Gold and silver had a slow downward trend during most of the week only to bounce back on Friday following the release of the U.S non-farm payroll report. Gold ended the month modestly rising, while silver slipped. In the forex…
According to the recent Bureau of Labor Statistics monthly report, total U.S. employment augmented by a higher than anticipated pace: According to the ADP report, private non-farm payroll grew by 220k during April: In the recent U.S. employment report, which…
The gold and silver market cooled down along with the rest of the financial markets as precious metals didn’t do much on a monthly scale. Even the recent FOMC meeting, in which the Fed decided to taper again QE3 by…
One of main changes Silver Wheaton (NYSE: SLW) has done last year is to expand its gold operations. This move has substantially increased the share of gold out of the company’s total sales in 2013. Has the company made the…
As anticipated, the FOMC tapered again its asset purchase program, AKA QE3, from $55 billion a month to $45 billion a month. This is the fourth consecutive tapering decision, which first started back in the last FOMC meeting of 2013.…
As you can see, in the past four meetings the price of silver tumbled down the day after the FOMC released its press release. Moreover, the table also shows the negative impact the tapering decisions had on the price…