Silver prices on the New York Commodity Exchange have fallen 72.6% from a peak of $51.38 in April 2011.
That makes the current slump one of the worst crashes in silver price history.
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
Silver prices on the New York Commodity Exchange have fallen 72.6% from a peak of $51.38 in April 2011.
That makes the current slump one of the worst crashes in silver price history.
This silver price history chart tracks the metal's movement from 1976 to present...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
Silver prices on the New York Commodity Exchange have fallen 72.6% from a peak of $51.38 in April 2011.
That makes the current slump one of the worst crashes in silver price history.
This silver price history chart tracks the metal's movement from 1976 to present...
By Diane Alter, Contributing Writer, Money Morning -
Up 4.2% year to date, silver prices could end the year solidly higher.
There are a handful of catalysts that can push up the white metal.
Keep reading for why the silver price forecast sees higher prices ahead...
By Peter Krauth, Resource Specialist, Money Morning -
Last week I introduced the gold/silver ratio, which is a tool used to identify the relative values of these metals to each other. And I said I expect it to trend downward over time.
In fact, I expect this ratio to head much lower, which means big opportunities for silver.
By Peter Krauth, Resource Specialist, Money Morning -
The gold/silver ratio is more than a price comparison of two precious metals.
This calculation helps identify the relative values of these metals to each other. It tells you if gold and silver are cheap or expensive.
And it just might help you get a better deal…
By Tony Daltorio, Contributing Writer, Money Morning -
India started a “war” on gold when it raised the tax on gold imports to 8%. But you know who is winning? Those investing in silver. Read more...
By Guest Editorial, Money Morning -
Metals started the week in the red, leading investors to ask why silver and gold prices are falling today. Money Morning Capital Wave Strategist Shah Gilani joined FOX Business' "Varney & Co." to answer that question.
He told host Stuart Varney about the big trading move that pushed metals down today. He also explained why he would keep buying gold.
Shah also recommended a stock that pays a 10% dividend yield and says the stock will be "safe" as long as the housing market remains stable.
Hear Shah's recommendation and his thoughts on why silver and gold prices are falling in the following video.
To continue reading, please click here...
By Diane Alter, Contributing Writer, Money Morning -
Silver prices this year have left me thinking of the good old days, when prices wouldn’t stop climbing. But, here’s why this low phase is temporary.
By Guest Editorial, Money Morning -
To continue reading, please click here…
By Diane Alter, Contributing Writer, Money Morning -
Silver prices in 2013 have slumped, but don’t get discouraged. To understand the price outlook in metals, you have to look at these driving forces.
By Guest Editorial, Money Morning -
Believe it or not, investing in silver right now could double your money.
Think about it: In April 2011, silver prices rose by 170% in just 7 months. Anyone investing in silver during that period pocketed huge gains and spent a lot less than they would on buying gold.
And right now, it looks like the silver market is on the cusp of doing the same thing all over again.
According to our research, the next stop for silver prices could be $40 by year's end, and $60 by 2014.
And much higher after that.
By Peter Krauth, Resource Specialist, Money Morning -
All bull markets go through periods of consolidations and corrections. And precious metals are no exception.
There has been plenty about gold's swan dive, but less talk about silver. And at this point there's more potential for silver than gold...significantly more.
By William Patalon III, Executive Editor, Money Morning • @privatebrief -
It's one of the biggest mysteries in finance right now. I mean, it's a real head-scratcher...
On one hand, demand for silver coins is off the charts. In fact, it is so strong even the U.S. Mint is having trouble keeping up with demand.
So how is it possible for silver prices to be falling?
Here’s an insider’s take on this conundrum...
By Diane Alter, Contributing Writer, Money Morning -
For the past few weeks, silver prices have been trading sideways. Kitco notes this tight trading range "could be "basing' action that can put in market lows and occurs just before an uptrend begins."
For those investing in silver, that's great news.
And if you don't think silver prices will go higher this year, here are three charts showing otherwise.
To continue reading, please click here...
By William Patalon III, Executive Editor, Money Morning • @privatebrief -
We get a lot of great questions from Money Morning Private Briefing readers. But there's one in particular I want to share with you today.
Andy F. writes:
This is an important question; I hear some iteration of it all the time from my subscribers, especially as the fear of inflation sets in. Here’s the answer.
By Diane Alter, Contributing Writer, Money Morning -
Gold and silver prices both marched toward their largest gains in more than a week Tuesday joining the uplifting mood on Wall Street. As the Dow Jones Industrial Average reveled in a historic rally that took the benchmark to a record high, commodities also soared.
Gold prices settled Tuesday's trading session up $2.50, or 0.2%, at $1,574.90 an ounce, supported by stimulus chatter and a weaker dollar. The safe haven metal had reached as high as $1,585.80 an ounce intraday, on course for its biggest leap since Feb. 26.
Year-to-date, gold has dipped 5.7%. The commodity logged its fifth consecutive month of declines in February, marking its longest stretch of declines since 1997.
Silver prices rose 1.7% to $28.97 in early trading, their biggest gain in more than a week. The white metal ended the day at $28.81.
While silver's slip since January has been more modest than gold's, it's well below the $34.89 it traded at during the same period a year ago.
But loose monetary policies worldwide, geopolitical uncertainties, rising oil prices and renewed fears of inflation should support, if not boost, both gold and silver prices in the months ahead.
Driving gold and silver prices higher Tuesday were comments from Federal Reserve Vice Chairman Janet Yellen.
At the National Association for Business Economics conference Monday, the Federal Open Market Committee's (FOMC) Yellen defended the bank's $85 billion a month of bond purchases.
"At this stage, I do not see any (risks) that would cause me to advocate a curtailment of our purchase program," Yellen said.
Yellen's sentiments mirror that of Fed Chief Ben Bernanke, who thinks continued stimulus will be good for the U.S. economy. Acknowledging there are risks from the Fed's aggressive efforts to stoke the anemic U.S. economy, Yellen added there are also risks from not being aggressive enough.
This news from overseas is also bullish for gold and silver prices...
To continue reading, please click here...