There have been some recent changes on the COMEX in response to the Bankers “War on Cash.” Last year, Chase Bank in the U.S. advised its clients who rent safe deposit boxes there would be some policy changes. Some of these changes had to do with the storage of cash…
In a surprising update, the world largest silver producer actually experienced a decline in silver mine supply over the past two years. This is quite remarkable as several analysts and official sources reported or perceived that Mexico continued to shown an increase in silver production. I wrote about this in…
There continues to be a lot of misinformation on the internet, even on the alternative media. So, I thought I set the record straight. Yes, it’s true…. the facts show that the U.S. peaked in silver production a century ago. That’s correct, 100 years ago. In my recent article, U.S….
After U.S. silver production declined nearly 20% in September (y.o.y), this continued again in October. According to the USGS Silver Mineral Industry Survey, silver production in the U.S. fell to 84.6 metric tons (mt) in October compared to 103 mt during the same month in 2014. As we can see…
If we look around the majority of the market today, not much is up besides gold and silver. Not only is the Dow Jones down big time, so are the S&P 500 and Nasdaq. Hell, even oil is lower by more than 2%. What we have here is gold and…
In a stunning development, the Comex Registered Silver inventories experienced a large one day decline yesterday. Nearly 10% of total Comex Registered Silver inventories were removed from the exchange on the last day of the year and reported on Jan 4th. According to the CME Group’s Metal Depository Statistics, 3.5…