http://www.silverseek.com Fri, 19 Mar 2010 20:15:37 GMT The latest news from SilverSeek.com. en-us Copyright SilverSeek.com, Silver Seek LLC Gold Seek LLC Fri, 19 Mar 2010 20:15:36 GMT http://news.silverseek.com/GoldSeeker/1269029736.php http://news.silverseek.com/GoldSeeker/1269029736.php Gold fell $7.10 to $1120.50 in London before it rallied back near unchanged in early New York trade and saw a loss of just 65 cents at $1126.95 at around 9:25AM EST, but it then fell back off rather markedly for most of the rest of trade and ended $6.20 off its early afternoon low of $1101.20 with a loss of 1.79%. Silver fell a little over 1% to $17.227 in London before it also rallied back near unchanged in early New York trade, but it then fell to a new session low of $19.975 at around noon EST and ended with loss of 2.47%. Fri, 19 Mar 2010 19:33:14 GMT http://news.silverseek.com/COT/1269027194.php http://news.silverseek.com/COT/1269027194.php COT Silver Report - March 19, 2010 Thu, 18 Mar 2010 20:20:51 GMT http://news.silverseek.com/GoldSeeker/1268943651.php http://news.silverseek.com/GoldSeeker/1268943651.php Gold fell as much as $5.77 to $1118.28 in Asia before it rose to see a gain of $3.50 at $1127.55 in London and next fell back near its earlier low in late morning New York trade, but it then stormed to a new session high of $1128.10 in early afternoon trade and ended with a gain of 0.32%. Silver saw a 5 cent gain at $17.54 at around 8:30AM EST before it fell to see a $0.185 loss at $17.305 by late morning in New York and then also rallied back higher in afternoon trade, but it still ended with a loss of 0.34%. Thu, 18 Mar 2010 14:32:58 GMT http://news.silverseek.com/SilverSeek/1268922778.php http://news.silverseek.com/SilverSeek/1268922778.php When I first learned that I would not be invited to the March 25 CFTC public hearing on precious metals position limits, I admit that I was more than a bit surprised and disappointed. After all, this was my signature issue, one on which I had pressed the CFTC and the exchanges for more than 20 years. Thu, 18 Mar 2010 03:00:33 GMT http://news.silverseek.com/SilverSeek/1268881233.php http://news.silverseek.com/SilverSeek/1268881233.php Often thrown around as the end-all solution for tracking the value of the US dollar, the dollar index is one of the poorest indicators for the true performance of the currency itself. Silver investors who pay heed to the dollar index will certainly be led astray, as there are fundamental reasons why the index simply is not accurate. Wed, 17 Mar 2010 20:18:22 GMT http://news.silverseek.com/GoldSeeker/1268857102.php http://news.silverseek.com/GoldSeeker/1268857102.php Gold rose as much as $10.45 to $1133.30 in London before it fell back to see a $1.62 loss at as low as $1121.23 in early afternoon New York trade, but it then bounced back higher in the last hour of trade and ended with a gain of 0.11%. Silver climbed 24 cents to $17.58 before it fell to see a $0.005 loss at $17.335 in early New York trade, but it then rallied back higher for most of the rest of trade and ended with a gain of 0.87%. Wed, 17 Mar 2010 15:04:09 GMT http://news.silverseek.com/SilverSeek/1268838249.php http://news.silverseek.com/SilverSeek/1268838249.php We remain long gold and silver, currently with trading stops equivalent to the minor-profit low $1,080s for gold and the no-loss $15.90s-equivalent for silver. We are still of the mindset to allow for more than normal volatility with these fledgling trades, but we are unwilling to allow our “winners” to become losers and will step to the sidelines if stopped. Wed, 17 Mar 2010 05:04:00 GMT http://news.silverseek.com/GoldIsMoney/1268802240.php http://news.silverseek.com/GoldIsMoney/1268802240.php I will be flying out to Washington DC for the CFTC Public Meeting. I have invited two congressmen and a senator to join me; my representative, Tom McClintock, former presidential candidate Ron Paul, and senator Jim DeMint. Please invite your own congressmen and senators to attend this historic event. Seating capacity is limited to about 100 people in the hearing room, and only about 40-50 for "overflow". The event will be webcast as well. Tue, 16 Mar 2010 22:46:39 GMT http://news.silverseek.com/SilverSeek/1268779599.php http://news.silverseek.com/SilverSeek/1268779599.php If you want to know what happens when multiple long positions demand physical delivery of a commodity all at once, you need look no further than the Hunt brothers silver saga of 1979-1980. They did nothing illegal, the Chicago Board of Trade (CBOT) and COMEX changed the rules in the middle of the game, the Commodity Futures Trading Commission (CFTC) implemented new regulations, and the Hunts were bankrupted, unjustly. Tue, 16 Mar 2010 20:15:50 GMT http://news.silverseek.com/GoldSeeker/1268770550.php http://news.silverseek.com/GoldSeeker/1268770550.php Gold and silver traded as much as 1% above yesterday’s close in Asia in London before they both jumped even higher in New York and gold ended near its noontime high of $1127.35 with a gain of 1.55% while silver ended near its high of $17.468 with a gain of 1.58%.