According the most recent official data, the U.S. continues to import record volumes of silver. This is quite interesting because retail physical silver investment and industrial demand dropped off toward the end of the year. After the huge spike in physical silver investment from July to September, demand cooled down…
The markets have finally cracked and things are about to become a lot more interesting. Today, the price of gold surged more than $60 and silver $0.60 as the markets crumbled. Even though the markets recovered after some TWO-BIT announcement by OPEC stating that they were talking about “Cutting Production”…
There’s an ongoing catastrophe taking place in Ecuador. Not only has a significant part of the Amazon been polluted by toxic waste oil left behind from the wonderful folks at Texaco when the company started drilling for oil in Ecuador back in the 1970’s, but the low oil price has…
As market turmoil continues to push gold and silver prices higher, precious metal investors need to understand the fundamentals more than ever. Unfortunately, there continues to be a lot of misinformation reported by sources in the precious metal community. This is harmful as it confuses would be precious metal investors….
There is something seriously wrong taking place in the markets today. This is also true in the paper gold and silver markets as well. For a paper precious metals futures market to function properly, there has to be ample supplies of physical metal. However, the ongoing trend of falling precious…