Tuesday, June 9, 2015

Gold & Silver move closer to breakdown

Gold and Silver are going to close down for the third consecutive day and the third consecutive week. As we pen this on Friday, Gold bounced from $1162/oz and could close near $1170/oz while Silver traded below $16/oz and may close at $16/oz right on the dot. Both metals are now dangerously close to their final weekly supports and therefore one step closer to an important technical breakdown.



from RSS Silver Dynamic http://ift.tt/1IyFfDZ

Silver Price Today: Silver Climbs Amid Weak Stock Market Performance

The silver price climbed 0.7 percent on Tuesday to hit $16.03 an ounce. The move coincided with weak stock market performance and higher commodities prices across the board.
Continue reading...

from RSS Silver Dynamic http://ift.tt/1FP8YBy

Inca One Recovers Further Gold and Silver at Chala One

Inca One Gold Corp. (TSXV:IO) announced that since mid-April it's recovered a further 2,144 ounces of gold and 2,392 ounces of silver from 3,042 tonnes of material. Recovery took place at Chala One SAC, a subsidiary of Inca One located in Peru.
Continue reading...

from RSS Silver Dynamic http://ift.tt/1GpoOrp

Monday, June 8, 2015

Ball Mill at Endeavour Silver’s Bolanitos Mine Out of Commission

Endeavour Silver Corp. (TSX:EDR,NYSE:EXK) announced that this week the 1,000-tonne-per-day ball mill at its Bolanitos mine experienced an unplanned outage due to a motor problem.
Continue reading...

from RSS Silver Dynamic http://ift.tt/1JDSzFK

Gold & Silver move closer to breakdown

Gold and Silver are going to close down for the third consecutive day and the third consecutive week. As we pen this on Friday, Gold bounced from $1162/oz and could close near $1170/oz while Silver traded below $16/oz and may close at $16/oz right on the dot. Both metals are now dangerously close to their final weekly supports and therefore one step closer to an important technical breakdown.


from RSS Silver Dynamic http://ift.tt/1IyFfDZ

Saturday, June 6, 2015

Thursday, June 4, 2015

Silver readies for bounce

The recent rally to 17.77 completed wave W, as can be seen on this silver chart, and the short term Elliott Wave view suggests wave X pullback is unfolding in the form of a double correction ((w))-((x))-((y)) where wave ((w)) ended at 16.565, wave ((x)) ended at 17.178, and wave ((y)) is currently in progress.



Silver readies for bounce

The recent rally to 17.77 completed wave W, as can be seen on this silver chart, and the short term Elliott Wave view suggests wave X pullback is unfolding in the form of a double correction ((w))-((x))-((y)) where wave ((w)) ended at 16.565, wave ((x)) ended at 17.178, and wave ((y)) is currently in progress.



Peter Spina: Stock Picks from Canvest 2015

Peter Spina is president of GoldSeek.com and SilverSeek.com, and was a speaker at this week's Canvest conference. Here's an overview of his presentation and a brief rundown of the precious metals companies he likes at the moment.
Continue reading...

Wednesday, June 3, 2015

Metals market update for June 3

Today’s AM LBMA Gold Price was $1,186.60, €1,067.23 and £777.60 per ounce. Yesterday’s AM LBMA Gold Price was $1,188.75, €1,083.17  and £779.91 per ounce.
Gold climbed $4.10 or 0.34% yesterday to $1,193.40 an ounce. Silver rose $0.06 or 0.36% to $16.80 an ounce.
Gold in Singapore for immediate delivery edged down 0.2% to $1,191.40 an ounce near the end of the day, while gold in Switzerland ticked marginally higher.

Friday, September 12, 2014