Today, the precious metals rally continued as the gold price closed $32 higher on the first trading day in December. However, the GDX – Gold Miners ETF continues underperforming the gold price. This is certainly odd because the Dow Jones Index surged nearly 300 more points…
Gold & Silver finally BROKE OUT above long-term critical levels… so what’s next?? Well, if the U.S. Treasury continues to pump $170 billion a month of new debt into the U.S. Economy, that will turn out to be extremely inflationary and thus bullish for the metals…
Can new mining projects in the next few years halt the ongoing decline in the global silver mine supply? Logic suggests this… but it hasn’t been the case since the world’s silver production peaked in 2016. Even with 60 million oz of new silver supply, global mine production grinds lower…
It’s one thing when the Western wind power companies lose money, but another thing entirely when it happens to the largest firm in China. Why? China is supposed to be the lowest-cost producer in the world. This is just another nail in the coffin for the Green Energy Industry…
Is the International Monetary Fund suggesting that “Gold is no longer a barbarous relic? ” Many central bankers are considering this excellent question. Unfortunately, the IMF Gold Report totally excludes the most important factor why central bank gold reserves will surge in the future…
Well… there have been some interesting things happening in the Silver Market that I thought I’d share in this update. You have to see how much silver India imported last month… WOW!! I also answer some of the excellent questions from the GoldMoney post…