Silver put in a storming performance yesterday with many of the silver mining stocks joining in the fun, notably was the Pan American Silver Corporation (PAAS), which improved by 4.41% for a gain of $1.36 (read more…)

We first signalled a BUY on Silver Standard when it was $19.98 back in July last year. Since then SSRI has performed magnificently, outperforming the vast majority of its peers.

The Silver Prices Newsletter signalled an additional BUY on Silver Standard on August 20th at $28.99 as we felt (read more…)

Silver prices appear to have found resistance at the $14.00 level and one could argue that the silver chart below shows a double top formation in silver prices.

A double top formation means that a correction is due, and could signify that this coming correction in silver prices could be perhaps more severe than previously thought (read more…)

Last month silver was at $13.64 and we suggested that it could take a breather, which it appears to be doing. However please note that silver is higher than the 200dma but not alarmingly so. In our opinion the downside is limited, as silver has not rocketed ahead as gold has done. Any correction in gold prices will of course have a knock on affect on the silver prices (read more…)

Hecla Mining has a market capitalisation of $1 billion and a P/E ratio of 19.53 with the companies stock trading at $8.66 as at the close of business yesterday.

We wish to draw your attention to (read more…)

The latest news release from Endeavour Silver Corporation sparkles with yet another record quarter. The company has reported that Silver production was 34% higher than Q2, 2007 and 74% higher than compared to Q3, 2006.

We have bought Endeavour twice and not sold any of this stock as they are now clearly demonstrating that they are well on the way to hit their target of two million ounces in 2007.

A comment from the Chairman and CEO, Bradford Cooke, went as follows (read more…)

Despite the appearance of a double top on the chart silver is forging ahead with the spot price trading at $13.94, up about $0.19 since Fridays close, as we write (read more…)

Endeavour Silver Corporation announced yesterday that they had strengthened their senior management team by securing the services of David Howe, M.Sc. to the post of new Vice President, Mexico Operations (read more…)

Silver has experienced a terrific run up from $11.50 to $14.00 so a pull back of some sort was to be expected. As we write silver is at $13.15, which is pretty close to its 200dma unlike gold, which is trading much higher (read more…)

Silver is going through a severe correction today, which started in Hong Kong, then London and now a follow through in New York where silver is down around 50 cents as we write (read more…)