Why Silver Prices Are Up Today
Heading into the week silver prices were cooling off from a June rally, potentially signaling the start of the summer doldrums, when the white metal generally sees weak trading.But a new release from the Fed this week is one of the big reasons why silver prices are up today…
Silver Prices Today Ride FOMC Minutes to Slight Gains
Silver prices began to flounder this week coming off impressive gains in the previous month, but the U.S. Federal Reserve provided a quick spark in afternoon trading Wednesday.Here are the details...
Silver Prices May Be Cooling Down, but They're Ready for Second-Half Gains
Silver prices have been sideways this week, cooling off from a mid-June rally sparked by inflation-minded investors wary of the U.S. Federal Reserve's dovish talk.But the second half of the year looks good - here's why ...
Is Investing in Silver a Good Idea After June's 12.5% Surge?
The prospect of investing in silver in 2014 started off looking dismal. Silver was down by almost 50% since the beginning of 2013. However, the commodity appears to be making a comeback, rising 12.5% in June alone.With silver prices on the rise, is now a good time to be investing in silver? Read the story to find out...
An Old Institution Dies… and a New Bull Market Is Born
After 117 years, the current London Silver Fix is shutting down.
In fact, we know it's going to happen on August 14th for certain.
Free marketeers are excited; for years many have maintained that silver prices are being manipulated.
Ted Butler, for one, publishes commentary with a special focus on the silver market. Ted's likely the most outspoken observer of daily silver futures price machinations anywhere. I did an extensive interview with him on this very topic in 2012.
Now comes confirmation that the London Silver Fix is finally closing shop.
That in itself isn't proof of manipulation, but the circumstances certainly raise some intriguing questions.
There are clues from its history worth studying - and profits to be made from its demise…Full Story
Silver Prices Today Jump on "Perfect Storm" of Buying
Silver prices today (Friday) are still on the rise after ripping through the $20 an ounce level Thursday.
July Comex silver was trading up $0.20, or 0.95%, at $21.10 in morning trading Friday. The silver price hasn't seen today's $21 level since March 17.Here’s what’s behind the move.
The Tone of Today's FOMC Meeting Matters for Gold and Silver
Gold, silver, and the FOMC meeting today: Precious metal prices were fairly steady Wednesday morning awaiting the typically market-moving statement from the Federal Open Market Committee (FOMC) meeting today. The spot gold price was last trading down $0.90 at $1,271.50. July silver prices were last quoted up $0.003 at $19.735 an ounce.
Over the last several years, investors have shown a keen interest in shiny assets as the U.S. Federal Reserve liberally printed money and distrust in dollars grew. But that interest has waned as the Fed slows its bond buying.Now an FOMC meeting can be a strong headwind for gold and silver...