May, 2008 | CMI Gold & Silver
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Monthly Archives: May 2008

Gold in the news

The last few posts were about silver because that’s the way the news fell. Now, we have a plethora of articles about gold, some worth reading and one worth listening to if you prefer not to read. ANZ Australian Economics Weekly says gold prices may “firm this week.” With gold having hit $930 Wednesday morning,

ETFs’ silver holdings up

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

CFTC denies silver price manipulation

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

Silver back to $20 this year?

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