What a crazy and volatile day in the precious metals market, especially silver. Demand for physical silver bullion products surged this weekend and continue to wipe out dealer inventories on Monday. At one point, premiums for Silver Eagles were $14-$15, a staggering 50% above the spot price…
Many of the precious metals wonder if something BIG is getting ready to happen in the Silver Market. And, they should be. Due to the WallStreetBets massive “Silver Short-Campaign,” last week, not only did the iShares SLV ETF see its inventories increase by 34 million oz on Friday, all the major online dealers…
In the past twenty years, the world’s largest top two gold miners never made more money per oz of gold than they did in 2020. So, even with the so-called manipulation of the precious metals prices, the top gold miners are now making money… HAND OVER FIST. How much money are the…
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…