Silver Breaks 200 Day Moving Average and Sinks Further

Chinese New Year Holiday Leaves Silver and Gold Without Support, Moody’s Lowers Growth Forecast for G8 Dimming Silver Industrial Prospects, Silver Breaks 200 Day Moving Average and Sinks Further, Weak Data from the European Union Encourages Sell Off in Precious Metals, Central Banks Purchase Most Gold in Fifty Years. After a month of consistent consolidation […]

COMEX Cutting Margin Requirements on Silver Again

HSBC Comments Support Silver, Fed Remarks Show QE3 Will Continue and Backstop Silver for Some Time, COMEX Cutting Margin Requirements on Silver Again, Italian and Spanish Bond Yields Rise and Remind of Safe Haven Bid for Silver. Silver seesawed up and down in a narrower range than usual this week that ended Friday, February 8th. […]

Federal Reserve Reaffirms Commitment to Quantitative Easing 3

GDP Disappoints and Supports Silver, Federal Reserve Reaffirms Commitment to Quantitative Easing 3, Israeli Air Force Strike in Syria Adds to Safe Haven Appeal of Silver, Unemployment Rate Rises and Boosts Silver, BNP Paribas Lowers Silver Price Forecast But Still Calls for Higher Silver Prices. Silver posted a better performance during the week that ended […]

Silver Market Update – Week Ending January 25th 2013

Seeking Alpha Reports Silver ETF Holdings Rise to 8% of the Annual Silver Supply, Spanish and Italian Yields Climb on Record High Spanish Unemployment, Silver Technical Levels Cap Silver, then Cause it To Retreat, Deutsche Bank Looks for Precious Metals to Be Range Bound. Silver ran both up and then finally down in the week […]

Fitch Threat to Downgrade U.S. Credit Rating Boosts Silver

Fed Chairman Bernake Dispels the Myth that QE3 Will End Soon, Fitch Threat to Downgrade U.S. Credit Rating Boosts Silver, German Bundesbank Will Recall Gold Reserves in A New Sign of Central Bank Mistrust, U.S. Mint Runs Out of Silver Coins with Buying at A Five Year High. Silver staged an impressive rally to discredit […]