Bernanke Speaks, Gold and Silver Respond

Gold shot to new record highs today on Fed chairman Ben Bernanke’s remarks that “gold is not money“, and regarding the US central bank preparing another round of monetary easing …

Silver $35 holding pattern

Silver continues its range-bound trading, closing once again near the $35 mark. Sideways trading in the past week is healthy for the silver bull market, after its over-heated rise and …

Mike Maloney on the Silver Shakeout

Mike Maloney released a great video this weekend, bringing a great long-term perspective on silver, and where the dollar is ultimately headed.  As Mike explains, “There is no scenario where …

BTFD

The price of silver shed $5 in spectacular fashion in after-hours trading Sunday night. Double hikes in margin requirements in last weeks volatile trading has forced the leveraged paper traders …

Wild Ride for Silver

Volatility in silver has been extremely high, with prices pulling back from the recent parabolic upward moves to close at $45.60 today. All eyes are on tomorrow’s Federal Open Market …