David Erfle stumbled upon the mining space in 2003 as he was looking to invest into a growing sector of the market. After researching the gains made from the 2001 bottom in the tiny gold and silver complex, he became fascinated with this niche market.
(Kitco News) - The silver market is holding initial support over $31 an ounce, and according to one major bank, the precious metal has room to move higher as momentum picks up.
(Kitco News) - It's silver's time to shine as hedge funds protect themselves against higher inflation caused by a broad-based rise in commodity prices, according to some commodity analysts, after reviewing the latest data from the Commodity Futures Trading Commission.
Silver (SILVER) remains in focus on Monday after the metal climbed to an 11-year high above the closely watched psychological $30 mark, benefiting from its safe-haven characteristics, softness in the U.S. dollar, and utility as an industrial application.
The setup in silver looks explosive and prices could rip above $30.00.
(Kitco News) - After a relatively slow start in the first quarter, silver is making its move, significantly outpacing gold as it trades at an 11-year high.
Precious metals have been very strong over the past two years, with Gold breaking out of a historic bullish pattern. Is it time for Silver to do the same?