Investment demand to buy silver bullion in Australia is skyrocketing, according to Gold De Royale, Australia’s largest silver bullion dealer. “With the US national debt crossing $15 trillion, investors are preparing for the worst-case scenario, hyperinflation,” according to George Vo, Sales Manager of Gold De Royale. We have never seen this much demand for silver, [...]
Nov 29 2011 | Posted in
Gold |
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Silver prices rose as much as 1.37 per cent to Rs 55,074 per kg in futures trading today, as speculators enlarged their positions, driven by a rebound in global markets. At the Multi Commodity Exchange, silver for delivery in December shot up by RS 745, or 1.37 per cent, to Rs 55,074 per kg, with a business [...]
Nov 28 2011 | Posted in
Gold |
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Buying Silver is a no brainer as far Jim Rogers is concerned. And why not? Considering that governments are printing money, silver will prove to be a very good bet. In a recent CNBC interview, Rogers says – “Throughout history, when things have gone wrong, they print money…when they print money, you should own silver, you should [...]
Nov 27 2011 | Posted in
Gold |
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Silver prices were expected to exceed $50/oz by the end of 2012, Thomson Reuters GFMS reported in its interim silver market review on Thursday. Silver prices so far this year have averaged $35.70, a rise of 88% year-on-year. “We now forecast a full year average price of $35.66 in 2011, and expect further price strength [...]
Nov 27 2011 | Posted in
Gold |
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Silvercorp Metals Inc. said Monday that, through a 77.5%-owned subsidiary, it has made a deal to acquire a small gold mining company in China for US$22.8 million. While the size of the deal is small, it’s the first since the Vancouver precious-metals miner was targeted this fall by a group of anonymous short-sellers who alleged fraud [...]
Nov 27 2011 | Posted in
Gold |
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Silver prices tumbled by Rs 572 to Rs 54,679 per kg in futures trading today, as traders reduced their holdings, triggered by a weak trend at spot market on sluggish demand. A weak trend overseas also influenced the trading sentiment. At the Multi Commodity Exchange, silver for delivery in December tumbled by Rs 572, or 1.04 per [...]
Nov 26 2011 | Posted in
Gold |
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The Hera Research Newsletter (HRN) is pleased to present an incredibly powerful interview with Keith Neumeyer, Chief Executive Officer, President and Director of First Majestic Silver Corp. (TSX:FR / NYSE:AG). Mr. Neumeyer began his career at the Vancouver Stock Exchange and worked in the investment community for 26 years beginning his career in a series [...]
Nov 26 2011 | Posted in
Gold |
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Silver fell 1.7 percent on the day to trade at $31.16 an ounce. The silver price, which often moves in tandem with gold, is set for a 3.3 percent fall this week and a near-9 percent fall in November. The gold/silver ratio, which measures the number of ounces of silver needed to buy one ounce [...]
Nov 26 2011 | Posted in
Gold |
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Silver futures prices fell by 1.15 per cent to Rs 55,205 per kg today, after traders reduced their positions amid a weak trend in global markets. On the Multi Commodity market, silver for December contract fell sharply by Rs 641, or 1.15 per cent, to Rs 55,205 per kg, with a business turnover of 2,506 lots. [...]
Nov 25 2011 | Posted in
Gold |
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Silver futures prices fell 1.15 per cent to Rs 55,205 per kg today, after traders reduced their position amid a weak trend in global markets. At the Multi Commodity market, silver for December contract fell sharply by Rs 641 or 1.15 per cent to Rs 55,205 per kg with a business turnover of 2,506 lots. [...]
Nov 24 2011 | Posted in
Gold |
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