Silver at $40 Will Be Best 2011 Metals Bet
Bloomberg reports that Silver is likely to repeat its success in 2011, reaching $40 an ounce on new applications and industry demand.
Articles Tagged "metals"
General Metals Announces Largest Drill Intercepts to Date at Independence Project
General Metals Corporation (OTC: GNMT) reports the drill results from the company's Independence Project which averaged 0.014 ounce gold per ton (opt Au) and 0.08 ounces of silver per ton (opt Ag) in hole GM-120.
Chinese Dragon Danger to Global Recovery?
By Melissa Pistilli-Exclusive to Silver Investing News Tuesday, silver spot prices managed to recover slightly from last week’s sell-off hitting as high as $16.81 in New York early morning trading to close later in the day at $16.70 an ounce. However, silver fell as low as $16.37 early Wednesday morning as the dollar rebounded. Analysts [...]
Mining to Bounce Back in BC
By Melissa Pistilli-Exclusive to Silver Investing News Mineral exploration expenditures in British Columbia fell victim to the global credit crisis in 2009, dropping 58 per cent from the previous year to $154 million; however, it was still the sixth-best year for exploration and development investment since 1989. And 2010 is expected to be another strong [...]
Conditions Ideal for Silver Miners
By Melissa Pistilli—Exclusive to Silver Investing News Silver prices are doing well so far into the first two weeks of 2010 steadily rising from the $17 level to test $19 an ounce. On Monday morning, silver danced as high as $18.88 in New York before falling to $18.60 at closing. The white metal was spurred [...]
Silver to Ride the Recovery Wave
By Melissa Pistilli-Exclusive to Silver Investing News After teasing a high of $17.60 an ounce Friday morning and later falling below $17, silver managed to close at $17.13 in New York. Gold managed to stay above $1100 to close at $1115.10 an ounce. Both precious metals were reacting to a stronger dollar on better than [...]
Silver Rallies on Gold & Copper Cues
By Melissa Pistilli-Exclusive to Silver Investing News Precious metals prices have performed miracle feats the last few weeks, rising higher and higher to set new records as the US dollar suffers further blows, inflation in North America shows real signs of rising, and economic data out of Asian markets points toward fresh industrial demand. Silver’s [...]
Rising Political Risk in Latin America
By Melissa Pistilli-Exclusive to Silver Investing News We’ve seen silver spot prices flirting with $18 an ounce for a few weeks now and according to James Burbage III, President of Lloyds Asset Management, we could see silver hit $23 before the end of this year. “Silver has been the sleeping giant that’s being awakened by [...]
Precious or Industrial Metal?—Part Two
By Melissa Pistilli-Exclusive to Silver Investing News On Monday, silver closed up at $17.76 an ounce, while gold ended the day at $1057.50 an ounce. Further dollar declines and inflation concerns are helping to propel not only precious metals prices but base metals like copper as well, which closed at $2.8330 per pound. Increased inflation [...]
Precious or Industrial Metal? –Part One
By Melissa Pistilli-Exclusive to Silver Investing News Precious metals prices profited further from a weakening US dollar and rebounding oil prices at the beginning of this week. Gold rose as high as $1044.80 an ounce Tuesday morning and silver performed well reaching as high as $17.43 an ounce. Silver Price: Based on Precious or Industrial [...]
