Precious Metals

Silver has been incredibly fun to watch throughout the year. Of course, we all know that in the beginning of the year and for the first half, the price of the white metal continued skyward. However, the second half of the year hasn't been so friendly, that is, until
Precious metals finished moderately higher for the week after strong gains on Friday, as US employment data missed analyst estimates. Payrolls were reported at 151,000 additions in August, which was lower than the median forecast of 180,000. The US dollar fell on th
Silver like gold had a great run throughout the first half of the year. However, more recently we've been seeing declines in the precious metal as economic concerns ease -- and the idea of a Fed rate hike seems more reasonable. Today, more data was released that cou
Precious metals fell for the week as Fed Chairwoman Janet Yellen hinted at the Jackson Hole economic symposium on Friday that an interest rate hike might be in store for the United States later this year. The US dollar rose on the day as precious metals were mostly
The first half of the year was an incredible time for silver as the precious metal saw massive gains. However, more recently, we've seen declines. Now, the price of the precious metal seems to be sticking around the $19 per ounce mark. However, is the precious metal
The alternate scenario still has life, but we need to see some downward progress next week. Silver is closest to breaking down, and it may bring gold and miners with it. The dollar is key. If it finds a near-term bottom and begins rallying, we could get our "Buy
Silver futures fell 2.1% on Friday for a weekly loss of roughly 2%, the metal’s third consecutive weekly drop. Friday’s decline followed a move higher in the US dollar.  After showing weakness throughout the week the currency of the world’s largest economy e
Silver has been an incredibly interesting commodity to watch throughout the year, and for good reason. The value of the commodity has seen massive gains. However, today silver seems to be having a rough start to the trading session as yesterday's hawkish release fro
Despite the expectations of a rate hike by the Fed in December of 2016, silver has remained close to its highs (as shown in the chart below).  After a stellar run, the white metal is consolidating near its highs, while anticipating its next imminent breakout.
In September of last year, I made the decision to start investing in silver, and I'm glad I did. Since my initial investment in the precious metal, I've earned nearly 40% on this move. While silver has become increasingly volatile recently, I'm not selling my positi