Richardcyoung.com

The Online Home of Author and Investor, Dick Young

  • Home
  • How We Are Different
  • Debbie Young
  • About Us
    • Foundation Principles
    • Contributors
  • Investing
    • You’ve Read The Last Issue of Intelligence Report, Now What?
  • Your Survival Guy
  • The Great Reset
  • The Swiss Way
  • My Rifles
  • Dividends and Compounding
  • Your Security
  • Dick Young
  • Key West
  • Paris
  • Dick’s R&B Top 100
  • Liberty & Freedom Map
  • Bank Credit & Money
  • Your Survival Guy’s Super States
  • NNT & Cholesterol
  • Your Health
  • Ron Paul
  • US Treasury Yield Curve: My Favorite Investor Tool
  • Anti-Gun Control
  • Anti-Digital Currency
  • World Gold Mine Production

Silver at 10-month High

April 19, 2016 By E.J. Smith - Your Survival Guy

With interest rates negative around the world Silver jumps to a 10 month high.

Silver prices jumped to their highest levels in 10 months during trading in Asia.
The price of silver rose 3 per cent to $16.73 a troy ounce, the highest level since June. It is now trading down at $16.63, writes Henry Sanderson.

Silver prices rallied on the Shanghai Gold Exchange, rising as much as 4.3 per cent to 3,595 yuan per kilogram, according to Reuters.

Silver prices have lagged gold this year, even though traditionally, gold rallies lead to higher silver prices. Prices started to rise at the beginning of last week.

“It’s a combination of silver getting a bit of attention over the past week with the big move in the gold/silver ratio and quite a few market participants looking at silver in and its relative performance to gold and thinking it might be time for a bit of catch up,” Joni Teves, an analyst at UBS, said.

Gold has rallied 17 per cent this year as expectations of a Fed rate hike have been pushed back. It traded up 0.85 per cent at $1,242.75 a troy ounce today.

 

Related Posts

  • Gold/Silver Ratio Looks Good for Silver
  • Investing in Water
  • RIP Horace Silver
  • Author
  • Recent Posts
E.J. Smith - Your Survival Guy
E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998.

E.J. has trained at Sig Sauer Academy in Epping, NH, NH, where he completed course-work in Practical and Defensive Handgun, Conceal Carry Pistol, Shotguns, Precision Scope Rifle and Kidnapping Prevention.

E.J. plays a Yamaha Recording Custom drum set with Zilldjian cymbals. His first drum set was a 5-piece Slingerland with Zildjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West and Paris.

Please get in touch with E.J. at ejsmith@yoursurvivalguy.com

Click here to sign up for my free monthly Survive & Thrive letter.
Latest posts by E.J. Smith - Your Survival Guy (see all)
  • Your Survival Guy Felt Like a U.N. Worker in Rome - May 31, 2023
  • The Future of the American City is This… - May 30, 2023
  • Your Survival Guy in Rome 30-Years A.B. (After Babson) - May 26, 2023

Dick Young’s Must Reads

  • Your Life on Main Street will Never be the Same
  • Meet Me at Freddy’s June 2022
  • The County Sheriff: America’s Last Hope
  • Can Ginger Combat Heart Disease and Improve Circulation?
  • Does Big Government Create Poverty?
  • Thanks to America’s Worst President
  • CONSTITUTIONAL CARRY: Alabama Becomes 22nd Permitless Carry State
  • The Simple, Elegant Power of the Retirement Compounders
  • The Clock is Ticking: You Must Protect Your Family
  • Biden Wants to Gut the Tax Benefit of 401K Plans

Disclosure

RSS Youngresearch.com

  • Your Survival Guy Felt Like a U.N. Worker in Rome
  • Happy Memorial Day!
  • Your Survival Guy in Rome 30-Years A.B. (After Babson)
  • Money Market Assets Hit Record High: $5.4 Trillion
  • A Three-Week International Research Trip to Paris via Rome
  • The Mania in AI Stocks Has Arrived
  • What Does That Have to Do with Your Dividend?
  • The Wisdom of Sam Zell
  • How Activists Have Weaponized Corporate Boards
  • Is an Investment Property Disaster Looming?

RSS Yoursurvivalguy.com

  • Your Survival Guy Felt Like a U.N. Worker in Rome
  • Social Security: Declining Italy Needs a Bambino Boom
  • ATTACK ON THE IVAN KHURS: Unmanned Vessels Changing Naval Warfare
  • The Future of the American City is This…
  • Happy Memorial Day: Your Survival Guy: Proud To Be an American
  • Your Survival Guy in Rome 30-Years A.B. (After Babson)
  • Insurers Now Fleeing the Net Zero Insurance Alliance
  • A Three-Week International Research Trip to Paris via Rome
  • Will Biden Repeat Obama with US Debt Downgrade?
  • What Does That Have to Do with Your Dividend?

The Party Is Going Off the Rails

Your Survival Guy Felt Like a U.N. Worker in Rome

Will Humanity Be Forced to Destroy AI?

The Overprescription of Statins for Heart Disease

Why Is Carcinogenic Monkey Virus DNA in COVID Vaccines?

Google Knows Where You Are and What You’re Thinking

Copyright © 2023 | Terms & Conditions | About Us | Dick Young | Archives