Silver was making strides this month, which is why people are wondering why silver prices are falling this week.
Dollar strength and soaring equities kept a lid on silver prices.
By Jim Bach, Associate Editor, Money Morning • @JimBach22 -
Silver was making strides this month, which is why people are wondering why silver prices are falling this week.
Dollar strength and soaring equities kept a lid on silver prices.
But there is room for optimism. Here's what to expect in the next month.
By Jim Bach, Associate Editor, Money Morning • @JimBach22 -
Silver was making strides this month, which is why people are wondering why silver prices are falling this week.
Dollar strength and soaring equities kept a lid on silver prices.
But there is room for optimism. Here's what to expect in the next month.
By Jim Bach, Associate Editor, Money Morning • @JimBach22 -
Don't let the August performance of silver ETFs fool you - there's a big buy signal for silver flashing right now.
July, like August, was underwhelming, as silver prices fell dramatically. But in July, portfolio managers dealing in the physical silver shed their holdings.
That was not the case in August…
By Jim Bach, Associate Editor, Money Morning • @JimBach22 -
As of Friday, the U.S. Commodity Futures Trading Commission (CFTC) reported that silver speculators added further to their short positions, which no doubt kept a lid on the current price of silver.
The silver futures market and speculator activity has been a highly telling indicator for the future of silver price movements. When speculators begin buying up short positions in droves, the price of silver enters a bear session were declines become routine. But when silver speculation hits its peak and prices dive down to new lows, the speculators will begin to liquidate their short contracts and buy long.
And when this happens, silver is taken for a ride…
By Jim Bach, Associate Editor, Money Morning • @JimBach22 -
Silver prices have been sensitive to activities in the futures markets, with prices moving almost perfectly opposite to the amount of short contracts speculators hold.
This week, the U.S. Commodity Futures Trading Commission released data that shows that silver contracts are mounting coming off weekly lows.
Here’s what that will do to August silver prices, and when to expect bigger advances.
By Jim Bach, Associate Editor, Money Morning • @JimBach22 -
Silver prices today are up, but this is the second straight week of declines.
In the last two weeks, silver and gold have both begun to slide.
This slump is easily explained though, and here's how...
By Tony Daltorio, Contributing Writer, Money Morning -
Thanks to that "party animal" Ben Bernanke, silver prices today are enjoying a nice bounce.
That's because the U.S. Federal Reserve chairman, along with the other members at the Federal Open Market Committee (FOMC) meeting yesterday, decided to keep the quantitative easing (QE3) flowing steady with $85 billion of bond buying per month.
After the Fed announcement, silver prices rallied by 5.5% to more than $23 an ounce. That's the precious metal's biggest one-day gain since June 28.
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