While the European economy is facing a severe contraction due to skyrocketing natural gas and energy prices, Big Energy Cracks are now appearing in China. Due to high LNG prices, China has switched to producing and burning more coal. Even with rising coal consumption, China may still suffer from power outages again this summer. This could be bad news for China and the rest of the world…
In Tom’s newest update, he talks about the Gold and Silver market and why Gold is holding up better than silver. However, Tom believes silver will likely catch up with gold’s gains in the future. Even though demand for both precious metals is strong, the silver premiums have been falling a bit while gold premiums, especially for the Gold Eagles have been increasing. Tom also suggests that it’s important to continue to Dollar-Cost Average for your metals purchases because it may become difficult…
Precious metals investors are wondering if the Silver Price is close to bottoming. In this newest update, I provide my analysis of the silver market and how close we are to bottoming. Also, I discuss what is happening with Silver Premiums and why we may be close to seeing a tightness in the wholesale silver market…
Americans better be prepared to pay much higher prices for energy as a Natural Gas Crisis is about to hit the United States. While the rest of the world has been dealing with skyrocketing natural gas prices, the U.S. has been spared, but that will change in the next 6-12 months….
With Europe facing a massive recession and continued weakness in the Euro Currency, Germans purchased the most physical gold investment in the past decade. Not only has German gold bar and coin demand reached record levels, but they are now right behind the first-place Chinese. We may even see German…
The Global Market isn’t prepared for the coming economic collapse as we head over the Energy Cliff. Even with a falling stock market, many institutions and investors are still buying the dip. This is insane because investors should be moving part of their assets and wealth into silver rather than soon to be deflating stocks, bonds, and real estate…