http://www.silverseek.com Fri, 03 Jul 2009 21:36:07 GMT The latest news from SilverSeek.com. en-us Copyright SilverSeek.com, Silver Seek LLC Gold Seek LLC Fri, 03 Jul 2009 21:36:07 GMT http://news.silverseek.com/Zealllc/1246656967.php http://news.silverseek.com/Zealllc/1246656967.php When the words “precious metals” are spoken, gold is usually what comes to mind first. And in the universe of PM stocks it is indeed gold that most miners are after. The vast majority of PM mining companies explore for and ultimately seek to find the Ancient Metal of Kings. But gold is not the only precious metal. Fri, 03 Jul 2009 21:25:11 GMT http://news.silverseek.com/SilverInvestor/1246656311.php http://news.silverseek.com/SilverInvestor/1246656311.php The following is an excerpt from the March issue of The Morgan Report. This followed a lengthy discussion of how silver and gold both performed during inflationary and deflationary periods. Most of what I wrote was based upon the work of Roy Jastram and his work on Silver the Restless Metal and the Golden Constant. Thu, 02 Jul 2009 20:38:19 GMT http://news.silverseek.com/GoldSeeker/1246567099.php http://news.silverseek.com/GoldSeeker/1246567099.php Gold fell all the way to $926.45 after the release of this morning’s jobs report before it rebounded back higher into the close, but it still ended with a loss of 1.09%. Silver dropped to as low as $13.29 before it also rebounded, but it still ended with a loss of 2.48%. Thu, 02 Jul 2009 06:00:00 GMT http://news.silverseek.com/SilverSeek/1246514400.php http://news.silverseek.com/SilverSeek/1246514400.php Mark at Northwest Territorial Mint suggests that instead of me always yammering about buying “gold, silver and oil”, maybe I should switch to “silver, gold and oil”, which he deems “might even merit an exclamation point” since silver should precede gold in the lineup since silver is probably the most astoundingly under-priced element on the face of the planet! Wed, 01 Jul 2009 20:31:28 GMT http://news.silverseek.com/GoldSeeker/1246480288.php http://news.silverseek.com/GoldSeeker/1246480288.php Gold and silver saw slight gains in Asia and London before they jumped higher in morning New York trade and rose to as high as $946.25 and $13.862 by a little after noon EST before both metals fell back off slightly in the last hour or so of trade, but gold still ended with a gain of 1.57% while silver added 1.25%. Wed, 01 Jul 2009 19:25:12 GMT http://news.silverseek.com/GoldIsMoney/1246476312.php http://news.silverseek.com/GoldIsMoney/1246476312.php So far, out of 80,000 readers, nobody has asked me when the housing collapse will end. Funny. I might be regarded as knowing something about that, since I called it in advance, well before the peak, 5 years ago. Wed, 01 Jul 2009 01:48:49 GMT http://news.silverseek.com/SilverSeek/1246412929.php http://news.silverseek.com/SilverSeek/1246412929.php What is a silver indexed bond and how does it work? Quite simply, a silver indexed bond is like a normal bond that is bought for an initial sum (the principal or capital) and interest is paid on it until a maturity date. Where it differs from a normal bond is the option which allows the bearer to convert the bond into an agreed amount of silver or the cash equivalent if certain conditions prevail. Tue, 30 Jun 2009 20:35:58 GMT http://news.silverseek.com/GoldSeeker/1246394158.php http://news.silverseek.com/GoldSeeker/1246394158.php Gold saw slight gains in Asia and traded near unchanged in London before it fell in early New York trade to as low as $923.45 by about 11AM EST, but it then bounced back higher into the close and ended with a loss of just 1.51%. Silver saw over 1% gains in Asia before it also fell back near unchanged in London and dropped in early New York trade to as low as $13.458 by late morning, but it also rallied back higher in the last couple of hours of trade and ended nearly 1% off that low with a loss of 2.8%. Mon, 29 Jun 2009 20:35:32 GMT http://news.silverseek.com/GoldSeeker/1246307732.php http://news.silverseek.com/GoldSeeker/1246307732.php Gold traded mixed in Asia and saw slight gains at $942.57 in London before it fell to see a $6 loss at as low as $934.21 by about 10AM EST in New York, but it then rallied back higher into the close and ended with a gain of 0.04%. Silver briefly flirted with a small gain in London before it fell all the way to $13.85 by about noon in New York, but it then rallied back higher in the last hour and a half of trade and ended with a loss of just 1.13%. Mon, 29 Jun 2009 19:07:53 GMT http://news.silverseek.com/TedButler/1246302473.php http://news.silverseek.com/TedButler/1246302473.php This is an important report. It is likely that its recommendations will be implemented. The Subcommittee found that the CFTC failed to uphold commodity law, by allowing large index traders to hold long positions in wheat well above the proscribed speculative position limits of 6,500 contracts.