ECU Silver Mining reports results from drilling of the massive sulphide discovery hole SJ18-21 in the July press release. The M-S Discovery Hole had intersected two massive sulphide veins (the “M-S Veins”) at depth below the Santa Juana vein system within the Velardena Property. Two follow-up drill holes, SJ18-22 and SJ18-23 cut i) 5.9 grams per tonne (g/t) [...]
By Melissa Pistilli – Exclusive to Silver Investing News Several forces are colluding right now to depress the silver price. Major reasons cited for the downturn are the dollar’s rise, the crude oil price tumble, and rebounds in the US equities market, which have made precious metals less attractive as a hedge against inflation. On Friday, the dollar experienced its [...]
By Melissa Pistilli – Exclusive to Silverinvestingnews.com I don’t know what pains me more: my trip to the dentist this morning or silver tumbling down to $16.46/0z. Silver started the week in a state of duress closing yesterday at $16.89/oz. Monday, the dollar climbed to a seven-week high against several major currencies, which in turn [...]
By Melissa Pistilli – Exclusive to SilverInvestingNews.com Update! Those investors who bought silver last week under anticipation of a bust through $21/oz woke up with a slight hangover this morning. Watching silver slump from $19.31 to $18.46 and further sink to $17.90 yesterday was enough to give me a headache. But, now at $17.33/oz I’m [...]
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