Is Silver the most undervalued metal? Silver is a unique metal which belongs to the category of Precious Metal. Along with Gold, Silver has been used as money for thousands of years. It was the Roman Empire in 330 BCE who first used gold and silver in a widespread currency system. Under the Roman currency system, denarius is the name of a small silver coin and became the main … [Read more...]
Gold Stocks & Silver Nearing Relief Rally
The following post was originally published on TheDailyGold.comThe past few weeks have been rough for precious metals. Gold had climbed all the way to $1297/oz but the other parts of the sector (Silver and the gold stocks) failed to confirm the move. They have since fallen off a cliff. Over the past 14 days, GDX has lost 15% while GDXJ has declined 20%. Silver during that … [Read more...]
Mining Stocks Rally: Good News for Precious Metals?
In recent days, the Gold Index ($HUI) closed at its highest level in over a year. The surge is a sign that we may not be embarking on a new bull market for physical precious metals.In just a few months, miners such as Endeavor Silver Corporation ($EXK) and Barrick Gold Corporation ($ABX) have seen their share prices rise 30% and double, respectively.Usually, such a move … [Read more...]
Peak Gold and Silver – It’s Here!
Have we reached peak precious metals? Many analysts think so.Just to be clear, however, the idea of peak gold and peak silver doesn’t refer to a peak prices. The precious metals put in a cyclical price high in 2011. But annual mining production levels may have peaked in 2014-2015. This is what is meant by “peak precious metals.”There is good reason to believe that newly … [Read more...]
Silver Is Shining Brightly!
The markets are in the dumps... there's no denying that fact. Unfortunately, since the first day of trading this year, we've seen declines. In fact, we've gone past correction territory, and if this continues, we will be hearing about the market crash of 2016 for years to come. So, how do you keep your money safe during times like this? Well, you look toward safe havens! One of … [Read more...]
