Americans purchased more gold bars & coins in the first half of 2023 than any other period since the 2008 Global Financial Crisis. More importantly, Americans’ physical gold bullion buying is greater than during the Pandemic shutdown in 2020….
Powerful forces are setting up for much higher silver prices, while the Major Market participants are totally unaware. Critical changes are taking place in the silver market, especially in the world’s largest silver producer, which I discuss in my newest “Weekend Update”….
Australia’s silver production took a major hit in the first quarter of 2023, falling 21% compared to the previous period. While wet weather may be partially the cause for the decline, Australia’s silver production has been falling considerably over the past 10-15 years…
If we look at the “Realistic Total Costs” to produce silver, First Majestic needs more than the market price to break even. Again, this is my analysis which is much different from the industry’s AISC – All In Sustaining Cost, which I discuss in my newest Video Update…
According to the Alberta Energy Regulator, mined oil sands production plummeted 48% in June. Is this true? Well, there seem to be some questions behind the data, but I will explain more of what is going on in the Alberta Oil Sands and why I believe it won’t be sustainable for many years…