Gold Seeker Closing Report: Gold and Silver Rise To New Highs Once More

	Close	Gain/Loss
Gold	$1494.00	+$2.40
Silver	$43.78	+$0.99
XAU	220.47	+1.73%
HUI	585.23	+1.51%
GDM	1711.14	+1.46%
JSE Gold	2780.03	+8.89
USD	75.06	-0.44
Euro	143.35	+1.01
Yen	121.16	+0.20
Oil	$108.15	+$1.03
10-Year	3.356%	-0.015
T-Bond	121.46875	+0.3125
Dow	12266.75	+0.53%
Nasdaq	2744.97	+0.35%
S&P	1312.62	+0.57%

Gold rose to a new all-time high of $1498.05 by about 8AM EST before it fell back off a bit in late morning New York trade, but it then rose to a new high of $1499.40 by midday and ended with a gain of 0.16%. Silver climbed to a new 31-year high of $43.903 in the last minutes of trade and ended with a gain of 2.31%.

Euro gold fell to about €1043, platinum lost $3.50 to $1766.50, and copper gained 3 cents to about $4.22.

Report	For	Reading	Expected	Previous
Housing Starts	Mar	549K	520K	512K
Building Permits	Mar	594K	540K	534K

Tomorrow at 10AM EST brings the Existing Home Sales report for March expected at 5 million.

Oil reversed early losses and ended higher on geopolitical fears as the U.S. dollar index fell after the euro rose on easing debt worries in Europe.

Treasuries saw slight gains on a slow economic growth outlook that kept interest rates low.

The Dow, Nasdaq, and S&P traded mostly slight higher as mixed earnings reports were offset by better than expected housing data.

Among the big names making news in the market today were Seagate, J&J, and Goldman Sachs.

“In watching silver move up towards $44 in today's session, I am struck by the huge amount of air pockets above this market. Based on the manner in which it is moving up, there are simply not enough offers. I get the sense that would-be shorts in silver are terrified to step in front of this market. The dearth of sellers is allowing small bids to take the price up in big steps.

Coming on the heels of what was a huge volume day yesterday, I am a bit concerned about this. Right now it seems to be more a case of fewer sellers than it is a case of more buyers. I want to see the metal clear $44 and hold that level to feel a bit more comfortable about this and I want to see the volume pick up some. This market has come a long way and will need to see plenty of buyers even at these levels to keep it moving steadily upward.

A pause in the move would actually be healthy at this point. It could be that some of the shares are sensing this are a reluctant to jump higher waiting to see if the metal will pause and set back a bit or gather further momentum and just head to $50. Should the latter occur, we will see a rash of short covering in the silver mining shares.

Let's see how the metal fares the remainder of the trading day. If it clears $44, the volume should pick up.”- Dan Norcini, More at http://www.traderdannorcini.blogspot.com/

COMEX Gold Trust (IAU) Total Tonnes in Trust: 133.69 - No change from yesterday’s data.

Silver Trust (SLV) Total Tonnes in Trust: 11,044.07 - No change from yesterday’s data.

Metalline’s (MMG) new chief geologist, Silvermex’s (SLX.TO) drilling, Kimber’s (KBX) drill results, and Fortuna’s (FVI.TO) board appointment were among the big stories in the gold and silver mining industry making headlines today.

Winners & Losers tracks NYSE and AMEX listed gold and silver mining stocks that trade over $1.

Yellowhead Mining Announces the Granting of Stock Options - More
- April 19, 2011 | Item | ShareThis

Northaven Resources Corp.: Option to Purchase Luxor Property - More
- April 19, 2011 | Item | ShareThis

Nevado Announces a $7,100,000 in Flow-Through, Super Flow-Through and Hard Dollar Financing - More
- April 19, 2011 | Item | ShareThis

Portex Announces Name Change and Provides Operational Update - More
- April 19, 2011 | Item | ShareThis

Rome's Prospector II Reverse Circulation Drill Will Accelerate Evaluation of Rome's Extensive Properties - More
- April 19, 2011 | Item | ShareThis

First Uranium Commissions Tailings Storage Facility at Mine Waste Solutions and Uranium Production Recommences at Ezulwini Mine - More
- April 19, 2011 | Item | ShareThis

Geovic Completes Feasibility Study on Nkamouna Cobalt Project, Commences Financing Phase - More
- April 19, 2011 | Item | ShareThis

Catalyst Copper Releases Estimated Resources Within La Verde Pit Shells - More
- April 19, 2011 | Item | ShareThis

Bravada Begins Core Drilling at East Manhattan in Nevada - More
- April 19, 2011 | Item | ShareThis

First Quantum Minerals Reports Q1 2011 Production of 74,900 Tonnes of Copper and 49,100 Ounces of Gold - More
- April 19, 2011 | Item | ShareThis

Trevali Signs Term-Sheet With WestLB for Up to US$30,000,000 Debt Facility for Santander Zinc-Lead-Silver Mine Development in Peru - More
- April 19, 2011 | Item | ShareThis

CuCo Resources Limited Announces Appointment of New Board Member: John A. Brough - More
- April 19, 2011 | Item | ShareThis

Darnley Bay Resources Completes Spring 2011 Base Metals Drill Program - More
- April 19, 2011 | Item | ShareThis

La Mancha Announces CFO Change - More
- April 19, 2011 | Item | ShareThis

Fission Energy Acquires an Additional 10% Limited Partnership Interest in the Limited Partnership Exploring the Waterbury Lake Property - More
- April 19, 2011 | Item | ShareThis

New Guinea Gold Announcement-Drill Hole KVD025 Intersects 4.20m of 31.74g/t Gold in Kavursuki Zone, Sinivit Project, Papua New Guinea - More
- April 19, 2011 | Item | ShareThis

Taku Stakes Additional Claims in White Gold District of Yukon - More
- April 19, 2011 | Item | ShareThis

Geodex Acquires Jake Lee Property for Rare Earth Potential - More
- April 19, 2011 | Item | ShareThis

Dia Bras Reports Highly Anomalous Gold in Stream-Sediment Samples at the La Verde Gold Prospect at Its Batopilas Property - More
- April 19, 2011 | Item | ShareThis

Mesa Exploration Engages IntelliMet - More
- April 19, 2011 | Item | ShareThis

Nuinsco Announces Highest Gold Grades to Date from Surface Sampling at Bukari Concession, Egypt - More
- April 19, 2011 | Item | ShareThis

Golden Phoenix Joint Venture Partner Scorpio Gold Appoints Mine Manager for the Mineral Ridge Gold Deposit in Nevada - More
- April 19, 2011 | Item | ShareThis

Sphere Resources Completes Geophysical IP Survey and Exposes the 3 Previously Discovered Gold Veins on the Alcourt Property in Red Lake, Ontario - More
- April 19, 2011 | Item | ShareThis

Soho Retains Merriman Capital to Pursue Listing on the OTCQX - More
- April 19, 2011 | Item | ShareThis

Sienna Gold Inc. Intersects 41.3 Meters of 1.231 g/ton Gold and 16.9 g/ton Silver - More
- April 19, 2011 | Item | ShareThis

Selwyn Expands Management Team - More
- April 19, 2011 | Item | ShareThis

Stellar Pacific Ventures Drills 20 Meters of 1.74 g/t Gold Under Balandougou Solotomo Artisan Digging Site - More
- April 19, 2011 | Item | ShareThis

Centerra Gold 2011 First Quarter Results Conference Call and Webcast - More
- April 19, 2011 | Item | ShareThis

Galantas Reports Results for the Year Ended December 31, 2010 - More
- April 19, 2011 | Item | ShareThis

Metalline Appoints Chief Geologist - "Mr. Cunliffe has over 16 years experience working throughout South and Central America exploring mainly for precious metals. He has held a number of senior management positions including; the South American Exploration Manager for Hochschild Mining plc. and Underworld Resources. During this time he has been involved in the discovery and advancement of a number of projects including the San Jose gold-silver vein deposit for Hochschild. Mr. Cunliffe is familiar with Mexican geology having worked in the country previously. Mr. Cunliffe has a Masters degree in Mineral Exploration and Mining Geology from Leicester University in the United Kingdom and is fluent in English and Spanish." More
- April 19, 2011 | Item | ShareThis

GoldQuest Drilling Intercepts 36.5 Meters Grading 2.74 g/t Gold at La Escandalosa, Dominican Republic; New Director Appointed - More
- April 19, 2011 | Item | ShareThis

China Shen Zhou Receives a Going Concern Qualification for the 2010 Year - More
- April 19, 2011 | Item | ShareThis

Cadan Completes Resource Definition Drilling at Its Tagpura Porphyry Skarn Copper-Gold Project First Hole Intercepts 106 Meters @ 0.65% Copper - More
- April 19, 2011 | Item | ShareThis

Ranger Gold Corp. Receives Drilling Permit Approval - More
- April 19, 2011 | Item | ShareThis

Terra Firma Signs MOU for Gold and Copper Property in South Sulawesi, Indonesia - More
- April 19, 2011 | Item | ShareThis

Canaco Announces Proposed Spin-Out of Tigray Resources Inc. - More
- April 19, 2011 | Item | ShareThis

Arianne Sells the Majority of its James Bay Interest to Virginia Mines - More
- April 19, 2011 | Item | ShareThis

Talison Lithium Reports Record Sales and Production Results for Third Quarter 2011 - More
- April 19, 2011 | Item | ShareThis

MBMI Receives FTAA Cancellation Notice - More
- April 19, 2011 | Item | ShareThis

Capella Resources Re-Initiates Exploration at Lajitas-Chile - More
- April 19, 2011 | Item | ShareThis

Indicator Minerals Commences Drilling at the Mohave Copper Project - More
- April 19, 2011 | Item | ShareThis

Silvermex Resources Starts Drilling at La Guitarra - "Silvermex Resources Inc. (TSX:SLX - News) ("Silvermex") announces the commencement of a program of underground delineation and exploration drilling at its La Guitarra Mine in the Temascaltepec Mining District, Mexico State, Mexico. The diamond drill contractor has mobilized on site. The present program will consist of approximately 7,500 m of NQ core drilling." More
- April 19, 2011 | Item | ShareThis

Empire Mining: Third Drill Rig Now Turning at Bursa Copper-Gold Discovery; IP Survey to Begin - More
- April 19, 2011 | Item | ShareThis

Abzu Gold Acquires Rights to Golden Reef Concession in Ashanti Region and Commences Work Programs on the Asankrangwa Gold Belt - More
- April 19, 2011 | Item | ShareThis

Hana Mining Ltd.: Infill Drilling Extends Copper-Silver Mineralization by 300 m Along Dip at the Northeast Fold - More
- April 19, 2011 | Item | ShareThis

Tarsis Announces $1.6 Million Private Placement, Kinross Takes 9.9% Stake - More
- April 19, 2011 | Item | ShareThis

Excelsior Intersects 0.39% Copper Over 1110 Feet - More
- April 19, 2011 | Item | ShareThis

Woulfe Mining First New Drill Results from Sangdong - More
- April 19, 2011 | Item | ShareThis

Mill City Gold Corp. Options Six Properties in Tombstone Gold Belt From Strategic Metals Ltd. - More
- April 19, 2011 | Item | ShareThis

Mill Bay Ventures Inc. Updates Mineral Resource Estimate on Valentine Mountain Property - More
- April 19, 2011 | Item | ShareThis

Gold-Ore Announces Appointment of New CFO - More
- April 19, 2011 | Item | ShareThis

Caza Gold Appoints Vice President Exploration - More
- April 19, 2011 | Item | ShareThis

KIMBER INTERCEPTS 10 METRES OF 2.2 g/t GOLD AND 98 g/t SILVER AT CARMEN DEPOSIT AND 6 METRES OF 85 g/t SILVER AT NEW LA VERDE TARGET - "Kimber Resources Inc. (NYSE Amex: KBX) (TSX:KBR.to - News) is pleased to announce results from a further 12 holes from its reverse circulation drilling program at its Monterde Project in Mexico. Six holes were drilled at the southern end of the main Carmen and Cob structures and six holes were drilled on three new targets within two kilometres of the main Carmen deposit: La Verde, Veta Norte and Estructura 0409." More
- April 19, 2011 | Item | ShareThis

Richfield Drills 82 Metres of 3.29 g/t Au Including 15 Metres of 14.5 g/t Au - More
- April 19, 2011 | Item | ShareThis

Alderon Confirms Iron at North Rose With 31% Iron Over 204 Meters - More
- April 19, 2011 | Item | ShareThis

North Country Gold Corp Commences $25 Million Drilling Program at Three Bluffs Gold Project - More
- April 19, 2011 | Item | ShareThis

Focus Samples High Grade Silver at Santa Rosa, Peru - 5.9m grading 12.5 oz/t Ag, 15.4% Zn & 24.3% Pb - More
- April 19, 2011 | Item | ShareThis

Fortuna Announces Changes in the Board of Directors - "Mr. Kelly is a graduate of the Colorado School of Mines with a Bachelor of Science degree in Mining Engineering and a Masters of Science degree in Mining Engineering with a minor in Mineral Economics. Tom brings 36 years' experience in mine production, minerals industry consulting and corporate management in various Latin American countries, working mostly for international mining companies, and on behalf of resource financial institutions and banks. He currently serves as CEO of Apurimac Ferrum, a private company developing iron ore assets in Peru." More
- April 19, 2011 | Item | ShareThis

Largo Resources Engages Promon to Engineer and Build Maracas Vanadium Project, Bahia, Brazil - More
- April 19, 2011 | Item | ShareThis

Golden Hope Retains SGS Canada Inc. - Geostat and GENIVAR as Independent Consultants to its Bellechasse Gold Project in Southeastern Quebec - More
- April 19, 2011 | Item | ShareThis

Silver Quest Reports 82 Metres of 3.29 g/t Gold Intercepted at Davidson Project, BC - More
- April 19, 2011 | Item | ShareThis

Rockland Minerals Provides Retty Lake Cu-Ni-PGM Project Update - More
- April 19, 2011 | Item | ShareThis

Virginia Acquires Ressources D'Arianne's Majority Interests in the James Bay Region; Virginia Acquires the Carat Royalty - More
- April 19, 2011 | Item | ShareThis

Catalina Metals Corp.: New Director and CFO Appointed - More
- April 19, 2011 | Item | ShareThis

Ashburton Begins Drilling Program at Deep Creek, Nevada - More
- April 19, 2011 | Item | ShareThis

Buccaneer Gold Announces Corporate Update - More
- April 19, 2011 | Item | ShareThis

Quadra FNX Announces a Resource for the Victoria Project 3.4 BN lbs(i) of Contained Cu Equivalent - More
- April 19, 2011 | Item | ShareThis

Sulliden Confirms Parallel Gold/Silver-Bearing Structure at Shahuindo - More
- April 19, 2011 | Item | ShareThis

Quadra FNX Announces First Quarter 2011 Production Results - More
- April 19, 2011 | Item | ShareThis

Pilot Gold Reports Initial Work Programs for 2011 - More
- April 19, 2011 | Item | ShareThis

Chalice Gold Mines Appoints Senior Vice President of Corporate Development - More
- April 19, 2011 | Item | ShareThis

Extorre Gold Mines Limited: New High Grade Gold-Silver Discovery at Cerro Moro - More
- April 19, 2011 | Item | ShareThis

Pancon Updates Charley Creek REE Project, NT. Australia - More
- April 19, 2011 | Item | ShareThis

Aquila Resources: Update On Back Forty Project - More
- April 19, 2011 | Item | ShareThis

Kalimantan Gold Signs Definitive Agreement With Freeport - More
- April 19, 2011 | Item | ShareThis

EMED Mining: Key Government Departments Respond to Submissions Regarding the Restart of the Rio Tinto Copper Mine - More
- April 19, 2011 | Item | ShareThis

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