Since the market crash in late 2008 we have seen investors favor quality stocks that pay dividends and have steady earnings. Fast growth companies and equities with physical resources like commodities have also done well. Let’s examine the monthly charts of gold, silver, oil and natural gas – and observe how they have traded in [...]

So far this week has been slow in regards to commodity etf funds. Gold continues to shine while silver refuses to make a move higher. Crude oil has a nice bull flag and we are waiting for a breakout and setup while natural gas continues to see selling pressure. ETF Trading Tip: Waiting for these [...]

by Stanley Richards

Silver is sometimes called the indispensable metal; because it is used for so many different purposes. Silver is used to make beautiful pieces of jewelry and for ornate silverware and serving pieces. Silver is also used for more practical purposes such as in electronics, batteries and in appliances.

Silver has unique chemical properties and is a catalyst that is used in many industrial processes. A catalyst is a substance that facilitates a chemical process. Heat is the world’s most common catalyst that helps many processes take place, such as cooking food and baking in ovens.

More than 700 tons of silver is used yearly in the world’s chemical industry to produce two compounds. They are ethylene oxide and formaldehyde which are both essential to the plastic industry. Ethylene oxide is the foundation for flexible plastics such as polyester, which is found in clothing. It is also used …

TORONTO, ONTARIO — (Marketwire) — 06/28/09 — Sparrowtech Resources, Inc. (”Sparrowtech”) (PINK SHEETS: SPMC) announced today that it has entered into option agreements with Converge Global, Inc. (”Converge Global”) (PINK SHEETS: CVRG) and Uranium Hunter Corporation (”Uranium Hunter”) (OTCBB: URHN) on its recently acquired Eagle Nest Mining Property (”the Property”) in La Paz County, Arizona.

Eagle Nest Mining Property

Sparrowtech acquired a 100% interest in the Eagle Nest Mining Property (Claims AMC294529 and AMC294535) from D.A.R. Mining and Mr. Marvin Roe. These property claims include a previously producing Au-Cu-Ag-Fe (Gold, Copper, Silver and Iron) mine located 10 miles off Highway 95 in La Paz County. Easy access to the mine site and a good water supply will facilitate ease of construction for expansion of the mine site.

Converge Global, Inc. Option (www.convergeglobalinc.com)

Converge Global acquired an option from Sparrowtech to purchase a 45% Earned In Interest in the

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by Christina Goldman

The Wall Street Mint Silver Bar is a beautiful .999 fine silver bar that was produced by the Wall Street Mint beginning in 2002 to commemorate the events of 9/11. These highly collectible, proof-like silver bars feature the skyline of New York City, with the twin World Trade Center Towers, as it appeared before 9/11. The Wall Street Mint Silver Bar is no longer being produced and are hard to find. They are obtainable in two sizes – 10 oz. and 100 oz.

Let’s look at the advantages to owning both sizes:

100-oz silver bars

1. Convenient way to invest a large amount of wealth in silver bullion form

2. Uniform shape makes it simple to stack and store them in a safe deposit box

3. 6.86 pound weight makes them easy to handle

4. Highly liquid as this particular size is an accepted trading unit

Coincidentally – 100 ounce silver …

Silver futures gained more than 2% Friday, heading for their biggest monthly gain in 22 years as inflation worries and hopes for an economic recovery boosted the metal. Gold rose to three-month highs as the dollar slipped.

Silver for July delivery, the most active contract, gained 33 cents, or 2.2%, to $15.49 an ounce on the Comex division of the New York Mercantile Exchange. The front-month June contract stood at $15.42 an ounce.

Meanwhile, gold for June delivery rose $13.40, or 1.4%, to $974.90 an ounce.

Silver gained 25% this month, the biggest since April 1987.

In exchange-traded fund, iShares Silver Trust ETF (SLV)  has gained 33% this year, following their 40% decline in the second half of last year.

SPDR Gold Trust (GLD) , meanwhile, has risen 9% this year. It fell 6% in the second half of last year.

In other metals Friday, July

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Written by Lara Crigger After dropping almost 60% from its March 2008 peak of $21/ounce, silver appears to be on the rebound: Silver gained 24% back in the first quarter of 2009. With a track record of strong performance during economic crises, silver seems particularly well poised to weather the current storm, especially the impending [...]div class="feedflare" a href="http://feeds2.feedburner.com/~ff/YourFinancialFuture?a=U_29xorncyc:DDw-HpK98gg:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/YourFinancialFuture?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds2.feedburner.com/~ff/YourFinancialFuture?a=U_29xorncyc:DDw-HpK98gg:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/YourFinancialFuture?i=U_29xorncyc:DDw-HpK98gg:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds2.feedburner.com/~ff/YourFinancialFuture?a=U_29xorncyc:DDw-HpK98gg:7Q72WNTAKBA"img src="http://feeds2.feedburner.com/~ff/YourFinancialFuture?d=7Q72WNTAKBA" border="0"/img/a a href="http://feeds2.feedburner.com/~ff/YourFinancialFuture?a=U_29xorncyc:DDw-HpK98gg:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/YourFinancialFuture?i=U_29xorncyc:DDw-HpK98gg:V_sGLiPBpWU" border="0"/img/a a href="http://feeds2.feedburner.com/~ff/YourFinancialFuture?a=U_29xorncyc:DDw-HpK98gg:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/YourFinancialFuture?d=qj6IDK7rITs" border="0"/img/a a href="http://feeds2.feedburner.com/~ff/YourFinancialFuture?a=U_29xorncyc:DDw-HpK98gg:l6gmwiTKsz0"img src="http://feeds2.feedburner.com/~ff/YourFinancialFuture?d=l6gmwiTKsz0" border="0"/img/a a href="http://feeds2.feedburner.com/~ff/YourFinancialFuture?a=U_29xorncyc:DDw-HpK98gg:gIN9vFwOqvQ"img src="http://feeds2.feedburner.com/~ff/YourFinancialFuture?i=U_29xorncyc:DDw-HpK98gg:gIN9vFwOqvQ" border="0"/img/a /div

The schizophrenic nature of investors once again ruled the day during Friday trading on the Canadian Markets. For the tale of the tape, the TSX Exchange fell 0.92%, while the TSX Gold Index dropped 1.7% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, tacked on 0.21%, with the decliners edging out the advancers by a 408 to 363 margin on 165 million shares traded. Trevali Resources added C$0.11 to close at C$1.16 after the company announced that it signed a memorandum of understanding with Glencore International AG of Switzerland to help develop and obtain the metal concentrate from the Santander silver-lead-zinc mine project in Peru.

Endeavour Silver (AMEX:EXK) tabled a first quarter loss of US$1.9 million but cash costs fell to $7.56 per ounce of silver. Silver production came in at 572,785 ounces and gold production hit 2,335 ounces. Endeavour closed at C$1.99 for a C$0.01

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top longs/(shorts) w/ TOTAL returns since 1st purchase making me money TODAY: ASCA 48% SOLR 40% INOD 40% KONG 28% ARST 25% (MOS 46% CHTT 15%)

Today was owned by the banking sector as the “Bank Stress Tests” were released today. By in large this stress was viewed vastly different from all sides of the aisle. Regardless of anyone’s opinion, the market’s opinion was positive as banks roared higher pushing the NYSE composite Index and S&P500 higher. Lagging behind was the NASDAQ composite index and the IBD indexes. It shouldn’t be a major surprise seeing the banks leading for one day as the stress tests showed most banks can withstand further downside, but we’ll need to see leadership from the IBD indexes. Once again, we did see major support for the NASDAQ and other indexes showing there is a bullish tint …

by Christina Goldman

It will warm the heart of the numismatic community or those devotees of the study or collection of currency to know that the Silver Peace Dollar Coin issuance was inspired by their interesting and widespread hobby.The Peace Dollar was minted by the The U.S. Mint during a seven-year period, from 1921-1928. This popular silver dollar coin was also produced in another two-year period, from 1934-1935.

The Numismatist, the official publication of the American Numismatic Association (ANA), featured an article in 1918 which suggested the minting of a coin to mark the end of World War I and the triumph of democratic ideals. This was the inspiration for the Peace Dollar coin.

This suggestion was further expounded at the ANA convention in Chicago in August 1920. It called for either a half-dollar or a dollar commemorative coin to provide ample space for a design showcasing liberty, prosperity, …