Although crude oil added +0.3% to settle at 70.82 Thursday, trading momentum was weakened as the US reported a series of disappointing data. Investors worried that economic recovery might not come as…
Tag: Silver
Silver Daily Technical Outlook
Comex Silver (SI) Silver’s rebound from 15.74 is still in progress and further rise could be seen. But still, risk remains on the downside as long as 17.345 minor resistance holds. Below…
Silver Daily Technical Outlook
Comex Silver (SI) Silver’s recovery from 15.76 is still in progress and is now pressing 4 hours 55 EMA. Some more rise might still be seen but after all, risk remains on…
Commodities Strengthen as IMF Upgrades Credit Market Outlook
Crude oil price rebounds above 67 in European morning as USD retreats. IMF’s improved outlook on global credits, strong China PMI and Japan industrial output data also revive market expectations on economic…
Silver Daily Technical Outlook
Comex Silver (SI) With 4 hours MACD crossed above signal line, an intraday low is in place in Silver at 15.76 and some consolidation could now be seen. Nevertheless, risk remains on…
Preserve Your Wealth with Precious Metals
“I’m not so much interested in the return on my money as I am the return of my capital.” –-Will Rogers In this extraordinary environment, preserving your personal wealth becomes priority one….
Silver Daily Technical Outlook
Comex Silver (SI) At this point, intraday bias in Silver remains on the downside with 16.41 minor resistance intact. As discussed before, whole rise from 12.435 might have completed at 17.69 already….
Commodity Prices Remain Soft in Asia Monday
Although still trading above 65, crude oil’s near-term outlook remains weak as investors worry about energy consumption. Decline in stock prices in Asia market and rebound in USD exert additional pressure on…
Silver Weekly Technical Outlook
Comex Silver (SI) Silver’s fall from 17.69 extended further to as low as 15.95 last week. Break of 16.06 cluster support (38.2% retracement of 13.495 to 17.69 at 16.088) serves as the…
Silver Stock Report: The Tiny $0.001 Trillion Silver Market
(Millions, Trillions and Billions, Oh My!) Silver Stock Report by Jason Hommel, September 25th, 2009 The Silver Market is small. Very small. I don’t think people quite understand how small it is,…