Tag: FOMC policy

The FOMC Keeps Silver Alive

The recent FOMC meeting brought some short term optimism for the silver market mainly for iShares Silver Trust (SLV) as the FOMC appeared this time less hawkish than in previous meetings. Let’s review the latest statement, economic data and the…

The U.S. economy’s recovery weighs on SLV

The price of iShares Silver Trust (SLV) fell again by 1.6%. The recovery of SLV remains questionable anytime soon as the U.S. economy keeps showing signs of recovery and the FOMC is slowly setting the ground work for a rate…

Is SLV About to change course?

The upcoming FOMC meeting could result in shares of iShares Silver Trust (SLV) changing course and falling after they had rallied in the past couple of weeks. Let’s examine the upcoming FOMC meeting and state of the U.S. economy and…

The Fall and Rise of SLV

The price of iShares Silver Trust (SLV) slightly rallied in the past couple of weeks. Let’s examine the recent developments related to SLV including China’s rate cut, and the progress of the U.S. economy. U.S. Growth and SLV The second…

What Is Next for GLD?

golden bar

Shares of SPDR Gold (GLD) are up by 2% since the beginning of the month. The recent release of the minutes of the FOMC didn’t move the precious metal ETF from its current price range. Let’s review the latest minutes…

Is SLV Expected to Keep Going Up?

The silver ETF iShares Silver Trust (SLV) bounced back following the latest deprecation of the U.S. dollar against leading currencies also contributed to the recovery of SLV. The recent lower than expected JOLTS report also provided some back-wind for bullion…

Will SLV Head Up Anytime soon?

The recent non-farm payroll didn’t meet market expectations and led to a bounce in Shares Silver Trust (SLV). This silver ETF is still down by 2.6% since the beginning of month. Let’s review the relation between SLV and the progress…

SLV reaching a new low

The recent decision of the FOMC to end QE3 didn’t come as a surprise. The hawkish tone in the statement provided the ammunition to shoot down Shares Silver Trust (SLV) — its price fell by 6.1% during last week.  This…