7 Gold and Silver Stocks That George Soros Bought in Q1
George Soros, one of the world's best-known and savviest investor, has been bulking up his holdings of gold and silver stocks.
According to his latest 13F Securities and Exchange Commission filing from May 2014, instead of buying physical gold and silver, Soros has been building positions in precious metal mining companies.
Following are a look at seven gold and silver stocks that Soros has been buying.
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...
New List of the Best Stocks to Buy in Tech, Emerging Markets, Energy, and More
Best stocks to buy for the week ending June 27, 2014: Each week our experts dish out the latest profit plays and asset-protection moves for our Money Morning Members - all for free.
Last week, Money Morning's best stocks to buy included two ways to cash in on sub-Saharan Africa's $1 trillion resource rush, a leader-turned-laggard that's about to reverse course and bring tremendous upside to investors, a way to profit from the end of the U.S. oil export ban, a smart silver exchange-traded fund (ETF), and more.
Here’s the full list of our best stocks to buy now…
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.
Silver Price Today Cushioned by Solid Demand
The silver price today moved solidly higher in morning trading following some positive economic data out of China.
July Comex silver traded up $0.392, or 1.26%, at $19.73, after the preliminary HSBC China manufacturing purchasing managers index (PMI) for May came in at 49.7. That was up from 48.1 in April, and was the best reading in five months.
Here’s what’s next for the price of silver…
With the Silver Price Low, Demand for Physical Silver Sets a Record
It's like Money Morning Global Resources Specialist Peter Krauth has been saying: A low silver price doesn't scare away investors; it draws them in.
As silver prices slumped 36% in 2013, retail investors took advantage of the dips and sent physical silver demand up 13% to an all-time high, according to World Silver Survey 2014.
Here's what else is moving demand for physical silver today...
Spike for Silver Prices Ahead? This Options Activity Suggests So
After rising as much as 16% earlier this year, silver prices are now nearly unchanged year-to-date. They're up just 0.2%, while gold has gained 7.2%.
The silver price isn't the only number that's lagging...
Silver's option activity sits near a decade low. That's highly unusual - and won't last.
In fact, the low activity suggests some big changes ahead for the white metal…
Silver Price to Keep Rising on Safe-Haven Demand
The silver price was modestly higher Friday amid mounting geopolitical tensions that have stoked bullish options activity.
In early afternoon trading, spot silver was last up $0.03, or 0.15%, at 19.78 an ounce. The metal traded as low as $19.57 and as high as $19.92 in another volatile session.
The white metal went on a rollercoaster ride Thursday, but here's why silver's in the bulls' corner moving forward...
Silver Prices Move Higher Amid Stock Market Sell-Off, Dovish Fed
Silver prices spiked some 2%, or $0.51, to $20.49 an ounce intraday Thursday before closing the session up $0.37 to $20.14 an ounce.
The gains came as the U.S. stock markets sold off sharply. Stocks sank even after the Labor Department reported U.S. weekly jobless claims dropped to a seven-year low, a sign of ongoing recovery in the labor market and the economy.
But what we care about is the big picture.
Here's what's ahead for silver...
Silver Prices Slip in 2014's Q1 but Consumer Demand Still Solid
Spot silver prices rose $0.07, or 0.4%, to $19.86 an ounce midday Monday as precious metal traders and investors gear up for a busy week ahead.
Market participants remain guarded, with a spate of U.S. economic data flooding in as the week wears on. Capping the busy week will be Friday's closely watched March jobs report.
Meanwhile, Monday caps the end of 2014's first quarter.
So let's take a look at silver...
Investing in Silver: Singapore Supplier Opens Vault on Soaring Demand
Amid frenzied demand to buy and store silver, a Singapore retail supplier of coins and bars opened a new 600-metric-ton vault on Monday.
The sizable Silver Bullion Pte. Ltd. storage facility can hold some $390 million worth of silver (at Friday's prices of $20.33 per ounce). Known as The Safe House, the new facility is located west of Changi International Airport. At present, it keeps some 37 tons of silver, mostly for its retail clients, behind a secure 2.5-ton stainless door.
Here's what that means for investing in silver...
Silver Prices Today Rebound After Taking a Hit from FOMC
Silver prices today (Friday) were modestly higher as bargain hunters stepped up to buy the dips. In early trading, spot silver last traded up $0.11 to $20.45.
It's been a volatile and punishing week for silver.
In morning trading Thursday, silver futures for May delivery slumped 2.3% to $20.355 an ounce, on pace for the biggest drop since March 7.
That put white metal prices heading for their fourth consecutive day of losses, the longest streak since Nov. 13...
Silver Prices Today Show Long-Term Profit Potential
Buoyed in early trading by a flight to safety amid simmering turmoil between Ukraine and Russia, silver prices today are showing signs of life.
In morning trading Friday, the price of silver rose $0.62, or 2.44%, at $21.89 an ounce. While the white metal slipped $0.148 Thursday to finish the session at $21.25 an ounce, the dip came on mild profit taking. Silver had a stellar showing Wednesday, ending up 2.66%, or $0.55, at $21.33.
Here's why this is an important catalyst for higher silver prices over the week...
Silver Prices Today: Expect Continuing Rally in Coming Months
Even though silver prices today (Friday) are down a relatively flat 0.59%, they're up more than 10% so far in February, and the rally won't end here.
This is where silver prices are heading in early 2014 - and how they're getting there...