The last four months has seen silver consolidate in the $16.50 to $18.50 range as the sometimes referred to summer doldrums arrived. Far from being dull we can see that this performance by silver has been superb. Why? Well if we look at the same trading period for 2007 we can see that silver was again range trading and consolidating at the $13.00 level. So to have established a new trading range, which is $4.00 higher or approximately 30% higher than a year ago, ranks as a sparkling performance in our humble opinion (read more…)

As we write silver is trading at $17.39/oz, as it continues to consolidate over the summer period. As we anticipated, silver came within $0.50 of its 200dma before turning north. The 200dma is moving up and now stands at $16.11, which will ultimately support silver prices going forward. If you agree with us that there will be a terrific end of year rally in silver prices then now is the time to be accumulating a few more of your favourite silver stocks (read more…)

Silver: A readers view

From time to time we like to publish the work of others in order to bring you a different perspective on the silver market. Today one of our readers has submitted an article for your perusal, enjoy (read more…)

The merry month of May has almost gone but not without tossing us a surprise rally which commenced on the 1st of May and put on $75/oz before hitting the brakes yesterday when it fell back to close at $906.15/oz.

The old adage of sell in May and go away appeared to reverse for most of the month. Maybe they went early this year as gold dropped a $100/oz in the second half of April (read more…)

The rally by the US Dollar and the subsequent sell off in gold has had a knock on effect on silver driving the price down from $21/oz to the $16/oz level. Silver stocks took a clobbering along the way but the worst now appears to be behind us.

Firstly we will take a look at the chart for the US Dollar (read more…)

In May 2006 silver spiked at fifteen dollars and the HUI Index also spiked at 400, today we have silver trading at seventeen dollars, having been as high as twenty dollars, and the HUI Index stands at 406!

This raises the question of whether it is better to invest in the metal itself or to invest in silver stocks?

To answer this question we need to determine why we are no longer seeing any leverage in the stocks to the metal (read more…)

After a cracking start to 2008 silver has dropped back from the heady days of $20/oz to close on Friday at $17.82, so the question we face is what lies ahead for gold’s sparkly little brother?

The following will cover some of those factors that we need to take into consideration before we decide to make a trade (read more…)

We have a number of new subscribers who have asked to explain this average, as we do tend to mention it on a frequent basis.

There are many indicators that come together in technical analysis to give us clues as to where a particular stock or commodity is headed. One of the most popular indicators is the moving average, which can be range from 5 days to 200 plus days (read more…)

Silver spent the day in the firing line where another loss was registered of 8.89% during the trading session lowering the price to $16.79 at the close. Now isn’t the time to feel sorry for yourself, now is the time to focus and concentrate on those silver stocks that you wanted to own but did not buy because they where too expensive (read more…)

Its difficult not to get carried away with the euphoria when the precious metals, gold and silver are at all time highs and the next stop appears to be the moon.

The last couple of days of trading has seen our sector of the market take it on the chin (read more…)