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In a good bit of silver investment news, the NYSE continues to report terrific gains day by day, including a $0.84/oz increase during just one 24 hour period. The silver stock market seemed unfazed, poised to climb throughout the week without interruption, despite the European bailout package that has affected so many other markets.

Four major companies within the silver industry reported tremendous gains. Endeavour Silver Corporation was up 9.59%, Silver Wheaton Corporation jumped 8.12%, Hecla Mining Company rose 6.17%, and Silver Standard Resources Inc saw gains of 4.8%.

In particular, Endeavour Silver Corporation (EXK) saw a boost in stock prices thanks to news that silver production was up 34% and cash costs were down by 15%, when compared to 2009’s first quarter reports. More ten percent days may be in store for EXK in the coming trading days.

Silver Prices Rise Again

In other silver investment news, Silver Wheaton Corporation closed the $15 and $16 options with returns just over 100%, a great accomplishment for an otherwise down-turning market. Silver prices themselves have shown a remarkable amount of resiliency, bouncing back from a slight dip earlier in the year and showing promise for an uninterrupted upward climb. Across the board, silver prices are expected to rise again as early as next week.

The Verdict on Silver

All of this data supports expert opinions that silver is a wise investment in today’s economic climate. In fact, silver prices are looking good in both the short and long term, according to the recent silver investment news. All of the fundamentals are currently in place for silver to continue its rise in the coming months and years. To find out how you can take advantage of the bright future of this perfect precious metal investment, sign up for a free silver kit today.