IBTimes.com : Silver Topic

F1 Monaco GP 2012: Starting Time, Where to Watch Live Stream, Complete Weather Update, Qualifying Recap and Revised Grid Positions

Sun, 27 May 2012 04:38:30 EDT

Ferrari driver Felipe Massa and Mercedes' Michael Schumacher will look to answer critics with a strong race, while McLaren's Lewis Hamilton and Jenson Button will join Red Bull's Sebastian Vettel in announcing themselves as strong contenders for the 2012 Formula One World Drivers' Championship.

U.S. data, Europe woes to set tone

Fri, 25 May 2012 16:28:03 EDT

Investors will grapple next week with major U.S. economic reports and the looming possibility of a Greek exit from the euro zone, which is likely to keep dragging on equities for weeks to come.

Gold Rises on Firmer Euro, but Set for Weekly Fall

Fri, 25 May 2012 10:09:04 EDT

Gold prices rose back above $1,560 an ounce in Europe on Friday, snapping four sessions of losses, as the euro recovered from two-year lows against the dollar, though worries over the outlook for the euro zone kept investors on edge.

Morning Silver Market Report

Fri, 25 May 2012 09:18:53 EDT

The silver market was showing marginal gains early this morning but US stocks were showing signs of giving up their initial gains and the news flow from Europe wasn't particularly beneficial to the bull camp in silver.

Blatter Calls For Penalty Change: Five Alternatives To The Current System

Fri, 25 May 2012 08:15:14 EDT

Sepp Blatter has called on the Football Task Force 2014 to look at the possibility of changing the system of penalty shootouts to decide finals and knock-out games, with the head of FIFA calling the current situation a 'tragedy' and saying it takes the essence out of football.

Crude Oil, Gold May Rise as Risk-Linked Assets Correct Higher

Fri, 25 May 2012 07:53:44 EDT

European shares are on the upswing and S&P 500 stock index futures are pointing higher, hinting risky assets are likely to remain supported as Wall Street comes online. This makes for a supportive environment for growth-geared crude oil and copper prices, where correlations with stock benchmarks remain significant.

After Greece Exits The Euro, What's Next? An Illustrated Guide To 5 Possible Scenarios

Fri, 25 May 2012 05:52:02 EDT

Moving swiftly from the realm of tin foil-hat conspiracy to a bullet point being openly talked about as a fait accompli by international financiers, an exit by Greece from the European common currency dominated conversation this week. But what would actually happen if Greece left the euro?.

London Olympics 2012: Ennis' Coach Dismisses UKA Fat Jibe

Fri, 25 May 2012 05:02:04 EDT

Jessica Ennis, the London 2012 Olympics poster girl, has been labelled fat by officials from UK Athletics, according to her coach Tony Minichiello.

Asia Market Preview Gold, SIlver and Oil Prices

Thu, 24 May 2012 15:49:17 EDT

US Gold futures prices finished pit trade a bit higher, but off the early session highs Thursday. Gold, Silver and Crude Oil Trading. US Gold futures prices finished pit trade a bit higher, but off the early session highs Thursday. A strengthening USD index prompted the precious Yellow metal to back off its daily high. Jun Gold last traded + 5.00 at 1,553.00 oz.

The Nemenoff Report Bonds Lower, S&P's higher, Silver Higher

Thu, 24 May 2012 10:41:44 EDT

June Bonds are currently 25 lower at 147'16 and the 10 Yr. Notes 10 lower at 133'15. Yesterday's and today's modest recovery in equities has taken some of the fear premium out of the interest rate markets. Consider going long out of the money puts and/or put spreads for Sept. expiration in either the Bonds or 10 Yr. Notes.

Oil in short covering rally

Thu, 24 May 2012 10:19:50 EDT

Neither the European meeting nor the Iran/West meeting made much progress yesterday. On the macroeconomic front the preliminary PMI data out of China came in a tad below expectations and solidly below the expansion threshold of 50. The preliminary reading for the purchasing managers index was 48.7 versus the final April number of 49.3.

Morning Copper Market Report

Thu, 24 May 2012 10:11:39 EDT

Copper prices are posting gains this morning in spite of a 7th straight month of contraction in a private survey of Chinese manufacturing. Some traders feel that a portion of the negative Chinese demand fears may have been offset by favorable private Chinese copper demand predictions, or perhaps the...

Morning Silver Market Report

Thu, 24 May 2012 10:08:33 EDT

Like gold, silver seems to have latched onto a fresh bullish theme as prices this morning are rising in the face of soft global economic data and adverse currency market action. Therefore, it is possible that silver is embracing fresh easing hopes, especially after seeing yet another Chinese stimulus effort overnight that was focused on low income rental housing construction.

Commodities Rise Despite Dismal Chinese, Eurozone PMIs - Why?

Thu, 24 May 2012 09:58:22 EDT

Risk appetite trends appear to be shrugging off softer Chinese and Eurozone PMI figures, with European shares on the upswing and growth-geared crude oil and copper prices following suit. Meanwhile, waning haven demand is pressuring the US Dollar, allowing an upside correction for anti-fiat gold and silver prices.

Gold Hovers Near $1,560/oz; Greece Woes Feed Caution

Thu, 24 May 2012 08:24:32 EDT

Gold hovered near $1,560 an ounce on Thursday, remaining on shaky ground as worries about Greece and the euro zone continued to dominate market sentiment after a European Union summit yielded few practical steps to manage the debt crisis.

First Reference of Bethlehem Outside Bible Found on a Clay Seal in Jerusalem

Thu, 24 May 2012 06:34:20 EDT

A clay seal found during an excavation in Jerusalem is said to be the first and only object to have the mention of Bethlehem outside Bible. Bethlehem is cited as the birth place of Jesus Christ in the Bible.

Pistol-Sword Belonging to Lord Nelson’s Intimate Friend Up for Auction

Thu, 24 May 2012 04:27:09 EDT

Weapon bearing Birmingham hallmarks made by H W Mortimer, London, in the late 18th Century.

Asia Preview Gold, Silver, Copper and Crude Oil Trade

Wed, 23 May 2012 18:47:30 EDT

Asia looks at Gold, Silver, Copper and Crude Oil Trade. US Gold futures prices finished pit trade sharply lower on Wednesday as the Bulls faded after showing a bit of strength late last week. Precious metals, like other raw commodity markets, were pressured by risk-aversion in the market Wednesday, including Bearish outside markets a sharply higher USD Index and sharply lower Crude Oil prices.

Commodities Battered On Global Sell-Off, Strong Dollar

Wed, 23 May 2012 12:23:43 EDT

Agricultural commodities, and in particular so-called "softs" like sugar and coffee, fell hard Wednesday as investors, eyeing the euro zone crisis, priced in the potential fallout on consumption of U.S. farm exports.

The Nemenoff Report Bonds Higher, S&P's Lower, Silver Lower

Wed, 23 May 2012 10:44:29 EDT

June Bonds are currently 1'00 higher at 147'25 and the 10 Yr. Notes 10 higher at 133'20. Another "flight to safety" in the wake of further speculation that Greece could leave the Euro. With yields almost at historic lows I just can't trade these instruments from the long side. I expect at some point the yield on the 30 Yr. will rise above 3.

Jedward Twins v Russian Grannies Buranovskiye Babushki in Eurovision Song Contest Showdown [VIDEO]

Wed, 23 May 2012 09:41:06 EDT

The Irish twins have made it to their second Eurovision final with their pop track Waterline

Morning Silver Market Report

Wed, 23 May 2012 09:28:58 EDT

A big range down extension overnight was largely deserved as fears of global slowing are present from a number of different sources. General trade expectations seem to be moving to price in a Greek exit from the EU and many global equity markets are moving to price in additional knock on slowing because of the ongoing Euro zone turmoil.

Google Rejects Automatic Blocking of Pornography

Wed, 23 May 2012 08:44:53 EDT

Internet search giant Google has said that automatically filtering and blocking pornography would be a mistake.

Commodities Tumble Along with Stocks Before EU Leaders Summit

Wed, 23 May 2012 07:32:41 EDT

Commodities are sinking in early European hours as risk appetite evaporates ahead of today's EU leaders' summit. Traders are pondering an endgame to the latest debt crisis flare-up that may include Greece's exit from the Eurozone, an unprecedented outcome with no clear-cut benchmark for its implications for the financial markets.

Asia Preview Gold, Silver and Crude Oil Trading

Wed, 23 May 2012 03:30:28 EDT

US Gold futures prices finished pit trade moderately lower Tuesday, pressured by Bearish outside markets that included a firmer USD index and lower Crude Oil prices. The Gold market is also seeing some consolidation on the charts after recent gains. But, the Gold market Bulls must step up and show fresh power very soon to keep the modest near-term technical momentum mate late last week.

Gold & Silver Long-Term Signal

Wed, 23 May 2012 03:26:38 EDT

Long time readers know that I have been and remain bullish on gold and gold stocks in the longer-term. However, the reasons why I believe gold and silver will perform well in the longer-term are a bit different than what many economists and pundits are expecting.

Ugg Australia Release Bridal Line, But Would Brides Walk Down the Aisle in Boots? [PHOTO]

Wed, 23 May 2012 00:30:48 EDT

It seems like Ugg Australia is attempting to be the next Jimmy Choo or Stuart Weitzman when it comes to bridal shoes. But would any bride really consider walking down the aisle wearing a pair of Ugg boots?.

Google Doodle Celebrates Robert Moog's 78th Birthday with Musical Tribute

Wed, 23 May 2012 00:07:46 EDT

Google's new doodle celebrates Robert Moog's 78th birthday with working Moog Synthesizer.

LTN looks at Big Cap Gold and Silver Miners

Tue, 22 May 2012 15:44:59 EDT

Below are valuations for the Big Cap Gold and Silver Miners stocks, as follows; Barrick Gold Corporation (NYSE:ABX); Goldcorp Inc. (NYSE:GG); Newmont Mining Corp. (NYSE:NEM); AngloGold Ashanti Ltd. (NYSE:AU); Kinross Gold Corporation (NYSE:KGC); Agnico-Eagle Mines Ltd. (NYSE:AEM); Gold Fields Ltd. (NYSE:GFI); Yamana Gold, Inc. (NYSE:AUY); IAMGOLD Corp. (NYSE: IAG); Harmony Gold Mining Co. Ltd.

The Nemenoff Report Bonds Lower, S&P's higher, Silver Lower

Tue, 22 May 2012 10:58:10 EDT

June Bonds are currently 28 lower at 147'01 and the 10 Yr. Note 11 lower at 133'09. Technically these market appear to be forming a top, especially the 5 Yr. Note. Yields are about 2.85% on the 30 Yr. and 1.76% on the 10 Yr. Note. Consider out of the money puts and/or put spreads for Sept. expiration on either the Bonds or 10 Yr. Note.

Morning Silver Market Report

Tue, 22 May 2012 09:32:32 EDT

Like gold, the silver market isn't benefiting from a series of easing hints from widely diverse geographical areas. While the markets apparently need to see proof of an actual shift from austerity policies to growth policies in Europe, there are some players who think that the issue of a possible Greek exit is simply serving to trump the potential benefit of a shift toward growth policies.

Mysterious Ancient Gold & Silver Jewellery Hidden In Iron Age Vessel Discovered in Israel

Tue, 22 May 2012 06:38:28 EDT

A treasure of ancient gold and silver jewelleries hidden inside an Iron Age clay vessel has been discovered at Tel Megiddo, a rich archaeological site in the Jezreel Valley in northern Israel.

Cannes Film Festival 2012: Diane Kruger, Cheryl Cole and Jane Fonda Reveal Novelty in Fashion

Tue, 22 May 2012 05:33:04 EDT

Some of the celebs highlight their pink lips while some others opt for flashy bags and accessorise heavily.

Cannes 2012 Red Carpet Day Six: Kelly Brook A Knockout In Silver

Mon, 21 May 2012 15:27:59 EDT

Kelly Brook, who is starring in "Keith Lemon: The Film," was a knockout in silver on day six of the 2012 Cannes Film Festival. The 32-year-old pin-up wowed the crowd and even garnered an indecent proposal from a very wealthy and very eager male suitor during her jaunt in the French Riviera.

Precious Metals Market Comments

Mon, 21 May 2012 15:09:39 EDT

Gold Settles $3.20 Lower ... ($1588.70). Today's June Gold futures traded a very subdued $14.50 range. The day session was unable to breach the technical / psychological $1600.00 level and alternated between positive and negative territory most of the session. The possibility of Quantitative ea...

Kristen Wiig Leaving SNL: Are Andy Samberg & Jason Sudeikis Next To Go?

Mon, 21 May 2012 12:39:04 EDT

Kristen Wiig is leaving SNL, and the rumor is that Andy Samberg and Jason Sudeikis could be next to go

Morning Silver Market Report

Mon, 21 May 2012 11:17:26 EDT

Unlike gold, July silver was unable to claw out a fresh new high for the move overnight. In fact, July silver has started out with noted weakness, which is somewhat surprising considering that platinum and copper pricing overnight showed noted gains.

Crude Oil, Gold Aim Higher as Risky Assets Mount Relief Rally

Mon, 21 May 2012 11:13:04 EDT

Commodity prices are on the upswing to start the trading week as risk sentiment mounts a cautious recovery after three consecutive weeks of aggressive selling. In the absence of top-tier economic data or significant Eurozone-linked news flow, the catalyst appears to have come by way of supportive ov...

Billboard Music Awards 2012 Best Dressed: Carrie Underwood, Carly Rae Jepsen And More [PHOTOS]

Mon, 21 May 2012 08:55:06 EDT

The 2012 Billboard Music Awards brought the biggest music stars of today to Sin City for a night of exciting performances and tributes. Carly Rae Jepsen, Carrie Underwood, Miley Cyrus, Justin Bieber, LMFAO, Brandy, Katy Perry, Taylor Swift and more hit the red carpet (though its color was white) before the big event to flaunt their best.

What is Money? A study on money

Mon, 21 May 2012 05:20:08 EDT

When we discuss money, we discuss what people get for their work. Money is more than a medium of exchange, it is a transferrable unit of work. That is my addition here to that definition. Now, in physics work might be called something a machine does, or what energy can do etc. Gold for instance is directly tied to oil prices because in principle, the work oil energy can do.

Financial Markets Stabilize but Downsides Remain

Mon, 21 May 2012 04:15:36 EDT

Financial markets stabilized in Asian session on Monday after the G-8 meeting. However, the actual macroeconomic outlook and the situation in the Eurozone sovereign debt crisis have not changed much from previous week. Therefore, it is reasonable to anticipate more downsides after the recovery.

EU Morning Report- Euro rebounds but still under pressure

Mon, 21 May 2012 03:56:02 EDT

The euro (EUR) edged higher to 1.2812 rebounding from a four-month low at 1.2641 against the US dollar. The single currency tumbled on Friday on concerns over Greece’s political uncertainty as well as growing instability in the Spanish banking sector. European leaders of G8 met during the weeken.

Alibaba in talks to raise $2.3 billion equity for Yahoo deal-sources

Mon, 21 May 2012 02:28:02 EDT

Chinese Internet firm Alibaba Group is in talks with existing shareholders, including Singapore state investor Temasek Holdings , to raise about 1.45 billion british pounds ($2.3 billion) in equity to partly finance its deal with Yahoo Inc. , two sources said.

Allison Baden-Clay: A Look Back into the Month of Her Disappearance, Death and Troubled Marriage

Mon, 21 May 2012 00:56:09 EDT

Three weeks since her body was discovered dead in a creek, the suspect(s) behind the killing of Queenslander Allison Baden-Clay has not been arrested. Reports of her husband’s affair have surfaced amid police investigations.

IMF Warns Greece's Euro Exit Would be "Quite Messy" and "Extremely Expensive"

Sun, 20 May 2012 19:57:17 EDT

Head of the International Monetary Fund, Christine Lagarde, has warned that the consequences of Greece exiting the euro would be "extremely expensive and hard, and not just for Greece."

Cannes 2012 Red Carpet Day Three: Petra Nemcova Cozies Up To Sean Penn, And More [PHOTOS]

Sat, 19 May 2012 11:23:23 EDT

Cannes continues to garner bigger and bigger celebrities with each passing day. On day three of the 2012 Cannes Film Festival, stars like Sean Penn, Naomi Watts, Salma Hayek and designer Giorgio Armani made their debuts in the French Riviera. The red carpet was not only glamorous, it was steamy, with celebrity couples - both rumored and official - cozying up for the photogs.

Queen Elizabeth Diamond Jubilee: Armed Forces Pay Tribute with Stunning Show at Windsor [PHOTOS]

Sat, 19 May 2012 09:17:38 EDT

The Queen and The Duke of Edinburgh attended the Armed Forces Parade and Muster at Windsor, which was held in honour of the 60th anniversary of the Queen's reign

Drogba Dismisses Barcelona Claims, Talks Up CL Final with Bayern

Sat, 19 May 2012 06:25:26 EDT

Ivorian Striker Didier Drogba has denied all rumours of him making a move to Spanish club Barcelona. However, he did not comment on his future with Chelsea this summer.

Will Precious Metal Premiums One Day Trump the Spot Price?

Fri, 18 May 2012 16:57:54 EDT

One of the curious characteristics of the retail precious metals market is the premium that retail investors need to pay in order to purchase silver or gold bullion coins for investment purposes.

Stocks Slump On European Risk, Tepid Facebook IPO: Daily Markets Wrap

Fri, 18 May 2012 16:15:10 EDT

World stock markets fell Friday, slammed by ratings cuts for Greece and five of its banks, which were announced ahead of a crucial Group of 8 summit this weekend. While Facebook's much-anticipated initial public offering provided a temporary distraction for traders, its first-day performance concluded with more of a whimper than a bang.