By Melissa Pistilli-Exclusive to Silver Investing News Increasing trepidation in the markets brought on by the reality of recession has sent precious metals and commodities prices tumbling this week. The current drops have “nothing specific” to do with gold and silver, said Dave Rinehimer, one of the directors with Citigroup Global Markets. “It’s just renewed weakness [...]
By Melissa Pistilli-Exclusive to Silver Investing News Silver along with other commodities rallied overnight on news of China’s $586 billion stimulus package intended to aid in boosting domestic demand. Silver price benefitted from a rising gold price spurned on by a dollar under pressure, as well as from the boost in base metals such as copper. [...]
By Melissa Pistilli-Exclusive to Silver Investing News In the view of the many silver bulls, the precious metal is back on track towards regaining its historical role as a hedge against inflation. As the global financial crisis deepens, silver may soon be tested as inflation is projected to soar. At the third annual London Silver [...]
By Melissa Pistilli-Exclusive to Silver Investing News The price of silver broke the psychological level of $9 this week and reached a high of $10.50 in early morning trading Thursday. “Precious metal sentiment received a much needed boost yesterday as the dollar retreated after the Fed’s rate cut,” said Standard Bank analyst Manqoba Madinane. [...]
By Melissa Pistilli-Exclusive to Silver Investing News Although governments and central banks around the world have taken increasingly aggressive measures to tackle the financial crisis, the deepening economic turmoil is far from over. As fears over the worldwide economic downturn escalate, commodities prices are dropping across the board. It is becoming apparent to most that [...]
By Melissa Pistilli-Exclusive to Silver Investing News In early trading, markets plunged worldwide on increasing fears that major recession is deepening around the globe. “Stock, commodity and many currency markets internationally are in meltdown on panic selling,” said Gold and Silver Investments’ Mark O’Byrne. Stock market losses across the board have forced investors to sell [...]
By Melissa Pistilli-Exclusive to Silver Investing News While I’m ecstatic every time I drive by the gas station and see the price ticking down daily, watching the loonie nosedive is etching premature wrinkles on my face as I stress over how much of my hard earned Canadian dollars I’ll be handing over to Uncle Sam [...]
By Melissa Pistilli-Exclusive to Silver Investing News Since hitting the skids on October 10, the price of silver has edged higher to close at $10.96 in New York. No doubt the precious metal has had some help from the bounce in the equities and commodities markets this week. Indexes in North America, Europe and Asia [...]
By Melissa Pistilli-Exclusive to Silver Investing News Did you see silver drop as low as $9.35/oz today? And the Dow briefly fall below 8,000? Some of you may be wondering, “As the markets plunge at a devastating pace, why is the price of a safe haven commodity like silver not soaring through the roof?” I [...]
Overview Avino Silver & Gold Mines Ltd. is a Vancouver based mining\exploration company focused on precious and base metals in Mexico and Canada. Avino is currently working to re-activate the Avino mine, an important historical producer of silver, gold, copper, lead, and zinc located in the Durango State of North Central Mexico. Current work is [...]
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