• Gold: 1,582.11 -0.64
  • Silver: 17.80 0.07
  • Euro: 1.084 -0.000
  • USDX: 99.166 0.005
  • Oil: 52.05 -0.17

Silver Hoard Near Record as Hedge-Fund Bulls...

At a time when hedge funds are the least bullish on silver in almost four years, investors’ holdings are near a record, siding with the analysts predicting a rally as central banks move to bolster growth.

Fed Signals More Steps to Spur Economy Amid...

“Economic activity decelerated somewhat over the first half of this year,” the Federal Open Market Committee said today at the conclusion of a two-day meeting in Washington. “The committee will closely monitor incoming information on economic and financial developments and will provide additional accommodation as needed to promote a stronger economic recovery and sustained improvement in labor market conditions in a context of price stability.”

CFTC’s Chilton Sees Silver Probe Concluding This...

A four-year probe of potential price manipulation in the silver market may be completed as early as September, according to Bart Chilton, a member of the U.S. Commodity Futures Trading Commission.

Ignore Today’s Noise In Sprott Silver Fund

If you own the Sprott Physical Silver Trust (PSLV) and are eyeing this closed-end fund’s outsized drop today, try not to fret. The follow-on offering that’s driving the fund lower than silver futures and the big silver ETF today was sold at a premium to yesterday’s net-asset value. The extra cash will help shareholders in the future.

Sprott Physical Silver Trust Falls 5% After...

Sprott Physical Silver Trust (PSLV) fell more than silver ETFs on Thursday after its manager announced a follow-on offering to buy more bullion.

Minutes of the Federal Open Market Committee

Looking beyond the temporary effects on inflation of this year's fluctuations in oil and other commodity prices, almost all participants continued to anticipate that inflation over the medium-term would run at or below the 2 percent rate that the Committee judges to be most consistent with its statutory mandate. In one participant's judgment, appropriate monetary policy would lead to inflation modestly greater than 2 percent for a time in order to bring unemployment down somewhat faster. Some participants indicated that they saw persistent slack in resource utilization as posing downside risks to the outlook for inflation; a few participants judged that the highly accommodative stance of monetary policy posed upside risks to the medium-term inflation outlook.

Bolivia to consider nationalizing embattled...

Bolivia will consider nationalizing Canadian miner South American Silver Corp's silver property, President Evo Morales said on Sunday, following violent indigenous protests against the mining project. Leftist Morales, who last month took control of global commodities giant Glencore's tin and zinc mine in the Andean country, said he hadn't taken a final decision on whether to revoke the Canadian miner's concession.

Silver’s split personality feeds steep price drop

Silver’s split personality as an industrial and precious metal contributed to a steep drop for the second quarter, as the metal’s economic demand prospects and safe-haven appeal duel for investors’ attention.

Silver at `Attractive Entry Point,' Del Ama...

Bruno Del Ama, chief executive officer of Global X Management Co., talks about the outlook for the silver market and his investment strategy for the precious metal. He speaks with Pimm Fox on Bloomberg Television's "Taking Stock."

Fed Expands Operation Twist by $267 Billion...

The Federal Reserve will expand its program to replace short-term bonds with longer-term debt by $267 billion through the end of the year in a bid to reduce unemployment and protect the expansion. The continuation of Operation Twist “should put downward pressure on longer-term interest rates and help to make broader financial conditions more accommodative,” the Federal Open Market Committee said today in a statement at the conclusion of a two-day meeting in Washington.