JP Morgan Covering Silver Short Position
The National Inflation Association reports that JP Morgan has now admitted to having manipulated silver price and is taking steps to reduce it.
Articles Tagged "precious metal"
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.
J.P. Morgan Getting Squeezed In Silver Market?
SFgate.com reviews whether J.P. Morgan (NYSE:JPM) holds a giant short position in silver.
Demand Propels Silver ETFs to Records
Etftrends.com reports that Silver investment demand has soared this year.
Silver case hard to prove
Reuters reports that Federal regulators and investors face tough challenge to prove that JPMorgan Chase & Co and HSBC Holdings Plc are manipulating the market.
Del Toro Expands Josefina Target at Dos Naciones
Del Toro Silver Corp. (OTC: DTOR) reports the company has expanded the Josefina target at Dos Naciones.
ETF Securities Launches New Precious Metals Basket (GLTR)
Eon.businesswire reports that ETF Securities announced that ETFS Precious Metals Basket shares will be listed on the NYSE Arca under the ticker symbol GLTR “Glitter”, on October 22, 2010.
Otis Announces $2,200,000 Private Placement
Otis Gold Corp. (TSE:OOO) reports a non-brokered private placement of up to 4,000,000 units at a price of $0.55 per unit. The aggregate gross proceeds of private placement is up to CDN$2,200,000.
Aura Silver Closes $2.2 Million First Tranche of Private Placement Financing
Aura Silver Resources Inc. (CVE:AUU) reports that the company has closed a brokered private placement financing issuing 5,555,388 flow-through units for gross proceeds of $999,970.
Silver Mining in Peru
Silver’s history as a precious metal has deep roots in Peruvian culture, in which it has long been associated with the mysterious and feminine powers of the moon. The Incas, enthralled by its soft gleam, referred to it as “the tears of the moon.”
