First and Last Word on Metals and Mining

Monthly Archives: February 2009

RSS Feed

The past couple of days there has been a shrinkage in the premium at which the silver and gold ETFs SLV and GLD have been trading over the spot price. I liken the ETF trading at a premium to the … Login or Subscribe to read more →

Posted in Basis Update, Member Only | 2 Comments

WARNING: The following analysis is only relevant to you if you believe that gold has some price or value in relation to the financial world and that it is worthwhile to examine this relationship periodically to determine if gold is … Read More →

Posted in Gold Market Fundamentals | 2 Comments

ETF Basis When it comes to the ETF basis, gold and silver have been like the Energizer bunny over the past 3 weeks. See below for charts (click them to enlarge) showing a shrunken but still visible level of NAV … Login or Subscribe to read more →

Posted in Basis Update, Market Update, Member Only, Option Strategies | 10 Comments

It has now been a few months since we discussed the Silver Option Strategies for 2009 with Metal Augmentor subscribers. Given that the March COMEX options are about to expire while several other trades may be on the verge of … Login or Subscribe to read more →

Posted in Member Only, Option Strategies, Silver Option Strategy, Speculative Trading Ideas | 0 Comment

During the past week, Mega Silver Inc. (TSX-V: MSR) announced a proposed business combination with Skybridge Development Corp. (TSX-V: SBD) and Quadra Mining Ltd. (TSX: QUA) announced its intention to acquire Centenario Copper Corporation (TSX: CCT). Significantly, both Mega Silver … Login or Subscribe to read more →

Posted in Analysis, Cash is King?, Member Only, Mining Equities | 5 Comments

The following ETF basis graph overlays from last Friday, February 6, indicate that the “backwardation” or NAV premium has pretty much disappeared from GLD and has declined to under 2 cents (15 basis points) for SLV. This is not an … Login or Subscribe to read more →

Posted in Basis Update, Member Only | 2 Comments

Over the past several months, there have been an increasing number of headlines pertaining to production cuts and mine shutdowns at numerous zinc mining operations due to the current low-price environment.  Still, it seems that no one has yet to … Login or Subscribe to read more →

Posted in Member Only, Zinc Market | 1 Comment

web design by Web Design Jakarta. WordPress code & SEO Optimized by WordPress Expert.