It was close. It was very close. The US Dollar Index went as low as 80.02, so very close to breaking down through though critical support at 80.

However, we didn’t want the USD to break 80, not yet and we were pleased to see the USD begin to bounce and believe it or not, we were happy to see gold and silver take a tumble.

Why? (read more…)

Our technical analysis of silver served us, and hopefully many of our readers, very well recently when we called for a $0.50+ rise in silver prices in the first few days of July. This prediction came good and so we now take a look at the situation around silver prices at the moment.

As our loyal readers will know, we are calling for a major move upwards in silver prices at the end of the summer. Tomorrow is (read more…)

Silver Wheaton has gone on a great run, breaking up through an ascending triangle formation and smashing all technical resistance to make an all time high.

We signalled to take some profits on SLW and we took some money off the table as the stock looked as if it was going to correct (read more…)

Recently we have seen Hecla Mining performing exceptionally well as it rallied nearly 25% over the last month from around $7.50 to over $9.00.

However it now looks as if (read more…)

With the US Dollar declining more and more everyday, investors at large are soon going to be looking to get out of the US Dollar and into “things” ie. hard assets that have real value, unlike fiat paper currencies, in order to protect themselves against a dollar collapse.

There has been some speculation that investors will buy other currencies such as the pound and euro to hedge against the dollar, but precious metals, in particular gold and silver, will be the number one choice as a dollar hedge (read more…)

Silver has gained about 8% or approximately $1.00 in the last few weeks adding a little sparkle to what is usually lacklustre summer trading.

Looking ahead (read more…)

In yesterday’s trading, Eagle Plains hit the one dollar mark and the stock is now up 88.6% since we signalled a BUY one year ago (read more…)

Having given a second buy signal on the 29th June 2007 when this stock was at $4.53 it has since gained 20.3% in 3 weeks, we hope that you made a small investment in time to catch this rally (read more…)

Shares in Minco Silver gained 5.22% yesterday possible due to a combination of the recent press release by the company and higher silver prices.

In the release a couple of days ago, Minco Silver said (read more…)

Silver Wheaton has been performing extremely well for us recently, gaining 25% in the last few weeks.

We have been keeping our readers informed and updated every step of the way as SLW formed an ascending triangle formation, then broke out of that and found more resistance which it eventually broke through and then went on a run to make an all time high.

Now it looks as if Silver Wheaton is (read more…)