Gold Seeker Closing Report: Gold and Silver Gain Roughly 1%

Gold held near unchanged in Asia and traded mostly slightly higher in London before it extended its gains in New York and ended near its early afternoon high of $1133.34 with a gain of 0.71%. Silver fell to see a 2 cent loss at $17.84 in early New York trade before it climbed back higher for most of the rest of trade and ended near its late session high of $18.12 with a gain of 1.23%.

Silver Market Update

It looks like we have just stepped off the train before it starts to leave the station - in other words it looks like last week's update was DEAD WRONG. While there were sound reasons for being cautious, such as non-confirmation and the overbought condition of the stockmarket, last week's action in the PM sector has greatly increased the chances that it is going to break higher and embark on a strong advance anyway.

The Silver Boom is Coming!

Many people know me as just a guy referred to by the news media as “local hothead” or sometimes “extremist loudmouth doom-and-gloomer” or (my favorite) “looney toon” but to most people I am known as just a guy who never shuts up about the horrors of inflation in prices that is going to be caused by the inflation in the money supply by the Federal Reserve.

COT Silver Report - April 2, 2010

COT Silver Report - April 2, 2010

CFTC: Obey Your Plaque!

When the open interest in silver futures contracts exceeds 800 million oz., and when the silver on deposit for delivery is a mere 50 million oz., it does not take a genius to figure out that something is out of balance. That's only a 6% backing!

Gold Seeker Weekly Wrap-Up: Gold and Silver Gain Almost 2% and 6% on the Week

Gold saw slight losses in Asia and modest gains in London before it shot markedly higher in morning New York trade and ended near its noontime high of $1127.90 with a gain of 1.001%. Silver jumped to as high as $17.98 by about 10AM EST before it fell back off a bit in the last few hours of trade, but it still ended with a gain of 2.057%.

Jan de Koning: Goud, een waardeloze belegging?

Het is kostbaar om het uit de grond te halen, te bewaren en het is niet productief: Goud. En toch beleg ik in dit edelmetaal. Onbegrijpelijk volgens een lezer, omdat de intrinsieke waarde van goud vele malen lager is dan de huidige koers van een ‘troy ounce’....Moet de Europese belegger zich nu ook druk maken om naderende inflatie en zijn euro’s omwisselen voor goudstaven? Wellicht. In de

Gold Seeker Closing Report: Gold and Silver Gain About 1%

Gold steadily rose in Asia and London and jumped to as high as $1118.00 in early New York trade before it fell back off into the close, but it still ended with a gain of 0.86%. Silver climbed to as high as $17.615 by about 11AM EST before it also fell back off a bit in late trade, but it still ended with a gain of 1.21%.

CFTC’s Silver Involvement Grows Serious

For any long term purchaser of silver, there is no agency more important than the Commodity Futures Trading Commission, or the CFTC. The CFTC is charged with ensuring that the futures markets are trading fairly at all times and investigating manipulative trades and fraud within the trading system. Now more than ever, the CFTC is critically important in investigating banks like JP Morgan and their roles in manipulating market orders.

Cruciale verschillen tussen goud en zilver

Goud / zilver ratio :Historisch gezien is 1 ounce goud ongeveer gelijk in waarde als 16 ounces zilver. Op dit moment is deze ratio 1 : 65. Consumptie :Waar bijna al het goud dat ooit gewonnen is in de geschiedenis nog beschikbaar is in de vorm van juwelen, baren en munten, ligt zilver wat dichter bij grondstoffen zoals olie en sojabonen omdat het vaak vergaat als het wordt gebruikt. Consumptie