Golden Opportunity To Buy Silver Dips

The fall in gold and silver due in the main to the strengthening dollar and weakening oil price is offering a “golden” opportunity for us to see some action this day and buy the silver dips.

Sorry about the very obvious pun but we thought we should tell you that we have placed a day order for SLV Jan 2010 $17 call (SLVAQ) at $0.90 a contract. Read more

Is Now The Time To Invest In Silver?

Since the beginning of August gold“>spot gold has stayed within a $36 range, less than a 4 % movement between peak and trough. That this has been due to factors such as Indian jewelry demand falling while China has increased its buying, a more or less range bound dollar and oil also staying more or less around the $70 a barrel mark is undeniable. Read more

Why Are Indian Investors Attracted To Silver?

The world’s biggest silver ETF, the iShares Silver Trust has holdings of the metal at an all time high of nearly seven thousand six hundred tonnes, up by more than 10 % already this year.

Drivers of silvers’ strength are said to be Indian investors attracted to silver as a less costly store of value than gold and the buying activity of fund managers.

Last year saw gold gain over 5% while silver fell out of favour with a fall of near 24% over the same period.  Now it looks like silver has regained the comfort zone above $13 an ounce with there are indications that it can move onward from here. Read more

Silver Bounces Off Lows

Silver has enjoyed a good run over the last five years.

In April this year spot silver hit a twenty three year high at over $20 an ounce but since then, in only seven months, has trended down to a low of  $8.83 an ounce in early London trading this morning, Monday 27th October, before bouncing off its low to $9.50 at midday ET. .

With stocks in every sector and every world exchange that has opened after the weekend continuing their downward plunge, it can no longer be argued that we are not well and truly into a worldwide financial crisis situation.

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