Shoshone Silver Gold Mining Company Long Term Chart September 28, 2010

About To Break Out Of Long Term Downtrend?

Shoshone Silver Gold Mining Company Chart September 28, 2010

Breaking out?

One More Look At Shoshone Silver Gold Mining Company (SHSH)

Looks like a buying opportunity to me ;)  (I already own this stock but like the way things are lining up)

Shoshone Silver Gold Mining Company (SHSH) Looking Ready To Break Out Higher

Shoshone Silver Gold Mining Company is one of my favorite microcap mining companies with a collection of excellent properties in the Silver Valley (Idaho) as well as other locations.  They have a great balance sheet, low share count and good management.  Looks like SHSH is about to head higher to me.  (Disclaimer: I own this stock and have for a while now)  I wrote about Shoshone Silver Mining quite a while back and things have only gotten better since then.

Silver Gold Ratio Breaking Out And Up?

Silver On The Other Hand.....

GDX Has Not Broken Out .... Yet.....

According To James Turk, Silver Is Ready To Take Center Stage

Here are a couple of great charts from James Turk at GoldMoney.com.  These charts show that silver may be ready to explode higher in the coming months just as gold has done.  It looks like silver has some real catching up to do in comparison to the rise gold has already made.  Read his excellent analysis here.

Long Term Silver Chart Versus Long Term Gold Chart

Taking a look at this long term silver chart vs long term gold chart from Roger Wiegand   tells me that silver has some catching up to do.  If you believe gold is heading higher in the years to come due to endless fiat money creation, then what do you think silver might do?  I would say "outperform".

Long Term Silver Chart From Trader Dan Filters Out The Noise

Silver & Gold COT Commitment Of Traders Report For Friday

Gold and Silver reports starting to look real ugly?  But does it matter?  It always has, but maybe one day, things will change.

Silver To Gold Ratio Shows Silver Ready To Gain On Gold

Take a look at the silver/gold ratio to see that the consolidation on the silver to gold ratio chart looks close to being resolved. It is certainly not a foregone conclusion that silver will outperform from here, but it bears watching.

Clifton Mining Company, Inc. Anticipates Full Scale Commercial Mining By October 2010

ALPINE, UT, Sept 09, 2010 /PRNewswire via COMTEX/ -- Clifton Mining's Partner, Desert Hawk Gold Corp, (DHG), has completed its $5MM funding to place the Clifton Properties into production.

DHG has also received the permits necessary to begin mining and milling. They have upgraded and doubled the size of the Cactus Mill, and they are currently moving waste in anticipation of the commencement of milling operations this month. DHG anticipates full scale commercial production by October 2010.

DHG will begin tuning the mill with other ore, for which Clifton will get a percentage, while mine development finishes on the Clifton mineral deposits.

Clifton and DHG are still awaiting the construction approvals for the two heap leaches that are planned for the area, including the Kiewit gold property leach. The plan is for multiple projects to be underway at the same time. The funding for that new construction is already in place. At current metals prices, when production begins from Clifton's properties, Clifton will receive an 8% NSR (Net Smelter Return) (12% NSR if gold is over $1250) on the precious metals and a 4% NSR on the non-ferrous metals produced from its properties.

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Updated Silver Price Chart Makes Me Go HMMMMMMMM?

Is this a big fake out?  Or is this the beginning of something much more interesting?  Watch the silver price chart for clues to our future.  Silver has a lot of catching up to do if it is to get back into a more normal relationship with the price of gold.

1 Year Silver Chart From Kitco

Silver has broken above some strong resistance. 

Silver : Gold Ratio Chart Update SLV/GLD Ratio

It is getting very interesting right now.

Silver To Gold Ratio Chart Undecided

I recently wrote about how silver in terms of gold is extremely cheap.  Considering this and the fact that silver is close to showing its intentions relative to gold in the very near future, this chart is interesting.  The question remains which way are we heading?