Silver’s Technical Achievements for the Week Leave Bulls In Command

Silver Posts Impressive Results for the Week and the Month of August, Federal Reserve Hints at More QE at Annual Symposium in Near Future. In the previous week that concluded August 24th, you saw silver finally smash through longstanding technical resistance at $28.45 and $30 per ounce. This impressive dual achievement set the white metal […]

Silver Breaks Out Convincingly Above Technical Resistance this Week

London Bullion Market Rumored to Be Running Silver Shortages Amid Large Purchases, Bullish Federal Reserve Meeting Minutes Boost Silver Prices, Silver ETF Holdings Continue to Rise. Last week we watched with rapt interest as silver closed at $28.09, just within striking distance of the $28.45 technical resistance. For the white metal to be in a […]

BNP Paribas Expects Fed to Announce QE3 End of August

Silver Holdings in Exchange Traded Products Hit Record Highs, BNP Paribas Expects Fed to Announce QE3 at End of August Meeting, Low German Inflation Gives Credibility to More QE from the ECB. The big challenge for silver this week that ended Friday, August 17 was to hold the level over the old $27.80 to $27.83 […]

40 Years After the Gold Standard – The Consequences to the Economy

You may not remember that forty years ago the United States left the gold standard in favor of a fiat currency whose value is based on simply the faith in and credit of the U.S. government. This defiant move that shook the world monetary and financial systems resulted from a little known secret that you […]

Four Year Long CFTC Silver Probe Will Soon Be Dropped

In A Setback For Silver, the Four Year Long CFTC Silver Probe Will Soon Be Dropped, Euro Pull Back and Soft Chinese Trade Data Push Down Silver Prices, Food Inflation Fears Boost Silver Prices. All eyes that follow silver were watching to see if the white metal could clear that first $27.80 resistance hurdle that […]