Silver stocks Articles

Investors Flock to Gold and Silver on Recovery Worries

September 18, 2010 / Don Miller

Investors worried about the global economic recovery pushed gold prices to fresh highs on Friday, marking the third time in a week the shiny metal set a new record. Silver also climbed to its highest price in thirty years.Spot gold climbed above $1,282 an ounce in New York and London as a weakening dollar spurred demand from investors for wealth protection, while silver rose to $21.44 an ounce,...Read More

30-Year Fibonacci level at hand for Silver

Sep 17, 2010 / Chris Kimble

I have received several requests for the "Big Picture" on Silver. Here it is.....Gold finds itself at all time highs...Silver at the 38% retracement level. If Silver can break good ole Fibonacci, the next line (2) is a BIG PERCENTAGE above line (1)!Read More

Gold Record/Silver breaking out... Play it how?

Sep 17, 2010 / Chris Kimble

In the "Hi Yo Silver" chart below (see post) Silver had created a series of ascending triangles, which lead to higher prices around 65% of the time. Silver is up 13% since this post, in just 30 days! How much is gold up during the same time frame? Just a little over 3%.... All metals don't perform the same!!! Silver gained 10% more than Gold in the past 30 days. It was this potential per why...Read More

Money Morning Mailbag: With Many Ways To Hold It, Investors Need To Get Their Hands on Silver

September 17, 2010 / Kerri Shannon

A couple weeks ago, Money Morning Guest Writer Jack Barnes examined the last major commodity to enjoy a true price breakout: silver. Barnes detailed why silver is poised for a breakout, based on its current price surge underway in India, the price run up of gold - a leading indicator of silver prices - and the fact that the white metal has yet to set a new nominal record price in U.S. dollars. Bar...Read More

Dear Santa, Some inflation please...Update

Sep 16, 2010 / Chris Kimble

On 6/29, in the chart below , I shared (see post) ... "All I wanted for Christmas was some inflation!" Why inflation? At the time, DBC (commodities ETF) along with interest rates were falling and the media was alive with DEFLATION forecasts. Deflation represents falling prices and the potential the economy was getting worse. Not a pretty scenario to say the least. The wish for inflation was a...Read More

Faber, Paul urge hard asset ownership

September 15, 2010 / Mining Markets staff

It's fair to say that a distrust of government is only one of the things that Marc Faber and Ron Paul share in common.Both men - one, an analyst and author of the newsletter The Gloom, Boom & Doom Report, the other, an independent congressman and libertarian - advocated ownership of hard assets for investors tuning into the online Kitco Metals e-conference this week.Faber, for example, warned abou...Read More

Investing in Silver: Three Ways to Profit From the Projected Breakout

September 8, 2010 / Jack Barnes

It's the last major commodity to enjoy a true price breakout, and it's already doing so in a foreign currency.This commodity has yet to break out in U.S. dollar terms, although its breakout in India is a signal that it's time for U.S. investors to make their move.I'm talking, of course, about silver.Silver is trading at just under $20 an ounce right now. I think it could hit $50 an ounce by the 20...Read More

Dear Billionaires of the World

September 2nd, 2010 / Jason Hommel

It is too late for any of you, personally, to buy much silver below $20 per ounce.While silver prices languished at about $5/oz. for almost two decades until about 2001, it's now too late for you to buy much, if any, silver below $20/oz. Did your personal wealth increase that much in the last decade like silver prices did? I don't think any billionaire in the world matched or exceeded that perfo...Read More

Special Report: How to Buy Silver

September 1, 2010 / Peter Krauth

Whilegold, with its sky-high prices, gets most of the media attention, investorsshould be just as interested in how to buy silver.Silverturned in a solid performance in the second half of 2012, rising from a June 28low of $26.13 an ounce to its recent reading above $33.00. And, to steal a linefrom poet Robert Browning (or, if you prefer, Frank Sinatra), "the best is yetto come."Atleast that's how...Read More

Question of the Week Responses: The U.S. Bond Market Has Lost Its Luster With Investors

September 1, 2010 / Kerri Shannon

Ongoing stock market worries and a string of discouragingeconomic reports have imbued the U.S. bond market with "safe-haven" status. Theupshot: Investors have poured record amounts of money into bond funds.Bond funds for the past two years have seen inflows almostas high as stock funds did during the Internet bubble, according tothe Investment Company Institute (ICI). FromJanuary 2008 through June...Read More

Gold Will Shine No Matter What the U.S. Economy Does

August 31, 2010 / Don Miller

More analysts and investors are increasing their bets on gold with someforecasters saying the rally in the yellow metal will continue no matter whathappens with the U.S. economy. "Eithera swift economic recovery or further dismal economic performance should bringnew buyers into the market," Eugen Weinberg, an analyst at Commerzbank AGin Frankfurt who expects gold to rise as high as $1,400 next yea...Read More

There's Reason to be Pessimistic about the U.S. Economy, but Never Panic

August 30, 2010 / Jon D. Markman

Pessimism increased again among investors last week, as a slew of economic data stoked fears of a double-dip recession. Indeed, housing and unemployment continue to weigh on the U.S. economy. But don't panic. Remember that the prospects for a full economic recovery are much better outside the United States, and that it's often good to be greedy when others are fearful.Stocks lurched backward most...Read More

Hi Yo Silver....Update

Aug 25, 2010 / Chris Kimble

A week ago I published Hi Ho Silver, highlighting an "ascending triangle" which 65% of the time is followed by higher prices. Silver is breaking above short-term resistance today in the chart below...Heavy LONG-TERM resistance for Silver remains very strong around the $20 level!Read More

Gold....Danger Overhead!

Aug 24, 2010 / Chris Kimble

Gold happened to hit it's 2010 high at a Fibonacci time date cited in the chart below, posted on 6/26. Fibonacci time study was the key tool for calling the exact day of the highs for Gold. See this link for more on why this date was important for Gold...Precious Metals post on dshort.Now Gold ETF (GLD) finds itself up against overhead resistance that could be very dangerous for it!For anyone that...Read More

HSBC Pursues South African Bank to Claim Key Spot in African Trade Financing

August 24, 2010 / Kerri Shannon

European banking leader HSBC Holdings PLC (NYSE ADR: HBC) yesterday (Monday)announced it's in talks to gain a controlling stake of South Africa's NedbankGroup Ltd. (PINK ADR: NDBKY).The acquisition would expand HSBC's presence in Africa's trade growing financingmarket.Europe's largest bank aims to gain 70% of Nedbank's sharesand plans to bid on insurer Old Mutual PLC's (PINK ADR: ODMTY) 52% stake,...Read More

1% of 1%

August 23rd, 2010 / Jason Hommel

Please bear with me while I repeat myself about how tiny the silver market is. Let's start with the facts.World annual silver mining adds about 600 million ounces of new silver, that includes all silver as byproduct supply from copper, gold, lead, zinc and other mines. Recycling contributes about 150 million oz. That's total supply.That is balanced on the demand side by industrial demand, jewe...Read More

Three Ways to Profit as China Causes Gold Prices to Spike

August 21, 2010 / Martin Hutchinson

When recently gold sold off and fell as much as 8% below its record high level of $1,260 an ounce, investors had to be more than a little concerned. With the huge debt loads top world economies have taken on to rebound from the worst financial crisis since the Great Depression, investors have grabbed onto gold as the best way to hedge against the inflation and other financial calamities they felt...Read More

Hi Yo Silver and away we go...

Aug 18, 2010 / Chris Kimble

Silver finds itself close to the end of an ascending triangle, that may well have the Silver bulls and bears frustrated. Ascending triangles two-thirds of the time lead to higher prices.Key to this chart (see below)...Follow the breakout....it should be a great trade to ride! If the breakout is to the downside, ZSL should do well for those that are open to scoring on defense.Gold Update...GLDRead More

Three Ways to Profit as China Causes Gold Prices to Spike

August 17, 2010 / Martin Hutchinson

Whenrecently gold sold off and fell as much as 8% below its record high level of$1,260 an ounce, investors had to be more than a little concerned.With thehuge debt loads top world economies have taken on to rebound from the worstfinancial crisis since the Great Depression, investors have grabbed onto goldas the best way to hedge against the inflation and other financial calamitiesthey felt were ce...Read More

Special Report: Why Investors Must Buy Gold ... Before it Runs Away in Price

August 12, 2010 / Peter D. Schiff

As gold hovers near $1,200 anounce and pundits speculate about a "gold bubble," it's important for investorsto remember that a mere decade ago the picture was very different. In theyear 2000, gold sat at an unimpressive annual average of $279 an ounce - atwo-decade low. At that time, most analysts thought gold was finished as amonetary metal. They said its price would never recover and only kooks...Read More