June 20th, 2012

Silver futures bounced back into positive territory while gold pared earlier losses Wednesday as investors continued to sift through the Federal Reserve’s policy statement.

Silver futures for July delivery, the most active contract, settled up 2.1 cents, or 0.1%, at $28.389 a troy ounce in after-market trading on the Comex division of the New York Mercantile Exchange.

Gold futures for August delivery, the most active contract, settled down $7.40, or 0.5%, at $1,615.80 a troy ounce.

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June 5th, 2012

Gold futures rose in New York for the second time in three sessions on speculation that the world’s policy makers will take measures to stimulate economic growth, reviving demand for the metal as an inflation hedge.

The finance ministers and central bank governors from the Group of Seven nations plan to hold telephone discussions today before a summit of leaders from the Group of 20 in Los Cabos, Mexico. The Federal Reserve purchased $2.3 trillion of debt in two rounds of so-called quantitative easing from December 2008 to June 2011 to boost the economy, helping gold surge to a record $1.923.70 an ounce in September.

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May 30th, 2012

Silver Futures – It has been a tough month for both silver prices and silver stocks. The Global X Silver Miners ETF (SIL) has fallen nearly 16 percent in the last month. Despite the recent drops analysts are still optimistic about silver’s future. “A greater amount of confidence in the global economy generally means higher growth and that means more silver demand. If you look out beyond the end of the year, you can still see reasons to be bullish,” David Jollie, an analyst at Mitsui & Co. Precious Metals Inc. said to Bloomberg News. Five Star Equities examines the outlook for companies in the Silver Industry and provides equity research on iShares Silver Trust ETF (nyse arca:SLV) and First Majestic Silver Corp. AG -0.18% .

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