Today was a crazy day in the markets as volatility pushed the prices of the metals and stocks all over the place. I discuss how the volatility is impacting many of the stocks and provide an update on First Majestic and Freeport McMoRan. Due to individual groups coordinating BUYING and SELLING…
The U.S. imported quite a bit of gold this year, but you should see how much silver. As the precious metals prices surged in 2020, we saw a huge inflow of metal into the United States. Not only were investors buying a lot of physical precious metals, but there was also a great deal of demand for the ETFs…
This is an important update for Silver & Gold Members. I wanted to share some new information about the markets, energy, precious metals, and our new Trade Alert System. Also, I spoke with precious metals dealer Tom Cloud this morning, and he says that the gold and silver retail market situation…
We covered our SHORT TRADE on First Majestic due to the volatility in after-market trading. Due to the high short position against First Majestic, the games will be played. None of the other silver miners are moving like this after hours. Due to the nature of the volatility, we covered at $14.65…
While some of the top five shale oil producers have seen a rebound in oil production since the pandemic shutdowns in early 2020, other companies have experienced massive declines. One of the largest shale oil producers has seen its production decline 30% in just six months!! What we are witnessing…
We are announcing a TRADE TRIGGER SHORT trade for First Majestic, ticker AG. In our Freeport-McMoRan update on Saturday, we mentioned that we were looking at First Majestic as a possible Short Trade. However, due to First Majestic’s volatile nature, we took the trade but didn’t send out the TRIGGER…