In order to weather the manipulated low paper price of silver, the primary miners cut costs, reduced exploration and capital expenditures. Utilizing these cost cutting measures, the top primary silver miners as a group managed to pull off a small gain even though the average price of silver was only…
(by Charles Savoie) Does anyone doubt we reside in the most financially corrupt country in the world? We are in deep trouble from many angles. Precious metals investors who have ordinary emotions have long felt like they’re living underwater, wanting to come up for air; meaning—we wait year in and…
A new report from The I.E.A. predicts the United States will have to rely more heavily on Middle East oil in the coming years, as North American sources start to dry up putting more bargaining power back in the hands of OPEC countries, such as Saudi Arabia. This is quite…
In order to survive in a manipulated low-price environment, the gold producers resorted to “High-grading” some of their mines. By high-grading, the mining companies target higher ore grades in their operations to produce more metal while lowering costs. Unfortunately, this short-term band-aid comes at a cost. When the mining companies…
There is no need in trying to prove precious metals manipulation, because it’s out in the open… right in front of your eyes. However, this doesn’t stop the silly games being played by some of the well-known analysts in the precious metal community. CPM Group came out with a market…
With the release of the Royal Canadian Mint’s first quarter 2014 report, sales of silver maples increased substantially compared to the same period last year. While Silver Eagles sales in Q1 declined slightly year-over-year due to a backup at the U.S. Mint, Canadian Maple Leaf sales reported a 24% increase….