|
Click here for
your FREE Silver Futures/Options e Guide
Call 1-800-915-4716 and begin trading
today!
8/20/10 Silver futures prices are selling off in spite of the
rally in gold prices this week. Silver futures are down about 50
cents per ounce as the recent strength in the US Dollar may be
pressuring the market for the near term.
8/13/10 Silver futures prices are trending down lately as the US
Dollar continues to strengthen and and investors are exiting
weak dollar currency hedges. Silver futures prices are trending
lower and gold is for the most part trending higher as of late.
8/6/10 Silver futures prices are trading sideways this week in
spite of recent strength in gold and the weakening US Dollar.
Silver options premiums are high.
8/2/10 Silver futures prices are rallying again in choppy
trading after a huge sell off because investors seem to be
leaving gold and silver for riskier assets as the Eurozone
problems seem to be subsiding somewhat.
7/24/10 Silver futures prices managed to rally about 50 cents
this week as the US Dollar continues to weaken and the Federal
Reserve Bank seems intent upon leaving rates low for quite some
time to come. Silver option premiums are high.
7/10/10 Silver futures prices were range bound this week as less
concern about the European Union debt problems are being
factored into the markets. Good economic news in the US and
abroad are also pulling investors out of safe haven type
investments like precious metals.
7/2/10 Silver futures prices came crashing down this week along
with gold prices in spite of the weakening US Dollar. The idea
that the European debt problems may not be as bad as once
thought is pressuring silver prices. Silver prices are at a 3
week low.
6/25/10 Silver futures prices sold off this week in spite of
stronger gold prices and the weakening US Dollar. The idea of a
slowing economy may push investors to the precious metals
markets.
6/11/10 Silver futures prices rallied this week in spite of
weakness in the gold market. Value investors may be looking at
the logic of buying gold near all time highs versus buying
silver down more than 60% from its all time highs. Silver is
also considered an industrial metal.
6/4/10 Silver futures prices sold off this week as the US Dollar
hit another contract high and weakness in many commodity markets
cast a bearish perception on the global growth idea.
5/28/10 Silver futures prices rallied this week as the tensions
between North and South Korea intensifies and the uncertainty
that the Eurozone bailout plans will help.
5/21/10 Silver futures prices came down with the rest of the
commodity markets this week as the European problems stemming
from Greece and the other PIIGS are expected to hurt demand for
many commodities. Investors seem to be choosing cash over stocks
and commodities for now.
5/14/10 Silver futures prices rallied this week to a 22 month
high as investors flee to safe haven assets such as gold and
silver in fear that the European Union bail out plan may fail.
This rally is occurring in spite of the strengthening US Dollar.
5/7/10 Silver futures prices came down with many other commodity
markets this week as the problems in Greece are pushing
investors to decrease their risk appetites. The flow of asset is
moving towards gold, US Dollars and US Treasuries as a safe
haven.
4/25/10 Silver futures prices rallied this week along with gold
as the idea that many economies around the globe including the
United States are showing signs of growth. This may lead to
inflation in this low interest rate environment.
4/16/10 Silver futures prices sold off towards the end of the
week as the news of the SEC accusing Goldman Sachs with fraud
concerning subprime investments pressured many stock and
commodity markets. Silver option premiums are high.
4/9/10 Silver futures prices rallied this week as the idea that
many economies around the world are improving and demand for
physical commodities may increase. The recent FOMC minutes
showed that rates will probably stay low for a while longer.
3/27/10 Silver futures prices traded sideways this week as the
US Dollar rallied again and commodities in general were weak.
The idea that the rising dollar may quell inflation is a bearish
influence on the silver market.
2/26/10 Silver futures prices traded mostly sideways this week
as strength in the US Dollar is keeping a lid on precious metal
prices. The recent Fed comments hinting the interest rates will
stay low for a while in spite of the recent increase in the
discount rate may keep support levels for silver near the $16
level. Silver option premiums are high.
2/12/10 Silver futures prices rallied some this week as the idea
that Europe will help Greece with its financial problems
weakened the US Dollar lending strength to most of the commodity
markets. Also helping prices is the strong growth numbers still
coming out of China.
2/5/10 Silver futures prices collapsed to a 5 month low along
with most of the other commodity markets as the recent strength
in the US Dollar is expected to hurt demand for commodities. The
recent monetary tightening attempts by China also have people
worried that the global economic recovery will slow or stall.
1/30/10 Silver futures prices fell again this week as the
strength in the US Dollar continues to pressure the precious
metals markets. The idea that Obama will restrict how much banks
can invest and trade their assets has many believing that
investment demand for commodities will diminish.
1/22/10 Silver futures prices fell this week along with most of
the other commodity markets as the US Dollar continued to
strengthen and the idea that China is trying to restrain its
economy by raising rates and increasing the amount of capital
reserves its banks must keep will diminish demand.
1/15/10 Silver futures prices stabilized this week as fresh
money is still flowing into the precious metals sector as a US
Dollar and inflationary hedge. Silver option premiums are
high.
1/8/10 Silver futures prices rallied again this week in spite of
the recent strength in the US Dollar as money comes back into
the commodity markets for the new year. The weak unemployment
report today makes it look like the Federal Reserve Bank will
not be pushed to raise interest rates anytime soon.
1/1/10 Silver futures prices rallied almost $9 an ounce this
year as low global interest rates, a weak US Dollar and fears of
inflation drove many speculators toward the precious metals
markets this year. Silver's double duty as an industrial
metal and a precious metal makes it attractive to many
investors. Silver options premiums are high.
12/11/09 Silver futures prices sold off this week by about $1.50
and ounce as the US Dollar continues to strengthen. The strong
US Dollar is weakening many commodities and especially the metal
sector commodities.
12/4/09 Silver futures prices rallied to a 16 month high this
week until the upbeat jobs report caused the US Dollar to rise
dramatically.
11/28/09 Silver futures prices rallied this week to a 16 month
high as investors run to protect themselves from a weakening US
Dollar and inflation. The news that Dubai might default on its
sovereign debt spooked the stock and commodity markets on Friday
and sent silver prices down nearly a dollar an ounce but it
bounced back before the close. Silver option premiums are high.
11/20/09 Silver futures prices rallied this week as investors
look for areas to be protected from the devaluing US Dollar and
inflation concerns arising from interest rates staying too low
for too long. The idea that many central banks are buying
physical assets to limit their exposure to US Dollars and US
treasuries also has investors looking for a safe haven.
11/13/09 Silver futures prices rallied along with gold this week
as the US Dollar is still weakening and the Federal Reserve Bank
seems content to keep interest rates low in spite of the
possibility of rampant commodity price inflation in 2010.
11/6/09 Silver futures prices rallied this week along with gold
after the Reserve Bank of India bought 200 tons of gold from the
IMF for $6.7 billion dollars. The silver market is also being
helped by the continued weakness in the US Dollar.
10/24/09 Silver futures prices sold off after the recent run up
as the US Dollar bounced some. Investor demand is still strong
as the perception of the strengthening global economic recovery
may lead to inflation.
10/12/09 Silver futures prices are rallying as the US Dollar
weakens near 12 month lows as rumors persist that countries will
move away from the US Dollar as a reserve currency. Also helping
prices are the improving economic reports from around the globe
and fears of inflation.
9/25/09 Silver futures prices fell this week along with gold as
the US Dollar rallied off of its yearly low and the FOMC meeting
ended up with no changes to interest rates any time soon.
9/18/09 Silver futures prices are still above the $17 an ounce
level this week as the weakening US Dollar and ideas that the
global economy is improving may lead to inflation has investors
running to precious metals as a hedge.
9/11/09 Silver futures prices hit the $17 level this week as
renewed fears of inflation and the US Dollar hitting its lowest
low of the year versus the Eurocurrency pushed prices higher.
Silver option premiums are high.
9/4/09 Silver futures prices are near a 12 month high as the
perception of a potential sell off in stocks may be pushing
investors into the precious metal markets as a hedge against
equity risk. Silver option premiums are high.
8/21/09 Silver futures prices are trading sideways this week
around $14 an ounce level. There is no new bullish or bearish
news to push the silver market in one direction or the other.
Silver option premiums are high.
8/7/09 Silver futures prices are running as the US Dollar begins
to fall near its lows and the perception of an improving global
economy may trigger inflation. Silver option premiums are high.
7/31/09 Silver futures prices are near weekly lows in spite of
the recent strong economic reports and the weakening US Dollar.
Silver option premiums are high.
7/20/09 Silver futures prices are running along with many other
commodities as the weakening US Dollar and improving economic
news may be helping prices. In the bear camp, low investment
demand, slow manufacturing of electronic products, estimates
that Indian demand for precious metals may fall by 25% seems to
be getting ignored for now. Silver option premiums are high.
7/10/09 Silver futures prices sold off again as the Indian
government doubled its import taxes on gold and silver. Recent
economic reports point to stable interest rates for a while to
come. Silver option premiums are high.
7/4/09 Silver futures prices sold off this week as inflation
pressure is not showing up in many of the recent economic
reports and the US Dollar continues to hold strong. Silver
option premiums are high.
6/21/09 Silver futures prices are trading sideways in spite of
The World Bank's estimate that China's GDP would increase form
6.5 to 7.2% in 2009. Silver option premiums are high.
6/5/09 Silver futures prices are finding traction as the
inflation play seems to be on many traders' minds as the US
Dollar weakens. Silver option premiums are high.
5/30/09 Silver futures prices are rallying again to the highest
close in 9 months as the US Dollar is in free fall versus other
major currencies and inflation may arrive by the end of the
year. Silver option premiums are high.
5/22/09 Silver futures prices are running up along with gold as
more bad economic news sends investors toward assets considered
more reliable such as precious metals. Silver option premiums
are high.
5/15/09 Silver futures prices are still up as the weakening US
Dollar and some positive economic reports are making a recovery
look possible sometime this year for the US economy. Silver
option premiums are high.
5/8/09 Silver futures prices are rallying this week and are
currently outpacing gold. Inflationary fears are pushing many
investors towards physical assets such as metals and other
commodities. Silver option premiums are high.
4/30/09 Silver futures prices are consolidating sideways along
with gold as uncertainty is ruling the market direction
currently. Silver option premiums are high.
4/23/09 Silver futures prices are following gold in a sideways
consolidation between $12 and $13 an ounce. The run in the stock
markets and the strengthening of the US Dollar is limiting any
rally attempts. Silver option premiums are high.
4/10/09 Silver futures prices are coming down with gold. The
gold to silver ration is at 72 and for hundreds of years if had
been around 15 ounces to equal the value of one ounce of gold.
This makes sense when you realize that their is about 15 times
more silver in the earth's crust than gold. Silver may be ready
to run soon. Silver option premiums are high.
3/27/09 Silver futures prices are selling off as investors go
back into the stock market after the recent 10 day rally. Silver
option premiums are high.
3/20/09 Silver futures prices rallied $1.50 this week as
inflation may soon replace the deflationary cycle that is the
worst since the Great Depression that we are currently in. The
move by the Fed to print a trillion dollars and use them to
purchase treasuries has significantly weakened the US Dollar.
Silver option premiums are high.
3/13/09 Silver futures prices are selling off with gold as the
stock markets rally for three days in a row for the first time
since November. Silver option premiums are high.
3/7/09 Silver futures prices are holding their value this week
as the stock market continues to sell off and investors run
towards precious metals to hedge some of their risk. Silver
option premiums are high.
2/27/09 Silver futures prices sold off this week along with gold
after breaking through the $14.50 level. The rally in the stock
market pressured the precious metals as a safe haven investment.
Silver option premiums are high.
2/13/09 Silver futures prices are holding onto the recent gains
riding on the coat tails of gold's recent run to 6 month highs.
Silver is also considered an inflation hedge by investors and
ETF buying is helping consumer the limited supply of silver.
Silver option premiums are high.
2/6/09 Silver futures prices recently made a 4 month high as low
global interest rates, slow economic growth, and weakening
currencies around the globe are pushing investors to the
perceived safe haven that precious metals embody. Inflation may
be around the corner and precious metals are an inflationary
hedge. Silver option premiums are high.
1/30/09 Silver futures prices seem to be in the nascent stages
of a bull market. Investors are pouring into the precious metals
markets in an attempt to protect themselves from their devaluing
currency values and the potential for an inflationary cycle
coming soon. Silver option premiums are high.
1/16/09 Silver futures prices were volatile this week as
currencies were in flux based on rate cutes and poor economic
reports in many parts of the world. Silver prices have been
following gold recently. Silver option premiums are high.
1/10/09 Silver futures prices followed gold this week down as
the US Dollar found strength and crude oil sold off. Silver
option premiums are high.
12/27/08 Silver futures prices rallied along with gold as the
flight to safety continues in the face of worsening economic
news, the falling US Dollar and lower interest rates. Silver
option premiums are high.
12/19/08 Silver futures prices rallied along with the rest of
the metals market as the US Dollar gave back 60% of its recent
gains. Silver prices are up to a 2 month high. Silver option
premiums are high.
12/12/08 Silver futures prices rallied along with the rest of
the commodity markets as the US Dollar fell sharply from its
highs and the largest silver mine in the world in Fresnillo,
Mexico had a strike on their hands for higher wages. Silver
option premiums are high.
12/05/08 Silver futures prices sold off this week with gold and
the rest of the commodity sector. Silver option premiums are
high.
11/30/08 Silver futures prices rallied this week as the US
Dollar sold off and a potential inflationary period may come
shortly. Silver option premiums are high.
11/21/08 Silver future prices are still coming down as the US
Dollar is rallying and commodities in general are coming down.
Silver option premiums are high.
11/7/08 Silver futures prices are coming down with gold in spite
of the coordinated effort of the ECB, BOE, Federal Reserve Bank,
Switzerland and Australia's central banks all cutting interest
rates. Silver option premiums are high.
11/1/08 Silver futures prices are still coming down in spite of
banks hoarding gold and silver to restore investor confidence.
This is making it hard for spot traders to lease silver for
collateral. Silver option premiums are high.
10/24/08 Silver futures prices are still coming down as massive
deleveraging continues to pressure the stock and commodity
markets. Silver prices are falling partly because of the massive rally
in the US Dollar to 3 year highs. The run in the US Dollar is
being helped by the large repatriation of dollars back into the
US from other countries. Silver option premiums are high.
10/10/08 Silver futures prices are coming down with the rest of
the commodity sector. Silver seems to have lost its status as a
precious metal as gold has been rallying and silver declining
with the other industrial metals. Silver is being hurt by the
strong US Dollar and the perception that a global recession is
coming. Silver option premiums are high.
10/6/08 Silver futures prices have found some strength as a safe
haven but the fears of a global recession and the strong US
Dollar are limiting the upside. Silver option premiums are high.
9/26/08 Silver futures prices have been following gold up as
investors consider precious metals a safe haven in times of
economic turmoil. Silver has the added value of being used in
many industries but the soft economic environment is hurting
industrial metals. Silver option premiums are high.
9/19/08 Silver futures prices soared as investors ran to
precious metals as a safe haven in the current financial storm.
Silver option premiums are high.
9/12/08 Silver futures prices sold off for most of the week as
the US Dollar is rallying in a huge way. Silver option premiums
are high.
9/5/08 Silver futures prices crashed along with gold as the US
Dollar is still rallying to multi month high. Silver option
premiums are high.
8/29/08 Silver futures prices are trying to rally this week
based on the strength in crude oil and the dip in the value of
the US Dollar. Silver option premiums are high.
8/22/08 Silver futures prices bounced this week based on the
correction in the US Dollar. Slow economic news may keep rates
low and weak overseas economic data may help silver prices stop
crashing. Silver option premiums are high.
8/1508 Silver futures prices sold off this week based on the
extreme strength in the US Dollar because of the weakness of non
US economies. The Russian invasion of Georgia is causing capital
from Europe to come to the US. Silver option premiums are high.
8/8/08 Silver futures prices sold off this week based on the
Federal Reserve Bank leaving rates unchanged which sent the US
Dollar zooming higher. Silver futures are at a 6 month low.
Silver option premiums are high.
7/25/08 Silver futures prices sold off with the gold market this
week as the Fed talked the markets down with rhetoric of
inflation necessitating the raising of interest rates by the
Federal Reserve Bank soon. Silver option premiums are high.
7/18/08 Silver futures prices sold off from 4 month highs in the
wake of the broad based commodity market sell off. Strength in
silver may come from the Federal Reserve Bank's soft monetary
policy and the potential national strike in South Africa by
miners. Silver option premiums are high.
7/11/08 Silver futures prices followed gold higher this week
based on the weakening US Dollar and the potential conflict with
Iran and Israel. Silver option premiums are high.
7/4/08 Silver futures prices rallied this week based on
investors looking for an inflationary hedge as tensions between
Israel and Iran come to a boiling point. The weak US Dollar at
the beginning of the week also helped prices. Silver option
premiums are high.
6/27/08 Silver futures prices rallied this week because the
Federal Reserve Bank did not change interest rates which caused
the US Dollar to drop sharply. Silver option premiums are high.
6/20/08 Silver futures prices rallied this
week because of the weakness in the US Dollar. Silver option
premiums are high.
6/13/08 Silver futures prices are having
problems holding a rally because of the strength in the US
Dollar. Inflation hedgers and US Dollar bears are having
problems because of the US currency. Silver option premiums are
high.
6/6/08 Silver futures prices rallied this
week based on the weak US Dollar. The US Dollar began to sink
when the EU began speaking about raising interest rates to
battle inflation. Silver option premiums are high.
5/30/08 Silver future prices sold off this
week as the US Dollar strengthened. Talk that the Federal
Reserve Bank may stop cutting rates is strengthening the US
Dollar and punishing the metals. Silver option premiums are
high.
5/23/08 Silver futures prices have bounced
back this week as the US Dollar has begun to weaken again.
Silver futures prices rallied around 70 cents this week and was
helped higher by that crude oil futures price spike to record
territory. Silver option premiums are high.
5/15/08 Silver futures prices have bounced
back this week as the US Dollar lost some of its strength.
Silver option premiums are high.
5/9/08 Silver futures prices rallied this
week based on the resumed weakness in the US Dollar and the
strength of gold and copper. Silver option premiums are high.
5/1/08 Silver futures prices followed gold
down this week based on the surprising strength in the US Dollar
and the potential end of US rate cuts coming soon. Silver option
premiums are high.
4/25/08 Silver futures prices sold off this
week in sympathy with gold and because of the rally in the US
Dollar. The metals markets have a very close inverse
relationship with the US Dollar and are the commodity mostly
affected by its movements. Silver option premiums are high.
4/18/08 Silver futures prices are trading in
a $1 range between $17.50 and 18.50 an ounce recently. The bad
US reports helped push silver futures prices higher but the
rally in the dollar crushed the rally. Silver option premiums
are high.
4/11/08 Silver futures prices broke through
$18 this week based on industrial demand and the weak US
employment figures. Silver has been outperforming gold on its
rallies probably because it has many industrial uses as well as
being considered a precious metal. Silver option premiums are
high.
4/4/08 Silver futures prices bounced of of
the $17 area this week but are still $4 from its recent highs.
Silver futures prices were pressured this week by the surge in
the US Dollar and end of quarter liquidation by hedge funds and
commodity trading funds. Silver option premiums are high.
3/28/08 Silver futures prices traded within
a wild range this week. The markets are still uncertain and the
bounce in the US Dollar pressured prices. Silver option premiums
are high.
3/21/08 Silver futures prices kept falling
this week as Wall Street hedge funds and commodity funds
liquidated futures positions to cover margin calls in stocks and
to pay back borrowed money. The Bear Stearns issue took the
confidence from investors. The Fed's 75 basis point cut
surprised investors because a full 100 basis point cut was
expected. Silver option premiums are high.
3/14/08 Silver futures prices have been
consolidating sideways since the record highs earlier in the
week. The collapse of the US Dollar and the perception that the
Federal Reserve Bank will cut rates again is helping prices
higher. The industrial demand use from China and India are also
taking a bite out of supplies. Silver option premiums are high.
3/7/08 Silver futures prices rallied over
$21/oz. this week only to collapse $1. The FOMC meeting is
expected to result in at least a 50 basis point interest rate
cut which will most likely weaken the US Dollar further and help
the precious metal prices. The power shortages in South African
mining sites and the increase of 174 million ounces held by one
of the major silver ETFs may also help prices. Silver option
premiums are high.
2/29/08 Silver futures prices rallied to
contract highs this week based on the Fed lowering rates at the
next FOMC meeting a probable 50 basis points. The US Dollar
collapsed this week and inflationary fears also helped the
silver futures rally to a 27 year high. Rumors on the floor said
that speculators were selling out of gold and into silver
because of its industrial value. This might explain why silver
futures are outrunning gold currently.
2/22/08 Silver futures prices followed crude
oil higher to contract highs. The stronger than expected CPI
number also had speculators running to the inflationary hedge of
silver. Silver futures prices also being buoyed by massive ETF
investing. Silver futures prices blasted through $18/ ounce this
week. Silver option premiums are high.
2/15/08 Silver futures prices are showing
strength in the face of falling gold prices. Silver futures
prices pushed through $17.40 this week based on industrial
demand and the weaker US Dollar. The federal reserve bank will
most likely cut rates again which may further weaken the US
Dollar and lift silver prices. Many analysts are beginning to
believe that there will be no recession and if the economy is
better that may support more industrial uses and higher silver
futures prices. Silver option premiums are high.
2/8/08 Silver futures prices broke through
the $17 area this week based on huge fund and spec buying.
Silver futures prices ran up this week in spite of the rising
value of the US dollar. Much of this money may be from the
ailing stock and real estate markets. Many analysts believe that
silver production will be lower this year. Silver option
premiums are high.
2/1/08 Silver futures prices followed gold prices lower this
week on speculative fund selling through the $17.00 area.
Silver mining has not kept up with demand, the
weakening US Dollar may push silver futures
prices higher.
-T & K Futures and Options Inc. |
