• Gold: 1,497.39 1.23
  • Silver: 16.90 0.04
  • Euro: 1.108 0.001
  • USDX: 98.358 0.216
  • Oil: 56.14 1.23

Bart Chilton, former CFTC commissioner, dead at...

The former U.S. CFTC commissioner was known for calling for greater regulation of cryptocurrencies and derivatives.

Silver Demand in India Set for 4-Year High on...

Silver will see a resurgence in demand this year from rural Indians spending cash handouts from the government designed to aid local economies ahead of the general election, according to Metals Focus Ltd.

Silver, not gold, is the portfolio insurance to...

"Precious metals resemble insurance. We pay premiums before disaster strikes, hoping that we won’t need to make a claim. A small investment in silver and gold, less than 5% of a portfolio, serves the same purpose. We should buy insurance when the premiums are low and keep the coverage. Just let the protection sit there so you can sleep well at night. The ageless storehouses of gold and silver work when nothing else does, like during the Great Recession. Both precious metals are excellent investments to hedge against unforeseen risks. Silver makes sense because it is cheaper, rises faster than gold when disaster strikes, and is easily divisible into small coins, just in case you need to buy a loaf of bread or an iPhone and paper currency doesn’t work. Gold also belongs in a portfolio, because a small amount goes a long way in settling obligations. But right now silver is a much better bargain. It has declined by more than 65% from its 2011 peak while gold is off by about 30%. Portfolio insurance is cheap today. If you own silver, hold on. If not, buy it."

What’s the best speculative asset for 2019:...

Silver is a somewhat comparable speculative alternative to Bitcoin. It has been used as money since the dawn of civilisation, albeit as monetary metal not computer code. In recent years silver has become more of a speculative asset than a currency, although it is also a very useful industrial metal. It’s vital for smartphones and other electronic products.

How silver could bounce back after a ‘bearish...

“Now that we have fallen below $16, we are back in what I believe is an extremely attractive accumulation zone,” Peter Spina, president and chief executive officer of GoldSeek.com, told MarketWatch. He said prospects for silver are “looking significantly stronger” in the second half of the year.

Silver Standard Resources Acquires Interest in...

Huayra is engaged in exploration and development activities in Argentina and owns the Diablillos gold-silver project. The advancement of the Diablillos project, together with the M-18 project, is part of an agreement the company reached with Silver Standard Resources last September. Following the agreement, Silver Standard acquired a 19.9% equity stake in Huayra, a net smelter return royalty of 1% on the Diablillos and M-18's production. The company also appointed W. John DeCooman, its vice president of business development and strategy, to Huayra’s board of directors.

James Turk: May silver options start expiring...

James Turk: May silver options start expiring today. Can the shorts keep silver under $18? Or will we see a short squeeze?

Northern Vertex – Gold-Silver Moss Mine Project...

• Construction Ready • Open-pit, Low strip, Heap leach gold-silver deposit • Pilot Production Confirmed Recoveries and Mining Process • Robust Economics – 48% after-tax IRR • Targeting +42,000 Gold EQoz/YR • Resource Expansion and Exploration Drilling Upside

Silver futures on track for best weekly advance...

Gold and silver futures soared Friday, marching higher as the dollar softened and investors bought assets perceived as havens to start July. Metals have benefited from worries sparked by the U.K.’s decision to exit the European Union, dubbed Brexit, roiled markets. But precious metals had retreated somewhat as appetite for risk lured buyers back into stocks over the past few sessions. August gold GCQ6, +1.50% gained $16.70, or 1.3%, to $1,337.50 an ounce. Trading has been choppy since futures prices marked their highest close since July 11, 2014, earlier this week. All told, gold futures prices are on track for a 1.1% weekly gain and up about 7% for the second quarter, according to FactSet data. Meanwhile, silver outpaced its sister metal, with September silver SIU6, +4.55% gaining 65 cents, or 3.5%, at $19.28 an ounce early Friday. Thursday’s close at $18.62 marked the highest settlement since mid-September of 2014. Futures prices are on track for an 8.3% weekly gain—the metal’s best since weekly advance in 15 months. Silver roughly 20% during the second quarter and are up nearly 40% so far this year.

Miner Sees Silver Price Surging Ninefold as...

“For an electronics manufacturer to come directly to us -- that tells me something is changing in the market,” said Keith Neumeyer, chief executive officer of First Majestic, the top stock in Canada and among its global peers this year. “I think we’ll see three-digit silver,” he said, predicting the metal could surge to $140 an ounce by as early as 2019.