(MoneyMetalsExchange) Not only did Governor Abbott of Texas announce they’re going to build a new depository, he made sure in his press release, he said a gold and silver depository. That’s important because silver is mentioned there, not just as an industrial metal, but it’s in the same vein as…
This is a chart every gold investor needs to see. While the gold mining industry works harder every year to produce the highly sought-after monetary metal, its overall productivity continues to decline. Actually, decline is too soft of a word to describe what’s taking place in the world’s leading gold…
There was a definite trend change in precious metal sentiment and investment demand in June as the market senses financial turmoil on the horizon. Each day we see another announcement from Main Stream financial sources warning of upcoming systemic risk in the markets. For example, Goldcore published the article “Hold…
(by Shadow of Truth, The Daily Coin) “The path to growth is gradual but the road to ruin is rapid.” – Lucius Seneca, Roman philosopher. When the system finally starts to unravel, the speed at which it will unravel and how it takes down the fiscal economy will be breathtaking….
The folks at FreeGold (FOFOA) believe that when gold revalues to $45,000, silver would fall down to $1.85. They stated this in their recent article, FOFOA: Silver Dollar. Actually, FOFOA’s original calculation was done back in 2001, when they saw gold revaluing to $10,000 and silver down to a measly…
With the rapid fall in the price of oil, the primary silver miners production costs declined in the first quarter of 2015. How much? Well, actually a bit more than I forecasted. However, even with lower production costs, the top 12 primary miners as a group still lost money. According…