http://www.silverseek.com Mon, 08 Feb 2010 21:14:47 GMT The latest news from SilverSeek.com. en-us Copyright SilverSeek.com, Silver Seek LLC Gold Seek LLC Mon, 08 Feb 2010 21:14:45 GMT http://news.silverseek.com/GoldSeeker/1265663685.php http://news.silverseek.com/GoldSeeker/1265663685.php Gold extended last week’s late after hours access trade gains and rose to as high as $1073.70 in late Asian trade before it fell back off in London and dropped to as low as $1061.50 by about 9:30AM EST in New York, but it then chopped its way back higher into the close and ended with a gain of 1.24%. Silver climbed to $15.305 and dropped to $14.92 before it also rallied back higher and ended with a gain of 1.75%. Fri, 05 Feb 2010 21:16:48 GMT http://news.silverseek.com/GoldSeeker/1265404608.php http://news.silverseek.com/GoldSeeker/1265404608.php Gold rose $4.47 to $1067.37 in Asia before it plummeted to see a loss of $13.63 at as low as $1049.27 by a little before 4AM EST and then chopped its way back higher in London and New York to see only slight losses by late morning, but it then fell to a new session low of $1044.50 midday and ended with a loss of 1.00%. Silver fell as much as $0.76 to $14.46 by a little before 12AM EST before it bounced back higher into the close, but it still ended with a loss of 3.77%. However, both metals have risen in after hours access trade to see over 1% gains from those closes at the time of writing. Fri, 05 Feb 2010 20:32:22 GMT http://news.silverseek.com/COT/1265401942.php http://news.silverseek.com/COT/1265401942.php COT Silver Report - February 5, 2010 Thu, 04 Feb 2010 21:11:56 GMT http://news.silverseek.com/GoldSeeker/1265317916.php http://news.silverseek.com/GoldSeeker/1265317916.php Gold and silver traded just slightly lower in Asia and London before they both fell off markedly in New York trade and gold ended near its low of $1060.03 with a loss of 4.35% while silver ended near its low of $15.29 with a loss of 5.75%. Wed, 03 Feb 2010 23:08:34 GMT http://news.silverseek.com/SilverSeek/1265238514.php http://news.silverseek.com/SilverSeek/1265238514.php From a seasonal standpoint a case can be made that Gold and Silver usually make a price high this time of the year. Of course with the global situation many feel that the metals will continue higher and the risk is missing the boat ride by jumping out too soon. Wed, 03 Feb 2010 21:36:31 GMT http://news.silverseek.com/SilverSeek/1265232991.php http://news.silverseek.com/SilverSeek/1265232991.php Having already established that neither gold nor oil is in a bubble, it is now time to add silver into our mathematical mix. Although gold appears expensive when compared with the historical average of silver prices, it is not that gold is overpriced. Rather, silver is easily underpriced compared to both gold and oil and should be well poised for a rally. Wed, 03 Feb 2010 21:17:04 GMT http://news.silverseek.com/GoldSeeker/1265231824.php http://news.silverseek.com/GoldSeeker/1265231824.php Gold climbed higher in Asia and rose to over $1120 in early London trade, but it then fell back of for most of the rest of the day and ended with a loss of 0.51%. Silver neared $17 in Asia before it also fell back off in London and New York and ended with a loss of 2.21%. Tue, 02 Feb 2010 21:12:56 GMT http://news.silverseek.com/GoldSeeker/1265145176.php http://news.silverseek.com/GoldSeeker/1265145176.php Gold remained near unchanged in Asia and rose about 1% in London before it extended its gains in New York and ended near its high of the session with a gain of 1.21%. Silver followed a similar pattern and gained 0.54%. Tue, 02 Feb 2010 19:52:41 GMT http://news.silverseek.com/SilverSeek/1265140361.php http://news.silverseek.com/SilverSeek/1265140361.php Summing up, based on the analysis of the silver chart alone, the metal appears to be bottoming, however given the relatively high level of correlation between silver and the general stock market one may want to wait for additional signals before opening a sizable long position in silver. Mon, 01 Feb 2010 21:27:14 GMT http://news.silverseek.com/GoldSeeker/1265059634.php http://news.silverseek.com/GoldSeeker/1265059634.php Gold fell a few dollars in Asia and traded near unchanged in London before it climbed steadily higher throughout trade in New York and ended near its late session high of $1105.90 with a gain of 2.02%. Silver followed a similar pattern and ended near its late session high of $16.655 with a gain of 2.53%.