Commodity Prices

Gold •686 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,931.80	-27.80	-1.42%
WTI Crude •10 mins	98.93	+0.67	+0.68%
Gasoline •11 mins	3.473	-0.015	-0.42%
Ethanol •686 days	2.161	+0.000	+0.00%
Silver •686 days	30.82	+1.16	+3.92%

Silver • 686 days	30.82	+1.16	+3.92%
Copper • 686 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	105.57	+0.55	+0.52%
Natural Gas • 11 mins	3.035	+0.031	+1.03%
Heating Oil • 11 mins	3.920	-0.027	-0.69%

Headlines

1,071 days Will The ECB Continue To Hike Rates?
1,071 days Forbes: Aramco Remains Largest Company In The Middle East
1,073 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,473 days Could Crypto Overtake Traditional Investment?
1,477 days Americans Still Quitting Jobs At Record Pace
1,479 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,482 days Is The Dollar Too Strong?
1,483 days Big Tech Disappoints Investors on Earnings Calls
1,484 days Fear And Celebration On Twitter as Musk Takes The Reins
1,485 days China Is Quietly Trying To Distance Itself From Russia
1,486 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,490 days Crypto Investors Won Big In 2021
1,490 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,491 days Food Prices Are Skyrocketing As Putin’s War Persists
1,493 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,493 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,497 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,497 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,498 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,500 days Are NFTs About To Take Over Gaming?

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

Erik Swarts

Erik is an active trader, who has always taken a broad perspective when approaching the markets.

More Info

Contact Author

Open Window

By Erik Swarts - Aug 16, 2011, 1:33 PM CDT

I continue to believe that silver is a broken market searching for significantly lower prices. From my perspective, the window for the next leg lower is wide open and upon us.

Whether the currency market breaks first or in concert with the precious metals market is anyones guess at this point. But the proportions going into this move have been extreme and will likely be commensurate on the backside.

Silver vs Dollar
Larger Image