While the Top Gold miners’ costs continue to increase, the real surprise was to see Barrick’s costs surge over $2,500 per oz. What is going on in the gold mining industry? Interestingly, the cost to produce gold continues to be higher even though energy prices have been the lowest in several years…
The U.S. imported so much silver this year, it is twice as much as the same period last year. As a matter of fact, the U.S. imported more silver in the first six months of 2025 than it did for the entire year in 2024. Also, the silver price closed at a new weekly high, and if it breaks this level, it will move up much higher next week…
While the rest of the world struggles with rising costs and declining demand for Green Energy, China is doing the opposite. Unfortunately, there seems to be a dark side to the massive increase in China’s wind and solar capacity as the country is forced to curtail record amounts of this green energy this year…
I spoke with Bob Coleman of Idaho Armored Vaults about what was driving the gold and silver prices to new highs and what was happening in the bullion market. Bob also discussed some of the details that take place in the complex precious metals trading futures market and why it can be so volatile…
While I have anticipated that U.S. Shale oil would eventually peak, it looks like it has finally arrived. Even the U.S. EIA – Energy Information Agency is forecasting a decline in domestic oil production. Also, the EIA suggests that U.S. power bills will increase significantly in the coming years…
Mexico’s INGEI reported the lowest silver production during the first half of the year since the 2020 Pandemic Shutdown. With silver prices not being high enough to generate new projects, several large mines in the country are experiencing ongoing depletion of reserves, pulling down overall production. While I knew Mexico’s…