Even though the premiums for Silver Eagles are still quite high, U.S. Mint sales this month continue to be RED HOT. In just five days, the U.S. Mint sold another 850,000 Silver Eagles. In March, sales of Silver Eagles already surpassed last month’s total by 110,500, and there is still another week remaining…
The hope that Peru’s silver mining industry would fully recover by the end of 2020 was stalled as production declined considerably during the first month of the new year. This was quite a surprise as the country’s silver production reached a high in December since the pandemic shutdowns last…
It’s one thing for Bitcoin or Tech stocks to go up in parabolic fashion, but a Blue-Chip stock?? Yes, indeed… you know it’s the Wild, Wild West in Wall Street when we see old fashion blue-chip stocks behaving like Tesla. Actually, I was quite stunned to see just how high this blue-chip stock surged…
The silver price is setting up the same fundamentals that pushed the palladium price up by five times over the past several years. While industrial demand was the overwhelming factor that caused the palladium price to skyrocket to over $2,500, investment demand will be the leading driver for the silver price…
The U.S. economy and financial system are heading towards a major crisis. Unfortunately, the factor responsible for the coming crisis is totally overlooked by the entire mainstream press, financial analysts, and economists. While rising debt loads, monetary debasement, and extreme leverage in the system take…
With the large correction in the oil price today, we are solidly in the money with our ExxonMobil Short Trade. While I had a pretty good idea that the oil price would begin a correction lower, I didn’t expect it to fall more than 7% in one day. But, that’s the way the market can react…