Sales of the U.S. Mint’s Silver Eagles continued to be strong in the first few days of April. With the most recent update from the U.S. Mint, Silver Eagle sales are on track to surpass Jan-Apr 2020 figures by a wide margin. Of course, the U.S. Mint suspended operations in April last year…
With the global semiconductor shortage forecasted to extend well into the second half of the year, many companies have been forced to shut down production or delay the release of new product lines. And, to make matters worse, with the Bitcoin price surging towards $60K, booming demand for Bitcoin miners…
What happened to the world’s two largest primary mines over the past decade reveals how the high-quality ores in the silver industry are becoming extinct. Thus, the mining companies are forced to extract lower-quality ore at a much higher cost to continue producing silver. Not only do lower ore grades…
This update shows what the long-term chart and technicals say about where the metals, oil, lumber, U.S. Dollar, and Bitcoin are headed in the short term. Yes, we can use long-term charts to provide clues to the short-term movements in these metals, commodities, and assets. Interestingly, the long-term…
This is a monthly wrap-up of the Metals & Markets and some perspectives for the future. While everyone seems to be focused on the crazy action in the broader stock indexes, the real trouble is taking place in the economy and energy industry. What people don’t realize is if there is less energy production…
While the paper price doesn’t show it yet, the silver market continues to experience high demand and tight supply. In this update, I discuss what is taking place in the wholesale and retail silver market. Earlier today I spoke with Dan at Cloud Hard Assets about the retail silver bullion…