Gene Arensberg, precious metals analyst and author of the popular Got Gold Report, reiterates in his recent report his bullishness for silver. Although Arensberg is bullish on gold over the longer term, he sees the potential for more immediate upside action in silver. Arensberg notes that iShares Silver Trust (SLV), the largest silver ETF, lost
Future silver production to suffer
Is developing short in silver reason for buying silver?
Gold is not the only salvation for the financial crisis. Silver, long the preferred money of the people, will protect better than gold, says Bill Haynes, a 35-year veteran of the precious metals markets.
RCM silver bars offer investors low premium silver bullion investments.
Resourceinvestor.com titled a recent article about ETF silver holdings thusly: London-Listed Silver ETF Unloading Holdings A title with a negative connotation. However, the article itself was rather bullish on silver. On reading the article, you will learn that although the small London-based ETF had about 3.5 million ounces (99 tons) worth of silver redemptions from
Releasing a second study in four years, the Commodities Futures Trading Commission (CFTC) denies that the major bullion houses are or have manipulated the price of silver. Basically, the CFTC study said that price of silver is not and has not been manipulated because the price of silver has risen substantially over the last few
GFMS Ltd., a metal consultancy headquartered in London, says that silver will climb back to $20 this year, primarily because of investor demand. The prediction came with the release of Silver Institute’s annual World Silver Survey, which GFMS compiles. GFMS, formerly known as Gold Fields Minerals Services, publishes the one of the two respected annual
Reuters, a major financial data provider, has attempted a hatchet job on silver, a piece is so bad that should be ignored, but already I’ve seen copies of the release on two major online news sources. Undoubtedly, because of Reuters’ wide acceptance as a mainstream news provider, the piece has spread around the financial world.
As noted in today’s earlier post, the U.S. Mint is allocating Silver Eagles to its distributors. Also as noted in the post, I speculated that the Mint may find that it does not have to allocate because demand may be much lower than it was in March. Still, premiums were up as renewed trading in