Supply/demand fundamentals favour gold, silver, oil, uranium and pgms - SILVER NEWS - Mineweb.com Mineweb

Supply/demand fundamentals favour gold, silver, oil, uranium and pgms - SILVER NEWS - Mineweb.com Mineweb

www.TheSilverPrice.info

Silver Better Investment Than Gold, According to Penny Stock Detectives, a Leading Financial Web Site - Press Release - Digital Journal

Silver Better Investment Than Gold, According to Penny Stock Detectives, a Leading Financial Web Site - Press Release - Digital Journal

www.TheSilverPrice.info

New York, NY (PRWEB) June 08, 2012

Danny Esposito, contributor to Penny Stock Detectives, argues silver has been used as money throughout history, making its association with money equal to gold’s. He believes investors who argue that silver is not a monetary precious metal because it has more industrial uses than gold are wrong. Instead, Esposito suggests, silver’s exciting new industrial uses make it a more attractive investment.

In the article, “Silver as Precious as Gold,” Esposito notes, “Silver has the highest electrical conductivity of any element known to man and the highest thermal conductivity of any metal.”

Silver bullion’s ability to kill bacteria without harming the human body has made it invaluable in many medical applications. Everything from wound dressings to gowns to catheters to medical equipment is manufactured with silver bullion.

Research and development continues to find new uses for the precious metal. It is estimated that three-quarters of the silver bullion mined each year is already earmarked for industrial uses. This leaves less and less silver bullion for investment purposes, Esposito explains.

Read more: http://www.digitaljournal.com/pr/745791#ixzz1xDJ6bYVY

Silver Surged 3% - ECB At 1%, Dovish Fed Comments and 'Helicopter Ben' Testimony

Silver Surged 3% - ECB At 1%, Dovish Fed Comments and 'Helicopter Ben' Testimony

www.TheSilverPrice.info

Is the Table Set For A Mania In Precious Metals?

Is the Table Set For A Mania In Precious Metals?

www.TheSilverPrice.info

It may feel like I'm out of touch with the precious metals markets to broach the subject of a mania today, but I think the table is being set now for a huge move into gold and silver.

There are, however, very valid reasons to reasonably expect a mania in our sector. For one thing, manias have occurred many times before, but the main issue is that a mania in gold and gold stocks is the likely result of the absolute balloon in government debt, deficit spending, and money printing. Saying all that profligacy will go away without inflationary consequences seems naïve or foolish. Inflation may not attract investors to gold and silver as much as force them to it.

Now, one could make the argument that any rush into gold and silver will be muted if no one has any savings, especially given that demographers say a quarter of the developed world will soon be retired. But even if individuals are wiped out, the world's money supply isn't getting any smaller, and all that cash has to go somewhere.

I wanted to look at cash levels among various investor groups to get a feel for what's out there, as well as how money supply compares to our industry. Data from some institutional investors are hard to come by, but below is a sliver of information about available cash levels. I compared the cash and short-term investments of S&P 500 corporations, along with M1, to gold and silver ETFs, coins, and equities. While the picture might be what you'd expect, the contrast is still rather striking.

Morning Silver Market Report - International Business Times

Morning Silver Market Report - International Business Times

www.TheSilverPrice.info

June 6, 2012 10:19 AM EDT

Compiled 06/06/12 6:00 AM (CT) Statistics: London Gold Fix $1,633.25 LME Copper Stocks 231,200 tons +325 tons SILVER MARKET FUNDAMENTALS: (6:00 AM CT) With a sharp upside extension and breakout on the charts overnight, July silver has reached the highest level since May 10th. Like gold and global equity markets, the silver trade seems to be anticipating action from the ECB. In fact, some players are also thinking the US Fed is poised to easing and that has to have a portion of the bear camp in silver under pressure. Another issue that might be prompting buying of silver is the hope of a 3rd party budget control agreement in the EU. It is also possible that physical commodity markets are anticipating some fresh bank recapitalization plan. Silver might also be drafting some support from marginally support action in the Euro and perhaps silver is simply seeing bargain hunting buying in the wake of a heavy pattern of speculative liquidation that dominated the silver trade from the beginning of March to the May 16th spike low. At least in the early action today, silver looks to be vesting itself in some form of action from at least one central Bank. Comex Silver Stocks were 142.329 million ounces down 649,227 ounces. Silver stocks have increased 11 of the last 20 days. OUTSIDE MARKET DEVELOPMENTS: (6:00 AM CT) Hong Kong shares managed more short covering gains overnight, while Shanghai equities simply marked time again on the charts. European equity markets were higher overnight off hopes of something positive from the ECB meeting early this morning. Early US equity market action was posting definitive gains, as there are expectations of central bank assistance in the air. Seeing a downward revision in Euro zone GDP readings overnight probably increased the hope of easing from the ECB. The US economic report slate today is rather thin, with a weekly mortgage application survey due out early, a couple Fed speeches due out during market hours and a Fed Beige Book scheduled for release in the early US afternoon trade. In general, there appears to be an attempt to fan risk-on sentiment but the question is whether or not the ECB meeting will contribute to that theme or detract from that theme.