By Melissa Pistilli-Exclusive to Silver Investing News The Dow, along with other major indexes, plunged out of control Monday as investors everywhere shook off any perceived fantasy that the $700 billion bank bailout would serve as a panacea for the U.S. financial crisis. The Dow fell to 9,525.32, it’s lowest level since October 24, 2003. [...]
Continue reading "Markets down. Where will silver go?"
Wednesday, October 1, 2008
By Melissa Pistilli – Exclusive to Silver Investing News Recently, I attended the Sixth Annual Silver Summit in Coeur d’Alene, Idaho where investors, mining executives, industry analysts, and silver aficionados met to discuss and learn more about what’s happening in the silver market. Needless to say, it was an interesting time to be at a [...]
Continue reading "Silver Summit: Analysts Cry Manipulation"
Tuesday, September 30, 2008
By Melissa Pistilli-Exclusive to Silver Investing News Those in the financial community have dubbed September 29, as ‘Black Monday’. It certainly was a dark day on Wall Street as the stock market tanked to unheard of lows in reaction to the House’s 228-205 rejection of Paulson’s US$700 billion bailout plan. The Dow Jones was the hardest [...]
Continue reading "Silver lining for ‘Black Monday’"
Tuesday, September 23, 2008
By Melissa Pistilli-Exclusive to Silver Investing News The price of silver gained 84 cents on the NYME yesterday in reaction to the Treasury’s US$700 billion bailout of the financial sector. As more and more retail, mortgage and investment banks fail, are taken over or nationalized, investors are becoming increasingly leery of paper [...]
Continue reading "Silver seen as safe haven again"
Friday, July 25, 2008
By Melissa Pistilli – Exclusive to SilverInvestingNews.com On Wednesday, I expressed my dismay over silver’s steady decline after the big gains I had excitedly witnessed over the last couple weeks. But still, I remain optimistic that the precious metal will rebound from this latest set-back. Obviously, exorbitant prices at the pump do deflate demand and [...]
Continue reading "Has Silver Hit Its Bottom?"
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Tuesday, October 7, 2008