monthly Recap for June, 2012: ObamaScare Causes Dollar to Tank

The month started on a Friday, with gold gaining 3.08% to $1,606, while silver fell 2.56% to $27.38 per ounce. The cause of the divergence? Portfolio rebalancing from major institutional investors, who deal more in gold than in silver. The dollar lost 0.58% against the euro that same day, and stocks were down across the …

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Silver Monthly 2012 Stock Profile: Endeavour Silver Corp (EXK)

Endeavour Silver Corporation is a Canadian company with operations in Mexico. Endeavour explores for precious metals, develops mines, and acquires existing precious-metals properties from other firms. As its name implies, Endeavour Silver’s focus is on silver, although its mines also produce some gold. Since its inception in 2004, Endeavour has posted seven consecutive years of …

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Silver Monthly 2012 Stock Profile: Silvercorp Metals (SVM)

Silvercorp Metals is a Canadian company that explores for, develops, and acquires silver properties in China, producing silver and other minerals. Currently, Silvercorp operates four silver, lead, and zinc mines at the Ying Mining Camp in the Henan Province of the PRC. For the most recently reported fiscal year,  Silvercorp had net income of $68.85 …

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Silver Monthly 2012 Stock Profile: Hecla Mining (HL)

Hecla Mining Company explores for and produces silver, gold, lead, and zinc. Its main silver mines are in Idaho and Alaska. In 2009, Hecla Mining Company acquired full ownership of the Greens Creek mine in Alaska from Rio Tinto – previously, Hecla had owned a 29% share. This acquisition doubled Hecla’s silver production. Shares of …

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Silver Monthly 2012 Stock Profile: Pan American Silver (PAAS)

Pan American Silver is a mining company focused almost exclusively exploring for silver and developing silver mines. In 2011, Pan American produced approximately 22 million ounces of silver – up from 7.1 million in 2002. Its growth has been staggering, thanks to an aggressive mine-development schedule. Pan American operates primarily in Central and South America. …

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Silver Monthly 2012 Stock Profile: Coeur D’Alene Mines (CDE)

Coeur D’Alene Mines Corporation explores for and produces both silver and gold, although almost all of its annual production of fifteen million ounces is in silver. Coeur D’Alene’s primary properties are the Silver Valley Mine in Idaho, and the Rochester Mine in Nevada. The firm has a mine in Chile, another in Argentina, and is …

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Silver Monthly 2012 Stock Profile: Silver Wheaton (SLW)

Silver Wheaton is not a silver miner. It’s ticker, SLW, does not represent an exchange-traded fund. And yet, Silver Wheaton is described by some analysts as a “pure unhedged paper proxy on silver prices.” How is this possible? Unique Business Model Silver Wheaton has a unique business model. Rather than investing millions in the development …

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